STURGEON CONSULTING: what changed
STURGEON CONSULTING
Largest movements
- Receivables within one year -€96,725
down €96,725 (-94.4%), from €102,500 to €5,775
of which Trade receivables: -€98,628
- Current investments +€75,103
up €75,103 (+25.9%), from €290,509 to €365,611
- Tangible fixed assets -€15,417
down €15,417 (-3.3%), from €469,345 to €453,927
of which Land and buildings: -€15,305
- Cash +€8,780
up €8,780 (+79.2%), from €11,086 to €19,867
mainly Receivables within one year (+€96,725) and Depreciation (+€18,962)
- Tax, wage and social debts -€31,977
down €31,977 (-65.3%), from €48,946 to €16,969
of which Taxes: -€31,436
- Reserves +€18,951
up €18,951 (+2.4%), from €794,715 to €813,666
- Other debts -€9,206
down €9,206 (-96.0%), from €9,592 to €386
- Gross operating margin -€257,982
down €257,982 (-86.1%), from €299,522 to €41,540
- Taxes -€77,165
down €77,165 (-90.5%), from €85,283 to €8,118
- Other operating charges -€3,020
down €3,020 (-81.3%), from €3,715 to €695
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €874,467 | €847,104 | -€27,363 | -3.1% |
| Fixed assets | 21/28 | €469,345 | €453,927 | -€15,417 | -3.3% |
| Tangible fixed assets | 22/27 | €469,345 | €453,927 | -€15,417 | -3.3% |
| Land and buildings | 22 | €469,233 | €453,927 | -€15,305 | -3.3% |
| Furniture and vehicles | 24 | €112 | - | -€112 | |
| Current assets | 29/58 | €405,123 | €393,176 | -€11,946 | -2.9% |
| Amounts receivable within one year | 40/41 | €102,500 | €5,775 | -€96,725 | -94.4% |
| Trade receivables | 40 | €102,160 | €3,532 | -€98,628 | -96.5% |
| Other amounts receivable | 41 | €340 | €2,243 | +€1,903 | +561% |
| Current investments | 50/53 | €290,509 | €365,611 | +€75,103 | +25.9% |
| Cash at bank and in hand | 54/58 | €11,086 | €19,867 | +€8,780 | +79.2% |
| Deferred charges and accrued income | 490/1 | €1,028 | €1,924 | +€896 | +87.1% |
| Total equity and liabilities | 10/49 | €874,467 | €847,104 | -€27,363 | -3.1% |
| Equity | 10/15 | €809,001 | €827,952 | +€18,951 | +2.3% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €794,715 | €813,666 | +€18,951 | +2.4% |
| Distributable reserves | 133 | €794,715 | €813,666 | +€18,951 | +2.4% |
| Profit (loss) carried forward | 14 | €26 | €26 | = | 0.0% |
| Amounts payable | 17/49 | €65,466 | €19,152 | -€46,315 | -70.7% |
| Amounts payable within one year | 42/48 | €65,466 | €19,152 | -€46,315 | -70.7% |
| Trade debts | 44 | €6,929 | €1,796 | -€5,132 | -74.1% |
| Suppliers | 440/4 | €6,929 | €1,796 | -€5,132 | -74.1% |
| Taxes, remuneration and social security | 45 | €48,946 | €16,969 | -€31,977 | -65.3% |
| Taxes | 450/3 | €48,405 | €16,969 | -€31,436 | -64.9% |
| Remuneration and social security | 454/9 | €541 | - | -€541 | |
| Other amounts payable | 47/48 | €9,592 | €386 | -€9,206 | -96.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,693 | €18,962 | -€731 | -3.7% |
| Other operating charges | 640/8 | €3,715 | €695 | -€3,020 | -81.3% |
| Gross operating margin | 9900 | €299,522 | €41,540 | -€257,982 | -86.1% |
| Operating profit (loss) | 9901 | €276,114 | €21,883 | -€254,231 | -92.1% |
| Financial income | 75/76B | €2,860 | €5,442 | +€2,582 | +90.3% |
| Recurring financial income | 75 | €2,860 | €5,442 | +€2,582 | +90.3% |
| Financial charges | 65/66B | €326 | €256 | -€70 | -21.4% |
| Recurring financial charges | 65 | €326 | €256 | -€70 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | €278,648 | €27,069 | -€251,579 | -90.3% |
| Income taxes | 67/77 | €85,283 | €8,118 | -€77,165 | -90.5% |
| Profit (loss) for the period | 9904 | €193,365 | €18,951 | -€174,414 | -90.2% |
| Profit (loss) for the period to be appropriated | 9905 | €193,365 | €18,951 | -€174,414 | -90.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.