FWR SERVICES: 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.
FWR SERVICES
Largest movements
- Cash -€1,541
down €1,541 (-19.0%), from €8,095 to €6,554
mainly Other debts (-€5,061) and Tax, wage and social debts (-€302)
- Deferred charges and accrued income -€201
no longer reported in 2025 (was €201)
- Intangible fixed assets -€200
down €200 (-20.1%), from €995 to €795
- Receivables within one year +€136
new in 2025: €136
- Other debts -€5,061
down €5,061 (-78.6%), from €6,438 to €1,377
- Trade debts +€3,435
up €3,435 (+331.6%), from €1,036 to €4,471
- Tax, wage and social debts -€302
down €302 (-20.0%), from €1,511 to €1,209
- Profit (loss) carried forward +€122
up €122 (+3.4%), from -€3,556 to -€3,434
- Gross operating margin +€2,503
up €2,503, from -€1,831 to €672
- Taxes -€368
no longer reported in 2025 (was €368)
- Financial charges -€343
down €343 (-74.9%), from €458 to €115
- Depreciation +€195
up €195 (+3900.0%), from €5 to €200
- Other operating charges +€39
up €39 (+19.6%), from €199 to €238
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 | €9,429 | €7,623 | -€1,806 | -19.2% |
| Fixed assets | 21/28 | €1,133 | €933 | -€200 | -17.7% |
| Intangible fixed assets | 21 | €995 | €795 | -€200 | -20.1% |
| Financial fixed assets | 28 | €138 | €138 | = | 0.0% |
| Current assets | 29/58 | €8,296 | €6,690 | -€1,606 | -19.4% |
| Amounts receivable within one year | 40/41 | - | €136 | +€136 | |
| Trade receivables | 40 | - | €136 | +€136 | |
| Cash at bank and in hand | 54/58 | €8,095 | €6,554 | -€1,541 | -19.0% |
| Deferred charges and accrued income | 490/1 | €201 | - | -€201 | |
| Total equity and liabilities | 10/49 | €9,429 | €7,623 | -€1,806 | -19.2% |
| Equity | 10/15 | €444 | €566 | +€122 | +27.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,556 | -€3,434 | +€122 | +3.4% |
| Amounts payable | 17/49 | €8,985 | €7,057 | -€1,928 | -21.5% |
| Amounts payable within one year | 42/48 | €8,985 | €7,057 | -€1,928 | -21.5% |
| Trade debts | 44 | €1,036 | €4,471 | +€3,435 | +331.6% |
| Suppliers | 440/4 | €1,036 | €4,471 | +€3,435 | +331.6% |
| Taxes, remuneration and social security | 45 | €1,511 | €1,209 | -€302 | -20.0% |
| Taxes | 450/3 | €1,511 | €1,209 | -€302 | -20.0% |
| Other amounts payable | 47/48 | €6,438 | €1,377 | -€5,061 | -78.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5 | €200 | +€195 | +3900.0% |
| Other operating charges | 640/8 | €199 | €238 | +€39 | +19.6% |
| Gross operating margin | 9900 | -€1,831 | €672 | +€2,503 | |
| Operating profit (loss) | 9901 | -€2,035 | €234 | +€2,269 | |
| Financial income | 75/76B | €1 | €3 | +€2 | +200.0% |
| Recurring financial income | 75 | €1 | €3 | +€2 | +200.0% |
| Financial charges | 65/66B | €458 | €115 | -€343 | -74.9% |
| Recurring financial charges | 65 | €458 | €115 | -€343 | -74.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,492 | €122 | +€2,614 | |
| Income taxes | 67/77 | €368 | - | -€368 | |
| Profit (loss) for the period | 9904 | -€2,860 | €122 | +€2,982 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,860 | €122 | +€2,982 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.