F.K.Y.: 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.Y.
Largest movements
- Cash +€19,817
up €19,817 (+66.4%), from €29,861 to €49,678
mainly Net result for the year (+€33,158) and Tax, wage and social debts (+€12,999)
- Tangible fixed assets -€19,255
down €19,255 (-98.7%), from €19,517 to €262
of which Plant, machinery and equipment: -€13,636
- Intangible fixed assets +€17,000
new in 2025: €17,000
- Receivables within one year -€7,621
down €7,621 (-26.8%), from €28,405 to €20,785
of which Trade receivables: -€20,748
- Profit (loss) carried forward +€42,771
up €42,771 (+3,304%), from €1,295 to €44,066
- Trade debts -€33,026
down €33,026 (-83.2%), from €39,695 to €6,670
- Tax, wage and social debts +€12,999
up €12,999 (+367%), from €3,538 to €16,538
- Reserves -€9,159
down €9,159 (-83.1%), from €11,018 to €1,859
- Other debts -€2,237
no longer reported in 2025 (was €2,237)
- Gross operating margin +€45,127
up €45,127 (+437%), from €10,322 to €55,449
- Taxes +€12,244
up €12,244 (+3,420%), from €358 to €12,602
- Depreciation +€4,791
up €4,791 (+1,076%), from €445 to €5,236
- Other operating charges +€4,688
new in 2025: €4,688
- Financial income +€693
new in 2025: €693
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 | €77,784 | €87,724 | +€9,940 | +12.8% |
| Fixed assets | 21/28 | €19,517 | €17,262 | -€2,255 | -11.6% |
| Intangible fixed assets | 21 | - | €17,000 | +€17,000 | |
| Tangible fixed assets | 22/27 | €19,517 | €262 | -€19,255 | -98.7% |
| Plant, machinery and equipment | 23 | €13,636 | - | -€13,636 | |
| Furniture and vehicles | 24 | €5,881 | €262 | -€5,619 | -95.5% |
| Current assets | 29/58 | €58,267 | €70,462 | +€12,196 | +20.9% |
| Amounts receivable within one year | 40/41 | €28,405 | €20,785 | -€7,621 | -26.8% |
| Trade receivables | 40 | €28,405 | €7,657 | -€20,748 | -73.0% |
| Other amounts receivable | 41 | - | €13,127 | +€13,127 | |
| Cash at bank and in hand | 54/58 | €29,861 | €49,678 | +€19,817 | +66.4% |
| Total equity and liabilities | 10/49 | €77,784 | €87,724 | +€9,940 | +12.8% |
| Equity | 10/15 | €32,313 | €64,517 | +€32,204 | +99.7% |
| Contributions | 10/11 | €20,000 | €18,592 | -€1,408 | -7.0% |
| Reserves | 13 | €11,018 | €1,859 | -€9,159 | -83.1% |
| Non-distributable reserves | 130/1 | €11,018 | €1,859 | -€9,159 | -83.1% |
| Reserves not available under the articles | 1311 | - | €1,859 | +€1,859 | |
| Other | 1319 | €11,018 | - | -€11,018 | |
| Profit (loss) carried forward | 14 | €1,295 | €44,066 | +€42,771 | +3,304% |
| Amounts payable | 17/49 | €45,471 | €23,207 | -€22,264 | -49.0% |
| Amounts payable within one year | 42/48 | €45,471 | €23,207 | -€22,264 | -49.0% |
| Trade debts | 44 | €39,695 | €6,670 | -€33,026 | -83.2% |
| Suppliers | 440/4 | €39,695 | €6,670 | -€33,026 | -83.2% |
| Taxes, remuneration and social security | 45 | €3,538 | €16,538 | +€12,999 | +367% |
| Taxes | 450/3 | €3,538 | €16,538 | +€12,999 | +367% |
| Other amounts payable | 47/48 | €2,237 | - | -€2,237 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €445 | €5,236 | +€4,791 | +1,076% |
| Other operating charges | 640/8 | - | €4,688 | +€4,688 | |
| Gross operating margin | 9900 | €10,322 | €55,449 | +€45,127 | +437% |
| Operating profit (loss) | 9901 | €9,876 | €45,524 | +€35,648 | +361% |
| Financial income | 75/76B | - | €693 | +€693 | |
| Recurring financial income | 75 | - | €693 | +€693 | |
| Financial charges | 65/66B | €128 | €458 | +€330 | +259% |
| Recurring financial charges | 65 | €128 | €458 | +€330 | +259% |
| Profit (loss) for the period before taxes | 9903 | €9,749 | €45,759 | +€36,010 | +369% |
| Income taxes | 67/77 | €358 | €12,602 | +€12,244 | +3,420% |
| Profit (loss) for the period | 9904 | €9,391 | €33,158 | +€23,767 | +253% |
| Profit (loss) for the period to be appropriated | 9905 | €9,391 | €33,158 | +€23,767 | +253% |
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 29 October 2026 via checked.be.