FPJD: 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.
FPJD
Largest movements
- Cash +€77,236
up €77,236 (+5.3%), from €1.5m to €1.5m
mainly Net result for the year (+€116,790) and Other debts (+€88,970)
- Tangible fixed assets +€67,156
new in 2025: €67,156
- Other debts +€88,970
up €88,970 (+19.2%), from €463,695 to €552,664
- Reserves +€47,629
up €47,629 (+9.3%), from €510,101 to €557,729
- Gross operating margin +€10,356
up €10,356 (+5.5%), from €187,205 to €197,561
- Depreciation +€5,919
up €5,919 (+1513.9%), from €391 to €6,310
- Financial charges +€2,897
up €2,897 (+10.4%), from €27,883 to €30,780
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 | €1,531,891 | €1,675,885 | +€143,994 | +9.4% |
| Fixed assets | 21/28 | - | €67,156 | +€67,156 | |
| Tangible fixed assets | 22/27 | - | €67,156 | +€67,156 | |
| Furniture and vehicles | 24 | - | €67,156 | +€67,156 | |
| Current assets | 29/58 | €1,531,891 | €1,608,729 | +€76,838 | +5.0% |
| Amounts receivable within one year | 40/41 | €73,811 | €73,413 | -€398 | -0.5% |
| Trade receivables | 40 | €61,506 | €70,156 | +€8,650 | +14.1% |
| Other amounts receivable | 41 | €12,304 | €3,257 | -€9,047 | -73.5% |
| Cash at bank and in hand | 54/58 | €1,458,081 | €1,535,316 | +€77,236 | +5.3% |
| Total equity and liabilities | 10/49 | €1,531,891 | €1,675,885 | +€143,994 | +9.4% |
| Equity | 10/15 | €1,044,994 | €1,092,623 | +€47,629 | +4.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €510,101 | €557,729 | +€47,629 | +9.3% |
| Distributable reserves | 133 | €510,101 | €557,729 | +€47,629 | +9.3% |
| Profit (loss) carried forward | 14 | €522,493 | €522,493 | = | 0.0% |
| Amounts payable | 17/49 | €486,897 | €583,262 | +€96,365 | +19.8% |
| Amounts payable within one year | 42/48 | €486,897 | €583,262 | +€96,365 | +19.8% |
| Trade debts | 44 | €784 | €902 | +€118 | +15.1% |
| Suppliers | 440/4 | €784 | €902 | +€118 | +15.1% |
| Taxes, remuneration and social security | 45 | €22,418 | €29,695 | +€7,277 | +32.5% |
| Taxes | 450/3 | €22,418 | €29,695 | +€7,277 | +32.5% |
| Other amounts payable | 47/48 | €463,695 | €552,664 | +€88,970 | +19.2% |
| Non-recurring operating income | 76A | - | €4,344 | +€4,344 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €391 | €6,310 | +€5,919 | +1513.9% |
| Other operating charges | 640/8 | €1,915 | €1,606 | -€309 | -16.1% |
| Gross operating margin | 9900 | €187,205 | €197,561 | +€10,356 | +5.5% |
| Operating profit (loss) | 9901 | €184,899 | €189,645 | +€4,745 | +2.6% |
| Financial income | 75/76B | €7,124 | €6,684 | -€440 | -6.2% |
| Recurring financial income | 75 | €7,124 | €6,684 | -€440 | -6.2% |
| Financial charges | 65/66B | €27,883 | €30,780 | +€2,897 | +10.4% |
| Recurring financial charges | 65 | €27,883 | €30,780 | +€2,897 | +10.4% |
| Profit (loss) for the period before taxes | 9903 | €164,140 | €165,549 | +€1,409 | +0.9% |
| Income taxes | 67/77 | €48,878 | €48,760 | -€118 | -0.2% |
| Profit (loss) for the period | 9904 | €115,262 | €116,790 | +€1,528 | +1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €115,262 | €116,790 | +€1,528 | +1.3% |
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.