STRESSLESS 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.
STRESSLESS CONSULTING
Largest movements
- Tangible fixed assets -€25,680
down €25,680 (-16.5%), from €155,553 to €129,872
of which Land and buildings: -€20,213
- Cash -€16,273
down €16,273 (-67.9%), from €23,977 to €7,705
mainly Tax, wage and social debts (-€64,611) and Debts after one year (-€12,630)
- Tax, wage and social debts -€64,611
down €64,611 (-76.5%), from €84,409 to €19,798
of which Taxes: -€61,786
- Reserves +€45,997
up €45,997 (+14.7%), from €312,796 to €358,794
of which Distributable reserves: +€45,997
- Debts after one year -€12,630
down €12,630 (-19.3%), from €65,452 to €52,822
- Trade debts -€7,961
down €7,961 (-50.3%), from €15,817 to €7,856
- Gross operating margin +€27,347
up €27,347 (+48.4%), from €56,524 to €83,871
- Financial income -€15,625
down €15,625 (-58.4%), from €26,778 to €11,153
- Taxes -€6,088
down €6,088 (-38.7%), from €15,746 to €9,658
- Financial charges -€1,167
down €1,167 (-14.1%), from €8,278 to €7,111
- Other operating charges +€850
up €850 (+160%), from €532 to €1,382
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 | €656,852 | €618,558 | -€38,294 | -5.8% |
| Fixed assets | 21/28 | €156,053 | €130,372 | -€25,680 | -16.5% |
| Tangible fixed assets | 22/27 | €155,553 | €129,872 | -€25,680 | -16.5% |
| Land and buildings | 22 | €140,972 | €120,760 | -€20,213 | -14.3% |
| Furniture and vehicles | 24 | €14,580 | €9,113 | -€5,468 | -37.5% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €500,799 | €488,186 | -€12,613 | -2.5% |
| Amounts receivable within one year | 40/41 | €474,768 | €478,445 | +€3,676 | +0.8% |
| Trade receivables | 40 | €13,870 | €0 | -€13,870 | -100% |
| Other amounts receivable | 41 | €460,898 | €478,445 | +€17,546 | +3.8% |
| Current investments | 50/53 | €2,036 | €2,036 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €23,977 | €7,705 | -€16,273 | -67.9% |
| Deferred charges and accrued income | 490/1 | €17 | €0 | -€17 | -100% |
| Total equity and liabilities | 10/49 | €656,852 | €618,558 | -€38,294 | -5.8% |
| Equity | 10/15 | €450,059 | €496,056 | +€45,997 | +10.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €312,796 | €358,794 | +€45,997 | +14.7% |
| 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 | €310,936 | €356,934 | +€45,997 | +14.8% |
| Profit (loss) carried forward | 14 | €131,063 | €131,063 | = | 0.0% |
| Amounts payable | 17/49 | €206,793 | €122,502 | -€84,291 | -40.8% |
| Amounts payable after more than one year | 17 | €65,452 | €52,822 | -€12,630 | -19.3% |
| Financial debts | 170/4 | €65,452 | €52,822 | -€12,630 | -19.3% |
| Amounts payable within one year | 42/48 | €141,341 | €69,680 | -€71,661 | -50.7% |
| Current portion of amounts payable after more than one year | 42 | €13,719 | €12,630 | -€1,090 | -7.9% |
| Financial debts | 43 | €14,000 | €16,000 | +€2,000 | +14.3% |
| Credit institutions | 430/8 | €14,000 | €16,000 | +€2,000 | +14.3% |
| Trade debts | 44 | €15,817 | €7,856 | -€7,961 | -50.3% |
| Suppliers | 440/4 | €15,817 | €7,856 | -€7,961 | -50.3% |
| Taxes, remuneration and social security | 45 | €84,409 | €19,798 | -€64,611 | -76.5% |
| Taxes | 450/3 | €81,584 | €19,798 | -€61,786 | -75.7% |
| Remuneration and social security | 454/9 | €2,825 | €0 | -€2,825 | -100% |
| Other amounts payable | 47/48 | €13,396 | €13,396 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €3,306 | €40,264 | +€36,958 | +1,118% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,179 | €30,874 | +€696 | +2.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€326 | €0 | +€326 | |
| Other operating charges | 640/8 | €532 | €1,382 | +€850 | +160% |
| Gross operating margin | 9900 | €56,524 | €83,871 | +€27,347 | +48.4% |
| Operating profit (loss) | 9901 | €26,139 | €51,614 | +€25,476 | +97.5% |
| Financial income | 75/76B | €26,778 | €11,153 | -€15,625 | -58.4% |
| Recurring financial income | 75 | €26,778 | €11,153 | -€15,625 | -58.4% |
| Financial charges | 65/66B | €8,278 | €7,111 | -€1,167 | -14.1% |
| Recurring financial charges | 65 | €8,278 | €7,111 | -€1,167 | -14.1% |
| Profit (loss) for the period before taxes | 9903 | €44,638 | €55,656 | +€11,018 | +24.7% |
| Income taxes | 67/77 | €15,746 | €9,658 | -€6,088 | -38.7% |
| Profit (loss) for the period | 9904 | €28,892 | €45,997 | +€17,106 | +59.2% |
| Profit (loss) for the period to be appropriated | 9905 | €28,892 | €45,997 | +€17,106 | +59.2% |
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 22 October 2026 via checked.be.