CFR CONSULT: what changed
Two fiscal 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.
CFR CONSULT
Largest movements
- Tangible fixed assets -€32,602
down €32,602 (-17.8%), from €183,171 to €150,570
of which Furniture and vehicles: -€29,288
- Cash +€12,433
up €12,433 (+36.0%), from €34,550 to €46,983
mainly Depreciation (+€32,602) and Other debts (+€21,426)
- Debts after one year -€28,975
down €28,975 (-32.3%), from €89,696 to €60,721
- Other debts +€21,426
up €21,426 (+98.4%), from €21,764 to €43,190
- Reserves -€11,000
down €11,000 (-19.7%), from €55,900 to €44,900
- Profit (loss) carried forward -€6,130
down €6,130 (-458.3%), from -€1,337 to -€7,467
- Trade debts +€5,453
up €5,453 (+111.6%), from €4,887 to €10,340
- Other operating charges -€7,081
down €7,081 (-62.2%), from €11,390 to €4,309
- Financial charges -€4,499
down €4,499 (-16.8%), from €26,813 to €22,314
- Taxes +€1,645
up €1,645 (+33.9%), from €4,850 to €6,495
- Gross operating margin +€1,518
up €1,518 (+2.6%), from €57,952 to €59,470
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.
Cash bridge derived
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 | €239,907 | €219,068 | -€20,839 | -8.7% |
| Fixed assets | 21/28 | €183,356 | €150,755 | -€32,602 | -17.8% |
| Tangible fixed assets | 22/27 | €183,171 | €150,570 | -€32,602 | -17.8% |
| Land and buildings | 22 | €68,812 | €65,787 | -€3,025 | -4.4% |
| Furniture and vehicles | 24 | €114,044 | €84,757 | -€29,288 | -25.7% |
| Other tangible fixed assets | 26 | €315 | €26 | -€289 | -91.8% |
| Financial fixed assets | 28 | €185 | €185 | = | 0.0% |
| Current assets | 29/58 | €56,551 | €68,313 | +€11,762 | +20.8% |
| Amounts receivable within one year | 40/41 | €21,151 | €21,031 | -€120 | -0.6% |
| Trade receivables | 40 | €16,638 | €17,687 | +€1,050 | +6.3% |
| Other amounts receivable | 41 | €4,514 | €3,344 | -€1,170 | -25.9% |
| Cash at bank and in hand | 54/58 | €34,550 | €46,983 | +€12,433 | +36.0% |
| Deferred charges and accrued income | 490/1 | €850 | €299 | -€551 | -64.8% |
| Total equity and liabilities | 10/49 | €239,907 | €219,068 | -€20,839 | -8.7% |
| Equity | 10/15 | €60,763 | €43,633 | -€17,130 | -28.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €55,900 | €44,900 | -€11,000 | -19.7% |
| Distributable reserves | 133 | €55,900 | €44,900 | -€11,000 | -19.7% |
| Profit (loss) carried forward | 14 | -€1,337 | -€7,467 | -€6,130 | -458.3% |
| Provisions and deferred taxes | 16 | €24,000 | €24,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €24,000 | €24,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €24,000 | €24,000 | = | 0.0% |
| Amounts payable | 17/49 | €155,145 | €151,435 | -€3,710 | -2.4% |
| Amounts payable after more than one year | 17 | €89,696 | €60,721 | -€28,975 | -32.3% |
| Financial debts | 170/4 | €89,696 | €60,721 | -€28,975 | -32.3% |
| Amounts payable within one year | 42/48 | €64,949 | €90,714 | +€25,765 | +39.7% |
| Current portion of amounts payable after more than one year | 42 | €28,088 | €28,975 | +€887 | +3.2% |
| Trade debts | 44 | €4,887 | €10,340 | +€5,453 | +111.6% |
| Suppliers | 440/4 | €4,887 | €10,340 | +€5,453 | +111.6% |
| Taxes, remuneration and social security | 45 | €10,210 | €8,209 | -€2,001 | -19.6% |
| Taxes | 450/3 | €7,860 | €5,609 | -€2,251 | -28.6% |
| Remuneration and social security | 454/9 | €2,350 | €2,600 | +€250 | +10.6% |
| Other amounts payable | 47/48 | €21,764 | €43,190 | +€21,426 | +98.4% |
| Accrued charges and deferred income | 492/3 | €500 | - | -€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,891 | €32,602 | -€289 | -0.9% |
| Other operating charges | 640/8 | €11,390 | €4,309 | -€7,081 | -62.2% |
| Gross operating margin | 9900 | €57,952 | €59,470 | +€1,518 | +2.6% |
| Operating profit (loss) | 9901 | €13,671 | €22,560 | +€8,888 | +65.0% |
| Financial income | 75/76B | €66 | €120 | +€53 | +80.6% |
| Recurring financial income | 75 | €66 | €120 | +€53 | +80.6% |
| Financial charges | 65/66B | €26,813 | €22,314 | -€4,499 | -16.8% |
| Recurring financial charges | 65 | €26,813 | €22,314 | -€4,499 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | -€13,076 | €365 | +€13,441 | |
| Income taxes | 67/77 | €4,850 | €6,495 | +€1,645 | +33.9% |
| Profit (loss) for the period | 9904 | -€17,926 | -€6,130 | +€11,796 | +65.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,926 | -€6,130 | +€11,796 | +65.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.