F.B.R.S.: 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.R.S.
Largest movements
- Stocks and contracts +€11,165
up €11,165 (+118%), from €9,499 to €20,663
- Cash +€10,604
up €10,604 (+23.3%), from €45,538 to €56,142
mainly Trade debts (+€13,242) and Net result for the year (+€11,796)
- Receivables within one year +€2,785
up €2,785 (+76.1%), from €3,660 to €6,445
- Tangible fixed assets +€2,498
up €2,498 (+106%), from €2,360 to €4,858
of which Furniture and vehicles: +€2,686
- Trade debts +€13,242
up €13,242 (+107%), from €12,427 to €25,669
- Profit (loss) carried forward +€11,796
up €11,796, from -€11,550 to €246
- Other debts +€2,012
up €2,012 (+4.4%), from €45,830 to €47,841
- Gross operating margin +€17,821
up €17,821 (+70.2%), from €25,402 to €43,224
- Staff costs +€12,127
up €12,127 (+79.7%), from €15,225 to €27,351
- Other operating charges -€7,184
down €7,184 (-90.9%), from €7,900 to €717
- Financial charges +€1,192
up €1,192 (+610%), from €195 to €1,387
- Depreciation +€951
up €951 (+93.1%), from €1,022 to €1,973
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 | €61,490 | €88,553 | +€27,063 | +44.0% |
| Fixed assets | 21/28 | €2,480 | €4,978 | +€2,498 | +101% |
| Tangible fixed assets | 22/27 | €2,360 | €4,858 | +€2,498 | +106% |
| Plant, machinery and equipment | 23 | €232 | €44 | -€188 | -80.9% |
| Furniture and vehicles | 24 | €2,128 | €4,814 | +€2,686 | +126% |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €59,011 | €83,575 | +€24,565 | +41.6% |
| Stocks and contracts in progress | 3 | €9,499 | €20,663 | +€11,165 | +118% |
| Stocks | 30/36 | €9,499 | €20,663 | +€11,165 | +118% |
| Amounts receivable within one year | 40/41 | €3,660 | €6,445 | +€2,785 | +76.1% |
| Other amounts receivable | 41 | €3,660 | €6,445 | +€2,785 | +76.1% |
| Cash at bank and in hand | 54/58 | €45,538 | €56,142 | +€10,604 | +23.3% |
| Deferred charges and accrued income | 490/1 | €314 | €325 | +€11 | +3.5% |
| Total equity and liabilities | 10/49 | €61,490 | €88,553 | +€27,063 | +44.0% |
| Equity | 10/15 | -€5,350 | €6,446 | +€11,796 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,550 | €246 | +€11,796 | |
| Amounts payable | 17/49 | €66,841 | €82,107 | +€15,267 | +22.8% |
| Amounts payable within one year | 42/48 | €66,841 | €82,107 | +€15,267 | +22.8% |
| Trade debts | 44 | €12,427 | €25,669 | +€13,242 | +107% |
| Suppliers | 440/4 | €12,427 | €25,669 | +€13,242 | +107% |
| Taxes, remuneration and social security | 45 | €8,584 | €8,598 | +€13 | +0.2% |
| Taxes | 450/3 | €662 | €937 | +€275 | +41.5% |
| Remuneration and social security | 454/9 | €7,922 | €7,660 | -€261 | -3.3% |
| Other amounts payable | 47/48 | €45,830 | €47,841 | +€2,012 | +4.4% |
| Remuneration, social security and pensions | 62 | €15,225 | €27,351 | +€12,127 | +79.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,022 | €1,973 | +€951 | +93.1% |
| Other operating charges | 640/8 | €7,900 | €717 | -€7,184 | -90.9% |
| Gross operating margin | 9900 | €25,402 | €43,224 | +€17,821 | +70.2% |
| Operating profit (loss) | 9901 | €1,256 | €13,183 | +€11,927 | +949% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €195 | €1,387 | +€1,192 | +610% |
| Recurring financial charges | 65 | €195 | €1,387 | +€1,192 | +610% |
| Profit (loss) for the period before taxes | 9903 | €1,061 | €11,796 | +€10,736 | +1,012% |
| Income taxes | 67/77 | €662 | - | -€662 | |
| Profit (loss) for the period | 9904 | €399 | €11,796 | +€11,398 | +2,860% |
| Profit (loss) for the period to be appropriated | 9905 | €399 | €11,796 | +€11,398 | +2,860% |
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 30 October 2026 via checked.be.