FDF RENOVATION: 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.
FDF RENOVATION
Largest movements
- Receivables within one year +€4,612
up €4,612 (+18.9%), from €24,397 to €29,008
of which Trade receivables: +€3,324
- Cash -€904
down €904 (-2.3%), from €38,655 to €37,750
mainly Receivables within one year (-€4,612) and Trade debts (-€2,705)
- Profit (loss) carried forward +€5,160
up €5,160 (+9.9%), from €51,861 to €57,021
- Trade debts -€2,705
down €2,705 (-81.9%), from €3,304 to €598
- Tax, wage and social debts +€990
up €990 (+198%), from €499 to €1,488
- Gross operating margin +€6,292
up €6,292 (+917%), from €686 to €6,978
- Taxes +€1,370
up €1,370 (+1,929%), from €71 to €1,441
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 | €63,724 | €67,168 | +€3,444 | +5.4% |
| Fixed assets | 21/28 | - | €346 | +€346 | |
| Tangible fixed assets | 22/27 | - | €346 | +€346 | |
| Plant, machinery and equipment | 23 | - | €346 | +€346 | |
| Current assets | 29/58 | €63,724 | €66,822 | +€3,099 | +4.9% |
| Amounts receivable within one year | 40/41 | €24,397 | €29,008 | +€4,612 | +18.9% |
| Trade receivables | 40 | €19,750 | €23,074 | +€3,324 | +16.8% |
| Other amounts receivable | 41 | €4,647 | €5,934 | +€1,288 | +27.7% |
| Cash at bank and in hand | 54/58 | €38,655 | €37,750 | -€904 | -2.3% |
| Deferred charges and accrued income | 490/1 | €672 | €64 | -€609 | -90.5% |
| Total equity and liabilities | 10/49 | €63,724 | €67,168 | +€3,444 | +5.4% |
| Equity | 10/15 | €59,921 | €65,081 | +€5,160 | +8.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,861 | €57,021 | +€5,160 | +9.9% |
| Amounts payable | 17/49 | €3,803 | €2,087 | -€1,716 | -45.1% |
| Amounts payable within one year | 42/48 | €3,803 | €2,087 | -€1,716 | -45.1% |
| Trade debts | 44 | €3,304 | €598 | -€2,705 | -81.9% |
| Suppliers | 440/4 | €3,304 | €598 | -€2,705 | -81.9% |
| Taxes, remuneration and social security | 45 | €499 | €1,488 | +€990 | +198% |
| Taxes | 450/3 | €499 | €1,488 | +€990 | +198% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €67 | +€67 | |
| Other operating charges | 640/8 | €311 | €268 | -€44 | -14.0% |
| Gross operating margin | 9900 | €686 | €6,978 | +€6,292 | +917% |
| Operating profit (loss) | 9901 | €375 | €6,644 | +€6,269 | +1,673% |
| Financial income | 75/76B | €193 | €181 | -€11 | -5.9% |
| Recurring financial income | 75 | €193 | €181 | -€11 | -5.9% |
| Financial charges | 65/66B | €241 | €224 | -€18 | -7.3% |
| Recurring financial charges | 65 | €241 | €224 | -€18 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €326 | €6,602 | +€6,276 | +1,926% |
| Income taxes | 67/77 | €71 | €1,441 | +€1,370 | +1,929% |
| Profit (loss) for the period | 9904 | €255 | €5,160 | +€4,905 | +1,925% |
| Profit (loss) for the period to be appropriated | 9905 | €255 | €5,160 | +€4,905 | +1,925% |
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 23 October 2026 via checked.be.