Feli 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.
Feli Consult
Largest movements
- Current investments +€84,000
new in 2025: €84,000
- Receivables within one year +€14,370
new in 2025: €14,370
of which Trade receivables: +€12,705
- Cash +€6,611
up €6,611 (+16.6%), from €39,834 to €46,445
mainly Net result for the year (+€101,487) and Tax, wage and social debts (+€6,793)
- Reserves +€101,487
up €101,487 (+326.1%), from €31,125 to €132,611
- Tax, wage and social debts +€6,793
up €6,793 (+110.2%), from €6,162 to €12,954
of which Taxes: +€3,853
- Other debts -€4,012
no longer reported in 2025 (was €4,012)
- Gross operating margin +€86,755
up €86,755 (+196.2%), from €44,228 to €130,982
- Taxes +€19,729
up €19,729 (+248.7%), from €7,934 to €27,663
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 | €47,199 | €151,483 | +€104,284 | +220.9% |
| Fixed assets | 21/28 | €7,365 | €6,667 | -€698 | -9.5% |
| Tangible fixed assets | 22/27 | €7,365 | €6,667 | -€698 | -9.5% |
| Plant, machinery and equipment | 23 | - | €1,002 | +€1,002 | |
| Furniture and vehicles | 24 | €7,365 | €5,665 | -€1,700 | -23.1% |
| Current assets | 29/58 | €39,834 | €144,815 | +€104,981 | +263.5% |
| Amounts receivable within one year | 40/41 | - | €14,370 | +€14,370 | |
| Trade receivables | 40 | - | €12,705 | +€12,705 | |
| Other amounts receivable | 41 | - | €1,665 | +€1,665 | |
| Current investments | 50/53 | - | €84,000 | +€84,000 | |
| Cash at bank and in hand | 54/58 | €39,834 | €46,445 | +€6,611 | +16.6% |
| Total equity and liabilities | 10/49 | €47,199 | €151,483 | +€104,284 | +220.9% |
| Equity | 10/15 | €36,125 | €137,611 | +€101,487 | +280.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €31,125 | €132,611 | +€101,487 | +326.1% |
| Distributable reserves | 133 | €31,125 | €132,611 | +€101,487 | +326.1% |
| Amounts payable | 17/49 | €11,074 | €13,871 | +€2,797 | +25.3% |
| Amounts payable within one year | 42/48 | €11,074 | €12,954 | +€1,880 | +17.0% |
| Trade debts | 44 | €893 | - | -€893 | |
| Suppliers | 440/4 | €893 | - | -€893 | |
| Advances received on contracts in progress | 46 | €7 | - | -€7 | |
| Taxes, remuneration and social security | 45 | €6,162 | €12,954 | +€6,793 | +110.2% |
| Taxes | 450/3 | €6,162 | €10,014 | +€3,853 | +62.5% |
| Remuneration and social security | 454/9 | - | €2,940 | +€2,940 | |
| Other amounts payable | 47/48 | €4,012 | - | -€4,012 | |
| Accrued charges and deferred income | 492/3 | - | €917 | +€917 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €969 | €2,165 | +€1,196 | +123.4% |
| Gross operating margin | 9900 | €44,228 | €130,982 | +€86,755 | +196.2% |
| Operating profit (loss) | 9901 | €43,259 | €128,818 | +€85,559 | +197.8% |
| Financial income | 75/76B | - | €848 | +€848 | |
| Recurring financial income | 75 | - | €848 | +€848 | |
| Financial charges | 65/66B | €0 | €517 | +€517 | +5165300.0% |
| Recurring financial charges | 65 | €0 | €517 | +€517 | +5165300.0% |
| Profit (loss) for the period before taxes | 9903 | €43,259 | €129,150 | +€85,891 | +198.6% |
| Income taxes | 67/77 | €7,934 | €27,663 | +€19,729 | +248.7% |
| Profit (loss) for the period | 9904 | €35,325 | €101,487 | +€66,162 | +187.3% |
| Profit (loss) for the period to be appropriated | 9905 | €35,325 | €101,487 | +€66,162 | +187.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.