FIN-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.
FIN-CONSULT
Largest movements
- Tangible fixed assets +€357,413
up €357,413 (+25.5%), from €1.4m to €1.8m
of which Land and buildings: +€356,232
- Receivables within one year +€268,271
up €268,271 (+23.0%), from €1.2m to €1.4m
of which Trade receivables: +€159,650
- Cash -€151,853
down €151,853 (-9.1%), from €1.7m to €1.5m
mainly Investment in fixed assets (net) (-€419,167) and Receivables within one year (-€268,271)
- Reserves +€368,000
up €368,000 (+8.2%), from €4.5m to €4.8m
- Gross operating margin +€122,537
up €122,537 (+29.5%), from €415,412 to €537,949
- Taxes +€30,630
up €30,630 (+31.0%), from €98,952 to €129,583
- Financial charges +€8,584
up €8,584 (+689%), from €1,246 to €9,830
- Depreciation +€6,660
up €6,660 (+12.1%), from €55,093 to €61,753
- Financial income +€6,223
up €6,223 (+21.2%), from €29,360 to €35,583
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 | €5,382,533 | €5,811,887 | +€429,354 | +8.0% |
| Fixed assets | 21/28 | €1,961,934 | €2,319,348 | +€357,413 | +18.2% |
| Tangible fixed assets | 22/27 | €1,402,316 | €1,759,730 | +€357,413 | +25.5% |
| Land and buildings | 22 | €1,402,065 | €1,758,297 | +€356,232 | +25.4% |
| Plant, machinery and equipment | 23 | €251 | - | -€251 | |
| Furniture and vehicles | 24 | - | €1,433 | +€1,433 | |
| Financial fixed assets | 28 | €559,618 | €559,618 | = | 0.0% |
| Current assets | 29/58 | €3,420,599 | €3,492,539 | +€71,941 | +2.1% |
| Amounts receivable after more than one year | 29 | €91,291 | €45,646 | -€45,646 | -50.0% |
| Other amounts receivable | 291 | €91,291 | €45,646 | -€45,646 | -50.0% |
| Amounts receivable within one year | 40/41 | €1,164,489 | €1,432,760 | +€268,271 | +23.0% |
| Trade receivables | 40 | €139,762 | €299,412 | +€159,650 | +114% |
| Other amounts receivable | 41 | €1,024,727 | €1,133,348 | +€108,621 | +10.6% |
| Current investments | 50/53 | €502,072 | €502,072 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,662,177 | €1,510,324 | -€151,853 | -9.1% |
| Deferred charges and accrued income | 490/1 | €569 | €1,738 | +€1,169 | +205% |
| Total equity and liabilities | 10/49 | €5,382,533 | €5,811,887 | +€429,354 | +8.0% |
| Equity | 10/15 | €5,155,359 | €5,523,359 | +€368,000 | +7.1% |
| Contributions | 10/11 | €676,198 | €676,198 | = | 0.0% |
| Reserves | 13 | €4,479,161 | €4,847,162 | +€368,000 | +8.2% |
| Distributable reserves | 133 | €4,479,161 | €4,847,162 | +€368,000 | +8.2% |
| Amounts payable | 17/49 | €227,174 | €288,527 | +€61,353 | +27.0% |
| Amounts payable within one year | 42/48 | €227,174 | €280,831 | +€53,657 | +23.6% |
| Financial debts | 43 | - | €25,170 | +€25,170 | |
| Credit institutions | 430/8 | - | €25,170 | +€25,170 | |
| Trade debts | 44 | €11,752 | €396 | -€11,355 | -96.6% |
| Suppliers | 440/4 | €11,752 | €396 | -€11,355 | -96.6% |
| Taxes, remuneration and social security | 45 | €95,061 | €130,501 | +€35,440 | +37.3% |
| Taxes | 450/3 | €95,061 | €130,501 | +€35,440 | +37.3% |
| Other amounts payable | 47/48 | €120,361 | €124,765 | +€4,404 | +3.7% |
| Accrued charges and deferred income | 492/3 | - | €7,696 | +€7,696 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,093 | €61,753 | +€6,660 | +12.1% |
| Other operating charges | 640/8 | €4,278 | €4,366 | +€88 | +2.1% |
| Gross operating margin | 9900 | €415,412 | €537,949 | +€122,537 | +29.5% |
| Operating profit (loss) | 9901 | €356,041 | €471,830 | +€115,789 | +32.5% |
| Financial income | 75/76B | €29,360 | €35,583 | +€6,223 | +21.2% |
| Recurring financial income | 75 | €29,360 | €35,583 | +€6,223 | +21.2% |
| Financial charges | 65/66B | €1,246 | €9,830 | +€8,584 | +689% |
| Recurring financial charges | 65 | €1,246 | €9,830 | +€8,584 | +689% |
| Profit (loss) for the period before taxes | 9903 | €384,155 | €497,583 | +€113,428 | +29.5% |
| Income taxes | 67/77 | €98,952 | €129,583 | +€30,630 | +31.0% |
| Profit (loss) for the period | 9904 | €285,203 | €368,000 | +€82,798 | +29.0% |
| Profit (loss) for the period to be appropriated | 9905 | €285,203 | €368,000 | +€82,798 | +29.0% |
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 18 October 2026 via checked.be.