Freewood 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.
Freewood Consulting
Largest movements
- Receivables within one year +€94,781
up €94,781 (+38.9%), from €243,800 to €338,581
of which Other amounts receivable: +€91,233
- Cash -€13,327
down €13,327 (-63.4%), from €21,033 to €7,706
mainly Receivables within one year (-€94,781) and Current portion of long-term debt (-€8,609)
- Reserves +€71,758
up €71,758 (+40.3%), from €178,082 to €249,840
- Tax, wage and social debts +€21,112
up €21,112 (+52.9%), from €39,928 to €61,040
of which Taxes: +€21,198
- Current portion of long-term debt -€8,609
down €8,609 (-40.9%), from €21,048 to €12,439
- Debts after one year +€7,999
new in 2025: €7,999
- Other debts -€7,290
down €7,290 (-100%), from €7,290 to €0
- Gross operating margin +€34,919
up €34,919 (+46.0%), from €75,874 to €110,793
- Taxes +€12,499
up €12,499 (+48.5%), from €25,774 to €38,273
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 | €295,433 | €376,910 | +€81,476 | +27.6% |
| Current assets | 29/58 | €295,433 | €376,910 | +€81,476 | +27.6% |
| Amounts receivable within one year | 40/41 | €243,800 | €338,581 | +€94,781 | +38.9% |
| Trade receivables | 40 | €14,250 | €17,798 | +€3,548 | +24.9% |
| Other amounts receivable | 41 | €229,550 | €320,784 | +€91,233 | +39.7% |
| Cash at bank and in hand | 54/58 | €21,033 | €7,706 | -€13,327 | -63.4% |
| Deferred charges and accrued income | 490/1 | €30,601 | €30,623 | +€22 | +0.1% |
| Total equity and liabilities | 10/49 | €295,433 | €376,910 | +€81,476 | +27.6% |
| Equity | 10/15 | €196,682 | €268,440 | +€71,758 | +36.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €178,082 | €249,840 | +€71,758 | +40.3% |
| Distributable reserves | 133 | €178,082 | €249,840 | +€71,758 | +40.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €98,751 | €108,469 | +€9,718 | +9.8% |
| Amounts payable after more than one year | 17 | - | €7,999 | +€7,999 | |
| Financial debts | 170/4 | - | €7,999 | +€7,999 | |
| Amounts payable within one year | 42/48 | €98,751 | €100,471 | +€1,719 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €21,048 | €12,439 | -€8,609 | -40.9% |
| Financial debts | 43 | €25,000 | €25,000 | = | 0.0% |
| Credit institutions | 430/8 | €25,000 | €25,000 | = | 0.0% |
| Trade debts | 44 | €5,486 | €1,991 | -€3,495 | -63.7% |
| Suppliers | 440/4 | €5,486 | €1,991 | -€3,495 | -63.7% |
| Taxes, remuneration and social security | 45 | €39,928 | €61,040 | +€21,112 | +52.9% |
| Taxes | 450/3 | €34,950 | €56,148 | +€21,198 | +60.7% |
| Remuneration and social security | 454/9 | €4,978 | €4,892 | -€86 | -1.7% |
| Other amounts payable | 47/48 | €7,290 | €0 | -€7,290 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Other operating charges | 640/8 | €2,485 | €1,590 | -€895 | -36.0% |
| Gross operating margin | 9900 | €75,874 | €110,793 | +€34,919 | +46.0% |
| Operating profit (loss) | 9901 | €73,389 | €109,204 | +€35,814 | +48.8% |
| Financial income | 75/76B | €3,673 | €4,489 | +€817 | +22.2% |
| Recurring financial income | 75 | €3,673 | €4,489 | +€817 | +22.2% |
| Financial charges | 65/66B | €2,640 | €3,662 | +€1,022 | +38.7% |
| Recurring financial charges | 65 | €2,640 | €3,662 | +€1,022 | +38.7% |
| Profit (loss) for the period before taxes | 9903 | €74,422 | €110,031 | +€35,609 | +47.8% |
| Income taxes | 67/77 | €25,774 | €38,273 | +€12,499 | +48.5% |
| Profit (loss) for the period | 9904 | €48,648 | €71,758 | +€23,110 | +47.5% |
| Profit (loss) for the period to be appropriated | 9905 | €48,648 | €71,758 | +€23,110 | +47.5% |
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 28 October 2026 via checked.be.