F & P DESIGN: 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 DESIGN
Largest movements
- Tangible fixed assets -€93,270
down €93,270 (-1.9%), from €5.0m to €4.9m
of which Land and buildings: -€73,595
- Other debts -€119,200
down €119,200 (-10.7%), from €1.1m to €991,056
- Debts after one year -€74,611
down €74,611 (-16.4%), from €455,406 to €380,795
- Reserves +€69,500
up €69,500 (+1.8%), from €3.8m to €3.9m
of which Distributable reserves: +€69,500
- Gross operating margin +€90,650
up €90,650 (+59.0%), from €153,725 to €244,375
- Taxes +€10,676
new in 2025: €10,676
- Financial charges +€4,480
up €4,480 (+8.3%), from €54,172 to €58,652
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 | €5,535,245 | €5,444,475 | -€90,770 | -1.6% |
| Fixed assets | 21/28 | €5,509,407 | €5,416,137 | -€93,270 | -1.7% |
| Tangible fixed assets | 22/27 | €5,026,015 | €4,932,745 | -€93,270 | -1.9% |
| Land and buildings | 22 | €4,764,587 | €4,690,993 | -€73,595 | -1.5% |
| Plant, machinery and equipment | 23 | €34,943 | €31,663 | -€3,280 | -9.4% |
| Other tangible fixed assets | 26 | €226,484 | €210,089 | -€16,395 | -7.2% |
| Financial fixed assets | 28 | €483,392 | €483,392 | = | 0.0% |
| Current assets | 29/58 | €25,838 | €28,337 | +€2,500 | +9.7% |
| Cash at bank and in hand | 54/58 | €19,771 | €23,019 | +€3,248 | +16.4% |
| Deferred charges and accrued income | 490/1 | €6,067 | €5,318 | -€749 | -12.3% |
| Total equity and liabilities | 10/49 | €5,535,245 | €5,444,475 | -€90,770 | -1.6% |
| Equity | 10/15 | €3,843,281 | €3,912,874 | +€69,593 | +1.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €3,781,200 | €3,850,700 | +€69,500 | +1.8% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €3,775,000 | €3,844,500 | +€69,500 | +1.8% |
| Profit (loss) carried forward | 14 | €81 | €174 | +€93 | +115% |
| Amounts payable | 17/49 | €1,691,965 | €1,531,601 | -€160,363 | -9.5% |
| Amounts payable after more than one year | 17 | €455,406 | €380,795 | -€74,611 | -16.4% |
| Financial debts | 170/4 | €455,406 | €380,795 | -€74,611 | -16.4% |
| Amounts payable within one year | 42/48 | €1,192,555 | €1,093,969 | -€98,586 | -8.3% |
| Current portion of amounts payable after more than one year | 42 | €73,887 | €74,611 | +€724 | +1.0% |
| Trade debts | 44 | - | €740 | +€740 | |
| Suppliers | 440/4 | - | €740 | +€740 | |
| Taxes, remuneration and social security | 45 | €8,412 | €27,562 | +€19,149 | +228% |
| Taxes | 450/3 | €8,412 | €27,562 | +€19,149 | +228% |
| Other amounts payable | 47/48 | €1,110,256 | €991,056 | -€119,200 | -10.7% |
| Accrued charges and deferred income | 492/3 | €44,004 | €56,837 | +€12,834 | +29.2% |
| Non-recurring operating income | 76A | - | €6,650 | +€6,650 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95,977 | €95,104 | -€873 | -0.9% |
| Other operating charges | 640/8 | €10,018 | €10,350 | +€332 | +3.3% |
| Gross operating margin | 9900 | €153,725 | €244,375 | +€90,650 | +59.0% |
| Operating profit (loss) | 9901 | €47,730 | €138,921 | +€91,191 | +191% |
| Financial charges | 65/66B | €54,172 | €58,652 | +€4,480 | +8.3% |
| Recurring financial charges | 65 | €54,172 | €58,652 | +€4,480 | +8.3% |
| Profit (loss) for the period before taxes | 9903 | -€6,442 | €80,269 | +€86,711 | |
| Income taxes | 67/77 | - | €10,676 | +€10,676 | |
| Profit (loss) for the period | 9904 | -€6,442 | €69,593 | +€76,035 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,442 | €69,593 | +€76,035 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.