Flywheel Consulting: 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.
Flywheel Consulting
Largest movements
- Current investments -€85,000
down €85,000 (-53.1%), from €160,000 to €75,000
- Cash -€68,697
down €68,697 (-64.5%), from €106,578 to €37,880
mainly Contributions, distributions and other (-€218,000) and Receivables within one year (-€56,164)
- Receivables within one year +€56,164
up €56,164 (+113%), from €49,576 to €105,740
- Tangible fixed assets -€12,149
down €12,149 (-29.7%), from €40,911 to €28,762
of which Furniture and vehicles: -€11,110
- Other debts -€49,846
down €49,846 (-20.7%), from €240,825 to €190,979
- Tax, wage and social debts -€32,867
down €32,867 (-53.5%), from €61,417 to €28,550
of which Taxes: -€33,391
- Reserves -€22,416
down €22,416 (-47.1%), from €47,593 to €25,177
- Gross operating margin +€59,083
up €59,083 (+27.2%), from €216,909 to €275,993
- Taxes +€19,007
up €19,007 (+38.9%), from €48,852 to €67,859
- Financial income -€4,688
down €4,688 (-66.4%), from €7,061 to €2,372
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 | €358,630 | €250,441 | -€108,189 | -30.2% |
| Fixed assets | 21/28 | €40,911 | €28,762 | -€12,149 | -29.7% |
| Tangible fixed assets | 22/27 | €40,911 | €28,762 | -€12,149 | -29.7% |
| Land and buildings | 22 | €2,358 | €2,044 | -€314 | -13.3% |
| Plant, machinery and equipment | 23 | €3,495 | €2,771 | -€724 | -20.7% |
| Furniture and vehicles | 24 | €35,058 | €23,947 | -€11,110 | -31.7% |
| Current assets | 29/58 | €317,719 | €221,679 | -€96,040 | -30.2% |
| Amounts receivable within one year | 40/41 | €49,576 | €105,740 | +€56,164 | +113% |
| Trade receivables | 40 | €49,576 | €105,740 | +€56,164 | +113% |
| Current investments | 50/53 | €160,000 | €75,000 | -€85,000 | -53.1% |
| Cash at bank and in hand | 54/58 | €106,578 | €37,880 | -€68,697 | -64.5% |
| Deferred charges and accrued income | 490/1 | €1,566 | €3,059 | +€1,493 | +95.4% |
| Total equity and liabilities | 10/49 | €358,630 | €250,441 | -€108,189 | -30.2% |
| Equity | 10/15 | €50,593 | €28,177 | -€22,416 | -44.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €47,593 | €25,177 | -€22,416 | -47.1% |
| Distributable reserves | 133 | €47,593 | €25,177 | -€22,416 | -47.1% |
| Amounts payable | 17/49 | €308,037 | €222,264 | -€85,773 | -27.8% |
| Amounts payable within one year | 42/48 | €307,082 | €221,914 | -€85,168 | -27.7% |
| Trade debts | 44 | €4,839 | €2,385 | -€2,455 | -50.7% |
| Suppliers | 440/4 | €4,839 | €2,385 | -€2,455 | -50.7% |
| Taxes, remuneration and social security | 45 | €61,417 | €28,550 | -€32,867 | -53.5% |
| Taxes | 450/3 | €60,377 | €26,986 | -€33,391 | -55.3% |
| Remuneration and social security | 454/9 | €1,040 | €1,564 | +€524 | +50.4% |
| Other amounts payable | 47/48 | €240,825 | €190,979 | -€49,846 | -20.7% |
| Accrued charges and deferred income | 492/3 | €955 | €350 | -€605 | -63.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,198 | €14,412 | +€214 | +1.5% |
| Other operating charges | 640/8 | €136 | €138 | +€2 | +1.5% |
| Non-recurring operating charges | 66A | - | €1 | +€1 | |
| Gross operating margin | 9900 | €216,909 | €275,993 | +€59,083 | +27.2% |
| Operating profit (loss) | 9901 | €202,575 | €261,441 | +€58,866 | +29.1% |
| Financial income | 75/76B | €7,061 | €2,372 | -€4,688 | -66.4% |
| Recurring financial income | 75 | €7,061 | €2,372 | -€4,688 | -66.4% |
| Financial charges | 65/66B | €336 | €371 | +€34 | +10.2% |
| Recurring financial charges | 65 | €336 | €371 | +€34 | +10.2% |
| Profit (loss) for the period before taxes | 9903 | €209,300 | €263,443 | +€54,143 | +25.9% |
| Income taxes | 67/77 | €48,852 | €67,859 | +€19,007 | +38.9% |
| Profit (loss) for the period | 9904 | €160,448 | €195,584 | +€35,136 | +21.9% |
| Profit (loss) for the period to be appropriated | 9905 | €160,448 | €195,584 | +€35,136 | +21.9% |
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 19 October 2026 via checked.be.