F&F HOME PROJECTS: what changed
F&F HOME PROJECTS
Largest movements
- Stocks and contracts -€192,359
down €192,359 (-82.8%), from €232,359 to €40,000
- Receivables within one year -€182,207
down €182,207 (-56.1%), from €324,819 to €142,612
of which Trade receivables: -€228,579
- Cash +€19,252
up €19,252 (+19,625%), from €98 to €19,350
mainly Stocks and contracts (+€192,359) and Receivables within one year (+€182,207)
- Trade debts -€252,063
down €252,063 (-88.2%), from €285,927 to €33,864
- Short-term financial debts -€224,000
no longer reported in 2025 (was €224,000)
- Tax, wage and social debts +€101,773
new in 2025: €101,773
- Other debts +€15,824
up €15,824 (+28.8%), from €54,880 to €70,704
- Gross operating margin -€10,273
down €10,273 (-54.0%), from €19,037 to €8,764
- Financial charges -€4,573
down €4,573 (-40.2%), from €11,364 to €6,792
- Other operating charges -€787
no longer reported in 2025 (was €787)
- Financial income -€583
down €583 (-33.1%), from €1,762 to €1,179
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €557,276 | €201,962 | -€355,315 | -63.8% |
| Current assets | 29/58 | €557,276 | €201,962 | -€355,315 | -63.8% |
| Stocks and contracts in progress | 3 | €232,359 | €40,000 | -€192,359 | -82.8% |
| Contracts in progress | 37 | €232,359 | €40,000 | -€192,359 | -82.8% |
| Amounts receivable within one year | 40/41 | €324,819 | €142,612 | -€182,207 | -56.1% |
| Trade receivables | 40 | €289,074 | €60,494 | -€228,579 | -79.1% |
| Other amounts receivable | 41 | €35,746 | €82,117 | +€46,372 | +130% |
| Cash at bank and in hand | 54/58 | €98 | €19,350 | +€19,252 | +19,625% |
| Total equity and liabilities | 10/49 | €557,276 | €201,962 | -€355,315 | -63.8% |
| Equity | 10/15 | -€7,675 | -€4,523 | +€3,152 | +41.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,675 | -€14,523 | +€3,152 | +17.8% |
| Amounts payable | 17/49 | €564,951 | €206,485 | -€358,467 | -63.5% |
| Amounts payable within one year | 42/48 | €564,807 | €206,340 | -€358,467 | -63.5% |
| Financial debts | 43 | €224,000 | - | -€224,000 | |
| Credit institutions | 430/8 | €224,000 | - | -€224,000 | |
| Trade debts | 44 | €285,927 | €33,864 | -€252,063 | -88.2% |
| Suppliers | 440/4 | €285,927 | €33,864 | -€252,063 | -88.2% |
| Taxes, remuneration and social security | 45 | - | €101,773 | +€101,773 | |
| Taxes | 450/3 | - | €101,773 | +€101,773 | |
| Other amounts payable | 47/48 | €54,880 | €70,704 | +€15,824 | +28.8% |
| Accrued charges and deferred income | 492/3 | €145 | €145 | = | 0.0% |
| Other operating charges | 640/8 | €787 | - | -€787 | |
| Gross operating margin | 9900 | €19,037 | €8,764 | -€10,273 | -54.0% |
| Operating profit (loss) | 9901 | €18,250 | €8,764 | -€9,486 | -52.0% |
| Financial income | 75/76B | €1,762 | €1,179 | -€583 | -33.1% |
| Recurring financial income | 75 | €1,762 | €1,179 | -€583 | -33.1% |
| Financial charges | 65/66B | €11,364 | €6,792 | -€4,573 | -40.2% |
| Recurring financial charges | 65 | €11,364 | €6,792 | -€4,573 | -40.2% |
| Profit (loss) for the period before taxes | 9903 | €8,648 | €3,152 | -€5,496 | -63.6% |
| Profit (loss) for the period | 9904 | €8,648 | €3,152 | -€5,496 | -63.6% |
| Profit (loss) for the period to be appropriated | 9905 | €8,648 | €3,152 | -€5,496 | -63.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.