F & B INSTALLATION: what changed
Two fiscal 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 INSTALLATION
Largest movements
- Receivables within one year +€59,013
up €59,013 (+35.2%), from €167,478 to €226,492
of which Trade receivables: +€56,183
- Cash +€14,594
up €14,594 (+133645.4%), from €11 to €14,605
mainly Trade debts (+€118,214) and Tax, wage and social debts (+€17,125)
- Stocks and contracts -€13,550
down €13,550 (-85.7%), from €15,810 to €2,260
- Tangible fixed assets +€7,200
up €7,200 (+154.4%), from €4,662 to €11,862
of which Furniture and vehicles: +€7,228
- Deferred charges and accrued income +€3,945
up €3,945 (+496.0%), from €795 to €4,740
- Trade debts +€118,214
up €118,214 (+425.3%), from €27,795 to €146,009
- Profit (loss) carried forward -€50,072
down €50,072 (-56.1%), from €89,243 to €39,172
- Tax, wage and social debts +€17,125
up €17,125 (+170.6%), from €10,039 to €27,165
of which Remuneration and social security: +€10,000
- Other debts -€10,849
down €10,849 (-21.5%), from €50,402 to €39,554
- Short-term financial debts -€3,217
no longer reported in 2025 (was €3,217)
- Gross operating margin -€74,914
down €74,914, from €46,393 to -€28,522
- Other operating charges -€29,127
down €29,127 (-96.4%), from €30,207 to €1,080
- Financial charges +€8,211
up €8,211 (+268.8%), from €3,055 to €11,266
of which Non-recurring financial charges: +€8,110
- Taxes -€1,258
down €1,258 (-19.5%), from €6,449 to €5,191
- Financial income +€477
up €477 (+77.0%), from €620 to €1,097
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 | €188,756 | €259,959 | +€71,202 | +37.7% |
| Fixed assets | 21/28 | €4,662 | €11,862 | +€7,200 | +154.4% |
| Tangible fixed assets | 22/27 | €4,662 | €11,862 | +€7,200 | +154.4% |
| Plant, machinery and equipment | 23 | €788 | €759 | -€28 | -3.6% |
| Furniture and vehicles | 24 | €3,874 | €11,102 | +€7,228 | +186.6% |
| Current assets | 29/58 | €184,094 | €248,097 | +€64,002 | +34.8% |
| Stocks and contracts in progress | 3 | €15,810 | €2,260 | -€13,550 | -85.7% |
| Stocks | 30/36 | €15,810 | €2,260 | -€13,550 | -85.7% |
| Amounts receivable within one year | 40/41 | €167,478 | €226,492 | +€59,013 | +35.2% |
| Trade receivables | 40 | €139,545 | €195,727 | +€56,183 | +40.3% |
| Other amounts receivable | 41 | €27,934 | €30,764 | +€2,830 | +10.1% |
| Cash at bank and in hand | 54/58 | €11 | €14,605 | +€14,594 | +133645.4% |
| Deferred charges and accrued income | 490/1 | €795 | €4,740 | +€3,945 | +496.0% |
| Total equity and liabilities | 10/49 | €188,756 | €259,959 | +€71,202 | +37.7% |
| Equity | 10/15 | €97,303 | €47,232 | -€50,072 | -51.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €89,243 | €39,172 | -€50,072 | -56.1% |
| Amounts payable | 17/49 | €91,453 | €212,727 | +€121,274 | +132.6% |
| Amounts payable within one year | 42/48 | €91,453 | €212,727 | +€121,274 | +132.6% |
| Financial debts | 43 | €3,217 | - | -€3,217 | |
| Credit institutions | 430/8 | €3,217 | - | -€3,217 | |
| Trade debts | 44 | €27,795 | €146,009 | +€118,214 | +425.3% |
| Suppliers | 440/4 | €27,795 | €146,009 | +€118,214 | +425.3% |
| Taxes, remuneration and social security | 45 | €10,039 | €27,165 | +€17,125 | +170.6% |
| Taxes | 450/3 | €10,039 | €17,165 | +€7,125 | +71.0% |
| Remuneration and social security | 454/9 | - | €10,000 | +€10,000 | |
| Other amounts payable | 47/48 | €50,402 | €39,554 | -€10,849 | -21.5% |
| Remuneration, social security and pensions | 62 | €60 | - | -€60 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,219 | €5,110 | -€109 | -2.1% |
| Other operating charges | 640/8 | €30,207 | €1,080 | -€29,127 | -96.4% |
| Gross operating margin | 9900 | €46,393 | -€28,522 | -€74,914 | |
| Operating profit (loss) | 9901 | €10,906 | -€34,712 | -€45,618 | |
| Financial income | 75/76B | €620 | €1,097 | +€477 | +77.0% |
| Recurring financial income | 75 | €620 | €1,097 | +€477 | +77.0% |
| Financial charges | 65/66B | €3,055 | €11,266 | +€8,211 | +268.8% |
| Recurring financial charges | 65 | €566 | €667 | +€101 | +17.8% |
| Non-recurring financial charges | 66B | €2,489 | €10,599 | +€8,110 | +325.8% |
| Profit (loss) for the period before taxes | 9903 | €8,472 | -€44,881 | -€53,352 | |
| Income taxes | 67/77 | €6,449 | €5,191 | -€1,258 | -19.5% |
| Profit (loss) for the period | 9904 | €2,023 | -€50,072 | -€52,094 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,023 | -€50,072 | -€52,094 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.