F&C 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.
F&C MANAGEMENT
Largest movements
- Cash +€64,340
up €64,340 (+247,462%), from €26 to €64,366
mainly Net result for the year (+€52,754) and Investment in fixed assets (net) (+€34,997)
- Tangible fixed assets -€37,174
down €37,174 (-98.7%), from €37,657 to €483
of which Plant, machinery and equipment: -€34,996
- Receivables within one year +€10,222
up €10,222 (+3.2%), from €316,327 to €326,549
of which Other amounts receivable: +€16,204
- Profit (loss) carried forward +€52,754
up €52,754 (+121%), from €43,576 to €96,330
- Trade debts -€42,741
down €42,741 (-97.4%), from €43,895 to €1,154
- Tax, wage and social debts +€27,375
up €27,375 (+61.4%), from €44,562 to €71,937
of which Taxes: +€18,775
- Gross operating margin -€42,331
down €42,331 (-35.7%), from €118,674 to €76,343
- Taxes -€17,707
down €17,707 (-70.4%), from €25,147 to €7,440
- Other operating charges +€10,476
up €10,476 (+512%), from €2,046 to €12,522
- Depreciation +€2,177
new in 2024: €2,177
From the 2023 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
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €354,010 | €391,398 | +€37,388 | +10.6% |
| Fixed assets | 21/28 | €37,657 | €483 | -€37,174 | -98.7% |
| Tangible fixed assets | 22/27 | €37,657 | €483 | -€37,174 | -98.7% |
| Plant, machinery and equipment | 23 | €34,996 | - | -€34,996 | |
| Furniture and vehicles | 24 | €2,661 | €483 | -€2,178 | -81.8% |
| Current assets | 29/58 | €316,353 | €390,915 | +€74,562 | +23.6% |
| Amounts receivable within one year | 40/41 | €316,327 | €326,549 | +€10,222 | +3.2% |
| Trade receivables | 40 | €13,909 | €7,927 | -€5,982 | -43.0% |
| Other amounts receivable | 41 | €302,418 | €318,622 | +€16,204 | +5.4% |
| Cash at bank and in hand | 54/58 | €26 | €64,366 | +€64,340 | +247,462% |
| Total equity and liabilities | 10/49 | €354,010 | €391,398 | +€37,388 | +10.6% |
| Equity | 10/15 | €52,076 | €104,830 | +€52,754 | +101% |
| Contributions | 10/11 | €8,500 | €8,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,576 | €96,330 | +€52,754 | +121% |
| Amounts payable | 17/49 | €301,934 | €286,568 | -€15,366 | -5.1% |
| Amounts payable within one year | 42/48 | €301,934 | €286,568 | -€15,366 | -5.1% |
| Trade debts | 44 | €43,895 | €1,154 | -€42,741 | -97.4% |
| Suppliers | 440/4 | €43,895 | €1,154 | -€42,741 | -97.4% |
| Taxes, remuneration and social security | 45 | €44,562 | €71,937 | +€27,375 | +61.4% |
| Taxes | 450/3 | €40,962 | €59,737 | +€18,775 | +45.8% |
| Remuneration and social security | 454/9 | €3,600 | €12,200 | +€8,600 | +239% |
| Other amounts payable | 47/48 | €213,477 | €213,477 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,177 | +€2,177 | |
| Other operating charges | 640/8 | €2,046 | €12,522 | +€10,476 | +512% |
| Gross operating margin | 9900 | €118,674 | €76,343 | -€42,331 | -35.7% |
| Operating profit (loss) | 9901 | €116,628 | €61,644 | -€54,984 | -47.1% |
| Financial charges | 65/66B | €1,373 | €1,450 | +€77 | +5.6% |
| Recurring financial charges | 65 | €1,373 | €1,450 | +€77 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | €115,255 | €60,194 | -€55,061 | -47.8% |
| Income taxes | 67/77 | €25,147 | €7,440 | -€17,707 | -70.4% |
| Profit (loss) for the period | 9904 | €90,108 | €52,754 | -€37,354 | -41.5% |
| Profit (loss) for the period to be appropriated | 9905 | €90,108 | €52,754 | -€37,354 | -41.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.