FvR Consult: 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.
FvR Consult
Largest movements
- Cash +€135,536
up €135,536 (+117.8%), from €115,019 to €250,555
mainly Net result for the year (+€119,105) and Depreciation (+€13,509)
- Tangible fixed assets -€13,509
down €13,509 (-92.4%), from €14,616 to €1,107
of which Furniture and vehicles: -€12,357
- Receivables within one year -€5,399
down €5,399 (-72.2%), from €7,483 to €2,084
of which Trade receivables: -€4,437
- Profit (loss) carried forward +€69,105
up €69,105 (+137.0%), from €50,426 to €119,531
- Reserves +€50,000
up €50,000 (+66.7%), from €75,000 to €125,000
- Gross operating margin +€39,638
up €39,638 (+33.8%), from €117,407 to €157,045
- Taxes -€8,750
down €8,750 (-27.0%), from €32,464 to €23,715
- Financial income -€7,813
down €7,813 (-99.9%), from €7,824 to €11
- Financial charges -€7,170
down €7,170 (-98.9%), from €7,251 to €81
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 | €137,125 | €253,745 | +€116,620 | +85.0% |
| Fixed assets | 21/28 | €14,616 | €1,107 | -€13,509 | -92.4% |
| Tangible fixed assets | 22/27 | €14,616 | €1,107 | -€13,509 | -92.4% |
| Plant, machinery and equipment | 23 | €2,258 | €1,107 | -€1,152 | -51.0% |
| Furniture and vehicles | 24 | €12,357 | - | -€12,357 | |
| Current assets | 29/58 | €122,510 | €252,638 | +€130,129 | +106.2% |
| Amounts receivable within one year | 40/41 | €7,483 | €2,084 | -€5,399 | -72.2% |
| Trade receivables | 40 | €6,290 | €1,853 | -€4,437 | -70.5% |
| Other amounts receivable | 41 | €1,193 | €231 | -€962 | -80.6% |
| Cash at bank and in hand | 54/58 | €115,019 | €250,555 | +€135,536 | +117.8% |
| Deferred charges and accrued income | 490/1 | €8 | - | -€8 | |
| Total equity and liabilities | 10/49 | €137,125 | €253,745 | +€116,620 | +85.0% |
| Equity | 10/15 | €130,426 | €249,531 | +€119,105 | +91.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €75,000 | €125,000 | +€50,000 | +66.7% |
| Distributable reserves | 133 | €75,000 | €125,000 | +€50,000 | +66.7% |
| Profit (loss) carried forward | 14 | €50,426 | €119,531 | +€69,105 | +137.0% |
| Amounts payable | 17/49 | €6,700 | €4,214 | -€2,486 | -37.1% |
| Amounts payable after more than one year | 17 | €4,373 | €3,026 | -€1,347 | -30.8% |
| Other amounts payable | 178/9 | €4,373 | €3,026 | -€1,347 | -30.8% |
| Amounts payable within one year | 42/48 | - | €207 | +€207 | |
| Trade debts | 44 | - | €149 | +€149 | |
| Suppliers | 440/4 | - | €149 | +€149 | |
| Taxes, remuneration and social security | 45 | - | €59 | +€59 | |
| Taxes | 450/3 | - | €59 | +€59 | |
| Accrued charges and deferred income | 492/3 | €2,326 | €980 | -€1,346 | -57.9% |
| Non-recurring operating income | 76A | - | €2,037 | +€2,037 | |
| Remuneration, social security and pensions | 62 | €222 | €344 | +€122 | +54.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,336 | €13,509 | +€173 | +1.3% |
| Other operating charges | 640/8 | €650 | €301 | -€349 | -53.7% |
| Gross operating margin | 9900 | €117,407 | €157,045 | +€39,638 | +33.8% |
| Operating profit (loss) | 9901 | €103,198 | €142,891 | +€39,693 | +38.5% |
| Financial income | 75/76B | €7,824 | €11 | -€7,813 | -99.9% |
| Recurring financial income | 75 | €7,824 | €11 | -€7,813 | -99.9% |
| Financial charges | 65/66B | €7,251 | €81 | -€7,170 | -98.9% |
| Recurring financial charges | 65 | €7,251 | €81 | -€7,170 | -98.9% |
| Profit (loss) for the period before taxes | 9903 | €103,771 | €142,820 | +€39,049 | +37.6% |
| Income taxes | 67/77 | €32,464 | €23,715 | -€8,750 | -27.0% |
| Profit (loss) for the period | 9904 | €71,306 | €119,105 | +€47,799 | +67.0% |
| Profit (loss) for the period to be appropriated | 9905 | €71,306 | €119,105 | +€47,799 | +67.0% |
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 7 October 2026 via checked.be.