FTH.PARS: 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.
FTH.PARS
Largest movements
- Tangible fixed assets -€4,171
down €4,171 (-38.3%), from €10,881 to €6,710
of which Furniture and vehicles: -€3,754
- Receivables within one year -€2,489
down €2,489 (-25.7%), from €9,701 to €7,212
of which Trade receivables: -€2,698
- Cash -€2,001
down €2,001 (-40.4%), from €4,947 to €2,946
- Trade debts -€5,341
down €5,341 (-94.0%), from €5,681 to €340
- Profit (loss) carried forward -€5,268
new in 2025: -€5,268
- Tax, wage and social debts +€4,249
up €4,249 (+120%), from €3,539 to €7,788
of which Remuneration and social security: +€6,812
- Other debts -€2,391
down €2,391 (-67.5%), from €3,544 to €1,153
- Turnover +€58,417
new in 2025: €58,417
- Purchases and services -€6,643
down €6,643 (-11.5%), from €57,557 to €50,914
- Taxes -€913
no longer reported in 2025 (was €913)
- Other operating charges +€709
up €709 (+263%), from €270 to €979
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €25,998 | €17,246 | -€8,752 | -33.7% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €10,881 | €6,710 | -€4,171 | -38.3% |
| Tangible fixed assets | 22/27 | €10,881 | €6,710 | -€4,171 | -38.3% |
| Plant, machinery and equipment | 23 | €1,964 | €1,547 | -€417 | -21.2% |
| Furniture and vehicles | 24 | €8,917 | €5,163 | -€3,754 | -42.1% |
| Current assets | 29/58 | €15,117 | €10,536 | -€4,581 | -30.3% |
| Amounts receivable within one year | 40/41 | €9,701 | €7,212 | -€2,489 | -25.7% |
| Trade receivables | 40 | €9,218 | €6,520 | -€2,698 | -29.3% |
| Other amounts receivable | 41 | €483 | €692 | +€209 | +43.4% |
| Cash at bank and in hand | 54/58 | €4,947 | €2,946 | -€2,001 | -40.4% |
| Deferred charges and accrued income | 490/1 | €469 | €377 | -€92 | -19.6% |
| Total equity and liabilities | 10/49 | €25,998 | €17,246 | -€8,752 | -33.7% |
| Equity | 10/15 | €13,234 | €7,966 | -€5,268 | -39.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €12,234 | €12,234 | -€0 | 0.0% |
| Distributable reserves | 133 | €12,234 | €12,234 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | - | -€5,268 | -€5,268 | |
| Amounts payable | 17/49 | €12,764 | €9,281 | -€3,483 | -27.3% |
| Amounts payable within one year | 42/48 | €12,764 | €9,281 | -€3,483 | -27.3% |
| Trade debts | 44 | €5,681 | €340 | -€5,341 | -94.0% |
| Suppliers | 440/4 | €5,681 | €340 | -€5,341 | -94.0% |
| Taxes, remuneration and social security | 45 | €3,539 | €7,788 | +€4,249 | +120% |
| Taxes | 450/3 | €3,539 | €976 | -€2,563 | -72.4% |
| Remuneration and social security | 454/9 | - | €6,812 | +€6,812 | |
| Other amounts payable | 47/48 | €3,544 | €1,153 | -€2,391 | -67.5% |
| Turnover | 70 | - | €58,417 | +€58,417 | |
| Goods, raw materials, services and sundry goods | 60/61 | €57,557 | €50,914 | -€6,643 | -11.5% |
| Remuneration, social security and pensions | 62 | - | €424 | +€424 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,813 | €3,310 | +€497 | +17.7% |
| Other operating charges | 640/8 | €270 | €979 | +€709 | +263% |
| Gross operating margin | 9900 | €7,767 | €7,503 | -€264 | -3.4% |
| Operating profit (loss) | 9901 | €4,684 | €2,790 | -€1,894 | -40.4% |
| Financial income | 75/76B | €29 | €2 | -€28 | -94.8% |
| Recurring financial income | 75 | €29 | €2 | -€28 | -94.8% |
| Financial charges | 65/66B | €69 | €84 | +€15 | +21.2% |
| Recurring financial charges | 65 | €69 | €84 | +€15 | +21.2% |
| Profit (loss) for the period before taxes | 9903 | €4,644 | €2,707 | -€1,937 | -41.7% |
| Income taxes | 67/77 | €913 | - | -€913 | |
| Profit (loss) for the period | 9904 | €3,731 | €2,707 | -€1,024 | -27.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,731 | €2,707 | -€1,024 | -27.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.