FDV 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.
FDV RENOVATION
Largest movements
- Deferred charges and accrued income -€26,005
down €26,005 (-96.0%), from €27,095 to €1,090
- Receivables within one year -€7,461
down €7,461 (-10.8%), from €68,859 to €61,397
of which Trade receivables: -€6,685
- Cash -€6,258
down €6,258 (-28.6%), from €21,900 to €15,642
mainly Trade debts (-€59,173) and Contributions, distributions and other (-€7,000)
- Stocks and contracts -€4,404
no longer reported in 2025 (was €4,404)
- Trade debts -€59,173
down €59,173 (-75.9%), from €77,994 to €18,820
- Tax, wage and social debts +€12,654
up €12,654 (+231%), from €5,476 to €18,129
of which Remuneration and social security: +€13,260
- Short-term financial debts +€2,868
new in 2025: €2,868
- Profit (loss) carried forward -€1,817
down €1,817 (-5.4%), from €33,455 to €31,638
- Gross operating margin -€6,991
down €6,991 (-11.3%), from €61,607 to €54,615
- Other operating charges -€1,669
down €1,669 (-35.1%), from €4,760 to €3,092
- Taxes -€1,526
down €1,526 (-43.1%), from €3,545 to €2,019
- Staff costs +€1,451
up €1,451 (+3.7%), from €39,577 to €41,028
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 | €123,524 | €78,905 | -€44,618 | -36.1% |
| Fixed assets | 21/28 | €1,266 | €776 | -€490 | -38.7% |
| Tangible fixed assets | 22/27 | €1,266 | €776 | -€490 | -38.7% |
| Plant, machinery and equipment | 23 | €1,266 | €776 | -€490 | -38.7% |
| Current assets | 29/58 | €122,258 | €78,130 | -€44,129 | -36.1% |
| Stocks and contracts in progress | 3 | €4,404 | - | -€4,404 | |
| Stocks | 30/36 | €4,404 | - | -€4,404 | |
| Amounts receivable within one year | 40/41 | €68,859 | €61,397 | -€7,461 | -10.8% |
| Trade receivables | 40 | €57,049 | €50,364 | -€6,685 | -11.7% |
| Other amounts receivable | 41 | €11,810 | €11,034 | -€776 | -6.6% |
| Cash at bank and in hand | 54/58 | €21,900 | €15,642 | -€6,258 | -28.6% |
| Deferred charges and accrued income | 490/1 | €27,095 | €1,090 | -€26,005 | -96.0% |
| Total equity and liabilities | 10/49 | €123,524 | €78,905 | -€44,618 | -36.1% |
| Equity | 10/15 | €33,455 | €31,638 | -€1,817 | -5.4% |
| Profit (loss) carried forward | 14 | €33,455 | €31,638 | -€1,817 | -5.4% |
| Amounts payable | 17/49 | €90,069 | €47,268 | -€42,802 | -47.5% |
| Amounts payable within one year | 42/48 | €90,069 | €47,268 | -€42,802 | -47.5% |
| Financial debts | 43 | - | €2,868 | +€2,868 | |
| Credit institutions | 430/8 | - | €2,868 | +€2,868 | |
| Trade debts | 44 | €77,994 | €18,820 | -€59,173 | -75.9% |
| Suppliers | 440/4 | €77,994 | €18,820 | -€59,173 | -75.9% |
| Taxes, remuneration and social security | 45 | €5,476 | €18,129 | +€12,654 | +231% |
| Taxes | 450/3 | €5,476 | €4,869 | -€607 | -11.1% |
| Remuneration and social security | 454/9 | - | €13,260 | +€13,260 | |
| Other amounts payable | 47/48 | €6,600 | €7,450 | +€850 | +12.9% |
| Remuneration, social security and pensions | 62 | €39,577 | €41,028 | +€1,451 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €204 | €490 | +€286 | +140% |
| Other operating charges | 640/8 | €4,760 | €3,092 | -€1,669 | -35.1% |
| Gross operating margin | 9900 | €61,607 | €54,615 | -€6,991 | -11.3% |
| Operating profit (loss) | 9901 | €17,065 | €10,006 | -€7,059 | -41.4% |
| Financial income | 75/76B | - | €68 | +€68 | |
| Recurring financial income | 75 | - | €68 | +€68 | |
| Financial charges | 65/66B | €2,933 | €2,872 | -€61 | -2.1% |
| Recurring financial charges | 65 | €2,933 | €2,872 | -€61 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | €14,132 | €7,202 | -€6,930 | -49.0% |
| Income taxes | 67/77 | €3,545 | €2,019 | -€1,526 | -43.1% |
| Profit (loss) for the period | 9904 | €10,587 | €5,183 | -€5,404 | -51.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,587 | €5,183 | -€5,404 | -51.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.