FEJ CONSULTANCY: 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.
FEJ CONSULTANCY
Largest movements
- Cash +€57,234
up €57,234 (+231.6%), from €24,713 to €81,947
mainly Net result for the year (+€67,234) and Debts after one year (+€25,562)
- Tangible fixed assets +€34,259
new in 2025: €34,259
of which Leasing and similar rights: +€32,383
- Receivables within one year +€10,639
up €10,639 (+52.1%), from €20,412 to €31,051
of which Other amounts receivable: +€9,427
- Profit (loss) carried forward +€57,781
no longer reported in 2025 (was -€57,781)
- Debts after one year +€25,562
new in 2025: €25,562
- Reserves +€9,453
new in 2025: €9,453
- Current portion of long-term debt +€6,813
new in 2025: €6,813
- Tax, wage and social debts +€2,649
new in 2025: €2,649
- Taxes -€20,339
down €20,339 (-74.2%), from €27,418 to €7,079
- Gross operating margin +€14,191
up €14,191 (+22.8%), from €62,111 to €76,302
- Depreciation +€1,179
new in 2025: €1,179
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 | €45,125 | €147,257 | +€102,132 | +226.3% |
| Fixed assets | 21/28 | - | €34,259 | +€34,259 | |
| Tangible fixed assets | 22/27 | - | €34,259 | +€34,259 | |
| Plant, machinery and equipment | 23 | - | €1,875 | +€1,875 | |
| Leasing and similar rights | 25 | - | €32,383 | +€32,383 | |
| Current assets | 29/58 | €45,125 | €112,998 | +€67,873 | +150.4% |
| Amounts receivable within one year | 40/41 | €20,412 | €31,051 | +€10,639 | +52.1% |
| Trade receivables | 40 | €15,473 | €16,685 | +€1,212 | +7.8% |
| Other amounts receivable | 41 | €4,939 | €14,366 | +€9,427 | +190.9% |
| Cash at bank and in hand | 54/58 | €24,713 | €81,947 | +€57,234 | +231.6% |
| Total equity and liabilities | 10/49 | €45,125 | €147,257 | +€102,132 | +226.3% |
| Equity | 10/15 | -€37,781 | €29,453 | +€67,234 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | - | €9,453 | +€9,453 | |
| Non-distributable reserves | 130/1 | - | €9,453 | +€9,453 | |
| Reserves not available under the articles | 1311 | - | €9,453 | +€9,453 | |
| Profit (loss) carried forward | 14 | -€57,781 | - | +€57,781 | |
| Amounts payable | 17/49 | €82,906 | €117,804 | +€34,898 | +42.1% |
| Amounts payable after more than one year | 17 | - | €25,562 | +€25,562 | |
| Financial debts | 170/4 | - | €25,562 | +€25,562 | |
| Amounts payable within one year | 42/48 | €82,906 | €92,242 | +€9,336 | +11.3% |
| Current portion of amounts payable after more than one year | 42 | - | €6,813 | +€6,813 | |
| Trade debts | 44 | €151 | €29 | -€122 | -80.9% |
| Suppliers | 440/4 | €151 | €29 | -€122 | -80.9% |
| Taxes, remuneration and social security | 45 | - | €2,649 | +€2,649 | |
| Taxes | 450/3 | - | €2,649 | +€2,649 | |
| Other amounts payable | 47/48 | €82,755 | €82,751 | -€5 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,179 | +€1,179 | |
| Other operating charges | 640/8 | €476 | €597 | +€120 | +25.3% |
| Gross operating margin | 9900 | €62,111 | €76,302 | +€14,191 | +22.8% |
| Operating profit (loss) | 9901 | €61,635 | €74,526 | +€12,892 | +20.9% |
| Financial income | 75/76B | - | €12 | +€12 | |
| Recurring financial income | 75 | - | €12 | +€12 | |
| Financial charges | 65/66B | €39 | €225 | +€186 | +476.9% |
| Recurring financial charges | 65 | €39 | €225 | +€186 | +476.9% |
| Profit (loss) for the period before taxes | 9903 | €61,596 | €74,313 | +€12,717 | +20.6% |
| Income taxes | 67/77 | €27,418 | €7,079 | -€20,339 | -74.2% |
| Profit (loss) for the period | 9904 | €34,178 | €67,234 | +€33,056 | +96.7% |
| Profit (loss) for the period to be appropriated | 9905 | €34,178 | €67,234 | +€33,056 | +96.7% |
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.