F.F INTERNATIONAL CONSTRUCT: what changed
F.F INTERNATIONAL CONSTRUCT
Largest movements
- Receivables within one year -€8,465
down €8,465 (-31.9%), from €26,540 to €18,075
of which Trade receivables: -€6,004
- Cash -€4,292
down €4,292 (-50.5%), from €8,496 to €4,204
mainly Other debts (-€11,538) and Deferred charges and accrued income (-€2,754)
- Deferred charges and accrued income +€2,754
up €2,754 (+1,020%), from €270 to €3,024
- Tangible fixed assets -€1,568
down €1,568 (-38.3%), from €4,089 to €2,521
of which Plant, machinery and equipment: -€1,241
- Stocks and contracts +€536
up €536 (+492%), from €109 to €645
- Other debts -€11,538
down €11,538 (-96.8%), from €11,917 to €379
- Gross operating margin -€5,008
down €5,008 (-63.6%), from €7,869 to €2,861
- Other operating charges -€3,912
down €3,912 (-84.5%), from €4,632 to €720
- Taxes -€390
down €390 (-90.8%), from €430 to €40
- Depreciation +€314
up €314 (+19.6%), from €1,601 to €1,915
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 | €43,004 | €31,969 | -€11,034 | -25.7% |
| Fixed assets | 21/28 | €7,589 | €6,021 | -€1,568 | -20.7% |
| Tangible fixed assets | 22/27 | €4,089 | €2,521 | -€1,568 | -38.3% |
| Plant, machinery and equipment | 23 | €2,642 | €1,401 | -€1,241 | -47.0% |
| Furniture and vehicles | 24 | €1,447 | €1,120 | -€327 | -22.6% |
| Financial fixed assets | 28 | €3,500 | €3,500 | = | 0.0% |
| Current assets | 29/58 | €35,415 | €25,948 | -€9,467 | -26.7% |
| Stocks and contracts in progress | 3 | €109 | €645 | +€536 | +492% |
| Stocks | 30/36 | €109 | €645 | +€536 | +492% |
| Amounts receivable within one year | 40/41 | €26,540 | €18,075 | -€8,465 | -31.9% |
| Trade receivables | 40 | €22,340 | €16,335 | -€6,004 | -26.9% |
| Other amounts receivable | 41 | €4,200 | €1,740 | -€2,460 | -58.6% |
| Cash at bank and in hand | 54/58 | €8,496 | €4,204 | -€4,292 | -50.5% |
| Deferred charges and accrued income | 490/1 | €270 | €3,024 | +€2,754 | +1,020% |
| Total equity and liabilities | 10/49 | €43,004 | €31,969 | -€11,034 | -25.7% |
| Equity | 10/15 | €21,296 | €21,317 | +€21 | +0.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,696 | €2,717 | +€21 | +0.8% |
| Distributable reserves | 133 | €2,696 | €2,717 | +€21 | +0.8% |
| Amounts payable | 17/49 | €21,708 | €10,652 | -€11,056 | -50.9% |
| Amounts payable within one year | 42/48 | €21,708 | €10,652 | -€11,056 | -50.9% |
| Trade debts | 44 | €6,819 | €7,221 | +€402 | +5.9% |
| Suppliers | 440/4 | €6,819 | €7,221 | +€402 | +5.9% |
| Taxes, remuneration and social security | 45 | €2,972 | €3,052 | +€80 | +2.7% |
| Taxes | 450/3 | €472 | €52 | -€420 | -88.9% |
| Remuneration and social security | 454/9 | €2,500 | €3,000 | +€500 | +20.0% |
| Other amounts payable | 47/48 | €11,917 | €379 | -€11,538 | -96.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,601 | €1,915 | +€314 | +19.6% |
| Other operating charges | 640/8 | €4,632 | €720 | -€3,912 | -84.5% |
| Gross operating margin | 9900 | €7,869 | €2,861 | -€5,008 | -63.6% |
| Operating profit (loss) | 9901 | €1,636 | €227 | -€1,410 | -86.1% |
| Financial income | 75/76B | €0 | €10 | +€10 | +33,233% |
| Recurring financial income | 75 | €0 | €10 | +€10 | +33,233% |
| Financial charges | 65/66B | €221 | €176 | -€45 | -20.3% |
| Recurring financial charges | 65 | €221 | €176 | -€45 | -20.3% |
| Profit (loss) for the period before taxes | 9903 | €1,416 | €61 | -€1,355 | -95.7% |
| Income taxes | 67/77 | €430 | €40 | -€390 | -90.8% |
| Profit (loss) for the period | 9904 | €986 | €21 | -€965 | -97.8% |
| Profit (loss) for the period to be appropriated | 9905 | €986 | €21 | -€965 | -97.8% |
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 5 November 2026 via checked.be.