FPGA-engineering: 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.
FPGA-engineering
Largest movements
- Cash -€19,631
down €19,631 (-30.6%), from €64,222 to €44,592
mainly Investment in fixed assets (net) (-€10,386) and Receivables within one year (-€6,623)
- Tangible fixed assets +€8,550
up €8,550 (+1037.2%), from €824 to €9,374
- Receivables within one year +€6,623
up €6,623 (+316.5%), from €2,092 to €8,715
of which Trade receivables: +€7,090
- Reserves -€4,859
down €4,859 (-14.0%), from €34,796 to €29,938
- Tax, wage and social debts +€780
up €780 (+46.5%), from €1,675 to €2,455
of which Taxes: +€2,257
- Gross operating margin +€31,660
up €31,660 (+92.5%), from -€34,233 to -€2,573
- Depreciation +€1,188
up €1,188 (+183.3%), from €648 to €1,836
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 | €67,403 | €62,955 | -€4,448 | -6.6% |
| Fixed assets | 21/28 | €824 | €9,374 | +€8,550 | +1037.2% |
| Tangible fixed assets | 22/27 | €824 | €9,374 | +€8,550 | +1037.2% |
| Furniture and vehicles | 24 | €824 | €9,374 | +€8,550 | +1037.2% |
| Current assets | 29/58 | €66,579 | €53,581 | -€12,998 | -19.5% |
| Amounts receivable within one year | 40/41 | €2,092 | €8,715 | +€6,623 | +316.5% |
| Trade receivables | 40 | €1,576 | €8,666 | +€7,090 | +449.9% |
| Other amounts receivable | 41 | €516 | €49 | -€467 | -90.4% |
| Cash at bank and in hand | 54/58 | €64,222 | €44,592 | -€19,631 | -30.6% |
| Deferred charges and accrued income | 490/1 | €264 | €274 | +€10 | +3.8% |
| Total equity and liabilities | 10/49 | €67,403 | €62,955 | -€4,448 | -6.6% |
| Equity | 10/15 | €35,796 | €30,938 | -€4,859 | -13.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €34,796 | €29,938 | -€4,859 | -14.0% |
| Distributable reserves | 133 | €34,796 | €29,938 | -€4,859 | -14.0% |
| Amounts payable | 17/49 | €31,607 | €32,017 | +€410 | +1.3% |
| Amounts payable within one year | 42/48 | €31,607 | €32,017 | +€410 | +1.3% |
| Trade debts | 44 | €400 | - | -€400 | |
| Suppliers | 440/4 | €400 | - | -€400 | |
| Taxes, remuneration and social security | 45 | €1,675 | €2,455 | +€780 | +46.5% |
| Taxes | 450/3 | €184 | €2,440 | +€2,257 | +1227.0% |
| Remuneration and social security | 454/9 | €1,492 | €15 | -€1,477 | -99.0% |
| Other amounts payable | 47/48 | €29,532 | €29,562 | +€31 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €648 | €1,836 | +€1,188 | +183.3% |
| Other operating charges | 640/8 | €580 | €595 | +€14 | +2.5% |
| Gross operating margin | 9900 | -€34,233 | -€2,573 | +€31,660 | +92.5% |
| Operating profit (loss) | 9901 | -€35,461 | -€5,004 | +€30,457 | +85.9% |
| Financial income | 75/76B | €327 | €659 | +€333 | +101.9% |
| Recurring financial income | 75 | €327 | €659 | +€333 | +101.9% |
| Financial charges | 65/66B | €300 | €365 | +€65 | +21.8% |
| Recurring financial charges | 65 | €300 | €365 | +€65 | +21.8% |
| Profit (loss) for the period before taxes | 9903 | -€35,435 | -€4,710 | +€30,724 | +86.7% |
| Income taxes | 67/77 | €173 | €148 | -€25 | -14.6% |
| Profit (loss) for the period | 9904 | -€35,608 | -€4,859 | +€30,750 | +86.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,608 | -€4,859 | +€30,750 | +86.4% |
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 11 October 2026 via checked.be.