F-Konsult: 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-Konsult
Largest movements
- Deferred charges and accrued income +€1.0m
up €1.0m (+103767.8%), from €964 to €1.0m
- Cash +€70,484
up €70,484 (+73.3%), from €96,134 to €166,618
mainly Net result for the year (+€1.8m) and Other debts (+€870,418)
- Receivables within one year -€22,552
down €22,552 (-47.0%), from €48,000 to €25,448
of which Trade receivables: -€26,136
- Other debts +€870,418
up €870,418 (+122.6%), from €709,686 to €1.6m
- Tax, wage and social debts +€274,404
up €274,404 (+1338.2%), from €20,505 to €294,909
of which Taxes: +€274,326
- Debts after one year -€101,646
down €101,646 (-48.3%), from €210,247 to €108,601
- Financial income +€1.3m
up €1.3m (+331.1%), from €400,182 to €1.7m
- Gross operating margin -€7,983
down €7,983 (-3.9%), from €206,696 to €198,713
- Other operating charges -€5,305
down €5,305 (-59.0%), from €8,993 to €3,689
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 | €1,071,165 | €2,109,375 | +€1.0m | +96.9% |
| Fixed assets | 21/28 | €721,842 | €711,414 | -€10,427 | -1.4% |
| Tangible fixed assets | 22/27 | €208,100 | €197,673 | -€10,427 | -5.0% |
| Land and buildings | 22 | €117,750 | €117,750 | = | 0.0% |
| Furniture and vehicles | 24 | €90,350 | €79,923 | -€10,427 | -11.5% |
| Financial fixed assets | 28 | €513,741 | €513,741 | = | 0.0% |
| Current assets | 29/58 | €349,324 | €1,397,961 | +€1.0m | +300.2% |
| Stocks and contracts in progress | 3 | €204,225 | €204,225 | = | 0.0% |
| Stocks | 30/36 | €204,225 | €204,225 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €48,000 | €25,448 | -€22,552 | -47.0% |
| Trade receivables | 40 | €26,136 | €0 | -€26,136 | -100.0% |
| Other amounts receivable | 41 | €21,864 | €25,448 | +€3,584 | +16.4% |
| Cash at bank and in hand | 54/58 | €96,134 | €166,618 | +€70,484 | +73.3% |
| Deferred charges and accrued income | 490/1 | €964 | €1,001,670 | +€1.0m | +103767.8% |
| Total equity and liabilities | 10/49 | €1,071,165 | €2,109,375 | +€1.0m | +96.9% |
| Equity | 10/15 | €28,617 | €18,955 | -€9,662 | -33.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €9,860 | €0 | -€9,860 | -100.0% |
| Distributable reserves | 133 | €9,860 | €0 | -€9,860 | -100.0% |
| Profit (loss) carried forward | 14 | €157 | €355 | +€198 | +126.6% |
| Amounts payable | 17/49 | €1,042,548 | €2,090,420 | +€1.0m | +100.5% |
| Amounts payable after more than one year | 17 | €210,247 | €108,601 | -€101,646 | -48.3% |
| Financial debts | 170/4 | €210,247 | €108,601 | -€101,646 | -48.3% |
| Amounts payable within one year | 42/48 | €832,302 | €1,981,819 | +€1.1m | +138.1% |
| Current portion of amounts payable after more than one year | 42 | €99,738 | €101,646 | +€1,908 | +1.9% |
| Trade debts | 44 | €2,372 | €5,160 | +€2,788 | +117.5% |
| Suppliers | 440/4 | €2,372 | €5,160 | +€2,788 | +117.5% |
| Taxes, remuneration and social security | 45 | €20,505 | €294,909 | +€274,404 | +1338.2% |
| Taxes | 450/3 | €17,203 | €291,529 | +€274,326 | +1594.6% |
| Remuneration and social security | 454/9 | €3,302 | €3,380 | +€78 | +2.4% |
| Other amounts payable | 47/48 | €709,686 | €1,580,105 | +€870,418 | +122.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,153 | €24,503 | +€351 | +1.5% |
| Other operating charges | 640/8 | €8,993 | €3,689 | -€5,305 | -59.0% |
| Gross operating margin | 9900 | €206,696 | €198,713 | -€7,983 | -3.9% |
| Operating profit (loss) | 9901 | €173,550 | €170,521 | -€3,029 | -1.7% |
| Financial income | 75/76B | €400,182 | €1,725,151 | +€1.3m | +331.1% |
| Recurring financial income | 75 | €400,182 | €1,725,151 | +€1.3m | +331.1% |
| Financial charges | 65/66B | €7,451 | €5,877 | -€1,574 | -21.1% |
| Recurring financial charges | 65 | €7,451 | €5,877 | -€1,574 | -21.1% |
| Profit (loss) for the period before taxes | 9903 | €566,281 | €1,889,796 | +€1.3m | +233.7% |
| Income taxes | 67/77 | €46,191 | €44,597 | -€1,593 | -3.4% |
| Profit (loss) for the period | 9904 | €520,091 | €1,845,198 | +€1.3m | +254.8% |
| Profit (loss) for the period to be appropriated | 9905 | €520,091 | €1,845,198 | +€1.3m | +254.8% |
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 8 October 2026 via checked.be.