FTM Nutri Services: 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.
FTM Nutri Services
Largest movements
- Receivables within one year -€254,731
down €254,731 (-52.7%), from €483,232 to €228,502
of which Trade receivables: -€267,047
- Deferred charges and accrued income +€88,583
up €88,583 (+4,249%), from €2,085 to €90,668
- Stocks and contracts -€53,076
down €53,076 (-8.3%), from €640,536 to €587,460
- Cash +€40,998
up €40,998 (+73.9%), from €55,459 to €96,457
mainly Receivables within one year (+€254,731) and Stocks and contracts (+€53,076)
- Trade debts -€83,884
down €83,884 (-21.5%), from €389,506 to €305,622
- Profit (loss) carried forward -€69,193
down €69,193 (-42.7%), from €162,013 to €92,820
- Short-term financial debts -€66,736
down €66,736 (-12.8%), from €520,513 to €453,777
- Debts after one year +€30,253
new in 2025: €30,253
- Tax, wage and social debts -€21,211
down €21,211 (-58.9%), from €35,983 to €14,772
of which Taxes: -€12,092
- Gross operating margin -€86,056
down €86,056 (-38.0%), from €226,257 to €140,200
- Purchases and services +€43,950
up €43,950 (+1.3%), from €3.3m to €3.3m
- Turnover -€42,873
down €42,873 (-1.2%), from €3.5m to €3.4m
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 | €1,218,664 | €1,030,045 | -€188,620 | -15.5% |
| Fixed assets | 21/28 | €37,352 | €26,959 | -€10,393 | -27.8% |
| Intangible fixed assets | 21 | €878 | €174 | -€704 | -80.2% |
| Tangible fixed assets | 22/27 | €24,008 | €14,319 | -€9,689 | -40.4% |
| Plant, machinery and equipment | 23 | €7,639 | €4,183 | -€3,456 | -45.2% |
| Furniture and vehicles | 24 | €5,425 | €949 | -€4,476 | -82.5% |
| Other tangible fixed assets | 26 | €10,944 | €9,187 | -€1,757 | -16.1% |
| Financial fixed assets | 28 | €12,466 | €12,466 | = | 0.0% |
| Current assets | 29/58 | €1,181,312 | €1,003,086 | -€178,226 | -15.1% |
| Stocks and contracts in progress | 3 | €640,536 | €587,460 | -€53,076 | -8.3% |
| Stocks | 30/36 | €640,536 | €587,460 | -€53,076 | -8.3% |
| Amounts receivable within one year | 40/41 | €483,232 | €228,502 | -€254,731 | -52.7% |
| Trade receivables | 40 | €469,009 | €201,962 | -€267,047 | -56.9% |
| Other amounts receivable | 41 | €14,223 | €26,540 | +€12,316 | +86.6% |
| Cash at bank and in hand | 54/58 | €55,459 | €96,457 | +€40,998 | +73.9% |
| Deferred charges and accrued income | 490/1 | €2,085 | €90,668 | +€88,583 | +4,249% |
| Total equity and liabilities | 10/49 | €1,218,664 | €1,030,045 | -€188,620 | -15.5% |
| Equity | 10/15 | €182,473 | €113,280 | -€69,193 | -37.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €162,013 | €92,820 | -€69,193 | -42.7% |
| Amounts payable | 17/49 | €1,036,191 | €916,764 | -€119,427 | -11.5% |
| Amounts payable after more than one year | 17 | - | €30,253 | +€30,253 | |
| Financial debts | 170/4 | - | €30,253 | +€30,253 | |
| Amounts payable within one year | 42/48 | €1,036,073 | €886,511 | -€149,562 | -14.4% |
| Current portion of amounts payable after more than one year | 42 | €15,422 | €24,689 | +€9,267 | +60.1% |
| Financial debts | 43 | €520,513 | €453,777 | -€66,736 | -12.8% |
| Credit institutions | 430/8 | €520,513 | €453,777 | -€66,736 | -12.8% |
| Trade debts | 44 | €389,506 | €305,622 | -€83,884 | -21.5% |
| Suppliers | 440/4 | €389,506 | €305,622 | -€83,884 | -21.5% |
| Taxes, remuneration and social security | 45 | €35,983 | €14,772 | -€21,211 | -58.9% |
| Taxes | 450/3 | €16,930 | €4,839 | -€12,092 | -71.4% |
| Remuneration and social security | 454/9 | €19,053 | €9,933 | -€9,119 | -47.9% |
| Other amounts payable | 47/48 | €74,649 | €87,651 | +€13,002 | +17.4% |
| Accrued charges and deferred income | 492/3 | €118 | - | -€118 | |
| Turnover | 70 | €3,482,175 | €3,439,303 | -€42,873 | -1.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €3,267,868 | €3,311,817 | +€43,950 | +1.3% |
| Remuneration, social security and pensions | 62 | €129,256 | €123,623 | -€5,633 | -4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,506 | €10,393 | -€113 | -1.1% |
| Other operating charges | 640/8 | €14,275 | €25,151 | +€10,875 | +76.2% |
| Gross operating margin | 9900 | €226,257 | €140,200 | -€86,056 | -38.0% |
| Operating profit (loss) | 9901 | €72,219 | -€18,967 | -€91,186 | |
| Financial income | 75/76B | €51 | €350 | +€300 | +593% |
| Recurring financial income | 75 | €51 | €350 | +€300 | +593% |
| Financial charges | 65/66B | €56,897 | €48,677 | -€8,221 | -14.4% |
| Recurring financial charges | 65 | €56,897 | €48,677 | -€8,221 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | €15,373 | -€67,293 | -€82,666 | |
| Income taxes | 67/77 | €6,322 | €1,900 | -€4,422 | -69.9% |
| Profit (loss) for the period | 9904 | €9,051 | -€69,193 | -€78,244 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,051 | -€69,193 | -€78,244 |
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 19 October 2026 via checked.be.