Fvoo: what changed
Fvoo
Largest movements
- Cash -€73,162
down €73,162 (-77.8%), from €94,089 to €20,926
mainly Net result for the year (-€84,930) and Debts after one year (-€69,921)
- Stocks and contracts -€65,500
down €65,500 (-39.3%), from €166,743 to €101,243
- Receivables within one year +€16,573
up €16,573 (+134%), from €12,403 to €28,976
of which Trade receivables: +€21,224
- Tangible fixed assets -€5,445
down €5,445 (-37.3%), from €14,581 to €9,136
of which Furniture and vehicles: -€4,448
- Profit (loss) carried forward -€84,930
down €84,930, from €882 to -€84,048
- Debts after one year -€69,921
down €69,921 (-92.1%), from €75,916 to €5,996
- Other debts +€30,871
new in 2025: €30,871
- Trade debts -€14,957
down €14,957 (-11.4%), from €131,498 to €116,540
- Tax, wage and social debts +€5,642
up €5,642 (+54.5%), from €10,359 to €16,001
of which Remuneration and social security: +€5,017
- Staff costs +€64,429
up €64,429 (+187%), from €34,395 to €98,824
- Other operating charges +€12,756
up €12,756 (+3,035%), from €420 to €13,176
- Gross operating margin -€9,292
down €9,292 (-19.0%), from €48,890 to €39,598
- Financial charges -€3,213
down €3,213 (-31.2%), from €10,298 to €7,085
- Depreciation +€2,696
up €2,696 (+98.1%), from €2,749 to €5,445
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 | €289,966 | €160,282 | -€129,684 | -44.7% |
| Fixed assets | 21/28 | €14,581 | €9,136 | -€5,445 | -37.3% |
| Tangible fixed assets | 22/27 | €14,581 | €9,136 | -€5,445 | -37.3% |
| Plant, machinery and equipment | 23 | €3,857 | €2,860 | -€996 | -25.8% |
| Furniture and vehicles | 24 | €10,724 | €6,276 | -€4,448 | -41.5% |
| Current assets | 29/58 | €275,385 | €151,146 | -€124,240 | -45.1% |
| Stocks and contracts in progress | 3 | €166,743 | €101,243 | -€65,500 | -39.3% |
| Stocks | 30/36 | €166,743 | €101,243 | -€65,500 | -39.3% |
| Amounts receivable within one year | 40/41 | €12,403 | €28,976 | +€16,573 | +134% |
| Trade receivables | 40 | €7,745 | €28,969 | +€21,224 | +274% |
| Other amounts receivable | 41 | €4,658 | €7 | -€4,651 | -99.9% |
| Cash at bank and in hand | 54/58 | €94,089 | €20,926 | -€73,162 | -77.8% |
| Deferred charges and accrued income | 490/1 | €2,150 | - | -€2,150 | |
| Total equity and liabilities | 10/49 | €289,966 | €160,282 | -€129,684 | -44.7% |
| Equity | 10/15 | €5,882 | -€79,048 | -€84,930 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €882 | -€84,048 | -€84,930 | |
| Amounts payable | 17/49 | €284,084 | €239,330 | -€44,754 | -15.8% |
| Amounts payable after more than one year | 17 | €75,916 | €5,996 | -€69,921 | -92.1% |
| Financial debts | 170/4 | €75,916 | €5,996 | -€69,921 | -92.1% |
| Amounts payable within one year | 42/48 | €208,167 | €233,334 | +€25,166 | +12.1% |
| Current portion of amounts payable after more than one year | 42 | €66,311 | €69,921 | +€3,610 | +5.4% |
| Trade debts | 44 | €131,498 | €116,540 | -€14,957 | -11.4% |
| Suppliers | 440/4 | €131,498 | €116,540 | -€14,957 | -11.4% |
| Taxes, remuneration and social security | 45 | €10,359 | €16,001 | +€5,642 | +54.5% |
| Taxes | 450/3 | €1,014 | €1,639 | +€625 | +61.7% |
| Remuneration and social security | 454/9 | €9,345 | €14,363 | +€5,017 | +53.7% |
| Other amounts payable | 47/48 | - | €30,871 | +€30,871 | |
| Remuneration, social security and pensions | 62 | €34,395 | €98,824 | +€64,429 | +187% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,749 | €5,445 | +€2,696 | +98.1% |
| Other operating charges | 640/8 | €420 | €13,176 | +€12,756 | +3,035% |
| Gross operating margin | 9900 | €48,890 | €39,598 | -€9,292 | -19.0% |
| Operating profit (loss) | 9901 | €11,326 | -€77,847 | -€89,173 | |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €10,298 | €7,085 | -€3,213 | -31.2% |
| Recurring financial charges | 65 | €10,298 | €7,085 | -€3,213 | -31.2% |
| Profit (loss) for the period before taxes | 9903 | €1,028 | -€84,930 | -€85,958 | |
| Income taxes | 67/77 | €145 | - | -€145 | |
| Profit (loss) for the period | 9904 | €882 | -€84,930 | -€85,812 | |
| Profit (loss) for the period to be appropriated | 9905 | €882 | -€84,930 | -€85,812 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.