Termos 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.
Termos Consulting
Largest movements
- Cash -€186,548
down €186,548 (-89.4%), from €208,781 to €22,232
mainly Other debts (-€178,523) and Contributions, distributions and other (-€68,669)
- Tangible fixed assets +€3,217
up €3,217 (+20.6%), from €15,621 to €18,838
- Receivables within one year +€2,702
up €2,702 (+10.3%), from €26,194 to €28,896
of which Other amounts receivable: +€4,029
- Other debts -€178,523
down €178,523 (-73.2%), from €243,772 to €65,249
- Gross operating margin -€15,364
down €15,364 (-13.9%), from €110,886 to €95,522
- Taxes -€2,906
down €2,906 (-13.3%), from €21,897 to €18,991
- Depreciation +€1,960
up €1,960 (+47.3%), from €4,143 to €6,103
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 | €250,596 | €71,423 | -€179,173 | -71.5% |
| Fixed assets | 21/28 | €15,621 | €18,838 | +€3,217 | +20.6% |
| Tangible fixed assets | 22/27 | €15,621 | €18,838 | +€3,217 | +20.6% |
| Furniture and vehicles | 24 | €15,621 | €18,838 | +€3,217 | +20.6% |
| Current assets | 29/58 | €234,975 | €52,585 | -€182,389 | -77.6% |
| Amounts receivable within one year | 40/41 | €26,194 | €28,896 | +€2,702 | +10.3% |
| Trade receivables | 40 | €25,591 | €24,264 | -€1,327 | -5.2% |
| Other amounts receivable | 41 | €603 | €4,632 | +€4,029 | +668% |
| Cash at bank and in hand | 54/58 | €208,781 | €22,232 | -€186,548 | -89.4% |
| Deferred charges and accrued income | 490/1 | - | €1,457 | +€1,457 | |
| Total equity and liabilities | 10/49 | €250,596 | €71,423 | -€179,173 | -71.5% |
| Equity | 10/15 | €2,500 | €2,500 | = | 0.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €248,096 | €68,923 | -€179,173 | -72.2% |
| Amounts payable within one year | 42/48 | €248,096 | €68,923 | -€179,173 | -72.2% |
| Financial debts | 43 | - | €1,476 | +€1,476 | |
| Credit institutions | 430/8 | - | €1,476 | +€1,476 | |
| Trade debts | 44 | €1,139 | €1,199 | +€59 | +5.2% |
| Suppliers | 440/4 | €1,139 | €1,199 | +€59 | +5.2% |
| Taxes, remuneration and social security | 45 | €3,185 | €1,000 | -€2,184 | -68.6% |
| Taxes | 450/3 | €3,185 | €1,000 | -€2,184 | -68.6% |
| Other amounts payable | 47/48 | €243,772 | €65,249 | -€178,523 | -73.2% |
| Remuneration, social security and pensions | 62 | - | €409 | +€409 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,143 | €6,103 | +€1,960 | +47.3% |
| Other operating charges | 640/8 | €1,068 | €1,105 | +€36 | +3.4% |
| Gross operating margin | 9900 | €110,886 | €95,522 | -€15,364 | -13.9% |
| Operating profit (loss) | 9901 | €105,675 | €87,905 | -€17,770 | -16.8% |
| Financial income | 75/76B | €13 | €0 | -€13 | -100% |
| Recurring financial income | 75 | €13 | €0 | -€13 | -100% |
| Financial charges | 65/66B | €862 | €244 | -€618 | -71.6% |
| Recurring financial charges | 65 | €862 | €244 | -€618 | -71.6% |
| Profit (loss) for the period before taxes | 9903 | €104,825 | €87,660 | -€17,165 | -16.4% |
| Income taxes | 67/77 | €21,897 | €18,991 | -€2,906 | -13.3% |
| Profit (loss) for the period | 9904 | €82,929 | €68,669 | -€14,259 | -17.2% |
| Profit (loss) for the period to be appropriated | 9905 | €82,929 | €68,669 | -€14,259 | -17.2% |
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 13 October 2026 via checked.be.