FIRST CONSULTING AND MANAGEMENT: 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.
FIRST CONSULTING AND MANAGEMENT
Largest movements
- Tangible fixed assets +€44,241
up €44,241 (+635%), from €6,968 to €51,209
- Receivables within one year +€12,179
up €12,179 (+43.3%), from €28,101 to €40,280
of which Trade receivables: +€11,094
- Cash -€9,475
down €9,475 (-11.5%), from €82,087 to €72,612
mainly Investment in fixed assets (net) (-€48,576) and Receivables within one year (-€12,179)
- Trade debts +€45,673
up €45,673 (+1,025%), from €4,456 to €50,129
- Gross operating margin +€1,839
up €1,839 (+28.7%), from €6,402 to €8,241
- Taxes +€437
up €437 (+32.4%), from €1,350 to €1,787
- Depreciation +€202
up €202 (+4.9%), from €4,133 to €4,335
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 | €119,350 | €166,057 | +€46,706 | +39.1% |
| Fixed assets | 21/28 | €7,051 | €51,292 | +€44,241 | +627% |
| Tangible fixed assets | 22/27 | €6,968 | €51,209 | +€44,241 | +635% |
| Furniture and vehicles | 24 | €6,968 | €51,209 | +€44,241 | +635% |
| Financial fixed assets | 28 | €83 | €83 | = | 0.0% |
| Current assets | 29/58 | €112,299 | €114,764 | +€2,465 | +2.2% |
| Amounts receivable within one year | 40/41 | €28,101 | €40,280 | +€12,179 | +43.3% |
| Trade receivables | 40 | €27,339 | €38,433 | +€11,094 | +40.6% |
| Other amounts receivable | 41 | €762 | €1,847 | +€1,085 | +142% |
| Cash at bank and in hand | 54/58 | €82,087 | €72,612 | -€9,475 | -11.5% |
| Deferred charges and accrued income | 490/1 | €2,111 | €1,872 | -€239 | -11.3% |
| Total equity and liabilities | 10/49 | €119,350 | €166,057 | +€46,706 | +39.1% |
| Equity | 10/15 | €108,513 | €109,315 | +€802 | +0.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €88,108 | €88,910 | +€802 | +0.9% |
| Amounts payable | 17/49 | €10,837 | €56,742 | +€45,904 | +424% |
| Amounts payable within one year | 42/48 | €10,837 | €56,742 | +€45,904 | +424% |
| Trade debts | 44 | €4,456 | €50,129 | +€45,673 | +1,025% |
| Suppliers | 440/4 | €4,456 | €50,129 | +€45,673 | +1,025% |
| Taxes, remuneration and social security | 45 | €6,381 | €6,612 | +€231 | +3.6% |
| Taxes | 450/3 | €6,381 | €6,612 | +€231 | +3.6% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,133 | €4,335 | +€202 | +4.9% |
| Other operating charges | 640/8 | €1,074 | €1,070 | -€5 | -0.4% |
| Gross operating margin | 9900 | €6,402 | €8,241 | +€1,839 | +28.7% |
| Operating profit (loss) | 9901 | €1,194 | €2,837 | +€1,642 | +138% |
| Financial income | 75/76B | €51 | €66 | +€16 | +31.0% |
| Recurring financial income | 75 | €51 | €66 | +€16 | +31.0% |
| Financial charges | 65/66B | €279 | €314 | +€35 | +12.5% |
| Recurring financial charges | 65 | €279 | €314 | +€35 | +12.5% |
| Profit (loss) for the period before taxes | 9903 | €966 | €2,589 | +€1,623 | +168% |
| Income taxes | 67/77 | €1,350 | €1,787 | +€437 | +32.4% |
| Profit (loss) for the period | 9904 | -€384 | €802 | +€1,186 | |
| Profit (loss) for the period to be appropriated | 9905 | -€384 | €802 | +€1,186 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.