FFGP Holding: 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.
FFGP Holding
Largest movements
- Financial fixed assets +€940,447
up €940,447 (+41.0%), from €2.3m to €3.2m
- Receivables within one year +€206,644
up €206,644 (+63.6%), from €324,668 to €531,312
of which Other amounts receivable: +€145,934
- Current investments -€92,000
down €92,000 (-28.6%), from €322,000 to €230,000
- Cash +€73,012
up €73,012 (+68.9%), from €106,020 to €179,033
mainly Debts after one year (+€1.2m) and Current investments (+€92,000)
- Debts after one year +€1.2m
up €1.2m (+40.1%), from €2.9m to €4.1m
- Profit (loss) carried forward -€48,896
down €48,896 (-335.3%), from -€14,585 to -€63,481
- Financial charges +€100,366
up €100,366 (+191.0%), from €52,545 to €152,912
of which Non-recurring financial charges: +€152,473
- Gross operating margin +€85,021
up €85,021 (+227.6%), from €37,352 to €122,374
- Taxes +€22,470
up €22,470 (+193.8%), from €11,594 to €34,064
- Financial income +€9,531
up €9,531 (+131.1%), from €7,272 to €16,804
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 | €3,059,847 | €4,211,961 | +€1.2m | +37.7% |
| Fixed assets | 21/28 | €2,296,095 | €3,236,447 | +€940,352 | +41.0% |
| Tangible fixed assets | 22/27 | €95 | - | -€95 | |
| Furniture and vehicles | 24 | €95 | - | -€95 | |
| Financial fixed assets | 28 | €2,296,000 | €3,236,447 | +€940,447 | +41.0% |
| Current assets | 29/58 | €763,752 | €975,513 | +€211,762 | +27.7% |
| Amounts receivable within one year | 40/41 | €324,668 | €531,312 | +€206,644 | +63.6% |
| Trade receivables | 40 | - | €60,710 | +€60,710 | |
| Other amounts receivable | 41 | €324,668 | €470,602 | +€145,934 | +44.9% |
| Current investments | 50/53 | €322,000 | €230,000 | -€92,000 | -28.6% |
| Cash at bank and in hand | 54/58 | €106,020 | €179,033 | +€73,012 | +68.9% |
| Deferred charges and accrued income | 490/1 | €11,063 | €35,169 | +€24,105 | +217.9% |
| Total equity and liabilities | 10/49 | €3,059,847 | €4,211,961 | +€1.2m | +37.7% |
| Equity | 10/15 | €135,415 | €86,519 | -€48,896 | -36.1% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,585 | -€63,481 | -€48,896 | -335.3% |
| Amounts payable | 17/49 | €2,924,432 | €4,125,442 | +€1.2m | +41.1% |
| Amounts payable after more than one year | 17 | €2,915,200 | €4,085,200 | +€1.2m | +40.1% |
| Financial debts | 170/4 | €2,915,200 | €4,085,200 | +€1.2m | +40.1% |
| Amounts payable within one year | 42/48 | €9,232 | €40,242 | +€31,010 | +335.9% |
| Trade debts | 44 | €2,626 | €30,803 | +€28,178 | +1073.2% |
| Suppliers | 440/4 | €2,626 | €30,803 | +€28,178 | +1073.2% |
| Taxes, remuneration and social security | 45 | - | €9,439 | +€9,439 | |
| Taxes | 450/3 | - | €9,439 | +€9,439 | |
| Other amounts payable | 47/48 | €6,607 | - | -€6,607 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €522 | €95 | -€427 | -81.7% |
| Other operating charges | 640/8 | €399 | €1,003 | +€603 | +151.1% |
| Gross operating margin | 9900 | €37,352 | €122,374 | +€85,021 | +227.6% |
| Operating profit (loss) | 9901 | €36,430 | €121,275 | +€84,845 | +232.9% |
| Financial income | 75/76B | €7,272 | €16,804 | +€9,531 | +131.1% |
| Recurring financial income | 75 | €7,272 | €16,804 | +€9,531 | +131.1% |
| Financial charges | 65/66B | €52,545 | €152,912 | +€100,366 | +191.0% |
| Recurring financial charges | 65 | €52,545 | €439 | -€52,107 | -99.2% |
| Non-recurring financial charges | 66B | - | €152,473 | +€152,473 | |
| Profit (loss) for the period before taxes | 9903 | -€8,843 | -€14,833 | -€5,990 | -67.7% |
| Income taxes | 67/77 | €11,594 | €34,064 | +€22,470 | +193.8% |
| Profit (loss) for the period | 9904 | -€20,437 | -€48,896 | -€28,460 | -139.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,437 | -€48,896 | -€28,460 | -139.3% |
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 5 October 2026 via checked.be.