FVE 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.
FVE CONSULTING
Largest movements
- Current investments -€30,617
down €30,617 (-51.9%), from €59,000 to €28,383
- Tangible fixed assets -€17,193
down €17,193 (-27.1%), from €63,446 to €46,253
of which Land and buildings: -€10,765
- Cash +€6,152
up €6,152 (+42.9%), from €14,351 to €20,503
mainly Current investments (+€30,617) and Depreciation (+€24,308)
- Receivables within one year -€5,796
down €5,796 (-8.4%), from €68,876 to €63,080
of which Other amounts receivable: -€4,836
- Deferred charges and accrued income -€4,152
down €4,152 (-94.4%), from €4,400 to €248
- Profit (loss) carried forward -€51,139
down €51,139 (-381.7%), from -€13,399 to -€64,538
- Debts after one year -€2,619
down €2,619 (-27.0%), from €9,705 to €7,086
of which Financial debts: -€2,619
- Financial charges +€60,026
up €60,026 (+2223.1%), from €2,700 to €62,726
- Depreciation -€6,717
down €6,717 (-21.6%), from €31,025 to €24,308
- Gross operating margin -€3,112
down €3,112 (-8.1%), from €38,413 to €35,301
- Other operating charges -€555
down €555 (-18.4%), from €3,020 to €2,465
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 | €210,140 | €158,534 | -€51,606 | -24.6% |
| Fixed assets | 21/28 | €63,514 | €46,321 | -€17,193 | -27.1% |
| Tangible fixed assets | 22/27 | €63,446 | €46,253 | -€17,193 | -27.1% |
| Land and buildings | 22 | €50,742 | €39,977 | -€10,765 | -21.2% |
| Plant, machinery and equipment | 23 | €5,734 | €3,823 | -€1,911 | -33.3% |
| Furniture and vehicles | 24 | €6,970 | €2,453 | -€4,517 | -64.8% |
| Financial fixed assets | 28 | €68 | €68 | = | 0.0% |
| Current assets | 29/58 | €146,626 | €112,213 | -€34,413 | -23.5% |
| Amounts receivable within one year | 40/41 | €68,876 | €63,080 | -€5,796 | -8.4% |
| Trade receivables | 40 | €11,737 | €10,777 | -€960 | -8.2% |
| Other amounts receivable | 41 | €57,139 | €52,303 | -€4,836 | -8.5% |
| Current investments | 50/53 | €59,000 | €28,383 | -€30,617 | -51.9% |
| Cash at bank and in hand | 54/58 | €14,351 | €20,503 | +€6,152 | +42.9% |
| Deferred charges and accrued income | 490/1 | €4,400 | €248 | -€4,152 | -94.4% |
| Total equity and liabilities | 10/49 | €210,140 | €158,534 | -€51,606 | -24.6% |
| Equity | 10/15 | €118,860 | €67,721 | -€51,139 | -43.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €119,859 | €119,859 | = | 0.0% |
| Distributable reserves | 133 | €119,859 | €119,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,399 | -€64,538 | -€51,139 | -381.7% |
| Amounts payable | 17/49 | €91,280 | €90,813 | -€468 | -0.5% |
| Amounts payable after more than one year | 17 | €9,705 | €7,086 | -€2,619 | -27.0% |
| Financial debts | 170/4 | €9,704 | €7,085 | -€2,619 | -27.0% |
| Other amounts payable | 178/9 | €1 | €1 | = | 0.0% |
| Amounts payable within one year | 42/48 | €81,576 | €83,727 | +€2,151 | +2.6% |
| Current portion of amounts payable after more than one year | 42 | €2,553 | €2,619 | +€66 | +2.6% |
| Financial debts | 43 | €67,083 | €69,090 | +€2,007 | +3.0% |
| Other loans | 439 | €67,083 | €69,090 | +€2,007 | +3.0% |
| Trade debts | 44 | €861 | €1,726 | +€865 | +100.4% |
| Suppliers | 440/4 | €861 | €1,726 | +€865 | +100.4% |
| Taxes, remuneration and social security | 45 | €11,078 | €10,291 | -€787 | -7.1% |
| Taxes | 450/3 | €11,078 | €10,291 | -€787 | -7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,025 | €24,308 | -€6,717 | -21.6% |
| Other operating charges | 640/8 | €3,020 | €2,465 | -€555 | -18.4% |
| Gross operating margin | 9900 | €38,413 | €35,301 | -€3,112 | -8.1% |
| Operating profit (loss) | 9901 | €4,367 | €8,527 | +€4,160 | +95.3% |
| Financial income | 75/76B | €3,053 | €3,388 | +€335 | +11.0% |
| Recurring financial income | 75 | €3,053 | €3,388 | +€335 | +11.0% |
| Financial charges | 65/66B | €2,700 | €62,726 | +€60,026 | +2223.1% |
| Recurring financial charges | 65 | €2,700 | €62,726 | +€60,026 | +2223.1% |
| Profit (loss) for the period before taxes | 9903 | €4,720 | -€50,812 | -€55,531 | |
| Income taxes | 67/77 | €343 | €327 | -€16 | -4.7% |
| Profit (loss) for the period | 9904 | €4,376 | -€51,139 | -€55,515 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,376 | -€51,139 | -€55,515 |
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 12 October 2026 via checked.be.