FOTA: 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.
FOTA
Largest movements
- Cash -€27,978
down €27,978 (-99.9%), from €28,002 to €24
mainly Net result for the year (-€15,263) and Trade debts (-€14,013)
- Stocks and contracts +€12,821
up €12,821 (+46.2%), from €27,774 to €40,595
- Tangible fixed assets -€10,855
down €10,855 (-25.0%), from €43,419 to €32,564
- Receivables within one year -€8,441
down €8,441 (-63.0%), from €13,388 to €4,947
of which Trade receivables: -€5,955
- Profit (loss) carried forward -€15,263
down €15,263 (-555%), from -€2,752 to -€18,015
- Trade debts -€14,013
down €14,013 (-95.8%), from €14,634 to €621
- Other debts -€5,176
down €5,176 (-6.8%), from €75,700 to €70,524
- Turnover -€43,625
down €43,625 (-94.5%), from €46,156 to €2,531
- Purchases and services -€29,872
down €29,872 (-81.3%), from €36,727 to €6,855
- Gross operating margin -€13,753
down €13,753, from €9,429 to -€4,324
- Depreciation -€1,236
down €1,236 (-10.2%), from €12,091 to €10,855
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 | €112,582 | €78,130 | -€34,452 | -30.6% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €43,419 | €32,564 | -€10,855 | -25.0% |
| Tangible fixed assets | 22/27 | €43,419 | €32,564 | -€10,855 | -25.0% |
| Plant, machinery and equipment | 23 | €43,419 | €32,564 | -€10,855 | -25.0% |
| Current assets | 29/58 | €69,164 | €45,566 | -€23,598 | -34.1% |
| Stocks and contracts in progress | 3 | €27,774 | €40,595 | +€12,821 | +46.2% |
| Stocks | 30/36 | €27,774 | €40,595 | +€12,821 | +46.2% |
| Amounts receivable within one year | 40/41 | €13,388 | €4,947 | -€8,441 | -63.0% |
| Trade receivables | 40 | €10,455 | €4,500 | -€5,955 | -57.0% |
| Other amounts receivable | 41 | €2,933 | €447 | -€2,486 | -84.8% |
| Cash at bank and in hand | 54/58 | €28,002 | €24 | -€27,978 | -99.9% |
| Total equity and liabilities | 10/49 | €112,582 | €78,130 | -€34,452 | -30.6% |
| Equity | 10/15 | €22,248 | €6,985 | -€15,263 | -68.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Capital | 10 | €25,000 | €25,000 | = | 0.0% |
| Issued capital | 100 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,752 | -€18,015 | -€15,263 | -555% |
| Amounts payable | 17/49 | €90,334 | €71,145 | -€19,189 | -21.2% |
| Amounts payable within one year | 42/48 | €90,334 | €71,145 | -€19,189 | -21.2% |
| Trade debts | 44 | €14,634 | €621 | -€14,013 | -95.8% |
| Suppliers | 440/4 | €14,634 | €621 | -€14,013 | -95.8% |
| Other amounts payable | 47/48 | €75,700 | €70,524 | -€5,176 | -6.8% |
| Turnover | 70 | €46,156 | €2,531 | -€43,625 | -94.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €36,727 | €6,855 | -€29,872 | -81.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,091 | €10,855 | -€1,236 | -10.2% |
| Gross operating margin | 9900 | €9,429 | -€4,324 | -€13,753 | |
| Operating profit (loss) | 9901 | -€2,662 | -€15,179 | -€12,517 | -470% |
| Financial charges | 65/66B | €90 | €85 | -€6 | -6.1% |
| Recurring financial charges | 65 | €90 | €85 | -€6 | -6.1% |
| Non-recurring financial charges | 66B | €90 | - | -€90 | |
| Profit (loss) for the period before taxes | 9903 | -€2,752 | -€15,263 | -€12,512 | -455% |
| Profit (loss) for the period | 9904 | -€2,752 | -€15,263 | -€12,512 | -455% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,752 | -€15,263 | -€12,512 | -455% |
Source: filed annual accounts (NBB), financial years ended 31 January 2024 and 31 January 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.