FDJ INVEST: 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.
FDJ INVEST
Largest movements
- Cash +€470,721
up €470,721 (+331%), from €142,161 to €612,882
mainly Current investments (+€300,000) and Net result for the year (+€168,680)
- Current investments -€300,000
down €300,000 (-50.0%), from €600,000 to €300,000
- Reserves +€163,000
up €163,000 (+22.3%), from €730,000 to €893,000
- Gross operating margin +€23,378
up €23,378 (+10.4%), from €223,727 to €247,105
- Taxes +€6,237
up €6,237 (+8.3%), from €75,127 to €81,364
- Depreciation +€2,978
up €2,978 (+55.9%), from €5,324 to €8,302
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 | €767,243 | €928,148 | +€160,905 | +21.0% |
| Fixed assets | 21/28 | €15,781 | €8,557 | -€7,224 | -45.8% |
| Tangible fixed assets | 22/27 | €15,781 | €8,557 | -€7,224 | -45.8% |
| Furniture and vehicles | 24 | €12,847 | €5,754 | -€7,094 | -55.2% |
| Other tangible fixed assets | 26 | €2,934 | €2,804 | -€130 | -4.4% |
| Current assets | 29/58 | €751,462 | €919,591 | +€168,129 | +22.4% |
| Amounts receivable within one year | 40/41 | €1,842 | €0 | -€1,842 | -100% |
| Other amounts receivable | 41 | €1,842 | - | -€1,842 | |
| Current investments | 50/53 | €600,000 | €300,000 | -€300,000 | -50.0% |
| Cash at bank and in hand | 54/58 | €142,161 | €612,882 | +€470,721 | +331% |
| Deferred charges and accrued income | 490/1 | €7,459 | €6,709 | -€750 | -10.1% |
| Total equity and liabilities | 10/49 | €767,243 | €928,148 | +€160,905 | +21.0% |
| Equity | 10/15 | €738,985 | €902,664 | +€163,680 | +22.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €730,000 | €893,000 | +€163,000 | +22.3% |
| Distributable reserves | 133 | €730,000 | €893,000 | +€163,000 | +22.3% |
| Profit (loss) carried forward | 14 | €3,985 | €4,664 | +€680 | +17.1% |
| Amounts payable | 17/49 | €28,259 | €25,484 | -€2,775 | -9.8% |
| Amounts payable within one year | 42/48 | €28,259 | €25,484 | -€2,775 | -9.8% |
| Trade debts | 44 | €2,323 | €1,242 | -€1,081 | -46.5% |
| Suppliers | 440/4 | €2,323 | €1,242 | -€1,081 | -46.5% |
| Taxes, remuneration and social security | 45 | €20,936 | €18,463 | -€2,473 | -11.8% |
| Taxes | 450/3 | €20,936 | €18,463 | -€2,473 | -11.8% |
| Other amounts payable | 47/48 | €5,000 | €5,779 | +€779 | +15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,324 | €8,302 | +€2,978 | +55.9% |
| Other operating charges | 640/8 | €1,717 | €1,587 | -€130 | -7.6% |
| Gross operating margin | 9900 | €223,727 | €247,105 | +€23,378 | +10.4% |
| Operating profit (loss) | 9901 | €216,686 | €237,216 | +€20,530 | +9.5% |
| Financial income | 75/76B | €14,738 | €13,313 | -€1,425 | -9.7% |
| Recurring financial income | 75 | €14,738 | €13,313 | -€1,425 | -9.7% |
| Financial charges | 65/66B | €308 | €485 | +€177 | +57.5% |
| Recurring financial charges | 65 | €308 | €485 | +€177 | +57.5% |
| Profit (loss) for the period before taxes | 9903 | €231,116 | €250,044 | +€18,928 | +8.2% |
| Income taxes | 67/77 | €75,127 | €81,364 | +€6,237 | +8.3% |
| Profit (loss) for the period | 9904 | €155,989 | €168,680 | +€12,691 | +8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €155,989 | €168,680 | +€12,691 | +8.1% |
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 30 October 2026 via checked.be.