FPTC: 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.
FPTC
Largest movements
- Receivables within one year +€155,052
up €155,052 (+71.6%), from €216,590 to €371,642
of which Trade receivables: +€111,126
- Stocks and contracts +€115,769
up €115,769 (+128.4%), from €90,160 to €205,929
- Cash +€33,569
up €33,569 (+832.8%), from €4,031 to €37,600
mainly Trade debts (+€191,644) and Tax, wage and social debts (+€62,375)
- Tangible fixed assets +€26,252
up €26,252 (+303.5%), from €8,648 to €34,900
of which Leasing and similar rights: +€26,950
- Trade debts +€191,644
up €191,644 (+97.8%), from €195,900 to €387,543
- Tax, wage and social debts +€62,375
up €62,375 (+74.6%), from €83,582 to €145,957
of which Taxes: +€52,362
- Reserves +€54,044
up €54,044 (+190.8%), from €28,322 to €82,366
- Debts after one year +€18,183
new in 2025: €18,183
- Current portion of long-term debt +€10,289
new in 2025: €10,289
- Gross operating margin +€240,164
up €240,164 (+125.4%), from €191,568 to €431,733
- Staff costs +€101,593
up €101,593 (+64.8%), from €156,800 to €258,393
- Other operating charges +€73,585
up €73,585 (+15968.0%), from €461 to €74,046
- Taxes +€16,868
up €16,868 (+272.0%), from €6,200 to €23,068
- Financial charges -€14,545
down €14,545 (-56.7%), from €25,664 to €11,119
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 | €319,429 | €650,599 | +€331,169 | +103.7% |
| Fixed assets | 21/28 | €8,648 | €34,900 | +€26,252 | +303.5% |
| Tangible fixed assets | 22/27 | €8,648 | €34,900 | +€26,252 | +303.5% |
| Plant, machinery and equipment | 23 | €2,081 | €1,597 | -€484 | -23.3% |
| Furniture and vehicles | 24 | €1,712 | €2,048 | +€336 | +19.6% |
| Leasing and similar rights | 25 | - | €26,950 | +€26,950 | |
| Other tangible fixed assets | 26 | €4,855 | €4,305 | -€550 | -11.3% |
| Current assets | 29/58 | €310,781 | €615,699 | +€304,918 | +98.1% |
| Stocks and contracts in progress | 3 | €90,160 | €205,929 | +€115,769 | +128.4% |
| Stocks | 30/36 | €90,160 | €205,929 | +€115,769 | +128.4% |
| Amounts receivable within one year | 40/41 | €216,590 | €371,642 | +€155,052 | +71.6% |
| Trade receivables | 40 | €122,948 | €234,074 | +€111,126 | +90.4% |
| Other amounts receivable | 41 | €93,642 | €137,568 | +€43,925 | +46.9% |
| Cash at bank and in hand | 54/58 | €4,031 | €37,600 | +€33,569 | +832.8% |
| Deferred charges and accrued income | 490/1 | - | €527 | +€527 | |
| Total equity and liabilities | 10/49 | €319,429 | €650,599 | +€331,169 | +103.7% |
| Equity | 10/15 | €34,522 | €88,566 | +€54,044 | +156.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €28,322 | €82,366 | +€54,044 | +190.8% |
| Distributable reserves | 133 | €28,322 | €82,366 | +€54,044 | +190.8% |
| Amounts payable | 17/49 | €284,908 | €562,033 | +€277,125 | +97.3% |
| Amounts payable after more than one year | 17 | - | €18,183 | +€18,183 | |
| Financial debts | 170/4 | - | €18,183 | +€18,183 | |
| Amounts payable within one year | 42/48 | €284,908 | €543,849 | +€258,942 | +90.9% |
| Current portion of amounts payable after more than one year | 42 | - | €10,289 | +€10,289 | |
| Financial debts | 43 | €5,426 | €60 | -€5,366 | -98.9% |
| Credit institutions | 430/8 | €5,426 | €60 | -€5,366 | -98.9% |
| Trade debts | 44 | €195,900 | €387,543 | +€191,644 | +97.8% |
| Suppliers | 440/4 | €195,900 | €387,543 | +€191,644 | +97.8% |
| Taxes, remuneration and social security | 45 | €83,582 | €145,957 | +€62,375 | +74.6% |
| Taxes | 450/3 | €80,325 | €132,687 | +€52,362 | +65.2% |
| Remuneration and social security | 454/9 | €3,257 | €13,270 | +€10,013 | +307.4% |
| Remuneration, social security and pensions | 62 | €156,800 | €258,393 | +€101,593 | +64.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,439 | €12,860 | +€11,421 | +793.6% |
| Other operating charges | 640/8 | €461 | €74,046 | +€73,585 | +15968.0% |
| Non-recurring operating charges | 66A | - | €5,675 | +€5,675 | |
| Gross operating margin | 9900 | €191,568 | €431,733 | +€240,164 | +125.4% |
| Operating profit (loss) | 9901 | €32,868 | €80,759 | +€47,890 | +145.7% |
| Financial income | 75/76B | €4,023 | €7,472 | +€3,449 | +85.7% |
| Recurring financial income | 75 | €4,023 | €7,472 | +€3,449 | +85.7% |
| Financial charges | 65/66B | €25,664 | €11,119 | -€14,545 | -56.7% |
| Recurring financial charges | 65 | €25,664 | €11,119 | -€14,545 | -56.7% |
| Profit (loss) for the period before taxes | 9903 | €11,228 | €77,112 | +€65,885 | +586.8% |
| Income taxes | 67/77 | €6,200 | €23,068 | +€16,868 | +272.0% |
| Profit (loss) for the period | 9904 | €5,027 | €54,044 | +€49,017 | +975.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,027 | €54,044 | +€49,017 | +975.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.