FKB INVEST: 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.
FKB INVEST
Largest movements
- Receivables within one year -€67,272
down €67,272 (-50.6%), from €132,987 to €65,714
of which Trade receivables: -€54,536
- Tangible fixed assets -€13,893
down €13,893 (-32.2%), from €43,149 to €29,256
- Cash +€9,684
up €9,684 (+61.7%), from €15,698 to €25,382
mainly Receivables within one year (+€67,272) and Net result for the year (+€25,070)
- Other debts -€58,944
down €58,944 (-17.6%), from €334,147 to €275,203
- Trade debts -€42,974
down €42,974 (-98.9%), from €43,454 to €480
- Profit (loss) carried forward +€25,070
up €25,070 (+11.9%), from -€211,007 to -€185,938
- Tax, wage and social debts +€5,167
up €5,167 (+80.4%), from €6,427 to €11,594
of which Taxes: +€3,624
- Gross operating margin +€65,389
up €65,389 (+473%), from €13,832 to €79,221
- Other operating charges -€57,224
down €57,224 (-94.3%), from €60,673 to €3,449
- Staff costs -€2,890
down €2,890 (-7.0%), from €41,172 to €38,282
- Financial charges -€2,442
down €2,442 (-85.2%), from €2,867 to €425
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 | €203,021 | €131,339 | -€71,682 | -35.3% |
| Fixed assets | 21/28 | €54,336 | €40,243 | -€14,093 | -25.9% |
| Intangible fixed assets | 21 | €432 | €232 | -€200 | -46.3% |
| Tangible fixed assets | 22/27 | €43,149 | €29,256 | -€13,893 | -32.2% |
| Plant, machinery and equipment | 23 | €43,149 | €29,256 | -€13,893 | -32.2% |
| Financial fixed assets | 28 | €10,755 | €10,755 | = | 0.0% |
| Current assets | 29/58 | €148,684 | €91,096 | -€57,588 | -38.7% |
| Amounts receivable within one year | 40/41 | €132,987 | €65,714 | -€67,272 | -50.6% |
| Trade receivables | 40 | €120,150 | €65,614 | -€54,536 | -45.4% |
| Other amounts receivable | 41 | €12,837 | €100 | -€12,737 | -99.2% |
| Cash at bank and in hand | 54/58 | €15,698 | €25,382 | +€9,684 | +61.7% |
| Total equity and liabilities | 10/49 | €203,021 | €131,339 | -€71,682 | -35.3% |
| Equity | 10/15 | -€181,007 | -€155,938 | +€25,070 | +13.9% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€211,007 | -€185,938 | +€25,070 | +11.9% |
| Amounts payable | 17/49 | €384,028 | €287,277 | -€96,751 | -25.2% |
| Amounts payable within one year | 42/48 | €384,028 | €287,277 | -€96,751 | -25.2% |
| Trade debts | 44 | €43,454 | €480 | -€42,974 | -98.9% |
| Suppliers | 440/4 | €43,454 | €480 | -€42,974 | -98.9% |
| Taxes, remuneration and social security | 45 | €6,427 | €11,594 | +€5,167 | +80.4% |
| Taxes | 450/3 | - | €3,624 | +€3,624 | |
| Remuneration and social security | 454/9 | €6,427 | €7,969 | +€1,542 | +24.0% |
| Other amounts payable | 47/48 | €334,147 | €275,203 | -€58,944 | -17.6% |
| Remuneration, social security and pensions | 62 | €41,172 | €38,282 | -€2,890 | -7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,350 | €14,093 | +€743 | +5.6% |
| Other operating charges | 640/8 | €60,673 | €3,449 | -€57,224 | -94.3% |
| Gross operating margin | 9900 | €13,832 | €79,221 | +€65,389 | +473% |
| Operating profit (loss) | 9901 | -€101,363 | €23,396 | +€124,759 | |
| Financial income | 75/76B | €1,645 | €2,099 | +€453 | +27.6% |
| Recurring financial income | 75 | €76 | €27 | -€49 | -64.6% |
| Non-recurring financial income | 76B | €1,569 | €2,072 | +€502 | +32.0% |
| Financial charges | 65/66B | €2,867 | €425 | -€2,442 | -85.2% |
| Recurring financial charges | 65 | €2,867 | €425 | -€2,442 | -85.2% |
| Profit (loss) for the period before taxes | 9903 | -€102,584 | €25,070 | +€127,654 | |
| Profit (loss) for the period | 9904 | -€102,584 | €25,070 | +€127,654 | |
| Profit (loss) for the period to be appropriated | 9905 | -€102,584 | €25,070 | +€127,654 |
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 24 October 2026 via checked.be.