FN Consultancy: 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.
FN Consultancy
Largest movements
- Cash +€15,706
up €15,706 (+45.5%), from €34,529 to €50,235
mainly Net result for the year (+€25,937) and Depreciation (+€18,038)
- Tangible fixed assets -€13,147
down €13,147 (-3.1%), from €426,781 to €413,634
of which Land and buildings: -€9,879
- Debts after one year -€30,668
down €30,668 (-9.9%), from €309,198 to €278,530
- Reserves +€24,271
up €24,271 (+80.9%), from €30,018 to €54,289
- Tax, wage and social debts +€5,994
up €5,994 (+126%), from €4,744 to €10,738
of which Taxes: +€5,994
- Gross operating margin +€22,348
up €22,348 (+42.4%), from €52,682 to €75,029
- Depreciation -€12,474
down €12,474 (-40.9%), from €30,512 to €18,038
- Taxes +€9,126
up €9,126 (+257%), from €3,556 to €12,682
- Financial charges +€2,600
up €2,600 (+24.1%), from €10,772 to €13,371
- Other operating charges +€1,650
up €1,650 (+49.2%), from €3,351 to €5,001
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 | €478,506 | €480,793 | +€2,287 | +0.5% |
| Fixed assets | 21/28 | €427,331 | €414,184 | -€13,147 | -3.1% |
| Tangible fixed assets | 22/27 | €426,781 | €413,634 | -€13,147 | -3.1% |
| Land and buildings | 22 | €419,883 | €410,005 | -€9,879 | -2.4% |
| Plant, machinery and equipment | 23 | €202 | €0 | -€202 | -100% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €6,696 | €3,629 | -€3,067 | -45.8% |
| Financial fixed assets | 28 | €550 | €550 | = | 0.0% |
| Current assets | 29/58 | €51,174 | €66,609 | +€15,435 | +30.2% |
| Amounts receivable within one year | 40/41 | €15,917 | €15,576 | -€341 | -2.1% |
| Trade receivables | 40 | €14,423 | €14,693 | +€270 | +1.9% |
| Other amounts receivable | 41 | €1,495 | €883 | -€612 | -40.9% |
| Cash at bank and in hand | 54/58 | €34,529 | €50,235 | +€15,706 | +45.5% |
| Deferred charges and accrued income | 490/1 | €728 | €798 | +€70 | +9.6% |
| Total equity and liabilities | 10/49 | €478,506 | €480,793 | +€2,287 | +0.5% |
| Equity | 10/15 | €48,618 | €72,889 | +€24,271 | +49.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €30,018 | €54,289 | +€24,271 | +80.9% |
| Distributable reserves | 133 | €30,018 | €54,289 | +€24,271 | +80.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €429,888 | €407,905 | -€21,984 | -5.1% |
| Amounts payable after more than one year | 17 | €309,198 | €278,530 | -€30,668 | -9.9% |
| Financial debts | 170/4 | €309,198 | €278,530 | -€30,668 | -9.9% |
| Amounts payable within one year | 42/48 | €117,243 | €122,496 | +€5,252 | +4.5% |
| Current portion of amounts payable after more than one year | 42 | €29,810 | €30,668 | +€858 | +2.9% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €506 | €2,099 | +€1,593 | +315% |
| Suppliers | 440/4 | €506 | €2,099 | +€1,593 | +315% |
| Taxes, remuneration and social security | 45 | €4,744 | €10,738 | +€5,994 | +126% |
| Taxes | 450/3 | €3,744 | €9,738 | +€5,994 | +160% |
| Remuneration and social security | 454/9 | €1,000 | €1,000 | = | 0.0% |
| Other amounts payable | 47/48 | €82,184 | €78,991 | -€3,193 | -3.9% |
| Accrued charges and deferred income | 492/3 | €3,447 | €6,879 | +€3,432 | +99.6% |
| Non-recurring operating income | 76A | €3,178 | €0 | -€3,178 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,512 | €18,038 | -€12,474 | -40.9% |
| Other operating charges | 640/8 | €3,351 | €5,001 | +€1,650 | +49.2% |
| Gross operating margin | 9900 | €52,682 | €75,029 | +€22,348 | +42.4% |
| Operating profit (loss) | 9901 | €18,818 | €51,990 | +€33,172 | +176% |
| Financial income | 75/76B | €2 | €0 | -€2 | -99.5% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -99.5% |
| Financial charges | 65/66B | €10,772 | €13,371 | +€2,600 | +24.1% |
| Recurring financial charges | 65 | €10,772 | €13,371 | +€2,600 | +24.1% |
| Profit (loss) for the period before taxes | 9903 | €8,049 | €38,619 | +€30,570 | +380% |
| Income taxes | 67/77 | €3,556 | €12,682 | +€9,126 | +257% |
| Profit (loss) for the period | 9904 | €4,493 | €25,937 | +€21,444 | +477% |
| Profit (loss) for the period to be appropriated | 9905 | €4,493 | €25,937 | +€21,444 | +477% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.