F.B.M.B.: 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.
F.B.M.B.
Largest movements
- Cash +€44,272
up €44,272 (+45.4%), from €97,598 to €141,870
- Receivables within one year -€9,222
down €9,222 (-2.2%), from €415,066 to €405,844
of which Other amounts receivable: -€15,565
- Other debts -€114,314
down €114,314 (-91.4%), from €125,061 to €10,747
- Reserves +€90,000
up €90,000 (+157%), from €57,277 to €147,277
of which Distributable reserves: +€90,000
- Tax, wage and social debts +€75,724
up €75,724 (+663%), from €11,424 to €87,148
of which Taxes: +€71,579
- Profit (loss) carried forward -€33,435
down €33,435 (-10.5%), from €319,433 to €285,999
- Current portion of long-term debt +€31,786
up €31,786 (+89.4%), from €35,563 to €67,349
- Gross operating margin +€68,104
up €68,104 (+35.1%), from €194,206 to €262,310
- Write-downs +€24,124
up €24,124 (+411%), from €5,876 to €30,000
- Financial charges -€16,101
down €16,101 (-48.6%), from €33,119 to €17,018
- Staff costs -€13,062
down €13,062 (-31.9%), from €40,988 to €27,926
- Taxes +€9,262
up €9,262 (+49.1%), from €18,844 to €28,106
From the 2022 result to the 2024 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €818,824 | €851,064 | +€32,239 | +3.9% |
| Fixed assets | 21/28 | €306,160 | €303,350 | -€2,810 | -0.9% |
| Tangible fixed assets | 22/27 | €306,110 | €303,300 | -€2,810 | -0.9% |
| Land and buildings | 22 | €296,893 | €272,849 | -€24,044 | -8.1% |
| Plant, machinery and equipment | 23 | €9,218 | €21,984 | +€12,767 | +139% |
| Furniture and vehicles | 24 | - | €8,467 | +€8,467 | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €512,664 | €547,714 | +€35,050 | +6.8% |
| Amounts receivable within one year | 40/41 | €415,066 | €405,844 | -€9,222 | -2.2% |
| Trade receivables | 40 | €388,245 | €394,587 | +€6,342 | +1.6% |
| Other amounts receivable | 41 | €26,821 | €11,256 | -€15,565 | -58.0% |
| Cash at bank and in hand | 54/58 | €97,598 | €141,870 | +€44,272 | +45.4% |
| Total equity and liabilities | 10/49 | €818,824 | €851,064 | +€32,239 | +3.9% |
| Equity | 10/15 | €397,170 | €453,735 | +€56,565 | +14.2% |
| Contributions | 10/11 | €20,459 | €20,459 | = | 0.0% |
| Contributions outside capital | 11 | €20,459 | - | -€20,459 | |
| Share premium | 1100/10 | €20,459 | - | -€20,459 | |
| Reserves | 13 | €57,277 | €147,277 | +€90,000 | +157% |
| Tax-exempt reserves | 132 | €6,285 | €6,285 | = | 0.0% |
| Distributable reserves | 133 | €50,992 | €140,992 | +€90,000 | +176% |
| Profit (loss) carried forward | 14 | €319,433 | €285,999 | -€33,435 | -10.5% |
| Amounts payable | 17/49 | €421,655 | €397,329 | -€24,326 | -5.8% |
| Amounts payable after more than one year | 17 | €218,121 | €212,137 | -€5,984 | -2.7% |
| Financial debts | 170/4 | €218,121 | €212,137 | -€5,984 | -2.7% |
| Amounts payable within one year | 42/48 | €203,534 | €184,079 | -€19,455 | -9.6% |
| Current portion of amounts payable after more than one year | 42 | €35,563 | €67,349 | +€31,786 | +89.4% |
| Trade debts | 44 | €31,486 | €18,835 | -€12,651 | -40.2% |
| Suppliers | 440/4 | €31,486 | €18,835 | -€12,651 | -40.2% |
| Taxes, remuneration and social security | 45 | €11,424 | €87,148 | +€75,724 | +663% |
| Taxes | 450/3 | €7,268 | €78,847 | +€71,579 | +985% |
| Remuneration and social security | 454/9 | €4,156 | €8,301 | +€4,145 | +99.7% |
| Other amounts payable | 47/48 | €125,061 | €10,747 | -€114,314 | -91.4% |
| Accrued charges and deferred income | 492/3 | - | €1,113 | +€1,113 | |
| Remuneration, social security and pensions | 62 | €40,988 | €27,926 | -€13,062 | -31.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,133 | €59,940 | -€5,194 | -8.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,876 | €30,000 | +€24,124 | +411% |
| Other operating charges | 640/8 | €4,843 | €2,459 | -€2,383 | -49.2% |
| Gross operating margin | 9900 | €194,206 | €262,310 | +€68,104 | +35.1% |
| Operating profit (loss) | 9901 | €77,366 | €141,986 | +€64,620 | +83.5% |
| Financial income | 75/76B | €1,158 | €269 | -€889 | -76.8% |
| Recurring financial income | 75 | €1,158 | €269 | -€889 | -76.8% |
| Financial charges | 65/66B | €33,119 | €17,018 | -€16,101 | -48.6% |
| Recurring financial charges | 65 | €33,119 | €17,018 | -€16,101 | -48.6% |
| Profit (loss) for the period before taxes | 9903 | €45,405 | €125,237 | +€79,832 | +176% |
| Income taxes | 67/77 | €18,844 | €28,106 | +€9,262 | +49.1% |
| Profit (loss) for the period | 9904 | €26,560 | €97,131 | +€70,570 | +266% |
| Profit (loss) for the period to be appropriated | 9905 | €26,560 | €97,131 | +€70,570 | +266% |
Source: filed annual accounts (NBB), financial years ended 31 March 2022 and 31 March 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.