FENNE CONSULTING: 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.
FENNE CONSULTING
Largest movements
- Current investments -€10,000
down €10,000 (-100%), from €10,000 to €0
- Receivables within one year +€8,234
up €8,234 (+67.0%), from €12,295 to €20,529
of which Trade receivables: +€8,664
- Cash +€4,765
up €4,765 (+13.4%), from €35,648 to €40,413
mainly Net result for the year (+€42,788) and Current investments (+€10,000)
- Tangible fixed assets +€4,102
up €4,102 (+18.8%), from €21,873 to €25,976
of which Other tangible fixed assets: +€4,299
- Tax, wage and social debts +€6,147
up €6,147 (+139%), from €4,428 to €10,574
- Other debts +€881
up €881 (+37.5%), from €2,348 to €3,229
- Gross operating margin +€19,238
up €19,238 (+49.0%), from €39,270 to €58,508
- Taxes +€3,747
up €3,747 (+49.5%), from €7,571 to €11,318
- Financial charges +€742
up €742 (+319%), from €233 to €975
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 | €80,810 | €87,852 | +€7,042 | +8.7% |
| Fixed assets | 21/28 | €21,873 | €25,976 | +€4,102 | +18.8% |
| Tangible fixed assets | 22/27 | €21,873 | €25,976 | +€4,102 | +18.8% |
| Furniture and vehicles | 24 | €237 | €41 | -€196 | -82.9% |
| Other tangible fixed assets | 26 | €21,636 | €25,935 | +€4,299 | +19.9% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €58,937 | €61,877 | +€2,939 | +5.0% |
| Amounts receivable within one year | 40/41 | €12,295 | €20,529 | +€8,234 | +67.0% |
| Trade receivables | 40 | €11,865 | €20,529 | +€8,664 | +73.0% |
| Other amounts receivable | 41 | €430 | €0 | -€430 | -100% |
| Current investments | 50/53 | €10,000 | €0 | -€10,000 | -100% |
| Cash at bank and in hand | 54/58 | €35,648 | €40,413 | +€4,765 | +13.4% |
| Deferred charges and accrued income | 490/1 | €994 | €935 | -€59 | -5.9% |
| Total equity and liabilities | 10/49 | €80,810 | €87,852 | +€7,042 | +8.7% |
| Equity | 10/15 | €73,388 | €72,942 | -€446 | -0.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,388 | €70,942 | -€446 | -0.6% |
| Amounts payable | 17/49 | €7,423 | €14,910 | +€7,488 | +101% |
| Amounts payable within one year | 42/48 | €7,192 | €14,001 | +€6,809 | +94.7% |
| Trade debts | 44 | €416 | €197 | -€219 | -52.6% |
| Suppliers | 440/4 | €416 | €197 | -€219 | -52.6% |
| Taxes, remuneration and social security | 45 | €4,428 | €10,574 | +€6,147 | +139% |
| Taxes | 450/3 | €4,428 | €10,574 | +€6,147 | +139% |
| Other amounts payable | 47/48 | €2,348 | €3,229 | +€881 | +37.5% |
| Accrued charges and deferred income | 492/3 | €231 | €909 | +€679 | +294% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,771 | €3,319 | +€547 | +19.8% |
| Other operating charges | 640/8 | €545 | €553 | +€8 | +1.5% |
| Gross operating margin | 9900 | €39,270 | €58,508 | +€19,238 | +49.0% |
| Operating profit (loss) | 9901 | €35,954 | €54,637 | +€18,683 | +52.0% |
| Financial income | 75/76B | €4 | €444 | +€440 | +10,115% |
| Recurring financial income | 75 | €4 | €444 | +€440 | +10,115% |
| Financial charges | 65/66B | €233 | €975 | +€742 | +319% |
| Recurring financial charges | 65 | €233 | €975 | +€742 | +319% |
| Profit (loss) for the period before taxes | 9903 | €35,725 | €54,106 | +€18,380 | +51.4% |
| Income taxes | 67/77 | €7,571 | €11,318 | +€3,747 | +49.5% |
| Profit (loss) for the period | 9904 | €28,154 | €42,788 | +€14,633 | +52.0% |
| Profit (loss) for the period to be appropriated | 9905 | €28,154 | €42,788 | +€14,633 | +52.0% |
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 14 October 2026 via checked.be.