FT & S 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.
FT & S CONSULTING
Largest movements
- Financial fixed assets +€98,000
new in 2025: €98,000
- Cash -€28,044
down €28,044 (-41.5%), from €67,600 to €39,555
mainly Investment in fixed assets (net) (-€99,041) and Other debts (-€5,138)
- Receivables within one year -€17,546
down €17,546 (-46.0%), from €38,108 to €20,562
of which Trade receivables: -€18,958
- Reserves +€58,499
up €58,499 (+79.6%), from €73,474 to €131,973
- Other debts -€5,138
no longer reported in 2025 (was €5,138)
- Trade debts -€4,159
down €4,159 (-67.2%), from €6,193 to €2,034
- Tax, wage and social debts +€2,384
up €2,384 (+30.7%), from €7,767 to €10,151
- Gross operating margin -€20,802
down €20,802 (-20.3%), from €102,336 to €81,534
- Taxes -€6,058
down €6,058 (-22.6%), from €26,767 to €20,709
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 | €111,173 | €162,759 | +€51,586 | +46.4% |
| Fixed assets | 21/28 | €5,465 | €102,641 | +€97,176 | +1,778% |
| Tangible fixed assets | 22/27 | €5,465 | €4,641 | -€824 | -15.1% |
| Plant, machinery and equipment | 23 | €1,796 | €1,786 | -€10 | -0.6% |
| Furniture and vehicles | 24 | €2,509 | €1,986 | -€524 | -20.9% |
| Other tangible fixed assets | 26 | €1,160 | €870 | -€290 | -25.0% |
| Financial fixed assets | 28 | - | €98,000 | +€98,000 | |
| Current assets | 29/58 | €105,708 | €60,117 | -€45,590 | -43.1% |
| Amounts receivable within one year | 40/41 | €38,108 | €20,562 | -€17,546 | -46.0% |
| Trade receivables | 40 | €37,068 | €18,110 | -€18,958 | -51.1% |
| Other amounts receivable | 41 | €1,040 | €2,452 | +€1,412 | +136% |
| Cash at bank and in hand | 54/58 | €67,600 | €39,555 | -€28,044 | -41.5% |
| Total equity and liabilities | 10/49 | €111,173 | €162,759 | +€51,586 | +46.4% |
| Equity | 10/15 | €92,074 | €150,573 | +€58,499 | +63.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €73,474 | €131,973 | +€58,499 | +79.6% |
| Distributable reserves | 133 | €73,474 | €131,973 | +€58,499 | +79.6% |
| Amounts payable | 17/49 | €19,099 | €12,185 | -€6,913 | -36.2% |
| Amounts payable within one year | 42/48 | €19,099 | €12,185 | -€6,913 | -36.2% |
| Trade debts | 44 | €6,193 | €2,034 | -€4,159 | -67.2% |
| Suppliers | 440/4 | €6,193 | €2,034 | -€4,159 | -67.2% |
| Taxes, remuneration and social security | 45 | €7,767 | €10,151 | +€2,384 | +30.7% |
| Taxes | 450/3 | €7,767 | €10,151 | +€2,384 | +30.7% |
| Other amounts payable | 47/48 | €5,138 | - | -€5,138 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,291 | €1,865 | +€573 | +44.4% |
| Other operating charges | 640/8 | €726 | €408 | -€318 | -43.9% |
| Gross operating margin | 9900 | €102,336 | €81,534 | -€20,802 | -20.3% |
| Operating profit (loss) | 9901 | €100,319 | €79,262 | -€21,057 | -21.0% |
| Financial income | 75/76B | €0 | €29 | +€29 | +286,400% |
| Recurring financial income | 75 | €0 | €29 | +€29 | +286,400% |
| Financial charges | 65/66B | €77 | €82 | +€5 | +6.3% |
| Recurring financial charges | 65 | €77 | €82 | +€5 | +6.3% |
| Profit (loss) for the period before taxes | 9903 | €100,241 | €79,208 | -€21,033 | -21.0% |
| Income taxes | 67/77 | €26,767 | €20,709 | -€6,058 | -22.6% |
| Profit (loss) for the period | 9904 | €73,474 | €58,499 | -€14,975 | -20.4% |
| Profit (loss) for the period to be appropriated | 9905 | €73,474 | €58,499 | -€14,975 | -20.4% |
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 23 October 2026 via checked.be.