FDL TECHNICS: 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.
FDL TECHNICS
Largest movements
- Receivables within one year +€371,836
up €371,836 (+193.9%), from €191,809 to €563,645
of which Trade receivables: +€368,752
- Cash +€36,497
up €36,497 (+229.4%), from €15,909 to €52,406
mainly Trade debts (+€278,294) and Net result for the year (+€169,598)
- Trade debts +€278,294
up €278,294 (+508.3%), from €54,752 to €333,046
- Reserves +€169,598
up €169,598 (+67.1%), from €252,692 to €422,290
- Debts after one year -€47,210
down €47,210 (-24.1%), from €196,249 to €149,039
- Tax, wage and social debts +€31,612
up €31,612 (+105.1%), from €30,077 to €61,688
- Gross operating margin +€199,933
up €199,933 (+184.7%), from €108,229 to €308,162
- Taxes +€47,074
up €47,074 (+606.0%), from €7,768 to €54,842
- Depreciation +€7,975
up €7,975 (+13.1%), from €61,046 to €69,021
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 | €602,542 | €1,017,119 | +€414,577 | +68.8% |
| Fixed assets | 21/28 | €382,323 | €382,044 | -€279 | -0.1% |
| Tangible fixed assets | 22/27 | €377,711 | €377,432 | -€279 | -0.1% |
| Land and buildings | 22 | €141,635 | €141,635 | = | 0.0% |
| Plant, machinery and equipment | 23 | €169,095 | €185,074 | +€15,979 | +9.4% |
| Furniture and vehicles | 24 | €66,981 | €50,724 | -€16,258 | -24.3% |
| Financial fixed assets | 28 | €4,612 | €4,612 | = | 0.0% |
| Current assets | 29/58 | €220,219 | €635,075 | +€414,856 | +188.4% |
| Stocks and contracts in progress | 3 | €12,500 | €12,500 | = | 0.0% |
| Stocks | 30/36 | €12,500 | €12,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €191,809 | €563,645 | +€371,836 | +193.9% |
| Trade receivables | 40 | €129,234 | €497,985 | +€368,752 | +285.3% |
| Other amounts receivable | 41 | €62,575 | €65,660 | +€3,084 | +4.9% |
| Cash at bank and in hand | 54/58 | €15,909 | €52,406 | +€36,497 | +229.4% |
| Deferred charges and accrued income | 490/1 | - | €6,523 | +€6,523 | |
| Total equity and liabilities | 10/49 | €602,542 | €1,017,119 | +€414,577 | +68.8% |
| Equity | 10/15 | €254,692 | €424,290 | +€169,598 | +66.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €252,692 | €422,290 | +€169,598 | +67.1% |
| Distributable reserves | 133 | €252,692 | €422,290 | +€169,598 | +67.1% |
| Amounts payable | 17/49 | €347,850 | €592,829 | +€244,980 | +70.4% |
| Amounts payable after more than one year | 17 | €196,249 | €149,039 | -€47,210 | -24.1% |
| Financial debts | 170/4 | €196,249 | €149,039 | -€47,210 | -24.1% |
| Amounts payable within one year | 42/48 | €151,600 | €443,790 | +€292,189 | +192.7% |
| Financial debts | 43 | €57,469 | €49,055 | -€8,415 | -14.6% |
| Credit institutions | 430/8 | €57,469 | €49,055 | -€8,415 | -14.6% |
| Trade debts | 44 | €54,752 | €333,046 | +€278,294 | +508.3% |
| Suppliers | 440/4 | €54,752 | €333,046 | +€278,294 | +508.3% |
| Taxes, remuneration and social security | 45 | €30,077 | €61,688 | +€31,612 | +105.1% |
| Taxes | 450/3 | €30,077 | €61,688 | +€31,612 | +105.1% |
| Other amounts payable | 47/48 | €9,302 | - | -€9,302 | |
| Non-recurring operating income | 76A | €14,985 | - | -€14,985 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,046 | €69,021 | +€7,975 | +13.1% |
| Other operating charges | 640/8 | €3,133 | €1,725 | -€1,408 | -44.9% |
| Non-recurring operating charges | 66A | €1,274 | - | -€1,274 | |
| Gross operating margin | 9900 | €108,229 | €308,162 | +€199,933 | +184.7% |
| Operating profit (loss) | 9901 | €42,776 | €237,416 | +€194,639 | +455.0% |
| Financial income | 75/76B | €81 | €53 | -€29 | -35.2% |
| Recurring financial income | 75 | €81 | €53 | -€29 | -35.2% |
| Financial charges | 65/66B | €10,912 | €13,029 | +€2,117 | +19.4% |
| Recurring financial charges | 65 | €10,912 | €13,029 | +€2,117 | +19.4% |
| Profit (loss) for the period before taxes | 9903 | €31,945 | €224,439 | +€192,494 | +602.6% |
| Income taxes | 67/77 | €7,768 | €54,842 | +€47,074 | +606.0% |
| Profit (loss) for the period | 9904 | €24,177 | €169,598 | +€145,420 | +601.5% |
| Profit (loss) for the period to be appropriated | 9905 | €24,177 | €169,598 | +€145,420 | +601.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.