FISCAL CONSULTANT: 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.
FISCAL CONSULTANT
Largest movements
- Tangible fixed assets +€207,605
up €207,605 (+200%), from €103,639 to €311,243
of which Land and buildings: +€201,241
- Cash -€99,305
down €99,305 (-36.6%), from €271,654 to €172,349
mainly Investment in fixed assets (net) (-€243,812) and Contributions, distributions and other (-€64,463)
- Receivables within one year +€6,195
up €6,195 (+7.4%), from €83,331 to €89,526
of which Other amounts receivable: +€3,878
- Debts after one year +€126,011
up €126,011 (+812%), from €15,511 to €141,522
- Reserves -€30,000
down €30,000 (-29.8%), from €100,620 to €70,620
- Current portion of long-term debt +€12,038
up €12,038 (+101%), from €11,951 to €23,989
- Other operating charges +€33,298
up €33,298 (+1,084%), from €3,073 to €36,371
- Staff costs +€16,022
up €16,022 (+17.1%), from €93,683 to €109,705
- Gross operating margin +€11,897
up €11,897 (+5.2%), from €227,847 to €239,744
- Depreciation +€6,786
up €6,786 (+23.1%), from €29,422 to €36,207
- Taxes -€5,693
down €5,693 (-22.5%), from €25,292 to €19,598
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 | €459,843 | €574,148 | +€114,304 | +24.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €103,699 | €311,303 | +€207,605 | +200% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €103,639 | €311,243 | +€207,605 | +200% |
| Land and buildings | 22 | €34,090 | €235,331 | +€201,241 | +590% |
| Plant, machinery and equipment | 23 | €1,027 | €0 | -€1,027 | -100% |
| Furniture and vehicles | 24 | €43,713 | €30,952 | -€12,761 | -29.2% |
| Other tangible fixed assets | 26 | €24,809 | €44,960 | +€20,152 | +81.2% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €356,145 | €262,844 | -€93,300 | -26.2% |
| Amounts receivable within one year | 40/41 | €83,331 | €89,526 | +€6,195 | +7.4% |
| Trade receivables | 40 | €83,225 | €85,542 | +€2,317 | +2.8% |
| Other amounts receivable | 41 | €106 | €3,984 | +€3,878 | +3,648% |
| Cash at bank and in hand | 54/58 | €271,654 | €172,349 | -€99,305 | -36.6% |
| Deferred charges and accrued income | 490/1 | €1,160 | €969 | -€191 | -16.4% |
| Total equity and liabilities | 10/49 | €459,843 | €574,148 | +€114,304 | +24.9% |
| Equity | 10/15 | €367,406 | €339,034 | -€28,373 | -7.7% |
| Reserves | 13 | €100,620 | €70,620 | -€30,000 | -29.8% |
| Non-distributable reserves | 130/1 | €100,620 | €70,620 | -€30,000 | -29.8% |
| Reserves not available under the articles | 1311 | €620 | €620 | = | 0.0% |
| Other | 1319 | €100,000 | €70,000 | -€30,000 | -30.0% |
| Profit (loss) carried forward | 14 | €266,786 | €268,414 | +€1,627 | +0.6% |
| Amounts payable | 17/49 | €92,437 | €235,114 | +€142,677 | +154% |
| Amounts payable after more than one year | 17 | €15,511 | €141,522 | +€126,011 | +812% |
| Financial debts | 170/4 | €15,511 | €141,522 | +€126,011 | +812% |
| Amounts payable within one year | 42/48 | €76,578 | €93,332 | +€16,754 | +21.9% |
| Current portion of amounts payable after more than one year | 42 | €11,951 | €23,989 | +€12,038 | +101% |
| Trade debts | 44 | €6,341 | €6,441 | +€100 | +1.6% |
| Suppliers | 440/4 | €6,341 | €6,441 | +€100 | +1.6% |
| Taxes, remuneration and social security | 45 | €37,505 | €42,435 | +€4,929 | +13.1% |
| Taxes | 450/3 | €26,315 | €30,176 | +€3,861 | +14.7% |
| Remuneration and social security | 454/9 | €11,190 | €12,259 | +€1,068 | +9.5% |
| Other amounts payable | 47/48 | €20,781 | €20,467 | -€314 | -1.5% |
| Accrued charges and deferred income | 492/3 | €348 | €260 | -€87 | -25.1% |
| Non-recurring operating income | 76A | €453 | €407 | -€46 | -10.2% |
| Remuneration, social security and pensions | 62 | €93,683 | €109,705 | +€16,022 | +17.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,422 | €36,207 | +€6,786 | +23.1% |
| Other operating charges | 640/8 | €3,073 | €36,371 | +€33,298 | +1,084% |
| Non-recurring operating charges | 66A | €52 | €214 | +€162 | +311% |
| Gross operating margin | 9900 | €227,847 | €239,744 | +€11,897 | +5.2% |
| Operating profit (loss) | 9901 | €101,618 | €57,247 | -€44,371 | -43.7% |
| Financial income | 75/76B | €1,889 | €897 | -€991 | -52.5% |
| Recurring financial income | 75 | €1,889 | €897 | -€991 | -52.5% |
| Financial charges | 65/66B | €930 | €2,456 | +€1,526 | +164% |
| Recurring financial charges | 65 | €804 | €2,225 | +€1,420 | +177% |
| Non-recurring financial charges | 66B | €126 | €231 | +€106 | +83.9% |
| Profit (loss) for the period before taxes | 9903 | €102,576 | €55,688 | -€46,888 | -45.7% |
| Income taxes | 67/77 | €25,292 | €19,598 | -€5,693 | -22.5% |
| Profit (loss) for the period | 9904 | €77,285 | €36,090 | -€41,194 | -53.3% |
| Profit (loss) for the period to be appropriated | 9905 | €77,285 | €36,090 | -€41,194 | -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 24 October 2026 via checked.be.