F. CONSULTING: 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.
F. CONSULTING
Largest movements
- Receivables within one year +€64,215
up €64,215 (+125.1%), from €51,312 to €115,527
of which Other amounts receivable: +€53,478
- Cash -€6,127
down €6,127 (-21.0%), from €29,173 to €23,045
mainly Contributions, distributions and other (-€150,000) and Receivables within one year (-€64,215)
- Other debts +€142,500
new in 2025: €142,500
- Reserves -€93,000
down €93,000 (-34.1%), from €272,918 to €179,918
of which Distributable reserves: -€93,000
- Tax, wage and social debts +€9,178
up €9,178 (+18.1%), from €50,606 to €59,784
- Gross operating margin +€13,922
up €13,922 (+21.3%), from €65,315 to €79,237
- Other operating charges +€9,375
up €9,375 (+1500.1%), from €625 to €10,000
- Taxes +€2,760
up €2,760 (+9.8%), from €28,192 to €30,953
- Financial income +€2,615
up €2,615 (+14.0%), from €18,628 to €21,242
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 | €532,403 | €591,398 | +€58,995 | +11.1% |
| Fixed assets | 21/28 | €1,134 | €745 | -€389 | -34.3% |
| Tangible fixed assets | 22/27 | €964 | €575 | -€389 | -40.3% |
| Furniture and vehicles | 24 | €56 | - | -€56 | |
| Other tangible fixed assets | 26 | €909 | €575 | -€333 | -36.7% |
| Financial fixed assets | 28 | €169 | €169 | = | 0.0% |
| Current assets | 29/58 | €531,269 | €590,654 | +€59,384 | +11.2% |
| Amounts receivable after more than one year | 29 | €450,000 | €450,000 | = | 0.0% |
| Other amounts receivable | 291 | €450,000 | €450,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €51,312 | €115,527 | +€64,215 | +125.1% |
| Trade receivables | 40 | €19,647 | €30,383 | +€10,737 | +54.6% |
| Other amounts receivable | 41 | €31,665 | €85,143 | +€53,478 | +168.9% |
| Cash at bank and in hand | 54/58 | €29,173 | €23,045 | -€6,127 | -21.0% |
| Deferred charges and accrued income | 490/1 | €784 | €2,081 | +€1,297 | +165.5% |
| Total equity and liabilities | 10/49 | €532,403 | €591,398 | +€58,995 | +11.1% |
| Equity | 10/15 | €478,689 | €386,238 | -€92,451 | -19.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €272,918 | €179,918 | -€93,000 | -34.1% |
| Non-distributable reserves | 130/1 | €3,918 | €3,918 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,918 | €3,918 | = | 0.0% |
| Distributable reserves | 133 | €269,000 | €176,000 | -€93,000 | -34.6% |
| Profit (loss) carried forward | 14 | €187,171 | €187,720 | +€549 | +0.3% |
| Amounts payable | 17/49 | €53,714 | €205,160 | +€151,446 | +281.9% |
| Amounts payable within one year | 42/48 | €53,714 | €205,160 | +€151,446 | +281.9% |
| Trade debts | 44 | €3,109 | €2,877 | -€232 | -7.5% |
| Suppliers | 440/4 | €3,109 | €2,877 | -€232 | -7.5% |
| Taxes, remuneration and social security | 45 | €50,606 | €59,784 | +€9,178 | +18.1% |
| Taxes | 450/3 | €50,606 | €59,784 | +€9,178 | +18.1% |
| Other amounts payable | 47/48 | - | €142,500 | +€142,500 | |
| Non-recurring operating income | 76A | €7,649 | - | -€7,649 | |
| Remuneration, social security and pensions | 62 | €236 | €241 | +€5 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €935 | €389 | -€546 | -58.4% |
| Other operating charges | 640/8 | €625 | €10,000 | +€9,375 | +1500.1% |
| Gross operating margin | 9900 | €65,315 | €79,237 | +€13,922 | +21.3% |
| Operating profit (loss) | 9901 | €63,519 | €68,607 | +€5,088 | +8.0% |
| Financial income | 75/76B | €18,628 | €21,242 | +€2,615 | +14.0% |
| Recurring financial income | 75 | €18,628 | €21,242 | +€2,615 | +14.0% |
| Financial charges | 65/66B | €1,722 | €1,347 | -€375 | -21.8% |
| Recurring financial charges | 65 | €1,722 | €1,347 | -€375 | -21.8% |
| Profit (loss) for the period before taxes | 9903 | €80,424 | €88,502 | +€8,078 | +10.0% |
| Income taxes | 67/77 | €28,192 | €30,953 | +€2,760 | +9.8% |
| Profit (loss) for the period | 9904 | €52,231 | €57,549 | +€5,318 | +10.2% |
| Profit (loss) for the period to be appropriated | 9905 | €52,231 | €57,549 | +€5,318 | +10.2% |
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 4 October 2026 via checked.be.