SO WHAT 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.
SO WHAT CONSULTING
Largest movements
- Receivables within one year -€17,400
down €17,400 (-49.9%), from €34,840 to €17,440
- Cash +€3,964
up €3,964 (+218%), from €1,819 to €5,783
mainly Receivables within one year (+€17,400) and Trade debts (+€1,551)
- Reserves -€15,860
down €15,860 (-65.2%), from €24,333 to €8,473
- Trade debts +€1,551
up €1,551 (+929%), from €167 to €1,718
- Other debts +€958
up €958 (+18.1%), from €5,287 to €6,245
- Gross operating margin -€3,767
down €3,767, from €1,845 to -€1,921
- Taxes +€28
no longer reported in 2025 (was -€28)
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 | €36,659 | €23,223 | -€13,436 | -36.7% |
| Current assets | 29/58 | €36,659 | €23,223 | -€13,436 | -36.7% |
| Amounts receivable within one year | 40/41 | €34,840 | €17,440 | -€17,400 | -49.9% |
| Trade receivables | 40 | €34,840 | €17,440 | -€17,400 | -49.9% |
| Cash at bank and in hand | 54/58 | €1,819 | €5,783 | +€3,964 | +218% |
| Total equity and liabilities | 10/49 | €36,659 | €23,223 | -€13,436 | -36.7% |
| Equity | 10/15 | €31,020 | €15,075 | -€15,945 | -51.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €24,333 | €8,473 | -€15,860 | -65.2% |
| Distributable reserves | 133 | €24,333 | €8,473 | -€15,860 | -65.2% |
| Profit (loss) carried forward | 14 | €487 | €402 | -€85 | -17.5% |
| Amounts payable | 17/49 | €5,639 | €8,148 | +€2,509 | +44.5% |
| Amounts payable within one year | 42/48 | €5,639 | €8,148 | +€2,509 | +44.5% |
| Trade debts | 44 | €167 | €1,718 | +€1,551 | +929% |
| Suppliers | 440/4 | €167 | €1,718 | +€1,551 | +929% |
| Taxes, remuneration and social security | 45 | €185 | €185 | = | 0.0% |
| Taxes | 450/3 | €185 | €185 | = | 0.0% |
| Other amounts payable | 47/48 | €5,287 | €6,245 | +€958 | +18.1% |
| Gross operating margin | 9900 | €1,845 | -€1,921 | -€3,767 | |
| Operating profit (loss) | 9901 | €1,845 | -€1,921 | -€3,767 | |
| Financial charges | 65/66B | €24 | €24 | -€0 | -1.6% |
| Recurring financial charges | 65 | €24 | €24 | -€0 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | €1,821 | -€1,945 | -€3,766 | |
| Income taxes | 67/77 | -€28 | - | +€28 | |
| Profit (loss) for the period | 9904 | €1,849 | -€1,945 | -€3,794 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,849 | -€1,945 | -€3,794 |
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.