FDH sprl: 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.
FDH sprl
Largest movements
- Cash +€25,649
up €25,649 (+10.3%), from €249,942 to €275,591
mainly Net result for the year (+€34,336) and Depreciation (+€10,596)
- Tangible fixed assets -€10,596
down €10,596 (-21.2%), from €50,076 to €39,480
of which Furniture and vehicles: -€10,596
- Reserves +€34,336
up €34,336 (+23.3%), from €147,458 to €181,794
of which Distributable reserves: +€34,336
- Other debts -€20,055
down €20,055 (-20.5%), from €97,946 to €77,891
- Gross operating margin -€38,982
down €38,982 (-36.2%), from €107,820 to €68,838
- Taxes -€14,160
down €14,160 (-44.8%), from €31,591 to €17,431
- Depreciation +€7,147
up €7,147 (+207%), from €3,449 to €10,596
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 | €310,093 | €323,635 | +€13,542 | +4.4% |
| Fixed assets | 21/28 | €50,076 | €39,480 | -€10,596 | -21.2% |
| Tangible fixed assets | 22/27 | €50,076 | €39,480 | -€10,596 | -21.2% |
| Furniture and vehicles | 24 | €50,076 | €39,480 | -€10,596 | -21.2% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €260,016 | €284,155 | +€24,138 | +9.3% |
| Amounts receivable within one year | 40/41 | €2,691 | €33 | -€2,658 | -98.8% |
| Trade receivables | 40 | €2,691 | €33 | -€2,658 | -98.8% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €5,000 | €5,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €249,942 | €275,591 | +€25,649 | +10.3% |
| Deferred charges and accrued income | 490/1 | €2,384 | €3,531 | +€1,147 | +48.1% |
| Total equity and liabilities | 10/49 | €310,093 | €323,635 | +€13,542 | +4.4% |
| Equity | 10/15 | €204,235 | €238,571 | +€34,336 | +16.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €147,458 | €181,794 | +€34,336 | +23.3% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €145,598 | €179,935 | +€34,336 | +23.6% |
| Profit (loss) carried forward | 14 | €38,185 | €38,185 | = | 0.0% |
| Amounts payable | 17/49 | €105,858 | €85,064 | -€20,794 | -19.6% |
| Amounts payable within one year | 42/48 | €105,138 | €84,308 | -€20,829 | -19.8% |
| Trade debts | 44 | - | €1,341 | +€1,341 | |
| Suppliers | 440/4 | - | €1,341 | +€1,341 | |
| Taxes, remuneration and social security | 45 | €7,192 | €5,077 | -€2,115 | -29.4% |
| Taxes | 450/3 | €7,192 | €5,077 | -€2,115 | -29.4% |
| Other amounts payable | 47/48 | €97,946 | €77,891 | -€20,055 | -20.5% |
| Accrued charges and deferred income | 492/3 | €721 | €756 | +€35 | +4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,449 | €10,596 | +€7,147 | +207% |
| Other operating charges | 640/8 | €1,377 | €2,067 | +€689 | +50.0% |
| Gross operating margin | 9900 | €107,820 | €68,838 | -€38,982 | -36.2% |
| Operating profit (loss) | 9901 | €102,994 | €56,175 | -€46,818 | -45.5% |
| Financial income | 75/76B | €1,532 | €1,990 | +€459 | +29.9% |
| Recurring financial income | 75 | €1,532 | €1,990 | +€459 | +29.9% |
| Financial charges | 65/66B | €7,176 | €6,398 | -€778 | -10.8% |
| Recurring financial charges | 65 | €7,176 | €6,398 | -€778 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €97,349 | €51,767 | -€45,582 | -46.8% |
| Income taxes | 67/77 | €31,591 | €17,431 | -€14,160 | -44.8% |
| Profit (loss) for the period | 9904 | €65,758 | €34,336 | -€31,421 | -47.8% |
| Profit (loss) for the period to be appropriated | 9905 | €65,758 | €34,336 | -€31,421 | -47.8% |
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 15 October 2026 via checked.be.