FDC 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.
FDC CONSULT
Largest movements
- Cash -€6,386
down €6,386 (-14.8%), from €43,068 to €36,682
mainly Contributions, distributions and other (-€53,000) and Current investments (-€5,041)
- Current investments +€5,041
up €5,041 (+138.1%), from €3,650 to €8,691
- Tangible fixed assets -€1,078
down €1,078 (-19.7%), from €5,457 to €4,379
of which Furniture and vehicles: -€568
- Tax, wage and social debts -€1,565
down €1,565 (-8.2%), from €19,137 to €17,573
- Current portion of long-term debt -€1,183
no longer reported in 2025 (was €1,183)
- Gross operating margin +€5,225
up €5,225 (+7.8%), from €67,400 to €72,625
- Depreciation -€2,632
down €2,632 (-68.5%), from €3,844 to €1,213
- Staff costs -€1,707
no longer reported in 2025 (was €1,707)
- Taxes +€1,011
up €1,011 (+6.7%), from €15,170 to €16,182
- Other operating charges +€943
up €943 (+92.4%), from €1,020 to €1,963
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 | €71,805 | €70,108 | -€1,697 | -2.4% |
| Fixed assets | 21/28 | €5,457 | €4,379 | -€1,078 | -19.7% |
| Tangible fixed assets | 22/27 | €5,457 | €4,379 | -€1,078 | -19.7% |
| Furniture and vehicles | 24 | €2,628 | €2,060 | -€568 | -21.6% |
| Other tangible fixed assets | 26 | €2,828 | €2,319 | -€510 | -18.0% |
| Current assets | 29/58 | €66,348 | €65,728 | -€620 | -0.9% |
| Amounts receivable within one year | 40/41 | €18,150 | €18,512 | +€362 | +2.0% |
| Trade receivables | 40 | €18,150 | €137 | -€18,013 | -99.2% |
| Other amounts receivable | 41 | - | €18,375 | +€18,375 | |
| Current investments | 50/53 | €3,650 | €8,691 | +€5,041 | +138.1% |
| Cash at bank and in hand | 54/58 | €43,068 | €36,682 | -€6,386 | -14.8% |
| Deferred charges and accrued income | 490/1 | €1,480 | €1,844 | +€364 | +24.6% |
| Total equity and liabilities | 10/49 | €71,805 | €70,108 | -€1,697 | -2.4% |
| Equity | 10/15 | €4,986 | €5,428 | +€441 | +8.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €126 | €568 | +€441 | +349.3% |
| Amounts payable | 17/49 | €66,818 | €64,680 | -€2,138 | -3.2% |
| Amounts payable within one year | 42/48 | €66,818 | €64,680 | -€2,138 | -3.2% |
| Current portion of amounts payable after more than one year | 42 | €1,183 | - | -€1,183 | |
| Financial debts | 43 | €814 | €1,503 | +€689 | +84.6% |
| Credit institutions | 430/8 | €814 | €1,503 | +€689 | +84.6% |
| Trade debts | 44 | €384 | - | -€384 | |
| Suppliers | 440/4 | €384 | - | -€384 | |
| Taxes, remuneration and social security | 45 | €19,137 | €17,573 | -€1,565 | -8.2% |
| Taxes | 450/3 | €19,137 | €17,573 | -€1,565 | -8.2% |
| Other amounts payable | 47/48 | €45,300 | €45,604 | +€304 | +0.7% |
| Remuneration, social security and pensions | 62 | €1,707 | - | -€1,707 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,844 | €1,213 | -€2,632 | -68.5% |
| Other operating charges | 640/8 | €1,020 | €1,963 | +€943 | +92.4% |
| Non-recurring operating charges | 66A | - | €181 | +€181 | |
| Gross operating margin | 9900 | €67,400 | €72,625 | +€5,225 | +7.8% |
| Operating profit (loss) | 9901 | €60,829 | €69,268 | +€8,440 | +13.9% |
| Financial income | 75/76B | - | €532 | +€532 | |
| Recurring financial income | 75 | - | €532 | +€532 | |
| Financial charges | 65/66B | €708 | €177 | -€530 | -74.9% |
| Recurring financial charges | 65 | €708 | €177 | -€530 | -74.9% |
| Profit (loss) for the period before taxes | 9903 | €60,121 | €69,623 | +€9,502 | +15.8% |
| Income taxes | 67/77 | €15,170 | €16,182 | +€1,011 | +6.7% |
| Profit (loss) for the period | 9904 | €44,951 | €53,441 | +€8,491 | +18.9% |
| Profit (loss) for the period to be appropriated | 9905 | €44,951 | €53,441 | +€8,491 | +18.9% |
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 9 October 2026 via checked.be.