FODRO: 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.
FODRO
Largest movements
- Cash +€965
up €965 (+19.8%), from €4,879 to €5,844
mainly Other debts (+€2,200) and Trade debts (+€1,051)
- Tangible fixed assets -€872
down €872 (-92.2%), from €946 to €74
of which Leasing and similar rights: -€524
- Receivables within one year +€635
up €635 (+76.8%), from €827 to €1,461
of which Trade receivables: +€933
- Profit (loss) carried forward -€2,523
down €2,523 (-7.0%), from -€35,922 to -€38,446
- Other debts +€2,200
up €2,200 (+21.8%), from €10,088 to €12,288
- Trade debts +€1,051
up €1,051 (+62948.5%), from €2 to €1,053
- Gross operating margin +€2,498
up €2,498 (+70.4%), from -€3,550 to -€1,051
- Depreciation -€676
down €676 (-43.7%), from €1,548 to €872
- Financial income -€261
down €261 (-97.7%), from €267 to €6
- Other operating charges -€50
down €50 (-9.7%), from €511 to €462
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 | €6,651 | €7,379 | +€728 | +10.9% |
| Fixed assets | 21/28 | €946 | €74 | -€872 | -92.2% |
| Tangible fixed assets | 22/27 | €946 | €74 | -€872 | -92.2% |
| Plant, machinery and equipment | 23 | €314 | €74 | -€240 | -76.5% |
| Furniture and vehicles | 24 | €108 | - | -€108 | |
| Leasing and similar rights | 25 | €524 | - | -€524 | |
| Current assets | 29/58 | €5,706 | €7,305 | +€1,600 | +28.0% |
| Amounts receivable within one year | 40/41 | €827 | €1,461 | +€635 | +76.8% |
| Trade receivables | 40 | €0 | €933 | +€933 | |
| Other amounts receivable | 41 | €827 | €529 | -€298 | -36.1% |
| Cash at bank and in hand | 54/58 | €4,879 | €5,844 | +€965 | +19.8% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €6,651 | €7,379 | +€728 | +10.9% |
| Equity | 10/15 | -€23,440 | -€25,963 | -€2,523 | -10.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €83 | €83 | = | 0.0% |
| Tax-exempt reserves | 132 | €83 | €83 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,922 | -€38,446 | -€2,523 | -7.0% |
| Amounts payable | 17/49 | €30,091 | €33,342 | +€3,251 | +10.8% |
| Amounts payable after more than one year | 17 | €20,000 | €20,000 | = | 0.0% |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €10,091 | €13,342 | +€3,251 | +32.2% |
| Trade debts | 44 | €2 | €1,053 | +€1,051 | +62948.5% |
| Suppliers | 440/4 | €2 | €1,053 | +€1,051 | +62948.5% |
| Taxes, remuneration and social security | 45 | €1 | €1 | = | 0.0% |
| Taxes | 450/3 | €1 | €1 | = | 0.0% |
| Other amounts payable | 47/48 | €10,088 | €12,288 | +€2,200 | +21.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,548 | €872 | -€676 | -43.7% |
| Other operating charges | 640/8 | €511 | €462 | -€50 | -9.7% |
| Gross operating margin | 9900 | -€3,550 | -€1,051 | +€2,498 | +70.4% |
| Operating profit (loss) | 9901 | -€5,609 | -€2,385 | +€3,224 | +57.5% |
| Financial income | 75/76B | €267 | €6 | -€261 | -97.7% |
| Recurring financial income | 75 | €267 | €6 | -€261 | -97.7% |
| Financial charges | 65/66B | €132 | €145 | +€13 | +9.8% |
| Recurring financial charges | 65 | €132 | €145 | +€13 | +9.8% |
| Profit (loss) for the period before taxes | 9903 | -€5,474 | -€2,523 | +€2,951 | +53.9% |
| Profit (loss) for the period | 9904 | -€5,474 | -€2,523 | +€2,951 | +53.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,474 | -€2,523 | +€2,951 | +53.9% |
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 29 September 2026 via checked.be.