SALES CONSULTING SERVICES: 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.
SALES CONSULTING SERVICES
Largest movements
- Receivables within one year +€195,490
up €195,490 (+375%), from €52,082 to €247,572
of which Trade receivables: +€153,647
- Cash -€64,006
down €64,006 (-34.9%), from €183,242 to €119,235
mainly Receivables within one year (-€195,490) and Contributions, distributions and other (-€36,721)
- Tangible fixed assets -€20,418
down €20,418 (-7.2%), from €284,164 to €263,746
of which Land and buildings: -€17,088
- Reserves +€133,550
up €133,550 (+26.1%), from €511,692 to €645,242
- Trade debts -€15,915
down €15,915 (-91.9%), from €17,311 to €1,397
- Gross operating margin +€48,994
up €48,994 (+24.6%), from €199,236 to €248,231
- Taxes +€3,925
up €3,925 (+6.3%), from €62,375 to €66,300
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 | €821,209 | €932,275 | +€111,066 | +13.5% |
| Fixed assets | 21/28 | €585,885 | €565,468 | -€20,418 | -3.5% |
| Tangible fixed assets | 22/27 | €284,164 | €263,746 | -€20,418 | -7.2% |
| Land and buildings | 22 | €234,679 | €217,591 | -€17,088 | -7.3% |
| Leasing and similar rights | 25 | €49,485 | €46,155 | -€3,330 | -6.7% |
| Financial fixed assets | 28 | €301,721 | €301,721 | = | 0.0% |
| Current assets | 29/58 | €235,324 | €366,807 | +€131,483 | +55.9% |
| Amounts receivable within one year | 40/41 | €52,082 | €247,572 | +€195,490 | +375% |
| Trade receivables | 40 | €52,048 | €205,695 | +€153,647 | +295% |
| Other amounts receivable | 41 | €34 | €41,877 | +€41,843 | +122,526% |
| Cash at bank and in hand | 54/58 | €183,242 | €119,235 | -€64,006 | -34.9% |
| Total equity and liabilities | 10/49 | €821,209 | €932,275 | +€111,066 | +13.5% |
| Equity | 10/15 | €718,515 | €844,059 | +€125,545 | +17.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €511,692 | €645,242 | +€133,550 | +26.1% |
| Distributable reserves | 133 | €511,692 | €645,242 | +€133,550 | +26.1% |
| Profit (loss) carried forward | 14 | €67,766 | €67,766 | = | 0.0% |
| Investment grants | 15 | €119,057 | €111,052 | -€8,005 | -6.7% |
| Amounts payable | 17/49 | €102,694 | €88,215 | -€14,479 | -14.1% |
| Amounts payable after more than one year | 17 | €63,785 | €60,780 | -€3,005 | -4.7% |
| Financial debts | 170/4 | €63,785 | €60,780 | -€3,005 | -4.7% |
| Amounts payable within one year | 42/48 | €37,893 | €26,468 | -€11,425 | -30.2% |
| Current portion of amounts payable after more than one year | 42 | €2,825 | €3,005 | +€181 | +6.4% |
| Trade debts | 44 | €17,311 | €1,397 | -€15,915 | -91.9% |
| Suppliers | 440/4 | €17,311 | €1,397 | -€15,915 | -91.9% |
| Taxes, remuneration and social security | 45 | €17,757 | €22,066 | +€4,309 | +24.3% |
| Taxes | 450/3 | €17,757 | €22,066 | +€4,309 | +24.3% |
| Accrued charges and deferred income | 492/3 | €1,016 | €967 | -€49 | -4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,418 | €20,418 | = | 0.0% |
| Other operating charges | 640/8 | €6,016 | €6,036 | +€21 | +0.3% |
| Gross operating margin | 9900 | €199,236 | €248,231 | +€48,994 | +24.6% |
| Operating profit (loss) | 9901 | €172,803 | €221,777 | +€48,974 | +28.3% |
| Financial income | 75/76B | €11,458 | €10,939 | -€520 | -4.5% |
| Recurring financial income | 75 | €11,458 | €10,939 | -€520 | -4.5% |
| Financial charges | 65/66B | €4,256 | €4,150 | -€106 | -2.5% |
| Recurring financial charges | 65 | €4,256 | €4,150 | -€106 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | €180,006 | €228,565 | +€48,560 | +27.0% |
| Income taxes | 67/77 | €62,375 | €66,300 | +€3,925 | +6.3% |
| Profit (loss) for the period | 9904 | €117,630 | €162,265 | +€44,635 | +37.9% |
| Profit (loss) for the period to be appropriated | 9905 | €117,630 | €162,265 | +€44,635 | +37.9% |
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 31 October 2026 via checked.be.