F.K.W. PROJECT: 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.K.W. PROJECT
Largest movements
- Cash -€1,932
down €1,932 (-42.8%), from €4,515 to €2,583
mainly Tax, wage and social debts (-€1,918) and Net result for the year (-€82)
- Tax, wage and social debts -€1,918
no longer reported in 2025 (was €1,918)
- Financial income -€4,663
down €4,663 (-67.8%), from €6,881 to €2,218
- Financial charges -€339
down €339 (-37.7%), from €901 to €561
- Gross operating margin -€41
down €41 (-2.4%), from -€1,695 to -€1,736
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 | €99,780 | €97,780 | -€2,000 | -2.0% |
| Current assets | 29/58 | €99,780 | €97,780 | -€2,000 | -2.0% |
| Current investments | 50/53 | €95,197 | €95,197 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,515 | €2,583 | -€1,932 | -42.8% |
| Deferred charges and accrued income | 490/1 | €67 | - | -€67 | |
| Total equity and liabilities | 10/49 | €99,780 | €97,780 | -€2,000 | -2.0% |
| Equity | 10/15 | €61,349 | €61,267 | -€82 | -0.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Contributions outside capital | 11 | €62,000 | €62,000 | = | 0.0% |
| Other | 1109/19 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,851 | -€6,933 | -€82 | -1.2% |
| Amounts payable | 17/49 | €38,431 | €36,513 | -€1,918 | -5.0% |
| Amounts payable within one year | 42/48 | €38,431 | €36,513 | -€1,918 | -5.0% |
| Taxes, remuneration and social security | 45 | €1,918 | - | -€1,918 | |
| Taxes | 450/3 | €1,918 | - | -€1,918 | |
| Other amounts payable | 47/48 | €36,513 | €36,513 | = | 0.0% |
| Gross operating margin | 9900 | -€1,695 | -€1,736 | -€41 | -2.4% |
| Operating profit (loss) | 9901 | -€1,695 | -€1,736 | -€41 | -2.4% |
| Financial income | 75/76B | €6,881 | €2,218 | -€4,663 | -67.8% |
| Recurring financial income | 75 | €6,881 | €2,218 | -€4,663 | -67.8% |
| Financial charges | 65/66B | €901 | €561 | -€339 | -37.7% |
| Recurring financial charges | 65 | €901 | €561 | -€339 | -37.7% |
| Profit (loss) for the period before taxes | 9903 | €4,286 | -€79 | -€4,364 | |
| Income taxes | 67/77 | - | €3 | +€3 | |
| Profit (loss) for the period | 9904 | €4,286 | -€82 | -€4,367 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,286 | -€82 | -€4,367 |
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 14 October 2026 via checked.be.