FT COMPANY: 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.
FT COMPANY
Largest movements
- Cash -€8,834
down €8,834 (-64.8%), from €13,636 to €4,802
mainly Trade debts (-€8,080) and Investment in fixed assets (net) (-€4,835)
- Tangible fixed assets -€3,666
down €3,666 (-29.8%), from €12,295 to €8,629
- Receivables within one year +€1,623
up €1,623 (+7.3%), from €22,303 to €23,926
of which Other amounts receivable: +€4,108
- Deferred charges and accrued income +€736
new in 2025: €736
- Trade debts -€8,080
down €8,080 (-21.1%), from €38,249 to €30,169
- Profit (loss) carried forward -€4,300
down €4,300 (-109%), from -€3,963 to -€8,263
- Tax, wage and social debts +€2,239
up €2,239 (+41.1%), from €5,448 to €7,687
of which Remuneration and social security: +€3,270
- Turnover +€171,142
new in 2025: €171,142
- Purchases and services +€10,303
up €10,303 (+10.1%), from €101,992 to €112,295
- Gross operating margin +€6,329
up €6,329 (+12.1%), from €52,519 to €58,848
- Staff costs +€5,734
up €5,734 (+12.1%), from €47,316 to €53,050
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 | €48,235 | €38,094 | -€10,141 | -21.0% |
| Fixed assets | 21/28 | €12,295 | €8,629 | -€3,666 | -29.8% |
| Tangible fixed assets | 22/27 | €12,295 | €8,629 | -€3,666 | -29.8% |
| Furniture and vehicles | 24 | €12,295 | €8,629 | -€3,666 | -29.8% |
| Current assets | 29/58 | €35,940 | €29,464 | -€6,476 | -18.0% |
| Amounts receivable within one year | 40/41 | €22,303 | €23,926 | +€1,623 | +7.3% |
| Trade receivables | 40 | €11,988 | €9,503 | -€2,485 | -20.7% |
| Other amounts receivable | 41 | €10,315 | €14,423 | +€4,108 | +39.8% |
| Cash at bank and in hand | 54/58 | €13,636 | €4,802 | -€8,834 | -64.8% |
| Deferred charges and accrued income | 490/1 | - | €736 | +€736 | |
| Total equity and liabilities | 10/49 | €48,235 | €38,094 | -€10,141 | -21.0% |
| Equity | 10/15 | €4,537 | €237 | -€4,300 | -94.8% |
| Contributions | 10/11 | €8,500 | €8,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,963 | -€8,263 | -€4,300 | -109% |
| Amounts payable | 17/49 | €43,698 | €37,856 | -€5,842 | -13.4% |
| Amounts payable within one year | 42/48 | €43,698 | €37,856 | -€5,842 | -13.4% |
| Trade debts | 44 | €38,249 | €30,169 | -€8,080 | -21.1% |
| Suppliers | 440/4 | €38,249 | €30,169 | -€8,080 | -21.1% |
| Taxes, remuneration and social security | 45 | €5,448 | €7,687 | +€2,239 | +41.1% |
| Taxes | 450/3 | €1,031 | - | -€1,031 | |
| Remuneration and social security | 454/9 | €4,417 | €7,687 | +€3,270 | +74.0% |
| Turnover | 70 | - | €171,142 | +€171,142 | |
| Goods, raw materials, services and sundry goods | 60/61 | €101,992 | €112,295 | +€10,303 | +10.1% |
| Remuneration, social security and pensions | 62 | €47,316 | €53,050 | +€5,734 | +12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,204 | €8,500 | -€703 | -7.6% |
| Other operating charges | 640/8 | €656 | €1,866 | +€1,210 | +184% |
| Non-recurring operating charges | 66A | €3,085 | - | -€3,085 | |
| Gross operating margin | 9900 | €52,519 | €58,848 | +€6,329 | +12.1% |
| Operating profit (loss) | 9901 | -€7,742 | -€4,569 | +€3,173 | +41.0% |
| Financial income | 75/76B | - | €401 | +€401 | |
| Recurring financial income | 75 | - | €401 | +€401 | |
| Financial charges | 65/66B | €132 | €132 | -€0 | -0.1% |
| Recurring financial charges | 65 | €132 | €132 | -€0 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | -€7,874 | -€4,300 | +€3,574 | +45.4% |
| Income taxes | 67/77 | €739 | - | -€739 | |
| Profit (loss) for the period | 9904 | -€8,613 | -€4,300 | +€4,313 | +50.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,613 | -€4,300 | +€4,313 | +50.1% |
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 28 October 2026 via checked.be.