FREEDOM KONSULT: 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.
FREEDOM KONSULT
Largest movements
- Cash +€31,707
up €31,707 (+30.6%), from €103,553 to €135,260
mainly Other debts (+€74,966) and Net result for the year (+€28,584)
- Receivables within one year -€4,452
down €4,452 (-32.2%), from €13,805 to €9,354
- Tangible fixed assets -€3,661
down €3,661 (-2.3%), from €157,589 to €153,928
of which Land and buildings: -€6,331
- Deferred charges and accrued income -€3,493
down €3,493 (-26.4%), from €13,247 to €9,754
- Other debts +€74,966
up €74,966 (+81.9%), from €91,544 to €166,510
- Reserves -€65,627
down €65,627 (-100%), from €65,627 to €0
- Tax, wage and social debts +€11,319
up €11,319 (+127%), from €8,931 to €20,250
of which Taxes: +€8,605
- Gross operating margin -€75,849
down €75,849 (-52.1%), from €145,447 to €69,598
- Other operating charges -€33,761
down €33,761 (-93.3%), from €36,198 to €2,437
- Taxes -€11,966
down €11,966 (-41.4%), from €28,875 to €16,909
- Depreciation +€3,762
up €3,762 (+58.1%), from €6,473 to €10,235
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 | €303,015 | €323,117 | +€20,102 | +6.6% |
| Fixed assets | 21/28 | €172,410 | €168,749 | -€3,661 | -2.1% |
| Tangible fixed assets | 22/27 | €157,589 | €153,928 | -€3,661 | -2.3% |
| Land and buildings | 22 | €154,444 | €148,113 | -€6,331 | -4.1% |
| Furniture and vehicles | 24 | €3,145 | €5,815 | +€2,670 | +84.9% |
| Financial fixed assets | 28 | €14,821 | €14,821 | = | 0.0% |
| Current assets | 29/58 | €130,605 | €154,367 | +€23,762 | +18.2% |
| Amounts receivable within one year | 40/41 | €13,805 | €9,354 | -€4,452 | -32.2% |
| Other amounts receivable | 41 | €13,805 | €9,354 | -€4,452 | -32.2% |
| Cash at bank and in hand | 54/58 | €103,553 | €135,260 | +€31,707 | +30.6% |
| Deferred charges and accrued income | 490/1 | €13,247 | €9,754 | -€3,493 | -26.4% |
| Total equity and liabilities | 10/49 | €303,015 | €323,117 | +€20,102 | +6.6% |
| Equity | 10/15 | €84,227 | €18,600 | -€65,627 | -77.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €65,627 | €0 | -€65,627 | -100% |
| Distributable reserves | 133 | €65,627 | €0 | -€65,627 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €218,789 | €304,517 | +€85,728 | +39.2% |
| Amounts payable after more than one year | 17 | €111,100 | €111,100 | = | 0.0% |
| Financial debts | 170/4 | €110,000 | €110,000 | = | 0.0% |
| Other amounts payable | 178/9 | €1,100 | €1,100 | = | 0.0% |
| Amounts payable within one year | 42/48 | €106,837 | €193,417 | +€86,580 | +81.0% |
| Current portion of amounts payable after more than one year | 42 | €4,264 | €4,243 | -€21 | -0.5% |
| Financial debts | 43 | €263 | €1,035 | +€772 | +294% |
| Credit institutions | 430/8 | €263 | €1,035 | +€772 | +294% |
| Trade debts | 44 | €1,836 | €1,379 | -€456 | -24.9% |
| Suppliers | 440/4 | €1,836 | €1,379 | -€456 | -24.9% |
| Taxes, remuneration and social security | 45 | €8,931 | €20,250 | +€11,319 | +127% |
| Taxes | 450/3 | €8,931 | €17,536 | +€8,605 | +96.4% |
| Remuneration and social security | 454/9 | - | €2,714 | +€2,714 | |
| Other amounts payable | 47/48 | €91,544 | €166,510 | +€74,966 | +81.9% |
| Accrued charges and deferred income | 492/3 | €852 | €0 | -€852 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,473 | €10,235 | +€3,762 | +58.1% |
| Other operating charges | 640/8 | €36,198 | €2,437 | -€33,761 | -93.3% |
| Non-recurring operating charges | 66A | €770 | €2,909 | +€2,139 | +278% |
| Gross operating margin | 9900 | €145,447 | €69,598 | -€75,849 | -52.1% |
| Operating profit (loss) | 9901 | €102,006 | €54,018 | -€47,989 | -47.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €7,540 | €8,525 | +€985 | +13.1% |
| Recurring financial charges | 65 | €7,540 | €8,525 | +€985 | +13.1% |
| Profit (loss) for the period before taxes | 9903 | €94,466 | €45,492 | -€48,974 | -51.8% |
| Income taxes | 67/77 | €28,875 | €16,909 | -€11,966 | -41.4% |
| Profit (loss) for the period | 9904 | €65,592 | €28,584 | -€37,008 | -56.4% |
| Profit (loss) for the period to be appropriated | 9905 | €65,592 | €28,584 | -€37,008 | -56.4% |
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 18 October 2026 via checked.be.