Stuyvaert Consultancy: 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.
Stuyvaert Consultancy
Largest movements
- Cash +€5,180
up €5,180 (+51.4%), from €10,080 to €15,260
mainly Net result for the year (+€9,022) and Receivables within one year (+€2,677)
- Receivables within one year -€2,677
down €2,677 (-40.0%), from €6,696 to €4,019
of which Other amounts receivable: -€2,270
- Tangible fixed assets -€282
down €282 (-8.6%), from €3,277 to €2,995
- Reserves +€3,272
up €3,272 (+28.2%), from €11,598 to €14,870
- Tax, wage and social debts -€2,388
down €2,388 (-39.4%), from €6,063 to €3,675
of which Taxes: -€2,388
- Trade debts +€1,526
up €1,526 (+116%), from €1,317 to €2,843
- Other debts +€1,484
up €1,484, from €0 to €1,484
- Advances received -€1,470
down €1,470 (-100%), from €1,470 to €0
- Gross operating margin +€4,867
up €4,867 (+50.5%), from €9,643 to €14,510
- Other operating charges +€539
up €539 (+88.5%), from €609 to €1,147
- Taxes +€158
up €158 (+6.8%), from €2,321 to €2,478
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 | €21,948 | €24,372 | +€2,423 | +11.0% |
| Fixed assets | 21/28 | €3,277 | €2,995 | -€282 | -8.6% |
| Tangible fixed assets | 22/27 | €3,277 | €2,995 | -€282 | -8.6% |
| Plant, machinery and equipment | 23 | €3,277 | €2,995 | -€282 | -8.6% |
| Current assets | 29/58 | €18,671 | €21,376 | +€2,705 | +14.5% |
| Amounts receivable within one year | 40/41 | €6,696 | €4,019 | -€2,677 | -40.0% |
| Trade receivables | 40 | €4,426 | €4,019 | -€407 | -9.2% |
| Other amounts receivable | 41 | €2,270 | €0 | -€2,270 | -100% |
| Cash at bank and in hand | 54/58 | €10,080 | €15,260 | +€5,180 | +51.4% |
| Deferred charges and accrued income | 490/1 | €1,895 | €2,098 | +€203 | +10.7% |
| Total equity and liabilities | 10/49 | €21,948 | €24,372 | +€2,423 | +11.0% |
| Equity | 10/15 | €13,098 | €16,370 | +€3,272 | +25.0% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €11,598 | €14,870 | +€3,272 | +28.2% |
| Distributable reserves | 133 | €11,598 | €14,870 | +€3,272 | +28.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €8,850 | €8,002 | -€848 | -9.6% |
| Amounts payable within one year | 42/48 | €8,850 | €8,002 | -€848 | -9.6% |
| Trade debts | 44 | €1,317 | €2,843 | +€1,526 | +116% |
| Suppliers | 440/4 | €1,317 | €2,843 | +€1,526 | +116% |
| Advances received on contracts in progress | 46 | €1,470 | €0 | -€1,470 | -100% |
| Taxes, remuneration and social security | 45 | €6,063 | €3,675 | -€2,388 | -39.4% |
| Taxes | 450/3 | €6,063 | €3,675 | -€2,388 | -39.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | €1,484 | +€1,484 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,761 | €1,781 | +€20 | +1.2% |
| Other operating charges | 640/8 | €609 | €1,147 | +€539 | +88.5% |
| Gross operating margin | 9900 | €9,643 | €14,510 | +€4,867 | +50.5% |
| Operating profit (loss) | 9901 | €7,273 | €11,582 | +€4,308 | +59.2% |
| Financial income | 75/76B | €14 | €0 | -€14 | -100% |
| Recurring financial income | 75 | €14 | €0 | -€14 | -100% |
| Financial charges | 65/66B | €84 | €81 | -€3 | -3.6% |
| Recurring financial charges | 65 | €84 | €81 | -€3 | -3.6% |
| Profit (loss) for the period before taxes | 9903 | €7,203 | €11,500 | +€4,297 | +59.7% |
| Income taxes | 67/77 | €2,321 | €2,478 | +€158 | +6.8% |
| Profit (loss) for the period | 9904 | €4,882 | €9,022 | +€4,140 | +84.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,882 | €9,022 | +€4,140 | +84.8% |
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 20 October 2026 via checked.be.