FGA Event: 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.
FGA Event
Largest movements
- Tangible fixed assets +€21,038
up €21,038 (+444%), from €4,739 to €25,777
of which Furniture and vehicles: +€21,841
- Cash -€12,496
down €12,496 (-45.9%), from €27,199 to €14,703
mainly Investment in fixed assets (net) (-€26,900) and Net result for the year (-€13,954)
- Receivables within one year -€10,993
down €10,993 (-83.6%), from €13,143 to €2,150
- Stocks and contracts +€6,252
new in 2025: €6,252
- Profit (loss) carried forward -€13,954
down €13,954, from €10,342 to -€3,612
- Debts after one year +€6,040
new in 2025: €6,040
- Current portion of long-term debt +€4,966
new in 2025: €4,966
- Other debts +€4,624
up €4,624 (+16.5%), from €28,089 to €32,712
- Trade debts +€1,797
up €1,797 (+111%), from €1,624 to €3,421
- Gross operating margin -€19,866
down €19,866, from €14,553 to -€5,313
- Depreciation +€4,726
up €4,726 (+416%), from €1,136 to €5,862
- Taxes -€2,294
down €2,294 (-92.7%), from €2,474 to €180
- Other operating charges +€1,507
up €1,507 (+392%), from €384 to €1,891
- Financial charges +€473
up €473 (+202%), from €234 to €707
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 | €45,081 | €49,069 | +€3,988 | +8.8% |
| Fixed assets | 21/28 | €4,739 | €25,777 | +€21,038 | +444% |
| Tangible fixed assets | 22/27 | €4,739 | €25,777 | +€21,038 | +444% |
| Plant, machinery and equipment | 23 | €3,254 | €2,450 | -€804 | -24.7% |
| Furniture and vehicles | 24 | €1,485 | €23,327 | +€21,841 | +1,471% |
| Current assets | 29/58 | €40,342 | €23,292 | -€17,049 | -42.3% |
| Stocks and contracts in progress | 3 | - | €6,252 | +€6,252 | |
| Stocks | 30/36 | - | €6,252 | +€6,252 | |
| Amounts receivable within one year | 40/41 | €13,143 | €2,150 | -€10,993 | -83.6% |
| Trade receivables | 40 | €13,143 | €2,150 | -€10,993 | -83.6% |
| Cash at bank and in hand | 54/58 | €27,199 | €14,703 | -€12,496 | -45.9% |
| Deferred charges and accrued income | 490/1 | - | €188 | +€188 | |
| Total equity and liabilities | 10/49 | €45,081 | €49,069 | +€3,988 | +8.8% |
| Equity | 10/15 | €12,342 | -€1,612 | -€13,954 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,342 | -€3,612 | -€13,954 | |
| Amounts payable | 17/49 | €32,739 | €50,681 | +€17,943 | +54.8% |
| Amounts payable after more than one year | 17 | - | €6,040 | +€6,040 | |
| Financial debts | 170/4 | - | €6,040 | +€6,040 | |
| Amounts payable within one year | 42/48 | €32,739 | €44,642 | +€11,903 | +36.4% |
| Current portion of amounts payable after more than one year | 42 | - | €4,966 | +€4,966 | |
| Trade debts | 44 | €1,624 | €3,421 | +€1,797 | +111% |
| Suppliers | 440/4 | €1,624 | €3,421 | +€1,797 | +111% |
| Taxes, remuneration and social security | 45 | €3,026 | €3,543 | +€517 | +17.1% |
| Taxes | 450/3 | €3,026 | €3,543 | +€517 | +17.1% |
| Other amounts payable | 47/48 | €28,089 | €32,712 | +€4,624 | +16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,136 | €5,862 | +€4,726 | +416% |
| Other operating charges | 640/8 | €384 | €1,891 | +€1,507 | +392% |
| Gross operating margin | 9900 | €14,553 | -€5,313 | -€19,866 | |
| Operating profit (loss) | 9901 | €13,032 | -€13,067 | -€26,099 | |
| Financial income | 75/76B | €18 | - | -€18 | |
| Recurring financial income | 75 | €18 | - | -€18 | |
| Financial charges | 65/66B | €234 | €707 | +€473 | +202% |
| Recurring financial charges | 65 | €234 | €707 | +€473 | +202% |
| Profit (loss) for the period before taxes | 9903 | €12,816 | -€13,774 | -€26,590 | |
| Income taxes | 67/77 | €2,474 | €180 | -€2,294 | -92.7% |
| Profit (loss) for the period | 9904 | €10,342 | -€13,954 | -€24,296 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,342 | -€13,954 | -€24,296 |
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 15 October 2026 via checked.be.