F-CONSULTANCY: what changed
F-CONSULTANCY
Largest movements
- Tangible fixed assets -€19,339
down €19,339 (-49.4%), from €39,141 to €19,802
of which Furniture and vehicles: -€17,248
- Cash +€10,831
up €10,831 (+65.1%), from €16,636 to €27,467
mainly Other debts (+€27,000) and Depreciation (+€20,373)
- Receivables within one year -€2,562
down €2,562 (-6.7%), from €38,281 to €35,719
of which Other amounts receivable: -€1,562
- Other debts +€27,000
new in 2025: €27,000
- Reserves -€26,797
down €26,797 (-45.0%), from €59,509 to €32,712
- Current portion of long-term debt -€5,878
no longer reported in 2025 (was €5,878)
- Trade debts -€5,077
down €5,077 (-56.1%), from €9,055 to €3,978
- Tax, wage and social debts -€1,200
down €1,200 (-68.5%), from €1,752 to €553
- Gross operating margin -€11,061
down €11,061 (-20.1%), from €54,902 to €43,841
- Taxes -€2,051
down €2,051 (-25.6%), from €7,995 to €5,944
- Depreciation -€663
down €663 (-3.1%), from €21,036 to €20,373
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €96,495 | €84,543 | -€11,953 | -12.4% |
| Fixed assets | 21/28 | €39,141 | €19,802 | -€19,339 | -49.4% |
| Tangible fixed assets | 22/27 | €39,141 | €19,802 | -€19,339 | -49.4% |
| Land and buildings | 22 | €11,310 | €9,896 | -€1,414 | -12.5% |
| Plant, machinery and equipment | 23 | €1,975 | €1,298 | -€677 | -34.3% |
| Furniture and vehicles | 24 | €25,856 | €8,608 | -€17,248 | -66.7% |
| Current assets | 29/58 | €57,354 | €64,740 | +€7,386 | +12.9% |
| Amounts receivable within one year | 40/41 | €38,281 | €35,719 | -€2,562 | -6.7% |
| Trade receivables | 40 | €30,462 | €29,461 | -€1,001 | -3.3% |
| Other amounts receivable | 41 | €7,819 | €6,258 | -€1,562 | -20.0% |
| Cash at bank and in hand | 54/58 | €16,636 | €27,467 | +€10,831 | +65.1% |
| Deferred charges and accrued income | 490/1 | €2,437 | €1,555 | -€882 | -36.2% |
| Total equity and liabilities | 10/49 | €96,495 | €84,543 | -€11,953 | -12.4% |
| Equity | 10/15 | €78,059 | €51,262 | -€26,797 | -34.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €59,509 | €32,712 | -€26,797 | -45.0% |
| Distributable reserves | 133 | €59,509 | €32,712 | -€26,797 | -45.0% |
| Amounts payable | 17/49 | €18,436 | €33,281 | +€14,844 | +80.5% |
| Amounts payable within one year | 42/48 | €16,686 | €31,531 | +€14,844 | +89.0% |
| Current portion of amounts payable after more than one year | 42 | €5,878 | - | -€5,878 | |
| Trade debts | 44 | €9,055 | €3,978 | -€5,077 | -56.1% |
| Suppliers | 440/4 | €9,055 | €3,978 | -€5,077 | -56.1% |
| Taxes, remuneration and social security | 45 | €1,752 | €553 | -€1,200 | -68.5% |
| Taxes | 450/3 | €1,752 | €553 | -€1,200 | -68.5% |
| Other amounts payable | 47/48 | - | €27,000 | +€27,000 | |
| Accrued charges and deferred income | 492/3 | €1,750 | €1,750 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,036 | €20,373 | -€663 | -3.1% |
| Other operating charges | 640/8 | €784 | €583 | -€201 | -25.6% |
| Gross operating margin | 9900 | €54,902 | €43,841 | -€11,061 | -20.1% |
| Operating profit (loss) | 9901 | €33,082 | €22,885 | -€10,198 | -30.8% |
| Financial income | 75/76B | €552 | €135 | -€417 | -75.6% |
| Recurring financial income | 75 | €552 | €135 | -€417 | -75.6% |
| Financial charges | 65/66B | €560 | €402 | -€158 | -28.2% |
| Recurring financial charges | 65 | €560 | €402 | -€158 | -28.2% |
| Profit (loss) for the period before taxes | 9903 | €33,074 | €22,618 | -€10,457 | -31.6% |
| Income taxes | 67/77 | €7,995 | €5,944 | -€2,051 | -25.6% |
| Profit (loss) for the period | 9904 | €25,080 | €16,673 | -€8,406 | -33.5% |
| Profit (loss) for the period to be appropriated | 9905 | €25,080 | €16,673 | -€8,406 | -33.5% |
Next steps
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.