FS TRADE: 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.
FS TRADE
Largest movements
- Cash +€799
up €799 (+8.6%), from €9,248 to €10,047
mainly Other debts (+€2,666)
- Other debts +€2,666
up €2,666 (+1.0%), from €268,173 to €270,839
- Profit (loss) carried forward -€1,735
down €1,735 (-0.7%), from -€260,057 to -€261,792
- Accrued charges and deferred income -€132
no longer reported in 2025 (was €132)
- Financial charges -€139,682
down €139,682 (-71.5%), from €195,402 to €55,720
- Financial income -€60,006
down €60,006 (-51.7%), from €116,016 to €56,011
- Gross operating margin +€730
up €730 (+31.6%), from -€2,308 to -€1,578
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 | €9,248 | €10,047 | +€799 | +8.6% |
| Current assets | 29/58 | €9,248 | €10,047 | +€799 | +8.6% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €9,248 | €10,047 | +€799 | +8.6% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €9,248 | €10,047 | +€799 | +8.6% |
| Equity | 10/15 | -€259,057 | -€260,792 | -€1,735 | -0.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€260,057 | -€261,792 | -€1,735 | -0.7% |
| Amounts payable | 17/49 | €268,306 | €270,839 | +€2,534 | +0.9% |
| Amounts payable within one year | 42/48 | €268,173 | €270,839 | +€2,666 | +1.0% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Other amounts payable | 47/48 | €268,173 | €270,839 | +€2,666 | +1.0% |
| Accrued charges and deferred income | 492/3 | €132 | - | -€132 | |
| Other operating charges | 640/8 | €441 | €447 | +€5 | +1.2% |
| Gross operating margin | 9900 | -€2,308 | -€1,578 | +€730 | +31.6% |
| Operating profit (loss) | 9901 | -€2,750 | -€2,025 | +€725 | +26.4% |
| Financial income | 75/76B | €116,016 | €56,011 | -€60,006 | -51.7% |
| Recurring financial income | 75 | €116,016 | €56,011 | -€60,006 | -51.7% |
| Financial charges | 65/66B | €195,402 | €55,720 | -€139,682 | -71.5% |
| Recurring financial charges | 65 | €195,402 | €55,720 | -€139,682 | -71.5% |
| Profit (loss) for the period before taxes | 9903 | -€82,135 | -€1,735 | +€80,401 | +97.9% |
| Income taxes | 67/77 | - | €0 | +€0 | |
| Profit (loss) for the period | 9904 | -€82,135 | -€1,735 | +€80,400 | +97.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€82,135 | -€1,735 | +€80,400 | +97.9% |
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 7 October 2026 via checked.be.