FBG PROJECTS 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.
FBG PROJECTS SRL
Largest movements
- Stocks and contracts +€926,489
up €926,489 (+23.5%), from €3.9m to €4.9m
- Cash +€451,529
up €451,529 (+284.2%), from €158,876 to €610,405
mainly Other debts (+€1.6m) and Debts after one year (+€250,000)
- Deferred charges and accrued income +€397,332
up €397,332 (+41042.0%), from €968 to €398,300
- Other debts +€1.6m
up €1.6m (+53.5%), from €3.0m to €4.7m
- Trade debts -€259,637
down €259,637 (-47.0%), from €552,585 to €292,948
- Debts after one year +€250,000
new in 2025: €250,000
- Tax, wage and social debts +€142,579
up €142,579 (+174.7%), from €81,598 to €224,177
- Turnover +€368,629
up €368,629 (+57.1%), from €645,491 to €1.0m
- Purchases and services +€212,848
up €212,848 (+27.9%), from €761,897 to €974,746
- Gross operating margin +€157,267
up €157,267, from -€116,406 to €40,861
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 | €4,130,882 | €5,926,445 | +€1.8m | +43.5% |
| Fixed assets | 21/28 | - | €30,440 | +€30,440 | |
| Financial fixed assets | 28 | - | €30,440 | +€30,440 | |
| Current assets | 29/58 | €4,130,882 | €5,896,005 | +€1.8m | +42.7% |
| Stocks and contracts in progress | 3 | €3,937,911 | €4,864,400 | +€926,489 | +23.5% |
| Stocks | 30/36 | €3,937,911 | €4,864,400 | +€926,489 | +23.5% |
| Amounts receivable within one year | 40/41 | €33,127 | €22,901 | -€10,226 | -30.9% |
| Trade receivables | 40 | €4,918 | €7,113 | +€2,194 | +44.6% |
| Other amounts receivable | 41 | €28,208 | €15,788 | -€12,421 | -44.0% |
| Cash at bank and in hand | 54/58 | €158,876 | €610,405 | +€451,529 | +284.2% |
| Deferred charges and accrued income | 490/1 | €968 | €398,300 | +€397,332 | +41042.0% |
| Total equity and liabilities | 10/49 | €4,130,882 | €5,926,445 | +€1.8m | +43.5% |
| Equity | 10/15 | €466,233 | €508,747 | +€42,514 | +9.1% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Contributions outside capital | 11 | €6,000 | €6,000 | = | 0.0% |
| Share premium | 1100/10 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €460,233 | €502,747 | +€42,514 | +9.2% |
| Amounts payable | 17/49 | €3,664,649 | €5,417,698 | +€1.8m | +47.8% |
| Amounts payable after more than one year | 17 | - | €250,000 | +€250,000 | |
| Financial debts | 170/4 | - | €250,000 | +€250,000 | |
| Amounts payable within one year | 42/48 | €3,663,734 | €5,167,698 | +€1.5m | +41.1% |
| Trade debts | 44 | €552,585 | €292,948 | -€259,637 | -47.0% |
| Suppliers | 440/4 | €552,585 | €292,948 | -€259,637 | -47.0% |
| Taxes, remuneration and social security | 45 | €81,598 | €224,177 | +€142,579 | +174.7% |
| Taxes | 450/3 | €81,598 | €224,177 | +€142,579 | +174.7% |
| Other amounts payable | 47/48 | €3,029,551 | €4,650,573 | +€1.6m | +53.5% |
| Accrued charges and deferred income | 492/3 | €915 | - | -€915 | |
| Turnover | 70 | €645,491 | €1,014,120 | +€368,629 | +57.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €761,897 | €974,746 | +€212,848 | +27.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88 | - | -€88 | |
| Other operating charges | 640/8 | €968 | €1,487 | +€519 | +53.7% |
| Gross operating margin | 9900 | -€116,406 | €40,861 | +€157,267 | |
| Operating profit (loss) | 9901 | -€117,462 | €39,374 | +€156,836 | |
| Financial income | 75/76B | €1,578 | €10,015 | +€8,437 | +534.7% |
| Recurring financial income | 75 | €1,578 | €10,015 | +€8,437 | +534.7% |
| Financial charges | 65/66B | €8,848 | €6,876 | -€1,972 | -22.3% |
| Recurring financial charges | 65 | €8,848 | €6,876 | -€1,972 | -22.3% |
| Profit (loss) for the period before taxes | 9903 | -€124,731 | €42,514 | +€167,245 | |
| Profit (loss) for the period | 9904 | -€124,731 | €42,514 | +€167,245 | |
| Profit (loss) for the period to be appropriated | 9905 | -€124,731 | €42,514 | +€167,245 |
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 12 October 2026 via checked.be.