Theracell Consulting: what changed
What changed
Theracell Consulting
NACE 73.300, Public relations and communication consultancy
filed annual accounts (NBB)
Net result for the year
€34,038
2024 · €100,345-€66,306
Equity
€1.0m
2024 · €972,393+€34,038
Cash
€171,087
2024 · €343,896-€172,809
Balance sheet total
€1.3m
2024 · €1.3m-€58,910
Largest movements
Assets
- Receivables within one year +€177,086
up €177,086 (+83.3%), from €212,519 to €389,605
of which Trade receivables: +€120,442
- Cash -€172,809
down €172,809 (-50.3%), from €343,896 to €171,087
mainly Receivables within one year (-€177,086) and Debts after one year (-€79,090)
- Tangible fixed assets -€57,019
down €57,019 (-39.0%), from €146,274 to €89,255
of which Furniture and vehicles: -€53,982
Equity and liabilities
- Debts after one year -€79,090
down €79,090 (-38.9%), from €203,416 to €124,326
- Reserves +€34,038
up €34,038 (+3.6%), from €953,793 to €987,831
- Current portion of long-term debt -€32,681
down €32,681 (-23.6%), from €138,683 to €106,002
Income statement
- Gross operating margin -€69,281
down €69,281 (-24.2%), from €286,681 to €217,400
- Taxes -€30,005
down €30,005 (-67.2%), from €44,677 to €14,672
- Financial charges +€29,562
up €29,562 (+38.7%), from €76,371 to €105,933
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€100,345
Gross operating margin
-€69,281
Depreciation
+€1,676
Other operating charges
+€10
Financial income
+€846
Financial charges
-€29,562
Taxes
+€30,005
Result 2025
€34,038
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€57,121
Investment
-€3,917
Financing
-€111,771
Cash 2024
€343,896
From operations (derived)
-€57,121
Net result for the year
+€34,038
Depreciation
+€61,643
Receivables within one year
-€177,086
Deferred charges and accrued income
+€5,461
Trade debts
+€11,395
Tax, wage and social debts
+€7,893
Accrued charges and deferred income
-€465
Investment (derived)
-€3,917
Investment in fixed assets (net)
-€4,624
Current investments
+€707
Financing
-€111,771
Debts after one year
-€79,090
Current portion of long-term debt
-€32,681
Cash 2025
€171,087
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,320,667 | €1,261,757 | -€58,910 | -4.5% |
| Fixed assets | 21/28 | €521,366 | €464,347 | -€57,019 | -10.9% |
| Tangible fixed assets | 22/27 | €146,274 | €89,255 | -€57,019 | -39.0% |
| Furniture and vehicles | 24 | €130,524 | €76,542 | -€53,982 | -41.4% |
| Other tangible fixed assets | 26 | €15,751 | €12,713 | -€3,038 | -19.3% |
| Financial fixed assets | 28 | €375,092 | €375,092 | = | 0.0% |
| Current assets | 29/58 | €799,301 | €797,410 | -€1,891 | -0.2% |
| Amounts receivable within one year | 40/41 | €212,519 | €389,605 | +€177,086 | +83.3% |
| Trade receivables | 40 | €155,862 | €276,304 | +€120,442 | +77.3% |
| Other amounts receivable | 41 | €56,657 | €113,301 | +€56,644 | +100.0% |
| Current investments | 50/53 | €226,905 | €226,198 | -€707 | -0.3% |
| Cash at bank and in hand | 54/58 | €343,896 | €171,087 | -€172,809 | -50.3% |
| Deferred charges and accrued income | 490/1 | €15,981 | €10,520 | -€5,461 | -34.2% |
| Total equity and liabilities | 10/49 | €1,320,667 | €1,261,757 | -€58,910 | -4.5% |
| Equity | 10/15 | €972,393 | €1,006,431 | +€34,038 | +3.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €953,793 | €987,831 | +€34,038 | +3.6% |
| Distributable reserves | 133 | €953,793 | €987,831 | +€34,038 | +3.6% |
| Amounts payable | 17/49 | €348,274 | €255,326 | -€92,948 | -26.7% |
| Amounts payable after more than one year | 17 | €203,416 | €124,326 | -€79,090 | -38.9% |
| Financial debts | 170/4 | €203,416 | €124,326 | -€79,090 | -38.9% |
| Amounts payable within one year | 42/48 | €144,371 | €130,978 | -€13,393 | -9.3% |
| Current portion of amounts payable after more than one year | 42 | €138,683 | €106,002 | -€32,681 | -23.6% |
| Trade debts | 44 | €275 | €11,670 | +€11,395 | +4,140% |
| Suppliers | 440/4 | €275 | €11,670 | +€11,395 | +4,140% |
| Taxes, remuneration and social security | 45 | €5,413 | €13,306 | +€7,893 | +146% |
| Taxes | 450/3 | €5,413 | €13,306 | +€7,893 | +146% |
| Accrued charges and deferred income | 492/3 | €487 | €22 | -€465 | -95.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,319 | €61,643 | -€1,676 | -2.6% |
| Other operating charges | 640/8 | €2,522 | €2,512 | -€10 | -0.4% |
| Gross operating margin | 9900 | €286,681 | €217,400 | -€69,281 | -24.2% |
| Operating profit (loss) | 9901 | €220,840 | €153,245 | -€67,595 | -30.6% |
| Financial income | 75/76B | €552 | €1,398 | +€846 | +153% |
| Recurring financial income | 75 | €552 | €1,398 | +€846 | +153% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €76,371 | €105,933 | +€29,562 | +38.7% |
| Recurring financial charges | 65 | €76,371 | €105,933 | +€29,562 | +38.7% |
| Profit (loss) for the period before taxes | 9903 | €145,021 | €48,710 | -€96,311 | -66.4% |
| Income taxes | 67/77 | €44,677 | €14,672 | -€30,005 | -67.2% |
| Profit (loss) for the period | 9904 | €100,345 | €34,038 | -€66,306 | -66.1% |
| Profit (loss) for the period to be appropriated | 9905 | €100,345 | €34,038 | -€66,306 | -66.1% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.