F.V.G. CONSULTING: what changed
F.V.G. CONSULTING
Largest movements
- Cash -€186,659
down €186,659 (-70.4%), from €265,268 to €78,609
mainly Contributions, distributions and other (-€365,406) and Other debts (-€250,328)
- Receivables within one year -€139,104
down €139,104 (-57.9%), from €240,063 to €100,960
of which Trade receivables: -€108,819
- Receivables after one year -€60,000
down €60,000 (-100%), from €60,000 to €0
- Tangible fixed assets +€15,019
up €15,019 (+2.0%), from €759,558 to €774,577
of which Furniture and vehicles: +€41,839
- Other debts -€250,328
down €250,328 (-83.2%), from €300,763 to €50,436
- Reserves -€127,890
down €127,890 (-17.9%), from €715,798 to €587,908
- Trade debts +€98,938
up €98,938 (+175%), from €56,488 to €155,426
- Current portion of long-term debt -€44,164
down €44,164 (-69.0%), from €63,981 to €19,817
- Tax, wage and social debts -€33,195
down €33,195 (-27.4%), from €121,218 to €88,023
- Gross operating margin +€62,618
up €62,618 (+13.7%), from €456,065 to €518,683
- Taxes +€41,730
up €41,730 (+35.3%), from €118,155 to €159,886
- Depreciation +€19,497
up €19,497 (+22.5%), from €86,734 to €106,231
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 | €1,454,288 | €1,077,832 | -€376,456 | -25.9% |
| Fixed assets | 21/28 | €761,983 | €776,622 | +€14,639 | +1.9% |
| Tangible fixed assets | 22/27 | €759,558 | €774,577 | +€15,019 | +2.0% |
| Land and buildings | 22 | €650,859 | €626,126 | -€24,734 | -3.8% |
| Furniture and vehicles | 24 | €92,872 | €134,711 | +€41,839 | +45.0% |
| Other tangible fixed assets | 26 | €15,826 | €13,740 | -€2,086 | -13.2% |
| Financial fixed assets | 28 | €2,425 | €2,045 | -€380 | -15.7% |
| Current assets | 29/58 | €692,305 | €301,211 | -€391,095 | -56.5% |
| Amounts receivable after more than one year | 29 | €60,000 | €0 | -€60,000 | -100% |
| Other amounts receivable | 291 | €60,000 | €0 | -€60,000 | -100% |
| Amounts receivable within one year | 40/41 | €240,063 | €100,960 | -€139,104 | -57.9% |
| Trade receivables | 40 | €207,179 | €98,360 | -€108,819 | -52.5% |
| Other amounts receivable | 41 | €32,884 | €2,600 | -€30,284 | -92.1% |
| Cash at bank and in hand | 54/58 | €265,268 | €78,609 | -€186,659 | -70.4% |
| Deferred charges and accrued income | 490/1 | €126,974 | €121,642 | -€5,332 | -4.2% |
| Total equity and liabilities | 10/49 | €1,454,288 | €1,077,832 | -€376,456 | -25.9% |
| Equity | 10/15 | €734,449 | €606,559 | -€127,890 | -17.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €715,798 | €587,908 | -€127,890 | -17.9% |
| Distributable reserves | 133 | €715,798 | €587,908 | -€127,890 | -17.9% |
| Profit (loss) carried forward | 14 | €59 | €59 | = | 0.0% |
| Amounts payable | 17/49 | €719,839 | €471,273 | -€248,565 | -34.5% |
| Amounts payable after more than one year | 17 | €177,389 | €157,572 | -€19,817 | -11.2% |
| Financial debts | 170/4 | €177,389 | €157,572 | -€19,817 | -11.2% |
| Amounts payable within one year | 42/48 | €542,449 | €313,701 | -€228,749 | -42.2% |
| Current portion of amounts payable after more than one year | 42 | €63,981 | €19,817 | -€44,164 | -69.0% |
| Trade debts | 44 | €56,488 | €155,426 | +€98,938 | +175% |
| Suppliers | 440/4 | €56,488 | €155,426 | +€98,938 | +175% |
| Taxes, remuneration and social security | 45 | €121,218 | €88,023 | -€33,195 | -27.4% |
| Taxes | 450/3 | €121,218 | €88,023 | -€33,195 | -27.4% |
| Other amounts payable | 47/48 | €300,763 | €50,436 | -€250,328 | -83.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,734 | €106,231 | +€19,497 | +22.5% |
| Other operating charges | 640/8 | €5,567 | €8,385 | +€2,818 | +50.6% |
| Gross operating margin | 9900 | €456,065 | €518,683 | +€62,618 | +13.7% |
| Operating profit (loss) | 9901 | €363,764 | €404,066 | +€40,303 | +11.1% |
| Financial income | 75/76B | €1,763 | €758 | -€1,005 | -57.0% |
| Recurring financial income | 75 | €1,763 | €758 | -€1,005 | -57.0% |
| Financial charges | 65/66B | €4,607 | €7,423 | +€2,816 | +61.1% |
| Recurring financial charges | 65 | €4,607 | €7,423 | +€2,816 | +61.1% |
| Profit (loss) for the period before taxes | 9903 | €360,919 | €397,402 | +€36,482 | +10.1% |
| Income taxes | 67/77 | €118,155 | €159,886 | +€41,730 | +35.3% |
| Profit (loss) for the period | 9904 | €242,764 | €237,516 | -€5,248 | -2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €242,764 | €237,516 | -€5,248 | -2.2% |
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 8 November 2026 via checked.be.