FD 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.
FD Consult
Largest movements
- Cash -€60,794
down €60,794 (-37.5%), from €162,173 to €101,379
mainly Contributions, distributions and other (-€91,599) and Other debts (-€62,639)
- Other debts -€62,639
down €62,639 (-40.6%), from €154,238 to €91,599
- Gross operating margin +€7,182
up €7,182 (+6.5%), from €110,605 to €117,787
- Financial income -€2,963
down €2,963 (-100%), from €2,963 to €0
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 | €182,756 | €120,247 | -€62,509 | -34.2% |
| Fixed assets | 21/28 | €1,178 | €950 | -€229 | -19.4% |
| Tangible fixed assets | 22/27 | €1,028 | €800 | -€229 | -22.2% |
| Furniture and vehicles | 24 | €1,028 | €800 | -€229 | -22.2% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €181,577 | €119,297 | -€62,280 | -34.3% |
| Amounts receivable within one year | 40/41 | €19,301 | €17,823 | -€1,478 | -7.7% |
| Trade receivables | 40 | €16,867 | €17,364 | +€496 | +2.9% |
| Other amounts receivable | 41 | €2,433 | €459 | -€1,974 | -81.1% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €162,173 | €101,379 | -€60,794 | -37.5% |
| Deferred charges and accrued income | 490/1 | €104 | €95 | -€9 | -8.3% |
| Total equity and liabilities | 10/49 | €182,756 | €120,247 | -€62,509 | -34.2% |
| Equity | 10/15 | €18,690 | €18,690 | = | 0.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €140 | €140 | = | 0.0% |
| Tax-exempt reserves | 132 | €140 | €140 | = | 0.0% |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €164,066 | €101,557 | -€62,509 | -38.1% |
| Amounts payable within one year | 42/48 | €164,066 | €101,557 | -€62,509 | -38.1% |
| Financial debts | 43 | €27 | €0 | -€27 | -100% |
| Credit institutions | 430/8 | €27 | €0 | -€27 | -100% |
| Trade debts | 44 | €771 | €809 | +€37 | +4.9% |
| Suppliers | 440/4 | €771 | €809 | +€37 | +4.9% |
| Taxes, remuneration and social security | 45 | €9,030 | €9,150 | +€120 | +1.3% |
| Taxes | 450/3 | €9,030 | €9,150 | +€120 | +1.3% |
| Other amounts payable | 47/48 | €154,238 | €91,599 | -€62,639 | -40.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €920 | €1,235 | +€315 | +34.3% |
| Other operating charges | 640/8 | €553 | €548 | -€5 | -0.9% |
| Gross operating margin | 9900 | €110,605 | €117,787 | +€7,182 | +6.5% |
| Operating profit (loss) | 9901 | €109,131 | €116,003 | +€6,872 | +6.3% |
| Financial income | 75/76B | €2,963 | €0 | -€2,963 | -100% |
| Recurring financial income | 75 | €2,963 | €0 | -€2,963 | -100% |
| Financial charges | 65/66B | €137 | €153 | +€16 | +11.9% |
| Recurring financial charges | 65 | €137 | €153 | +€16 | +11.9% |
| Profit (loss) for the period before taxes | 9903 | €111,957 | €115,849 | +€3,893 | +3.5% |
| Income taxes | 67/77 | €23,303 | €24,250 | +€947 | +4.1% |
| Profit (loss) for the period | 9904 | €88,653 | €91,599 | +€2,946 | +3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €88,653 | €91,599 | +€2,946 | +3.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.