FI-VE-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.
FI-VE-CONSULT
Largest movements
- Cash -€83,112
down €83,112 (-61.9%), from €134,280 to €51,168
mainly Contributions, distributions and other (-€330,000) and Debts after one year (-€110,934)
- Tangible fixed assets +€19,723
up €19,723 (+4.8%), from €411,625 to €431,348
of which Furniture and vehicles: +€30,231
- Other debts +€329,018
up €329,018 (+33,508%), from €982 to €330,000
- Reserves -€253,253
down €253,253 (-88.1%), from €287,305 to €34,052
of which Distributable reserves: -€253,253
- Debts after one year -€110,934
down €110,934 (-32.8%), from €338,640 to €227,706
of which Other amounts payable: -€100,000
- Tax, wage and social debts -€26,139
down €26,139 (-54.3%), from €48,103 to €21,964
- Current portion of long-term debt -€9,247
down €9,247 (-45.8%), from €20,200 to €10,953
- Gross operating margin +€21,370
up €21,370 (+21.8%), from €98,158 to €119,528
- Financial charges -€7,328
down €7,328 (-51.5%), from €14,217 to €6,889
- Financial income +€2,012
up €2,012 (+46.2%), from €4,355 to €6,366
- Depreciation +€1,934
up €1,934 (+9.1%), from €21,229 to €23,163
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 | €695,330 | €624,775 | -€70,555 | -10.1% |
| Fixed assets | 21/28 | €528,625 | €541,598 | +€12,973 | +2.5% |
| Tangible fixed assets | 22/27 | €411,625 | €431,348 | +€19,723 | +4.8% |
| Land and buildings | 22 | €387,935 | €377,855 | -€10,080 | -2.6% |
| Plant, machinery and equipment | 23 | €1,168 | €739 | -€429 | -36.7% |
| Furniture and vehicles | 24 | €22,523 | €52,754 | +€30,231 | +134% |
| Financial fixed assets | 28 | €117,000 | €110,250 | -€6,750 | -5.8% |
| Current assets | 29/58 | €166,704 | €83,177 | -€83,527 | -50.1% |
| Amounts receivable within one year | 40/41 | €32,424 | €32,009 | -€415 | -1.3% |
| Trade receivables | 40 | €32,167 | €29,351 | -€2,816 | -8.8% |
| Other amounts receivable | 41 | €257 | €2,658 | +€2,401 | +936% |
| Cash at bank and in hand | 54/58 | €134,280 | €51,168 | -€83,112 | -61.9% |
| Total equity and liabilities | 10/49 | €695,330 | €624,775 | -€70,555 | -10.1% |
| Equity | 10/15 | €287,405 | €34,152 | -€253,253 | -88.1% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €287,305 | €34,052 | -€253,253 | -88.1% |
| Non-distributable reserves | 130/1 | €10 | €10 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10 | €10 | = | 0.0% |
| Tax-exempt reserves | 132 | €547 | €547 | = | 0.0% |
| Distributable reserves | 133 | €286,748 | €33,494 | -€253,253 | -88.3% |
| Amounts payable | 17/49 | €407,925 | €590,623 | +€182,698 | +44.8% |
| Amounts payable after more than one year | 17 | €338,640 | €227,706 | -€110,934 | -32.8% |
| Financial debts | 170/4 | €138,640 | €127,706 | -€10,934 | -7.9% |
| Other amounts payable | 178/9 | €200,000 | €100,000 | -€100,000 | -50.0% |
| Amounts payable within one year | 42/48 | €69,285 | €362,917 | +€293,632 | +424% |
| Current portion of amounts payable after more than one year | 42 | €20,200 | €10,953 | -€9,247 | -45.8% |
| Taxes, remuneration and social security | 45 | €48,103 | €21,964 | -€26,139 | -54.3% |
| Taxes | 450/3 | €48,103 | €21,964 | -€26,139 | -54.3% |
| Other amounts payable | 47/48 | €982 | €330,000 | +€329,018 | +33,508% |
| Non-recurring operating income | 76A | - | €500 | +€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,229 | €23,163 | +€1,934 | +9.1% |
| Other operating charges | 640/8 | €1,902 | €3,095 | +€1,193 | +62.7% |
| Gross operating margin | 9900 | €98,158 | €119,528 | +€21,370 | +21.8% |
| Operating profit (loss) | 9901 | €75,026 | €93,269 | +€18,243 | +24.3% |
| Financial income | 75/76B | €4,355 | €6,366 | +€2,012 | +46.2% |
| Recurring financial income | 75 | €4,355 | €6,366 | +€2,012 | +46.2% |
| Financial charges | 65/66B | €14,217 | €6,889 | -€7,328 | -51.5% |
| Recurring financial charges | 65 | €14,217 | €6,889 | -€7,328 | -51.5% |
| Profit (loss) for the period before taxes | 9903 | €65,164 | €92,747 | +€27,583 | +42.3% |
| Income taxes | 67/77 | €15,100 | €16,000 | +€900 | +6.0% |
| Profit (loss) for the period | 9904 | €50,064 | €76,747 | +€26,683 | +53.3% |
| Profit (loss) for the period to be appropriated | 9905 | €50,064 | €76,747 | +€26,683 | +53.3% |
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 19 October 2026 via checked.be.