FFK: what changed
FFK
Largest movements
- Receivables within one year +€23,658
up €23,658 (+6,113%), from €387 to €24,045
- Cash -€20,549
down €20,549 (-77.1%), from €26,641 to €6,092
mainly Other debts (-€31,502) and Receivables within one year (-€23,658)
- Tangible fixed assets -€12,191
down €12,191 (-2.9%), from €416,641 to €404,450
of which Land and buildings: -€11,591
- Other debts -€31,502
down €31,502 (-40.4%), from €78,002 to €46,500
- Profit (loss) carried forward +€27,716
up €27,716 (+73.0%), from -€37,982 to -€10,266
- Trade debts -€4,720
no longer reported in 2025 (was €4,720)
- Gross operating margin +€10,435
up €10,435 (+32.9%), from €31,706 to €42,140
- Taxes +€658
new in 2025: €658
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €444,669 | €436,822 | -€7,847 | -1.8% |
| Fixed assets | 21/28 | €416,641 | €404,450 | -€12,191 | -2.9% |
| Tangible fixed assets | 22/27 | €416,641 | €404,450 | -€12,191 | -2.9% |
| Land and buildings | 22 | €414,200 | €402,609 | -€11,591 | -2.8% |
| Plant, machinery and equipment | 23 | €2,441 | €1,841 | -€600 | -24.6% |
| Current assets | 29/58 | €28,028 | €32,372 | +€4,344 | +15.5% |
| Amounts receivable within one year | 40/41 | €387 | €24,045 | +€23,658 | +6,113% |
| Other amounts receivable | 41 | €387 | €24,045 | +€23,658 | +6,113% |
| Cash at bank and in hand | 54/58 | €26,641 | €6,092 | -€20,549 | -77.1% |
| Deferred charges and accrued income | 490/1 | €1,000 | €2,235 | +€1,234 | +123% |
| Total equity and liabilities | 10/49 | €444,669 | €436,822 | -€7,847 | -1.8% |
| Equity | 10/15 | -€17,982 | €9,734 | +€27,716 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,982 | -€10,266 | +€27,716 | +73.0% |
| Amounts payable | 17/49 | €462,651 | €427,088 | -€35,563 | -7.7% |
| Amounts payable after more than one year | 17 | €379,929 | €379,929 | = | 0.0% |
| Financial debts | 170/4 | €379,929 | €379,929 | = | 0.0% |
| Amounts payable within one year | 42/48 | €82,721 | €47,158 | -€35,563 | -43.0% |
| Trade debts | 44 | €4,720 | - | -€4,720 | |
| Suppliers | 440/4 | €4,720 | - | -€4,720 | |
| Taxes, remuneration and social security | 45 | - | €658 | +€658 | |
| Taxes | 450/3 | - | €658 | +€658 | |
| Other amounts payable | 47/48 | €78,002 | €46,500 | -€31,502 | -40.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,150 | €12,191 | +€41 | +0.3% |
| Other operating charges | 640/8 | €1,100 | €1,437 | +€337 | +30.6% |
| Gross operating margin | 9900 | €31,706 | €42,140 | +€10,435 | +32.9% |
| Operating profit (loss) | 9901 | €18,456 | €28,512 | +€10,056 | +54.5% |
| Financial income | 75/76B | - | €211 | +€211 | |
| Recurring financial income | 75 | - | €211 | +€211 | |
| Financial charges | 65/66B | €315 | €349 | +€34 | +10.7% |
| Recurring financial charges | 65 | €315 | €349 | +€34 | +10.7% |
| Profit (loss) for the period before taxes | 9903 | €18,141 | €28,374 | +€10,233 | +56.4% |
| Income taxes | 67/77 | - | €658 | +€658 | |
| Profit (loss) for the period | 9904 | €18,141 | €27,716 | +€9,575 | +52.8% |
| Profit (loss) for the period to be appropriated | 9905 | €18,141 | €27,716 | +€9,575 | +52.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.