FCM TECHNICS: 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.
FCM TECHNICS
Largest movements
- Receivables within one year +€6,342
up €6,342 (+36.8%), from €17,232 to €23,573
of which Trade receivables: +€5,627
- Stocks and contracts -€4,630
down €4,630 (-10.3%), from €44,904 to €40,274
of which Contracts in progress: -€4,147
- Cash -€2,244
down €2,244 (-20.0%), from €11,212 to €8,968
mainly Other debts (-€12,700) and Receivables within one year (-€6,342)
- Tangible fixed assets -€1,842
down €1,842 (-64.4%), from €2,861 to €1,019
- Other debts -€12,700
down €12,700 (-37.1%), from €34,205 to €21,505
- Profit (loss) carried forward +€6,848
up €6,848 (+68.2%), from €10,042 to €16,890
- Trade debts +€6,359
up €6,359 (+66.0%), from €9,629 to €15,988
- Tax, wage and social debts -€3,559
down €3,559 (-23.4%), from €15,188 to €11,629
of which Taxes: -€2,480
- Short-term financial debts +€1,149
up €1,149 (+107%), from €1,079 to €2,228
- Staff costs -€6,078
down €6,078 (-11.9%), from €50,879 to €44,801
- Depreciation -€1,763
down €1,763 (-48.9%), from €3,605 to €1,842
- Taxes +€1,505
up €1,505 (+193%), from €781 to €2,286
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.
Derived cash bridge
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 | €76,209 | €73,834 | -€2,375 | -3.1% |
| Fixed assets | 21/28 | €2,861 | €1,019 | -€1,842 | -64.4% |
| Tangible fixed assets | 22/27 | €2,861 | €1,019 | -€1,842 | -64.4% |
| Plant, machinery and equipment | 23 | €1,288 | €609 | -€678 | -52.7% |
| Furniture and vehicles | 24 | €656 | - | -€656 | |
| Other tangible fixed assets | 26 | €917 | €410 | -€507 | -55.3% |
| Current assets | 29/58 | €73,348 | €72,815 | -€533 | -0.7% |
| Stocks and contracts in progress | 3 | €44,904 | €40,274 | -€4,630 | -10.3% |
| Stocks | 30/36 | €35,082 | €34,598 | -€484 | -1.4% |
| Contracts in progress | 37 | €9,823 | €5,676 | -€4,147 | -42.2% |
| Amounts receivable within one year | 40/41 | €17,232 | €23,573 | +€6,342 | +36.8% |
| Trade receivables | 40 | €17,232 | €22,859 | +€5,627 | +32.7% |
| Other amounts receivable | 41 | - | €714 | +€714 | |
| Cash at bank and in hand | 54/58 | €11,212 | €8,968 | -€2,244 | -20.0% |
| Total equity and liabilities | 10/49 | €76,209 | €73,834 | -€2,375 | -3.1% |
| Equity | 10/15 | €15,042 | €21,890 | +€6,848 | +45.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,042 | €16,890 | +€6,848 | +68.2% |
| Amounts payable | 17/49 | €61,167 | €51,945 | -€9,222 | -15.1% |
| Amounts payable within one year | 42/48 | €60,946 | €51,945 | -€9,001 | -14.8% |
| Current portion of amounts payable after more than one year | 42 | €845 | €594 | -€251 | -29.7% |
| Financial debts | 43 | €1,079 | €2,228 | +€1,149 | +107% |
| Credit institutions | 430/8 | €1,079 | €2,228 | +€1,149 | +107% |
| Trade debts | 44 | €9,629 | €15,988 | +€6,359 | +66.0% |
| Suppliers | 440/4 | €9,629 | €15,988 | +€6,359 | +66.0% |
| Taxes, remuneration and social security | 45 | €15,188 | €11,629 | -€3,559 | -23.4% |
| Taxes | 450/3 | €8,716 | €6,236 | -€2,480 | -28.5% |
| Remuneration and social security | 454/9 | €6,473 | €5,394 | -€1,079 | -16.7% |
| Other amounts payable | 47/48 | €34,205 | €21,505 | -€12,700 | -37.1% |
| Accrued charges and deferred income | 492/3 | €221 | - | -€221 | |
| Remuneration, social security and pensions | 62 | €50,879 | €44,801 | -€6,078 | -11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,605 | €1,842 | -€1,763 | -48.9% |
| Other operating charges | 640/8 | €943 | €1,412 | +€468 | +49.7% |
| Gross operating margin | 9900 | €57,814 | €57,668 | -€146 | -0.3% |
| Operating profit (loss) | 9901 | €2,386 | €9,614 | +€7,228 | +303% |
| Financial income | 75/76B | €0 | €81 | +€81 | +101,088% |
| Recurring financial income | 75 | €0 | €81 | +€81 | +101,088% |
| Financial charges | 65/66B | €506 | €562 | +€56 | +11.0% |
| Recurring financial charges | 65 | €506 | €562 | +€56 | +11.0% |
| Profit (loss) for the period before taxes | 9903 | €1,881 | €9,133 | +€7,253 | +386% |
| Income taxes | 67/77 | €781 | €2,286 | +€1,505 | +193% |
| Profit (loss) for the period | 9904 | €1,100 | €6,848 | +€5,748 | +522% |
| Profit (loss) for the period to be appropriated | 9905 | €1,100 | €6,848 | +€5,748 | +522% |
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 15 October 2026 via checked.be.