FG HOME: 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.
FG HOME
Largest movements
- Stocks and contracts +€691,407
new in 2025: €691,407
- Receivables within one year -€500,091
down €500,091 (-74.0%), from €675,855 to €175,764
of which Other amounts receivable: -€307,205
- Receivables after one year +€162,458
new in 2025: €162,458
- Cash +€161,645
up €161,645 (+865%), from €18,686 to €180,331
mainly Trade debts (+€594,453) and Receivables within one year (+€500,091)
- Trade debts +€594,453
up €594,453 (+606%), from €98,083 to €692,536
- Current portion of long-term debt -€122,097
down €122,097 (-100%), from €122,097 to €0
- Other debts +€44,505
up €44,505 (+55.4%), from €80,378 to €124,882
- Financial charges -€21,378
down €21,378 (-77.8%), from €27,478 to €6,100
- Gross operating margin -€21,123
down €21,123 (-72.8%), from €29,034 to €7,910
- Financial income -€3,721
down €3,721 (-36.1%), from €10,304 to €6,583
- Other operating charges -€1,516
down €1,516 (-40.1%), from €3,784 to €2,267
- Taxes -€474
down €474 (-61.2%), from €774 to €300
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.
Derived cash bridge
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 | €896,362 | €1,407,520 | +€511,158 | +57.0% |
| Fixed assets | 21/28 | €195,042 | €190,041 | -€5,001 | -2.6% |
| Tangible fixed assets | 22/27 | €195,042 | €190,041 | -€5,001 | -2.6% |
| Land and buildings | 22 | €195,042 | €190,041 | -€5,001 | -2.6% |
| Current assets | 29/58 | €701,320 | €1,217,479 | +€516,159 | +73.6% |
| Amounts receivable after more than one year | 29 | - | €162,458 | +€162,458 | |
| Other amounts receivable | 291 | - | €162,458 | +€162,458 | |
| Stocks and contracts in progress | 3 | - | €691,407 | +€691,407 | |
| Stocks | 30/36 | - | €691,407 | +€691,407 | |
| Amounts receivable within one year | 40/41 | €675,855 | €175,764 | -€500,091 | -74.0% |
| Trade receivables | 40 | €196,224 | €3,338 | -€192,886 | -98.3% |
| Other amounts receivable | 41 | €479,631 | €172,426 | -€307,205 | -64.1% |
| Cash at bank and in hand | 54/58 | €18,686 | €180,331 | +€161,645 | +865% |
| Deferred charges and accrued income | 490/1 | €6,779 | €7,518 | +€739 | +10.9% |
| Total equity and liabilities | 10/49 | €896,362 | €1,407,520 | +€511,158 | +57.0% |
| Equity | 10/15 | €588,203 | €589,027 | +€824 | +0.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €538,203 | €539,027 | +€824 | +0.2% |
| Amounts payable | 17/49 | €308,159 | €818,493 | +€510,333 | +166% |
| Amounts payable within one year | 42/48 | €307,602 | €818,493 | +€510,890 | +166% |
| Current portion of amounts payable after more than one year | 42 | €122,097 | €0 | -€122,097 | -100% |
| Trade debts | 44 | €98,083 | €692,536 | +€594,453 | +606% |
| Suppliers | 440/4 | €98,083 | €692,536 | +€594,453 | +606% |
| Taxes, remuneration and social security | 45 | €7,045 | €1,075 | -€5,971 | -84.7% |
| Taxes | 450/3 | €7,045 | €1,075 | -€5,971 | -84.7% |
| Other amounts payable | 47/48 | €80,378 | €124,882 | +€44,505 | +55.4% |
| Accrued charges and deferred income | 492/3 | €557 | €0 | -€557 | -100% |
| Non-recurring operating income | 76A | €40 | €0 | -€40 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,001 | €5,001 | = | 0.0% |
| Other operating charges | 640/8 | €3,784 | €2,267 | -€1,516 | -40.1% |
| Non-recurring operating charges | 66A | €6 | €0 | -€6 | -100% |
| Gross operating margin | 9900 | €29,034 | €7,910 | -€21,123 | -72.8% |
| Operating profit (loss) | 9901 | €20,243 | €642 | -€19,601 | -96.8% |
| Financial income | 75/76B | €10,304 | €6,583 | -€3,721 | -36.1% |
| Recurring financial income | 75 | €10,304 | €6,583 | -€3,721 | -36.1% |
| Financial charges | 65/66B | €27,478 | €6,100 | -€21,378 | -77.8% |
| Recurring financial charges | 65 | €27,478 | €6,100 | -€21,378 | -77.8% |
| Profit (loss) for the period before taxes | 9903 | €3,069 | €1,125 | -€1,945 | -63.4% |
| Income taxes | 67/77 | €774 | €300 | -€474 | -61.2% |
| Profit (loss) for the period | 9904 | €2,295 | €824 | -€1,470 | -64.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,295 | €824 | -€1,470 | -64.1% |
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 16 October 2026 via checked.be.