FFFPL: 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.
FFFPL
Largest movements
- Intangible fixed assets -€10,217
down €10,217 (-33.3%), from €30,650 to €20,433
- Tangible fixed assets -€7,961
down €7,961 (-20.8%), from €38,240 to €30,279
- Cash +€2,427
up €2,427 (+16.8%), from €14,467 to €16,894
mainly Depreciation (+€18,785) and Net result for the year (+€18,210)
- Deferred charges and accrued income +€2,098
up €2,098 (+21.4%), from €9,817 to €11,915
- Receivables within one year +€1,559
new in 2025: €1,559
- Other debts -€19,834
down €19,834 (-91.1%), from €21,779 to €1,945
- Reserves +€17,377
up €17,377 (+60.4%), from €28,782 to €46,160
- Debts after one year -€7,827
down €7,827 (-25.9%), from €30,193 to €22,366
- Tax, wage and social debts -€2,609
down €2,609 (-91.3%), from €2,859 to €250
- Depreciation +€7,041
up €7,041 (+60.0%), from €11,744 to €18,785
- Gross operating margin -€3,926
down €3,926 (-7.9%), from €49,763 to €45,838
- Taxes -€1,467
down €1,467 (-17.4%), from €8,409 to €6,941
- Financial charges +€973
up €973 (+1024.0%), from €95 to €1,068
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 | €93,174 | €81,080 | -€12,094 | -13.0% |
| Fixed assets | 21/28 | €68,890 | €50,713 | -€18,178 | -26.4% |
| Intangible fixed assets | 21 | €30,650 | €20,433 | -€10,217 | -33.3% |
| Tangible fixed assets | 22/27 | €38,240 | €30,279 | -€7,961 | -20.8% |
| Furniture and vehicles | 24 | €38,240 | €30,279 | -€7,961 | -20.8% |
| Current assets | 29/58 | €24,284 | €30,367 | +€6,083 | +25.1% |
| Amounts receivable within one year | 40/41 | - | €1,559 | +€1,559 | |
| Other amounts receivable | 41 | - | €1,559 | +€1,559 | |
| Cash at bank and in hand | 54/58 | €14,467 | €16,894 | +€2,427 | +16.8% |
| Deferred charges and accrued income | 490/1 | €9,817 | €11,915 | +€2,098 | +21.4% |
| Total equity and liabilities | 10/49 | €93,174 | €81,080 | -€12,094 | -13.0% |
| Equity | 10/15 | €31,782 | €49,160 | +€17,377 | +54.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €28,782 | €46,160 | +€17,377 | +60.4% |
| Distributable reserves | 133 | €28,782 | €46,160 | +€17,377 | +60.4% |
| Amounts payable | 17/49 | €61,392 | €31,920 | -€29,472 | -48.0% |
| Amounts payable after more than one year | 17 | €30,193 | €22,366 | -€7,827 | -25.9% |
| Financial debts | 170/4 | €30,193 | €22,366 | -€7,827 | -25.9% |
| Amounts payable within one year | 42/48 | €31,200 | €9,555 | -€21,645 | -69.4% |
| Current portion of amounts payable after more than one year | 42 | €6,429 | €7,234 | +€805 | +12.5% |
| Trade debts | 44 | €133 | €126 | -€7 | -5.1% |
| Suppliers | 440/4 | €133 | €126 | -€7 | -5.1% |
| Taxes, remuneration and social security | 45 | €2,859 | €250 | -€2,609 | -91.3% |
| Taxes | 450/3 | €2,859 | €250 | -€2,609 | -91.3% |
| Other amounts payable | 47/48 | €21,779 | €1,945 | -€19,834 | -91.1% |
| Non-recurring operating income | 76A | €1,000 | - | -€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,744 | €18,785 | +€7,041 | +60.0% |
| Other operating charges | 640/8 | €734 | €834 | +€99 | +13.5% |
| Gross operating margin | 9900 | €49,763 | €45,838 | -€3,926 | -7.9% |
| Operating profit (loss) | 9901 | €37,286 | €26,219 | -€11,066 | -29.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €95 | €1,068 | +€973 | +1024.0% |
| Recurring financial charges | 65 | €95 | €1,068 | +€973 | +1024.0% |
| Profit (loss) for the period before taxes | 9903 | €37,191 | €25,152 | -€12,039 | -32.4% |
| Income taxes | 67/77 | €8,409 | €6,941 | -€1,467 | -17.4% |
| Profit (loss) for the period | 9904 | €28,782 | €18,210 | -€10,572 | -36.7% |
| Profit (loss) for the period to be appropriated | 9905 | €28,782 | €18,210 | -€10,572 | -36.7% |
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 10 October 2026 via checked.be.