FDC Projectmanagement: 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.
FDC Projectmanagement
Largest movements
- Deferred charges and accrued income +€37,614
up €37,614 (+1,037%), from €3,626 to €41,240
- Cash +€20,968
up €20,968 (+588%), from €3,568 to €24,536
mainly Net result for the year (+€68,430) and Tax, wage and social debts (+€35,053)
- Reserves +€66,770
up €66,770 (+15.4%), from €432,490 to €499,260
of which Distributable reserves: +€66,770
- Tax, wage and social debts +€35,053
up €35,053 (+318%), from €11,027 to €46,080
- Short-term financial debts -€33,231
no longer reported in 2025 (was €33,231)
- Other debts -€14,362
down €14,362 (-27.0%), from €53,217 to €38,855
- Gross operating margin -€49,084
down €49,084 (-31.4%), from €156,295 to €107,211
- Taxes -€12,517
down €12,517 (-24.7%), from €50,632 to €38,115
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 | €544,051 | €599,078 | +€55,027 | +10.1% |
| Fixed assets | 21/28 | €2,486 | €1,551 | -€935 | -37.6% |
| Tangible fixed assets | 22/27 | €2,486 | €1,551 | -€935 | -37.6% |
| Furniture and vehicles | 24 | €2,486 | €1,551 | -€935 | -37.6% |
| Current assets | 29/58 | €541,565 | €597,527 | +€55,962 | +10.3% |
| Amounts receivable within one year | 40/41 | €534,371 | €531,751 | -€2,620 | -0.5% |
| Trade receivables | 40 | €71,371 | €38,635 | -€32,736 | -45.9% |
| Other amounts receivable | 41 | €463,000 | €493,116 | +€30,116 | +6.5% |
| Cash at bank and in hand | 54/58 | €3,568 | €24,536 | +€20,968 | +588% |
| Deferred charges and accrued income | 490/1 | €3,626 | €41,240 | +€37,614 | +1,037% |
| Total equity and liabilities | 10/49 | €544,051 | €599,078 | +€55,027 | +10.1% |
| Equity | 10/15 | €444,892 | €511,661 | +€66,769 | +15.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €432,490 | €499,260 | +€66,770 | +15.4% |
| 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 | €430,630 | €497,400 | +€66,770 | +15.5% |
| Profit (loss) carried forward | 14 | €2 | €1 | -€1 | -50.0% |
| Amounts payable | 17/49 | €99,159 | €87,417 | -€11,742 | -11.8% |
| Amounts payable within one year | 42/48 | €99,159 | €87,017 | -€12,142 | -12.2% |
| Financial debts | 43 | €33,231 | - | -€33,231 | |
| Credit institutions | 430/8 | €33,231 | - | -€33,231 | |
| Trade debts | 44 | €1,684 | €2,082 | +€398 | +23.6% |
| Suppliers | 440/4 | €1,684 | €2,082 | +€398 | +23.6% |
| Taxes, remuneration and social security | 45 | €11,027 | €46,080 | +€35,053 | +318% |
| Taxes | 450/3 | €11,027 | €46,080 | +€35,053 | +318% |
| Other amounts payable | 47/48 | €53,217 | €38,855 | -€14,362 | -27.0% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,390 | €935 | -€455 | -32.7% |
| Other operating charges | 640/8 | €920 | €1,581 | +€661 | +71.8% |
| Gross operating margin | 9900 | €156,295 | €107,211 | -€49,084 | -31.4% |
| Operating profit (loss) | 9901 | €153,985 | €104,695 | -€49,290 | -32.0% |
| Financial income | 75/76B | €3,040 | €3,045 | +€5 | +0.2% |
| Recurring financial income | 75 | €3,040 | €3,045 | +€5 | +0.2% |
| Financial charges | 65/66B | €1,938 | €1,195 | -€743 | -38.3% |
| Recurring financial charges | 65 | €1,938 | €1,195 | -€743 | -38.3% |
| Profit (loss) for the period before taxes | 9903 | €155,087 | €106,545 | -€48,542 | -31.3% |
| Income taxes | 67/77 | €50,632 | €38,115 | -€12,517 | -24.7% |
| Profit (loss) for the period | 9904 | €104,455 | €68,430 | -€36,025 | -34.5% |
| Profit (loss) for the period to be appropriated | 9905 | €104,455 | €68,430 | -€36,025 | -34.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.