2 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.
2 Consult
Largest movements
- Receivables within one year -€51,330
down €51,330 (-33.5%), from €153,216 to €101,886
of which Trade receivables: -€72,777
- Current investments +€42,426
up €42,426 (+140%), from €30,386 to €72,812
- Tangible fixed assets +€23,244
up €23,244 (+17.2%), from €135,289 to €158,532
of which Furniture and vehicles: +€50,846
- Deferred charges and accrued income -€15,276
down €15,276 (-89.8%), from €17,017 to €1,741
- Trade debts -€19,301
down €19,301 (-95.0%), from €20,309 to €1,009
- Other debts +€10,988
up €10,988 (+981%), from €1,120 to €12,108
- Debts after one year -€8,092
down €8,092 (-20.0%), from €40,525 to €32,433
- Tax, wage and social debts +€7,100
up €7,100 (+22.4%), from €31,647 to €38,747
- Current portion of long-term debt +€6,780
up €6,780 (+18.0%), from €37,752 to €44,532
- Gross operating margin -€10,425
down €10,425 (-12.1%), from €85,912 to €75,487
- Depreciation +€8,103
up €8,103 (+26.0%), from €31,113 to €39,216
- Taxes -€6,869
down €6,869 (-41.2%), from €16,685 to €9,815
- Other operating charges +€6,523
up €6,523 (+827%), from €789 to €7,312
- Financial income +€1,795
up €1,795 (+122%), from €1,467 to €3,262
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 | €395,560 | €398,488 | +€2,928 | +0.7% |
| Fixed assets | 21/28 | €142,789 | €166,032 | +€23,244 | +16.3% |
| Tangible fixed assets | 22/27 | €135,289 | €158,532 | +€23,244 | +17.2% |
| Land and buildings | 22 | €127,644 | €99,799 | -€27,845 | -21.8% |
| Plant, machinery and equipment | 23 | €1,591 | €2,139 | +€549 | +34.5% |
| Furniture and vehicles | 24 | €4,546 | €55,392 | +€50,846 | +1,118% |
| Other tangible fixed assets | 26 | €1,507 | €1,201 | -€306 | -20.3% |
| Financial fixed assets | 28 | €7,500 | €7,500 | = | 0.0% |
| Current assets | 29/58 | €252,772 | €232,456 | -€20,316 | -8.0% |
| Amounts receivable within one year | 40/41 | €153,216 | €101,886 | -€51,330 | -33.5% |
| Trade receivables | 40 | €111,748 | €38,971 | -€72,777 | -65.1% |
| Other amounts receivable | 41 | €41,468 | €62,915 | +€21,447 | +51.7% |
| Current investments | 50/53 | €30,386 | €72,812 | +€42,426 | +140% |
| Cash at bank and in hand | 54/58 | €52,153 | €56,017 | +€3,863 | +7.4% |
| Deferred charges and accrued income | 490/1 | €17,017 | €1,741 | -€15,276 | -89.8% |
| Total equity and liabilities | 10/49 | €395,560 | €398,488 | +€2,928 | +0.7% |
| Equity | 10/15 | €262,517 | €268,392 | +€5,875 | +2.2% |
| Contributions | 10/11 | €12,743 | €12,743 | = | 0.0% |
| Reserves | 13 | €249,774 | €255,649 | +€5,875 | +2.4% |
| Non-distributable reserves | 130/1 | €1,872 | €1,872 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,872 | €1,872 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,281 | €2,461 | -€820 | -25.0% |
| Distributable reserves | 133 | €244,622 | €251,317 | +€6,695 | +2.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €1,689 | €1,266 | -€423 | -25.0% |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Pensions and similar obligations | 160 | €0 | - | = | |
| Deferred taxes | 168 | €1,689 | €1,266 | -€423 | -25.0% |
| Amounts payable | 17/49 | €131,353 | €128,829 | -€2,524 | -1.9% |
| Amounts payable after more than one year | 17 | €40,525 | €32,433 | -€8,092 | -20.0% |
| Financial debts | 170/4 | €40,525 | €32,433 | -€8,092 | -20.0% |
| Amounts payable within one year | 42/48 | €90,828 | €96,396 | +€5,568 | +6.1% |
| Current portion of amounts payable after more than one year | 42 | €37,752 | €44,532 | +€6,780 | +18.0% |
| Trade debts | 44 | €20,309 | €1,009 | -€19,301 | -95.0% |
| Suppliers | 440/4 | €20,309 | €1,009 | -€19,301 | -95.0% |
| Taxes, remuneration and social security | 45 | €31,647 | €38,747 | +€7,100 | +22.4% |
| Taxes | 450/3 | €31,647 | €38,747 | +€7,100 | +22.4% |
| Other amounts payable | 47/48 | €1,120 | €12,108 | +€10,988 | +981% |
| Remuneration, social security and pensions | 62 | - | €144 | +€144 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,113 | €39,216 | +€8,103 | +26.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€1,667 | €0 | +€1,667 | |
| Other operating charges | 640/8 | €789 | €7,312 | +€6,523 | +827% |
| Gross operating margin | 9900 | €85,912 | €75,487 | -€10,425 | -12.1% |
| Operating profit (loss) | 9901 | €55,677 | €28,815 | -€26,862 | -48.2% |
| Financial income | 75/76B | €1,467 | €3,262 | +€1,795 | +122% |
| Recurring financial income | 75 | €1,467 | €3,262 | +€1,795 | +122% |
| Financial charges | 65/66B | €4,333 | €3,626 | -€708 | -16.3% |
| Recurring financial charges | 65 | €4,333 | €3,626 | -€708 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | €52,810 | €28,451 | -€24,359 | -46.1% |
| Transfer from deferred taxes | 780 | €422 | €423 | +€1 | +0.1% |
| Income taxes | 67/77 | €16,685 | €9,815 | -€6,869 | -41.2% |
| Profit (loss) for the period | 9904 | €36,548 | €19,059 | -€17,489 | -47.9% |
| Transfer from tax-exempt reserves | 789 | €820 | €820 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €37,368 | €19,879 | -€17,489 | -46.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.