FM 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.
FM CONSULT
Largest movements
- Cash +€44,644
up €44,644 (+21.6%), from €206,213 to €250,857
mainly Other debts (+€203,768) and Net result for the year (+€27,719)
- Other debts +€203,768
up €203,768 (+928%), from €21,951 to €225,719
- Profit (loss) carried forward -€147,741
down €147,741 (-83.8%), from €176,307 to €28,565
- Trade debts -€5,674
down €5,674 (-40.8%), from €13,921 to €8,247
- Current portion of long-term debt -€5,079
no longer reported in 2025 (was €5,079)
- Depreciation -€15,905
no longer reported in 2025 (was €15,905)
- Gross operating margin -€13,166
down €13,166 (-25.1%), from €52,461 to €39,295
- Taxes -€1,958
down €1,958 (-15.8%), from €12,396 to €10,438
- Staff costs -€1,092
down €1,092 (-79.9%), from €1,367 to €275
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 | €249,003 | €292,165 | +€43,161 | +17.3% |
| Fixed assets | 21/28 | €903 | €903 | = | 0.0% |
| Financial fixed assets | 28 | €903 | €903 | = | 0.0% |
| Current assets | 29/58 | €248,101 | €291,262 | +€43,161 | +17.4% |
| Amounts receivable within one year | 40/41 | €41,888 | €40,405 | -€1,483 | -3.5% |
| Trade receivables | 40 | €41,888 | €40,405 | -€1,483 | -3.5% |
| Cash at bank and in hand | 54/58 | €206,213 | €250,857 | +€44,644 | +21.6% |
| Total equity and liabilities | 10/49 | €249,003 | €292,165 | +€43,161 | +17.3% |
| Equity | 10/15 | €184,367 | €36,625 | -€147,741 | -80.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €176,307 | €28,565 | -€147,741 | -83.8% |
| Amounts payable | 17/49 | €64,636 | €255,539 | +€190,903 | +295% |
| Amounts payable within one year | 42/48 | €64,636 | €255,539 | +€190,903 | +295% |
| Current portion of amounts payable after more than one year | 42 | €5,079 | - | -€5,079 | |
| Trade debts | 44 | €13,921 | €8,247 | -€5,674 | -40.8% |
| Suppliers | 440/4 | €13,921 | €8,247 | -€5,674 | -40.8% |
| Taxes, remuneration and social security | 45 | €23,685 | €21,574 | -€2,111 | -8.9% |
| Taxes | 450/3 | €23,685 | €21,574 | -€2,111 | -8.9% |
| Other amounts payable | 47/48 | €21,951 | €225,719 | +€203,768 | +928% |
| Remuneration, social security and pensions | 62 | €1,367 | €275 | -€1,092 | -79.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,905 | - | -€15,905 | |
| Other operating charges | 640/8 | €857 | €584 | -€273 | -31.8% |
| Gross operating margin | 9900 | €52,461 | €39,295 | -€13,166 | -25.1% |
| Operating profit (loss) | 9901 | €34,333 | €38,437 | +€4,104 | +12.0% |
| Financial income | 75/76B | €0 | €49 | +€49 | +488,700% |
| Recurring financial income | 75 | €0 | €49 | +€49 | +488,700% |
| Financial charges | 65/66B | €432 | €329 | -€103 | -23.9% |
| Recurring financial charges | 65 | €432 | €329 | -€103 | -23.9% |
| Profit (loss) for the period before taxes | 9903 | €33,901 | €38,157 | +€4,256 | +12.6% |
| Income taxes | 67/77 | €12,396 | €10,438 | -€1,958 | -15.8% |
| Profit (loss) for the period | 9904 | €21,504 | €27,719 | +€6,214 | +28.9% |
| Profit (loss) for the period to be appropriated | 9905 | €21,504 | €27,719 | +€6,214 | +28.9% |
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 16 October 2026 via checked.be.