FNS GROUP: 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.
FNS GROUP
Largest movements
- Receivables within one year -€15,054
down €15,054 (-27.7%), from €54,307 to €39,253
- Tangible fixed assets -€9,439
down €9,439 (-39.7%), from €23,752 to €14,313
- Deferred charges and accrued income +€3,424
up €3,424 (+595%), from €576 to €4,000
- Cash -€1,787
down €1,787 (-99.9%), from €1,789 to €2
mainly Net result for the year (-€9,667) and Tax, wage and social debts (-€8,404)
- Profit (loss) carried forward -€9,667
down €9,667, from €7,647 to -€2,020
- Tax, wage and social debts -€8,404
down €8,404 (-52.5%), from €16,011 to €7,607
- Trade debts -€7,816
down €7,816 (-22.3%), from €34,984 to €27,168
- Other debts +€6,813
new in 2025: €6,813
- Debts after one year -€4,341
down €4,341 (-28.7%), from €15,132 to €10,791
- Gross operating margin -€17,806
down €17,806 (-87.4%), from €20,375 to €2,569
- Depreciation -€2,183
down €2,183 (-26.1%), from €8,362 to €6,179
- Taxes -€1,934
no longer reported in 2025 (was €1,934)
- Financial charges +€650
up €650 (+30.6%), from €2,125 to €2,775
- Other operating charges -€619
down €619 (-96.7%), from €640 to €21
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 | €80,424 | €58,019 | -€22,404 | -27.9% |
| Fixed assets | 21/28 | €23,752 | €14,313 | -€9,439 | -39.7% |
| Tangible fixed assets | 22/27 | €23,752 | €14,313 | -€9,439 | -39.7% |
| Furniture and vehicles | 24 | €23,752 | €14,313 | -€9,439 | -39.7% |
| Current assets | 29/58 | €56,671 | €43,706 | -€12,965 | -22.9% |
| Stocks and contracts in progress | 3 | - | €452 | +€452 | |
| Stocks | 30/36 | - | €452 | +€452 | |
| Amounts receivable within one year | 40/41 | €54,307 | €39,253 | -€15,054 | -27.7% |
| Trade receivables | 40 | €54,307 | €39,253 | -€15,054 | -27.7% |
| Cash at bank and in hand | 54/58 | €1,789 | €2 | -€1,787 | -99.9% |
| Deferred charges and accrued income | 490/1 | €576 | €4,000 | +€3,424 | +595% |
| Total equity and liabilities | 10/49 | €80,424 | €58,019 | -€22,404 | -27.9% |
| Equity | 10/15 | €8,647 | -€1,020 | -€9,667 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,647 | -€2,020 | -€9,667 | |
| Amounts payable | 17/49 | €71,777 | €59,040 | -€12,737 | -17.7% |
| Amounts payable after more than one year | 17 | €15,132 | €10,791 | -€4,341 | -28.7% |
| Financial debts | 170/4 | €15,132 | €10,791 | -€4,341 | -28.7% |
| Amounts payable within one year | 42/48 | €56,645 | €48,248 | -€8,396 | -14.8% |
| Current portion of amounts payable after more than one year | 42 | €3,983 | €6,660 | +€2,677 | +67.2% |
| Financial debts | 43 | €669 | - | -€669 | |
| Credit institutions | 430/8 | €669 | - | -€669 | |
| Trade debts | 44 | €34,984 | €27,168 | -€7,816 | -22.3% |
| Suppliers | 440/4 | €34,984 | €27,168 | -€7,816 | -22.3% |
| Advances received on contracts in progress | 46 | €998 | - | -€998 | |
| Taxes, remuneration and social security | 45 | €16,011 | €7,607 | -€8,404 | -52.5% |
| Taxes | 450/3 | €16,011 | €7,607 | -€8,404 | -52.5% |
| Other amounts payable | 47/48 | - | €6,813 | +€6,813 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,362 | €6,179 | -€2,183 | -26.1% |
| Other operating charges | 640/8 | €640 | €21 | -€619 | -96.7% |
| Non-recurring operating charges | 66A | - | €3,260 | +€3,260 | |
| Gross operating margin | 9900 | €20,375 | €2,569 | -€17,806 | -87.4% |
| Operating profit (loss) | 9901 | €11,373 | -€6,892 | -€18,265 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,125 | €2,775 | +€650 | +30.6% |
| Recurring financial charges | 65 | €2,125 | €2,775 | +€650 | +30.6% |
| Profit (loss) for the period before taxes | 9903 | €9,248 | -€9,667 | -€18,915 | |
| Income taxes | 67/77 | €1,934 | - | -€1,934 | |
| Profit (loss) for the period | 9904 | €7,314 | -€9,667 | -€16,981 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,314 | -€9,667 | -€16,981 |
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 14 October 2026 via checked.be.