FCL ENGINEERING: 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.
FCL ENGINEERING
Largest movements
- Tangible fixed assets -€115,254
down €115,254 (-41.1%), from €280,572 to €165,318
of which Land and buildings: -€105,918
- Cash +€86,723
up €86,723 (+7780.2%), from €1,115 to €87,838
mainly Investment in fixed assets (net) (+€76,859) and Receivables within one year (+€61,585)
- Receivables within one year -€61,585
down €61,585 (-57.9%), from €106,390 to €44,804
of which Trade receivables: -€63,140
- Debts after one year -€98,622
down €98,622 (-51.8%), from €190,293 to €91,671
- Reserves +€22,254
up €22,254 (+33.3%), from €66,852 to €89,106
- Tax, wage and social debts -€11,330
down €11,330 (-31.0%), from €36,604 to €25,274
of which Taxes: -€8,087
- Trade debts -€5,663
down €5,663 (-83.8%), from €6,755 to €1,092
- Gross operating margin +€84,146
up €84,146 (+54.7%), from €153,737 to €237,883
- Staff costs +€61,888
up €61,888 (+58.3%), from €106,219 to €168,106
- Financial income +€17,500
up €17,500 (+15908990.9%), from €0 to €17,500
- Depreciation +€16,019
up €16,019 (+71.6%), from €22,376 to €38,395
- Other operating charges +€8,996
up €8,996 (+250.2%), from €3,595 to €12,591
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 | €390,970 | €301,330 | -€89,640 | -22.9% |
| Fixed assets | 21/28 | €280,693 | €165,439 | -€115,254 | -41.1% |
| Tangible fixed assets | 22/27 | €280,572 | €165,318 | -€115,254 | -41.1% |
| Land and buildings | 22 | €232,818 | €126,900 | -€105,918 | -45.5% |
| Plant, machinery and equipment | 23 | €2,666 | €4,183 | +€1,517 | +56.9% |
| Furniture and vehicles | 24 | €45,088 | €34,235 | -€10,853 | -24.1% |
| Financial fixed assets | 28 | €121 | €121 | = | 0.0% |
| Current assets | 29/58 | €110,277 | €135,891 | +€25,614 | +23.2% |
| Amounts receivable within one year | 40/41 | €106,390 | €44,804 | -€61,585 | -57.9% |
| Trade receivables | 40 | €104,495 | €41,355 | -€63,140 | -60.4% |
| Other amounts receivable | 41 | €1,895 | €3,449 | +€1,554 | +82.0% |
| Cash at bank and in hand | 54/58 | €1,115 | €87,838 | +€86,723 | +7780.2% |
| Deferred charges and accrued income | 490/1 | €2,773 | €3,250 | +€476 | +17.2% |
| Total equity and liabilities | 10/49 | €390,970 | €301,330 | -€89,640 | -22.9% |
| Equity | 10/15 | €83,686 | €105,940 | +€22,254 | +26.6% |
| Contributions | 10/11 | €14,255 | €14,255 | = | 0.0% |
| Reserves | 13 | €66,852 | €89,106 | +€22,254 | +33.3% |
| Distributable reserves | 133 | €66,852 | €89,106 | +€22,254 | +33.3% |
| Profit (loss) carried forward | 14 | €2,579 | €2,579 | = | 0.0% |
| Amounts payable | 17/49 | €307,285 | €195,390 | -€111,895 | -36.4% |
| Amounts payable after more than one year | 17 | €190,293 | €91,671 | -€98,622 | -51.8% |
| Financial debts | 170/4 | €190,293 | €91,671 | -€98,622 | -51.8% |
| Amounts payable within one year | 42/48 | €116,992 | €103,719 | -€13,273 | -11.3% |
| Current portion of amounts payable after more than one year | 42 | €6,438 | €7,587 | +€1,149 | +17.9% |
| Trade debts | 44 | €6,755 | €1,092 | -€5,663 | -83.8% |
| Suppliers | 440/4 | €6,755 | €1,092 | -€5,663 | -83.8% |
| Taxes, remuneration and social security | 45 | €36,604 | €25,274 | -€11,330 | -31.0% |
| Taxes | 450/3 | €15,443 | €7,356 | -€8,087 | -52.4% |
| Remuneration and social security | 454/9 | €21,161 | €17,917 | -€3,243 | -15.3% |
| Other amounts payable | 47/48 | €67,195 | €69,765 | +€2,571 | +3.8% |
| Remuneration, social security and pensions | 62 | €106,219 | €168,106 | +€61,888 | +58.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,376 | €38,395 | +€16,019 | +71.6% |
| Other operating charges | 640/8 | €3,595 | €12,591 | +€8,996 | +250.2% |
| Gross operating margin | 9900 | €153,737 | €237,883 | +€84,146 | +54.7% |
| Operating profit (loss) | 9901 | €21,547 | €18,790 | -€2,757 | -12.8% |
| Financial income | 75/76B | €0 | €17,500 | +€17,500 | +15908990.9% |
| Recurring financial income | 75 | €0 | €17,500 | +€17,500 | +15908990.9% |
| Financial charges | 65/66B | €12,780 | €8,025 | -€4,754 | -37.2% |
| Recurring financial charges | 65 | €12,780 | €8,025 | -€4,754 | -37.2% |
| Profit (loss) for the period before taxes | 9903 | €8,767 | €28,264 | +€19,497 | +222.4% |
| Income taxes | 67/77 | €1,659 | €6,010 | +€4,351 | +262.2% |
| Profit (loss) for the period | 9904 | €7,108 | €22,254 | +€15,146 | +213.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,108 | €22,254 | +€15,146 | +213.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.