FDG SERVICES: what changed
Two fiscal 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.
FDG SERVICES
Largest movements
- Cash +€24,981
up €24,981 (+39.5%), from €63,312 to €88,293
mainly Net result for the year (+€29,663) and Other debts (+€12,721)
- Tangible fixed assets -€3,153
down €3,153 (-46.6%), from €6,758 to €3,606
of which Furniture and vehicles: -€2,136
- Receivables within one year -€2,974
down €2,974 (-16.0%), from €18,610 to €15,636
of which Trade receivables: -€3,553
- Deferred charges and accrued income -€2,633
down €2,633 (-40.3%), from €6,527 to €3,894
- Intangible fixed assets +€1,428
new in 2025: €1,428
- Other debts +€12,721
new in 2025: €12,721
- Reserves +€12,300
up €12,300 (+15.4%), from €79,801 to €92,101
- Tax, wage and social debts -€6,910
down €6,910 (-46.3%), from €14,913 to €8,003
- Gross operating margin +€22,280
up €22,280 (+85.9%), from €25,925 to €48,205
- Depreciation +€5,459
up €5,459 (+188.2%), from €2,901 to €8,360
- Taxes +€3,694
up €3,694 (+68.5%), from €5,393 to €9,087
- Financial charges -€673
down €673 (-54.4%), from €1,238 to €565
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.
Cash bridge derived
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 | €95,207 | €112,857 | +€17,650 | +18.5% |
| Fixed assets | 21/28 | €6,758 | €5,034 | -€1,724 | -25.5% |
| Intangible fixed assets | 21 | - | €1,428 | +€1,428 | |
| Tangible fixed assets | 22/27 | €6,758 | €3,606 | -€3,153 | -46.6% |
| Plant, machinery and equipment | 23 | €392 | €176 | -€216 | -55.2% |
| Furniture and vehicles | 24 | €4,864 | €2,728 | -€2,136 | -43.9% |
| Other tangible fixed assets | 26 | €1,503 | €702 | -€801 | -53.3% |
| Current assets | 29/58 | €88,448 | €107,822 | +€19,374 | +21.9% |
| Amounts receivable within one year | 40/41 | €18,610 | €15,636 | -€2,974 | -16.0% |
| Trade receivables | 40 | €17,542 | €13,989 | -€3,553 | -20.3% |
| Other amounts receivable | 41 | €1,068 | €1,647 | +€579 | +54.2% |
| Cash at bank and in hand | 54/58 | €63,312 | €88,293 | +€24,981 | +39.5% |
| Deferred charges and accrued income | 490/1 | €6,527 | €3,894 | -€2,633 | -40.3% |
| Total equity and liabilities | 10/49 | €95,207 | €112,857 | +€17,650 | +18.5% |
| Equity | 10/15 | €79,801 | €92,101 | +€12,300 | +15.4% |
| Reserves | 13 | €79,801 | €92,101 | +€12,300 | +15.4% |
| Distributable reserves | 133 | €79,801 | €92,101 | +€12,300 | +15.4% |
| Amounts payable | 17/49 | €15,405 | €20,756 | +€5,350 | +34.7% |
| Amounts payable within one year | 42/48 | €15,374 | €20,724 | +€5,350 | +34.8% |
| Trade debts | 44 | €461 | - | -€461 | |
| Suppliers | 440/4 | €461 | - | -€461 | |
| Taxes, remuneration and social security | 45 | €14,913 | €8,003 | -€6,910 | -46.3% |
| Taxes | 450/3 | €14,913 | €8,003 | -€6,910 | -46.3% |
| Other amounts payable | 47/48 | - | €12,721 | +€12,721 | |
| Accrued charges and deferred income | 492/3 | €31 | €32 | +€1 | +2.0% |
| Non-recurring operating income | 76A | - | €2,066 | +€2,066 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,901 | €8,360 | +€5,459 | +188.2% |
| Other operating charges | 640/8 | €753 | €531 | -€223 | -29.6% |
| Gross operating margin | 9900 | €25,925 | €48,205 | +€22,280 | +85.9% |
| Operating profit (loss) | 9901 | €22,271 | €39,315 | +€17,043 | +76.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,238 | €565 | -€673 | -54.4% |
| Recurring financial charges | 65 | €1,238 | €565 | -€673 | -54.4% |
| Profit (loss) for the period before taxes | 9903 | €21,034 | €38,750 | +€17,716 | +84.2% |
| Income taxes | 67/77 | €5,393 | €9,087 | +€3,694 | +68.5% |
| Profit (loss) for the period | 9904 | €15,641 | €29,663 | +€14,022 | +89.6% |
| Profit (loss) for the period to be appropriated | 9905 | €15,641 | €29,663 | +€14,022 | +89.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.