FP MANAGEMENT: 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.
FP MANAGEMENT
Largest movements
- Cash +€65,347
up €65,347 (+8,717%), from €750 to €66,096
mainly Net result for the year (+€68,027) and Advances received (+€58,685)
- Receivables within one year +€40,898
up €40,898 (+538%), from €7,603 to €48,500
of which Trade receivables: +€40,950
- Profit (loss) carried forward +€68,027
up €68,027 (+278%), from €24,494 to €92,522
- Advances received +€58,685
new in 2025: €58,685
- Debts after one year -€29,093
down €29,093 (-33.7%), from €86,273 to €57,180
- Other debts +€21,135
up €21,135 (+10.8%), from €195,582 to €216,718
- Trade debts -€6,379
down €6,379 (-71.5%), from €8,918 to €2,539
- Gross operating margin +€76,914
up €76,914 (+183%), from €42,037 to €118,951
- Taxes +€18,923
new in 2025: €18,923
- Staff costs -€11,514
down €11,514 (-29.5%), from €38,983 to €27,469
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 | €418,814 | €527,348 | +€108,534 | +25.9% |
| Fixed assets | 21/28 | €410,000 | €412,751 | +€2,751 | +0.7% |
| Tangible fixed assets | 22/27 | - | €2,751 | +€2,751 | |
| Furniture and vehicles | 24 | - | €2,751 | +€2,751 | |
| Financial fixed assets | 28 | €410,000 | €410,000 | = | 0.0% |
| Current assets | 29/58 | €8,814 | €114,596 | +€105,783 | +1,200% |
| Amounts receivable within one year | 40/41 | €7,603 | €48,500 | +€40,898 | +538% |
| Trade receivables | 40 | €7,550 | €48,500 | +€40,950 | +542% |
| Other amounts receivable | 41 | €53 | - | -€53 | |
| Cash at bank and in hand | 54/58 | €750 | €66,096 | +€65,347 | +8,717% |
| Deferred charges and accrued income | 490/1 | €461 | - | -€461 | |
| Total equity and liabilities | 10/49 | €418,814 | €527,348 | +€108,534 | +25.9% |
| Equity | 10/15 | €64,494 | €132,522 | +€68,027 | +105% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,494 | €92,522 | +€68,027 | +278% |
| Amounts payable | 17/49 | €354,319 | €394,826 | +€40,507 | +11.4% |
| Amounts payable after more than one year | 17 | €86,273 | €57,180 | -€29,093 | -33.7% |
| Financial debts | 170/4 | €86,273 | €57,180 | -€29,093 | -33.7% |
| Amounts payable within one year | 42/48 | €268,046 | €337,646 | +€69,600 | +26.0% |
| Current portion of amounts payable after more than one year | 42 | €28,596 | €29,093 | +€497 | +1.7% |
| Trade debts | 44 | €8,918 | €2,539 | -€6,379 | -71.5% |
| Suppliers | 440/4 | €8,918 | €2,539 | -€6,379 | -71.5% |
| Advances received on contracts in progress | 46 | - | €58,685 | +€58,685 | |
| Taxes, remuneration and social security | 45 | €34,950 | €30,612 | -€4,338 | -12.4% |
| Taxes | 450/3 | €23,414 | €15,115 | -€8,300 | -35.4% |
| Remuneration and social security | 454/9 | €11,536 | €15,497 | +€3,961 | +34.3% |
| Other amounts payable | 47/48 | €195,582 | €216,718 | +€21,135 | +10.8% |
| Remuneration, social security and pensions | 62 | €38,983 | €27,469 | -€11,514 | -29.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €249 | +€249 | |
| Other operating charges | 640/8 | - | €1,140 | +€1,140 | |
| Gross operating margin | 9900 | €42,037 | €118,951 | +€76,914 | +183% |
| Operating profit (loss) | 9901 | €3,053 | €90,093 | +€87,040 | +2,851% |
| Financial income | 75/76B | - | €42 | +€42 | |
| Recurring financial income | 75 | - | €42 | +€42 | |
| Financial charges | 65/66B | €2,492 | €3,185 | +€693 | +27.8% |
| Recurring financial charges | 65 | €2,492 | €3,185 | +€693 | +27.8% |
| Profit (loss) for the period before taxes | 9903 | €561 | €86,950 | +€86,389 | +15,399% |
| Income taxes | 67/77 | - | €18,923 | +€18,923 | |
| Profit (loss) for the period | 9904 | €561 | €68,027 | +€67,466 | +12,026% |
| Profit (loss) for the period to be appropriated | 9905 | €561 | €68,027 | +€67,466 | +12,026% |
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 20 October 2026 via checked.be.