F.K. SERVICES: 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. SERVICES
Largest movements
- Cash +€15,284
up €15,284 (+293.8%), from €5,201 to €20,485
mainly Net result for the year (+€231,298) and Tax, wage and social debts (+€36,657)
- Financial fixed assets +€9,000
up €9,000 (+180.0%), from €5,000 to €14,000
- Profit (loss) carried forward +€231,298
up €231,298 (+150.3%), from €153,920 to €385,219
- Trade debts -€101,782
down €101,782 (-69.5%), from €146,352 to €44,569
- Accrued charges and deferred income -€83,000
no longer reported in 2024 (was €83,000)
- Advances received -€41,140
no longer reported in 2024 (was €41,140)
- Tax, wage and social debts +€36,657
up €36,657 (+83.3%), from €43,998 to €80,656
of which Taxes: +€36,236
- Gross operating margin +€268,660
up €268,660 (+1141.7%), from €23,532 to €292,192
- Taxes +€68,075
up €68,075 (+713.5%), from €9,541 to €77,616
- Staff costs +€7,570
new in 2024: €7,570
- Financial income +€6,203
up €6,203 (+31.1%), from €19,940 to €26,143
- Financial charges -€4,920
down €4,920 (-91.8%), from €5,361 to €441
of which Non-recurring financial charges: -€5,139
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 | €523,372 | €553,406 | +€30,034 | +5.7% |
| Fixed assets | 21/28 | €7,121 | €14,940 | +€7,819 | +109.8% |
| Tangible fixed assets | 22/27 | €2,121 | €940 | -€1,181 | -55.7% |
| Plant, machinery and equipment | 23 | €525 | €257 | -€267 | -51.0% |
| Furniture and vehicles | 24 | €1,596 | €683 | -€913 | -57.2% |
| Financial fixed assets | 28 | €5,000 | €14,000 | +€9,000 | +180.0% |
| Current assets | 29/58 | €516,251 | €538,465 | +€22,214 | +4.3% |
| Amounts receivable within one year | 40/41 | €511,050 | €514,424 | +€3,374 | +0.7% |
| Trade receivables | 40 | €71,088 | €55,958 | -€15,130 | -21.3% |
| Other amounts receivable | 41 | €439,962 | €458,466 | +€18,504 | +4.2% |
| Cash at bank and in hand | 54/58 | €5,201 | €20,485 | +€15,284 | +293.8% |
| Deferred charges and accrued income | 490/1 | - | €3,556 | +€3,556 | |
| Total equity and liabilities | 10/49 | €523,372 | €553,406 | +€30,034 | +5.7% |
| Equity | 10/15 | €161,978 | €393,276 | +€231,298 | +142.8% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Capital | 10 | €6,197 | €6,197 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Uncalled capital | 101 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €153,920 | €385,219 | +€231,298 | +150.3% |
| Amounts payable | 17/49 | €361,394 | €160,130 | -€201,265 | -55.7% |
| Amounts payable after more than one year | 17 | €46,904 | €34,904 | -€12,000 | -25.6% |
| Other amounts payable | 178/9 | €46,904 | €34,904 | -€12,000 | -25.6% |
| Amounts payable within one year | 42/48 | €231,490 | €125,225 | -€106,265 | -45.9% |
| Trade debts | 44 | €146,352 | €44,569 | -€101,782 | -69.5% |
| Suppliers | 440/4 | €146,352 | €44,569 | -€101,782 | -69.5% |
| Advances received on contracts in progress | 46 | €41,140 | - | -€41,140 | |
| Taxes, remuneration and social security | 45 | €43,998 | €80,656 | +€36,657 | +83.3% |
| Taxes | 450/3 | €43,998 | €80,234 | +€36,236 | +82.4% |
| Remuneration and social security | 454/9 | - | €422 | +€422 | |
| Accrued charges and deferred income | 492/3 | €83,000 | - | -€83,000 | |
| Remuneration, social security and pensions | 62 | - | €7,570 | +€7,570 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,200 | €1,181 | -€2,019 | -63.1% |
| Other operating charges | 640/8 | €4,061 | €229 | -€3,832 | -94.4% |
| Gross operating margin | 9900 | €23,532 | €292,192 | +€268,660 | +1141.7% |
| Operating profit (loss) | 9901 | €16,270 | €283,212 | +€266,942 | +1640.7% |
| Financial income | 75/76B | €19,940 | €26,143 | +€6,203 | +31.1% |
| Recurring financial income | 75 | €19,940 | €26,143 | +€6,203 | +31.1% |
| Financial charges | 65/66B | €5,361 | €441 | -€4,920 | -91.8% |
| Recurring financial charges | 65 | €222 | €441 | +€220 | +99.0% |
| Non-recurring financial charges | 66B | €5,139 | - | -€5,139 | |
| Profit (loss) for the period before taxes | 9903 | €30,850 | €308,915 | +€278,065 | +901.3% |
| Income taxes | 67/77 | €9,541 | €77,616 | +€68,075 | +713.5% |
| Profit (loss) for the period | 9904 | €21,309 | €231,298 | +€209,989 | +985.4% |
| Profit (loss) for the period to be appropriated | 9905 | €21,309 | €231,298 | +€209,989 | +985.4% |
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.