F & F ELECTRO SYSTEMS: 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 ELECTRO SYSTEMS
Largest movements
- Receivables within one year +€17,974
up €17,974 (+66.9%), from €26,881 to €44,855
of which Trade receivables: +€18,194
- Tangible fixed assets +€7,374
up €7,374 (+221%), from €3,343 to €10,718
of which Furniture and vehicles: +€7,296
- Reserves +€20,747
up €20,747 (+25.9%), from €80,109 to €100,857
- Other debts +€5,821
up €5,821 (+44.7%), from €13,028 to €18,849
- Gross operating margin +€1,795
up €1,795 (+6.0%), from €30,025 to €31,820
- Depreciation +€652
up €652 (+71.9%), from €907 to €1,559
- Other operating charges +€523
up €523 (+107%), from €489 to €1,012
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 | €110,841 | €137,036 | +€26,196 | +23.6% |
| Fixed assets | 21/28 | €3,343 | €10,718 | +€7,374 | +221% |
| Tangible fixed assets | 22/27 | €3,343 | €10,718 | +€7,374 | +221% |
| Plant, machinery and equipment | 23 | €2,292 | €2,371 | +€78 | +3.4% |
| Furniture and vehicles | 24 | €1,051 | €8,347 | +€7,296 | +694% |
| Current assets | 29/58 | €107,497 | €126,319 | +€18,822 | +17.5% |
| Stocks and contracts in progress | 3 | €632 | €511 | -€121 | -19.1% |
| Stocks | 30/36 | €632 | €511 | -€121 | -19.1% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €26,881 | €44,855 | +€17,974 | +66.9% |
| Trade receivables | 40 | €24,920 | €43,114 | +€18,194 | +73.0% |
| Other amounts receivable | 41 | €1,961 | €1,741 | -€220 | -11.2% |
| Cash at bank and in hand | 54/58 | €77,822 | €78,176 | +€354 | +0.5% |
| Deferred charges and accrued income | 490/1 | €2,162 | €2,776 | +€615 | +28.4% |
| Total equity and liabilities | 10/49 | €110,841 | €137,036 | +€26,196 | +23.6% |
| Equity | 10/15 | €92,509 | €113,257 | +€20,747 | +22.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €80,109 | €100,857 | +€20,747 | +25.9% |
| Distributable reserves | 133 | €80,109 | €100,857 | +€20,747 | +25.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €18,331 | €23,780 | +€5,448 | +29.7% |
| Amounts payable within one year | 42/48 | €18,331 | €23,780 | +€5,448 | +29.7% |
| Trade debts | 44 | €2,685 | €2,588 | -€97 | -3.6% |
| Suppliers | 440/4 | €2,685 | €2,588 | -€97 | -3.6% |
| Taxes, remuneration and social security | 45 | €2,618 | €2,343 | -€275 | -10.5% |
| Taxes | 450/3 | €2,618 | €2,343 | -€275 | -10.5% |
| Other amounts payable | 47/48 | €13,028 | €18,849 | +€5,821 | +44.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €907 | €1,559 | +€652 | +71.9% |
| Other operating charges | 640/8 | €489 | €1,012 | +€523 | +107% |
| Gross operating margin | 9900 | €30,025 | €31,820 | +€1,795 | +6.0% |
| Operating profit (loss) | 9901 | €28,629 | €29,249 | +€620 | +2.2% |
| Financial income | 75/76B | €82 | €2 | -€80 | -98.1% |
| Recurring financial income | 75 | €82 | €2 | -€80 | -98.1% |
| Financial charges | 65/66B | €356 | €279 | -€76 | -21.4% |
| Recurring financial charges | 65 | €356 | €279 | -€76 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | €28,355 | €28,972 | +€616 | +2.2% |
| Income taxes | 67/77 | €8,119 | €8,224 | +€105 | +1.3% |
| Profit (loss) for the period | 9904 | €20,236 | €20,747 | +€511 | +2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €20,236 | €20,747 | +€511 | +2.5% |
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 26 October 2026 via checked.be.