FIAN 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.
FIAN CONSULT
Largest movements
- Current investments +€206,974
up €206,974 (+163%), from €126,813 to €333,787
- Cash -€108,096
down €108,096 (-26.7%), from €405,588 to €297,493
mainly Current investments (-€206,974) and Contributions, distributions and other (-€16,359)
- Receivables within one year -€42,164
down €42,164 (-62.4%), from €67,519 to €25,355
of which Trade receivables: -€47,414
- Reserves +€69,910
up €69,910 (+13.1%), from €533,902 to €603,812
- Revaluation surpluses -€15,526
down €15,526 (-61.1%), from €25,420 to €9,894
- Financial income +€9,316
up €9,316 (+80.5%), from €11,568 to €20,884
- Financial charges -€947
down €947 (-15.1%), from €6,263 to €5,316
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 | €631,225 | €681,609 | +€50,384 | +8.0% |
| Fixed assets | 21/28 | €18,891 | €17,820 | -€1,071 | -5.7% |
| Tangible fixed assets | 22/27 | €18,891 | €17,820 | -€1,071 | -5.7% |
| Furniture and vehicles | 24 | €16,743 | €16,288 | -€455 | -2.7% |
| Other tangible fixed assets | 26 | €2,148 | €1,532 | -€616 | -28.7% |
| Current assets | 29/58 | €612,334 | €663,789 | +€51,455 | +8.4% |
| Amounts receivable within one year | 40/41 | €67,519 | €25,355 | -€42,164 | -62.4% |
| Trade receivables | 40 | €64,384 | €16,970 | -€47,414 | -73.6% |
| Other amounts receivable | 41 | €3,135 | €8,385 | +€5,250 | +167% |
| Current investments | 50/53 | €126,813 | €333,787 | +€206,974 | +163% |
| Cash at bank and in hand | 54/58 | €405,588 | €297,493 | -€108,096 | -26.7% |
| Deferred charges and accrued income | 490/1 | €12,413 | €7,154 | -€5,259 | -42.4% |
| Total equity and liabilities | 10/49 | €631,225 | €681,609 | +€50,384 | +8.0% |
| Equity | 10/15 | €566,947 | €621,336 | +€54,389 | +9.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Revaluation surpluses | 12 | €25,420 | €9,894 | -€15,526 | -61.1% |
| Reserves | 13 | €533,902 | €603,812 | +€69,910 | +13.1% |
| Distributable reserves | 133 | €533,902 | €603,812 | +€69,910 | +13.1% |
| Profit (loss) carried forward | 14 | €1,425 | €1,430 | +€5 | +0.3% |
| Amounts payable | 17/49 | €64,278 | €60,273 | -€4,005 | -6.2% |
| Amounts payable within one year | 42/48 | €64,278 | €60,273 | -€4,005 | -6.2% |
| Trade debts | 44 | €2,970 | €2,155 | -€815 | -27.4% |
| Suppliers | 440/4 | €2,970 | €2,155 | -€815 | -27.4% |
| Taxes, remuneration and social security | 45 | €7,559 | €7,163 | -€396 | -5.2% |
| Taxes | 450/3 | €7,559 | €7,163 | -€396 | -5.2% |
| Other amounts payable | 47/48 | €53,749 | €50,955 | -€2,794 | -5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,804 | €2,557 | -€247 | -8.8% |
| Other operating charges | 640/8 | €1,603 | €1,622 | +€19 | +1.2% |
| Gross operating margin | 9900 | €85,811 | €85,374 | -€437 | -0.5% |
| Operating profit (loss) | 9901 | €81,404 | €81,195 | -€209 | -0.3% |
| Financial income | 75/76B | €11,568 | €20,884 | +€9,316 | +80.5% |
| Recurring financial income | 75 | €11,568 | €20,884 | +€9,316 | +80.5% |
| Financial charges | 65/66B | €6,263 | €5,316 | -€947 | -15.1% |
| Recurring financial charges | 65 | €6,263 | €5,316 | -€947 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | €86,709 | €96,763 | +€10,054 | +11.6% |
| Income taxes | 67/77 | €25,335 | €26,015 | +€680 | +2.7% |
| Profit (loss) for the period | 9904 | €61,374 | €70,748 | +€9,374 | +15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €61,374 | €70,748 | +€9,374 | +15.3% |
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 16 October 2026 via checked.be.