FDFG 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.
FDFG Conseils
Largest movements
- Cash -€50,187
down €50,187 (-38.2%), from €131,274 to €81,087
mainly Contributions, distributions and other (-€195,000) and Receivables within one year (-€47,682)
- Receivables within one year +€47,682
up €47,682 (+26.7%), from €178,297 to €225,978
of which Trade receivables: +€47,630
- Intangible fixed assets -€30,000
down €30,000 (-31.9%), from €93,928 to €63,928
- Reserves -€29,000
down €29,000 (-50.0%), from €58,000 to €29,000
- Debts after one year -€22,579
down €22,579 (-54.0%), from €41,789 to €19,211
- Trade debts +€21,558
up €21,558 (+60.9%), from €35,400 to €56,959
- Write-downs +€14,122
up €14,122, from -€1,354 to €12,768
- Gross operating margin -€6,805
down €6,805 (-2.3%), from €301,346 to €294,541
- Staff costs +€4,254
up €4,254 (+5.5%), from €77,698 to €81,952
- Taxes -€3,704
down €3,704 (-95.7%), from €3,871 to €166
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 | €410,318 | €377,487 | -€32,831 | -8.0% |
| Fixed assets | 21/28 | €95,840 | €64,653 | -€31,187 | -32.5% |
| Intangible fixed assets | 21 | €93,928 | €63,928 | -€30,000 | -31.9% |
| Tangible fixed assets | 22/27 | €1,912 | €725 | -€1,187 | -62.1% |
| Furniture and vehicles | 24 | €1,019 | €191 | -€828 | -81.3% |
| Other tangible fixed assets | 26 | €893 | €534 | -€359 | -40.2% |
| Current assets | 29/58 | €314,478 | €312,834 | -€1,644 | -0.5% |
| Amounts receivable within one year | 40/41 | €178,297 | €225,978 | +€47,682 | +26.7% |
| Trade receivables | 40 | €177,833 | €225,463 | +€47,630 | +26.8% |
| Other amounts receivable | 41 | €464 | €516 | +€52 | +11.2% |
| Cash at bank and in hand | 54/58 | €131,274 | €81,087 | -€50,187 | -38.2% |
| Deferred charges and accrued income | 490/1 | €4,906 | €5,768 | +€862 | +17.6% |
| Total equity and liabilities | 10/49 | €410,318 | €377,487 | -€32,831 | -8.0% |
| Equity | 10/15 | €73,380 | €44,011 | -€29,369 | -40.0% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €58,000 | €29,000 | -€29,000 | -50.0% |
| Distributable reserves | 133 | €58,000 | €29,000 | -€29,000 | -50.0% |
| Profit (loss) carried forward | 14 | €380 | €11 | -€369 | -97.1% |
| Amounts payable | 17/49 | €336,938 | €333,476 | -€3,462 | -1.0% |
| Amounts payable after more than one year | 17 | €41,789 | €19,211 | -€22,579 | -54.0% |
| Financial debts | 170/4 | €41,789 | €19,211 | -€22,579 | -54.0% |
| Amounts payable within one year | 42/48 | €295,149 | €314,265 | +€19,116 | +6.5% |
| Current portion of amounts payable after more than one year | 42 | €22,072 | €22,579 | +€507 | +2.3% |
| Trade debts | 44 | €35,400 | €56,959 | +€21,558 | +60.9% |
| Suppliers | 440/4 | €35,400 | €56,959 | +€21,558 | +60.9% |
| Taxes, remuneration and social security | 45 | €42,677 | €39,728 | -€2,949 | -6.9% |
| Taxes | 450/3 | €28,365 | €24,414 | -€3,951 | -13.9% |
| Remuneration and social security | 454/9 | €14,312 | €15,314 | +€1,002 | +7.0% |
| Other amounts payable | 47/48 | €195,000 | €195,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €77,698 | €81,952 | +€4,254 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,548 | €31,187 | -€360 | -1.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,354 | €12,768 | +€14,122 | |
| Other operating charges | 640/8 | €716 | €760 | +€44 | +6.2% |
| Non-recurring operating charges | 66A | €180 | €0 | -€180 | -100.0% |
| Gross operating margin | 9900 | €301,346 | €294,541 | -€6,805 | -2.3% |
| Operating profit (loss) | 9901 | €192,558 | €167,873 | -€24,685 | -12.8% |
| Financial income | 75/76B | €6 | €0 | -€6 | -100.0% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -100.0% |
| Financial charges | 65/66B | €2,798 | €2,075 | -€723 | -25.8% |
| Recurring financial charges | 65 | €2,798 | €2,075 | -€723 | -25.8% |
| Profit (loss) for the period before taxes | 9903 | €189,766 | €165,797 | -€23,968 | -12.6% |
| Income taxes | 67/77 | €3,871 | €166 | -€3,704 | -95.7% |
| Profit (loss) for the period | 9904 | €185,895 | €165,631 | -€20,264 | -10.9% |
| Profit (loss) for the period to be appropriated | 9905 | €185,895 | €165,631 | -€20,264 | -10.9% |
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 7 October 2026 via checked.be.