FKE 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.
FKE CONSULT
Largest movements
- Cash -€160,425
down €160,425 (-51.3%), from €312,519 to €152,095
mainly Other debts (-€186,134) and Contributions, distributions and other (-€119,334)
- Receivables within one year -€45,542
down €45,542 (-18.1%), from €251,137 to €205,595
of which Trade receivables: -€33,764
- Other debts -€186,134
down €186,134 (-38.4%), from €485,055 to €298,921
- Profit (loss) carried forward -€40,062
no longer reported in 2025 (was €40,062)
- Current portion of long-term debt +€13,000
up €13,000 (+65.0%), from €20,000 to €33,000
- Gross operating margin -€106,136
down €106,136 (-50.6%), from €209,808 to €103,673
- Taxes -€27,524
down €27,524 (-57.7%), from €47,693 to €20,169
- Depreciation -€9,602
down €9,602 (-96.4%), from €9,962 to €360
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 | €585,541 | €374,352 | -€211,189 | -36.1% |
| Fixed assets | 21/28 | €6,374 | €1,402 | -€4,973 | -78.0% |
| Tangible fixed assets | 22/27 | €6,124 | €1,402 | -€4,723 | -77.1% |
| Furniture and vehicles | 24 | €6,124 | €1,402 | -€4,723 | -77.1% |
| Financial fixed assets | 28 | €250 | - | -€250 | |
| Current assets | 29/58 | €579,167 | €372,951 | -€206,216 | -35.6% |
| Amounts receivable within one year | 40/41 | €251,137 | €205,595 | -€45,542 | -18.1% |
| Trade receivables | 40 | €226,527 | €192,763 | -€33,764 | -14.9% |
| Other amounts receivable | 41 | €24,610 | €12,831 | -€11,779 | -47.9% |
| Cash at bank and in hand | 54/58 | €312,519 | €152,095 | -€160,425 | -51.3% |
| Deferred charges and accrued income | 490/1 | €15,510 | €15,261 | -€249 | -1.6% |
| Total equity and liabilities | 10/49 | €585,541 | €374,352 | -€211,189 | -36.1% |
| Equity | 10/15 | €60,522 | €20,460 | -€40,062 | -66.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,062 | - | -€40,062 | |
| Amounts payable | 17/49 | €525,019 | €353,892 | -€171,127 | -32.6% |
| Amounts payable within one year | 42/48 | €525,019 | €353,892 | -€171,127 | -32.6% |
| Current portion of amounts payable after more than one year | 42 | €20,000 | €33,000 | +€13,000 | +65.0% |
| Trade debts | 44 | €2,203 | €5,914 | +€3,711 | +168% |
| Suppliers | 440/4 | €2,203 | €5,914 | +€3,711 | +168% |
| Taxes, remuneration and social security | 45 | €17,761 | €16,057 | -€1,703 | -9.6% |
| Taxes | 450/3 | €17,761 | €16,057 | -€1,703 | -9.6% |
| Other amounts payable | 47/48 | €485,055 | €298,921 | -€186,134 | -38.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,962 | €360 | -€9,602 | -96.4% |
| Other operating charges | 640/8 | €907 | €684 | -€223 | -24.6% |
| Gross operating margin | 9900 | €209,808 | €103,673 | -€106,136 | -50.6% |
| Operating profit (loss) | 9901 | €198,939 | €102,628 | -€96,311 | -48.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,461 | €3,188 | +€727 | +29.5% |
| Recurring financial charges | 65 | €2,461 | €3,188 | +€727 | +29.5% |
| Profit (loss) for the period before taxes | 9903 | €196,478 | €99,440 | -€97,038 | -49.4% |
| Income taxes | 67/77 | €47,693 | €20,169 | -€27,524 | -57.7% |
| Profit (loss) for the period | 9904 | €148,785 | €79,272 | -€69,514 | -46.7% |
| Profit (loss) for the period to be appropriated | 9905 | €148,785 | €79,272 | -€69,514 | -46.7% |
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.