T & E 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.
T & E CONSULTANCY
Largest movements
- Cash +€333,833
up €333,833 (+171%), from €195,421 to €529,255
mainly Receivables within one year (+€169,861) and Current investments (+€128,376)
- Receivables within one year -€169,861
down €169,861 (-49.4%), from €343,976 to €174,115
of which Other amounts receivable: -€182,073
- Current investments -€128,376
down €128,376 (-12.9%), from €996,475 to €868,099
- Receivables after one year -€100,000
down €100,000 (-6.3%), from €1.6m to €1.5m
- Reserves +€119,873
up €119,873 (+29.6%), from €404,628 to €524,501
of which Distributable reserves: +€113,879
- Other debts -€96,861
down €96,861 (-46.1%), from €210,111 to €113,250
- Debts after one year -€72,000
down €72,000 (-4.4%), from €1.6m to €1.6m
- Financial income +€172,882
up €172,882 (+706%), from €24,476 to €197,357
- Taxes -€90,634
down €90,634 (-69.4%), from €130,514 to €39,880
- Gross operating margin -€52,591
down €52,591 (-25.6%), from €205,672 to €153,082
- Depreciation -€16,827
down €16,827 (-35.8%), from €46,955 to €30,129
- Other operating charges -€16,415
down €16,415 (-41.0%), from €40,038 to €23,623
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 | €4,862,199 | €4,769,164 | -€93,035 | -1.9% |
| Fixed assets | 21/28 | €1,723,574 | €1,693,446 | -€30,129 | -1.7% |
| Tangible fixed assets | 22/27 | €1,723,574 | €1,693,446 | -€30,129 | -1.7% |
| Land and buildings | 22 | €1,710,920 | €1,688,347 | -€22,572 | -1.3% |
| Furniture and vehicles | 24 | €12,655 | €5,098 | -€7,556 | -59.7% |
| Current assets | 29/58 | €3,138,625 | €3,075,718 | -€62,907 | -2.0% |
| Amounts receivable after more than one year | 29 | €1,600,000 | €1,500,000 | -€100,000 | -6.3% |
| Other amounts receivable | 291 | €1,600,000 | €1,500,000 | -€100,000 | -6.3% |
| Amounts receivable within one year | 40/41 | €343,976 | €174,115 | -€169,861 | -49.4% |
| Trade receivables | 40 | €528 | €12,740 | +€12,212 | +2,314% |
| Other amounts receivable | 41 | €343,448 | €161,375 | -€182,073 | -53.0% |
| Current investments | 50/53 | €996,475 | €868,099 | -€128,376 | -12.9% |
| Cash at bank and in hand | 54/58 | €195,421 | €529,255 | +€333,833 | +171% |
| Deferred charges and accrued income | 490/1 | €2,753 | €4,249 | +€1,497 | +54.4% |
| Total equity and liabilities | 10/49 | €4,862,199 | €4,769,164 | -€93,035 | -1.9% |
| Equity | 10/15 | €2,499,495 | €2,619,368 | +€119,873 | +4.8% |
| Contributions | 10/11 | €2,094,867 | €2,094,867 | = | 0.0% |
| Capital | 10 | €2,094,867 | €2,094,867 | = | 0.0% |
| Issued capital | 100 | €2,094,867 | €2,094,867 | = | 0.0% |
| Reserves | 13 | €404,628 | €524,501 | +€119,873 | +29.6% |
| Non-distributable reserves | 130/1 | €21,992 | €27,986 | +€5,994 | +27.3% |
| Legal reserve | 130 | €21,992 | €27,986 | +€5,994 | +27.3% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €382,636 | €496,515 | +€113,879 | +29.8% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €2,362,704 | €2,149,796 | -€212,908 | -9.0% |
| Amounts payable after more than one year | 17 | €1,647,866 | €1,575,866 | -€72,000 | -4.4% |
| Financial debts | 170/4 | €1,647,866 | €1,575,866 | -€72,000 | -4.4% |
| Amounts payable within one year | 42/48 | €714,837 | €573,930 | -€140,908 | -19.7% |
| Current portion of amounts payable after more than one year | 42 | €87,452 | €72,000 | -€15,452 | -17.7% |
| Financial debts | 43 | €403,832 | €369,673 | -€34,159 | -8.5% |
| Credit institutions | 430/8 | €403,832 | €369,673 | -€34,159 | -8.5% |
| Trade debts | 44 | €6,912 | €724 | -€6,188 | -89.5% |
| Suppliers | 440/4 | €6,912 | €724 | -€6,188 | -89.5% |
| Taxes, remuneration and social security | 45 | €6,529 | €18,282 | +€11,752 | +180% |
| Taxes | 450/3 | €6,529 | €18,282 | +€11,752 | +180% |
| Other amounts payable | 47/48 | €210,111 | €113,250 | -€96,861 | -46.1% |
| Non-recurring operating income | 76A | €44,200 | €0 | -€44,200 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,955 | €30,129 | -€16,827 | -35.8% |
| Other operating charges | 640/8 | €40,038 | €23,623 | -€16,415 | -41.0% |
| Gross operating margin | 9900 | €205,672 | €153,082 | -€52,591 | -25.6% |
| Operating profit (loss) | 9901 | €118,679 | €99,330 | -€19,349 | -16.3% |
| Financial income | 75/76B | €24,476 | €197,357 | +€172,882 | +706% |
| Recurring financial income | 75 | €24,476 | €197,357 | +€172,882 | +706% |
| Financial charges | 65/66B | €122,589 | €136,935 | +€14,346 | +11.7% |
| Recurring financial charges | 65 | €122,589 | €136,935 | +€14,346 | +11.7% |
| Profit (loss) for the period before taxes | 9903 | €20,565 | €159,753 | +€139,187 | +677% |
| Transfer from deferred taxes | 780 | €106,507 | €0 | -€106,507 | -100% |
| Income taxes | 67/77 | €130,514 | €39,880 | -€90,634 | -69.4% |
| Profit (loss) for the period | 9904 | -€3,442 | €119,873 | +€123,315 | |
| Transfer from tax-exempt reserves | 789 | €253,557 | €0 | -€253,557 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €250,115 | €119,873 | -€130,243 | -52.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.