Freson 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.
Freson Consultancy
Largest movements
- Tangible fixed assets +€17,359
up €17,359 (+30.5%), from €56,902 to €74,261
of which Furniture and vehicles: +€15,325
- Cash +€7,517
up €7,517 (+52.3%), from €14,378 to €21,894
mainly Net result for the year (+€17,161) and Depreciation (+€11,054)
- Receivables within one year +€3,093
up €3,093 (+30.6%), from €10,101 to €13,194
of which Other amounts receivable: +€1,873
- Reserves +€17,161
up €17,161 (+60.4%), from €28,419 to €45,580
- Debts after one year +€4,517
up €4,517 (+16.7%), from €27,120 to €31,637
- Current portion of long-term debt +€4,211
up €4,211 (+68.1%), from €6,180 to €10,392
- Accrued charges and deferred income +€3,106
up €3,106, from €0 to €3,106
- Short-term financial debts +€2,646
up €2,646 (+49.8%), from €5,316 to €7,962
of which Other loans: +€7,962
- Gross operating margin +€18,123
up €18,123 (+105%), from €17,240 to €35,363
- Depreciation +€2,950
up €2,950 (+36.4%), from €8,104 to €11,054
- Taxes +€2,489
up €2,489 (+89.1%), from €2,793 to €5,282
- Financial charges -€601
down €601 (-32.3%), from €1,861 to €1,261
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 | €81,720 | €109,630 | +€27,910 | +34.2% |
| Fixed assets | 21/28 | €56,902 | €74,261 | +€17,359 | +30.5% |
| Tangible fixed assets | 22/27 | €56,902 | €74,261 | +€17,359 | +30.5% |
| Land and buildings | 22 | €43,881 | €45,916 | +€2,034 | +4.6% |
| Furniture and vehicles | 24 | €13,020 | €28,345 | +€15,325 | +118% |
| Current assets | 29/58 | €24,818 | €35,369 | +€10,551 | +42.5% |
| Amounts receivable within one year | 40/41 | €10,101 | €13,194 | +€3,093 | +30.6% |
| Trade receivables | 40 | €9,235 | €10,456 | +€1,220 | +13.2% |
| Other amounts receivable | 41 | €866 | €2,739 | +€1,873 | +216% |
| Cash at bank and in hand | 54/58 | €14,378 | €21,894 | +€7,517 | +52.3% |
| Deferred charges and accrued income | 490/1 | €339 | €280 | -€59 | -17.3% |
| Total equity and liabilities | 10/49 | €81,720 | €109,630 | +€27,910 | +34.2% |
| Equity | 10/15 | €30,919 | €48,080 | +€17,161 | +55.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €28,419 | €45,580 | +€17,161 | +60.4% |
| Distributable reserves | 133 | €28,419 | €45,580 | +€17,161 | +60.4% |
| Amounts payable | 17/49 | €50,800 | €61,550 | +€10,749 | +21.2% |
| Amounts payable after more than one year | 17 | €27,120 | €31,637 | +€4,517 | +16.7% |
| Financial debts | 170/4 | €27,120 | €31,637 | +€4,517 | +16.7% |
| Amounts payable within one year | 42/48 | €23,680 | €26,807 | +€3,126 | +13.2% |
| Current portion of amounts payable after more than one year | 42 | €6,180 | €10,392 | +€4,211 | +68.1% |
| Financial debts | 43 | €5,316 | €7,962 | +€2,646 | +49.8% |
| Credit institutions | 430/8 | €5,316 | €0 | -€5,316 | -100% |
| Other loans | 439 | - | €7,962 | +€7,962 | |
| Trade debts | 44 | €661 | €0 | -€661 | -100% |
| Suppliers | 440/4 | €661 | €0 | -€661 | -100% |
| Taxes, remuneration and social security | 45 | €9,267 | €8,453 | -€814 | -8.8% |
| Taxes | 450/3 | €9,267 | €8,453 | -€814 | -8.8% |
| Other amounts payable | 47/48 | €2,257 | €0 | -€2,257 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | €3,106 | +€3,106 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,104 | €11,054 | +€2,950 | +36.4% |
| Other operating charges | 640/8 | €663 | €761 | +€98 | +14.8% |
| Gross operating margin | 9900 | €17,240 | €35,363 | +€18,123 | +105% |
| Operating profit (loss) | 9901 | €8,473 | €23,548 | +€15,075 | +178% |
| Financial income | 75/76B | €32 | €156 | +€124 | +388% |
| Recurring financial income | 75 | €32 | €156 | +€124 | +388% |
| Financial charges | 65/66B | €1,861 | €1,261 | -€601 | -32.3% |
| Recurring financial charges | 65 | €1,861 | €1,261 | -€601 | -32.3% |
| Profit (loss) for the period before taxes | 9903 | €6,644 | €22,443 | +€15,799 | +238% |
| Income taxes | 67/77 | €2,793 | €5,282 | +€2,489 | +89.1% |
| Profit (loss) for the period | 9904 | €3,850 | €17,161 | +€13,310 | +346% |
| Profit (loss) for the period to be appropriated | 9905 | €3,850 | €17,161 | +€13,310 | +346% |
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 29 October 2026 via checked.be.