FVR Consult: 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.
FVR Consult
Largest movements
- Tangible fixed assets -€8,816
down €8,816 (-30.7%), from €28,704 to €19,888
- Cash -€2,148
down €2,148 (-99.8%), from €2,152 to €5
mainly Net result for the year (-€15,444) and Accrued charges and deferred income (-€1,136)
- Receivables within one year -€641
down €641 (-6.7%), from €9,618 to €8,976
of which Trade receivables: -€1,380
- Profit (loss) carried forward -€15,444
down €15,444 (-93.7%), from -€16,478 to -€31,923
- Other debts +€5,901
up €5,901 (+13.1%), from €45,115 to €51,016
- Accrued charges and deferred income -€1,136
down €1,136 (-100.0%), from €1,136 to €0
- Trade debts -€1,132
down €1,132 (-81.5%), from €1,389 to €257
- Gross operating margin +€858
up €858 (+12.0%), from -€7,161 to -€6,303
- Other operating charges -€155
down €155 (-100.0%), from €155 to €0
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 | €40,743 | €29,001 | -€11,742 | -28.8% |
| Fixed assets | 21/28 | €28,836 | €20,020 | -€8,816 | -30.6% |
| Tangible fixed assets | 22/27 | €28,704 | €19,888 | -€8,816 | -30.7% |
| Furniture and vehicles | 24 | €28,704 | €19,888 | -€8,816 | -30.7% |
| Financial fixed assets | 28 | €132 | €132 | = | 0.0% |
| Current assets | 29/58 | €11,907 | €8,981 | -€2,926 | -24.6% |
| Amounts receivable within one year | 40/41 | €9,618 | €8,976 | -€641 | -6.7% |
| Trade receivables | 40 | €3,133 | €1,753 | -€1,380 | -44.0% |
| Other amounts receivable | 41 | €6,485 | €7,223 | +€738 | +11.4% |
| Cash at bank and in hand | 54/58 | €2,152 | €5 | -€2,148 | -99.8% |
| Deferred charges and accrued income | 490/1 | €137 | €0 | -€137 | -100.0% |
| Total equity and liabilities | 10/49 | €40,743 | €29,001 | -€11,742 | -28.8% |
| Equity | 10/15 | -€7,253 | -€22,697 | -€15,444 | -212.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €6,225 | €6,225 | = | 0.0% |
| Distributable reserves | 133 | €6,225 | €6,225 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,478 | -€31,923 | -€15,444 | -93.7% |
| Amounts payable | 17/49 | €47,996 | €51,699 | +€3,703 | +7.7% |
| Amounts payable within one year | 42/48 | €46,860 | €51,699 | +€4,838 | +10.3% |
| Trade debts | 44 | €1,389 | €257 | -€1,132 | -81.5% |
| Suppliers | 440/4 | €1,389 | €257 | -€1,132 | -81.5% |
| Taxes, remuneration and social security | 45 | €357 | €426 | +€69 | +19.2% |
| Taxes | 450/3 | €357 | €426 | +€69 | +19.2% |
| Other amounts payable | 47/48 | €45,115 | €51,016 | +€5,901 | +13.1% |
| Accrued charges and deferred income | 492/3 | €1,136 | €0 | -€1,136 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,816 | €8,816 | = | 0.0% |
| Other operating charges | 640/8 | €155 | €0 | -€155 | -100.0% |
| Gross operating margin | 9900 | -€7,161 | -€6,303 | +€858 | +12.0% |
| Operating profit (loss) | 9901 | -€16,132 | -€15,118 | +€1,014 | +6.3% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €293 | €226 | -€67 | -22.7% |
| Recurring financial charges | 65 | €293 | €226 | -€67 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | -€16,424 | -€15,345 | +€1,079 | +6.6% |
| Income taxes | 67/77 | €54 | €100 | +€45 | +83.2% |
| Profit (loss) for the period | 9904 | -€16,478 | -€15,444 | +€1,034 | +6.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,478 | -€15,444 | +€1,034 | +6.3% |
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 10 October 2026 via checked.be.