FF1: 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.
FF1
Largest movements
- Cash +€33,909
up €33,909 (+150.6%), from €22,513 to €56,422
mainly Depreciation (+€22,676) and Trade debts (+€17,497)
- Intangible fixed assets -€20,714
down €20,714 (-19.5%), from €105,964 to €85,250
- Receivables within one year +€6,086
up €6,086 (+169.6%), from €3,589 to €9,675
of which Other amounts receivable: +€6,086
- Tangible fixed assets -€1,961
down €1,961 (-36.2%), from €5,415 to €3,454
of which Other tangible fixed assets: -€1,639
- Trade debts +€17,497
up €17,497 (+317.0%), from €5,520 to €23,017
- Profit (loss) carried forward +€16,565
up €16,565 (+68.3%), from -€24,241 to -€7,676
- Other debts -€9,883
down €9,883 (-7.0%), from €142,093 to €132,210
- Tax, wage and social debts -€4,777
down €4,777 (-38.2%), from €12,496 to €7,719
of which Remuneration and social security: -€5,398
- Current portion of long-term debt -€2,083
down €2,083 (-100.0%), from €2,083 to €0
- Staff costs -€32,175
down €32,175 (-93.1%), from €34,569 to €2,394
- Financial charges -€8,068
down €8,068 (-63.2%), from €12,767 to €4,700
- Gross operating margin -€6,370
down €6,370 (-9.8%), from €64,668 to €58,298
- Depreciation +€1,493
up €1,493 (+7.0%), from €21,183 to €22,676
- Other operating charges -€1,398
down €1,398 (-11.3%), from €12,390 to €10,992
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 | €153,101 | €170,421 | +€17,319 | +11.3% |
| Fixed assets | 21/28 | €126,999 | €104,324 | -€22,676 | -17.9% |
| Intangible fixed assets | 21 | €105,964 | €85,250 | -€20,714 | -19.5% |
| Tangible fixed assets | 22/27 | €5,415 | €3,454 | -€1,961 | -36.2% |
| Furniture and vehicles | 24 | €916 | €593 | -€323 | -35.2% |
| Other tangible fixed assets | 26 | €4,500 | €2,861 | -€1,639 | -36.4% |
| Financial fixed assets | 28 | €15,620 | €15,620 | = | 0.0% |
| Current assets | 29/58 | €26,102 | €66,097 | +€39,995 | +153.2% |
| Amounts receivable within one year | 40/41 | €3,589 | €9,675 | +€6,086 | +169.6% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €3,589 | €9,675 | +€6,086 | +169.6% |
| Cash at bank and in hand | 54/58 | €22,513 | €56,422 | +€33,909 | +150.6% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €153,101 | €170,421 | +€17,319 | +11.3% |
| Equity | 10/15 | -€21,741 | -€5,176 | +€16,565 | +76.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,241 | -€7,676 | +€16,565 | +68.3% |
| Amounts payable | 17/49 | €174,843 | €175,597 | +€754 | +0.4% |
| Amounts payable within one year | 42/48 | €174,843 | €175,597 | +€754 | +0.4% |
| Current portion of amounts payable after more than one year | 42 | €2,083 | €0 | -€2,083 | -100.0% |
| Financial debts | 43 | €4,810 | €4,810 | = | 0.0% |
| Credit institutions | 430/8 | €4,810 | €4,810 | = | 0.0% |
| Trade debts | 44 | €5,520 | €23,017 | +€17,497 | +317.0% |
| Suppliers | 440/4 | €5,520 | €23,017 | +€17,497 | +317.0% |
| Advances received on contracts in progress | 46 | €7,841 | €7,841 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €12,496 | €7,719 | -€4,777 | -38.2% |
| Taxes | 450/3 | €4,018 | €4,639 | +€622 | +15.5% |
| Remuneration and social security | 454/9 | €8,478 | €3,080 | -€5,398 | -63.7% |
| Other amounts payable | 47/48 | €142,093 | €132,210 | -€9,883 | -7.0% |
| Remuneration, social security and pensions | 62 | €34,569 | €2,394 | -€32,175 | -93.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,183 | €22,676 | +€1,493 | +7.0% |
| Other operating charges | 640/8 | €12,390 | €10,992 | -€1,398 | -11.3% |
| Gross operating margin | 9900 | €64,668 | €58,298 | -€6,370 | -9.8% |
| Operating profit (loss) | 9901 | -€3,474 | €22,237 | +€25,710 | |
| Financial income | 75/76B | €35 | €126 | +€91 | +260.1% |
| Recurring financial income | 75 | €35 | €126 | +€91 | +260.1% |
| Financial charges | 65/66B | €12,767 | €4,700 | -€8,068 | -63.2% |
| Recurring financial charges | 65 | €12,767 | €4,700 | -€8,068 | -63.2% |
| Profit (loss) for the period before taxes | 9903 | -€16,206 | €17,663 | +€33,869 | |
| Income taxes | 67/77 | €305 | €1,098 | +€793 | +259.6% |
| Profit (loss) for the period | 9904 | -€16,511 | €16,565 | +€33,076 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,511 | €16,565 | +€33,076 |
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 2 October 2026 via checked.be.