F & S Consulting: 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.
F & S Consulting
Largest movements
- Cash -€252,513
down €252,513 (-69.5%), from €363,073 to €110,560
mainly Current investments (-€200,000) and Debts after one year (-€200,000)
- Current investments +€200,000
new in 2025: €200,000
- Stocks and contracts -€180,282
down €180,282 (-100%), from €180,282 to €0
- Tangible fixed assets +€143,444
up €143,444 (+46.9%), from €305,806 to €449,249
of which Land and buildings: +€171,040
- Debts after one year -€200,000
down €200,000 (-100%), from €200,000 to €0
- Reserves +€100,483
up €100,483 (+19.3%), from €519,510 to €619,993
of which Distributable reserves: +€100,483
- Tax, wage and social debts +€16,879
up €16,879 (+113%), from €14,890 to €31,769
of which Taxes: +€19,459
- Gross operating margin +€9,240
up €9,240 (+5.1%), from €180,320 to €189,560
- Depreciation +€6,282
up €6,282 (+20.6%), from €30,556 to €36,839
- Financial charges -€3,729
down €3,729 (-31.1%), from €12,005 to €8,276
- Taxes +€2,732
up €2,732 (+6.9%), from €39,575 to €42,308
- Other operating charges -€1,985
down €1,985 (-53.4%), from €3,719 to €1,733
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 | €855,716 | €764,019 | -€91,698 | -10.7% |
| Fixed assets | 21/28 | €305,806 | €449,249 | +€143,444 | +46.9% |
| Tangible fixed assets | 22/27 | €305,806 | €449,249 | +€143,444 | +46.9% |
| Land and buildings | 22 | €236,412 | €407,453 | +€171,040 | +72.3% |
| Plant, machinery and equipment | 23 | €467 | €76 | -€391 | -83.7% |
| Furniture and vehicles | 24 | €68,926 | €41,720 | -€27,206 | -39.5% |
| Current assets | 29/58 | €549,910 | €314,769 | -€235,141 | -42.8% |
| Stocks and contracts in progress | 3 | €180,282 | €0 | -€180,282 | -100% |
| Stocks | 30/36 | €180,282 | €0 | -€180,282 | -100% |
| Amounts receivable within one year | 40/41 | €5,523 | €3,140 | -€2,383 | -43.1% |
| Trade receivables | 40 | €2,599 | €3,140 | +€542 | +20.8% |
| Other amounts receivable | 41 | €2,925 | €0 | -€2,925 | -100% |
| Current investments | 50/53 | - | €200,000 | +€200,000 | |
| Cash at bank and in hand | 54/58 | €363,073 | €110,560 | -€252,513 | -69.5% |
| Deferred charges and accrued income | 490/1 | €1,032 | €1,069 | +€37 | +3.6% |
| Total equity and liabilities | 10/49 | €855,716 | €764,019 | -€91,698 | -10.7% |
| Equity | 10/15 | €623,291 | €723,774 | +€100,483 | +16.1% |
| Contributions | 10/11 | €103,300 | €103,300 | = | 0.0% |
| Reserves | 13 | €519,510 | €619,993 | +€100,483 | +19.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €519,510 | €619,993 | +€100,483 | +19.3% |
| Profit (loss) carried forward | 14 | €481 | €481 | = | 0.0% |
| Amounts payable | 17/49 | €232,425 | €40,245 | -€192,181 | -82.7% |
| Amounts payable after more than one year | 17 | €200,000 | €0 | -€200,000 | -100% |
| Financial debts | 170/4 | €200,000 | €0 | -€200,000 | -100% |
| Amounts payable within one year | 42/48 | €26,725 | €40,245 | +€13,519 | +50.6% |
| Trade debts | 44 | €3,189 | €2,387 | -€801 | -25.1% |
| Suppliers | 440/4 | €3,189 | €2,387 | -€801 | -25.1% |
| Taxes, remuneration and social security | 45 | €14,890 | €31,769 | +€16,879 | +113% |
| Taxes | 450/3 | €12,310 | €31,769 | +€19,459 | +158% |
| Remuneration and social security | 454/9 | €2,580 | €0 | -€2,580 | -100% |
| Other amounts payable | 47/48 | €8,647 | €6,089 | -€2,558 | -29.6% |
| Accrued charges and deferred income | 492/3 | €5,700 | €0 | -€5,700 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,556 | €36,839 | +€6,282 | +20.6% |
| Other operating charges | 640/8 | €3,719 | €1,733 | -€1,985 | -53.4% |
| Gross operating margin | 9900 | €180,320 | €189,560 | +€9,240 | +5.1% |
| Operating profit (loss) | 9901 | €146,045 | €150,988 | +€4,943 | +3.4% |
| Financial income | 75/76B | €20 | €78 | +€58 | +292% |
| Recurring financial income | 75 | €20 | €78 | +€58 | +292% |
| Financial charges | 65/66B | €12,005 | €8,276 | -€3,729 | -31.1% |
| Recurring financial charges | 65 | €12,005 | €8,276 | -€3,729 | -31.1% |
| Profit (loss) for the period before taxes | 9903 | €134,060 | €142,791 | +€8,730 | +6.5% |
| Income taxes | 67/77 | €39,575 | €42,308 | +€2,732 | +6.9% |
| Profit (loss) for the period | 9904 | €94,485 | €100,483 | +€5,998 | +6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €94,485 | €100,483 | +€5,998 | +6.3% |
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 29 October 2026 via checked.be.