FBR SERVICES: 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.
FBR SERVICES
Largest movements
- Receivables within one year +€8,073
up €8,073 (+5.1%), from €156,823 to €164,896
of which Other amounts receivable: +€13,011
- Reserves +€51,014
up €51,014 (+29.1%), from €175,504 to €226,518
- Other debts -€50,000
down €50,000 (-100.0%), from €50,000 to €0
- Short-term financial debts +€13,584
up €13,584 (+2.8%), from €477,884 to €491,468
of which Credit institutions: +€13,584
- Tax, wage and social debts -€8,304
down €8,304 (-42.4%), from €19,598 to €11,294
- Gross operating margin -€16,882
down €16,882 (-14.0%), from €120,963 to €104,081
- Financial charges -€7,046
down €7,046 (-20.9%), from €33,712 to €26,666
- Financial income +€5,574
up €5,574 (+114.5%), from €4,869 to €10,442
of which Financial income: +€5,574
- Taxes +€1,396
up €1,396 (+4.4%), from €31,924 to €33,320
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 | €790,416 | €789,346 | -€1,070 | -0.1% |
| Fixed assets | 21/28 | €624,786 | €624,340 | -€445 | -0.1% |
| Tangible fixed assets | 22/27 | €445 | €0 | -€445 | -100.0% |
| Furniture and vehicles | 24 | €445 | €0 | -€445 | -100.0% |
| Financial fixed assets | 28 | €624,340 | €624,340 | = | 0.0% |
| Current assets | 29/58 | €165,630 | €165,006 | -€624 | -0.4% |
| Amounts receivable within one year | 40/41 | €156,823 | €164,896 | +€8,073 | +5.1% |
| Trade receivables | 40 | €4,938 | €0 | -€4,938 | -100.0% |
| Other amounts receivable | 41 | €151,885 | €164,896 | +€13,011 | +8.6% |
| Cash at bank and in hand | 54/58 | €6,340 | €110 | -€6,230 | -98.3% |
| Deferred charges and accrued income | 490/1 | €2,467 | €0 | -€2,467 | -100.0% |
| Total equity and liabilities | 10/49 | €790,416 | €789,346 | -€1,070 | -0.1% |
| Equity | 10/15 | €234,104 | €285,118 | +€51,014 | +21.8% |
| Contributions | 10/11 | €58,600 | €58,600 | = | 0.0% |
| Reserves | 13 | €175,504 | €226,518 | +€51,014 | +29.1% |
| Distributable reserves | 133 | €175,504 | €226,518 | +€51,014 | +29.1% |
| Amounts payable | 17/49 | €556,312 | €504,228 | -€52,084 | -9.4% |
| Amounts payable within one year | 42/48 | €554,906 | €504,228 | -€50,678 | -9.1% |
| Financial debts | 43 | €477,884 | €491,468 | +€13,584 | +2.8% |
| Credit institutions | 430/8 | €477,884 | €491,468 | +€13,584 | +2.8% |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €2,425 | €1,466 | -€959 | -39.5% |
| Suppliers | 440/4 | €2,425 | €1,466 | -€959 | -39.5% |
| Advances received on contracts in progress | 46 | €5,000 | €0 | -€5,000 | -100.0% |
| Taxes, remuneration and social security | 45 | €19,598 | €11,294 | -€8,304 | -42.4% |
| Taxes | 450/3 | €19,598 | €11,294 | -€8,304 | -42.4% |
| Other amounts payable | 47/48 | €50,000 | €0 | -€50,000 | -100.0% |
| Accrued charges and deferred income | 492/3 | €1,406 | €0 | -€1,406 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €522 | €445 | -€76 | -14.6% |
| Other operating charges | 640/8 | €4,195 | €3,078 | -€1,118 | -26.6% |
| Gross operating margin | 9900 | €120,963 | €104,081 | -€16,882 | -14.0% |
| Operating profit (loss) | 9901 | €116,247 | €100,558 | -€15,689 | -13.5% |
| Financial income | 75/76B | €4,869 | €10,442 | +€5,574 | +114.5% |
| Recurring financial income | 75 | €4,869 | €10,442 | +€5,574 | +114.5% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €33,712 | €26,666 | -€7,046 | -20.9% |
| Recurring financial charges | 65 | €33,712 | €26,666 | -€7,046 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | €87,403 | €84,334 | -€3,069 | -3.5% |
| Income taxes | 67/77 | €31,924 | €33,320 | +€1,396 | +4.4% |
| Profit (loss) for the period | 9904 | €55,479 | €51,014 | -€4,465 | -8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €55,479 | €51,014 | -€4,465 | -8.0% |
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 6 October 2026 via checked.be.