FJ INFO: 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.
FJ INFO
Largest movements
- Tangible fixed assets +€26,733
up €26,733 (+311%), from €8,583 to €35,316
of which Leasing and similar rights: +€30,959
- Receivables within one year +€25,076
up €25,076 (+20.2%), from €123,929 to €149,005
of which Trade receivables: +€29,833
- Cash -€3,242
down €3,242 (-3.4%), from €96,282 to €93,040
mainly Contributions, distributions and other (-€45,650) and Investment in fixed assets (net) (-€31,511)
- Other debts +€35,733
up €35,733 (+495%), from €7,220 to €42,953
- Debts after one year +€19,880
up €19,880, from €0 to €19,880
- Reserves -€15,550
down €15,550 (-19.6%), from €79,140 to €63,590
of which Distributable reserves: -€13,550
- Trade debts +€5,672
up €5,672 (+8.2%), from €69,041 to €74,713
- Current portion of long-term debt +€3,191
up €3,191 (+78.1%), from €4,085 to €7,275
- Gross operating margin +€55,003
up €55,003 (+25.4%), from €216,460 to €271,462
- Staff costs +€38,328
up €38,328 (+20.1%), from €190,381 to €228,709
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 | €269,566 | €317,608 | +€48,042 | +17.8% |
| Fixed assets | 21/28 | €8,763 | €35,496 | +€26,733 | +305% |
| Tangible fixed assets | 22/27 | €8,583 | €35,316 | +€26,733 | +311% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €8,583 | €4,357 | -€4,226 | -49.2% |
| Leasing and similar rights | 25 | - | €30,959 | +€30,959 | |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €260,804 | €282,112 | +€21,309 | +8.2% |
| Stocks and contracts in progress | 3 | €40,592 | €40,067 | -€525 | -1.3% |
| Stocks | 30/36 | €40,592 | €40,067 | -€525 | -1.3% |
| Amounts receivable within one year | 40/41 | €123,929 | €149,005 | +€25,076 | +20.2% |
| Trade receivables | 40 | €85,192 | €115,024 | +€29,833 | +35.0% |
| Other amounts receivable | 41 | €38,737 | €33,981 | -€4,757 | -12.3% |
| Cash at bank and in hand | 54/58 | €96,282 | €93,040 | -€3,242 | -3.4% |
| Total equity and liabilities | 10/49 | €269,566 | €317,608 | +€48,042 | +17.8% |
| Equity | 10/15 | €123,756 | €108,215 | -€15,540 | -12.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €79,140 | €63,590 | -€15,550 | -19.6% |
| Non-distributable reserves | 130/1 | €2,000 | €0 | -€2,000 | -100% |
| Reserves not available under the articles | 1311 | €2,000 | €0 | -€2,000 | -100% |
| Distributable reserves | 133 | €77,140 | €63,590 | -€13,550 | -17.6% |
| Profit (loss) carried forward | 14 | €24,616 | €24,625 | +€10 | 0.0% |
| Amounts payable | 17/49 | €145,811 | €209,393 | +€63,582 | +43.6% |
| Amounts payable after more than one year | 17 | €0 | €19,880 | +€19,880 | |
| Financial debts | 170/4 | €0 | €19,880 | +€19,880 | |
| Amounts payable within one year | 42/48 | €145,811 | €189,513 | +€43,703 | +30.0% |
| Current portion of amounts payable after more than one year | 42 | €4,085 | €7,275 | +€3,191 | +78.1% |
| Trade debts | 44 | €69,041 | €74,713 | +€5,672 | +8.2% |
| Suppliers | 440/4 | €69,041 | €74,713 | +€5,672 | +8.2% |
| Taxes, remuneration and social security | 45 | €65,465 | €64,572 | -€893 | -1.4% |
| Taxes | 450/3 | €27,980 | €25,328 | -€2,652 | -9.5% |
| Remuneration and social security | 454/9 | €37,485 | €39,245 | +€1,759 | +4.7% |
| Other amounts payable | 47/48 | €7,220 | €42,953 | +€35,733 | +495% |
| Non-recurring operating income | 76A | €56 | €0 | -€56 | -100% |
| Remuneration, social security and pensions | 62 | €190,381 | €228,709 | +€38,328 | +20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,442 | €4,778 | -€664 | -12.2% |
| Other operating charges | 640/8 | €592 | €590 | -€2 | -0.3% |
| Non-recurring operating charges | 66A | - | €640 | +€640 | |
| Gross operating margin | 9900 | €216,460 | €271,462 | +€55,003 | +25.4% |
| Operating profit (loss) | 9901 | €20,044 | €36,745 | +€16,701 | +83.3% |
| Financial charges | 65/66B | €1,806 | €2,231 | +€425 | +23.5% |
| Recurring financial charges | 65 | €1,806 | €2,231 | +€425 | +23.5% |
| Profit (loss) for the period before taxes | 9903 | €18,238 | €34,514 | +€16,276 | +89.2% |
| Income taxes | 67/77 | €3,126 | €4,404 | +€1,278 | +40.9% |
| Profit (loss) for the period | 9904 | €15,112 | €30,110 | +€14,997 | +99.2% |
| Profit (loss) for the period to be appropriated | 9905 | €15,112 | €30,110 | +€14,997 | +99.2% |
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 28 October 2026 via checked.be.