F.d.G. Operations: 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.d.G. Operations
Largest movements
- Cash -€7,331
down €7,331 (-86.7%), from €8,457 to €1,125
mainly Tax, wage and social debts (-€9,948) and Trade debts (-€2,817)
- Receivables within one year -€2,225
down €2,225 (-20.2%), from €11,006 to €8,780
of which Trade receivables: -€2,406
- Tangible fixed assets -€366
down €366 (-41.8%), from €876 to €510
- Tax, wage and social debts -€9,948
down €9,948 (-87.1%), from €11,423 to €1,475
of which Taxes: -€7,037
- Other debts +€4,772
up €4,772 (+169%), from €2,831 to €7,603
- Trade debts -€2,817
down €2,817 (-90.8%), from €3,102 to €285
- Profit (loss) carried forward -€2,114
new in 2024: -€2,114
- Purchases and services +€7,828
new in 2024: €7,828
- Turnover +€7,107
new in 2024: €7,107
- Gross operating margin -€2,727
down €2,727, from €2,006 to -€721
- Taxes -€633
no longer reported in 2024 (was €633)
- Other operating charges +€572
up €572 (+155%), from €370 to €942
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 | €20,507 | €10,599 | -€9,908 | -48.3% |
| Fixed assets | 21/28 | €1,045 | €694 | -€351 | -33.6% |
| Tangible fixed assets | 22/27 | €876 | €510 | -€366 | -41.8% |
| Plant, machinery and equipment | 23 | €876 | €510 | -€366 | -41.8% |
| Financial fixed assets | 28 | €169 | €184 | +€15 | +8.9% |
| Current assets | 29/58 | €19,462 | €9,906 | -€9,557 | -49.1% |
| Amounts receivable within one year | 40/41 | €11,006 | €8,780 | -€2,225 | -20.2% |
| Trade receivables | 40 | €11,006 | €8,600 | -€2,406 | -21.9% |
| Other amounts receivable | 41 | - | €180 | +€180 | |
| Cash at bank and in hand | 54/58 | €8,457 | €1,125 | -€7,331 | -86.7% |
| Total equity and liabilities | 10/49 | €20,507 | €10,599 | -€9,908 | -48.3% |
| Equity | 10/15 | €3,151 | €1,037 | -€2,114 | -67.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Capital | 10 | - | €2,500 | +€2,500 | |
| Issued capital | 100 | - | €2,500 | +€2,500 | |
| Reserves | 13 | €651 | €651 | = | 0.0% |
| Distributable reserves | 133 | €651 | €651 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€2,114 | -€2,114 | |
| Amounts payable | 17/49 | €17,356 | €9,563 | -€7,794 | -44.9% |
| Amounts payable within one year | 42/48 | €17,356 | €9,364 | -€7,992 | -46.0% |
| Trade debts | 44 | €3,102 | €285 | -€2,817 | -90.8% |
| Suppliers | 440/4 | €3,102 | €285 | -€2,817 | -90.8% |
| Taxes, remuneration and social security | 45 | €11,423 | €1,475 | -€9,948 | -87.1% |
| Taxes | 450/3 | €8,512 | €1,475 | -€7,037 | -82.7% |
| Remuneration and social security | 454/9 | €2,911 | - | -€2,911 | |
| Other amounts payable | 47/48 | €2,831 | €7,603 | +€4,772 | +169% |
| Accrued charges and deferred income | 492/3 | - | €199 | +€199 | |
| Turnover | 70 | - | €7,107 | +€7,107 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €7,828 | +€7,828 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €223 | €366 | +€143 | +64.4% |
| Other operating charges | 640/8 | €370 | €942 | +€572 | +155% |
| Gross operating margin | 9900 | €2,006 | -€721 | -€2,727 | |
| Operating profit (loss) | 9901 | €1,414 | -€2,029 | -€3,443 | |
| Financial income | 75/76B | €15 | - | -€15 | |
| Recurring financial income | 75 | €15 | - | -€15 | |
| Financial charges | 65/66B | €145 | €85 | -€60 | -41.2% |
| Recurring financial charges | 65 | €145 | €85 | -€60 | -41.2% |
| Profit (loss) for the period before taxes | 9903 | €1,284 | -€2,114 | -€3,398 | |
| Income taxes | 67/77 | €633 | - | -€633 | |
| Profit (loss) for the period | 9904 | €651 | -€2,114 | -€2,765 | |
| Profit (loss) for the period to be appropriated | 9905 | €651 | -€2,114 | -€2,765 |
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 13 October 2026 via checked.be.