FMI Consult: what changed
Two fiscal 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.
FMI Consult
Largest movements
- Receivables within one year +€7,455
up €7,455 (+49.9%), from €14,935 to €22,390
of which Trade receivables: +€6,649
- Cash +€2,290
up €2,290 (+3.6%), from €63,715 to €66,005
mainly Net result for the year (+€11,027) and Depreciation (+€1,291)
- Reserves +€11,027
up €11,027 (+15.0%), from €73,365 to €84,392
- Gross operating margin -€2,687
down €2,687 (-13.1%), from €20,567 to €17,881
- Taxes -€776
down €776 (-13.0%), from €5,969 to €5,193
- Other operating charges -€387
down €387 (-63.8%), from €607 to €220
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.
Cash bridge derived
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 | €80,384 | €90,967 | +€10,583 | +13.2% |
| Fixed assets | 21/28 | €1,006 | €1,843 | +€838 | +83.3% |
| Tangible fixed assets | 22/27 | €1,006 | €1,843 | +€838 | +83.3% |
| Furniture and vehicles | 24 | €1,006 | €1,843 | +€838 | +83.3% |
| Current assets | 29/58 | €79,378 | €89,124 | +€9,745 | +12.3% |
| Amounts receivable within one year | 40/41 | €14,935 | €22,390 | +€7,455 | +49.9% |
| Trade receivables | 40 | €14,935 | €21,584 | +€6,649 | +44.5% |
| Other amounts receivable | 41 | - | €807 | +€807 | |
| Cash at bank and in hand | 54/58 | €63,715 | €66,005 | +€2,290 | +3.6% |
| Deferred charges and accrued income | 490/1 | €728 | €728 | = | 0.0% |
| Total equity and liabilities | 10/49 | €80,384 | €90,967 | +€10,583 | +13.2% |
| Equity | 10/15 | €76,555 | €87,581 | +€11,027 | +14.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €73,365 | €84,392 | +€11,027 | +15.0% |
| Distributable reserves | 133 | €73,365 | €84,392 | +€11,027 | +15.0% |
| Profit (loss) carried forward | 14 | €189 | €189 | = | 0.0% |
| Amounts payable | 17/49 | €3,830 | €3,386 | -€444 | -11.6% |
| Amounts payable within one year | 42/48 | €3,830 | €3,386 | -€444 | -11.6% |
| Trade debts | 44 | €251 | €0 | -€251 | -100.0% |
| Suppliers | 440/4 | €251 | €0 | -€251 | -100.0% |
| Taxes, remuneration and social security | 45 | €3,578 | €3,386 | -€193 | -5.4% |
| Taxes | 450/3 | €3,578 | €3,386 | -€193 | -5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,414 | €1,291 | -€123 | -8.7% |
| Other operating charges | 640/8 | €607 | €220 | -€387 | -63.8% |
| Gross operating margin | 9900 | €20,567 | €17,881 | -€2,687 | -13.1% |
| Operating profit (loss) | 9901 | €18,546 | €16,370 | -€2,176 | -11.7% |
| Financial charges | 65/66B | €152 | €150 | -€2 | -1.4% |
| Recurring financial charges | 65 | €152 | €150 | -€2 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | €18,394 | €16,220 | -€2,174 | -11.8% |
| Income taxes | 67/77 | €5,969 | €5,193 | -€776 | -13.0% |
| Profit (loss) for the period | 9904 | €12,425 | €11,027 | -€1,398 | -11.3% |
| Profit (loss) for the period to be appropriated | 9905 | €12,425 | €11,027 | -€1,398 | -11.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.