The Fold 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.
The Fold Consulting
Largest movements
- Cash +€214,410
up €214,410 (+477%), from €44,976 to €259,385
mainly Current investments (+€100,000) and Net result for the year (+€77,106)
- Current investments -€100,000
down €100,000 (-40.0%), from €250,000 to €150,000
- Receivables within one year -€31,910
down €31,910 (-25.2%), from €126,728 to €94,818
of which Trade receivables: -€33,428
- Tangible fixed assets -€5,516
down €5,516 (-33.6%), from €16,411 to €10,895
- Other debts +€65,540
up €65,540, from €0 to €65,540
- Tax, wage and social debts +€12,510
up €12,510 (+1,013%), from €1,235 to €13,745
- Gross operating margin -€22,474
down €22,474 (-18.8%), from €119,577 to €97,102
- Taxes -€12,518
down €12,518 (-35.5%), from €35,263 to €22,745
- Financial income +€8,458
up €8,458 (+940%), from €900 to €9,358
- Depreciation +€5,380
up €5,380 (+3,967%), from €136 to €5,516
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 | €438,115 | €516,386 | +€78,271 | +17.9% |
| Fixed assets | 21/28 | €16,411 | €10,895 | -€5,516 | -33.6% |
| Tangible fixed assets | 22/27 | €16,411 | €10,895 | -€5,516 | -33.6% |
| Furniture and vehicles | 24 | €16,411 | €10,895 | -€5,516 | -33.6% |
| Current assets | 29/58 | €421,704 | €505,491 | +€83,787 | +19.9% |
| Amounts receivable within one year | 40/41 | €126,728 | €94,818 | -€31,910 | -25.2% |
| Trade receivables | 40 | €120,991 | €87,563 | -€33,428 | -27.6% |
| Other amounts receivable | 41 | €5,737 | €7,255 | +€1,518 | +26.5% |
| Current investments | 50/53 | €250,000 | €150,000 | -€100,000 | -40.0% |
| Cash at bank and in hand | 54/58 | €44,976 | €259,385 | +€214,410 | +477% |
| Deferred charges and accrued income | 490/1 | - | €1,287 | +€1,287 | |
| Total equity and liabilities | 10/49 | €438,115 | €516,386 | +€78,271 | +17.9% |
| Equity | 10/15 | €435,617 | €435,617 | = | 0.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €433,617 | €433,617 | = | 0.0% |
| Distributable reserves | 133 | €433,617 | €433,617 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €2,498 | €80,769 | +€78,271 | +3,134% |
| Amounts payable within one year | 42/48 | €2,498 | €80,769 | +€78,271 | +3,134% |
| Trade debts | 44 | €1,262 | €1,484 | +€222 | +17.6% |
| Suppliers | 440/4 | €1,262 | €1,484 | +€222 | +17.6% |
| Taxes, remuneration and social security | 45 | €1,235 | €13,745 | +€12,510 | +1,013% |
| Taxes | 450/3 | €1,235 | €13,745 | +€12,510 | +1,013% |
| Other amounts payable | 47/48 | €0 | €65,540 | +€65,540 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €136 | €5,516 | +€5,380 | +3,967% |
| Other operating charges | 640/8 | €973 | €985 | +€11 | +1.2% |
| Gross operating margin | 9900 | €119,577 | €97,102 | -€22,474 | -18.8% |
| Operating profit (loss) | 9901 | €118,468 | €90,602 | -€27,865 | -23.5% |
| Financial income | 75/76B | €900 | €9,358 | +€8,458 | +940% |
| Recurring financial income | 75 | €900 | €9,358 | +€8,458 | +940% |
| Financial charges | 65/66B | €117 | €110 | -€8 | -6.7% |
| Recurring financial charges | 65 | €117 | €110 | -€8 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | €119,250 | €99,851 | -€19,399 | -16.3% |
| Income taxes | 67/77 | €35,263 | €22,745 | -€12,518 | -35.5% |
| Profit (loss) for the period | 9904 | €83,987 | €77,106 | -€6,881 | -8.2% |
| Profit (loss) for the period to be appropriated | 9905 | €83,987 | €77,106 | -€6,881 | -8.2% |
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 27 October 2026 via checked.be.