FP BELGIUM: 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.
FP BELGIUM
Largest movements
- Cash -€47,121
down €47,121 (-48.8%), from €96,639 to €49,519
mainly Other debts (-€73,709) and Trade debts (-€8,394)
- Receivables within one year -€20,365
down €20,365 (-80.8%), from €25,203 to €4,838
of which Trade receivables: -€16,717
- Tangible fixed assets -€4,820
down €4,820 (-39.5%), from €12,190 to €7,370
- Other debts -€73,709
down €73,709 (-75.1%), from €98,110 to €24,401
- Profit (loss) carried forward +€10,052
up €10,052 (+27.6%), from -€36,437 to -€26,385
- Trade debts -€8,394
down €8,394 (-16.7%), from €50,160 to €41,766
- Gross operating margin +€140,357
up €140,357 (+208%), from €67,496 to €207,853
- Staff costs +€68,727
up €68,727 (+63.4%), from €108,485 to €177,212
- Other operating charges -€49,296
down €49,296 (-97.0%), from €50,833 to €1,537
- Taxes +€12,950
new in 2025: €12,950
- Depreciation -€6,735
down €6,735 (-71.9%), from €9,365 to €2,630
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 | €134,449 | €61,727 | -€72,722 | -54.1% |
| Fixed assets | 21/28 | €12,190 | €7,370 | -€4,820 | -39.5% |
| Tangible fixed assets | 22/27 | €12,190 | €7,370 | -€4,820 | -39.5% |
| Furniture and vehicles | 24 | €12,190 | €7,370 | -€4,820 | -39.5% |
| Current assets | 29/58 | €122,259 | €54,357 | -€67,902 | -55.5% |
| Amounts receivable within one year | 40/41 | €25,203 | €4,838 | -€20,365 | -80.8% |
| Trade receivables | 40 | €21,555 | €4,838 | -€16,717 | -77.6% |
| Other amounts receivable | 41 | €3,648 | - | -€3,648 | |
| Cash at bank and in hand | 54/58 | €96,639 | €49,519 | -€47,121 | -48.8% |
| Deferred charges and accrued income | 490/1 | €416 | - | -€416 | |
| Total equity and liabilities | 10/49 | €134,449 | €61,727 | -€72,722 | -54.1% |
| Equity | 10/15 | -€26,437 | -€16,385 | +€10,052 | +38.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Capital | 10 | €10,000 | €10,000 | = | 0.0% |
| Issued capital | 100 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,437 | -€26,385 | +€10,052 | +27.6% |
| Amounts payable | 17/49 | €160,886 | €78,112 | -€82,774 | -51.4% |
| Amounts payable within one year | 42/48 | €160,886 | €78,112 | -€82,774 | -51.4% |
| Trade debts | 44 | €50,160 | €41,766 | -€8,394 | -16.7% |
| Suppliers | 440/4 | €50,160 | €41,766 | -€8,394 | -16.7% |
| Taxes, remuneration and social security | 45 | €12,616 | €11,945 | -€671 | -5.3% |
| Taxes | 450/3 | €1,345 | €9,972 | +€8,627 | +641% |
| Remuneration and social security | 454/9 | €11,271 | €1,973 | -€9,298 | -82.5% |
| Other amounts payable | 47/48 | €98,110 | €24,401 | -€73,709 | -75.1% |
| Remuneration, social security and pensions | 62 | €108,485 | €177,212 | +€68,727 | +63.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,365 | €2,630 | -€6,735 | -71.9% |
| Other operating charges | 640/8 | €50,833 | €1,537 | -€49,296 | -97.0% |
| Non-recurring operating charges | 66A | - | €3,190 | +€3,190 | |
| Gross operating margin | 9900 | €67,496 | €207,853 | +€140,357 | +208% |
| Operating profit (loss) | 9901 | -€101,188 | €23,283 | +€124,471 | |
| Financial charges | 65/66B | - | €281 | +€281 | |
| Recurring financial charges | 65 | - | €281 | +€281 | |
| Profit (loss) for the period before taxes | 9903 | -€101,188 | €23,002 | +€124,189 | |
| Income taxes | 67/77 | - | €12,950 | +€12,950 | |
| Profit (loss) for the period | 9904 | -€101,188 | €10,052 | +€111,239 | |
| Profit (loss) for the period to be appropriated | 9905 | -€101,188 | €10,052 | +€111,239 |
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 21 October 2026 via checked.be.