The Consultants: 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.
The Consultants
Largest movements
- Cash +€141,107
up €141,107 (+777%), from €18,153 to €159,260
mainly Net result for the year (+€153,027) and Tax, wage and social debts (+€83,735)
- Receivables within one year +€65,617
up €65,617 (+185%), from €35,439 to €101,055
of which Trade receivables: +€65,855
- Tangible fixed assets +€39,599
up €39,599 (+17.6%), from €225,515 to €265,114
of which Land and buildings: +€36,708
- Receivables after one year -€8,431
down €8,431 (-4.0%), from €211,272 to €202,841
- Profit (loss) carried forward +€153,027
new in 2025: €153,027
- Tax, wage and social debts +€83,735
up €83,735 (+260%), from €32,259 to €115,994
of which Taxes: +€82,344
- Trade debts +€16,786
up €16,786 (+168%), from €10,020 to €26,806
- Debts after one year -€16,177
down €16,177 (-13.2%), from €122,130 to €105,953
- Gross operating margin +€254,535
up €254,535 (+7,160%), from €3,555 to €258,089
- Taxes +€34,652
up €34,652, from -€834 to €33,818
- Staff costs -€21,974
down €21,974 (-33.8%), from €64,966 to €42,992
- Depreciation +€5,389
up €5,389 (+53.6%), from €10,049 to €15,438
- Financial charges +€3,001
up €3,001 (+39.1%), from €7,672 to €10,673
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 | €493,506 | €732,250 | +€238,743 | +48.4% |
| Fixed assets | 21/28 | €228,565 | €265,114 | +€36,549 | +16.0% |
| Tangible fixed assets | 22/27 | €225,515 | €265,114 | +€39,599 | +17.6% |
| Land and buildings | 22 | €183,227 | €219,935 | +€36,708 | +20.0% |
| Plant, machinery and equipment | 23 | €236 | €12,061 | +€11,825 | +5,004% |
| Furniture and vehicles | 24 | €42,052 | €33,118 | -€8,934 | -21.2% |
| Financial fixed assets | 28 | €3,050 | €0 | -€3,050 | -100% |
| Current assets | 29/58 | €264,941 | €467,136 | +€202,195 | +76.3% |
| Amounts receivable after more than one year | 29 | €211,272 | €202,841 | -€8,431 | -4.0% |
| Other amounts receivable | 291 | €211,272 | €202,841 | -€8,431 | -4.0% |
| Amounts receivable within one year | 40/41 | €35,439 | €101,055 | +€65,617 | +185% |
| Trade receivables | 40 | €35,201 | €101,055 | +€65,855 | +187% |
| Other amounts receivable | 41 | €238 | €0 | -€238 | -100% |
| Cash at bank and in hand | 54/58 | €18,153 | €159,260 | +€141,107 | +777% |
| Deferred charges and accrued income | 490/1 | €78 | €3,979 | +€3,901 | +4,997% |
| Total equity and liabilities | 10/49 | €493,506 | €732,250 | +€238,743 | +48.4% |
| Equity | 10/15 | €313,762 | €466,789 | +€153,027 | +48.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €295,162 | €295,162 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €293,302 | €293,302 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €153,027 | +€153,027 | |
| Amounts payable | 17/49 | €179,744 | €265,460 | +€85,716 | +47.7% |
| Amounts payable after more than one year | 17 | €122,130 | €105,953 | -€16,177 | -13.2% |
| Financial debts | 170/4 | €122,130 | €105,953 | -€16,177 | -13.2% |
| Amounts payable within one year | 42/48 | €57,614 | €159,482 | +€101,868 | +177% |
| Current portion of amounts payable after more than one year | 42 | €15,335 | €16,682 | +€1,347 | +8.8% |
| Trade debts | 44 | €10,020 | €26,806 | +€16,786 | +168% |
| Suppliers | 440/4 | €10,020 | €26,806 | +€16,786 | +168% |
| Taxes, remuneration and social security | 45 | €32,259 | €115,994 | +€83,735 | +260% |
| Taxes | 450/3 | €18,034 | €100,378 | +€82,344 | +457% |
| Remuneration and social security | 454/9 | €14,225 | €15,616 | +€1,391 | +9.8% |
| Accrued charges and deferred income | 492/3 | - | €25 | +€25 | |
| Remuneration, social security and pensions | 62 | €64,966 | €42,992 | -€21,974 | -33.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,049 | €15,438 | +€5,389 | +53.6% |
| Other operating charges | 640/8 | €3,721 | €4,869 | +€1,149 | +30.9% |
| Gross operating margin | 9900 | €3,555 | €258,089 | +€254,535 | +7,160% |
| Operating profit (loss) | 9901 | -€75,181 | €194,790 | +€269,972 | |
| Financial income | 75/76B | €3,109 | €2,727 | -€381 | -12.3% |
| Recurring financial income | 75 | €3,109 | €2,727 | -€381 | -12.3% |
| Financial charges | 65/66B | €7,672 | €10,673 | +€3,001 | +39.1% |
| Recurring financial charges | 65 | €7,672 | €10,673 | +€3,001 | +39.1% |
| Profit (loss) for the period before taxes | 9903 | -€79,744 | €186,845 | +€266,589 | |
| Income taxes | 67/77 | -€834 | €33,818 | +€34,652 | |
| Profit (loss) for the period | 9904 | -€78,911 | €153,027 | +€231,938 | |
| Profit (loss) for the period to be appropriated | 9905 | -€78,911 | €153,027 | +€231,938 |
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 24 October 2026 via checked.be.