F.B. FINANCES: what changed
What changed
F.B. FINANCES
NACE 66.191, Agents and brokers in banking services
filed annual accounts (NBB)
Net result for the year
€326,648
2024 · €445,981-€119,334
Equity
€1.2m
2024 · €1.4m-€216,865
Cash
€128,637
2024 · €134,583-€5,946
Balance sheet total
€1.5m
2024 · €1.8m-€299,885
Largest movements
Assets
- Receivables after one year -€270,787
down €270,787 (-21.3%), from €1.3m to €998,067
Equity and liabilities
- Reserves -€216,865
down €216,865 (-16.0%), from €1.4m to €1.1m
of which Distributable reserves: -€216,865
- Tax, wage and social debts -€85,821
down €85,821 (-54.4%), from €157,830 to €72,010
of which Taxes: -€84,688
- Debts after one year -€42,984
down €42,984 (-36.6%), from €117,330 to €74,347
- Trade debts +€33,228
up €33,228 (+140%), from €23,651 to €56,880
Income statement
- Financial charges +€88,869
up €88,869 (+955%), from €9,304 to €98,172
- Staff costs +€64,999
up €64,999 (+22.0%), from €295,723 to €360,722
- Taxes -€53,306
down €53,306 (-24.9%), from €214,095 to €160,788
- Financial income -€20,021
down €20,021 (-42.2%), from €47,431 to €27,410
- Gross operating margin +€13,146
up €13,146 (+1.3%), from €1.0m to €1.0m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€445,981
Gross operating margin
+€13,146
Staff costs
-€64,999
Depreciation
-€7,985
Other operating charges
-€3,912
Financial income
-€20,021
Financial charges
-€88,869
Taxes
+€53,306
Result 2025
€326,648
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€633,021
Investment
-€64,974
Financing
-€573,993
Cash 2024
€134,583
From operations (derived)
+€633,021
Net result for the year
+€326,648
Depreciation
+€83,246
Receivables after one year
+€270,787
Receivables within one year
+€4,606
Smaller working-capital items
+€327
Trade debts
+€33,228
Tax, wage and social debts
-€85,821
Investment (derived)
-€64,974
Investment in fixed assets (net)
-€64,974
Financing
-€573,993
Debts after one year
-€42,984
Current portion of long-term debt
-€4,699
Short-term financial debts
+€17,202
Contributions, distributions and other
-€543,513
Cash 2025
€128,637
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,827,765 | €1,527,880 | -€299,885 | -16.4% |
| Fixed assets | 21/28 | €224,079 | €205,807 | -€18,272 | -8.2% |
| Tangible fixed assets | 22/27 | €223,902 | €205,630 | -€18,272 | -8.2% |
| Plant, machinery and equipment | 23 | €33,919 | €27,349 | -€6,571 | -19.4% |
| Furniture and vehicles | 24 | €187,930 | €177,275 | -€10,655 | -5.7% |
| Other tangible fixed assets | 26 | €2,052 | €1,006 | -€1,046 | -51.0% |
| Financial fixed assets | 28 | €177 | €177 | = | 0.0% |
| Current assets | 29/58 | €1,603,686 | €1,322,073 | -€281,613 | -17.6% |
| Amounts receivable after more than one year | 29 | €1,268,853 | €998,067 | -€270,787 | -21.3% |
| Other amounts receivable | 291 | €1,268,853 | €998,067 | -€270,787 | -21.3% |
| Amounts receivable within one year | 40/41 | €180,743 | €176,137 | -€4,606 | -2.5% |
| Trade receivables | 40 | €133,581 | €128,975 | -€4,606 | -3.4% |
| Other amounts receivable | 41 | €47,162 | €47,162 | = | 0.0% |
| Current investments | 50/53 | €14,350 | €14,350 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €134,583 | €128,637 | -€5,946 | -4.4% |
| Deferred charges and accrued income | 490/1 | €5,157 | €4,883 | -€274 | -5.3% |
| Total equity and liabilities | 10/49 | €1,827,765 | €1,527,880 | -€299,885 | -16.4% |
| Equity | 10/15 | €1,367,104 | €1,150,238 | -€216,865 | -15.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,354,704 | €1,137,838 | -€216,865 | -16.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,352,844 | €1,135,978 | -€216,865 | -16.0% |
| Amounts payable | 17/49 | €460,661 | €377,642 | -€83,020 | -18.0% |
| Amounts payable after more than one year | 17 | €117,330 | €74,347 | -€42,984 | -36.6% |
| Financial debts | 170/4 | €117,330 | €74,347 | -€42,984 | -36.6% |
| Amounts payable within one year | 42/48 | €343,331 | €303,242 | -€40,089 | -11.7% |
| Current portion of amounts payable after more than one year | 42 | €74,988 | €70,289 | -€4,699 | -6.3% |
| Financial debts | 43 | €86,861 | €104,064 | +€17,202 | +19.8% |
| Credit institutions | 430/8 | €86,861 | €104,064 | +€17,202 | +19.8% |
| Trade debts | 44 | €23,651 | €56,880 | +€33,228 | +140% |
| Suppliers | 440/4 | €23,651 | €56,880 | +€33,228 | +140% |
| Taxes, remuneration and social security | 45 | €157,830 | €72,010 | -€85,821 | -54.4% |
| Taxes | 450/3 | €93,635 | €8,947 | -€84,688 | -90.4% |
| Remuneration and social security | 454/9 | €64,196 | €63,063 | -€1,133 | -1.8% |
| Accrued charges and deferred income | 492/3 | - | €53 | +€53 | |
| Remuneration, social security and pensions | 62 | €295,723 | €360,722 | +€64,999 | +22.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,261 | €83,246 | +€7,985 | +10.6% |
| Other operating charges | 640/8 | €13,748 | €17,661 | +€3,912 | +28.5% |
| Gross operating margin | 9900 | €1,006,681 | €1,019,827 | +€13,146 | +1.3% |
| Operating profit (loss) | 9901 | €621,949 | €558,198 | -€63,750 | -10.3% |
| Financial income | 75/76B | €47,431 | €27,410 | -€20,021 | -42.2% |
| Recurring financial income | 75 | €47,431 | €27,410 | -€20,021 | -42.2% |
| Financial charges | 65/66B | €9,304 | €98,172 | +€88,869 | +955% |
| Recurring financial charges | 65 | €9,304 | €98,172 | +€88,869 | +955% |
| Profit (loss) for the period before taxes | 9903 | €660,076 | €487,436 | -€172,640 | -26.2% |
| Income taxes | 67/77 | €214,095 | €160,788 | -€53,306 | -24.9% |
| Profit (loss) for the period | 9904 | €445,981 | €326,648 | -€119,334 | -26.8% |
| Profit (loss) for the period to be appropriated | 9905 | €445,981 | €326,648 | -€119,334 | -26.8% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.