FDO & C°
Annual accounts 2025
full format, filed on 12-05-2026, 80 days before the deadlineBalance sheet
balance sheet total €14.7m on 31-12-2025in €m
in euro
Position in the sector
87.8%
Higher than 76% of 3,042 companies in 2025.
3.5%
Higher than 61% of 3,034 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
14.7m | 14.7m | 14.6m | 13.9m | |
21/28 |
13.5m | 13.5m | 13.5m | 13.5m | |
28 |
13.5m | 13.5m | 13.5m | 13.5m | |
29/58 |
1.2m | 1.2m | 1.1m | 466,421 | |
40/41 |
883,144 | 722,895 | 756,099 | 105,508 | |
40 |
21,500 | 29,455 | 21,500 | 21,500 | |
41 |
861,644 | 693,440 | 734,599 | 84,008 | |
50/53 |
323,021 | 473,609 | 306,905 | 225,000 | |
54/58 |
23,218 | 23,612 | 35,838 | 135,841 | |
490/1 |
- | - | - | 72 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
14.7m | 14.7m | 14.6m | 13.9m | |
10/15 |
12.9m | 13.0m | 12.8m | 12.8m | |
10/11 |
12.2m | 12.2m | 12.2m | 12.2m | |
10 |
12.2m | 12.2m | 12.2m | 12.2m | |
100 |
12.2m | 12.2m | 12.2m | 12.2m | |
13 |
760,788 | 875,951 | 626,845 | 634,705 | |
130/1 |
158,619 | 132,677 | 95,577 | 63,470 | |
130 |
158,619 | 132,677 | 95,577 | 63,470 | |
133 |
602,169 | 743,274 | 531,267 | 571,234 | |
17/49 |
1.8m | 1.7m | 1.8m | 1.2m | |
17 |
1.1m | 1.1m | 1.1m | 1.1m | |
178/9 |
1.1m | 1.1m | 1.1m | 1.1m | |
42/48 |
668,595 | 544,165 | 671,998 | 21,717 | |
44 |
36,398 | 44,165 | 21,998 | 21,717 | |
440/4 |
36,398 | 44,165 | 21,998 | 21,717 | |
47/48 |
632,197 | 500,000 | 650,000 | - | |
| Income statement | |||||
9900 |
-14,623 | -18,006 | -12,148 | -14,495 | |
640/8 |
998 | 968 | 384 | 695 | |
9901 |
-15,622 | -18,973 | -12,532 | -15,190 | |
75/76B |
539,111 | 768,812 | 663,377 | 650,000 | |
75 |
539,111 | 768,812 | 663,377 | 650,000 | |
65/66B |
4,652 | 732 | 8,685 | 106 | |
65 |
4,652 | 732 | 8,685 | 106 | |
9903 |
518,837 | 749,107 | 642,159 | 634,705 | |
67/77 |
- | - | 19 | - | |
9904 |
518,837 | 749,107 | 642,140 | 634,705 | |
9905 |
518,837 | 749,107 | 642,140 | 634,705 | |
| Appropriation of the result | |||||
9906 |
518,837 | 749,107 | 642,140 | 634,705 | |
14P |
- | - | - | 0 | |
791/2 |
141,105 | - | 39,967 | - | |
691/2 |
25,942 | 249,107 | 32,107 | 634,705 | |
6920 |
25,942 | 37,100 | 32,107 | 63,470 | |
6921 |
- | 212,007 | - | 571,234 | |
694/7 |
634,000 | 500,000 | 650,000 | - | |
694 |
634,000 | 500,000 | 650,000 | - | |
| Document | |||||
The notes to these accounts have 2 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 12-05-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| - | - | - | 13.5m | ||
| -394 | -12,226 | -100,004 | - | ||
| 87.8% | 88.7% | 87.7% | 91.7% | ||
| 4.0% | 5.8% | 5.0% | 5.0% | ||
| 3.5% | 5.1% | 4.4% | 4.6% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Financial fixed assets | - | - | - | €13.5m |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on FDO & C°
The operating result for 2025 is a loss of €15,622, smaller than the loss of €18,973 in 2024.
Debt's share of the balance-sheet total rises from 11.3% to 12.2%. Equity is lower and debt is higher.