FDTech: 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.
FDTech
Largest movements
- Cash +€426,629
up €426,629 (+349.5%), from €122,067 to €548,697
mainly Net result for the year (+€396,027) and Tax, wage and social debts (+€32,524)
- Financial fixed assets -€25,000
no longer reported in 2025 (was €25,000)
- Current investments +€13,235
up €13,235 (+18.4%), from €72,124 to €85,359
- Reserves +€363,612
up €363,612 (+169.3%), from €214,726 to €578,337
of which Distributable reserves: +€363,612
- Tax, wage and social debts +€32,524
up €32,524 (+212.7%), from €15,293 to €47,818
of which Taxes: +€32,506
- Other debts +€17,378
up €17,378 (+52.6%), from €33,059 to €50,437
- Financial income +€381,298
up €381,298 (+7712.6%), from €4,944 to €386,241
of which Non-recurring financial income: +€374,996
- Taxes +€45,448
up €45,448 (+222.2%), from €20,454 to €65,902
- Gross operating margin +€4,423
up €4,423 (+5.2%), from €84,409 to €88,832
- Depreciation -€2,017
down €2,017 (-15.5%), from €12,973 to €10,956
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 | €273,669 | €686,201 | +€412,532 | +150.7% |
| Fixed assets | 21/28 | €51,592 | €21,826 | -€29,766 | -57.7% |
| Tangible fixed assets | 22/27 | €26,592 | €21,826 | -€4,766 | -17.9% |
| Plant, machinery and equipment | 23 | €4,734 | €8,111 | +€3,377 | +71.4% |
| Furniture and vehicles | 24 | €19,107 | €11,686 | -€7,421 | -38.8% |
| Other tangible fixed assets | 26 | €2,751 | €2,029 | -€722 | -26.3% |
| Financial fixed assets | 28 | €25,000 | - | -€25,000 | |
| Current assets | 29/58 | €222,078 | €664,375 | +€442,298 | +199.2% |
| Amounts receivable within one year | 40/41 | €26,401 | €28,746 | +€2,345 | +8.9% |
| Trade receivables | 40 | €17,748 | €26,247 | +€8,499 | +47.9% |
| Other amounts receivable | 41 | €8,652 | €2,499 | -€6,154 | -71.1% |
| Current investments | 50/53 | €72,124 | €85,359 | +€13,235 | +18.4% |
| Cash at bank and in hand | 54/58 | €122,067 | €548,697 | +€426,629 | +349.5% |
| Deferred charges and accrued income | 490/1 | €1,486 | €1,574 | +€88 | +5.9% |
| Total equity and liabilities | 10/49 | €273,669 | €686,201 | +€412,532 | +150.7% |
| Equity | 10/15 | €220,926 | €584,537 | +€363,612 | +164.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €214,726 | €578,337 | +€363,612 | +169.3% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Tax-exempt reserves | 132 | €486 | €486 | = | 0.0% |
| Distributable reserves | 133 | €212,384 | €575,996 | +€363,612 | +171.2% |
| Amounts payable | 17/49 | €52,744 | €101,664 | +€48,920 | +92.8% |
| Amounts payable within one year | 42/48 | €52,629 | €101,322 | +€48,693 | +92.5% |
| Trade debts | 44 | €4,276 | €3,067 | -€1,209 | -28.3% |
| Suppliers | 440/4 | €4,276 | €3,067 | -€1,209 | -28.3% |
| Taxes, remuneration and social security | 45 | €15,293 | €47,818 | +€32,524 | +212.7% |
| Taxes | 450/3 | €12,516 | €45,023 | +€32,506 | +259.7% |
| Remuneration and social security | 454/9 | €2,777 | €2,795 | +€18 | +0.7% |
| Other amounts payable | 47/48 | €33,059 | €50,437 | +€17,378 | +52.6% |
| Accrued charges and deferred income | 492/3 | €115 | €342 | +€227 | +197.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,973 | €10,956 | -€2,017 | -15.5% |
| Other operating charges | 640/8 | €1,051 | €1,001 | -€50 | -4.7% |
| Non-recurring operating charges | 66A | €409 | €1,092 | +€683 | +167.0% |
| Gross operating margin | 9900 | €84,409 | €88,832 | +€4,423 | +5.2% |
| Operating profit (loss) | 9901 | €69,976 | €75,783 | +€5,806 | +8.3% |
| Financial income | 75/76B | €4,944 | €386,241 | +€381,298 | +7712.6% |
| Recurring financial income | 75 | €4,944 | €11,246 | +€6,302 | +127.5% |
| Non-recurring financial income | 76B | - | €374,996 | +€374,996 | |
| Financial charges | 65/66B | €78 | €95 | +€17 | +21.9% |
| Recurring financial charges | 65 | €78 | €95 | +€17 | +21.9% |
| Profit (loss) for the period before taxes | 9903 | €74,842 | €461,929 | +€387,087 | +517.2% |
| Income taxes | 67/77 | €20,454 | €65,902 | +€45,448 | +222.2% |
| Profit (loss) for the period | 9904 | €54,388 | €396,027 | +€341,638 | +628.1% |
| Profit (loss) for the period to be appropriated | 9905 | €54,388 | €396,027 | +€341,638 | +628.1% |
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 8 October 2026 via checked.be.