FBDT: 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.
FBDT
Largest movements
- Receivables within one year +€18,235
up €18,235 (+647.1%), from €2,818 to €21,054
of which Trade receivables: +€15,147
- Tangible fixed assets +€8,492
up €8,492 (+3679.0%), from €231 to €8,723
- Cash -€4,696
down €4,696 (-25.4%), from €18,501 to €13,804
mainly Receivables within one year (-€18,235) and Other debts (-€14,688)
- Profit (loss) carried forward +€34,350
up €34,350 (+3131.7%), from €1,097 to €35,447
- Other debts -€14,688
down €14,688 (-95.8%), from €15,328 to €640
- Tax, wage and social debts +€5,288
new in 2025: €5,288
of which Taxes: +€4,188
- Trade debts -€3,265
down €3,265 (-60.8%), from €5,369 to €2,105
- Gross operating margin +€35,682
up €35,682 (+357.2%), from €9,989 to €45,672
- Financial charges -€28,545
down €28,545 (-99.3%), from €28,749 to €204
- Taxes +€5,012
new in 2025: €5,012
- Depreciation +€4,932
up €4,932 (+3226.2%), from €153 to €5,085
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
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 | €22,334 | €43,979 | +€21,646 | +96.9% |
| Fixed assets | 21/28 | €231 | €8,723 | +€8,492 | +3679.0% |
| Tangible fixed assets | 22/27 | €231 | €8,723 | +€8,492 | +3679.0% |
| Furniture and vehicles | 24 | €231 | €8,723 | +€8,492 | +3679.0% |
| Current assets | 29/58 | €22,103 | €35,256 | +€13,153 | +59.5% |
| Amounts receivable within one year | 40/41 | €2,818 | €21,054 | +€18,235 | +647.1% |
| Trade receivables | 40 | €419 | €15,566 | +€15,147 | +3614.1% |
| Other amounts receivable | 41 | €2,399 | €5,488 | +€3,089 | +128.7% |
| Cash at bank and in hand | 54/58 | €18,501 | €13,804 | -€4,696 | -25.4% |
| Deferred charges and accrued income | 490/1 | €784 | €398 | -€386 | -49.2% |
| Total equity and liabilities | 10/49 | €22,334 | €43,979 | +€21,646 | +96.9% |
| Equity | 10/15 | €1,597 | €35,947 | +€34,350 | +2151.1% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,097 | €35,447 | +€34,350 | +3131.7% |
| Amounts payable | 17/49 | €20,737 | €8,032 | -€12,705 | -61.3% |
| Amounts payable within one year | 42/48 | €20,698 | €8,032 | -€12,666 | -61.2% |
| Trade debts | 44 | €5,369 | €2,105 | -€3,265 | -60.8% |
| Suppliers | 440/4 | €5,369 | €2,105 | -€3,265 | -60.8% |
| Taxes, remuneration and social security | 45 | - | €5,288 | +€5,288 | |
| Taxes | 450/3 | - | €4,188 | +€4,188 | |
| Remuneration and social security | 454/9 | - | €1,100 | +€1,100 | |
| Other amounts payable | 47/48 | €15,328 | €640 | -€14,688 | -95.8% |
| Accrued charges and deferred income | 492/3 | €39 | - | -€39 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €153 | €5,085 | +€4,932 | +3226.2% |
| Other operating charges | 640/8 | €1,007 | €1,019 | +€13 | +1.3% |
| Gross operating margin | 9900 | €9,989 | €45,672 | +€35,682 | +357.2% |
| Operating profit (loss) | 9901 | €8,830 | €39,567 | +€30,737 | +348.1% |
| Financial charges | 65/66B | €28,749 | €204 | -€28,545 | -99.3% |
| Recurring financial charges | 65 | €28,749 | €204 | -€28,545 | -99.3% |
| Profit (loss) for the period before taxes | 9903 | -€19,919 | €39,363 | +€59,282 | |
| Income taxes | 67/77 | - | €5,012 | +€5,012 | |
| Profit (loss) for the period | 9904 | -€19,919 | €34,350 | +€54,270 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,919 | €34,350 | +€54,270 |
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 4 October 2026 via checked.be.