Serge Corthouts Consultancy: what changed
Serge Corthouts Consultancy
Largest movements
- Receivables within one year +€36,123
up €36,123 (+1,086%), from €3,328 to €39,450
- Cash -€1,489
down €1,489 (-99.3%), from €1,500 to €11
mainly Receivables within one year (-€36,123) and Trade debts (-€1,108)
- Reserves +€22,114
up €22,114 (+1,507%), from €1,467 to €23,581
- Tax, wage and social debts +€12,947
up €12,947 (+1,722%), from €752 to €13,700
- Trade debts -€1,108
no longer reported in 2025 (was €1,108)
- Other debts +€680
new in 2025: €680
- Gross operating margin +€28,778
up €28,778 (+1,569%), from €1,834 to €30,612
- Taxes +€7,926
up €7,926 (+2,160%), from €367 to €8,293
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,828 | €39,461 | +€34,633 | +717% |
| Current assets | 29/58 | €4,828 | €39,461 | +€34,633 | +717% |
| Amounts receivable within one year | 40/41 | €3,328 | €39,450 | +€36,123 | +1,086% |
| Trade receivables | 40 | €3,328 | €39,450 | +€36,123 | +1,086% |
| Cash at bank and in hand | 54/58 | €1,500 | €11 | -€1,489 | -99.3% |
| Total equity and liabilities | 10/49 | €4,828 | €39,461 | +€34,633 | +717% |
| Equity | 10/15 | €2,967 | €25,081 | +€22,114 | +745% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €1,467 | €23,581 | +€22,114 | +1,507% |
| Distributable reserves | 133 | €1,467 | €23,581 | +€22,114 | +1,507% |
| Amounts payable | 17/49 | €1,860 | €14,380 | +€12,519 | +673% |
| Amounts payable within one year | 42/48 | €1,860 | €14,380 | +€12,519 | +673% |
| Trade debts | 44 | €1,108 | - | -€1,108 | |
| Suppliers | 440/4 | €1,108 | - | -€1,108 | |
| Taxes, remuneration and social security | 45 | €752 | €13,700 | +€12,947 | +1,722% |
| Taxes | 450/3 | €752 | €13,700 | +€12,947 | +1,722% |
| Other amounts payable | 47/48 | - | €680 | +€680 | |
| Other operating charges | 640/8 | - | €206 | +€206 | |
| Gross operating margin | 9900 | €1,834 | €30,612 | +€28,778 | +1,569% |
| Operating profit (loss) | 9901 | €1,834 | €30,406 | +€28,572 | +1,558% |
| Profit (loss) for the period before taxes | 9903 | €1,834 | €30,406 | +€28,572 | +1,558% |
| Income taxes | 67/77 | €367 | €8,293 | +€7,926 | +2,160% |
| Profit (loss) for the period | 9904 | €1,467 | €22,114 | +€20,646 | +1,407% |
| Profit (loss) for the period to be appropriated | 9905 | €1,467 | €22,114 | +€20,646 | +1,407% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.