FV Consultancy: 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.
FV Consultancy
Largest movements
- Current investments +€200,000
new in 2025: €200,000
- Receivables within one year -€99,675
down €99,675 (-99.2%), from €100,478 to €804
of which Trade receivables: -€100,000
- Cash +€52,794
up €52,794 (+72.9%), from €72,405 to €125,199
mainly Net result for the year (+€117,665) and Receivables within one year (+€99,675)
- Reserves +€117,665
up €117,665 (+84.9%), from €138,641 to €256,306
- Tax, wage and social debts +€29,910
up €29,910 (+106.7%), from €28,032 to €57,943
- Short-term financial debts +€8,064
new in 2025: €8,064
- Gross operating margin -€23,815
down €23,815 (-12.1%), from €196,799 to €172,985
- Taxes -€3,122
down €3,122 (-5.4%), from €58,032 to €54,910
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 | €172,883 | €327,312 | +€154,429 | +89.3% |
| Fixed assets | 21/28 | - | €1,310 | +€1,310 | |
| Tangible fixed assets | 22/27 | - | €1,310 | +€1,310 | |
| Plant, machinery and equipment | 23 | - | €1,310 | +€1,310 | |
| Current assets | 29/58 | €172,883 | €326,003 | +€153,120 | +88.6% |
| Amounts receivable within one year | 40/41 | €100,478 | €804 | -€99,675 | -99.2% |
| Trade receivables | 40 | €100,000 | - | -€100,000 | |
| Other amounts receivable | 41 | €478 | €804 | +€326 | +68.0% |
| Current investments | 50/53 | - | €200,000 | +€200,000 | |
| Cash at bank and in hand | 54/58 | €72,405 | €125,199 | +€52,794 | +72.9% |
| Total equity and liabilities | 10/49 | €172,883 | €327,312 | +€154,429 | +89.3% |
| Equity | 10/15 | €143,641 | €261,306 | +€117,665 | +81.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €138,641 | €256,306 | +€117,665 | +84.9% |
| Distributable reserves | 133 | €138,641 | €256,306 | +€117,665 | +84.9% |
| Amounts payable | 17/49 | €29,242 | €66,007 | +€36,764 | +125.7% |
| Amounts payable within one year | 42/48 | €29,242 | €66,007 | +€36,764 | +125.7% |
| Financial debts | 43 | - | €8,064 | +€8,064 | |
| Credit institutions | 430/8 | - | €8,064 | +€8,064 | |
| Trade debts | 44 | €1,210 | - | -€1,210 | |
| Suppliers | 440/4 | €1,210 | - | -€1,210 | |
| Taxes, remuneration and social security | 45 | €28,032 | €57,943 | +€29,910 | +106.7% |
| Taxes | 450/3 | €28,032 | €57,943 | +€29,910 | +106.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €219 | +€219 | |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €196,799 | €172,985 | -€23,815 | -12.1% |
| Operating profit (loss) | 9901 | €196,681 | €172,645 | -€24,036 | -12.2% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €8 | €70 | +€62 | +758.9% |
| Recurring financial charges | 65 | €8 | €70 | +€62 | +758.9% |
| Profit (loss) for the period before taxes | 9903 | €196,673 | €172,575 | -€24,098 | -12.3% |
| Income taxes | 67/77 | €58,032 | €54,910 | -€3,122 | -5.4% |
| Profit (loss) for the period | 9904 | €138,641 | €117,665 | -€20,976 | -15.1% |
| Profit (loss) for the period to be appropriated | 9905 | €138,641 | €117,665 | -€20,976 | -15.1% |
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 4 October 2026 via checked.be.