F.P.C.SERVICING: 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.P.C.SERVICING
Largest movements
- Current investments -€124,642
down €124,642 (-70.5%), from €176,867 to €52,224
- Receivables within one year +€74,015
up €74,015 (+162%), from €45,616 to €119,631
of which Other amounts receivable: +€104,146
- Receivables after one year +€65,000
new in 2025: €65,000
- Cash -€36,120
down €36,120 (-19.6%), from €184,575 to €148,455
mainly Contributions, distributions and other (-€100,000) and Receivables within one year (-€74,015)
- Tangible fixed assets -€18,769
down €18,769 (-24.6%), from €76,427 to €57,658
of which Furniture and vehicles: -€16,502
- Reserves -€77,429
down €77,429 (-23.2%), from €334,067 to €256,638
of which Distributable reserves: -€77,429
- Other debts +€28,105
up €28,105 (+42.0%), from €66,895 to €95,000
- Trade debts +€6,991
up €6,991 (+282%), from €2,483 to €9,474
- Purchases and services -€208,974
down €208,974 (-72.7%), from €287,613 to €78,639
- Turnover -€195,011
down €195,011 (-57.5%), from €338,994 to €143,983
- Gross operating margin -€37,358
down €37,358 (-41.0%), from €91,077 to €53,719
- Taxes -€22,761
down €22,761 (-89.1%), from €25,531 to €2,770
- Write-downs +€18,318
up €18,318, from -€793 to €17,525
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 | €535,308 | €494,420 | -€40,888 | -7.6% |
| Fixed assets | 21/28 | €76,656 | €57,887 | -€18,769 | -24.5% |
| Tangible fixed assets | 22/27 | €76,427 | €57,658 | -€18,769 | -24.6% |
| Plant, machinery and equipment | 23 | €9,021 | €6,754 | -€2,267 | -25.1% |
| Furniture and vehicles | 24 | €67,406 | €50,904 | -€16,502 | -24.5% |
| Financial fixed assets | 28 | €229 | €229 | = | 0.0% |
| Current assets | 29/58 | €458,652 | €436,533 | -€22,120 | -4.8% |
| Amounts receivable after more than one year | 29 | - | €65,000 | +€65,000 | |
| Other amounts receivable | 291 | - | €65,000 | +€65,000 | |
| Stocks and contracts in progress | 3 | €50,804 | €50,412 | -€392 | -0.8% |
| Stocks | 30/36 | €50,804 | €50,412 | -€392 | -0.8% |
| Amounts receivable within one year | 40/41 | €45,616 | €119,631 | +€74,015 | +162% |
| Trade receivables | 40 | €39,607 | €9,476 | -€30,131 | -76.1% |
| Other amounts receivable | 41 | €6,009 | €110,155 | +€104,146 | +1,733% |
| Current investments | 50/53 | €176,867 | €52,224 | -€124,642 | -70.5% |
| Cash at bank and in hand | 54/58 | €184,575 | €148,455 | -€36,120 | -19.6% |
| Deferred charges and accrued income | 490/1 | €791 | €811 | +€20 | +2.6% |
| Total equity and liabilities | 10/49 | €535,308 | €494,420 | -€40,888 | -7.6% |
| Equity | 10/15 | €460,667 | €383,238 | -€77,429 | -16.8% |
| Contributions | 10/11 | €126,600 | €126,600 | = | 0.0% |
| Capital | 10 | €126,600 | €126,600 | = | 0.0% |
| Issued capital | 100 | €126,600 | €126,600 | = | 0.0% |
| Reserves | 13 | €334,067 | €256,638 | -€77,429 | -23.2% |
| Non-distributable reserves | 130/1 | €12,660 | €12,660 | = | 0.0% |
| Legal reserve | 130 | €12,660 | €12,660 | = | 0.0% |
| Distributable reserves | 133 | €321,407 | €243,978 | -€77,429 | -24.1% |
| Amounts payable | 17/49 | €74,641 | €111,182 | +€36,541 | +49.0% |
| Amounts payable within one year | 42/48 | €74,641 | €111,182 | +€36,541 | +49.0% |
| Trade debts | 44 | €2,483 | €9,474 | +€6,991 | +282% |
| Suppliers | 440/4 | €2,483 | €9,474 | +€6,991 | +282% |
| Taxes, remuneration and social security | 45 | €5,263 | €6,708 | +€1,445 | +27.5% |
| Taxes | 450/3 | €5,263 | €6,708 | +€1,445 | +27.5% |
| Other amounts payable | 47/48 | €66,895 | €95,000 | +€28,105 | +42.0% |
| Turnover | 70 | €338,994 | €143,983 | -€195,011 | -57.5% |
| Non-recurring operating income | 76A | €9,966 | - | -€9,966 | |
| Goods, raw materials, services and sundry goods | 60/61 | €287,613 | €78,639 | -€208,974 | -72.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,776 | €20,409 | +€633 | +3.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€793 | €17,525 | +€18,318 | |
| Other operating charges | 640/8 | €12,117 | €1,486 | -€10,631 | -87.7% |
| Gross operating margin | 9900 | €91,077 | €53,719 | -€37,358 | -41.0% |
| Operating profit (loss) | 9901 | €59,976 | €14,299 | -€45,677 | -76.2% |
| Financial income | 75/76B | €14,633 | €20,711 | +€6,078 | +41.5% |
| Recurring financial income | 75 | €14,633 | €20,711 | +€6,078 | +41.5% |
| Financial charges | 65/66B | €8,888 | €9,669 | +€781 | +8.8% |
| Recurring financial charges | 65 | €8,888 | €9,669 | +€781 | +8.8% |
| Profit (loss) for the period before taxes | 9903 | €65,720 | €25,341 | -€40,379 | -61.4% |
| Income taxes | 67/77 | €25,531 | €2,770 | -€22,761 | -89.1% |
| Profit (loss) for the period | 9904 | €40,189 | €22,571 | -€17,619 | -43.8% |
| Profit (loss) for the period to be appropriated | 9905 | €40,189 | €22,571 | -€17,619 | -43.8% |
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 22 October 2026 via checked.be.