F.F.: 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.F.
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward +€21,485
up €21,485 (+12.2%), from €176,801 to €198,286
- Debts after one year -€20,072
no longer reported in 2025 (was €20,072)
- Current portion of long-term debt +€14,841
up €14,841 (+38.0%), from €39,083 to €53,924
- Other debts -€11,831
down €11,831 (-98.3%), from €12,039 to €208
- Gross operating margin -€22,851
down €22,851 (-38.5%), from €59,347 to €36,496
- Taxes -€5,024
down €5,024 (-38.6%), from €13,004 to €7,980
- Other operating charges -€667
down €667 (-63.3%), from €1,054 to €387
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €317,353 | €315,807 | -€1,546 | -0.5% |
| Fixed assets | 21/28 | €305,410 | €304,052 | -€1,358 | -0.4% |
| Tangible fixed assets | 22/27 | €5,410 | €4,052 | -€1,358 | -25.1% |
| Furniture and vehicles | 24 | €5,410 | €4,052 | -€1,358 | -25.1% |
| Financial fixed assets | 28 | €300,000 | €300,000 | = | 0.0% |
| Current assets | 29/58 | €11,943 | €11,755 | -€188 | -1.6% |
| Amounts receivable within one year | 40/41 | €11,281 | €11,077 | -€204 | -1.8% |
| Trade receivables | 40 | €9,071 | €4,057 | -€5,013 | -55.3% |
| Other amounts receivable | 41 | €2,211 | €7,020 | +€4,809 | +217.5% |
| Deferred charges and accrued income | 490/1 | €662 | €679 | +€17 | +2.5% |
| Total equity and liabilities | 10/49 | €317,353 | €315,807 | -€1,546 | -0.5% |
| Equity | 10/15 | €226,801 | €248,286 | +€21,485 | +9.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €176,801 | €198,286 | +€21,485 | +12.2% |
| Amounts payable | 17/49 | €90,552 | €67,521 | -€23,031 | -25.4% |
| Amounts payable after more than one year | 17 | €20,072 | - | -€20,072 | |
| Financial debts | 170/4 | €20,072 | - | -€20,072 | |
| Amounts payable within one year | 42/48 | €70,480 | €67,510 | -€2,970 | -4.2% |
| Current portion of amounts payable after more than one year | 42 | €39,083 | €53,924 | +€14,841 | +38.0% |
| Financial debts | 43 | €9,938 | €7,234 | -€2,704 | -27.2% |
| Credit institutions | 430/8 | €9,938 | €7,234 | -€2,704 | -27.2% |
| Trade debts | 44 | €2,697 | €1,420 | -€1,277 | -47.4% |
| Suppliers | 440/4 | €2,697 | €1,420 | -€1,277 | -47.4% |
| Taxes, remuneration and social security | 45 | €6,724 | €4,725 | -€1,999 | -29.7% |
| Taxes | 450/3 | €6,724 | €4,725 | -€1,999 | -29.7% |
| Other amounts payable | 47/48 | €12,039 | €208 | -€11,831 | -98.3% |
| Accrued charges and deferred income | 492/3 | - | €10 | +€10 | |
| Non-recurring operating income | 76A | €8,887 | - | -€8,887 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,475 | €2,965 | +€489 | +19.8% |
| Other operating charges | 640/8 | €1,054 | €387 | -€667 | -63.3% |
| Gross operating margin | 9900 | €59,347 | €36,496 | -€22,851 | -38.5% |
| Operating profit (loss) | 9901 | €55,818 | €33,144 | -€22,673 | -40.6% |
| Financial income | 75/76B | €1 | €0 | -€1 | -98.3% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -98.3% |
| Financial charges | 65/66B | €3,970 | €3,679 | -€292 | -7.3% |
| Recurring financial charges | 65 | €3,970 | €3,679 | -€292 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €51,848 | €29,466 | -€22,382 | -43.2% |
| Income taxes | 67/77 | €13,004 | €7,980 | -€5,024 | -38.6% |
| Profit (loss) for the period | 9904 | €38,844 | €21,485 | -€17,358 | -44.7% |
| Profit (loss) for the period to be appropriated | 9905 | €38,844 | €21,485 | -€17,358 | -44.7% |
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 12 October 2026 via checked.be.