F.F.H. Projects: 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.H. Projects
Largest movements
- Cash -€8,946
down €8,946 (-63.2%), from €14,148 to €5,202
mainly Net result for the year (-€17,819) and Contributions, distributions and other (-€3,662)
- Tangible fixed assets +€644
up €644 (+13.3%), from €4,853 to €5,497
of which Furniture and vehicles: +€644
- Profit (loss) carried forward -€21,482
down €21,482 (-171%), from -€12,560 to -€34,042
- Other debts +€10,956
new in 2025: €10,956
- Trade debts +€2,032
up €2,032 (+164%), from €1,238 to €3,270
- Gross operating margin -€7,485
down €7,485 (-78.8%), from -€9,503 to -€16,988
- Depreciation -€3,704
no longer reported in 2025 (was €3,704)
- Financial income -€3,630
no longer reported in 2025 (was €3,630)
of which Financial income: -€3,630
- Write-downs -€2,024
no longer reported in 2025 (was €2,024)
- Other operating charges -€187
down €187 (-26.3%), from €711 to €524
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 | €20,941 | €12,448 | -€8,493 | -40.6% |
| Fixed assets | 21/28 | €4,853 | €5,497 | +€644 | +13.3% |
| Tangible fixed assets | 22/27 | €4,853 | €5,497 | +€644 | +13.3% |
| Plant, machinery and equipment | 23 | €1,652 | €1,652 | = | 0.0% |
| Furniture and vehicles | 24 | €3,201 | €3,845 | +€644 | +20.1% |
| Current assets | 29/58 | €16,088 | €6,951 | -€9,137 | -56.8% |
| Amounts receivable within one year | 40/41 | €1,456 | €1,376 | -€80 | -5.5% |
| Trade receivables | 40 | €1,026 | €1,026 | = | 0.0% |
| Other amounts receivable | 41 | €430 | €350 | -€80 | -18.6% |
| Cash at bank and in hand | 54/58 | €14,148 | €5,202 | -€8,946 | -63.2% |
| Deferred charges and accrued income | 490/1 | €484 | €373 | -€111 | -22.9% |
| Total equity and liabilities | 10/49 | €20,941 | €12,448 | -€8,493 | -40.6% |
| Equity | 10/15 | €19,703 | -€1,778 | -€21,481 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €26,063 | €26,064 | +€1 | 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 | €24,203 | €24,204 | +€1 | 0.0% |
| Profit (loss) carried forward | 14 | -€12,560 | -€34,042 | -€21,482 | -171% |
| Amounts payable | 17/49 | €1,238 | €14,226 | +€12,988 | +1,049% |
| Amounts payable within one year | 42/48 | €1,238 | €14,226 | +€12,988 | +1,049% |
| Trade debts | 44 | €1,238 | €3,270 | +€2,032 | +164% |
| Suppliers | 440/4 | €1,238 | €3,270 | +€2,032 | +164% |
| Other amounts payable | 47/48 | - | €10,956 | +€10,956 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,704 | - | -€3,704 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,024 | - | -€2,024 | |
| Other operating charges | 640/8 | €711 | €524 | -€187 | -26.3% |
| Gross operating margin | 9900 | -€9,503 | -€16,988 | -€7,485 | -78.8% |
| Operating profit (loss) | 9901 | -€15,942 | -€17,512 | -€1,570 | -9.8% |
| Financial income | 75/76B | €3,630 | - | -€3,630 | |
| Recurring financial income | 75 | €3,630 | - | -€3,630 | |
| Non-recurring financial income | 76B | €3,630 | - | -€3,630 | |
| Financial charges | 65/66B | €248 | €307 | +€59 | +23.8% |
| Recurring financial charges | 65 | €248 | €307 | +€59 | +23.8% |
| Profit (loss) for the period before taxes | 9903 | -€12,560 | -€17,819 | -€5,259 | -41.9% |
| Profit (loss) for the period | 9904 | -€12,560 | -€17,819 | -€5,259 | -41.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,560 | -€17,819 | -€5,259 | -41.9% |
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 25 October 2026 via checked.be.