F.B. Engineering: 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. Engineering
Largest movements
- Receivables within one year -€21,668
down €21,668 (-25.3%), from €85,740 to €64,072
of which Trade receivables: -€21,438
- Cash +€16,831
up €16,831 (+50.6%), from €33,292 to €50,122
mainly Other debts (+€91,182) and Receivables within one year (+€21,668)
- Tangible fixed assets +€2,133
up €2,133 (+77.8%), from €2,743 to €4,876
of which Plant, machinery and equipment: +€2,184
- Deferred charges and accrued income +€2,042
new in 2025: €2,042
- Other debts +€91,182
up €91,182 (+3411.1%), from €2,673 to €93,855
- Profit (loss) carried forward -€67,992
down €67,992 (-76.7%), from €88,694 to €20,702
- Tax, wage and social debts -€27,464
down €27,464 (-97.3%), from €28,215 to €751
of which Taxes: -€25,456
- Trade debts +€3,611
up €3,611 (+1054.0%), from €343 to €3,953
- Gross operating margin -€40,029
down €40,029 (-59.3%), from €67,556 to €27,527
- Taxes -€5,410
down €5,410 (-50.3%), from €10,750 to €5,341
- Staff costs -€1,473
no longer reported in 2025 (was €1,473)
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 | €121,925 | €121,262 | -€663 | -0.5% |
| Fixed assets | 21/28 | €2,893 | €5,026 | +€2,133 | +73.7% |
| Tangible fixed assets | 22/27 | €2,743 | €4,876 | +€2,133 | +77.8% |
| Plant, machinery and equipment | 23 | €2,692 | €4,876 | +€2,184 | +81.1% |
| Furniture and vehicles | 24 | €51 | - | -€51 | |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €119,032 | €116,236 | -€2,796 | -2.3% |
| Amounts receivable within one year | 40/41 | €85,740 | €64,072 | -€21,668 | -25.3% |
| Trade receivables | 40 | €82,877 | €61,439 | -€21,438 | -25.9% |
| Other amounts receivable | 41 | €2,863 | €2,632 | -€231 | -8.1% |
| Cash at bank and in hand | 54/58 | €33,292 | €50,122 | +€16,831 | +50.6% |
| Deferred charges and accrued income | 490/1 | - | €2,042 | +€2,042 | |
| Total equity and liabilities | 10/49 | €121,925 | €121,262 | -€663 | -0.5% |
| Equity | 10/15 | €90,694 | €22,702 | -€67,992 | -75.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €88,694 | €20,702 | -€67,992 | -76.7% |
| Amounts payable | 17/49 | €31,230 | €98,560 | +€67,329 | +215.6% |
| Amounts payable within one year | 42/48 | €31,230 | €98,560 | +€67,329 | +215.6% |
| Trade debts | 44 | €343 | €3,953 | +€3,611 | +1054.0% |
| Suppliers | 440/4 | €343 | €3,953 | +€3,611 | +1054.0% |
| Taxes, remuneration and social security | 45 | €28,215 | €751 | -€27,464 | -97.3% |
| Taxes | 450/3 | €26,207 | €751 | -€25,456 | -97.1% |
| Remuneration and social security | 454/9 | €2,008 | - | -€2,008 | |
| Other amounts payable | 47/48 | €2,673 | €93,855 | +€91,182 | +3411.1% |
| Remuneration, social security and pensions | 62 | €1,473 | - | -€1,473 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €507 | €686 | +€179 | +35.3% |
| Other operating charges | 640/8 | - | €235 | +€235 | |
| Gross operating margin | 9900 | €67,556 | €27,527 | -€40,029 | -59.3% |
| Operating profit (loss) | 9901 | €65,576 | €26,606 | -€38,970 | -59.4% |
| Financial income | 75/76B | €0 | €0 | +€0 | +266.7% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +266.7% |
| Financial charges | 65/66B | €1,012 | €1,257 | +€245 | +24.2% |
| Recurring financial charges | 65 | €1,012 | €1,257 | +€245 | +24.2% |
| Profit (loss) for the period before taxes | 9903 | €64,564 | €25,349 | -€39,215 | -60.7% |
| Income taxes | 67/77 | €10,750 | €5,341 | -€5,410 | -50.3% |
| Profit (loss) for the period | 9904 | €53,813 | €20,008 | -€33,805 | -62.8% |
| Profit (loss) for the period to be appropriated | 9905 | €53,813 | €20,008 | -€33,805 | -62.8% |
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 9 October 2026 via checked.be.