F.B. HOLDING: 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. HOLDING
Largest movements
- Financial fixed assets -€153,000
no longer reported in 2025 (was €153,000)
- Cash +€37,260
up €37,260 (+195%), from €19,079 to €56,340
mainly Net result for the year (+€308,473) and Investment in fixed assets (net) (+€136,166)
- Tangible fixed assets +€15,918
up €15,918 (+2,389%), from €666 to €16,584
of which Other tangible fixed assets: +€16,334
- Receivables within one year -€10,938
down €10,938 (-28.8%), from €37,970 to €27,031
of which Other amounts receivable: -€27,775
- Other debts -€65,822
no longer reported in 2025 (was €65,822)
- Profit (loss) carried forward -€58,217
new in 2025: -€58,217
- Accrued charges and deferred income +€5,546
up €5,546 (+1,309%), from €424 to €5,970
- Tax, wage and social debts +€4,713
up €4,713 (+41.7%), from €11,316 to €16,029
- Financial income +€191,101
up €191,101 (+10,619%), from €1,800 to €192,901
of which Non-recurring financial income: +€192,901
- Gross operating margin +€68,624
up €68,624 (+77.4%), from €88,641 to €157,265
- Taxes +€10,641
up €10,641 (+45.2%), from €23,550 to €34,191
- Financial charges +€5,966
up €5,966 (+3,558%), from €168 to €6,134
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 | €213,568 | €100,699 | -€112,869 | -52.8% |
| Fixed assets | 21/28 | €153,666 | €16,584 | -€137,082 | -89.2% |
| Tangible fixed assets | 22/27 | €666 | €16,584 | +€15,918 | +2,389% |
| Furniture and vehicles | 24 | €666 | €251 | -€416 | -62.4% |
| Other tangible fixed assets | 26 | - | €16,334 | +€16,334 | |
| Financial fixed assets | 28 | €153,000 | - | -€153,000 | |
| Current assets | 29/58 | €59,902 | €84,115 | +€24,213 | +40.4% |
| Amounts receivable within one year | 40/41 | €37,970 | €27,031 | -€10,938 | -28.8% |
| Trade receivables | 40 | €9,270 | €26,107 | +€16,837 | +182% |
| Other amounts receivable | 41 | €28,700 | €925 | -€27,775 | -96.8% |
| Cash at bank and in hand | 54/58 | €19,079 | €56,340 | +€37,260 | +195% |
| Deferred charges and accrued income | 490/1 | €2,853 | €744 | -€2,109 | -73.9% |
| Total equity and liabilities | 10/49 | €213,568 | €100,699 | -€112,869 | -52.8% |
| Equity | 10/15 | €135,300 | €77,083 | -€58,217 | -43.0% |
| Contributions | 10/11 | €123,000 | €123,000 | = | 0.0% |
| Capital | 10 | €123,000 | €123,000 | = | 0.0% |
| Issued capital | 100 | €123,000 | €123,000 | = | 0.0% |
| Reserves | 13 | €12,300 | €12,300 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,300 | €12,300 | = | 0.0% |
| Legal reserve | 130 | €12,300 | €12,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€58,217 | -€58,217 | |
| Amounts payable | 17/49 | €78,268 | €23,616 | -€54,652 | -69.8% |
| Amounts payable within one year | 42/48 | €77,845 | €17,646 | -€60,198 | -77.3% |
| Trade debts | 44 | €706 | €1,617 | +€911 | +129% |
| Suppliers | 440/4 | €706 | €1,617 | +€911 | +129% |
| Taxes, remuneration and social security | 45 | €11,316 | €16,029 | +€4,713 | +41.7% |
| Taxes | 450/3 | €11,316 | €16,029 | +€4,713 | +41.7% |
| Other amounts payable | 47/48 | €65,822 | - | -€65,822 | |
| Accrued charges and deferred income | 492/3 | €424 | €5,970 | +€5,546 | +1,309% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €416 | €916 | +€501 | +120% |
| Other operating charges | 640/8 | €485 | €453 | -€32 | -6.6% |
| Gross operating margin | 9900 | €88,641 | €157,265 | +€68,624 | +77.4% |
| Operating profit (loss) | 9901 | €87,740 | €155,896 | +€68,156 | +77.7% |
| Financial income | 75/76B | €1,800 | €192,901 | +€191,101 | +10,619% |
| Recurring financial income | 75 | €1,800 | €192,901 | +€191,101 | +10,619% |
| Non-recurring financial income | 76B | - | €192,901 | +€192,901 | |
| Financial charges | 65/66B | €168 | €6,134 | +€5,966 | +3,558% |
| Recurring financial charges | 65 | €168 | €6,134 | +€5,966 | +3,558% |
| Profit (loss) for the period before taxes | 9903 | €89,372 | €342,663 | +€253,291 | +283% |
| Income taxes | 67/77 | €23,550 | €34,191 | +€10,641 | +45.2% |
| Profit (loss) for the period | 9904 | €65,822 | €308,473 | +€242,650 | +369% |
| Profit (loss) for the period to be appropriated | 9905 | €65,822 | €308,473 | +€242,650 | +369% |
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.