S2AD CONSULTING: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
S2AD CONSULTING
Largest movements
- Receivables within one year +€23,203
up €23,203 (+74.8%), from €31,031 to €54,234
of which Other amounts receivable: +€22,585
- Tax, wage and social debts +€16,008
up €16,008 (+33.9%), from €47,225 to €63,233
- Other debts +€10,365
up €10,365 (+24.3%), from €42,606 to €52,971
- Trade debts -€3,685
down €3,685 (-85.5%), from €4,310 to €625
- Taxes -€5,840
down €5,840 (-21.1%), from €27,635 to €21,795
- Gross operating margin -€2,041
down €2,041 (-2.3%), from €89,080 to €87,039
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €105,254 | €127,942 | +€22,688 | +21.6% |
| Current assets | 29/58 | €105,254 | €127,942 | +€22,688 | +21.6% |
| Amounts receivable within one year | 40/41 | €31,031 | €54,234 | +€23,203 | +74.8% |
| Trade receivables | 40 | €7,895 | €8,513 | +€618 | +7.8% |
| Other amounts receivable | 41 | €23,136 | €45,721 | +€22,585 | +97.6% |
| Cash at bank and in hand | 54/58 | €74,223 | €73,708 | -€515 | -0.7% |
| Total equity and liabilities | 10/49 | €105,254 | €127,942 | +€22,688 | +21.6% |
| Equity | 10/15 | €11,113 | €11,113 | = | 0.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | - | -€6,200 | |
| Share premium | 1100/10 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,053 | €3,053 | = | 0.0% |
| Amounts payable | 17/49 | €94,141 | €116,829 | +€22,688 | +24.1% |
| Amounts payable within one year | 42/48 | €94,141 | €116,829 | +€22,688 | +24.1% |
| Trade debts | 44 | €4,310 | €625 | -€3,685 | -85.5% |
| Suppliers | 440/4 | €4,310 | €625 | -€3,685 | -85.5% |
| Taxes, remuneration and social security | 45 | €47,225 | €63,233 | +€16,008 | +33.9% |
| Taxes | 450/3 | €47,225 | €63,233 | +€16,008 | +33.9% |
| Other amounts payable | 47/48 | €42,606 | €52,971 | +€10,365 | +24.3% |
| Other operating charges | 640/8 | €511 | €528 | +€17 | +3.3% |
| Gross operating margin | 9900 | €89,080 | €87,039 | -€2,041 | -2.3% |
| Operating profit (loss) | 9901 | €88,569 | €86,511 | -€2,058 | -2.3% |
| Financial charges | 65/66B | €69 | €119 | +€50 | +72.5% |
| Recurring financial charges | 65 | €69 | €119 | +€50 | +72.5% |
| Profit (loss) for the period before taxes | 9903 | €88,500 | €86,392 | -€2,108 | -2.4% |
| Income taxes | 67/77 | €27,635 | €21,795 | -€5,840 | -21.1% |
| Profit (loss) for the period | 9904 | €60,865 | €64,597 | +€3,732 | +6.1% |
| Profit (loss) for the period to be appropriated | 9905 | €60,865 | €64,597 | +€3,732 | +6.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.