FKS TRADING: 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.
FKS TRADING
Largest movements
- Tangible fixed assets -€262,999
down €262,999 (-5.0%), from €5.3m to €5.0m
of which Land and buildings: -€264,677
- Cash -€125,740
down €125,740 (-42.0%), from €299,619 to €173,879
mainly Current portion of long-term debt (-€281,412) and Contributions, distributions and other (-€273,000)
- Receivables within one year -€109,107
down €109,107 (-13.7%), from €798,420 to €689,313
of which Other amounts receivable: -€98,595
- Current portion of long-term debt -€281,412
down €281,412 (-43.0%), from €655,090 to €373,678
- Debts after one year -€246,048
down €246,048 (-10.7%), from €2.3m to €2.1m
- Short-term financial debts -€190,810
down €190,810 (-61.4%), from €310,810 to €120,000
- Reserves +€162,659
up €162,659 (+5.5%), from €3.0m to €3.1m
of which Distributable reserves: +€162,659
- Other debts +€74,309
up €74,309, from €0 to €74,309
- Gross operating margin +€108,942
up €108,942 (+8.2%), from €1.3m to €1.4m
- Taxes +€34,943
up €34,943 (+20.1%), from €173,944 to €208,887
- Financial charges -€25,006
down €25,006 (-13.8%), from €181,588 to €156,583
- Depreciation +€14,785
up €14,785 (+6.3%), from €233,758 to €248,542
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 | €6,469,464 | €5,959,345 | -€510,119 | -7.9% |
| Fixed assets | 21/28 | €5,292,370 | €5,032,092 | -€260,278 | -4.9% |
| Intangible fixed assets | 21 | €1,862 | €4,583 | +€2,721 | +146% |
| Tangible fixed assets | 22/27 | €5,253,059 | €4,990,060 | -€262,999 | -5.0% |
| Land and buildings | 22 | €5,148,912 | €4,884,235 | -€264,677 | -5.1% |
| Plant, machinery and equipment | 23 | €32,064 | €31,286 | -€778 | -2.4% |
| Furniture and vehicles | 24 | €60,874 | €70,413 | +€9,539 | +15.7% |
| Other tangible fixed assets | 26 | €11,208 | €4,125 | -€7,083 | -63.2% |
| Financial fixed assets | 28 | €37,450 | €37,450 | = | 0.0% |
| Current assets | 29/58 | €1,177,094 | €927,253 | -€249,841 | -21.2% |
| Stocks and contracts in progress | 3 | €46,900 | €35,500 | -€11,400 | -24.3% |
| Stocks | 30/36 | €46,900 | €35,500 | -€11,400 | -24.3% |
| Amounts receivable within one year | 40/41 | €798,420 | €689,313 | -€109,107 | -13.7% |
| Trade receivables | 40 | €445,209 | €434,696 | -€10,512 | -2.4% |
| Other amounts receivable | 41 | €353,211 | €254,617 | -€98,595 | -27.9% |
| Cash at bank and in hand | 54/58 | €299,619 | €173,879 | -€125,740 | -42.0% |
| Deferred charges and accrued income | 490/1 | €32,155 | €28,561 | -€3,594 | -11.2% |
| Total equity and liabilities | 10/49 | €6,469,464 | €5,959,345 | -€510,119 | -7.9% |
| Equity | 10/15 | €3,005,231 | €3,167,890 | +€162,659 | +5.4% |
| Contributions | 10/11 | €18,900 | €18,900 | = | 0.0% |
| Reserves | 13 | €2,983,492 | €3,146,151 | +€162,659 | +5.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €2,983,492 | €3,146,151 | +€162,659 | +5.5% |
| Profit (loss) carried forward | 14 | €2,839 | €2,839 | = | 0.0% |
| Amounts payable | 17/49 | €3,464,233 | €2,791,455 | -€672,778 | -19.4% |
| Amounts payable after more than one year | 17 | €2,304,196 | €2,058,148 | -€246,048 | -10.7% |
| Financial debts | 170/4 | €2,304,196 | €2,058,148 | -€246,048 | -10.7% |
| Amounts payable within one year | 42/48 | €1,087,589 | €661,500 | -€426,089 | -39.2% |
| Current portion of amounts payable after more than one year | 42 | €655,090 | €373,678 | -€281,412 | -43.0% |
| Financial debts | 43 | €310,810 | €120,000 | -€190,810 | -61.4% |
| Credit institutions | 430/8 | €310,810 | €120,000 | -€190,810 | -61.4% |
| Trade debts | 44 | €70,015 | €34,045 | -€35,969 | -51.4% |
| Suppliers | 440/4 | €70,015 | €34,045 | -€35,969 | -51.4% |
| Taxes, remuneration and social security | 45 | €51,673 | €59,468 | +€7,794 | +15.1% |
| Taxes | 450/3 | €11,335 | €35,563 | +€24,228 | +214% |
| Remuneration and social security | 454/9 | €40,338 | €23,905 | -€16,434 | -40.7% |
| Other amounts payable | 47/48 | €0 | €74,309 | +€74,309 | |
| Accrued charges and deferred income | 492/3 | €72,448 | €71,807 | -€641 | -0.9% |
| Non-recurring operating income | 76A | €0 | €83,865 | +€83,865 | |
| Remuneration, social security and pensions | 62 | €381,139 | €384,551 | +€3,412 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €233,758 | €248,542 | +€14,785 | +6.3% |
| Other operating charges | 640/8 | €14,678 | €16,493 | +€1,815 | +12.4% |
| Gross operating margin | 9900 | €1,335,443 | €1,444,385 | +€108,942 | +8.2% |
| Operating profit (loss) | 9901 | €705,868 | €794,798 | +€88,929 | +12.6% |
| Financial income | 75/76B | €9,101 | €6,331 | -€2,770 | -30.4% |
| Recurring financial income | 75 | €9,101 | €6,331 | -€2,770 | -30.4% |
| Financial charges | 65/66B | €181,588 | €156,583 | -€25,006 | -13.8% |
| Recurring financial charges | 65 | €181,588 | €156,583 | -€25,006 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | €533,381 | €644,546 | +€111,165 | +20.8% |
| Income taxes | 67/77 | €173,944 | €208,887 | +€34,943 | +20.1% |
| Profit (loss) for the period | 9904 | €359,437 | €435,659 | +€76,222 | +21.2% |
| Profit (loss) for the period to be appropriated | 9905 | €359,437 | €435,659 | +€76,222 | +21.2% |
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 26 October 2026 via checked.be.