FD CONSEIL: 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.
FD CONSEIL
Largest movements
- Cash +€52,186
up €52,186 (+122.4%), from €42,653 to €94,839
mainly Net result for the year (+€41,290) and Current investments (+€20,000)
- Current investments -€20,000
no longer reported in 2025 (was €20,000)
- Receivables within one year -€4,231
down €4,231 (-16.6%), from €25,538 to €21,308
- Tangible fixed assets +€1,362
up €1,362 (+118.1%), from €1,153 to €2,515
- Profit (loss) carried forward +€17,290
up €17,290 (+26.7%), from €64,666 to €81,955
- Other debts +€12,079
up €12,079 (+99.9%), from €12,090 to €24,169
- Gross operating margin +€11,591
up €11,591 (+27.0%), from €42,942 to €54,533
- Taxes +€1,948
up €1,948 (+22.0%), from €8,864 to €10,812
- Write-downs +€1,200
new in 2025: €1,200
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 | €89,865 | €119,839 | +€29,974 | +33.4% |
| Fixed assets | 21/28 | €1,153 | €2,515 | +€1,362 | +118.1% |
| Tangible fixed assets | 22/27 | €1,153 | €2,515 | +€1,362 | +118.1% |
| Furniture and vehicles | 24 | €1,153 | €2,515 | +€1,362 | +118.1% |
| Current assets | 29/58 | €88,712 | €117,324 | +€28,612 | +32.3% |
| Amounts receivable within one year | 40/41 | €25,538 | €21,308 | -€4,231 | -16.6% |
| Trade receivables | 40 | €25,538 | €21,308 | -€4,231 | -16.6% |
| Current investments | 50/53 | €20,000 | - | -€20,000 | |
| Cash at bank and in hand | 54/58 | €42,653 | €94,839 | +€52,186 | +122.4% |
| Deferred charges and accrued income | 490/1 | €521 | €1,178 | +€657 | +126.1% |
| Total equity and liabilities | 10/49 | €89,865 | €119,839 | +€29,974 | +33.4% |
| Equity | 10/15 | €69,666 | €86,955 | +€17,290 | +24.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,666 | €81,955 | +€17,290 | +26.7% |
| Amounts payable | 17/49 | €20,199 | €32,884 | +€12,684 | +62.8% |
| Amounts payable within one year | 42/48 | €20,199 | €32,884 | +€12,684 | +62.8% |
| Trade debts | 44 | €357 | €172 | -€185 | -51.8% |
| Suppliers | 440/4 | €357 | €172 | -€185 | -51.8% |
| Taxes, remuneration and social security | 45 | €7,753 | €8,543 | +€790 | +10.2% |
| Taxes | 450/3 | €7,753 | €8,543 | +€790 | +10.2% |
| Other amounts payable | 47/48 | €12,090 | €24,169 | +€12,079 | +99.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,114 | €920 | -€194 | -17.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,200 | +€1,200 | |
| Other operating charges | 640/8 | €862 | €901 | +€39 | +4.5% |
| Non-recurring operating charges | 66A | €63 | €127 | +€64 | +101.0% |
| Gross operating margin | 9900 | €42,942 | €54,533 | +€11,591 | +27.0% |
| Operating profit (loss) | 9901 | €40,903 | €51,385 | +€10,482 | +25.6% |
| Financial income | 75/76B | €1,208 | €836 | -€372 | -30.8% |
| Recurring financial income | 75 | €1,208 | €836 | -€372 | -30.8% |
| Financial charges | 65/66B | €99 | €120 | +€21 | +20.7% |
| Recurring financial charges | 65 | €99 | €120 | +€21 | +20.7% |
| Profit (loss) for the period before taxes | 9903 | €42,012 | €52,102 | +€10,090 | +24.0% |
| Income taxes | 67/77 | €8,864 | €10,812 | +€1,948 | +22.0% |
| Profit (loss) for the period | 9904 | €33,148 | €41,290 | +€8,142 | +24.6% |
| Profit (loss) for the period to be appropriated | 9905 | €33,148 | €41,290 | +€8,142 | +24.6% |
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 6 October 2026 via checked.be.