F.B.C.: 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.
F.B.C.
Largest movements
- Financial fixed assets +€141,610
up €141,610 (+74.5%), from €190,000 to €331,610
- Deferred charges and accrued income +€12,207
up €12,207 (+51.8%), from €23,569 to €35,776
- Debts after one year +€73,407
up €73,407 (+136%), from €53,939 to €127,346
- Current portion of long-term debt +€37,903
up €37,903 (+606%), from €6,252 to €44,155
- Other debts +€24,472
new in 2025: €24,472
- Profit (loss) carried forward +€23,996
up €23,996 (+22.3%), from €107,472 to €131,468
- Trade debts -€7,043
down €7,043 (-44.3%), from €15,912 to €8,870
- Gross operating margin +€20,388
up €20,388 (+40.3%), from €50,557 to €70,945
- Taxes +€15,708
up €15,708 (+166%), from €9,477 to €25,185
- Depreciation -€7,882
no longer reported in 2025 (was €7,882)
- Financial charges -€2,249
down €2,249 (-60.5%), from €3,721 to €1,471
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 | €218,635 | €373,464 | +€154,829 | +70.8% |
| Fixed assets | 21/28 | €190,000 | €331,610 | +€141,610 | +74.5% |
| Financial fixed assets | 28 | €190,000 | €331,610 | +€141,610 | +74.5% |
| Current assets | 29/58 | €28,635 | €41,854 | +€13,219 | +46.2% |
| Amounts receivable within one year | 40/41 | €639 | - | -€639 | |
| Other amounts receivable | 41 | €639 | - | -€639 | |
| Cash at bank and in hand | 54/58 | €4,427 | €6,078 | +€1,651 | +37.3% |
| Deferred charges and accrued income | 490/1 | €23,569 | €35,776 | +€12,207 | +51.8% |
| Total equity and liabilities | 10/49 | €218,635 | €373,464 | +€154,829 | +70.8% |
| Equity | 10/15 | €126,072 | €150,068 | +€23,996 | +19.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €107,472 | €131,468 | +€23,996 | +22.3% |
| Amounts payable | 17/49 | €92,563 | €223,396 | +€130,833 | +141% |
| Amounts payable after more than one year | 17 | €53,939 | €127,346 | +€73,407 | +136% |
| Financial debts | 170/4 | €53,939 | €127,346 | +€73,407 | +136% |
| Amounts payable within one year | 42/48 | €38,624 | €96,050 | +€57,426 | +149% |
| Current portion of amounts payable after more than one year | 42 | €6,252 | €44,155 | +€37,903 | +606% |
| Trade debts | 44 | €15,912 | €8,870 | -€7,043 | -44.3% |
| Suppliers | 440/4 | €15,912 | €8,870 | -€7,043 | -44.3% |
| Taxes, remuneration and social security | 45 | €16,460 | €18,553 | +€2,094 | +12.7% |
| Taxes | 450/3 | €16,460 | €18,553 | +€2,094 | +12.7% |
| Other amounts payable | 47/48 | - | €24,472 | +€24,472 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,882 | - | -€7,882 | |
| Other operating charges | 640/8 | - | €293 | +€293 | |
| Gross operating margin | 9900 | €50,557 | €70,945 | +€20,388 | +40.3% |
| Operating profit (loss) | 9901 | €42,675 | €70,652 | +€27,977 | +65.6% |
| Financial income | 75/76B | €294 | - | -€294 | |
| Recurring financial income | 75 | €294 | - | -€294 | |
| Financial charges | 65/66B | €3,721 | €1,471 | -€2,249 | -60.5% |
| Recurring financial charges | 65 | €3,721 | €1,471 | -€2,249 | -60.5% |
| Profit (loss) for the period before taxes | 9903 | €39,248 | €69,181 | +€29,933 | +76.3% |
| Income taxes | 67/77 | €9,477 | €25,185 | +€15,708 | +166% |
| Profit (loss) for the period | 9904 | €29,771 | €43,996 | +€14,225 | +47.8% |
| Profit (loss) for the period to be appropriated | 9905 | €29,771 | €43,996 | +€14,225 | +47.8% |
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 26 October 2026 via checked.be.