FIRDAWS: 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.
FIRDAWS
Largest movements
- Stocks and contracts -€11,967
down €11,967 (-20.2%), from €59,193 to €47,225
- Profit (loss) carried forward -€56,981
down €56,981 (-252.0%), from -€22,608 to -€79,588
- Tax, wage and social debts +€39,667
up €39,667 (+87.9%), from €45,146 to €84,813
of which Remuneration and social security: +€38,723
- Other debts +€4,557
up €4,557 (+17.5%), from €26,027 to €30,584
- Gross operating margin -€45,907
down €45,907, from €7,356 to -€38,551
- Staff costs -€5,298
down €5,298 (-23.7%), from €22,383 to €17,085
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 | €71,652 | €59,052 | -€12,600 | -17.6% |
| Fixed assets | 21/28 | €5,800 | €5,800 | = | 0.0% |
| Financial fixed assets | 28 | €5,800 | €5,800 | = | 0.0% |
| Current assets | 29/58 | €65,852 | €53,252 | -€12,600 | -19.1% |
| Stocks and contracts in progress | 3 | €59,193 | €47,225 | -€11,967 | -20.2% |
| Stocks | 30/36 | €59,193 | €47,225 | -€11,967 | -20.2% |
| Amounts receivable within one year | 40/41 | €3,590 | €3,641 | +€51 | +1.4% |
| Trade receivables | 40 | €2,000 | €2,000 | = | 0.0% |
| Other amounts receivable | 41 | €1,590 | €1,641 | +€51 | +3.2% |
| Cash at bank and in hand | 54/58 | €3,069 | €2,385 | -€684 | -22.3% |
| Total equity and liabilities | 10/49 | €71,652 | €59,052 | -€12,600 | -17.6% |
| Equity | 10/15 | -€2,148 | -€59,128 | -€56,981 | -2653.1% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,608 | -€79,588 | -€56,981 | -252.0% |
| Amounts payable | 17/49 | €73,799 | €118,180 | +€44,381 | +60.1% |
| Amounts payable within one year | 42/48 | €73,799 | €118,180 | +€44,381 | +60.1% |
| Trade debts | 44 | €2,626 | €2,784 | +€157 | +6.0% |
| Suppliers | 440/4 | €2,626 | €2,784 | +€157 | +6.0% |
| Taxes, remuneration and social security | 45 | €45,146 | €84,813 | +€39,667 | +87.9% |
| Taxes | 450/3 | €6,138 | €7,081 | +€944 | +15.4% |
| Remuneration and social security | 454/9 | €39,008 | €77,731 | +€38,723 | +99.3% |
| Other amounts payable | 47/48 | €26,027 | €30,584 | +€4,557 | +17.5% |
| Remuneration, social security and pensions | 62 | €22,383 | €17,085 | -€5,298 | -23.7% |
| Other operating charges | 640/8 | €684 | €673 | -€11 | -1.7% |
| Gross operating margin | 9900 | €7,356 | -€38,551 | -€45,907 | |
| Operating profit (loss) | 9901 | -€15,711 | -€56,309 | -€40,598 | -258.4% |
| Financial income | 75/76B | €188 | €15 | -€173 | -92.1% |
| Recurring financial income | 75 | €188 | €15 | -€173 | -92.1% |
| Financial charges | 65/66B | €506 | €687 | +€181 | +35.9% |
| Recurring financial charges | 65 | €506 | €687 | +€181 | +35.9% |
| Profit (loss) for the period before taxes | 9903 | -€16,029 | -€56,981 | -€40,952 | -255.5% |
| Profit (loss) for the period | 9904 | -€16,029 | -€56,981 | -€40,952 | -255.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,029 | -€56,981 | -€40,952 | -255.5% |
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 12 October 2026 via checked.be.