FDB: 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.
FDB
Largest movements
- Cash +€42,822
up €42,822 (+104%), from €41,334 to €84,156
mainly Net result for the year (+€44,210) and Tax, wage and social debts (+€17,275)
- Receivables within one year +€14,629
up €14,629 (+92.3%), from €15,854 to €30,482
of which Other amounts receivable: +€14,629
- Tangible fixed assets +€4,168
up €4,168 (+400%), from €1,042 to €5,210
- Deferred charges and accrued income -€1,490
down €1,490 (-18.6%), from €8,000 to €6,510
- Reserves +€36,760
up €36,760 (+85.8%), from €42,839 to €79,599
- Tax, wage and social debts +€17,275
up €17,275 (+92.3%), from €18,708 to €35,983
of which Taxes: +€17,261
- Other debts +€6,966
new in 2025: €6,966
- Gross operating margin +€44,493
up €44,493 (+131%), from €33,964 to €78,458
- Taxes +€15,122
up €15,122 (+108%), from €14,041 to €29,163
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 | €70,529 | €130,658 | +€60,129 | +85.3% |
| Fixed assets | 21/28 | €5,342 | €9,510 | +€4,168 | +78.0% |
| Tangible fixed assets | 22/27 | €1,042 | €5,210 | +€4,168 | +400% |
| Furniture and vehicles | 24 | €1,042 | €5,210 | +€4,168 | +400% |
| Financial fixed assets | 28 | €4,300 | €4,300 | = | 0.0% |
| Current assets | 29/58 | €65,187 | €121,148 | +€55,961 | +85.8% |
| Amounts receivable within one year | 40/41 | €15,854 | €30,482 | +€14,629 | +92.3% |
| Trade receivables | 40 | €908 | €908 | = | 0.0% |
| Other amounts receivable | 41 | €14,946 | €29,575 | +€14,629 | +97.9% |
| Cash at bank and in hand | 54/58 | €41,334 | €84,156 | +€42,822 | +104% |
| Deferred charges and accrued income | 490/1 | €8,000 | €6,510 | -€1,490 | -18.6% |
| Total equity and liabilities | 10/49 | €70,529 | €130,658 | +€60,129 | +85.3% |
| Equity | 10/15 | €50,215 | €86,975 | +€36,760 | +73.2% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Contributions outside capital | 11 | €20,460 | €20,460 | = | 0.0% |
| Other | 1109/19 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €42,839 | €79,599 | +€36,760 | +85.8% |
| Distributable reserves | 133 | €42,839 | €79,599 | +€36,760 | +85.8% |
| Profit (loss) carried forward | 14 | -€13,084 | -€13,084 | = | 0.0% |
| Amounts payable | 17/49 | €20,314 | €43,683 | +€23,369 | +115% |
| Amounts payable within one year | 42/48 | €20,314 | €43,683 | +€23,369 | +115% |
| Trade debts | 44 | €1,606 | €734 | -€873 | -54.3% |
| Suppliers | 440/4 | €1,606 | €734 | -€873 | -54.3% |
| Taxes, remuneration and social security | 45 | €18,708 | €35,983 | +€17,275 | +92.3% |
| Taxes | 450/3 | €18,545 | €35,805 | +€17,261 | +93.1% |
| Remuneration and social security | 454/9 | €163 | €178 | +€15 | +9.1% |
| Other amounts payable | 47/48 | - | €6,966 | +€6,966 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €331 | €730 | +€399 | +120% |
| Other operating charges | 640/8 | €2,764 | €2,719 | -€45 | -1.6% |
| Gross operating margin | 9900 | €33,964 | €78,458 | +€44,493 | +131% |
| Operating profit (loss) | 9901 | €30,870 | €75,009 | +€44,140 | +143% |
| Financial income | 75/76B | €2 | €11 | +€9 | +515% |
| Recurring financial income | 75 | €2 | €11 | +€9 | +515% |
| Financial charges | 65/66B | €2,392 | €1,646 | -€746 | -31.2% |
| Recurring financial charges | 65 | €2,392 | €1,646 | -€746 | -31.2% |
| Profit (loss) for the period before taxes | 9903 | €28,479 | €73,374 | +€44,894 | +158% |
| Income taxes | 67/77 | €14,041 | €29,163 | +€15,122 | +108% |
| Profit (loss) for the period | 9904 | €14,438 | €44,210 | +€29,772 | +206% |
| Profit (loss) for the period to be appropriated | 9905 | €14,438 | €44,210 | +€29,772 | +206% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.