FT ADVISORY: 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.
FT ADVISORY
Largest movements
- Tangible fixed assets -€5,411
down €5,411 (-96.6%), from €5,599 to €188
of which Furniture and vehicles: -€5,411
- Cash +€3,972
up €3,972 (+1736.7%), from €229 to €4,201
mainly Trade debts (+€21,908) and Net result for the year (+€17,213)
- Receivables within one year +€3,616
up €3,616 (+96.5%), from €3,745 to €7,361
of which Trade receivables: +€4,423
- Other debts -€39,479
down €39,479 (-71.5%), from €55,196 to €15,717
- Trade debts +€21,908
up €21,908 (+544.3%), from €4,025 to €25,933
- Profit (loss) carried forward +€17,213
up €17,213 (+23.8%), from €72,408 to €89,621
- Tax, wage and social debts +€2,678
up €2,678 (+38.0%), from €7,054 to €9,732
of which Taxes: +€4,550
- Gross operating margin +€40,607
up €40,607, from -€4,205 to €36,402
- Staff costs +€6,324
up €6,324 (+102.5%), from €6,167 to €12,490
- Taxes +€4,019
up €4,019 (+442.2%), from €909 to €4,928
- Depreciation -€2,818
down €2,818 (-78.2%), from €3,605 to €788
- Other operating charges -€846
down €846 (-35.1%), from €2,410 to €1,563
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €140,683 | €143,003 | +€2,319 | +1.6% |
| Fixed assets | 21/28 | €136,709 | €131,298 | -€5,411 | -4.0% |
| Tangible fixed assets | 22/27 | €5,599 | €188 | -€5,411 | -96.6% |
| Plant, machinery and equipment | 23 | €0 | - | -€0 | |
| Furniture and vehicles | 24 | €5,599 | €188 | -€5,411 | -96.6% |
| Financial fixed assets | 28 | €131,110 | €131,110 | = | 0.0% |
| Current assets | 29/58 | €3,974 | €11,705 | +€7,731 | +194.5% |
| Amounts receivable within one year | 40/41 | €3,745 | €7,361 | +€3,616 | +96.5% |
| Trade receivables | 40 | €2,125 | €6,548 | +€4,423 | +208.2% |
| Other amounts receivable | 41 | €1,621 | €813 | -€807 | -49.8% |
| Cash at bank and in hand | 54/58 | €229 | €4,201 | +€3,972 | +1736.7% |
| Deferred charges and accrued income | 490/1 | - | €143 | +€143 | |
| Total equity and liabilities | 10/49 | €140,683 | €143,003 | +€2,319 | +1.6% |
| Equity | 10/15 | €74,408 | €91,621 | +€17,213 | +23.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €72,408 | €89,621 | +€17,213 | +23.8% |
| Amounts payable | 17/49 | €66,275 | €51,382 | -€14,893 | -22.5% |
| Amounts payable within one year | 42/48 | €66,275 | €51,382 | -€14,893 | -22.5% |
| Trade debts | 44 | €4,025 | €25,933 | +€21,908 | +544.3% |
| Suppliers | 440/4 | €4,025 | €25,933 | +€21,908 | +544.3% |
| Taxes, remuneration and social security | 45 | €7,054 | €9,732 | +€2,678 | +38.0% |
| Taxes | 450/3 | €1,050 | €5,600 | +€4,550 | +433.3% |
| Remuneration and social security | 454/9 | €6,004 | €4,132 | -€1,872 | -31.2% |
| Other amounts payable | 47/48 | €55,196 | €15,717 | -€39,479 | -71.5% |
| Non-recurring operating income | 76A | - | €376 | +€376 | |
| Remuneration, social security and pensions | 62 | €6,167 | €12,490 | +€6,324 | +102.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,605 | €788 | -€2,818 | -78.2% |
| Other operating charges | 640/8 | €2,410 | €1,563 | -€846 | -35.1% |
| Gross operating margin | 9900 | -€4,205 | €36,402 | +€40,607 | |
| Operating profit (loss) | 9901 | -€16,386 | €21,561 | +€37,947 | |
| Financial charges | 65/66B | €73 | -€579 | -€653 | |
| Recurring financial charges | 65 | €73 | -€579 | -€653 | |
| Profit (loss) for the period before taxes | 9903 | -€16,460 | €22,140 | +€38,600 | |
| Income taxes | 67/77 | €909 | €4,928 | +€4,019 | +442.2% |
| Profit (loss) for the period | 9904 | -€17,368 | €17,213 | +€34,581 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,368 | €17,213 | +€34,581 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.