FD Company: 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.
FD Company
Largest movements
- Tangible fixed assets -€99,371
down €99,371 (-3.8%), from €2.6m to €2.5m
- Debts after one year -€154,612
down €154,612 (-7.3%), from €2.1m to €2.0m
- Trade debts -€93,592
no longer reported in 2025 (was €93,592)
- Profit (loss) carried forward +€85,291
up €85,291 (+49.6%), from -€172,058 to -€86,767
- Other debts +€51,909
up €51,909 (+12.9%), from €403,394 to €455,302
- Gross operating margin +€197,702
up €197,702 (+277%), from €71,283 to €268,985
- Other operating charges +€26,091
new in 2025: €26,091
- Financial income -€23,558
down €23,558 (-99.5%), from €23,672 to €114
- Financial charges -€15,507
down €15,507 (-21.0%), from €73,818 to €58,311
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 | €2,681,264 | €2,569,125 | -€112,140 | -4.2% |
| Fixed assets | 21/28 | €2,637,714 | €2,538,343 | -€99,371 | -3.8% |
| Tangible fixed assets | 22/27 | €2,636,964 | €2,537,593 | -€99,371 | -3.8% |
| Land and buildings | 22 | €2,636,964 | €2,537,593 | -€99,371 | -3.8% |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €43,550 | €30,782 | -€12,768 | -29.3% |
| Cash at bank and in hand | 54/58 | €43,550 | €30,782 | -€12,768 | -29.3% |
| Total equity and liabilities | 10/49 | €2,681,264 | €2,569,125 | -€112,140 | -4.2% |
| Equity | 10/15 | -€122,058 | -€36,767 | +€85,291 | +69.9% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€172,058 | -€86,767 | +€85,291 | +49.6% |
| Amounts payable | 17/49 | €2,803,322 | €2,605,891 | -€197,431 | -7.0% |
| Amounts payable after more than one year | 17 | €2,126,854 | €1,972,242 | -€154,612 | -7.3% |
| Financial debts | 170/4 | €2,126,854 | €1,972,242 | -€154,612 | -7.3% |
| Amounts payable within one year | 42/48 | €647,258 | €609,914 | -€37,345 | -5.8% |
| Current portion of amounts payable after more than one year | 42 | €150,273 | €154,612 | +€4,339 | +2.9% |
| Trade debts | 44 | €93,592 | - | -€93,592 | |
| Suppliers | 440/4 | €93,592 | - | -€93,592 | |
| Other amounts payable | 47/48 | €403,394 | €455,302 | +€51,909 | +12.9% |
| Accrued charges and deferred income | 492/3 | €29,210 | €23,735 | -€5,475 | -18.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99,371 | €99,371 | -€0 | 0.0% |
| Other operating charges | 640/8 | - | €26,091 | +€26,091 | |
| Gross operating margin | 9900 | €71,283 | €268,985 | +€197,702 | +277% |
| Operating profit (loss) | 9901 | -€28,089 | €143,523 | +€171,612 | |
| Financial income | 75/76B | €23,672 | €114 | -€23,558 | -99.5% |
| Recurring financial income | 75 | €23,672 | €114 | -€23,558 | -99.5% |
| Financial charges | 65/66B | €73,818 | €58,311 | -€15,507 | -21.0% |
| Recurring financial charges | 65 | €73,818 | €58,311 | -€15,507 | -21.0% |
| Profit (loss) for the period before taxes | 9903 | -€78,235 | €85,325 | +€163,560 | |
| Income taxes | 67/77 | - | €34 | +€34 | |
| Profit (loss) for the period | 9904 | -€78,235 | €85,291 | +€163,526 | |
| Profit (loss) for the period to be appropriated | 9905 | -€78,235 | €85,291 | +€163,526 |
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 24 October 2026 via checked.be.