F.W. Consult: 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.W. Consult
Largest movements
- Financial fixed assets -€626,192
down €626,192 (-99.5%), from €629,032 to €2,840
- Tangible fixed assets +€445,687
up €445,687 (+227%), from €195,943 to €641,630
of which Land and buildings: +€379,346
- Cash +€104,845
up €104,845 (+148%), from €70,709 to €175,554
mainly Investment in fixed assets (net) (+€145,918) and Depreciation (+€25,854)
- Receivables within one year -€10,310
down €10,310 (-51.0%), from €20,225 to €9,916
of which Trade receivables: -€10,626
- Debts after one year -€81,103
down €81,103 (-8.5%), from €957,000 to €875,897
- Profit (loss) carried forward +€11,490
up €11,490 (+10.1%), from -€113,672 to -€102,182
- Gross operating margin +€39,328
up €39,328 (+2,398%), from €1,640 to €40,968
- Depreciation +€20,398
up €20,398 (+374%), from €5,456 to €25,854
- Taxes +€1,246
new in 2025: €1,246
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 | €919,544 | €841,826 | -€77,719 | -8.5% |
| Formation expenses | 20 | - | €8,734 | +€8,734 | |
| Fixed assets | 21/28 | €824,975 | €644,470 | -€180,505 | -21.9% |
| Tangible fixed assets | 22/27 | €195,943 | €641,630 | +€445,687 | +227% |
| Land and buildings | 22 | €182,457 | €561,803 | +€379,346 | +208% |
| Plant, machinery and equipment | 23 | €13,426 | €15,320 | +€1,895 | +14.1% |
| Furniture and vehicles | 24 | €60 | €8,850 | +€8,790 | +14,580% |
| Other tangible fixed assets | 26 | - | €55,656 | +€55,656 | |
| Financial fixed assets | 28 | €629,032 | €2,840 | -€626,192 | -99.5% |
| Current assets | 29/58 | €94,570 | €188,623 | +€94,053 | +99.5% |
| Stocks and contracts in progress | 3 | €1,507 | €1,192 | -€315 | -20.9% |
| Stocks | 30/36 | €1,507 | €1,192 | -€315 | -20.9% |
| Amounts receivable within one year | 40/41 | €20,225 | €9,916 | -€10,310 | -51.0% |
| Trade receivables | 40 | €19,287 | €8,661 | -€10,626 | -55.1% |
| Other amounts receivable | 41 | €938 | €1,254 | +€316 | +33.7% |
| Cash at bank and in hand | 54/58 | €70,709 | €175,554 | +€104,845 | +148% |
| Deferred charges and accrued income | 490/1 | €2,128 | €1,961 | -€168 | -7.9% |
| Total equity and liabilities | 10/49 | €919,544 | €841,826 | -€77,719 | -8.5% |
| Equity | 10/15 | -€93,672 | -€82,182 | +€11,490 | +12.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€113,672 | -€102,182 | +€11,490 | +10.1% |
| Amounts payable | 17/49 | €1,013,216 | €924,008 | -€89,209 | -8.8% |
| Amounts payable after more than one year | 17 | €957,000 | €875,897 | -€81,103 | -8.5% |
| Financial debts | 170/4 | €957,000 | €875,897 | -€81,103 | -8.5% |
| Amounts payable within one year | 42/48 | €12,192 | €4,086 | -€8,106 | -66.5% |
| Trade debts | 44 | €5,073 | €206 | -€4,867 | -95.9% |
| Suppliers | 440/4 | €5,073 | €206 | -€4,867 | -95.9% |
| Taxes, remuneration and social security | 45 | - | €2,758 | +€2,758 | |
| Taxes | 450/3 | - | €2,758 | +€2,758 | |
| Other amounts payable | 47/48 | €7,118 | €1,121 | -€5,997 | -84.2% |
| Accrued charges and deferred income | 492/3 | €44,025 | €44,025 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,456 | €25,854 | +€20,398 | +374% |
| Other operating charges | 640/8 | €1,283 | €1,661 | +€378 | +29.5% |
| Gross operating margin | 9900 | €1,640 | €40,968 | +€39,328 | +2,398% |
| Operating profit (loss) | 9901 | -€5,098 | €13,454 | +€18,552 | |
| Financial income | 75/76B | €12 | €1 | -€12 | -94.9% |
| Recurring financial income | 75 | €12 | €1 | -€12 | -94.9% |
| Financial charges | 65/66B | €1,038 | €719 | -€319 | -30.8% |
| Recurring financial charges | 65 | €1,038 | €719 | -€319 | -30.8% |
| Profit (loss) for the period before taxes | 9903 | -€6,124 | €12,736 | +€18,860 | |
| Income taxes | 67/77 | - | €1,246 | +€1,246 | |
| Profit (loss) for the period | 9904 | -€6,124 | €11,490 | +€17,614 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,124 | €11,490 | +€17,614 |
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 23 October 2026 via checked.be.