« F.C.S CONSTRUCTION »: 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.C.S CONSTRUCTION »
Largest movements
- Tangible fixed assets +€231,886
up €231,886 (+616%), from €37,649 to €269,535
of which Land and buildings: +€243,971
- Receivables within one year +€38,718
up €38,718 (+34.7%), from €111,609 to €150,326
of which Trade receivables: +€39,876
- Cash -€26,036
down €26,036 (-24.8%), from €105,075 to €79,039
mainly Investment in fixed assets (net) (-€253,257) and Receivables within one year (-€38,718)
- Intangible fixed assets -€6,208
down €6,208 (-28.6%), from €21,706 to €15,498
- Debts after one year +€199,286
up €199,286 (+655%), from €30,404 to €229,690
- Accrued charges and deferred income +€30,207
up €30,207 (+15,104%), from €200 to €30,407
- Current portion of long-term debt +€13,020
up €13,020 (+118%), from €11,010 to €24,030
- Profit (loss) carried forward +€12,626
up €12,626 (+9.0%), from €140,274 to €152,901
- Tax, wage and social debts -€11,017
down €11,017 (-54.4%), from €20,247 to €9,229
of which Taxes: -€11,017
- Gross operating margin +€83,205
up €83,205 (+2,340%), from €3,555 to €86,760
- Other operating charges +€29,959
up €29,959 (+1,351%), from €2,218 to €32,177
- Financial charges +€5,759
up €5,759 (+254%), from €2,264 to €8,023
- Depreciation +€5,617
up €5,617 (+25.6%), from €21,962 to €27,579
- Taxes +€4,028
new in 2025: €4,028
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 | €279,756 | €518,025 | +€238,269 | +85.2% |
| Fixed assets | 21/28 | €59,355 | €285,033 | +€225,678 | +380% |
| Intangible fixed assets | 21 | €21,706 | €15,498 | -€6,208 | -28.6% |
| Tangible fixed assets | 22/27 | €37,649 | €269,535 | +€231,886 | +616% |
| Land and buildings | 22 | - | €243,971 | +€243,971 | |
| Furniture and vehicles | 24 | €37,649 | €25,353 | -€12,295 | -32.7% |
| Other tangible fixed assets | 26 | - | €210 | +€210 | |
| Current assets | 29/58 | €220,401 | €232,993 | +€12,591 | +5.7% |
| Amounts receivable within one year | 40/41 | €111,609 | €150,326 | +€38,718 | +34.7% |
| Trade receivables | 40 | €105,178 | €145,055 | +€39,876 | +37.9% |
| Other amounts receivable | 41 | €6,431 | €5,272 | -€1,159 | -18.0% |
| Cash at bank and in hand | 54/58 | €105,075 | €79,039 | -€26,036 | -24.8% |
| Deferred charges and accrued income | 490/1 | €3,717 | €3,627 | -€90 | -2.4% |
| Total equity and liabilities | 10/49 | €279,756 | €518,025 | +€238,269 | +85.2% |
| Equity | 10/15 | €163,324 | €175,951 | +€12,626 | +7.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €18,050 | €18,050 | = | 0.0% |
| Distributable reserves | 133 | €18,050 | €18,050 | = | 0.0% |
| Profit (loss) carried forward | 14 | €140,274 | €152,901 | +€12,626 | +9.0% |
| Amounts payable | 17/49 | €116,431 | €342,075 | +€225,643 | +194% |
| Amounts payable after more than one year | 17 | €30,404 | €229,690 | +€199,286 | +655% |
| Financial debts | 170/4 | €30,404 | €229,690 | +€199,286 | +655% |
| Amounts payable within one year | 42/48 | €85,828 | €81,978 | -€3,850 | -4.5% |
| Current portion of amounts payable after more than one year | 42 | €11,010 | €24,030 | +€13,020 | +118% |
| Trade debts | 44 | €47,398 | €46,219 | -€1,180 | -2.5% |
| Suppliers | 440/4 | €47,398 | €46,219 | -€1,180 | -2.5% |
| Advances received on contracts in progress | 46 | €2,500 | €2,500 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €20,247 | €9,229 | -€11,017 | -54.4% |
| Taxes | 450/3 | €18,847 | €7,829 | -€11,017 | -58.5% |
| Remuneration and social security | 454/9 | €1,400 | €1,400 | = | 0.0% |
| Other amounts payable | 47/48 | €4,673 | €0 | -€4,673 | -100% |
| Accrued charges and deferred income | 492/3 | €200 | €30,407 | +€30,207 | +15,104% |
| Remuneration, social security and pensions | 62 | €1,224 | €2,351 | +€1,127 | +92.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,962 | €27,579 | +€5,617 | +25.6% |
| Other operating charges | 640/8 | €2,218 | €32,177 | +€29,959 | +1,351% |
| Gross operating margin | 9900 | €3,555 | €86,760 | +€83,205 | +2,340% |
| Operating profit (loss) | 9901 | -€21,849 | €24,653 | +€46,502 | |
| Financial income | 75/76B | €97 | €23 | -€74 | -75.8% |
| Recurring financial income | 75 | €97 | €23 | -€74 | -75.8% |
| Financial charges | 65/66B | €2,264 | €8,023 | +€5,759 | +254% |
| Recurring financial charges | 65 | €2,264 | €8,023 | +€5,759 | +254% |
| Profit (loss) for the period before taxes | 9903 | -€24,015 | €16,654 | +€40,669 | |
| Income taxes | 67/77 | - | €4,028 | +€4,028 | |
| Profit (loss) for the period | 9904 | -€24,015 | €12,626 | +€36,641 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,015 | €12,626 | +€36,641 |
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 14 October 2026 via checked.be.