FC 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.
FC Management
Largest movements
- Receivables within one year +€126,538
up €126,538 (+36.9%), from €342,674 to €469,212
of which Trade receivables: +€110,600
- Profit (loss) carried forward -€127,360
down €127,360, from €87,243 to -€40,117
- Tax, wage and social debts +€119,724
up €119,724 (+191%), from €62,821 to €182,545
of which Taxes: +€126,797
- Debts after one year +€95,454
up €95,454 (+66.0%), from €144,700 to €240,154
of which Financial debts: +€95,454
- Current portion of long-term debt +€22,037
up €22,037 (+54.2%), from €40,690 to €62,726
- Contributions +€20,000
up €20,000 (+2,000%), from €1,000 to €21,000
- Gross operating margin -€197,249
down €197,249, from €127,261 to -€69,988
- Taxes -€13,962
down €13,962 (-100%), from €13,962 to €0
- Staff costs -€3,843
down €3,843 (-7.3%), from €52,698 to €48,855
- Other operating charges -€2,837
down €2,837 (-64.1%), from €4,425 to €1,588
- Financial charges +€2,252
up €2,252 (+82.6%), from €2,727 to €4,979
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €409,736 | €535,107 | +€125,371 | +30.6% |
| Fixed assets | 21/28 | €64,051 | €62,101 | -€1,950 | -3.0% |
| Tangible fixed assets | 22/27 | €4,510 | €2,560 | -€1,950 | -43.2% |
| Furniture and vehicles | 24 | €4,510 | €2,560 | -€1,950 | -43.2% |
| Financial fixed assets | 28 | €59,541 | €59,541 | = | 0.0% |
| Current assets | 29/58 | €345,685 | €473,006 | +€127,321 | +36.8% |
| Amounts receivable within one year | 40/41 | €342,674 | €469,212 | +€126,538 | +36.9% |
| Trade receivables | 40 | €341,276 | €451,876 | +€110,600 | +32.4% |
| Other amounts receivable | 41 | €1,399 | €17,336 | +€15,937 | +1,140% |
| Cash at bank and in hand | 54/58 | €2,046 | €3,794 | +€1,748 | +85.4% |
| Deferred charges and accrued income | 490/1 | €965 | €0 | -€965 | -100% |
| Total equity and liabilities | 10/49 | €409,736 | €535,107 | +€125,371 | +30.6% |
| Equity | 10/15 | €108,243 | -€19,117 | -€127,360 | |
| Contributions | 10/11 | €1,000 | €21,000 | +€20,000 | +2,000% |
| Reserves | 13 | €20,000 | €0 | -€20,000 | -100% |
| Distributable reserves | 133 | €20,000 | €0 | -€20,000 | -100% |
| Profit (loss) carried forward | 14 | €87,243 | -€40,117 | -€127,360 | |
| Amounts payable | 17/49 | €301,493 | €554,223 | +€252,731 | +83.8% |
| Amounts payable after more than one year | 17 | €144,700 | €240,154 | +€95,454 | +66.0% |
| Financial debts | 170/4 | €144,700 | €240,154 | +€95,454 | +66.0% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €156,699 | €314,070 | +€157,370 | +100% |
| Current portion of amounts payable after more than one year | 42 | €40,690 | €62,726 | +€22,037 | +54.2% |
| Trade debts | 44 | €48,806 | €64,096 | +€15,290 | +31.3% |
| Suppliers | 440/4 | €48,806 | €64,096 | +€15,290 | +31.3% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €62,821 | €182,545 | +€119,724 | +191% |
| Taxes | 450/3 | €55,164 | €181,960 | +€126,797 | +230% |
| Remuneration and social security | 454/9 | €7,657 | €584 | -€7,073 | -92.4% |
| Other amounts payable | 47/48 | €4,383 | €4,703 | +€320 | +7.3% |
| Accrued charges and deferred income | 492/3 | €93 | €0 | -€93 | -100% |
| Remuneration, social security and pensions | 62 | €52,698 | €48,855 | -€3,843 | -7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,256 | €1,950 | -€306 | -13.6% |
| Other operating charges | 640/8 | €4,425 | €1,588 | -€2,837 | -64.1% |
| Gross operating margin | 9900 | €127,261 | -€69,988 | -€197,249 | |
| Operating profit (loss) | 9901 | €67,882 | -€122,381 | -€190,263 | |
| Financial charges | 65/66B | €2,727 | €4,979 | +€2,252 | +82.6% |
| Recurring financial charges | 65 | €2,727 | €4,979 | +€2,252 | +82.6% |
| Profit (loss) for the period before taxes | 9903 | €65,155 | -€127,360 | -€192,515 | |
| Income taxes | 67/77 | €13,962 | €0 | -€13,962 | -100% |
| Profit (loss) for the period | 9904 | €51,193 | -€127,360 | -€178,553 | |
| Profit (loss) for the period to be appropriated | 9905 | €51,193 | -€127,360 | -€178,553 |
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 30 October 2026 via checked.be.