Frédéric Dudek 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.
Frédéric Dudek Consulting
Largest movements
- Cash +€17,525
up €17,525 (+71.9%), from €24,370 to €41,896
mainly Net result for the year (+€35,212) and Depreciation (+€16,530)
- Tangible fixed assets -€11,430
down €11,430 (-47.3%), from €24,182 to €12,752
of which Leasing and similar rights: -€10,960
- Intangible fixed assets -€5,100
down €5,100 (-21.1%), from €24,218 to €19,118
- Receivables within one year -€3,383
down €3,383 (-10.6%), from €32,010 to €28,627
of which Other amounts receivable: -€4,928
- Reserves +€18,859
up €18,859 (+62.8%), from €30,044 to €48,902
- Debts after one year -€15,835
down €15,835 (-77.9%), from €20,327 to €4,493
- Other debts -€6,100
down €6,100 (-23.0%), from €26,500 to €20,400
- Gross operating margin +€4,105
up €4,105 (+7.0%), from €59,027 to €63,132
- Taxes +€928
up €928 (+11.0%), from €8,442 to €9,370
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 | €105,335 | €102,931 | -€2,404 | -2.3% |
| Fixed assets | 21/28 | €48,400 | €31,870 | -€16,530 | -34.2% |
| Intangible fixed assets | 21 | €24,218 | €19,118 | -€5,100 | -21.1% |
| Tangible fixed assets | 22/27 | €24,182 | €12,752 | -€11,430 | -47.3% |
| Furniture and vehicles | 24 | €1,062 | €591 | -€471 | -44.3% |
| Leasing and similar rights | 25 | €23,120 | €12,161 | -€10,960 | -47.4% |
| Current assets | 29/58 | €56,935 | €71,061 | +€14,126 | +24.8% |
| Amounts receivable within one year | 40/41 | €32,010 | €28,627 | -€3,383 | -10.6% |
| Trade receivables | 40 | €26,452 | €27,997 | +€1,545 | +5.8% |
| Other amounts receivable | 41 | €5,558 | €630 | -€4,928 | -88.7% |
| Cash at bank and in hand | 54/58 | €24,370 | €41,896 | +€17,525 | +71.9% |
| Deferred charges and accrued income | 490/1 | €555 | €538 | -€16 | -3.0% |
| Total equity and liabilities | 10/49 | €105,335 | €102,931 | -€2,404 | -2.3% |
| Equity | 10/15 | €36,044 | €54,902 | +€18,859 | +52.3% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €30,044 | €48,902 | +€18,859 | +62.8% |
| Distributable reserves | 133 | €30,044 | €48,902 | +€18,859 | +62.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €69,292 | €48,029 | -€21,263 | -30.7% |
| Amounts payable after more than one year | 17 | €20,327 | €4,493 | -€15,835 | -77.9% |
| Financial debts | 170/4 | €20,327 | €4,493 | -€15,835 | -77.9% |
| Amounts payable within one year | 42/48 | €48,964 | €43,537 | -€5,428 | -11.1% |
| Current portion of amounts payable after more than one year | 42 | €15,434 | €15,835 | +€401 | +2.6% |
| Trade debts | 44 | €874 | €998 | +€124 | +14.1% |
| Suppliers | 440/4 | €874 | €998 | +€124 | +14.1% |
| Taxes, remuneration and social security | 45 | €6,156 | €6,304 | +€148 | +2.4% |
| Taxes | 450/3 | €6,156 | €6,304 | +€148 | +2.4% |
| Other amounts payable | 47/48 | €26,500 | €20,400 | -€6,100 | -23.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,448 | €16,530 | +€83 | +0.5% |
| Other operating charges | 640/8 | €1,430 | €1,168 | -€262 | -18.3% |
| Gross operating margin | 9900 | €59,027 | €63,132 | +€4,105 | +7.0% |
| Operating profit (loss) | 9901 | €41,149 | €45,434 | +€4,285 | +10.4% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,244 | €853 | -€391 | -31.4% |
| Recurring financial charges | 65 | €1,244 | €853 | -€391 | -31.4% |
| Profit (loss) for the period before taxes | 9903 | €39,905 | €44,581 | +€4,676 | +11.7% |
| Income taxes | 67/77 | €8,442 | €9,370 | +€928 | +11.0% |
| Profit (loss) for the period | 9904 | €31,464 | €35,212 | +€3,748 | +11.9% |
| Profit (loss) for the period to be appropriated | 9905 | €31,464 | €35,212 | +€3,748 | +11.9% |
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 21 October 2026 via checked.be.