Frontwise Advice: 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.
Frontwise Advice
Largest movements
- Current investments +€83,021
new in 2025: €83,021
- Cash +€35,630
up €35,630 (+266.5%), from €13,369 to €48,999
mainly Net result for the year (+€120,727) and Tax, wage and social debts (+€32,425)
- Tangible fixed assets +€28,438
up €28,438 (+51.9%), from €54,767 to €83,205
of which Other tangible fixed assets: +€37,367
- Receivables within one year +€4,107
up €4,107 (+8.7%), from €47,452 to €51,559
of which Trade receivables: +€2,887
- Reserves +€120,727
up €120,727 (+151.6%), from €79,646 to €200,373
- Tax, wage and social debts +€32,425
up €32,425 (+105.6%), from €30,711 to €63,135
- Gross operating margin +€58,276
up €58,276 (+52.9%), from €110,081 to €168,357
- Taxes +€13,117
up €13,117 (+61.0%), from €21,500 to €34,617
- Depreciation +€6,095
up €6,095 (+69.3%), from €8,792 to €14,887
- Financial income +€2,817
new in 2025: €2,817
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 | €116,169 | €268,073 | +€151,903 | +130.8% |
| Fixed assets | 21/28 | €54,767 | €83,205 | +€28,438 | +51.9% |
| Tangible fixed assets | 22/27 | €54,767 | €83,205 | +€28,438 | +51.9% |
| Plant, machinery and equipment | 23 | €3,752 | €6,639 | +€2,887 | +76.9% |
| Furniture and vehicles | 24 | €51,015 | €39,199 | -€11,815 | -23.2% |
| Other tangible fixed assets | 26 | - | €37,367 | +€37,367 | |
| Current assets | 29/58 | €61,402 | €184,868 | +€123,465 | +201.1% |
| Amounts receivable within one year | 40/41 | €47,452 | €51,559 | +€4,107 | +8.7% |
| Trade receivables | 40 | €47,447 | €50,334 | +€2,887 | +6.1% |
| Other amounts receivable | 41 | €4 | €1,225 | +€1,221 | +29627.2% |
| Current investments | 50/53 | - | €83,021 | +€83,021 | |
| Cash at bank and in hand | 54/58 | €13,369 | €48,999 | +€35,630 | +266.5% |
| Deferred charges and accrued income | 490/1 | €582 | €1,289 | +€707 | +121.4% |
| Total equity and liabilities | 10/49 | €116,169 | €268,073 | +€151,903 | +130.8% |
| Equity | 10/15 | €81,646 | €202,373 | +€120,727 | +147.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €79,646 | €200,373 | +€120,727 | +151.6% |
| Distributable reserves | 133 | €79,646 | €200,373 | +€120,727 | +151.6% |
| Amounts payable | 17/49 | €34,524 | €65,700 | +€31,176 | +90.3% |
| Amounts payable within one year | 42/48 | €33,458 | €64,633 | +€31,175 | +93.2% |
| Trade debts | 44 | €2,336 | €1,498 | -€839 | -35.9% |
| Suppliers | 440/4 | €2,336 | €1,498 | -€839 | -35.9% |
| Taxes, remuneration and social security | 45 | €30,711 | €63,135 | +€32,425 | +105.6% |
| Taxes | 450/3 | €30,711 | €63,135 | +€32,425 | +105.6% |
| Other amounts payable | 47/48 | €411 | - | -€411 | |
| Accrued charges and deferred income | 492/3 | €1,066 | €1,067 | +€1 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,792 | €14,887 | +€6,095 | +69.3% |
| Gross operating margin | 9900 | €110,081 | €168,357 | +€58,276 | +52.9% |
| Operating profit (loss) | 9901 | €101,289 | €153,470 | +€52,181 | +51.5% |
| Financial income | 75/76B | - | €2,817 | +€2,817 | |
| Recurring financial income | 75 | - | €2,817 | +€2,817 | |
| Financial charges | 65/66B | €144 | €943 | +€799 | +555.5% |
| Recurring financial charges | 65 | €144 | €943 | +€799 | +555.5% |
| Profit (loss) for the period before taxes | 9903 | €101,146 | €155,344 | +€54,198 | +53.6% |
| Income taxes | 67/77 | €21,500 | €34,617 | +€13,117 | +61.0% |
| Profit (loss) for the period | 9904 | €79,646 | €120,727 | +€41,082 | +51.6% |
| Profit (loss) for the period to be appropriated | 9905 | €79,646 | €120,727 | +€41,082 | +51.6% |
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 3 October 2026 via checked.be.