FC21: 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.
FC21
Largest movements
- Tangible fixed assets +€461,797
up €461,797 (+1525.6%), from €30,269 to €492,067
of which Other tangible fixed assets: +€463,201
- Receivables within one year -€205,972
down €205,972 (-64.1%), from €321,549 to €115,577
of which Other amounts receivable: -€254,847
- Intangible fixed assets -€68,986
down €68,986 (-30.2%), from €228,052 to €159,066
- Cash +€56,269
up €56,269 (+33.0%), from €170,361 to €226,629
mainly Debts after one year (+€294,257) and Receivables within one year (+€205,972)
- Debts after one year +€294,257
new in 2025: €294,257
- Other debts -€109,913
down €109,913 (-29.4%), from €373,787 to €263,874
- Tax, wage and social debts -€61,461
down €61,461 (-36.0%), from €170,777 to €109,316
of which Taxes: -€34,166
- Profit (loss) carried forward +€50,915
up €50,915 (+42.9%), from €118,684 to €169,600
- Current portion of long-term debt +€42,962
new in 2025: €42,962
- Depreciation +€61,650
up €61,650 (+116.9%), from €52,727 to €114,377
- Staff costs +€55,304
up €55,304 (+12.8%), from €433,148 to €488,452
- Taxes -€44,487
down €44,487 (-91.9%), from €48,421 to €3,933
- Financial charges +€18,819
up €18,819 (+21660.6%), from €87 to €18,906
- Other operating charges -€10,105
down €10,105 (-81.4%), from €12,408 to €2,302
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 | €774,776 | €1,020,639 | +€245,863 | +31.7% |
| Fixed assets | 21/28 | €270,321 | €663,133 | +€392,812 | +145.3% |
| Intangible fixed assets | 21 | €228,052 | €159,066 | -€68,986 | -30.2% |
| Tangible fixed assets | 22/27 | €30,269 | €492,067 | +€461,797 | +1525.6% |
| Furniture and vehicles | 24 | €14,069 | €12,666 | -€1,404 | -10.0% |
| Other tangible fixed assets | 26 | €16,200 | €479,401 | +€463,201 | +2859.3% |
| Financial fixed assets | 28 | €12,000 | €12,000 | = | 0.0% |
| Current assets | 29/58 | €504,455 | €357,506 | -€146,949 | -29.1% |
| Stocks and contracts in progress | 3 | €12,545 | €15,300 | +€2,755 | +22.0% |
| Stocks | 30/36 | €12,545 | €15,300 | +€2,755 | +22.0% |
| Amounts receivable within one year | 40/41 | €321,549 | €115,577 | -€205,972 | -64.1% |
| Trade receivables | 40 | €52,366 | €101,240 | +€48,875 | +93.3% |
| Other amounts receivable | 41 | €269,184 | €14,336 | -€254,847 | -94.7% |
| Cash at bank and in hand | 54/58 | €170,361 | €226,629 | +€56,269 | +33.0% |
| Total equity and liabilities | 10/49 | €774,776 | €1,020,639 | +€245,863 | +31.7% |
| Equity | 10/15 | €137,284 | €188,200 | +€50,915 | +37.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €118,684 | €169,600 | +€50,915 | +42.9% |
| Amounts payable | 17/49 | €637,492 | €832,439 | +€194,948 | +30.6% |
| Amounts payable after more than one year | 17 | - | €294,257 | +€294,257 | |
| Financial debts | 170/4 | - | €294,257 | +€294,257 | |
| Amounts payable within one year | 42/48 | €637,492 | €538,183 | -€99,309 | -15.6% |
| Current portion of amounts payable after more than one year | 42 | - | €42,962 | +€42,962 | |
| Trade debts | 44 | €92,928 | €122,031 | +€29,104 | +31.3% |
| Suppliers | 440/4 | €92,928 | €122,031 | +€29,104 | +31.3% |
| Taxes, remuneration and social security | 45 | €170,777 | €109,316 | -€61,461 | -36.0% |
| Taxes | 450/3 | €96,742 | €62,576 | -€34,166 | -35.3% |
| Remuneration and social security | 454/9 | €74,035 | €46,740 | -€27,295 | -36.9% |
| Other amounts payable | 47/48 | €373,787 | €263,874 | -€109,913 | -29.4% |
| Remuneration, social security and pensions | 62 | €433,148 | €488,452 | +€55,304 | +12.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,727 | €114,377 | +€61,650 | +116.9% |
| Other operating charges | 640/8 | €12,408 | €2,302 | -€10,105 | -81.4% |
| Gross operating margin | 9900 | €673,951 | €678,267 | +€4,316 | +0.6% |
| Operating profit (loss) | 9901 | €175,669 | €73,136 | -€102,533 | -58.4% |
| Financial income | 75/76B | - | €618 | +€618 | |
| Recurring financial income | 75 | - | €618 | +€618 | |
| Financial charges | 65/66B | €87 | €18,906 | +€18,819 | +21660.6% |
| Recurring financial charges | 65 | €87 | €18,906 | +€18,819 | +21660.6% |
| Profit (loss) for the period before taxes | 9903 | €175,582 | €54,849 | -€120,733 | -68.8% |
| Income taxes | 67/77 | €48,421 | €3,933 | -€44,487 | -91.9% |
| Profit (loss) for the period | 9904 | €127,161 | €50,915 | -€76,246 | -60.0% |
| Profit (loss) for the period to be appropriated | 9905 | €127,161 | €50,915 | -€76,246 | -60.0% |
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 11 October 2026 via checked.be.