FBO Solutions: 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.
FBO Solutions
Largest movements
- Receivables within one year +€319,798
up €319,798 (+132.9%), from €240,698 to €560,496
of which Other amounts receivable: +€283,465
- Cash -€73,915
down €73,915 (-23.9%), from €308,939 to €235,025
mainly Receivables within one year (-€319,798)
- Reserves +€207,110
up €207,110 (+56.0%), from €370,082 to €577,192
- Tax, wage and social debts +€31,544
up €31,544 (+17.7%), from €178,206 to €209,750
- Gross operating margin -€42,196
down €42,196 (-12.7%), from €332,080 to €289,884
- Taxes -€11,627
down €11,627 (-11.4%), from €101,599 to €89,972
- Financial income +€5,763
up €5,763 (+279.4%), from €2,063 to €7,826
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 | €549,638 | €795,521 | +€245,883 | +44.7% |
| Current assets | 29/58 | €549,638 | €795,521 | +€245,883 | +44.7% |
| Amounts receivable within one year | 40/41 | €240,698 | €560,496 | +€319,798 | +132.9% |
| Trade receivables | 40 | €72,600 | €108,934 | +€36,334 | +50.0% |
| Other amounts receivable | 41 | €168,098 | €451,563 | +€283,465 | +168.6% |
| Cash at bank and in hand | 54/58 | €308,939 | €235,025 | -€73,915 | -23.9% |
| Total equity and liabilities | 10/49 | €549,638 | €795,521 | +€245,883 | +44.7% |
| Equity | 10/15 | €371,082 | €578,192 | +€207,110 | +55.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €370,082 | €577,192 | +€207,110 | +56.0% |
| Distributable reserves | 133 | €370,082 | €577,192 | +€207,110 | +56.0% |
| Amounts payable | 17/49 | €178,556 | €217,329 | +€38,774 | +21.7% |
| Amounts payable within one year | 42/48 | €178,556 | €217,329 | +€38,774 | +21.7% |
| Trade debts | 44 | €349 | €954 | +€604 | +173.0% |
| Suppliers | 440/4 | €349 | €954 | +€604 | +173.0% |
| Taxes, remuneration and social security | 45 | €178,206 | €209,750 | +€31,544 | +17.7% |
| Taxes | 450/3 | €178,206 | €209,750 | +€31,544 | +17.7% |
| Other amounts payable | 47/48 | €0 | €6,625 | +€6,625 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €513 | €588 | +€75 | +14.5% |
| Gross operating margin | 9900 | €332,080 | €289,884 | -€42,196 | -12.7% |
| Operating profit (loss) | 9901 | €331,567 | €289,296 | -€42,271 | -12.7% |
| Financial income | 75/76B | €2,063 | €7,826 | +€5,763 | +279.4% |
| Recurring financial income | 75 | €2,063 | €7,826 | +€5,763 | +279.4% |
| Financial charges | 65/66B | €44 | €40 | -€3 | -7.1% |
| Recurring financial charges | 65 | €44 | €40 | -€3 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €333,586 | €297,081 | -€36,504 | -10.9% |
| Income taxes | 67/77 | €101,599 | €89,972 | -€11,627 | -11.4% |
| Profit (loss) for the period | 9904 | €231,987 | €207,110 | -€24,877 | -10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €231,987 | €207,110 | -€24,877 | -10.7% |
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 8 October 2026 via checked.be.