FR ENGINEERING & DEVELOPMENT CONSULTANCY: 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.
FR ENGINEERING & DEVELOPMENT CONSULTANCY
Largest movements
- Receivables within one year -€24,073
down €24,073 (-70.6%), from €34,075 to €10,002
of which Trade receivables: -€23,685
- Cash +€5,134
up €5,134 (+300%), from €1,709 to €6,843
mainly Receivables within one year (+€24,073) and Depreciation (+€2,439)
- Tangible fixed assets -€2,439
down €2,439 (-82.1%), from €2,969 to €530
of which Furniture and vehicles: -€1,909
- Profit (loss) carried forward -€14,837
down €14,837 (-34.3%), from -€43,255 to -€58,092
- Tax, wage and social debts -€5,430
down €5,430 (-47.6%), from €11,407 to €5,976
of which Remuneration and social security: -€6,518
- Other debts -€2,273
down €2,273 (-7.1%), from €32,109 to €29,836
- Gross operating margin +€45,655
up €45,655 (+80.2%), from -€56,941 to -€11,286
- Depreciation -€6,486
down €6,486 (-72.7%), from €8,925 to €2,439
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 | €56,450 | €34,793 | -€21,657 | -38.4% |
| Fixed assets | 21/28 | €17,749 | €15,310 | -€2,439 | -13.7% |
| Tangible fixed assets | 22/27 | €2,969 | €530 | -€2,439 | -82.1% |
| Furniture and vehicles | 24 | €1,909 | €0 | -€1,909 | -100% |
| Other tangible fixed assets | 26 | €1,060 | €530 | -€530 | -50.0% |
| Financial fixed assets | 28 | €14,780 | €14,780 | = | 0.0% |
| Current assets | 29/58 | €38,700 | €19,483 | -€19,218 | -49.7% |
| Amounts receivable within one year | 40/41 | €34,075 | €10,002 | -€24,073 | -70.6% |
| Trade receivables | 40 | €33,685 | €10,000 | -€23,685 | -70.3% |
| Other amounts receivable | 41 | €390 | €2 | -€388 | -99.5% |
| Cash at bank and in hand | 54/58 | €1,709 | €6,843 | +€5,134 | +300% |
| Deferred charges and accrued income | 490/1 | €2,916 | €2,638 | -€279 | -9.6% |
| Total equity and liabilities | 10/49 | €56,450 | €34,793 | -€21,657 | -38.4% |
| Equity | 10/15 | €9,240 | -€5,597 | -€14,837 | |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €45,496 | €45,496 | = | 0.0% |
| Distributable reserves | 133 | €45,496 | €45,496 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,255 | -€58,092 | -€14,837 | -34.3% |
| Amounts payable | 17/49 | €47,209 | €40,389 | -€6,820 | -14.4% |
| Amounts payable within one year | 42/48 | €47,209 | €39,978 | -€7,231 | -15.3% |
| Trade debts | 44 | €3,694 | €4,166 | +€472 | +12.8% |
| Suppliers | 440/4 | €3,694 | €4,166 | +€472 | +12.8% |
| Taxes, remuneration and social security | 45 | €11,407 | €5,976 | -€5,430 | -47.6% |
| Taxes | 450/3 | €2,206 | €3,294 | +€1,087 | +49.3% |
| Remuneration and social security | 454/9 | €9,200 | €2,683 | -€6,518 | -70.8% |
| Other amounts payable | 47/48 | €32,109 | €29,836 | -€2,273 | -7.1% |
| Accrued charges and deferred income | 492/3 | - | €411 | +€411 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,925 | €2,439 | -€6,486 | -72.7% |
| Other operating charges | 640/8 | €667 | €683 | +€16 | +2.4% |
| Gross operating margin | 9900 | -€56,941 | -€11,286 | +€45,655 | +80.2% |
| Operating profit (loss) | 9901 | -€66,533 | -€14,407 | +€52,125 | +78.3% |
| Financial income | 75/76B | €4 | €0 | -€4 | -100% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -100% |
| Financial charges | 65/66B | €183 | €253 | +€71 | +38.7% |
| Recurring financial charges | 65 | €183 | €253 | +€71 | +38.7% |
| Profit (loss) for the period before taxes | 9903 | -€66,712 | -€14,661 | +€52,051 | +78.0% |
| Income taxes | 67/77 | €174 | €176 | +€2 | +1.0% |
| Profit (loss) for the period | 9904 | -€66,886 | -€14,837 | +€52,049 | +77.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€66,886 | -€14,837 | +€52,049 | +77.8% |
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 13 October 2026 via checked.be.