FTO ENGINEERING CONSULT: what changed
Two fiscal 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.
FTO ENGINEERING CONSULT
Largest movements
- Cash -€24,034
down €24,034 (-18.7%), from €128,857 to €104,823
mainly Other debts (-€26,614) and Tax, wage and social debts (-€17,726)
- Tangible fixed assets -€3,002
down €3,002 (-26.9%), from €11,152 to €8,150
- Receivables within one year -€2,925
down €2,925 (-17.0%), from €17,176 to €14,251
- Other debts -€26,614
down €26,614 (-57.3%), from €46,442 to €19,828
- Tax, wage and social debts -€17,726
down €17,726 (-64.7%), from €27,403 to €9,677
- Profit (loss) carried forward +€16,753
up €16,753 (+21.5%), from €77,913 to €94,666
- Trade debts -€2,400
down €2,400 (-62.6%), from €3,834 to €1,434
- Gross operating margin -€12,551
down €12,551 (-34.1%), from €36,852 to €24,302
- Taxes -€2,566
down €2,566 (-37.4%), from €6,854 to €4,288
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.
Cash bridge derived
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 | €158,092 | €128,105 | -€29,987 | -19.0% |
| Fixed assets | 21/28 | €11,152 | €8,150 | -€3,002 | -26.9% |
| Tangible fixed assets | 22/27 | €11,152 | €8,150 | -€3,002 | -26.9% |
| Furniture and vehicles | 24 | €11,152 | €8,150 | -€3,002 | -26.9% |
| Current assets | 29/58 | €146,941 | €119,955 | -€26,985 | -18.4% |
| Amounts receivable within one year | 40/41 | €17,176 | €14,251 | -€2,925 | -17.0% |
| Trade receivables | 40 | €17,176 | €14,251 | -€2,925 | -17.0% |
| Cash at bank and in hand | 54/58 | €128,857 | €104,823 | -€24,034 | -18.7% |
| Deferred charges and accrued income | 490/1 | €908 | €881 | -€26 | -2.9% |
| Total equity and liabilities | 10/49 | €158,092 | €128,105 | -€29,987 | -19.0% |
| Equity | 10/15 | €80,413 | €97,166 | +€16,753 | +20.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €77,913 | €94,666 | +€16,753 | +21.5% |
| Amounts payable | 17/49 | €77,679 | €30,939 | -€46,740 | -60.2% |
| Amounts payable within one year | 42/48 | €77,679 | €30,939 | -€46,740 | -60.2% |
| Trade debts | 44 | €3,834 | €1,434 | -€2,400 | -62.6% |
| Suppliers | 440/4 | €3,834 | €1,434 | -€2,400 | -62.6% |
| Taxes, remuneration and social security | 45 | €27,403 | €9,677 | -€17,726 | -64.7% |
| Taxes | 450/3 | €27,403 | €9,677 | -€17,726 | -64.7% |
| Other amounts payable | 47/48 | €46,442 | €19,828 | -€26,614 | -57.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,002 | €3,002 | = | 0.0% |
| Other operating charges | 640/8 | €106 | €106 | = | 0.0% |
| Gross operating margin | 9900 | €36,852 | €24,302 | -€12,551 | -34.1% |
| Operating profit (loss) | 9901 | €33,744 | €21,194 | -€12,551 | -37.2% |
| Financial charges | 65/66B | €32 | €153 | +€121 | +382.3% |
| Recurring financial charges | 65 | €32 | €153 | +€121 | +382.3% |
| Profit (loss) for the period before taxes | 9903 | €33,713 | €21,041 | -€12,672 | -37.6% |
| Income taxes | 67/77 | €6,854 | €4,288 | -€2,566 | -37.4% |
| Profit (loss) for the period | 9904 | €26,859 | €16,753 | -€10,106 | -37.6% |
| Profit (loss) for the period to be appropriated | 9905 | €26,859 | €16,753 | -€10,106 | -37.6% |
Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.