Twenty Two Consult: 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.
Twenty Two Consult
Largest movements
- Receivables within one year +€124,909
up €124,909 (+63.4%), from €197,144 to €322,053
of which Other amounts receivable: +€147,917
- Cash -€15,065
down €15,065 (-19.7%), from €76,520 to €61,455
mainly Receivables within one year (-€124,909) and Other debts (-€23,655)
- Tangible fixed assets -€7,782
down €7,782 (-20.0%), from €38,837 to €31,055
of which Other tangible fixed assets: -€7,948
- Deferred charges and accrued income +€7,053
up €7,053 (+150%), from €4,712 to €11,766
- Trade debts +€77,144
up €77,144 (+72.5%), from €106,359 to €183,503
- Tax, wage and social debts +€40,521
up €40,521 (+398%), from €10,184 to €50,705
of which Taxes: +€38,615
- Other debts -€23,655
down €23,655 (-94.1%), from €25,141 to €1,485
- Profit (loss) carried forward +€11,522
up €11,522, from -€1,808 to €9,714
- Short-term financial debts +€8,738
new in 2025: €8,738
- Gross operating margin +€42,902
up €42,902 (+117%), from €36,653 to €79,555
- Staff costs +€24,273
up €24,273, from €0 to €24,273
- Write-downs +€16,734
new in 2025: €16,734
- Taxes +€4,073
up €4,073 (+43.6%), from €9,349 to €13,422
- Depreciation +€2,397
up €2,397 (+34.2%), from €7,014 to €9,411
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 | €317,213 | €426,329 | +€109,116 | +34.4% |
| Fixed assets | 21/28 | €38,837 | €31,055 | -€7,782 | -20.0% |
| Tangible fixed assets | 22/27 | €38,837 | €31,055 | -€7,782 | -20.0% |
| Plant, machinery and equipment | 23 | €1,444 | €1,117 | -€327 | -22.6% |
| Furniture and vehicles | 24 | €3,232 | €3,725 | +€493 | +15.3% |
| Other tangible fixed assets | 26 | €34,160 | €26,212 | -€7,948 | -23.3% |
| Current assets | 29/58 | €278,376 | €395,274 | +€116,898 | +42.0% |
| Amounts receivable within one year | 40/41 | €197,144 | €322,053 | +€124,909 | +63.4% |
| Trade receivables | 40 | €167,021 | €144,013 | -€23,008 | -13.8% |
| Other amounts receivable | 41 | €30,123 | €178,040 | +€147,917 | +491% |
| Cash at bank and in hand | 54/58 | €76,520 | €61,455 | -€15,065 | -19.7% |
| Deferred charges and accrued income | 490/1 | €4,712 | €11,766 | +€7,053 | +150% |
| Total equity and liabilities | 10/49 | €317,213 | €426,329 | +€109,116 | +34.4% |
| Equity | 10/15 | €48,192 | €59,714 | +€11,522 | +23.9% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,808 | €9,714 | +€11,522 | |
| Amounts payable | 17/49 | €269,020 | €366,615 | +€97,595 | +36.3% |
| Amounts payable after more than one year | 17 | €121,798 | €115,966 | -€5,832 | -4.8% |
| Financial debts | 170/4 | €121,798 | €115,966 | -€5,832 | -4.8% |
| Amounts payable within one year | 42/48 | €147,223 | €250,263 | +€103,041 | +70.0% |
| Current portion of amounts payable after more than one year | 42 | €5,538 | €5,832 | +€293 | +5.3% |
| Financial debts | 43 | - | €8,738 | +€8,738 | |
| Credit institutions | 430/8 | - | €8,738 | +€8,738 | |
| Trade debts | 44 | €106,359 | €183,503 | +€77,144 | +72.5% |
| Suppliers | 440/4 | €106,359 | €183,503 | +€77,144 | +72.5% |
| Taxes, remuneration and social security | 45 | €10,184 | €50,705 | +€40,521 | +398% |
| Taxes | 450/3 | €10,184 | €48,800 | +€38,615 | +379% |
| Remuneration and social security | 454/9 | - | €1,906 | +€1,906 | |
| Other amounts payable | 47/48 | €25,141 | €1,485 | -€23,655 | -94.1% |
| Accrued charges and deferred income | 492/3 | - | €385 | +€385 | |
| Remuneration, social security and pensions | 62 | €0 | €24,273 | +€24,273 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,014 | €9,411 | +€2,397 | +34.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €16,734 | +€16,734 | |
| Other operating charges | 640/8 | €2,164 | €3,131 | +€967 | +44.7% |
| Gross operating margin | 9900 | €36,653 | €79,555 | +€42,902 | +117% |
| Operating profit (loss) | 9901 | €27,475 | €26,006 | -€1,469 | -5.3% |
| Financial income | 75/76B | €60 | €1,958 | +€1,898 | +3,163% |
| Recurring financial income | 75 | €60 | €1,958 | +€1,898 | +3,163% |
| Financial charges | 65/66B | €1,762 | €3,020 | +€1,258 | +71.4% |
| Recurring financial charges | 65 | €1,762 | €3,020 | +€1,258 | +71.4% |
| Profit (loss) for the period before taxes | 9903 | €25,773 | €24,944 | -€829 | -3.2% |
| Income taxes | 67/77 | €9,349 | €13,422 | +€4,073 | +43.6% |
| Profit (loss) for the period | 9904 | €16,423 | €11,522 | -€4,902 | -29.8% |
| Profit (loss) for the period to be appropriated | 9905 | €16,423 | €11,522 | -€4,902 | -29.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.