FD Holding-Management: 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 Holding-Management
Largest movements
- Receivables within one year +€10,145
up €10,145 (+92.8%), from €10,936 to €21,082
of which Other amounts receivable: +€20,321
- Cash -€5,247
down €5,247 (-61.1%), from €8,595 to €3,348
mainly Receivables within one year (-€10,145) and Tax, wage and social debts (-€3,725)
- Reserves +€11,227
up €11,227 (+9.8%), from €114,133 to €125,360
of which Distributable reserves: +€11,227
- Tax, wage and social debts -€3,725
down €3,725 (-35.5%), from €10,502 to €6,776
- Other debts -€3,124
no longer reported in 2025 (was €3,124)
- Financial income -€148,000
no longer reported in 2025 (was €148,000)
- Turnover +€6,000
new in 2025: €6,000
- Purchases and services +€466
new in 2025: €466
- Gross operating margin +€271
up €271 (+5.1%), from €5,263 to €5,534
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 | €147,435 | €152,333 | +€4,898 | +3.3% |
| Fixed assets | 21/28 | €127,903 | €127,903 | = | 0.0% |
| Financial fixed assets | 28 | €127,903 | €127,903 | = | 0.0% |
| Current assets | 29/58 | €19,531 | €24,430 | +€4,898 | +25.1% |
| Amounts receivable within one year | 40/41 | €10,936 | €21,082 | +€10,145 | +92.8% |
| Trade receivables | 40 | €10,176 | - | -€10,176 | |
| Other amounts receivable | 41 | €760 | €21,082 | +€20,321 | +2,672% |
| Cash at bank and in hand | 54/58 | €8,595 | €3,348 | -€5,247 | -61.1% |
| Total equity and liabilities | 10/49 | €147,435 | €152,333 | +€4,898 | +3.3% |
| Equity | 10/15 | €132,927 | €144,372 | +€11,445 | +8.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €114,133 | €125,360 | +€11,227 | +9.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €112,273 | €123,500 | +€11,227 | +10.0% |
| Profit (loss) carried forward | 14 | €195 | €412 | +€218 | +112% |
| Amounts payable | 17/49 | €14,507 | €7,961 | -€6,547 | -45.1% |
| Amounts payable within one year | 42/48 | €14,507 | €7,961 | -€6,547 | -45.1% |
| Trade debts | 44 | €882 | €1,184 | +€303 | +34.3% |
| Suppliers | 440/4 | €882 | €1,184 | +€303 | +34.3% |
| Taxes, remuneration and social security | 45 | €10,502 | €6,776 | -€3,725 | -35.5% |
| Taxes | 450/3 | €10,502 | €6,776 | -€3,725 | -35.5% |
| Other amounts payable | 47/48 | €3,124 | - | -€3,124 | |
| Turnover | 70 | - | €6,000 | +€6,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €466 | +€466 | |
| Gross operating margin | 9900 | €5,263 | €5,534 | +€271 | +5.1% |
| Operating profit (loss) | 9901 | €5,263 | €5,534 | +€271 | +5.1% |
| Financial income | 75/76B | €148,000 | - | -€148,000 | |
| Recurring financial income | 75 | €148,000 | - | -€148,000 | |
| Financial charges | 65/66B | €42 | €42 | +€0 | 0.0% |
| Recurring financial charges | 65 | €42 | €42 | +€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €153,221 | €5,492 | -€147,729 | -96.4% |
| Income taxes | 67/77 | €1,423 | €1,466 | +€43 | +3.0% |
| Profit (loss) for the period | 9904 | €151,799 | €4,027 | -€147,772 | -97.3% |
| Profit (loss) for the period to be appropriated | 9905 | €151,799 | €4,027 | -€147,772 | -97.3% |
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 21 October 2026 via checked.be.