FG API: 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.
FG API
Largest movements
- Tangible fixed assets +€16,426
up €16,426 (+144.4%), from €11,376 to €27,802
of which Furniture and vehicles: +€21,437
- Cash -€15,471
down €15,471 (-47.6%), from €32,502 to €17,032
mainly Investment in fixed assets (net) (-€26,127) and Current investments (-€10,022)
- Current investments +€10,022
new in 2025: €10,022
- Receivables within one year +€6,803
up €6,803 (+273.3%), from €2,489 to €9,292
of which Trade receivables: +€4,662
- Debts after one year +€10,303
new in 2025: €10,303
- Current portion of long-term debt +€2,853
new in 2025: €2,853
- Other debts +€2,134
up €2,134 (+6.6%), from €32,493 to €34,627
- Profit (loss) carried forward +€1,613
up €1,613 (+14.1%), from €11,405 to €13,018
- Trade debts +€877
up €877 (+186.7%), from €470 to €1,347
- Gross operating margin +€13,415
up €13,415 (+10702.3%), from €125 to €13,541
- Other operating charges +€1,292
up €1,292 (+626.5%), from €206 to €1,498
- Financial charges +€558
up €558 (+267.2%), from €209 to €767
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 | €46,367 | €64,147 | +€17,780 | +38.3% |
| Fixed assets | 21/28 | €11,376 | €27,802 | +€16,426 | +144.4% |
| Tangible fixed assets | 22/27 | €11,376 | €27,802 | +€16,426 | +144.4% |
| Plant, machinery and equipment | 23 | €8,855 | €3,844 | -€5,011 | -56.6% |
| Furniture and vehicles | 24 | €2,521 | €23,958 | +€21,437 | +850.4% |
| Current assets | 29/58 | €34,991 | €36,345 | +€1,354 | +3.9% |
| Amounts receivable within one year | 40/41 | €2,489 | €9,292 | +€6,803 | +273.3% |
| Trade receivables | 40 | €1,004 | €5,666 | +€4,662 | +464.4% |
| Other amounts receivable | 41 | €1,485 | €3,625 | +€2,141 | +144.2% |
| Current investments | 50/53 | - | €10,022 | +€10,022 | |
| Cash at bank and in hand | 54/58 | €32,502 | €17,032 | -€15,471 | -47.6% |
| Total equity and liabilities | 10/49 | €46,367 | €64,147 | +€17,780 | +38.3% |
| Equity | 10/15 | €13,405 | €15,018 | +€1,613 | +12.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,405 | €13,018 | +€1,613 | +14.1% |
| Amounts payable | 17/49 | €32,963 | €49,130 | +€16,167 | +49.0% |
| Amounts payable after more than one year | 17 | - | €10,303 | +€10,303 | |
| Financial debts | 170/4 | - | €10,303 | +€10,303 | |
| Amounts payable within one year | 42/48 | €32,963 | €38,827 | +€5,864 | +17.8% |
| Current portion of amounts payable after more than one year | 42 | - | €2,853 | +€2,853 | |
| Trade debts | 44 | €470 | €1,347 | +€877 | +186.7% |
| Suppliers | 440/4 | €470 | €1,347 | +€877 | +186.7% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €32,493 | €34,627 | +€2,134 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,615 | €9,701 | +€86 | +0.9% |
| Other operating charges | 640/8 | €206 | €1,498 | +€1,292 | +626.5% |
| Gross operating margin | 9900 | €125 | €13,541 | +€13,415 | +10702.3% |
| Operating profit (loss) | 9901 | -€9,696 | €2,341 | +€12,037 | |
| Financial income | 75/76B | - | €39 | +€39 | |
| Recurring financial income | 75 | - | €39 | +€39 | |
| Financial charges | 65/66B | €209 | €767 | +€558 | +267.2% |
| Recurring financial charges | 65 | €209 | €767 | +€558 | +267.2% |
| Profit (loss) for the period before taxes | 9903 | -€9,905 | €1,613 | +€11,518 | |
| Profit (loss) for the period | 9904 | -€9,905 | €1,613 | +€11,518 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,905 | €1,613 | +€11,518 |
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 29 September 2026 via checked.be.