F&F: 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&F
Largest movements
- Receivables within one year +€23,025
up €23,025 (+34.9%), from €65,906 to €88,931
of which Other amounts receivable: +€46,458
- Tangible fixed assets -€2,165
down €2,165 (-8.6%), from €25,215 to €23,050
- Tax, wage and social debts +€28,846
up €28,846 (+200.1%), from €14,417 to €43,263
- Trade debts -€19,420
down €19,420 (-44.3%), from €43,822 to €24,402
- Profit (loss) carried forward +€16,033
up €16,033 (+61.7%), from €26,002 to €42,034
- Debts after one year -€5,811
down €5,811 (-41.4%), from €14,033 to €8,222
- Other operating charges +€8,556
up €8,556 (+614.9%), from €1,392 to €9,947
- Depreciation +€5,347
up €5,347 (+1505.5%), from €355 to €5,702
- Financial charges -€3,105
down €3,105 (-77.2%), from €4,024 to €919
- Taxes +€1,192
up €1,192 (+14.5%), from €8,192 to €9,383
- Gross operating margin +€1,142
up €1,142 (+2.9%), from €38,738 to €39,880
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.
Cash bridge derived
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 | €105,935 | €125,783 | +€19,848 | +18.7% |
| Fixed assets | 21/28 | €25,215 | €23,050 | -€2,165 | -8.6% |
| Tangible fixed assets | 22/27 | €25,215 | €23,050 | -€2,165 | -8.6% |
| Furniture and vehicles | 24 | €25,215 | €23,050 | -€2,165 | -8.6% |
| Current assets | 29/58 | €80,720 | €102,734 | +€22,013 | +27.3% |
| Amounts receivable within one year | 40/41 | €65,906 | €88,931 | +€23,025 | +34.9% |
| Trade receivables | 40 | €44,160 | €20,727 | -€23,433 | -53.1% |
| Other amounts receivable | 41 | €21,746 | €68,204 | +€46,458 | +213.6% |
| Cash at bank and in hand | 54/58 | €13,856 | €13,803 | -€53 | -0.4% |
| Deferred charges and accrued income | 490/1 | €959 | €0 | -€959 | -100.0% |
| Total equity and liabilities | 10/49 | €105,935 | €125,783 | +€19,848 | +18.7% |
| Equity | 10/15 | €28,002 | €44,034 | +€16,033 | +57.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,002 | €42,034 | +€16,033 | +61.7% |
| Amounts payable | 17/49 | €77,934 | €81,749 | +€3,815 | +4.9% |
| Amounts payable after more than one year | 17 | €14,033 | €8,222 | -€5,811 | -41.4% |
| Financial debts | 170/4 | €14,033 | €8,222 | -€5,811 | -41.4% |
| Amounts payable within one year | 42/48 | €63,900 | €73,526 | +€9,626 | +15.1% |
| Current portion of amounts payable after more than one year | 42 | €5,662 | €5,861 | +€200 | +3.5% |
| Trade debts | 44 | €43,822 | €24,402 | -€19,420 | -44.3% |
| Suppliers | 440/4 | €43,822 | €24,402 | -€19,420 | -44.3% |
| Taxes, remuneration and social security | 45 | €14,417 | €43,263 | +€28,846 | +200.1% |
| Taxes | 450/3 | €14,417 | €43,263 | +€28,846 | +200.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €355 | €5,702 | +€5,347 | +1505.5% |
| Other operating charges | 640/8 | €1,392 | €9,947 | +€8,556 | +614.9% |
| Gross operating margin | 9900 | €38,738 | €39,880 | +€1,142 | +2.9% |
| Operating profit (loss) | 9901 | €36,992 | €24,231 | -€12,760 | -34.5% |
| Financial income | 75/76B | €1,226 | €2,104 | +€878 | +71.7% |
| Recurring financial income | 75 | €1,226 | €2,104 | +€878 | +71.7% |
| Financial charges | 65/66B | €4,024 | €919 | -€3,105 | -77.2% |
| Recurring financial charges | 65 | €4,024 | €919 | -€3,105 | -77.2% |
| Profit (loss) for the period before taxes | 9903 | €34,193 | €25,416 | -€8,777 | -25.7% |
| Income taxes | 67/77 | €8,192 | €9,383 | +€1,192 | +14.5% |
| Profit (loss) for the period | 9904 | €26,002 | €16,033 | -€9,969 | -38.3% |
| Profit (loss) for the period to be appropriated | 9905 | €26,002 | €16,033 | -€9,969 | -38.3% |
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 12 October 2026 via checked.be.