FROM Consulting: what changed
Two fiscal 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.
FROM Consulting
Largest movements
- Stocks and contracts -€425,082
down €425,082 (-100.0%), from €425,082 to €0
- Cash +€211,491
up €211,491 (+406.7%), from €52,004 to €263,495
mainly Stocks and contracts (+€425,082) and Tax, wage and social debts (+€107,238)
- Current investments +€100,000
new in 2025: €100,000
- Tangible fixed assets -€71,306
down €71,306 (-93.0%), from €76,656 to €5,350
- Receivables within one year -€45,079
down €45,079 (-67.0%), from €67,236 to €22,157
of which Trade receivables: -€31,634
- Other debts -€116,440
down €116,440 (-79.9%), from €145,682 to €29,241
- Tax, wage and social debts +€107,238
up €107,238 (+3971.8%), from €2,700 to €109,938
of which Taxes: +€107,238
- Profit (loss) carried forward -€96,216
down €96,216 (-100.0%), from €96,216 to €0
- Short-term financial debts -€80,000
down €80,000 (-100.0%), from €80,000 to €0
- Debts after one year -€31,408
down €31,408 (-100.0%), from €31,408 to €0
- Gross operating margin -€33,712
down €33,712 (-43.6%), from €77,390 to €43,677
- Depreciation -€19,435
down €19,435 (-86.6%), from €22,438 to €3,002
- Financial charges -€10,051
down €10,051 (-65.3%), from €15,381 to €5,330
- Taxes +€2,979
up €2,979 (+34.7%), from €8,577 to €11,556
- Other operating charges -€2,392
down €2,392 (-72.8%), from €3,285 to €893
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.
Cash bridge derived
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 | €627,130 | €394,365 | -€232,765 | -37.1% |
| Fixed assets | 21/28 | €76,656 | €5,350 | -€71,306 | -93.0% |
| Tangible fixed assets | 22/27 | €76,656 | €5,350 | -€71,306 | -93.0% |
| Furniture and vehicles | 24 | €76,656 | €5,350 | -€71,306 | -93.0% |
| Current assets | 29/58 | €550,474 | €389,015 | -€161,459 | -29.3% |
| Stocks and contracts in progress | 3 | €425,082 | €0 | -€425,082 | -100.0% |
| Stocks | 30/36 | €425,082 | €0 | -€425,082 | -100.0% |
| Amounts receivable within one year | 40/41 | €67,236 | €22,157 | -€45,079 | -67.0% |
| Trade receivables | 40 | €31,634 | €0 | -€31,634 | -100.0% |
| Other amounts receivable | 41 | €35,602 | €22,157 | -€13,445 | -37.8% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €52,004 | €263,495 | +€211,491 | +406.7% |
| Deferred charges and accrued income | 490/1 | €6,152 | €3,363 | -€2,789 | -45.3% |
| Total equity and liabilities | 10/49 | €627,130 | €394,365 | -€232,765 | -37.1% |
| Equity | 10/15 | €318,459 | €245,139 | -€73,320 | -23.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €220,243 | €243,139 | +€22,896 | +10.4% |
| Distributable reserves | 133 | €220,243 | €243,139 | +€22,896 | +10.4% |
| Profit (loss) carried forward | 14 | €96,216 | €0 | -€96,216 | -100.0% |
| Amounts payable | 17/49 | €308,671 | €149,226 | -€159,445 | -51.7% |
| Amounts payable after more than one year | 17 | €31,408 | €0 | -€31,408 | -100.0% |
| Financial debts | 170/4 | €31,408 | €0 | -€31,408 | -100.0% |
| Amounts payable within one year | 42/48 | €266,587 | €141,439 | -€125,147 | -46.9% |
| Current portion of amounts payable after more than one year | 42 | €11,763 | €0 | -€11,763 | -100.0% |
| Financial debts | 43 | €80,000 | €0 | -€80,000 | -100.0% |
| Credit institutions | 430/8 | €80,000 | €0 | -€80,000 | -100.0% |
| Trade debts | 44 | €26,442 | €2,259 | -€24,183 | -91.5% |
| Suppliers | 440/4 | €26,442 | €2,259 | -€24,183 | -91.5% |
| Taxes, remuneration and social security | 45 | €2,700 | €109,938 | +€107,238 | +3971.8% |
| Taxes | 450/3 | €2,700 | €109,938 | +€107,238 | +3971.8% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €145,682 | €29,241 | -€116,440 | -79.9% |
| Accrued charges and deferred income | 492/3 | €10,676 | €7,787 | -€2,889 | -27.1% |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,438 | €3,002 | -€19,435 | -86.6% |
| Other operating charges | 640/8 | €3,285 | €893 | -€2,392 | -72.8% |
| Gross operating margin | 9900 | €77,390 | €43,677 | -€33,712 | -43.6% |
| Operating profit (loss) | 9901 | €51,667 | €39,782 | -€11,885 | -23.0% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €15,381 | €5,330 | -€10,051 | -65.3% |
| Recurring financial charges | 65 | €15,381 | €5,330 | -€10,051 | -65.3% |
| Profit (loss) for the period before taxes | 9903 | €36,286 | €34,452 | -€1,834 | -5.1% |
| Income taxes | 67/77 | €8,577 | €11,556 | +€2,979 | +34.7% |
| Profit (loss) for the period | 9904 | €27,709 | €22,896 | -€4,813 | -17.4% |
| Profit (loss) for the period to be appropriated | 9905 | €27,709 | €22,896 | -€4,813 | -17.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.