FRB 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.
FRB Consulting
Largest movements
- Cash +€16,458
up €16,458 (+373%), from €4,408 to €20,866
mainly Net result for the year (+€16,913) and Receivables within one year (+€15,076)
- Receivables within one year -€15,076
down €15,076 (-60.0%), from €25,143 to €10,067
of which Other amounts receivable: -€11,703
- Deferred charges and accrued income -€1,506
down €1,506 (-37.4%), from €4,032 to €2,526
- Reserves +€8,902
up €8,902 (+17.5%), from €50,849 to €59,750
- Debts after one year -€6,530
down €6,530 (-92.3%), from €7,075 to €546
- Other debts -€5,968
down €5,968 (-23.0%), from €25,899 to €19,931
- Tax, wage and social debts +€3,299
up €3,299 (+821%), from €402 to €3,701
- Trade debts -€1,127
down €1,127 (-40.1%), from €2,807 to €1,680
- Gross operating margin +€10,093
up €10,093 (+45.9%), from €21,990 to €32,083
- Taxes +€3,241
up €3,241 (+52.2%), from €6,206 to €9,447
- Other operating charges -€398
down €398 (-32.2%), from €1,234 to €836
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 | €101,092 | €99,987 | -€1,105 | -1.1% |
| Fixed assets | 21/28 | €67,510 | €66,528 | -€981 | -1.5% |
| Tangible fixed assets | 22/27 | €2,510 | €1,528 | -€981 | -39.1% |
| Plant, machinery and equipment | 23 | €2,168 | €1,382 | -€786 | -36.3% |
| Furniture and vehicles | 24 | €342 | €146 | -€195 | -57.2% |
| Financial fixed assets | 28 | €65,000 | €65,000 | = | 0.0% |
| Current assets | 29/58 | €33,582 | €33,459 | -€124 | -0.4% |
| Amounts receivable within one year | 40/41 | €25,143 | €10,067 | -€15,076 | -60.0% |
| Trade receivables | 40 | €13,355 | €9,983 | -€3,373 | -25.3% |
| Other amounts receivable | 41 | €11,788 | €85 | -€11,703 | -99.3% |
| Cash at bank and in hand | 54/58 | €4,408 | €20,866 | +€16,458 | +373% |
| Deferred charges and accrued income | 490/1 | €4,032 | €2,526 | -€1,506 | -37.4% |
| Total equity and liabilities | 10/49 | €101,092 | €99,987 | -€1,105 | -1.1% |
| Equity | 10/15 | €57,849 | €66,750 | +€8,902 | +15.4% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €50,849 | €59,750 | +€8,902 | +17.5% |
| Distributable reserves | 133 | €50,849 | €59,750 | +€8,902 | +17.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €43,243 | €33,237 | -€10,007 | -23.1% |
| Amounts payable after more than one year | 17 | €7,075 | €546 | -€6,530 | -92.3% |
| Financial debts | 170/4 | €7,075 | €546 | -€6,530 | -92.3% |
| Amounts payable within one year | 42/48 | €35,605 | €31,842 | -€3,764 | -10.6% |
| Current portion of amounts payable after more than one year | 42 | €6,497 | €6,530 | +€33 | +0.5% |
| Trade debts | 44 | €2,807 | €1,680 | -€1,127 | -40.1% |
| Suppliers | 440/4 | €2,807 | €1,680 | -€1,127 | -40.1% |
| Taxes, remuneration and social security | 45 | €402 | €3,701 | +€3,299 | +821% |
| Taxes | 450/3 | €402 | €3,701 | +€3,299 | +821% |
| Other amounts payable | 47/48 | €25,899 | €19,931 | -€5,968 | -23.0% |
| Accrued charges and deferred income | 492/3 | €563 | €849 | +€286 | +50.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,151 | €981 | -€169 | -14.7% |
| Other operating charges | 640/8 | €1,234 | €836 | -€398 | -32.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €21,990 | €32,083 | +€10,093 | +45.9% |
| Operating profit (loss) | 9901 | €19,605 | €30,265 | +€10,660 | +54.4% |
| Financial income | 75/76B | €315 | €100 | -€216 | -68.3% |
| Recurring financial income | 75 | €315 | €100 | -€216 | -68.3% |
| Financial charges | 65/66B | €4,312 | €4,005 | -€307 | -7.1% |
| Recurring financial charges | 65 | €4,312 | €4,005 | -€307 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €15,609 | €26,360 | +€10,752 | +68.9% |
| Income taxes | 67/77 | €6,206 | €9,447 | +€3,241 | +52.2% |
| Profit (loss) for the period | 9904 | €9,402 | €16,913 | +€7,511 | +79.9% |
| Profit (loss) for the period to be appropriated | 9905 | €9,402 | €16,913 | +€7,511 | +79.9% |
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 25 October 2026 via checked.be.