FCRR: 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.
FCRR
Largest movements
- Tangible fixed assets +€18,632
new in 2025: €18,632
- Receivables within one year +€10,597
up €10,597 (+41.4%), from €25,625 to €36,222
of which Trade receivables: +€12,231
- Profit (loss) carried forward +€19,707
up €19,707 (+33.6%), from -€58,702 to -€38,996
- Other debts -€15,677
down €15,677 (-19.2%), from €81,842 to €66,165
- Debts after one year +€12,819
new in 2025: €12,819
- Tax, wage and social debts +€4,942
new in 2025: €4,942
- Current portion of long-term debt +€4,583
new in 2025: €4,583
- Gross operating margin +€21,677
up €21,677 (+687.6%), from €3,153 to €24,830
- Depreciation +€4,082
new in 2025: €4,082
- Financial charges +€845
up €845 (+1826.1%), from €46 to €892
of which Financial charges: +€845
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 | €25,737 | €55,232 | +€29,495 | +114.6% |
| Fixed assets | 21/28 | - | €18,632 | +€18,632 | |
| Tangible fixed assets | 22/27 | - | €18,632 | +€18,632 | |
| Leasing and similar rights | 25 | - | €18,632 | +€18,632 | |
| Current assets | 29/58 | €25,737 | €36,600 | +€10,863 | +42.2% |
| Amounts receivable within one year | 40/41 | €25,625 | €36,222 | +€10,597 | +41.4% |
| Trade receivables | 40 | €23,991 | €36,222 | +€12,231 | +51.0% |
| Other amounts receivable | 41 | €1,634 | - | -€1,634 | |
| Cash at bank and in hand | 54/58 | €113 | €378 | +€266 | +236.2% |
| Total equity and liabilities | 10/49 | €25,737 | €55,232 | +€29,495 | +114.6% |
| Equity | 10/15 | -€56,516 | -€36,809 | +€19,707 | +34.9% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €686 | €686 | = | 0.0% |
| Non-distributable reserves | 130/1 | €686 | €686 | = | 0.0% |
| Reserves not available under the articles | 1311 | €686 | €686 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€58,702 | -€38,996 | +€19,707 | +33.6% |
| Amounts payable | 17/49 | €82,253 | €92,042 | +€9,788 | +11.9% |
| Amounts payable after more than one year | 17 | - | €12,819 | +€12,819 | |
| Financial debts | 170/4 | - | €12,819 | +€12,819 | |
| Amounts payable within one year | 42/48 | €82,253 | €79,223 | -€3,031 | -3.7% |
| Current portion of amounts payable after more than one year | 42 | - | €4,583 | +€4,583 | |
| Trade debts | 44 | €411 | €3,533 | +€3,122 | +758.8% |
| Suppliers | 440/4 | €411 | €3,533 | +€3,122 | +758.8% |
| Taxes, remuneration and social security | 45 | - | €4,942 | +€4,942 | |
| Taxes | 450/3 | - | €4,942 | +€4,942 | |
| Other amounts payable | 47/48 | €81,842 | €66,165 | -€15,677 | -19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €4,082 | +€4,082 | |
| Other operating charges | 640/8 | €255 | €149 | -€106 | -41.7% |
| Gross operating margin | 9900 | €3,153 | €24,830 | +€21,677 | +687.6% |
| Operating profit (loss) | 9901 | €2,897 | €20,598 | +€17,701 | +610.9% |
| Financial charges | 65/66B | €46 | €892 | +€845 | +1826.1% |
| Recurring financial charges | 65 | €46 | €892 | +€845 | +1826.1% |
| Non-recurring financial charges | 66B | €46 | - | -€46 | |
| Profit (loss) for the period before taxes | 9903 | €2,851 | €19,707 | +€16,855 | +591.2% |
| Profit (loss) for the period | 9904 | €2,851 | €19,707 | +€16,855 | +591.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,851 | €19,707 | +€16,855 | +591.2% |
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 9 October 2026 via checked.be.