SIX PATHS 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.
SIX PATHS CONSULTING
Largest movements
- Stocks and contracts -€19,319
no longer reported in 2024 (was €19,319)
- Cash -€12,340
down €12,340 (-97.5%), from €12,658 to €318
mainly Net result for the year (-€27,977) and Tax, wage and social debts (-€11,083)
- Receivables within one year +€9,569
up €9,569 (+10.5%), from €91,184 to €100,753
of which Other amounts receivable: +€7,536
- Tangible fixed assets -€2,046
down €2,046 (-24.6%), from €8,328 to €6,282
of which Plant, machinery and equipment: -€1,226
- Profit (loss) carried forward -€27,977
down €27,977 (-40.4%), from €69,215 to €41,239
- Trade debts +€16,451
up €16,451 (+60.6%), from €27,167 to €43,618
of which Suppliers: +€10,142
- Tax, wage and social debts -€11,083
down €11,083 (-59.0%), from €18,796 to €7,713
- Short-term financial debts -€2,178
down €2,178 (-80.6%), from €2,701 to €523
- Gross operating margin -€47,669
down €47,669, from €25,701 to -€21,967
- Purchases and services +€41,224
up €41,224 (+55.4%), from €74,424 to €115,649
- Turnover -€8,383
down €8,383 (-8.5%), from €98,486 to €90,103
- Taxes -€7,493
down €7,493 (-98.5%), from €7,606 to €113
- Financial charges +€3,050
up €3,050 (+646%), from €472 to €3,522
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €132,140 | €107,353 | -€24,787 | -18.8% |
| Fixed assets | 21/28 | €8,978 | €6,282 | -€2,696 | -30.0% |
| Tangible fixed assets | 22/27 | €8,328 | €6,282 | -€2,046 | -24.6% |
| Plant, machinery and equipment | 23 | €7,468 | €6,241 | -€1,226 | -16.4% |
| Furniture and vehicles | 24 | €861 | €41 | -€820 | -95.3% |
| Financial fixed assets | 28 | €650 | - | -€650 | |
| Current assets | 29/58 | €123,161 | €101,071 | -€22,091 | -17.9% |
| Stocks and contracts in progress | 3 | €19,319 | - | -€19,319 | |
| Stocks | 30/36 | €19,319 | - | -€19,319 | |
| Amounts receivable within one year | 40/41 | €91,184 | €100,753 | +€9,569 | +10.5% |
| Trade receivables | 40 | €19,620 | €21,653 | +€2,033 | +10.4% |
| Other amounts receivable | 41 | €71,564 | €79,100 | +€7,536 | +10.5% |
| Cash at bank and in hand | 54/58 | €12,658 | €318 | -€12,340 | -97.5% |
| Total equity and liabilities | 10/49 | €132,140 | €107,353 | -€24,787 | -18.8% |
| Equity | 10/15 | €83,475 | €55,499 | -€27,977 | -33.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | - | -€12,400 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €69,215 | €41,239 | -€27,977 | -40.4% |
| Amounts payable | 17/49 | €48,665 | €51,854 | +€3,190 | +6.6% |
| Amounts payable within one year | 42/48 | €48,665 | €51,854 | +€3,190 | +6.6% |
| Financial debts | 43 | €2,701 | €523 | -€2,178 | -80.6% |
| Credit institutions | 430/8 | €2,701 | €523 | -€2,178 | -80.6% |
| Trade debts | 44 | €27,167 | €43,618 | +€16,451 | +60.6% |
| Suppliers | 440/4 | €26,782 | €36,924 | +€10,142 | +37.9% |
| Bills of exchange payable | 441 | €385 | €6,694 | +€6,309 | +1,637% |
| Taxes, remuneration and social security | 45 | €18,796 | €7,713 | -€11,083 | -59.0% |
| Taxes | 450/3 | €18,796 | €7,713 | -€11,083 | -59.0% |
| Turnover | 70 | €98,486 | €90,103 | -€8,383 | -8.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €74,424 | €115,649 | +€41,224 | +55.4% |
| Remuneration, social security and pensions | 62 | €7 | €0 | -€7 | -95.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,046 | €2,046 | = | 0.0% |
| Other operating charges | 640/8 | €374 | €394 | +€20 | +5.2% |
| Gross operating margin | 9900 | €25,701 | -€21,967 | -€47,669 | |
| Operating profit (loss) | 9901 | €23,274 | -€24,408 | -€47,681 | |
| Financial income | 75/76B | - | €66 | +€66 | |
| Recurring financial income | 75 | - | €66 | +€66 | |
| Financial charges | 65/66B | €472 | €3,522 | +€3,050 | +646% |
| Recurring financial charges | 65 | €472 | €3,522 | +€3,050 | +646% |
| Profit (loss) for the period before taxes | 9903 | €22,802 | -€27,864 | -€50,665 | |
| Income taxes | 67/77 | €7,606 | €113 | -€7,493 | -98.5% |
| Profit (loss) for the period | 9904 | €15,195 | -€27,977 | -€43,172 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,195 | -€27,977 | -€43,172 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.