FSM Consulting: 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.
FSM Consulting
Largest movements
- Deferred charges and accrued income +€13,533
up €13,533 (+6,559%), from €206 to €13,740
- Cash +€12,952
up €12,952 (+76.2%), from €17,000 to €29,952
mainly Net result for the year (+€25,137) and Tax, wage and social debts (+€9,979)
- Receivables within one year -€5,809
down €5,809 (-21.7%), from €26,761 to €20,952
of which Other amounts receivable: -€3,522
- Tangible fixed assets -€4,086
down €4,086 (-45.7%), from €8,942 to €4,856
- Profit (loss) carried forward +€25,137
up €25,137 (+110%), from €22,812 to €47,949
- Trade debts -€19,351
down €19,351 (-86.9%), from €22,259 to €2,908
- Tax, wage and social debts +€9,979
up €9,979 (+360%), from €2,775 to €12,753
of which Taxes: +€8,229
- Other debts +€827
up €827 (+1,326%), from €62 to €889
- Gross operating margin +€44,062
up €44,062, from -€5,577 to €38,485
- Write-downs +€10,000
up €10,000, from -€10,000 to €0
- Taxes +€7,537
up €7,537 (+586%), from €1,286 to €8,824
- Depreciation -€5,074
down €5,074 (-57.9%), from €8,767 to €3,693
- Financial income -€2,476
down €2,476 (-92.2%), from €2,687 to €211
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 | €52,909 | €69,500 | +€16,591 | +31.4% |
| Fixed assets | 21/28 | €8,942 | €4,856 | -€4,086 | -45.7% |
| Tangible fixed assets | 22/27 | €8,942 | €4,856 | -€4,086 | -45.7% |
| Furniture and vehicles | 24 | €8,942 | €4,856 | -€4,086 | -45.7% |
| Current assets | 29/58 | €43,967 | €64,644 | +€20,677 | +47.0% |
| Amounts receivable within one year | 40/41 | €26,761 | €20,952 | -€5,809 | -21.7% |
| Trade receivables | 40 | €23,239 | €20,952 | -€2,287 | -9.8% |
| Other amounts receivable | 41 | €3,522 | €0 | -€3,522 | -100% |
| Cash at bank and in hand | 54/58 | €17,000 | €29,952 | +€12,952 | +76.2% |
| Deferred charges and accrued income | 490/1 | €206 | €13,740 | +€13,533 | +6,559% |
| Total equity and liabilities | 10/49 | €52,909 | €69,500 | +€16,591 | +31.4% |
| Equity | 10/15 | €27,812 | €52,949 | +€25,137 | +90.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,812 | €47,949 | +€25,137 | +110% |
| Amounts payable | 17/49 | €25,096 | €16,550 | -€8,546 | -34.1% |
| Amounts payable within one year | 42/48 | €25,096 | €16,550 | -€8,546 | -34.1% |
| Trade debts | 44 | €22,259 | €2,908 | -€19,351 | -86.9% |
| Suppliers | 440/4 | €22,259 | €2,908 | -€19,351 | -86.9% |
| Taxes, remuneration and social security | 45 | €2,775 | €12,753 | +€9,979 | +360% |
| Taxes | 450/3 | €2,775 | €11,003 | +€8,229 | +297% |
| Remuneration and social security | 454/9 | - | €1,750 | +€1,750 | |
| Other amounts payable | 47/48 | €62 | €889 | +€827 | +1,326% |
| Non-recurring operating income | 76A | - | €2,976 | +€2,976 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,767 | €3,693 | -€5,074 | -57.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€10,000 | €0 | +€10,000 | |
| Other operating charges | 640/8 | €70 | €430 | +€360 | +514% |
| Gross operating margin | 9900 | -€5,577 | €38,485 | +€44,062 | |
| Operating profit (loss) | 9901 | -€4,415 | €34,362 | +€38,777 | |
| Financial income | 75/76B | €2,687 | €211 | -€2,476 | -92.2% |
| Recurring financial income | 75 | €2,687 | €211 | -€2,476 | -92.2% |
| Financial charges | 65/66B | €114 | €612 | +€499 | +439% |
| Recurring financial charges | 65 | €114 | €612 | +€499 | +439% |
| Profit (loss) for the period before taxes | 9903 | -€1,842 | €33,961 | +€35,803 | |
| Income taxes | 67/77 | €1,286 | €8,824 | +€7,537 | +586% |
| Profit (loss) for the period | 9904 | -€3,128 | €25,137 | +€28,265 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,128 | €25,137 | +€28,265 |
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 16 October 2026 via checked.be.