SENTENCES 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.
SENTENCES CONSULTING
Largest movements
- Receivables within one year +€40,604
up €40,604 (+11.7%), from €347,199 to €387,803
of which Trade receivables: +€57,903
- Tangible fixed assets +€11,645
up €11,645 (+486%), from €2,398 to €14,043
of which Furniture and vehicles: +€10,188
- Reserves +€51,296
up €51,296 (+40.9%), from €125,346 to €176,641
- Trade debts +€16,427
up €16,427 (+57.3%), from €28,685 to €45,112
- Tax, wage and social debts -€10,536
down €10,536 (-7.0%), from €150,298 to €139,763
of which Taxes: -€13,235
- Debts after one year -€9,445
down €9,445 (-21.6%), from €43,803 to €34,358
- Gross operating margin +€33,387
up €33,387 (+36.6%), from €91,179 to €124,566
- Financial income -€11,728
down €11,728 (-98.6%), from €11,892 to €164
- Financial charges +€10,977
up €10,977 (+85.3%), from €12,873 to €23,850
- Other operating charges -€6,260
down €6,260 (-42.9%), from €14,589 to €8,328
- Taxes +€3,083
up €3,083 (+10.6%), from €28,953 to €32,035
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 | €432,558 | €482,758 | +€50,200 | +11.6% |
| Fixed assets | 21/28 | €2,698 | €14,343 | +€11,645 | +432% |
| Tangible fixed assets | 22/27 | €2,398 | €14,043 | +€11,645 | +486% |
| Plant, machinery and equipment | 23 | €2,398 | €3,854 | +€1,456 | +60.7% |
| Furniture and vehicles | 24 | - | €10,188 | +€10,188 | |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €429,860 | €468,415 | +€38,555 | +9.0% |
| Amounts receivable after more than one year | 29 | €80,116 | €80,116 | = | 0.0% |
| Other amounts receivable | 291 | €80,116 | €80,116 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €347,199 | €387,803 | +€40,604 | +11.7% |
| Trade receivables | 40 | €90,444 | €148,347 | +€57,903 | +64.0% |
| Other amounts receivable | 41 | €256,755 | €239,456 | -€17,299 | -6.7% |
| Cash at bank and in hand | 54/58 | €2,546 | €497 | -€2,049 | -80.5% |
| Total equity and liabilities | 10/49 | €432,558 | €482,758 | +€50,200 | +11.6% |
| Equity | 10/15 | €189,749 | €241,045 | +€51,296 | +27.0% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €125,346 | €176,641 | +€51,296 | +40.9% |
| Distributable reserves | 133 | €125,346 | €176,641 | +€51,296 | +40.9% |
| Profit (loss) carried forward | 14 | €45,404 | €45,404 | = | 0.0% |
| Amounts payable | 17/49 | €242,809 | €241,713 | -€1,096 | -0.5% |
| Amounts payable after more than one year | 17 | €43,803 | €34,358 | -€9,445 | -21.6% |
| Financial debts | 170/4 | €43,803 | €34,358 | -€9,445 | -21.6% |
| Amounts payable within one year | 42/48 | €199,006 | €207,355 | +€8,350 | +4.2% |
| Current portion of amounts payable after more than one year | 42 | €20,022 | €22,481 | +€2,458 | +12.3% |
| Trade debts | 44 | €28,685 | €45,112 | +€16,427 | +57.3% |
| Suppliers | 440/4 | €28,685 | €45,112 | +€16,427 | +57.3% |
| Taxes, remuneration and social security | 45 | €150,298 | €139,763 | -€10,536 | -7.0% |
| Taxes | 450/3 | €150,298 | €137,064 | -€13,235 | -8.8% |
| Remuneration and social security | 454/9 | - | €2,699 | +€2,699 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,557 | €3,650 | +€2,093 | +134% |
| Other operating charges | 640/8 | €14,589 | €8,328 | -€6,260 | -42.9% |
| Non-recurring operating charges | 66A | - | €5,570 | +€5,570 | |
| Gross operating margin | 9900 | €91,179 | €124,566 | +€33,387 | +36.6% |
| Operating profit (loss) | 9901 | €75,033 | €107,017 | +€31,984 | +42.6% |
| Financial income | 75/76B | €11,892 | €164 | -€11,728 | -98.6% |
| Recurring financial income | 75 | €11,892 | €164 | -€11,728 | -98.6% |
| Financial charges | 65/66B | €12,873 | €23,850 | +€10,977 | +85.3% |
| Recurring financial charges | 65 | €12,873 | €23,850 | +€10,977 | +85.3% |
| Profit (loss) for the period before taxes | 9903 | €74,051 | €83,331 | +€9,280 | +12.5% |
| Income taxes | 67/77 | €28,953 | €32,035 | +€3,083 | +10.6% |
| Profit (loss) for the period | 9904 | €45,099 | €51,296 | +€6,197 | +13.7% |
| Profit (loss) for the period to be appropriated | 9905 | €45,099 | €51,296 | +€6,197 | +13.7% |
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 19 October 2026 via checked.be.