FD CONSEILS: 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 CONSEILS
Largest movements
- Tangible fixed assets +€115,412
up €115,412 (+139.4%), from €82,782 to €198,194
of which Land and buildings: +€100,000
- Receivables within one year -€5,383
down €5,383 (-11.5%), from €46,771 to €41,388
of which Trade receivables: -€4,673
- Cash +€4,381
up €4,381 (+3.2%), from €138,407 to €142,788
mainly Debts after one year (+€56,803) and Trade debts (+€33,501)
- Debts after one year +€56,803
up €56,803 (+136.9%), from €41,504 to €98,307
- Trade debts +€33,501
up €33,501 (+38.0%), from €88,249 to €121,749
- Reserves +€18,689
up €18,689 (+37.8%), from €49,465 to €68,153
- Accrued charges and deferred income -€7,110
no longer reported in 2025 (was €7,110)
- Tax, wage and social debts +€5,339
up €5,339 (+37.8%), from €14,129 to €19,468
of which Taxes: +€5,245
- Financial charges -€81,820
down €81,820 (-16.4%), from €499,657 to €417,837
- Gross operating margin -€67,818
down €67,818 (-12.0%), from €567,199 to €499,381
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 | €268,060 | €382,470 | +€114,410 | +42.7% |
| Fixed assets | 21/28 | €82,882 | €198,294 | +€115,412 | +139.2% |
| Tangible fixed assets | 22/27 | €82,782 | €198,194 | +€115,412 | +139.4% |
| Land and buildings | 22 | - | €100,000 | +€100,000 | |
| Furniture and vehicles | 24 | €76,622 | €56,465 | -€20,157 | -26.3% |
| Other tangible fixed assets | 26 | €6,161 | €41,729 | +€35,568 | +577.4% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €185,178 | €184,176 | -€1,002 | -0.5% |
| Amounts receivable within one year | 40/41 | €46,771 | €41,388 | -€5,383 | -11.5% |
| Trade receivables | 40 | €46,061 | €41,388 | -€4,673 | -10.1% |
| Other amounts receivable | 41 | €711 | - | -€711 | |
| Cash at bank and in hand | 54/58 | €138,407 | €142,788 | +€4,381 | +3.2% |
| Total equity and liabilities | 10/49 | €268,060 | €382,470 | +€114,410 | +42.7% |
| Equity | 10/15 | €95,093 | €113,782 | +€18,689 | +19.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €49,465 | €68,153 | +€18,689 | +37.8% |
| Distributable reserves | 133 | €49,465 | €68,153 | +€18,689 | +37.8% |
| Profit (loss) carried forward | 14 | €27,028 | €27,028 | = | 0.0% |
| Amounts payable | 17/49 | €172,967 | €268,688 | +€95,721 | +55.3% |
| Amounts payable after more than one year | 17 | €41,504 | €98,307 | +€56,803 | +136.9% |
| Financial debts | 170/4 | €41,504 | €98,307 | +€56,803 | +136.9% |
| Amounts payable within one year | 42/48 | €124,352 | €170,381 | +€46,028 | +37.0% |
| Current portion of amounts payable after more than one year | 42 | €19,975 | €23,197 | +€3,222 | +16.1% |
| Trade debts | 44 | €88,249 | €121,749 | +€33,501 | +38.0% |
| Suppliers | 440/4 | €88,249 | €121,749 | +€33,501 | +38.0% |
| Taxes, remuneration and social security | 45 | €14,129 | €19,468 | +€5,339 | +37.8% |
| Taxes | 450/3 | €11,361 | €16,606 | +€5,245 | +46.2% |
| Remuneration and social security | 454/9 | €2,768 | €2,862 | +€94 | +3.4% |
| Other amounts payable | 47/48 | €2,000 | €5,966 | +€3,966 | +198.3% |
| Accrued charges and deferred income | 492/3 | €7,110 | - | -€7,110 | |
| Remuneration, social security and pensions | 62 | €21,464 | €21,156 | -€309 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,362 | €30,181 | +€3,819 | +14.5% |
| Other operating charges | 640/8 | €1,848 | €3,164 | +€1,316 | +71.2% |
| Gross operating margin | 9900 | €567,199 | €499,381 | -€67,818 | -12.0% |
| Operating profit (loss) | 9901 | €517,525 | €444,880 | -€72,645 | -14.0% |
| Financial income | 75/76B | €1,436 | €2,711 | +€1,275 | +88.8% |
| Recurring financial income | 75 | €1,436 | €2,711 | +€1,275 | +88.8% |
| Financial charges | 65/66B | €499,657 | €417,837 | -€81,820 | -16.4% |
| Recurring financial charges | 65 | €499,657 | €417,837 | -€81,820 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | €19,304 | €29,754 | +€10,450 | +54.1% |
| Income taxes | 67/77 | €6,701 | €11,065 | +€4,364 | +65.1% |
| Profit (loss) for the period | 9904 | €12,603 | €18,689 | +€6,086 | +48.3% |
| Profit (loss) for the period to be appropriated | 9905 | €12,603 | €18,689 | +€6,086 | +48.3% |
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 2 October 2026 via checked.be.