USP 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.
USP CONSULTING
Largest movements
- Receivables within one year +€25,754
up €25,754 (+217%), from €11,886 to €37,640
of which Trade receivables: +€26,108
- Tangible fixed assets -€9,532
down €9,532 (-8.2%), from €115,728 to €106,196
of which Land and buildings: -€5,973
- Cash -€7,358
down €7,358 (-38.2%), from €19,265 to €11,908
mainly Receivables within one year (-€25,754) and Debts after one year (-€6,855)
- Profit (loss) carried forward +€10,088
up €10,088 (+62.8%), from -€16,070 to -€5,983
- Debts after one year -€6,855
down €6,855 (-6.3%), from €108,064 to €101,209
- Tax, wage and social debts +€4,138
up €4,138 (+114%), from €3,626 to €7,764
- Gross operating margin +€8,289
up €8,289 (+40.8%), from €20,324 to €28,613
- Taxes +€2,127
up €2,127 (+162%), from €1,312 to €3,440
- Financial charges -€1,842
down €1,842 (-25.8%), from €7,126 to €5,284
- Depreciation -€494
down €494 (-4.9%), from €10,025 to €9,532
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 | €148,065 | €155,786 | +€7,721 | +5.2% |
| Fixed assets | 21/28 | €115,728 | €106,196 | -€9,532 | -8.2% |
| Tangible fixed assets | 22/27 | €115,728 | €106,196 | -€9,532 | -8.2% |
| Land and buildings | 22 | €99,664 | €93,691 | -€5,973 | -6.0% |
| Plant, machinery and equipment | 23 | €15,105 | €11,874 | -€3,230 | -21.4% |
| Furniture and vehicles | 24 | €959 | €631 | -€328 | -34.2% |
| Current assets | 29/58 | €32,337 | €49,590 | +€17,252 | +53.4% |
| Amounts receivable within one year | 40/41 | €11,886 | €37,640 | +€25,754 | +217% |
| Trade receivables | 40 | €3,732 | €29,840 | +€26,108 | +700% |
| Other amounts receivable | 41 | €8,154 | €7,800 | -€354 | -4.3% |
| Cash at bank and in hand | 54/58 | €19,265 | €11,908 | -€7,358 | -38.2% |
| Deferred charges and accrued income | 490/1 | €1,185 | €42 | -€1,144 | -96.5% |
| Total equity and liabilities | 10/49 | €148,065 | €155,786 | +€7,721 | +5.2% |
| Equity | 10/15 | -€4,398 | €5,689 | +€10,088 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €5,472 | €5,472 | = | 0.0% |
| Distributable reserves | 133 | €5,472 | €5,472 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,070 | -€5,983 | +€10,088 | +62.8% |
| Amounts payable | 17/49 | €152,464 | €150,097 | -€2,367 | -1.6% |
| Amounts payable after more than one year | 17 | €108,064 | €101,209 | -€6,855 | -6.3% |
| Financial debts | 170/4 | €108,064 | €101,209 | -€6,855 | -6.3% |
| Amounts payable within one year | 42/48 | €38,038 | €41,461 | +€3,423 | +9.0% |
| Current portion of amounts payable after more than one year | 42 | €6,661 | €6,855 | +€194 | +2.9% |
| Trade debts | 44 | €2,221 | €1,252 | -€970 | -43.6% |
| Suppliers | 440/4 | €2,221 | €1,252 | -€970 | -43.6% |
| Taxes, remuneration and social security | 45 | €3,626 | €7,764 | +€4,138 | +114% |
| Taxes | 450/3 | €3,626 | €7,764 | +€4,138 | +114% |
| Other amounts payable | 47/48 | €25,529 | €25,591 | +€61 | +0.2% |
| Accrued charges and deferred income | 492/3 | €6,361 | €7,426 | +€1,065 | +16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,025 | €9,532 | -€494 | -4.9% |
| Other operating charges | 640/8 | €514 | €278 | -€237 | -46.0% |
| Gross operating margin | 9900 | €20,324 | €28,613 | +€8,289 | +40.8% |
| Operating profit (loss) | 9901 | €9,784 | €18,804 | +€9,020 | +92.2% |
| Financial income | 75/76B | €7 | €8 | +€1 | +11.6% |
| Recurring financial income | 75 | €7 | €8 | +€1 | +11.6% |
| Financial charges | 65/66B | €7,126 | €5,284 | -€1,842 | -25.8% |
| Recurring financial charges | 65 | €7,126 | €5,284 | -€1,842 | -25.8% |
| Profit (loss) for the period before taxes | 9903 | €2,665 | €13,527 | +€10,863 | +408% |
| Income taxes | 67/77 | €1,312 | €3,440 | +€2,127 | +162% |
| Profit (loss) for the period | 9904 | €1,352 | €10,088 | +€8,735 | +646% |
| Profit (loss) for the period to be appropriated | 9905 | €1,352 | €10,088 | +€8,735 | +646% |
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 19 October 2026 via checked.be.