FNL PROPERTIES: 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.
FNL PROPERTIES
Largest movements
- Cash -€6,137
no longer reported in 2025 (was €6,137)
mainly Other debts (-€7,070) and Current portion of long-term debt (-€3,485)
- Tangible fixed assets -€1,399
down €1,399 (-1.5%), from €93,127 to €91,727
- Other debts -€7,070
down €7,070 (-8.6%), from €81,786 to €74,715
- Profit (loss) carried forward +€3,784
up €3,784 (+70.4%), from -€5,371 to -€1,588
- Current portion of long-term debt -€3,485
no longer reported in 2025 (was €3,485)
- Gross operating margin +€360
up €360 (+5.8%), from €6,264 to €6,624
- Financial charges -€320
down €320 (-77.3%), from €414 to €94
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 | €99,463 | €91,727 | -€7,736 | -7.8% |
| Fixed assets | 21/28 | €93,127 | €91,727 | -€1,399 | -1.5% |
| Tangible fixed assets | 22/27 | €93,127 | €91,727 | -€1,399 | -1.5% |
| Land and buildings | 22 | €93,127 | €91,727 | -€1,399 | -1.5% |
| Current assets | 29/58 | €6,337 | - | -€6,337 | |
| Amounts receivable within one year | 40/41 | €200 | - | -€200 | |
| Trade receivables | 40 | €200 | - | -€200 | |
| Cash at bank and in hand | 54/58 | €6,137 | - | -€6,137 | |
| Total equity and liabilities | 10/49 | €99,463 | €91,727 | -€7,736 | -7.8% |
| Equity | 10/15 | €13,229 | €17,012 | +€3,784 | +28.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,371 | -€1,588 | +€3,784 | +70.4% |
| Amounts payable | 17/49 | €86,235 | €74,715 | -€11,520 | -13.4% |
| Amounts payable within one year | 42/48 | €86,235 | €74,715 | -€11,520 | -13.4% |
| Current portion of amounts payable after more than one year | 42 | €3,485 | - | -€3,485 | |
| Trade debts | 44 | €965 | - | -€965 | |
| Suppliers | 440/4 | €965 | - | -€965 | |
| Other amounts payable | 47/48 | €81,786 | €74,715 | -€7,070 | -8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,399 | €1,399 | = | 0.0% |
| Other operating charges | 640/8 | €1,307 | €1,347 | +€40 | +3.1% |
| Gross operating margin | 9900 | €6,264 | €6,624 | +€360 | +5.8% |
| Operating profit (loss) | 9901 | €3,557 | €3,878 | +€320 | +9.0% |
| Financial charges | 65/66B | €414 | €94 | -€320 | -77.3% |
| Recurring financial charges | 65 | €414 | €94 | -€320 | -77.3% |
| Profit (loss) for the period before taxes | 9903 | €3,143 | €3,784 | +€641 | +20.4% |
| Profit (loss) for the period | 9904 | €3,143 | €3,784 | +€641 | +20.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,143 | €3,784 | +€641 | +20.4% |
Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.