F. P: what changed
Two fiscal 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. P
Largest movements
- Tangible fixed assets -€13,120
down €13,120 (-4.3%), from €307,913 to €294,794
- Debts after one year -€16,736
down €16,736 (-6.9%), from €241,259 to €224,523
- Other debts +€6,410
up €6,410 (+14.9%), from €43,153 to €49,563
- Profit (loss) carried forward -€3,641
down €3,641 (-13.1%), from -€27,688 to -€31,328
- Turnover +€18,540
new in 2025: €18,540
- Purchases and services +€2,582
new in 2025: €2,582
- Depreciation -€671
down €671 (-4.9%), from €13,791 to €13,120
- Financial charges -€370
down €370 (-6.1%), from €6,098 to €5,728
- Other operating charges -€209
down €209 (-21.8%), from €959 to €750
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.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €307,913 | €294,794 | -€13,120 | -4.3% |
| Fixed assets | 21/28 | €307,913 | €294,794 | -€13,120 | -4.3% |
| Tangible fixed assets | 22/27 | €307,913 | €294,794 | -€13,120 | -4.3% |
| Land and buildings | 22 | €307,913 | €294,794 | -€13,120 | -4.3% |
| Total equity and liabilities | 10/49 | €307,913 | €294,794 | -€13,120 | -4.3% |
| Equity | 10/15 | -€9,088 | -€12,728 | -€3,641 | -40.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,688 | -€31,328 | -€3,641 | -13.1% |
| Amounts payable | 17/49 | €317,001 | €307,522 | -€9,479 | -3.0% |
| Amounts payable after more than one year | 17 | €241,259 | €224,523 | -€16,736 | -6.9% |
| Financial debts | 170/4 | €241,259 | €224,523 | -€16,736 | -6.9% |
| Amounts payable within one year | 42/48 | €75,742 | €82,999 | +€7,257 | +9.6% |
| Current portion of amounts payable after more than one year | 42 | €16,358 | €16,736 | +€379 | +2.3% |
| Financial debts | 43 | €11,347 | €11,347 | = | 0.0% |
| Credit institutions | 430/8 | €11,347 | €11,347 | = | 0.0% |
| Trade debts | 44 | €942 | €1,410 | +€468 | +49.7% |
| Suppliers | 440/4 | €942 | €1,410 | +€468 | +49.7% |
| Taxes, remuneration and social security | 45 | €3,944 | €3,944 | = | 0.0% |
| Taxes | 450/3 | €3,944 | €3,944 | = | 0.0% |
| Other amounts payable | 47/48 | €43,153 | €49,563 | +€6,410 | +14.9% |
| Turnover | 70 | - | €18,540 | +€18,540 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €2,582 | +€2,582 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,791 | €13,120 | -€671 | -4.9% |
| Other operating charges | 640/8 | €959 | €750 | -€209 | -21.8% |
| Gross operating margin | 9900 | €16,047 | €15,958 | -€89 | -0.6% |
| Operating profit (loss) | 9901 | €1,297 | €2,088 | +€790 | +60.9% |
| Financial charges | 65/66B | €6,098 | €5,728 | -€370 | -6.1% |
| Recurring financial charges | 65 | €6,098 | €5,728 | -€370 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,801 | -€3,641 | +€1,160 | +24.2% |
| Profit (loss) for the period | 9904 | -€4,801 | -€3,641 | +€1,160 | +24.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,801 | -€3,641 | +€1,160 | +24.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.