F.D. 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.D. HOLDING
Largest movements
- Current investments -€300,000
down €300,000 (-45.2%), from €663,479 to €363,479
- Cash +€287,991
up €287,991 (+130%), from €221,295 to €509,286
mainly Current investments (+€300,000) and Depreciation (+€29,053)
- Profit (loss) carried forward -€21,520
down €21,520 (-2.3%), from €916,893 to €895,372
- Taxes +€7,829
up €7,829, from -€3,325 to €4,504
- Financial income +€5,339
up €5,339 (+68.9%), from €7,746 to €13,085
- Gross operating margin +€1,341
up €1,341 (+66.9%), from -€2,006 to -€665
- Financial charges -€972
down €972 (-84.8%), from €1,147 to €175
- Depreciation -€333
down €333 (-1.1%), from €29,385 to €29,053
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 | €1,199,716 | €1,182,655 | -€17,061 | -1.4% |
| Fixed assets | 21/28 | €314,942 | €309,890 | -€5,053 | -1.6% |
| Tangible fixed assets | 22/27 | €314,942 | €309,890 | -€5,053 | -1.6% |
| Land and buildings | 22 | €261,546 | €244,739 | -€16,807 | -6.4% |
| Plant, machinery and equipment | 23 | €53,397 | €43,551 | -€9,846 | -18.4% |
| Furniture and vehicles | 24 | - | €21,600 | +€21,600 | |
| Current assets | 29/58 | €884,774 | €872,765 | -€12,009 | -1.4% |
| Current investments | 50/53 | €663,479 | €363,479 | -€300,000 | -45.2% |
| Cash at bank and in hand | 54/58 | €221,295 | €509,286 | +€287,991 | +130% |
| Total equity and liabilities | 10/49 | €1,199,716 | €1,182,655 | -€17,061 | -1.4% |
| Equity | 10/15 | €956,103 | €934,582 | -€21,520 | -2.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,610 | €20,610 | = | 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% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €916,893 | €895,372 | -€21,520 | -2.3% |
| Amounts payable | 17/49 | €243,614 | €248,072 | +€4,459 | +1.8% |
| Amounts payable within one year | 42/48 | €243,614 | €248,072 | +€4,459 | +1.8% |
| Trade debts | 44 | €249 | €33 | -€216 | -86.7% |
| Suppliers | 440/4 | €249 | €33 | -€216 | -86.7% |
| Other amounts payable | 47/48 | €243,365 | €248,039 | +€4,675 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,385 | €29,053 | -€333 | -1.1% |
| Other operating charges | 640/8 | €209 | €209 | = | 0.0% |
| Gross operating margin | 9900 | -€2,006 | -€665 | +€1,341 | +66.9% |
| Operating profit (loss) | 9901 | -€31,600 | -€29,926 | +€1,673 | +5.3% |
| Financial income | 75/76B | €7,746 | €13,085 | +€5,339 | +68.9% |
| Recurring financial income | 75 | €7,746 | €13,085 | +€5,339 | +68.9% |
| Financial charges | 65/66B | €1,147 | €175 | -€972 | -84.8% |
| Recurring financial charges | 65 | €1,147 | €175 | -€972 | -84.8% |
| Profit (loss) for the period before taxes | 9903 | -€25,001 | -€17,016 | +€7,984 | +31.9% |
| Income taxes | 67/77 | -€3,325 | €4,504 | +€7,829 | |
| Profit (loss) for the period | 9904 | -€21,676 | -€21,520 | +€156 | +0.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,676 | -€21,520 | +€156 | +0.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.