FRO CONSULTANCE: 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.
FRO CONSULTANCE
Largest movements
- Cash -€21,142
no longer reported in 2025 (was €21,142)
mainly Contributions, distributions and other (-€32,000) and Current investments (-€13,148)
- Current investments +€13,148
new in 2025: €13,148
- Receivables within one year +€2,487
up €2,487 (+20.8%), from €11,971 to €14,458
of which Trade receivables: +€5,119
- Tangible fixed assets -€1,903
down €1,903 (-23.5%), from €8,110 to €6,207
- Deferred charges and accrued income +€654
up €654 (+31.9%), from €2,050 to €2,704
- Trade debts -€8,446
down €8,446 (-74.3%), from €11,364 to €2,918
- Other debts +€4,802
up €4,802 (+30.0%), from €16,000 to €20,802
- Debts after one year -€3,437
down €3,437 (-85.5%), from €4,022 to €585
- Profit (loss) carried forward +€486
up €486 (+90.5%), from €537 to €1,023
- Gross operating margin +€23,804
up €23,804 (+84.7%), from €28,100 to €51,904
- Taxes +€5,602
up €5,602 (+113%), from €4,974 to €10,576
- Financial charges +€4,320
up €4,320 (+296%), from €1,461 to €5,781
of which Financial charges: +€4,320
- Other operating charges -€4,050
down €4,050 (-72.8%), from €5,567 to €1,517
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 | €43,523 | €36,767 | -€6,756 | -15.5% |
| Fixed assets | 21/28 | €8,360 | €6,457 | -€1,903 | -22.8% |
| Tangible fixed assets | 22/27 | €8,110 | €6,207 | -€1,903 | -23.5% |
| Other tangible fixed assets | 26 | €8,110 | €6,207 | -€1,903 | -23.5% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €35,163 | €30,310 | -€4,853 | -13.8% |
| Amounts receivable within one year | 40/41 | €11,971 | €14,458 | +€2,487 | +20.8% |
| Trade receivables | 40 | €8,915 | €14,034 | +€5,119 | +57.4% |
| Other amounts receivable | 41 | €3,056 | €424 | -€2,632 | -86.1% |
| Current investments | 50/53 | - | €13,148 | +€13,148 | |
| Cash at bank and in hand | 54/58 | €21,142 | - | -€21,142 | |
| Deferred charges and accrued income | 490/1 | €2,050 | €2,704 | +€654 | +31.9% |
| Total equity and liabilities | 10/49 | €43,523 | €36,767 | -€6,756 | -15.5% |
| Equity | 10/15 | €2,037 | €2,523 | +€486 | +23.9% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €537 | €1,023 | +€486 | +90.5% |
| Amounts payable | 17/49 | €41,486 | €34,244 | -€7,242 | -17.5% |
| Amounts payable after more than one year | 17 | €4,022 | €585 | -€3,437 | -85.5% |
| Financial debts | 170/4 | €4,022 | €585 | -€3,437 | -85.5% |
| Amounts payable within one year | 42/48 | €37,464 | €33,659 | -€3,805 | -10.2% |
| Current portion of amounts payable after more than one year | 42 | €3,311 | €3,436 | +€125 | +3.8% |
| Trade debts | 44 | €11,364 | €2,918 | -€8,446 | -74.3% |
| Suppliers | 440/4 | €11,364 | €2,918 | -€8,446 | -74.3% |
| Taxes, remuneration and social security | 45 | €6,789 | €6,503 | -€286 | -4.2% |
| Taxes | 450/3 | €6,789 | €6,503 | -€286 | -4.2% |
| Other amounts payable | 47/48 | €16,000 | €20,802 | +€4,802 | +30.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,403 | €1,903 | +€500 | +35.6% |
| Other operating charges | 640/8 | €5,567 | €1,517 | -€4,050 | -72.8% |
| Gross operating margin | 9900 | €28,100 | €51,904 | +€23,804 | +84.7% |
| Operating profit (loss) | 9901 | €21,130 | €48,484 | +€27,354 | +129% |
| Financial income | 75/76B | €42 | €359 | +€317 | +755% |
| Recurring financial income | 75 | €42 | €359 | +€317 | +755% |
| Financial charges | 65/66B | €1,461 | €5,781 | +€4,320 | +296% |
| Recurring financial charges | 65 | €1,461 | €5,781 | +€4,320 | +296% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €19,711 | €43,062 | +€23,351 | +118% |
| Income taxes | 67/77 | €4,974 | €10,576 | +€5,602 | +113% |
| Profit (loss) for the period | 9904 | €14,737 | €32,486 | +€17,749 | +120% |
| Profit (loss) for the period to be appropriated | 9905 | €14,737 | €32,486 | +€17,749 | +120% |
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 14 October 2026 via checked.be.