FEM-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.
FEM-CONSULT
Largest movements
- Current investments +€25,000
up €25,000 (+33.3%), from €75,000 to €100,000
- Cash +€15,955
up €15,955 (+31.1%), from €51,331 to €67,286
mainly Net result for the year (+€51,806) and Receivables within one year (+€5,945)
- Receivables within one year -€5,945
down €5,945 (-48.3%), from €12,303 to €6,358
of which Other amounts receivable: -€5,945
- Reserves +€49,947
up €49,947 (+48.8%), from €102,358 to €152,305
of which Distributable reserves: +€51,806
- Other debts -€9,640
down €9,640 (-83.8%), from €11,499 to €1,859
- Tax, wage and social debts -€5,584
down €5,584 (-46.3%), from €12,072 to €6,488
- Gross operating margin +€20,873
up €20,873 (+36.5%), from €57,109 to €77,981
- Taxes +€7,255
up €7,255 (+37.3%), from €19,476 to €26,731
- Staff costs -€1,568
down €1,568 (-100%), from €1,568 to €0
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.
Derived cash bridge
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 | €138,634 | €173,644 | +€35,010 | +25.3% |
| Current assets | 29/58 | €138,634 | €173,644 | +€35,010 | +25.3% |
| Amounts receivable within one year | 40/41 | €12,303 | €6,358 | -€5,945 | -48.3% |
| Trade receivables | 40 | €1,099 | €1,099 | = | 0.0% |
| Other amounts receivable | 41 | €11,204 | €5,259 | -€5,945 | -53.1% |
| Current investments | 50/53 | €75,000 | €100,000 | +€25,000 | +33.3% |
| Cash at bank and in hand | 54/58 | €51,331 | €67,286 | +€15,955 | +31.1% |
| Total equity and liabilities | 10/49 | €138,634 | €173,644 | +€35,010 | +25.3% |
| Equity | 10/15 | €113,513 | €163,460 | +€49,947 | +44.0% |
| Contributions | 10/11 | €11,155 | €11,155 | = | 0.0% |
| Reserves | 13 | €102,358 | €152,305 | +€49,947 | +48.8% |
| Non-distributable reserves | 130/1 | €1,859 | €0 | -€1,859 | -100% |
| Reserves not available under the articles | 1311 | €1,859 | €0 | -€1,859 | -100% |
| Distributable reserves | 133 | €100,499 | €152,305 | +€51,806 | +51.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €25,121 | €10,185 | -€14,936 | -59.5% |
| Amounts payable within one year | 42/48 | €25,121 | €10,185 | -€14,936 | -59.5% |
| Trade debts | 44 | €1,550 | €1,837 | +€287 | +18.5% |
| Suppliers | 440/4 | €1,550 | €1,837 | +€287 | +18.5% |
| Taxes, remuneration and social security | 45 | €12,072 | €6,488 | -€5,584 | -46.3% |
| Taxes | 450/3 | €12,072 | €6,488 | -€5,584 | -46.3% |
| Other amounts payable | 47/48 | €11,499 | €1,859 | -€9,640 | -83.8% |
| Remuneration, social security and pensions | 62 | €1,568 | €0 | -€1,568 | -100% |
| Other operating charges | 640/8 | €899 | €928 | +€30 | +3.3% |
| Gross operating margin | 9900 | €57,109 | €77,981 | +€20,873 | +36.5% |
| Operating profit (loss) | 9901 | €54,642 | €77,053 | +€22,411 | +41.0% |
| Financial income | 75/76B | €1,943 | €1,641 | -€302 | -15.6% |
| Recurring financial income | 75 | €1,943 | €1,641 | -€302 | -15.6% |
| Financial charges | 65/66B | €296 | €157 | -€139 | -46.9% |
| Recurring financial charges | 65 | €296 | €157 | -€139 | -46.9% |
| Profit (loss) for the period before taxes | 9903 | €56,289 | €78,537 | +€22,247 | +39.5% |
| Income taxes | 67/77 | €19,476 | €26,731 | +€7,255 | +37.3% |
| Profit (loss) for the period | 9904 | €36,814 | €51,806 | +€14,992 | +40.7% |
| Profit (loss) for the period to be appropriated | 9905 | €36,814 | €51,806 | +€14,992 | +40.7% |
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 23 October 2026 via checked.be.