FK Invest: what changed
FK Invest
Largest movements
- Receivables within one year -€172,450
down €172,450 (-62.1%), from €277,528 to €105,078
of which Trade receivables: -€172,450
- Stocks and contracts +€86,600
new in 2025: €86,600
- Cash -€12,661
down €12,661 (-19.4%), from €65,130 to €52,468
mainly Trade debts (-€135,959) and Stocks and contracts (-€86,600)
- Tangible fixed assets -€5,288
down €5,288 (-25.1%), from €21,109 to €15,820
of which Plant, machinery and equipment: -€3,084
- Trade debts -€135,959
down €135,959 (-51.9%), from €262,127 to €126,168
- Other debts +€24,000
up €24,000 (+15.6%), from €153,841 to €177,841
- Tax, wage and social debts +€5,967
up €5,967 (+26.7%), from €22,330 to €28,296
- Gross operating margin +€19,427
up €19,427, from -€9,975 to €9,451
- Depreciation +€1,819
up €1,819 (+52.4%), from €3,469 to €5,288
- Financial charges -€177
down €177 (-52.6%), from €336 to €159
- Other operating charges +€133
up €133 (+7.9%), from €1,679 to €1,812
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €363,767 | €259,967 | -€103,800 | -28.5% |
| Fixed assets | 21/28 | €21,109 | €15,820 | -€5,288 | -25.1% |
| Tangible fixed assets | 22/27 | €21,109 | €15,820 | -€5,288 | -25.1% |
| Land and buildings | 22 | €4,655 | €4,458 | -€196 | -4.2% |
| Plant, machinery and equipment | 23 | €14,111 | €11,027 | -€3,084 | -21.9% |
| Furniture and vehicles | 24 | €2,343 | €335 | -€2,008 | -85.7% |
| Current assets | 29/58 | €342,658 | €244,147 | -€98,511 | -28.7% |
| Stocks and contracts in progress | 3 | - | €86,600 | +€86,600 | |
| Stocks | 30/36 | - | €86,600 | +€86,600 | |
| Amounts receivable within one year | 40/41 | €277,528 | €105,078 | -€172,450 | -62.1% |
| Trade receivables | 40 | €245,071 | €72,621 | -€172,450 | -70.4% |
| Other amounts receivable | 41 | €32,458 | €32,458 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €65,130 | €52,468 | -€12,661 | -19.4% |
| Total equity and liabilities | 10/49 | €363,767 | €259,967 | -€103,800 | -28.5% |
| Equity | 10/15 | -€74,530 | -€72,339 | +€2,192 | +2.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€76,530 | -€74,339 | +€2,192 | +2.9% |
| Amounts payable | 17/49 | €438,297 | €332,306 | -€105,992 | -24.2% |
| Amounts payable within one year | 42/48 | €438,297 | €332,306 | -€105,992 | -24.2% |
| Trade debts | 44 | €262,127 | €126,168 | -€135,959 | -51.9% |
| Suppliers | 440/4 | €262,127 | €126,168 | -€135,959 | -51.9% |
| Taxes, remuneration and social security | 45 | €22,330 | €28,296 | +€5,967 | +26.7% |
| Taxes | 450/3 | €22,330 | €28,296 | +€5,967 | +26.7% |
| Other amounts payable | 47/48 | €153,841 | €177,841 | +€24,000 | +15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,469 | €5,288 | +€1,819 | +52.4% |
| Other operating charges | 640/8 | €1,679 | €1,812 | +€133 | +7.9% |
| Gross operating margin | 9900 | -€9,975 | €9,451 | +€19,427 | |
| Operating profit (loss) | 9901 | -€15,123 | €2,351 | +€17,474 | |
| Financial charges | 65/66B | €336 | €159 | -€177 | -52.6% |
| Recurring financial charges | 65 | €336 | €159 | -€177 | -52.6% |
| Profit (loss) for the period before taxes | 9903 | -€15,459 | €2,192 | +€17,651 | |
| Profit (loss) for the period | 9904 | -€15,459 | €2,192 | +€17,651 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,459 | €2,192 | +€17,651 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.