FKR TEAM: what changed
Two fiscal 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.
FKR TEAM
Largest movements
- Receivables within one year +€3,310
up €3,310 (+50.1%), from €6,606 to €9,915
of which Trade receivables: +€7,357
- Cash +€349
up €349 (+102.7%), from €340 to €689
mainly Short-term financial debts (+€24,999) and Trade debts (+€8,852)
- Profit (loss) carried forward -€28,149
down €28,149 (-104.1%), from -€27,051 to -€55,200
- Short-term financial debts +€24,999
up €24,999 (+120.9%), from €20,675 to €45,674
- Trade debts +€8,852
up €8,852 (+6323.1%), from €140 to €8,992
- Tax, wage and social debts -€2,981
no longer reported in 2025 (was €2,981)
- Other debts +€936
up €936 (+5.8%), from €16,202 to €17,138
- Depreciation -€47,246
no longer reported in 2025 (was €47,246)
- Gross operating margin -€31,582
down €31,582, from €18,238 to -€13,344
- Financial charges +€5,758
up €5,758 (+900.3%), from €640 to €6,397
- Taxes +€2,161
new in 2025: €2,161
- Other operating charges +€2,018
up €2,018 (+47.7%), from €4,229 to €6,246
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 | €15,946 | €19,605 | +€3,659 | +22.9% |
| Fixed assets | 21/28 | €9,000 | €9,000 | = | 0.0% |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €6,946 | €10,605 | +€3,659 | +52.7% |
| Amounts receivable within one year | 40/41 | €6,606 | €9,915 | +€3,310 | +50.1% |
| Trade receivables | 40 | €1,721 | €9,078 | +€7,357 | +427.5% |
| Other amounts receivable | 41 | €4,885 | €837 | -€4,048 | -82.9% |
| Cash at bank and in hand | 54/58 | €340 | €689 | +€349 | +102.7% |
| Total equity and liabilities | 10/49 | €15,946 | €19,605 | +€3,659 | +22.9% |
| Equity | 10/15 | -€24,051 | -€52,200 | -€28,149 | -117.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,051 | -€55,200 | -€28,149 | -104.1% |
| Amounts payable | 17/49 | €39,997 | €71,805 | +€31,807 | +79.5% |
| Amounts payable within one year | 42/48 | €39,997 | €71,805 | +€31,807 | +79.5% |
| Financial debts | 43 | €20,675 | €45,674 | +€24,999 | +120.9% |
| Credit institutions | 430/8 | €20,675 | €45,674 | +€24,999 | +120.9% |
| Trade debts | 44 | €140 | €8,992 | +€8,852 | +6323.1% |
| Suppliers | 440/4 | €140 | €8,992 | +€8,852 | +6323.1% |
| Taxes, remuneration and social security | 45 | €2,981 | - | -€2,981 | |
| Taxes | 450/3 | €2,981 | - | -€2,981 | |
| Other amounts payable | 47/48 | €16,202 | €17,138 | +€936 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,246 | - | -€47,246 | |
| Other operating charges | 640/8 | €4,229 | €6,246 | +€2,018 | +47.7% |
| Gross operating margin | 9900 | €18,238 | -€13,344 | -€31,582 | |
| Operating profit (loss) | 9901 | -€33,237 | -€19,591 | +€13,647 | +41.1% |
| Financial charges | 65/66B | €640 | €6,397 | +€5,758 | +900.3% |
| Recurring financial charges | 65 | €640 | €6,397 | +€5,758 | +900.3% |
| Profit (loss) for the period before taxes | 9903 | -€33,877 | -€25,988 | +€7,889 | +23.3% |
| Income taxes | 67/77 | - | €2,161 | +€2,161 | |
| Profit (loss) for the period | 9904 | -€33,877 | -€28,149 | +€5,728 | +16.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,877 | -€28,149 | +€5,728 | +16.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.