F.T.P. srl: 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.T.P. srl
Largest movements
- Cash +€28,673
up €28,673 (+75.3%), from €38,060 to €66,733
mainly Depreciation (+€20,235) and Net result for the year (+€14,527)
- Intangible fixed assets -€13,248
down €13,248 (-28.9%), from €45,920 to €32,671
- Tangible fixed assets -€6,481
down €6,481 (-46.7%), from €13,893 to €7,412
of which Plant, machinery and equipment: -€6,018
- Receivables within one year -€1,612
down €1,612 (-19.5%), from €8,277 to €6,665
- Profit (loss) carried forward +€14,527
up €14,527 (+33.5%), from €43,383 to €57,910
- Other debts -€9,094
down €9,094 (-21.7%), from €41,874 to €32,781
- Debts after one year -€3,496
down €3,496 (-94.7%), from €3,691 to €194
- Tax, wage and social debts +€2,975
new in 2025: €2,975
- Trade debts +€1,863
up €1,863 (+257%), from €725 to €2,588
- Taxes +€6,869
up €6,869 (+418%), from €1,645 to €8,514
- Gross operating margin +€3,469
up €3,469 (+8.4%), from €41,243 to €44,712
- Financial charges -€3,311
down €3,311 (-88.7%), from €3,734 to €423
- Depreciation +€2,927
up €2,927 (+16.9%), from €17,308 to €20,235
- Staff costs -€450
down €450 (-56.3%), from €800 to €350
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 | €107,119 | €113,945 | +€6,826 | +6.4% |
| Formation expenses | 20 | €969 | €464 | -€506 | -52.2% |
| Fixed assets | 21/28 | €59,812 | €40,083 | -€19,729 | -33.0% |
| Intangible fixed assets | 21 | €45,920 | €32,671 | -€13,248 | -28.9% |
| Tangible fixed assets | 22/27 | €13,893 | €7,412 | -€6,481 | -46.7% |
| Plant, machinery and equipment | 23 | €12,581 | €6,563 | -€6,018 | -47.8% |
| Furniture and vehicles | 24 | €1,312 | €849 | -€464 | -35.3% |
| Current assets | 29/58 | €46,338 | €73,398 | +€27,061 | +58.4% |
| Amounts receivable within one year | 40/41 | €8,277 | €6,665 | -€1,612 | -19.5% |
| Other amounts receivable | 41 | €8,277 | €6,665 | -€1,612 | -19.5% |
| Cash at bank and in hand | 54/58 | €38,060 | €66,733 | +€28,673 | +75.3% |
| Total equity and liabilities | 10/49 | €107,119 | €113,945 | +€6,826 | +6.4% |
| Equity | 10/15 | €57,383 | €71,910 | +€14,527 | +25.3% |
| Contributions | 10/11 | €14,000 | €14,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,383 | €57,910 | +€14,527 | +33.5% |
| Amounts payable | 17/49 | €49,736 | €42,035 | -€7,701 | -15.5% |
| Amounts payable after more than one year | 17 | €3,691 | €194 | -€3,496 | -94.7% |
| Financial debts | 170/4 | €3,691 | €194 | -€3,496 | -94.7% |
| Amounts payable within one year | 42/48 | €46,045 | €41,840 | -€4,205 | -9.1% |
| Current portion of amounts payable after more than one year | 42 | €3,445 | €3,496 | +€51 | +1.5% |
| Trade debts | 44 | €725 | €2,588 | +€1,863 | +257% |
| Suppliers | 440/4 | €725 | €2,588 | +€1,863 | +257% |
| Taxes, remuneration and social security | 45 | - | €2,975 | +€2,975 | |
| Remuneration and social security | 454/9 | - | €2,975 | +€2,975 | |
| Other amounts payable | 47/48 | €41,874 | €32,781 | -€9,094 | -21.7% |
| Remuneration, social security and pensions | 62 | €800 | €350 | -€450 | -56.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,308 | €20,235 | +€2,927 | +16.9% |
| Other operating charges | 640/8 | €290 | €663 | +€373 | +128% |
| Gross operating margin | 9900 | €41,243 | €44,712 | +€3,469 | +8.4% |
| Operating profit (loss) | 9901 | €22,845 | €23,464 | +€619 | +2.7% |
| Financial charges | 65/66B | €3,734 | €423 | -€3,311 | -88.7% |
| Recurring financial charges | 65 | €3,734 | €423 | -€3,311 | -88.7% |
| Profit (loss) for the period before taxes | 9903 | €19,110 | €23,041 | +€3,931 | +20.6% |
| Income taxes | 67/77 | €1,645 | €8,514 | +€6,869 | +418% |
| Profit (loss) for the period | 9904 | €17,466 | €14,527 | -€2,939 | -16.8% |
| Profit (loss) for the period to be appropriated | 9905 | €17,466 | €14,527 | -€2,939 | -16.8% |
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 27 October 2026 via checked.be.