SF CONSULTEX: 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.
SF CONSULTEX
Largest movements
- Cash +€21,406
up €21,406 (+86.7%), from €24,679 to €46,085
mainly Net result for the year (+€22,151) and Trade debts (+€19,859)
- Receivables within one year +€15,298
up €15,298 (+44.0%), from €34,763 to €50,062
- Deferred charges and accrued income -€9,369
down €9,369 (-25.0%), from €37,446 to €28,077
- Tangible fixed assets -€1,936
down €1,936 (-36.9%), from €5,244 to €3,308
- Trade debts +€19,859
up €19,859 (+151%), from €13,151 to €33,010
- Profit (loss) carried forward -€7,633
no longer reported in 2025 (was €7,633)
- Other debts +€5,343
up €5,343 (+19.4%), from €27,490 to €32,833
- Tax, wage and social debts +€4,980
up €4,980 (+17.7%), from €28,073 to €33,054
of which Taxes: +€5,953
- Accrued charges and deferred income +€2,850
up €2,850 (+37.8%), from €7,548 to €10,398
- Staff costs -€7,888
down €7,888 (-18.1%), from €43,668 to €35,779
- Taxes +€4,860
up €4,860 (+108%), from €4,516 to €9,375
- Gross operating margin -€2,382
down €2,382 (-3.1%), from €77,087 to €74,704
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 | €102,496 | €127,895 | +€25,399 | +24.8% |
| Fixed assets | 21/28 | €5,607 | €3,671 | -€1,936 | -34.5% |
| Tangible fixed assets | 22/27 | €5,244 | €3,308 | -€1,936 | -36.9% |
| Other tangible fixed assets | 26 | €5,244 | €3,308 | -€1,936 | -36.9% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €96,888 | €124,224 | +€27,335 | +28.2% |
| Amounts receivable within one year | 40/41 | €34,763 | €50,062 | +€15,298 | +44.0% |
| Trade receivables | 40 | €34,763 | €50,062 | +€15,298 | +44.0% |
| Cash at bank and in hand | 54/58 | €24,679 | €46,085 | +€21,406 | +86.7% |
| Deferred charges and accrued income | 490/1 | €37,446 | €28,077 | -€9,369 | -25.0% |
| Total equity and liabilities | 10/49 | €102,496 | €127,895 | +€25,399 | +24.8% |
| Equity | 10/15 | €26,233 | €18,600 | -€7,633 | -29.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,633 | - | -€7,633 | |
| Amounts payable | 17/49 | €76,263 | €109,295 | +€33,032 | +43.3% |
| Amounts payable within one year | 42/48 | €68,715 | €98,897 | +€30,182 | +43.9% |
| Trade debts | 44 | €13,151 | €33,010 | +€19,859 | +151% |
| Suppliers | 440/4 | €13,151 | €33,010 | +€19,859 | +151% |
| Taxes, remuneration and social security | 45 | €28,073 | €33,054 | +€4,980 | +17.7% |
| Taxes | 450/3 | €19,928 | €25,881 | +€5,953 | +29.9% |
| Remuneration and social security | 454/9 | €8,145 | €7,173 | -€973 | -11.9% |
| Other amounts payable | 47/48 | €27,490 | €32,833 | +€5,343 | +19.4% |
| Accrued charges and deferred income | 492/3 | €7,548 | €10,398 | +€2,850 | +37.8% |
| Remuneration, social security and pensions | 62 | €43,668 | €35,779 | -€7,888 | -18.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,936 | €1,936 | = | 0.0% |
| Other operating charges | 640/8 | €1,204 | €1,371 | +€167 | +13.9% |
| Non-recurring operating charges | 66A | €413 | - | -€413 | |
| Gross operating margin | 9900 | €77,087 | €74,704 | -€2,382 | -3.1% |
| Operating profit (loss) | 9901 | €29,866 | €35,618 | +€5,752 | +19.3% |
| Financial income | 75/76B | €488 | €20 | -€468 | -96.0% |
| Recurring financial income | 75 | €488 | €20 | -€468 | -96.0% |
| Financial charges | 65/66B | €4,740 | €4,111 | -€629 | -13.3% |
| Recurring financial charges | 65 | €4,740 | €4,111 | -€629 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €25,614 | €31,527 | +€5,913 | +23.1% |
| Income taxes | 67/77 | €4,516 | €9,375 | +€4,860 | +108% |
| Profit (loss) for the period | 9904 | €21,099 | €22,151 | +€1,053 | +5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €21,099 | €22,151 | +€1,053 | +5.0% |
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 20 October 2026 via checked.be.