F & K: what changed
Two fiscal 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 & K
Largest movements
- Receivables within one year +€5,995
up €5,995 (+19.6%), from €30,583 to €36,578
of which Other amounts receivable: +€3,736
- Cash +€2,147
up €2,147 (+609.9%), from €352 to €2,499
mainly Net result for the year (+€5,644) and Trade debts (+€2,325)
- Reserves +€5,644
up €5,644 (+37.4%), from €15,096 to €20,739
of which Distributable reserves: +€7,504
- Trade debts +€2,325
up €2,325 (+70.9%), from €3,280 to €5,606
- Tax, wage and social debts +€584
up €584 (+182.5%), from €320 to €904
- Advances received -€411
no longer reported in 2024 (was €411)
- Gross operating margin +€14,271
up €14,271, from -€1,741 to €12,530
- Financial charges -€2,242
down €2,242 (-59.6%), from €3,764 to €1,523
- Staff costs +€1,790
new in 2024: €1,790
- Other operating charges +€1,023
up €1,023 (+56.4%), from €1,813 to €2,836
- Taxes +€571
up €571 (+343.2%), from €166 to €738
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 | €30,935 | €39,077 | +€8,142 | +26.3% |
| Current assets | 29/58 | €30,935 | €39,077 | +€8,142 | +26.3% |
| Amounts receivable within one year | 40/41 | €30,583 | €36,578 | +€5,995 | +19.6% |
| Trade receivables | 40 | €11,228 | €13,487 | +€2,259 | +20.1% |
| Other amounts receivable | 41 | €19,355 | €23,091 | +€3,736 | +19.3% |
| Cash at bank and in hand | 54/58 | €352 | €2,499 | +€2,147 | +609.9% |
| Total equity and liabilities | 10/49 | €30,935 | €39,077 | +€8,142 | +26.3% |
| Equity | 10/15 | €26,924 | €32,567 | +€5,644 | +21.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €15,096 | €20,739 | +€5,644 | +37.4% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €13,236 | €20,739 | +€7,504 | +56.7% |
| Profit (loss) carried forward | 14 | €5,628 | €5,628 | = | 0.0% |
| Amounts payable | 17/49 | €4,011 | €6,510 | +€2,498 | +62.3% |
| Amounts payable within one year | 42/48 | €4,011 | €6,510 | +€2,498 | +62.3% |
| Trade debts | 44 | €3,280 | €5,606 | +€2,325 | +70.9% |
| Suppliers | 440/4 | €3,280 | €5,606 | +€2,325 | +70.9% |
| Advances received on contracts in progress | 46 | €411 | - | -€411 | |
| Taxes, remuneration and social security | 45 | €320 | €904 | +€584 | +182.5% |
| Taxes | 450/3 | €320 | €904 | +€584 | +182.5% |
| Remuneration, social security and pensions | 62 | - | €1,790 | +€1,790 | |
| Other operating charges | 640/8 | €1,813 | €2,836 | +€1,023 | +56.4% |
| Gross operating margin | 9900 | -€1,741 | €12,530 | +€14,271 | |
| Operating profit (loss) | 9901 | -€3,554 | €7,904 | +€11,458 | |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €3,764 | €1,523 | -€2,242 | -59.6% |
| Recurring financial charges | 65 | €3,764 | €1,523 | -€2,242 | -59.6% |
| Profit (loss) for the period before taxes | 9903 | -€7,309 | €6,381 | +€13,690 | |
| Income taxes | 67/77 | €166 | €738 | +€571 | +343.2% |
| Profit (loss) for the period | 9904 | -€7,475 | €5,644 | +€13,119 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,475 | €5,644 | +€13,119 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.