FDR Management Consulting: what changed
FDR Management Consulting
Largest movements
- Cash -€43,666
down €43,666 (-69.4%), from €62,922 to €19,256
mainly Net result for the year (-€29,247) and Receivables within one year (-€16,937)
- Receivables within one year +€16,937
up €16,937 (+18,410%), from €92 to €17,029
- Tangible fixed assets +€6,630
new in 2026: €6,630
- Profit (loss) carried forward -€29,247
down €29,247 (-75.6%), from €38,669 to €9,422
- Other debts +€8,526
up €8,526 (+156%), from €5,456 to €13,982
- Trade debts +€2,659
up €2,659 (+83.4%), from €3,190 to €5,849
- Tax, wage and social debts -€1,743
down €1,743 (-16.3%), from €10,699 to €8,956
of which Taxes: -€3,674
- Gross operating margin -€55,883
down €55,883, from €27,199 to -€28,684
- Taxes -€7,113
down €7,113 (-99.0%), from €7,184 to €71
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €63,014 | €43,209 | -€19,805 | -31.4% |
| Fixed assets | 21/28 | - | €6,630 | +€6,630 | |
| Tangible fixed assets | 22/27 | - | €6,630 | +€6,630 | |
| Furniture and vehicles | 24 | - | €6,630 | +€6,630 | |
| Current assets | 29/58 | €63,014 | €36,579 | -€26,435 | -42.0% |
| Amounts receivable within one year | 40/41 | €92 | €17,029 | +€16,937 | +18,410% |
| Trade receivables | 40 | €92 | €17,029 | +€16,937 | +18,410% |
| Cash at bank and in hand | 54/58 | €62,922 | €19,256 | -€43,666 | -69.4% |
| Deferred charges and accrued income | 490/1 | - | €294 | +€294 | |
| Total equity and liabilities | 10/49 | €63,014 | €43,209 | -€19,805 | -31.4% |
| Equity | 10/15 | €43,669 | €14,422 | -€29,247 | -67.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,669 | €9,422 | -€29,247 | -75.6% |
| Amounts payable | 17/49 | €19,345 | €28,787 | +€9,442 | +48.8% |
| Amounts payable within one year | 42/48 | €19,345 | €28,787 | +€9,442 | +48.8% |
| Trade debts | 44 | €3,190 | €5,849 | +€2,659 | +83.4% |
| Suppliers | 440/4 | €3,190 | €5,849 | +€2,659 | +83.4% |
| Taxes, remuneration and social security | 45 | €10,699 | €8,956 | -€1,743 | -16.3% |
| Taxes | 450/3 | €9,757 | €6,083 | -€3,674 | -37.7% |
| Remuneration and social security | 454/9 | €942 | €2,873 | +€1,931 | +205% |
| Other amounts payable | 47/48 | €5,456 | €13,982 | +€8,526 | +156% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €229 | +€229 | |
| Other operating charges | 640/8 | €64 | €343 | +€279 | +436% |
| Gross operating margin | 9900 | €27,199 | -€28,684 | -€55,883 | |
| Operating profit (loss) | 9901 | €27,135 | -€29,256 | -€56,391 | |
| Financial income | 75/76B | €1 | €194 | +€193 | +19,300% |
| Recurring financial income | 75 | €1 | €194 | +€193 | +19,300% |
| Financial charges | 65/66B | €254 | €114 | -€140 | -55.1% |
| Recurring financial charges | 65 | €254 | €114 | -€140 | -55.1% |
| Profit (loss) for the period before taxes | 9903 | €26,882 | -€29,176 | -€56,058 | |
| Income taxes | 67/77 | €7,184 | €71 | -€7,113 | -99.0% |
| Profit (loss) for the period | 9904 | €19,698 | -€29,247 | -€48,945 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,698 | -€29,247 | -€48,945 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.