FF ENGINEERING SERVICES: 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.
FF ENGINEERING SERVICES
Largest movements
- Receivables within one year -€22,718
down €22,718 (-53.5%), from €42,459 to €19,741
of which Trade receivables: -€24,345
- Tangible fixed assets -€18,549
down €18,549 (-21.6%), from €86,041 to €67,492
of which Furniture and vehicles: -€17,339
- Cash +€15,092
up €15,092 (+1271.6%), from €1,187 to €16,278
mainly Receivables within one year (+€22,718) and Depreciation (+€17,963)
- Debts after one year -€16,545
down €16,545 (-24.8%), from €66,655 to €50,111
- Other debts -€7,704
down €7,704 (-62.0%), from €12,417 to €4,713
- Trade debts -€4,107
down €4,107 (-76.9%), from €5,340 to €1,233
- Gross operating margin -€63,272
down €63,272 (-73.5%), from €86,110 to €22,838
- Other operating charges -€55,720
down €55,720 (-97.8%), from €56,946 to €1,226
- Depreciation +€13,809
up €13,809 (+332.5%), from €4,154 to €17,963
- Taxes -€5,552
down €5,552 (-70.1%), from €7,925 to €2,373
- Financial charges -€1,857
down €1,857 (-40.1%), from €4,630 to €2,774
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 | €145,250 | €118,511 | -€26,738 | -18.4% |
| Fixed assets | 21/28 | €86,041 | €67,492 | -€18,549 | -21.6% |
| Tangible fixed assets | 22/27 | €86,041 | €67,492 | -€18,549 | -21.6% |
| Plant, machinery and equipment | 23 | €3,094 | €2,470 | -€624 | -20.2% |
| Furniture and vehicles | 24 | €82,361 | €65,022 | -€17,339 | -21.1% |
| Other tangible fixed assets | 26 | €586 | - | -€586 | |
| Current assets | 29/58 | €59,208 | €51,019 | -€8,189 | -13.8% |
| Amounts receivable after more than one year | 29 | €15,000 | €15,000 | = | 0.0% |
| Other amounts receivable | 291 | €15,000 | €15,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €42,459 | €19,741 | -€22,718 | -53.5% |
| Trade receivables | 40 | €42,459 | €18,114 | -€24,345 | -57.3% |
| Other amounts receivable | 41 | - | €1,627 | +€1,627 | |
| Cash at bank and in hand | 54/58 | €1,187 | €16,278 | +€15,092 | +1271.6% |
| Deferred charges and accrued income | 490/1 | €562 | - | -€562 | |
| Total equity and liabilities | 10/49 | €145,250 | €118,511 | -€26,738 | -18.4% |
| Equity | 10/15 | €25,580 | €25,512 | -€68 | -0.3% |
| Contributions | 10/11 | €300 | €300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,280 | €25,212 | -€68 | -0.3% |
| Amounts payable | 17/49 | €119,669 | €92,999 | -€26,670 | -22.3% |
| Amounts payable after more than one year | 17 | €66,655 | €50,111 | -€16,545 | -24.8% |
| Financial debts | 170/4 | €66,655 | €50,111 | -€16,545 | -24.8% |
| Amounts payable within one year | 42/48 | €53,014 | €42,786 | -€10,229 | -19.3% |
| Current portion of amounts payable after more than one year | 42 | €15,982 | €16,545 | +€563 | +3.5% |
| Trade debts | 44 | €5,340 | €1,233 | -€4,107 | -76.9% |
| Suppliers | 440/4 | €5,340 | €1,233 | -€4,107 | -76.9% |
| Taxes, remuneration and social security | 45 | €19,276 | €20,295 | +€1,019 | +5.3% |
| Taxes | 450/3 | €17,625 | €19,663 | +€2,038 | +11.6% |
| Remuneration and social security | 454/9 | €1,650 | €632 | -€1,019 | -61.7% |
| Other amounts payable | 47/48 | €12,417 | €4,713 | -€7,704 | -62.0% |
| Accrued charges and deferred income | 492/3 | - | €103 | +€103 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,154 | €17,963 | +€13,809 | +332.5% |
| Other operating charges | 640/8 | €56,946 | €1,226 | -€55,720 | -97.8% |
| Gross operating margin | 9900 | €86,110 | €22,838 | -€63,272 | -73.5% |
| Operating profit (loss) | 9901 | €25,010 | €3,648 | -€21,362 | -85.4% |
| Financial income | 75/76B | €562 | €1,430 | +€868 | +154.3% |
| Recurring financial income | 75 | €562 | €1,430 | +€868 | +154.3% |
| Financial charges | 65/66B | €4,630 | €2,774 | -€1,857 | -40.1% |
| Recurring financial charges | 65 | €4,630 | €2,774 | -€1,857 | -40.1% |
| Profit (loss) for the period before taxes | 9903 | €20,942 | €2,305 | -€18,637 | -89.0% |
| Income taxes | 67/77 | €7,925 | €2,373 | -€5,552 | -70.1% |
| Profit (loss) for the period | 9904 | €13,018 | -€68 | -€13,086 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,018 | -€68 | -€13,086 |
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 12 October 2026 via checked.be.