FPI1: 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.
FPI1
Largest movements
- Cash -€4,203
down €4,203 (-67.9%), from €6,187 to €1,984
mainly Net result for the year (-€18,286) and Trade debts (-€6,083)
- Tangible fixed assets +€3,137
up €3,137 (+4.1%), from €77,292 to €80,429
of which Assets under construction and advance payments: +€3,137
- Receivables within one year +€2,184
up €2,184 (+493.9%), from €442 to €2,626
of which Other amounts receivable: +€2,051
- Debts after one year +€25,325
up €25,325 (+20.8%), from €121,818 to €147,143
- Profit (loss) carried forward -€18,286
down €18,286 (-27.2%), from -€67,146 to -€85,432
- Trade debts -€6,083
down €6,083 (-64.6%), from €9,410 to €3,328
- Financial charges +€2,199
up €2,199 (+407.6%), from €539 to €2,738
- Gross operating margin +€1,522
up €1,522 (+9.2%), from -€16,508 to -€14,986
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 | €84,083 | €85,039 | +€956 | +1.1% |
| Formation expenses | 20 | €162 | €0 | -€162 | -100.0% |
| Fixed assets | 21/28 | €77,292 | €80,429 | +€3,137 | +4.1% |
| Tangible fixed assets | 22/27 | €77,292 | €80,429 | +€3,137 | +4.1% |
| Land and buildings | 22 | €66,150 | €66,150 | = | 0.0% |
| Assets under construction and advance payments | 27 | €11,142 | €14,279 | +€3,137 | +28.2% |
| Current assets | 29/58 | €6,629 | €4,610 | -€2,019 | -30.5% |
| Amounts receivable within one year | 40/41 | €442 | €2,626 | +€2,184 | +493.9% |
| Trade receivables | 40 | - | €132 | +€132 | |
| Other amounts receivable | 41 | €442 | €2,494 | +€2,051 | +464.0% |
| Cash at bank and in hand | 54/58 | €6,187 | €1,984 | -€4,203 | -67.9% |
| Total equity and liabilities | 10/49 | €84,083 | €85,039 | +€956 | +1.1% |
| Equity | 10/15 | -€47,146 | -€65,432 | -€18,286 | -38.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€67,146 | -€85,432 | -€18,286 | -27.2% |
| Amounts payable | 17/49 | €131,228 | €150,470 | +€19,242 | +14.7% |
| Amounts payable after more than one year | 17 | €121,818 | €147,143 | +€25,325 | +20.8% |
| Other amounts payable | 178/9 | €121,818 | €147,143 | +€25,325 | +20.8% |
| Amounts payable within one year | 42/48 | €9,410 | €3,328 | -€6,083 | -64.6% |
| Trade debts | 44 | €9,410 | €3,328 | -€6,083 | -64.6% |
| Suppliers | 440/4 | €9,410 | €3,328 | -€6,083 | -64.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €170 | €162 | -€8 | -4.8% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€16,508 | -€14,986 | +€1,522 | +9.2% |
| Operating profit (loss) | 9901 | -€17,066 | -€15,548 | +€1,517 | +8.9% |
| Financial charges | 65/66B | €539 | €2,738 | +€2,199 | +407.6% |
| Recurring financial charges | 65 | €539 | €2,738 | +€2,199 | +407.6% |
| Profit (loss) for the period before taxes | 9903 | -€17,605 | -€18,286 | -€681 | -3.9% |
| Profit (loss) for the period | 9904 | -€17,605 | -€18,286 | -€681 | -3.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,605 | -€18,286 | -€681 | -3.9% |
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 4 October 2026 via checked.be.