TECHNICAL CONSULTING CONCEPT: 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.
TECHNICAL CONSULTING CONCEPT
Largest movements
- Cash +€492,484
up €492,484 (+924.4%), from €53,278 to €545,762
mainly Net result for the year (+€546,575) and Investment in fixed assets (net) (+€268,917)
- Tangible fixed assets -€254,560
down €254,560 (-98.4%), from €258,604 to €4,044
of which Land and buildings: -€246,667
- Receivables within one year -€45,193
down €45,193 (-58.0%), from €77,912 to €32,719
of which Other amounts receivable: -€57,693
- Financial fixed assets -€22,250
down €22,250 (-35.6%), from €62,450 to €40,200
- Reserves +€421,575
up €421,575 (+394.0%), from €106,994 to €528,569
- Debts after one year -€198,600
no longer reported in 2025 (was €198,600)
- Other debts -€94,692
no longer reported in 2025 (was €94,692)
- Tax, wage and social debts +€39,843
up €39,843 (+217.5%), from €18,316 to €58,159
of which Taxes: +€37,570
- Current portion of long-term debt -€14,493
no longer reported in 2025 (was €14,493)
- Financial income +€434,618
up €434,618 (+8492.8%), from €5,117 to €439,735
of which Non-recurring financial income: +€433,958
- Gross operating margin +€69,826
up €69,826 (+47.4%), from €147,305 to €217,131
- Taxes +€54,411
up €54,411 (+162.9%), from €33,400 to €87,811
- Depreciation -€4,907
down €4,907 (-38.3%), from €12,800 to €7,893
- Financial charges +€3,870
up €3,870 (+59.3%), from €6,523 to €10,393
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.
Cash bridge derived
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 | €453,732 | €623,004 | +€169,272 | +37.3% |
| Fixed assets | 21/28 | €321,054 | €44,244 | -€276,810 | -86.2% |
| Tangible fixed assets | 22/27 | €258,604 | €4,044 | -€254,560 | -98.4% |
| Land and buildings | 22 | €246,667 | - | -€246,667 | |
| Furniture and vehicles | 24 | €11,937 | €4,044 | -€7,893 | -66.1% |
| Financial fixed assets | 28 | €62,450 | €40,200 | -€22,250 | -35.6% |
| Current assets | 29/58 | €132,678 | €578,760 | +€446,082 | +336.2% |
| Amounts receivable within one year | 40/41 | €77,912 | €32,719 | -€45,193 | -58.0% |
| Trade receivables | 40 | €17,189 | €29,689 | +€12,500 | +72.7% |
| Other amounts receivable | 41 | €60,723 | €3,030 | -€57,693 | -95.0% |
| Cash at bank and in hand | 54/58 | €53,278 | €545,762 | +€492,484 | +924.4% |
| Deferred charges and accrued income | 490/1 | €1,488 | €279 | -€1,209 | -81.2% |
| Total equity and liabilities | 10/49 | €453,732 | €623,004 | +€169,272 | +37.3% |
| Equity | 10/15 | €125,594 | €547,169 | +€421,575 | +335.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €106,994 | €528,569 | +€421,575 | +394.0% |
| Distributable reserves | 133 | €106,994 | €528,569 | +€421,575 | +394.0% |
| Amounts payable | 17/49 | €328,138 | €75,835 | -€252,303 | -76.9% |
| Amounts payable after more than one year | 17 | €198,600 | - | -€198,600 | |
| Financial debts | 170/4 | €198,600 | - | -€198,600 | |
| Amounts payable within one year | 42/48 | €129,538 | €75,835 | -€53,703 | -41.5% |
| Current portion of amounts payable after more than one year | 42 | €14,493 | - | -€14,493 | |
| Financial debts | 43 | €2,037 | €6,069 | +€4,032 | +198.0% |
| Credit institutions | 430/8 | €2,037 | €6,069 | +€4,032 | +198.0% |
| Trade debts | 44 | - | €11,607 | +€11,607 | |
| Suppliers | 440/4 | €0 | €9,174 | +€9,174 | |
| Bills of exchange payable | 441 | - | €2,433 | +€2,433 | |
| Taxes, remuneration and social security | 45 | €18,316 | €58,159 | +€39,843 | +217.5% |
| Taxes | 450/3 | €18,316 | €55,886 | +€37,570 | +205.1% |
| Remuneration and social security | 454/9 | - | €2,273 | +€2,273 | |
| Other amounts payable | 47/48 | €94,692 | - | -€94,692 | |
| Non-recurring operating income | 76A | - | €93,333 | +€93,333 | |
| Remuneration, social security and pensions | 62 | €1,520 | €1,520 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,800 | €7,893 | -€4,907 | -38.3% |
| Other operating charges | 640/8 | €2,969 | €2,675 | -€294 | -9.9% |
| Gross operating margin | 9900 | €147,305 | €217,131 | +€69,826 | +47.4% |
| Operating profit (loss) | 9901 | €130,016 | €205,043 | +€75,028 | +57.7% |
| Financial income | 75/76B | €5,117 | €439,735 | +€434,618 | +8492.8% |
| Recurring financial income | 75 | €5,117 | €5,778 | +€660 | +12.9% |
| Non-recurring financial income | 76B | - | €433,958 | +€433,958 | |
| Financial charges | 65/66B | €6,523 | €10,393 | +€3,870 | +59.3% |
| Recurring financial charges | 65 | €6,523 | €10,393 | +€3,870 | +59.3% |
| Profit (loss) for the period before taxes | 9903 | €128,610 | €634,385 | +€505,775 | +393.3% |
| Income taxes | 67/77 | €33,400 | €87,811 | +€54,411 | +162.9% |
| Profit (loss) for the period | 9904 | €95,211 | €546,575 | +€451,364 | +474.1% |
| Profit (loss) for the period to be appropriated | 9905 | €95,211 | €546,575 | +€451,364 | +474.1% |
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 9 October 2026 via checked.be.