FGL CONSULTING: 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.
FGL CONSULTING
Largest movements
- Financial fixed assets -€110,000
no longer reported in 2025 (was €110,000)
- Cash +€28,506
up €28,506 (+94.3%), from €30,215 to €58,721
mainly Investment in fixed assets (net) (+€102,520) and Net result for the year (+€24,321)
- Receivables within one year -€24,210
down €24,210 (-38.7%), from €62,578 to €38,368
of which Trade receivables: -€18,220
- Reserves -€89,000
no longer reported in 2025 (was €89,000)
- Profit (loss) carried forward -€26,545
down €26,545 (-31.5%), from €84,355 to €57,809
- Trade debts +€16,031
up €16,031 (+2226.7%), from €720 to €16,751
- Tax, wage and social debts -€5,186
down €5,186 (-12.7%), from €40,987 to €35,802
- Gross operating margin -€127,323
down €127,323 (-76.3%), from €166,841 to €39,518
- Write-downs -€57,416
no longer reported in 2025 (was €57,416)
- Taxes -€14,477
down €14,477 (-62.2%), from €23,293 to €8,816
- Financial income -€1,756
down €1,756 (-66.8%), from €2,630 to €874
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 | €217,062 | €113,688 | -€103,374 | -47.6% |
| Fixed assets | 21/28 | €124,268 | €16,077 | -€108,191 | -87.1% |
| Tangible fixed assets | 22/27 | €14,268 | €16,077 | +€1,809 | +12.7% |
| Furniture and vehicles | 24 | €8,712 | €11,689 | +€2,977 | +34.2% |
| Other tangible fixed assets | 26 | €5,556 | €4,388 | -€1,168 | -21.0% |
| Financial fixed assets | 28 | €110,000 | - | -€110,000 | |
| Current assets | 29/58 | €92,793 | €97,610 | +€4,817 | +5.2% |
| Amounts receivable within one year | 40/41 | €62,578 | €38,368 | -€24,210 | -38.7% |
| Trade receivables | 40 | €44,200 | €25,980 | -€18,220 | -41.2% |
| Other amounts receivable | 41 | €18,378 | €12,388 | -€5,991 | -32.6% |
| Cash at bank and in hand | 54/58 | €30,215 | €58,721 | +€28,506 | +94.3% |
| Deferred charges and accrued income | 490/1 | - | €521 | +€521 | |
| Total equity and liabilities | 10/49 | €217,062 | €113,688 | -€103,374 | -47.6% |
| Equity | 10/15 | €175,355 | €59,809 | -€115,545 | -65.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €89,000 | - | -€89,000 | |
| Distributable reserves | 133 | €89,000 | - | -€89,000 | |
| Profit (loss) carried forward | 14 | €84,355 | €57,809 | -€26,545 | -31.5% |
| Amounts payable | 17/49 | €41,707 | €53,878 | +€12,171 | +29.2% |
| Amounts payable within one year | 42/48 | €41,707 | €53,878 | +€12,171 | +29.2% |
| Financial debts | 43 | - | €1,326 | +€1,326 | |
| Credit institutions | 430/8 | - | €1,326 | +€1,326 | |
| Trade debts | 44 | €720 | €16,751 | +€16,031 | +2226.7% |
| Suppliers | 440/4 | €720 | €16,751 | +€16,031 | +2226.7% |
| Taxes, remuneration and social security | 45 | €40,987 | €35,802 | -€5,186 | -12.7% |
| Taxes | 450/3 | €40,987 | €35,802 | -€5,186 | -12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,251 | €5,671 | +€420 | +8.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €57,416 | - | -€57,416 | |
| Other operating charges | 640/8 | €332 | €867 | +€535 | +161.2% |
| Gross operating margin | 9900 | €166,841 | €39,518 | -€127,323 | -76.3% |
| Operating profit (loss) | 9901 | €103,842 | €32,979 | -€70,862 | -68.2% |
| Financial income | 75/76B | €2,630 | €874 | -€1,756 | -66.8% |
| Recurring financial income | 75 | €2,630 | €874 | -€1,756 | -66.8% |
| Financial charges | 65/66B | €146 | €716 | +€570 | +390.7% |
| Recurring financial charges | 65 | €146 | €716 | +€570 | +390.7% |
| Profit (loss) for the period before taxes | 9903 | €106,326 | €33,138 | -€73,188 | -68.8% |
| Income taxes | 67/77 | €23,293 | €8,816 | -€14,477 | -62.2% |
| Profit (loss) for the period | 9904 | €83,032 | €24,321 | -€58,711 | -70.7% |
| Profit (loss) for the period to be appropriated | 9905 | €83,032 | €24,321 | -€58,711 | -70.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.