SQL 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.
SQL CONSULTING
Largest movements
- Tangible fixed assets +€69,686
up €69,686 (+5,152%), from €1,353 to €71,038
of which Furniture and vehicles: +€69,064
- Cash -€44,533
down €44,533 (-9.1%), from €489,763 to €445,230
mainly Investment in fixed assets (net) (-€83,433) and Contributions, distributions and other (-€34,859)
- Receivables within one year +€17,188
up €17,188 (+86.4%), from €19,888 to €37,076
of which Trade receivables: +€15,953
- Reserves +€38,000
up €38,000 (+10.3%), from €367,360 to €405,360
of which Distributable reserves: +€38,000
- Financial income +€18,588
up €18,588 (+1,078%), from €1,724 to €20,312
of which Non-recurring financial income: +€18,000
- Depreciation +€12,915
up €12,915 (+1,552%), from €832 to €13,747
- Gross operating margin -€3,480
down €3,480 (-3.4%), from €102,518 to €99,038
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 | €513,096 | €556,501 | +€43,405 | +8.5% |
| Fixed assets | 21/28 | €1,390 | €71,076 | +€69,686 | +5,013% |
| Tangible fixed assets | 22/27 | €1,353 | €71,038 | +€69,686 | +5,152% |
| Furniture and vehicles | 24 | €1,353 | €70,416 | +€69,064 | +5,106% |
| Other tangible fixed assets | 26 | - | €622 | +€622 | |
| Financial fixed assets | 28 | €38 | €38 | = | 0.0% |
| Current assets | 29/58 | €511,706 | €485,425 | -€26,281 | -5.1% |
| Amounts receivable within one year | 40/41 | €19,888 | €37,076 | +€17,188 | +86.4% |
| Trade receivables | 40 | €15,000 | €30,953 | +€15,953 | +106% |
| Other amounts receivable | 41 | €4,888 | €6,123 | +€1,235 | +25.3% |
| Cash at bank and in hand | 54/58 | €489,763 | €445,230 | -€44,533 | -9.1% |
| Deferred charges and accrued income | 490/1 | €2,055 | €3,119 | +€1,064 | +51.8% |
| Total equity and liabilities | 10/49 | €513,096 | €556,501 | +€43,405 | +8.5% |
| Equity | 10/15 | €414,400 | €454,458 | +€40,058 | +9.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €367,360 | €405,360 | +€38,000 | +10.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €365,500 | €403,500 | +€38,000 | +10.4% |
| Profit (loss) carried forward | 14 | €40,840 | €42,898 | +€2,058 | +5.0% |
| Amounts payable | 17/49 | €98,696 | €102,043 | +€3,347 | +3.4% |
| Amounts payable within one year | 42/48 | €98,696 | €102,043 | +€3,347 | +3.4% |
| Trade debts | 44 | €84 | €946 | +€862 | +1,025% |
| Suppliers | 440/4 | €84 | €946 | +€862 | +1,025% |
| Taxes, remuneration and social security | 45 | €8,128 | €10,333 | +€2,205 | +27.1% |
| Taxes | 450/3 | €8,128 | €10,333 | +€2,205 | +27.1% |
| Other amounts payable | 47/48 | €90,484 | €90,764 | +€280 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €832 | €13,747 | +€12,915 | +1,552% |
| Other operating charges | 640/8 | €1,355 | €1,630 | +€275 | +20.3% |
| Gross operating margin | 9900 | €102,518 | €99,038 | -€3,480 | -3.4% |
| Operating profit (loss) | 9901 | €100,331 | €83,661 | -€16,670 | -16.6% |
| Financial income | 75/76B | €1,724 | €20,312 | +€18,588 | +1,078% |
| Recurring financial income | 75 | €1,724 | €2,312 | +€588 | +34.1% |
| Non-recurring financial income | 76B | - | €18,000 | +€18,000 | |
| Financial charges | 65/66B | €219 | €203 | -€17 | -7.6% |
| Recurring financial charges | 65 | €219 | €203 | -€17 | -7.6% |
| Profit (loss) for the period before taxes | 9903 | €101,836 | €103,770 | +€1,934 | +1.9% |
| Income taxes | 67/77 | €29,847 | €28,854 | -€994 | -3.3% |
| Profit (loss) for the period | 9904 | €71,989 | €74,917 | +€2,928 | +4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €71,989 | €74,917 | +€2,928 | +4.1% |
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 14 October 2026 via checked.be.