FTB 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.
FTB COMPANY
Largest movements
- Tangible fixed assets +€18,001
up €18,001 (+138%), from €13,022 to €31,023
- Cash -€10,877
down €10,877 (-73.9%), from €14,714 to €3,837
mainly Investment in fixed assets (net) (-€33,881) and Net result for the year (-€7,134)
- Other debts +€13,215
up €13,215 (+1,888%), from €700 to €13,915
- Profit (loss) carried forward -€7,133
down €7,133 (-38.8%), from €18,377 to €11,244
- Tax, wage and social debts +€1,070
up €1,070 (+31.4%), from €3,407 to €4,477
- Taxes -€6,799
down €6,799 (-99.6%), from €6,827 to €28
- Gross operating margin -€6,439
down €6,439 (-32.5%), from €19,823 to €13,384
- Other operating charges +€3,448
up €3,448 (+360%), from €959 to €4,407
- Depreciation +€1,623
up €1,623 (+11.4%), from €14,257 to €15,880
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 | €27,736 | €34,860 | +€7,124 | +25.7% |
| Fixed assets | 21/28 | €13,022 | €31,023 | +€18,001 | +138% |
| Tangible fixed assets | 22/27 | €13,022 | €31,023 | +€18,001 | +138% |
| Furniture and vehicles | 24 | €13,022 | €31,023 | +€18,001 | +138% |
| Current assets | 29/58 | €14,714 | €3,837 | -€10,877 | -73.9% |
| Cash at bank and in hand | 54/58 | €14,714 | €3,837 | -€10,877 | -73.9% |
| Total equity and liabilities | 10/49 | €27,736 | €34,860 | +€7,124 | +25.7% |
| Equity | 10/15 | €23,377 | €16,244 | -€7,133 | -30.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,377 | €11,244 | -€7,133 | -38.8% |
| Amounts payable | 17/49 | €4,359 | €18,616 | +€14,257 | +327% |
| Amounts payable within one year | 42/48 | €4,359 | €18,616 | +€14,257 | +327% |
| Trade debts | 44 | €252 | €224 | -€28 | -11.1% |
| Suppliers | 440/4 | €252 | €224 | -€28 | -11.1% |
| Taxes, remuneration and social security | 45 | €3,407 | €4,477 | +€1,070 | +31.4% |
| Taxes | 450/3 | €3,407 | €4,477 | +€1,070 | +31.4% |
| Other amounts payable | 47/48 | €700 | €13,915 | +€13,215 | +1,888% |
| Non-recurring operating income | 76A | €1,440 | €130 | -€1,310 | -91.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,257 | €15,880 | +€1,623 | +11.4% |
| Other operating charges | 640/8 | €959 | €4,407 | +€3,448 | +360% |
| Gross operating margin | 9900 | €19,823 | €13,384 | -€6,439 | -32.5% |
| Operating profit (loss) | 9901 | €4,607 | -€6,903 | -€11,510 | |
| Financial charges | 65/66B | €278 | €203 | -€75 | -27.0% |
| Recurring financial charges | 65 | €278 | €203 | -€75 | -27.0% |
| Profit (loss) for the period before taxes | 9903 | €4,329 | -€7,106 | -€11,435 | |
| Income taxes | 67/77 | €6,827 | €28 | -€6,799 | -99.6% |
| Profit (loss) for the period | 9904 | -€2,498 | -€7,134 | -€4,636 | -186% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,498 | -€7,134 | -€4,636 | -186% |
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 29 October 2026 via checked.be.