FV Entreprise: what changed
FV Entreprise
Largest movements
- Cash -€20,835
down €20,835 (-94.0%), from €22,169 to €1,334
mainly Net result for the year (-€41,554) and Trade debts (-€2,745)
- Receivables within one year -€5,765
down €5,765 (-30.2%), from €19,090 to €13,325
of which Other amounts receivable: -€7,525
- Tangible fixed assets -€5,048
down €5,048 (-3.0%), from €166,429 to €161,381
of which Furniture and vehicles: -€4,285
- Profit (loss) carried forward -€41,554
down €41,554 (-29.1%), from €142,859 to €101,305
- Other debts +€14,251
new in 2025: €14,251
- Trade debts -€2,745
down €2,745 (-63.8%), from €4,304 to €1,559
- Gross operating margin -€47,883
down €47,883, from €10,649 to -€37,235
- Taxes -€3,341
down €3,341 (-96.5%), from €3,464 to €123
- Depreciation +€436
up €436 (+14.0%), from €3,121 to €3,557
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €207,713 | €178,069 | -€29,644 | -14.3% |
| Fixed assets | 21/28 | €166,429 | €163,410 | -€3,018 | -1.8% |
| Intangible fixed assets | 21 | - | €2,030 | +€2,030 | |
| Tangible fixed assets | 22/27 | €166,429 | €161,381 | -€5,048 | -3.0% |
| Land and buildings | 22 | €154,143 | €154,143 | = | 0.0% |
| Furniture and vehicles | 24 | €6,924 | €2,640 | -€4,285 | -61.9% |
| Other tangible fixed assets | 26 | €5,362 | €4,599 | -€763 | -14.2% |
| Current assets | 29/58 | €41,284 | €14,659 | -€26,625 | -64.5% |
| Amounts receivable within one year | 40/41 | €19,090 | €13,325 | -€5,765 | -30.2% |
| Trade receivables | 40 | - | €1,760 | +€1,760 | |
| Other amounts receivable | 41 | €19,090 | €11,565 | -€7,525 | -39.4% |
| Cash at bank and in hand | 54/58 | €22,169 | €1,334 | -€20,835 | -94.0% |
| Deferred charges and accrued income | 490/1 | €25 | - | -€25 | |
| Total equity and liabilities | 10/49 | €207,713 | €178,069 | -€29,644 | -14.3% |
| Equity | 10/15 | €203,409 | €161,855 | -€41,554 | -20.4% |
| Contributions | 10/11 | €550 | €550 | = | 0.0% |
| Reserves | 13 | €60,000 | €60,000 | = | 0.0% |
| Distributable reserves | 133 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €142,859 | €101,305 | -€41,554 | -29.1% |
| Amounts payable | 17/49 | €4,304 | €16,214 | +€11,910 | +277% |
| Amounts payable within one year | 42/48 | €4,304 | €16,214 | +€11,910 | +277% |
| Financial debts | 43 | - | €282 | +€282 | |
| Credit institutions | 430/8 | - | €282 | +€282 | |
| Trade debts | 44 | €4,304 | €1,559 | -€2,745 | -63.8% |
| Suppliers | 440/4 | €4,304 | €1,559 | -€2,745 | -63.8% |
| Taxes, remuneration and social security | 45 | - | €123 | +€123 | |
| Taxes | 450/3 | - | €123 | +€123 | |
| Other amounts payable | 47/48 | - | €14,251 | +€14,251 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,121 | €3,557 | +€436 | +14.0% |
| Other operating charges | 640/8 | €397 | €300 | -€97 | -24.5% |
| Non-recurring operating charges | 66A | €148 | - | -€148 | |
| Gross operating margin | 9900 | €10,649 | -€37,235 | -€47,883 | |
| Operating profit (loss) | 9901 | €6,984 | -€41,091 | -€48,075 | |
| Financial income | 75/76B | €184 | - | -€184 | |
| Recurring financial income | 75 | €184 | - | -€184 | |
| Financial charges | 65/66B | €553 | €340 | -€213 | -38.5% |
| Recurring financial charges | 65 | €553 | €340 | -€213 | -38.5% |
| Profit (loss) for the period before taxes | 9903 | €6,615 | -€41,431 | -€48,046 | |
| Income taxes | 67/77 | €3,464 | €123 | -€3,341 | -96.5% |
| Profit (loss) for the period | 9904 | €3,151 | -€41,554 | -€44,705 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,151 | -€41,554 | -€44,705 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.