Supply Chain Applications 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.
Supply Chain Applications Consulting
Largest movements
- Cash +€97,286
up €97,286 (+102%), from €95,639 to €192,924
mainly Current investments (+€64,656) and Net result for the year (+€55,418)
- Current investments -€64,656
down €64,656 (-39.6%), from €163,073 to €98,417
- Receivables within one year +€7,141
up €7,141 (+70.1%), from €10,191 to €17,333
of which Trade receivables: +€6,292
- Tangible fixed assets -€6,887
down €6,887 (-89.8%), from €7,670 to €783
of which Furniture and vehicles: -€6,937
- Other debts +€51,305
up €51,305 (+141%), from €36,398 to €87,702
- Reserves -€28,600
down €28,600 (-12.5%), from €228,289 to €199,689
- Tax, wage and social debts +€6,608
up €6,608 (+66.6%), from €9,925 to €16,534
- Gross operating margin -€13,350
down €13,350 (-15.1%), from €88,211 to €74,861
- Financial income +€8,749
up €8,749 (+163%), from €5,377 to €14,127
- Financial charges -€2,034
down €2,034 (-54.9%), from €3,702 to €1,669
- Depreciation -€1,698
down €1,698 (-18.3%), from €9,272 to €7,575
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 | €285,020 | €315,840 | +€30,819 | +10.8% |
| Fixed assets | 21/28 | €7,760 | €873 | -€6,887 | -88.7% |
| Tangible fixed assets | 22/27 | €7,670 | €783 | -€6,887 | -89.8% |
| Plant, machinery and equipment | 23 | €733 | €783 | +€50 | +6.8% |
| Furniture and vehicles | 24 | €6,937 | €0 | -€6,937 | -100% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €277,260 | €314,967 | +€37,706 | +13.6% |
| Amounts receivable within one year | 40/41 | €10,191 | €17,333 | +€7,141 | +70.1% |
| Trade receivables | 40 | €9,914 | €16,206 | +€6,292 | +63.5% |
| Other amounts receivable | 41 | €278 | €1,127 | +€849 | +306% |
| Current investments | 50/53 | €163,073 | €98,417 | -€64,656 | -39.6% |
| Cash at bank and in hand | 54/58 | €95,639 | €192,924 | +€97,286 | +102% |
| Deferred charges and accrued income | 490/1 | €8,358 | €6,293 | -€2,064 | -24.7% |
| Total equity and liabilities | 10/49 | €285,020 | €315,840 | +€30,819 | +10.8% |
| Equity | 10/15 | €238,470 | €209,870 | -€28,600 | -12.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €228,289 | €199,689 | -€28,600 | -12.5% |
| Distributable reserves | 133 | €228,289 | €199,689 | -€28,600 | -12.5% |
| Profit (loss) carried forward | 14 | €3,982 | €3,982 | = | 0.0% |
| Amounts payable | 17/49 | €46,550 | €105,969 | +€59,419 | +128% |
| Amounts payable within one year | 42/48 | €46,550 | €105,969 | +€59,419 | +128% |
| Trade debts | 44 | €227 | €1,733 | +€1,506 | +663% |
| Suppliers | 440/4 | €227 | €1,733 | +€1,506 | +663% |
| Taxes, remuneration and social security | 45 | €9,925 | €16,534 | +€6,608 | +66.6% |
| Taxes | 450/3 | €9,925 | €16,534 | +€6,608 | +66.6% |
| Other amounts payable | 47/48 | €36,398 | €87,702 | +€51,305 | +141% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,272 | €7,575 | -€1,698 | -18.3% |
| Other operating charges | 640/8 | €671 | €1,282 | +€612 | +91.1% |
| Gross operating margin | 9900 | €88,211 | €74,861 | -€13,350 | -15.1% |
| Operating profit (loss) | 9901 | €78,268 | €66,004 | -€12,264 | -15.7% |
| Financial income | 75/76B | €5,377 | €14,127 | +€8,749 | +163% |
| Recurring financial income | 75 | €5,377 | €14,127 | +€8,749 | +163% |
| Financial charges | 65/66B | €3,702 | €1,669 | -€2,034 | -54.9% |
| Recurring financial charges | 65 | €3,702 | €1,669 | -€2,034 | -54.9% |
| Profit (loss) for the period before taxes | 9903 | €79,943 | €78,462 | -€1,481 | -1.9% |
| Income taxes | 67/77 | €23,034 | €23,043 | +€10 | 0.0% |
| Profit (loss) for the period | 9904 | €56,909 | €55,418 | -€1,491 | -2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €56,909 | €55,418 | -€1,491 | -2.6% |
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 27 October 2026 via checked.be.