F.D.A. CONSTRUCT: 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.D.A. CONSTRUCT
Largest movements
- Receivables within one year -€388,104
down €388,104 (-48.5%), from €799,874 to €411,771
of which Trade receivables: -€423,590
- Trade debts -€354,845
down €354,845 (-78.0%), from €455,221 to €100,376
of which Bills of exchange payable: -€294,713
- Other debts -€23,570
down €23,570 (-36.0%), from €65,500 to €41,930
- Tax, wage and social debts -€13,884
down €13,884 (-20.6%), from €67,469 to €53,585
- Profit (loss) carried forward +€10,058
up €10,058 (+6.5%), from €155,065 to €165,123
- Gross operating margin -€48,179
down €48,179 (-58.7%), from €82,023 to €33,844
- Taxes -€13,767
down €13,767 (-52.0%), from €26,500 to €12,733
- Other operating charges -€10,720
down €10,720 (-97.6%), from €10,987 to €266
- Financial charges +€5,396
up €5,396 (+186.9%), from €2,886 to €8,282
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 | €821,315 | €439,074 | -€382,241 | -46.5% |
| Fixed assets | 21/28 | €9,736 | €8,203 | -€1,533 | -15.7% |
| Tangible fixed assets | 22/27 | €2,818 | €1,285 | -€1,533 | -54.4% |
| Plant, machinery and equipment | 23 | €1,081 | €698 | -€383 | -35.4% |
| Furniture and vehicles | 24 | €1,737 | €588 | -€1,150 | -66.2% |
| Financial fixed assets | 28 | €6,918 | €6,918 | = | 0.0% |
| Current assets | 29/58 | €811,579 | €430,871 | -€380,708 | -46.9% |
| Amounts receivable within one year | 40/41 | €799,874 | €411,771 | -€388,104 | -48.5% |
| Trade receivables | 40 | €652,295 | €228,705 | -€423,590 | -64.9% |
| Other amounts receivable | 41 | €147,580 | €183,066 | +€35,486 | +24.0% |
| Cash at bank and in hand | 54/58 | €5,672 | €13,100 | +€7,428 | +131.0% |
| Deferred charges and accrued income | 490/1 | €6,033 | €6,000 | -€33 | -0.5% |
| Total equity and liabilities | 10/49 | €821,315 | €439,074 | -€382,241 | -46.5% |
| Equity | 10/15 | €233,125 | €243,183 | +€10,058 | +4.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €71,860 | €71,860 | = | 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% |
| Distributable reserves | 133 | €70,000 | €70,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €155,065 | €165,123 | +€10,058 | +6.5% |
| Amounts payable | 17/49 | €588,189 | €195,891 | -€392,299 | -66.7% |
| Amounts payable within one year | 42/48 | €588,189 | €195,891 | -€392,299 | -66.7% |
| Trade debts | 44 | €455,221 | €100,376 | -€354,845 | -78.0% |
| Suppliers | 440/4 | €69,484 | €9,352 | -€60,132 | -86.5% |
| Bills of exchange payable | 441 | €385,737 | €91,024 | -€294,713 | -76.4% |
| Taxes, remuneration and social security | 45 | €67,469 | €53,585 | -€13,884 | -20.6% |
| Taxes | 450/3 | €67,469 | €53,585 | -€13,884 | -20.6% |
| Other amounts payable | 47/48 | €65,500 | €41,930 | -€23,570 | -36.0% |
| Remuneration, social security and pensions | 62 | €165 | €973 | +€808 | +488.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,909 | €1,533 | -€376 | -19.7% |
| Other operating charges | 640/8 | €10,987 | €266 | -€10,720 | -97.6% |
| Gross operating margin | 9900 | €82,023 | €33,844 | -€48,179 | -58.7% |
| Operating profit (loss) | 9901 | €68,963 | €31,072 | -€37,891 | -54.9% |
| Financial charges | 65/66B | €2,886 | €8,282 | +€5,396 | +186.9% |
| Recurring financial charges | 65 | €2,886 | €8,282 | +€5,396 | +186.9% |
| Profit (loss) for the period before taxes | 9903 | €66,077 | €22,791 | -€43,286 | -65.5% |
| Income taxes | 67/77 | €26,500 | €12,733 | -€13,767 | -52.0% |
| Profit (loss) for the period | 9904 | €39,577 | €10,058 | -€29,519 | -74.6% |
| Profit (loss) for the period to be appropriated | 9905 | €39,577 | €10,058 | -€29,519 | -74.6% |
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 11 October 2026 via checked.be.