FTC LAWYERS: 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.
FTC LAWYERS
Largest movements
- Cash +€28,775
up €28,775 (+53.6%), from €53,646 to €82,421
mainly Net result for the year (+€44,436) and Depreciation (+€30,762)
- Receivables within one year -€27,083
down €27,083 (-37.2%), from €72,711 to €45,628
of which Trade receivables: -€28,876
- Debts after one year -€31,471
down €31,471 (-6.7%), from €469,945 to €438,474
- Trade debts +€15,470
up €15,470 (+57.9%), from €26,700 to €42,170
- Tax, wage and social debts +€11,714
up €11,714 (+52.7%), from €22,249 to €33,963
of which Taxes: +€14,615
- Taxes +€12,328
up €12,328 (+275%), from €4,480 to €16,808
- Depreciation +€4,545
up €4,545 (+17.3%), from €26,217 to €30,762
- Gross operating margin -€3,965
down €3,965 (-2.3%), from €169,816 to €165,851
- Other operating charges +€2,439
up €2,439 (+534%), from €457 to €2,895
- Staff costs -€1,782
down €1,782 (-3.5%), from €51,123 to €49,341
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 | €681,482 | €681,355 | -€127 | 0.0% |
| Fixed assets | 21/28 | €552,029 | €548,376 | -€3,652 | -0.7% |
| Tangible fixed assets | 22/27 | €552,029 | €548,376 | -€3,652 | -0.7% |
| Land and buildings | 22 | €540,965 | €513,631 | -€27,334 | -5.1% |
| Plant, machinery and equipment | 23 | €10,589 | €18,612 | +€8,023 | +75.8% |
| Furniture and vehicles | 24 | €475 | €16,133 | +€15,658 | +3,298% |
| Current assets | 29/58 | €129,453 | €132,979 | +€3,526 | +2.7% |
| Amounts receivable within one year | 40/41 | €72,711 | €45,628 | -€27,083 | -37.2% |
| Trade receivables | 40 | €72,711 | €43,835 | -€28,876 | -39.7% |
| Other amounts receivable | 41 | - | €1,793 | +€1,793 | |
| Cash at bank and in hand | 54/58 | €53,646 | €82,421 | +€28,775 | +53.6% |
| Deferred charges and accrued income | 490/1 | €3,096 | €4,929 | +€1,833 | +59.2% |
| Total equity and liabilities | 10/49 | €681,482 | €681,355 | -€127 | 0.0% |
| Equity | 10/15 | €86,848 | €91,285 | +€4,436 | +5.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €80,648 | €85,085 | +€4,436 | +5.5% |
| Distributable reserves | 133 | €80,648 | €85,085 | +€4,436 | +5.5% |
| Amounts payable | 17/49 | €594,634 | €590,070 | -€4,563 | -0.8% |
| Amounts payable after more than one year | 17 | €469,945 | €438,474 | -€31,471 | -6.7% |
| Financial debts | 170/4 | €469,945 | €438,474 | -€31,471 | -6.7% |
| Amounts payable within one year | 42/48 | €124,689 | €151,596 | +€26,907 | +21.6% |
| Current portion of amounts payable after more than one year | 42 | €30,240 | €31,471 | +€1,230 | +4.1% |
| Trade debts | 44 | €26,700 | €42,170 | +€15,470 | +57.9% |
| Suppliers | 440/4 | €26,700 | €42,170 | +€15,470 | +57.9% |
| Taxes, remuneration and social security | 45 | €22,249 | €33,963 | +€11,714 | +52.7% |
| Taxes | 450/3 | €12,916 | €27,531 | +€14,615 | +113% |
| Remuneration and social security | 454/9 | €9,333 | €6,432 | -€2,901 | -31.1% |
| Other amounts payable | 47/48 | €45,500 | €43,993 | -€1,507 | -3.3% |
| Remuneration, social security and pensions | 62 | €51,123 | €49,341 | -€1,782 | -3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,217 | €30,762 | +€4,545 | +17.3% |
| Other operating charges | 640/8 | €457 | €2,895 | +€2,439 | +534% |
| Gross operating margin | 9900 | €169,816 | €165,851 | -€3,965 | -2.3% |
| Operating profit (loss) | 9901 | €92,019 | €82,852 | -€9,167 | -10.0% |
| Financial income | 75/76B | €0 | €20 | +€20 | +4,248% |
| Recurring financial income | 75 | €0 | €20 | +€20 | +4,248% |
| Financial charges | 65/66B | €20,935 | €21,628 | +€693 | +3.3% |
| Recurring financial charges | 65 | €20,935 | €21,628 | +€693 | +3.3% |
| Profit (loss) for the period before taxes | 9903 | €71,084 | €61,245 | -€9,840 | -13.8% |
| Income taxes | 67/77 | €4,480 | €16,808 | +€12,328 | +275% |
| Profit (loss) for the period | 9904 | €66,604 | €44,436 | -€22,168 | -33.3% |
| Profit (loss) for the period to be appropriated | 9905 | €66,604 | €44,436 | -€22,168 | -33.3% |
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.