FRS 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.
FRS Consultancy
Largest movements
- Receivables after one year +€15,523
new in 2025: €15,523
- Cash -€11,862
down €11,862 (-46.4%), from €25,540 to €13,678
mainly Receivables after one year (-€15,523) and Contributions, distributions and other (-€8,995)
- Tangible fixed assets +€846
up €846 (+8.2%), from €10,288 to €11,133
of which Furniture and vehicles: +€3,478
- Reserves +€3,883
up €3,883 (+9.1%), from €42,809 to €46,691
of which Distributable reserves: +€5,743
- Tax, wage and social debts +€982
up €982 (+35.1%), from €2,798 to €3,779
of which Taxes: +€757
- Trade debts -€962
down €962 (-23.5%), from €4,097 to €3,135
- Other debts +€865
new in 2025: €865
- Financial charges +€1,724
up €1,724 (+265.8%), from €649 to €2,372
- Staff costs +€1,669
new in 2025: €1,669
- Gross operating margin +€1,645
up €1,645 (+6.4%), from €25,904 to €27,549
- Taxes -€1,108
down €1,108 (-17.0%), from €6,508 to €5,400
- Other operating charges +€434
up €434 (+60.2%), from €721 to €1,155
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 | €68,303 | €73,071 | +€4,767 | +7.0% |
| Fixed assets | 21/28 | €10,288 | €11,133 | +€846 | +8.2% |
| Tangible fixed assets | 22/27 | €10,288 | €11,133 | +€846 | +8.2% |
| Plant, machinery and equipment | 23 | €5,193 | €2,561 | -€2,632 | -50.7% |
| Furniture and vehicles | 24 | €5,095 | €8,572 | +€3,478 | +68.3% |
| Current assets | 29/58 | €58,016 | €61,937 | +€3,922 | +6.8% |
| Amounts receivable after more than one year | 29 | - | €15,523 | +€15,523 | |
| Other amounts receivable | 291 | - | €15,523 | +€15,523 | |
| Amounts receivable within one year | 40/41 | €31,387 | €32,003 | +€616 | +2.0% |
| Trade receivables | 40 | €30,649 | €30,649 | = | 0.0% |
| Other amounts receivable | 41 | €737 | €1,354 | +€616 | +83.6% |
| Cash at bank and in hand | 54/58 | €25,540 | €13,678 | -€11,862 | -46.4% |
| Deferred charges and accrued income | 490/1 | €1,090 | €734 | -€356 | -32.6% |
| Total equity and liabilities | 10/49 | €68,303 | €73,071 | +€4,767 | +7.0% |
| Equity | 10/15 | €61,409 | €65,291 | +€3,883 | +6.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €42,809 | €46,691 | +€3,883 | +9.1% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | €40,949 | €46,691 | +€5,743 | +14.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €6,895 | €7,779 | +€885 | +12.8% |
| Amounts payable within one year | 42/48 | €6,895 | €7,779 | +€885 | +12.8% |
| Trade debts | 44 | €4,097 | €3,135 | -€962 | -23.5% |
| Suppliers | 440/4 | €4,097 | €3,135 | -€962 | -23.5% |
| Taxes, remuneration and social security | 45 | €2,798 | €3,779 | +€982 | +35.1% |
| Taxes | 450/3 | €992 | €1,749 | +€757 | +76.3% |
| Remuneration and social security | 454/9 | €1,806 | €2,030 | +€224 | +12.4% |
| Other amounts payable | 47/48 | - | €865 | +€865 | |
| Remuneration, social security and pensions | 62 | - | €1,669 | +€1,669 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,335 | €4,076 | -€260 | -6.0% |
| Other operating charges | 640/8 | €721 | €1,155 | +€434 | +60.2% |
| Gross operating margin | 9900 | €25,904 | €27,549 | +€1,645 | +6.4% |
| Operating profit (loss) | 9901 | €20,848 | €20,649 | -€199 | -1.0% |
| Financial income | 75/76B | - | €0 | = | |
| Recurring financial income | 75 | - | €0 | = | |
| Financial charges | 65/66B | €649 | €2,372 | +€1,724 | +265.8% |
| Recurring financial charges | 65 | €649 | €2,372 | +€1,724 | +265.8% |
| Profit (loss) for the period before taxes | 9903 | €20,199 | €18,277 | -€1,922 | -9.5% |
| Income taxes | 67/77 | €6,508 | €5,400 | -€1,108 | -17.0% |
| Profit (loss) for the period | 9904 | €13,691 | €12,877 | -€814 | -5.9% |
| Profit (loss) for the period to be appropriated | 9905 | €13,691 | €12,877 | -€814 | -5.9% |
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 9 October 2026 via checked.be.