FDS CONSULT: 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.
FDS CONSULT
Largest movements
- Tangible fixed assets +€1.8m
up €1.8m (+108.5%), from €1.6m to €3.4m
of which Land and buildings: +€1.8m
- Receivables within one year -€606,679
down €606,679 (-94.4%), from €642,810 to €36,131
of which Trade receivables: -€596,400
- Cash +€361,317
up €361,317 (+289.2%), from €124,952 to €486,269
mainly Debts after one year (+€860,398) and Receivables within one year (+€606,679)
- Debts after one year +€860,398
up €860,398 (+89.2%), from €964,607 to €1.8m
- Reserves +€256,889
up €256,889 (+70.2%), from €365,783 to €622,673
- Other debts +€149,575
up €149,575 (+19.9%), from €752,637 to €902,212
- Tax, wage and social debts +€128,122
up €128,122 (+123.4%), from €103,851 to €231,972
of which Taxes: +€128,122
- Current portion of long-term debt +€116,662
new in 2025: €116,662
- Gross operating margin +€322,372
up €322,372 (+73.3%), from €439,992 to €762,364
- Depreciation +€165,634
up €165,634 (+74.8%), from €221,566 to €387,200
- Taxes +€34,449
up €34,449 (+63.8%), from €54,016 to €88,465
- Financial charges +€31,291
up €31,291 (+88.8%), from €35,247 to €66,538
- Financial income +€19,354
up €19,354 (+90.4%), from €21,405 to €40,759
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 | €2,404,267 | €3,934,515 | +€1.5m | +63.6% |
| Fixed assets | 21/28 | €1,636,505 | €3,412,112 | +€1.8m | +108.5% |
| Tangible fixed assets | 22/27 | €1,636,505 | €3,412,112 | +€1.8m | +108.5% |
| Land and buildings | 22 | €1,575,253 | €3,344,380 | +€1.8m | +112.3% |
| Furniture and vehicles | 24 | €61,252 | €67,732 | +€6,480 | +10.6% |
| Current assets | 29/58 | €767,762 | €522,403 | -€245,359 | -32.0% |
| Amounts receivable within one year | 40/41 | €642,810 | €36,131 | -€606,679 | -94.4% |
| Trade receivables | 40 | €632,400 | €36,000 | -€596,400 | -94.3% |
| Other amounts receivable | 41 | €10,410 | €131 | -€10,279 | -98.7% |
| Cash at bank and in hand | 54/58 | €124,952 | €486,269 | +€361,317 | +289.2% |
| Deferred charges and accrued income | 490/1 | - | €3 | +€3 | |
| Total equity and liabilities | 10/49 | €2,404,267 | €3,934,515 | +€1.5m | +63.6% |
| Equity | 10/15 | €384,383 | €641,273 | +€256,889 | +66.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €365,783 | €622,673 | +€256,889 | +70.2% |
| Distributable reserves | 133 | €365,783 | €622,673 | +€256,889 | +70.2% |
| Amounts payable | 17/49 | €2,019,884 | €3,293,242 | +€1.3m | +63.0% |
| Amounts payable after more than one year | 17 | €964,607 | €1,825,005 | +€860,398 | +89.2% |
| Financial debts | 170/4 | €964,607 | €1,825,005 | +€860,398 | +89.2% |
| Amounts payable within one year | 42/48 | €1,037,277 | €1,416,487 | +€379,210 | +36.6% |
| Current portion of amounts payable after more than one year | 42 | - | €116,662 | +€116,662 | |
| Trade debts | 44 | €180,789 | €165,640 | -€15,148 | -8.4% |
| Suppliers | 440/4 | €180,789 | €165,640 | -€15,148 | -8.4% |
| Taxes, remuneration and social security | 45 | €103,851 | €231,972 | +€128,122 | +123.4% |
| Taxes | 450/3 | €101,101 | €229,222 | +€128,122 | +126.7% |
| Remuneration and social security | 454/9 | €2,750 | €2,750 | = | 0.0% |
| Other amounts payable | 47/48 | €752,637 | €902,212 | +€149,575 | +19.9% |
| Accrued charges and deferred income | 492/3 | €18,000 | €51,750 | +€33,750 | +187.5% |
| Non-recurring operating income | 76A | - | €137,132 | +€137,132 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €221,566 | €387,200 | +€165,634 | +74.8% |
| Other operating charges | 640/8 | €4,455 | €4,030 | -€424 | -9.5% |
| Gross operating margin | 9900 | €439,992 | €762,364 | +€322,372 | +73.3% |
| Operating profit (loss) | 9901 | €213,972 | €371,134 | +€157,162 | +73.4% |
| Financial income | 75/76B | €21,405 | €40,759 | +€19,354 | +90.4% |
| Recurring financial income | 75 | €21,405 | €40,759 | +€19,354 | +90.4% |
| Financial charges | 65/66B | €35,247 | €66,538 | +€31,291 | +88.8% |
| Recurring financial charges | 65 | €35,247 | €66,538 | +€31,291 | +88.8% |
| Profit (loss) for the period before taxes | 9903 | €200,129 | €345,355 | +€145,226 | +72.6% |
| Income taxes | 67/77 | €54,016 | €88,465 | +€34,449 | +63.8% |
| Profit (loss) for the period | 9904 | €146,113 | €256,889 | +€110,776 | +75.8% |
| Profit (loss) for the period to be appropriated | 9905 | €146,113 | €256,889 | +€110,776 | +75.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.