F@P Mgt bvba: 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@P Mgt bvba
Largest movements
- Receivables within one year +€7,803
up €7,803 (+6.9%), from €113,367 to €121,169
of which Trade receivables: +€5,099
- Tangible fixed assets -€7,546
down €7,546 (-39.2%), from €19,232 to €11,686
of which Plant, machinery and equipment: -€4,902
- Reserves +€12,549
up €12,549 (+4.0%), from €311,081 to €323,630
of which Distributable reserves: +€12,549
- Tax, wage and social debts -€5,325
down €5,325 (-11.8%), from €45,096 to €39,772
of which Remuneration and social security: -€6,000
- Trade debts -€5,096
down €5,096 (-55.5%), from €9,175 to €4,079
- Gross operating margin -€27,026
down €27,026 (-53.4%), from €50,577 to €23,551
- Taxes -€11,376
down €11,376 (-65.8%), from €17,278 to €5,902
- Depreciation +€2,497
up €2,497 (+49.5%), from €5,049 to €7,546
- Financial income +€1,719
up €1,719 (+43.4%), from €3,965 to €5,684
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 | €372,254 | €373,681 | +€1,426 | +0.4% |
| Fixed assets | 21/28 | €19,232 | €11,686 | -€7,546 | -39.2% |
| Tangible fixed assets | 22/27 | €19,232 | €11,686 | -€7,546 | -39.2% |
| Plant, machinery and equipment | 23 | €4,902 | - | -€4,902 | |
| Furniture and vehicles | 24 | €4,678 | €3,204 | -€1,474 | -31.5% |
| Other tangible fixed assets | 26 | €9,653 | €8,483 | -€1,170 | -12.1% |
| Current assets | 29/58 | €353,022 | €361,994 | +€8,972 | +2.5% |
| Amounts receivable after more than one year | 29 | €160,000 | €160,000 | = | 0.0% |
| Other amounts receivable | 291 | €160,000 | €160,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €56,803 | €55,990 | -€812 | -1.4% |
| Stocks | 30/36 | €56,803 | €55,990 | -€812 | -1.4% |
| Amounts receivable within one year | 40/41 | €113,367 | €121,169 | +€7,803 | +6.9% |
| Trade receivables | 40 | €24,875 | €29,974 | +€5,099 | +20.5% |
| Other amounts receivable | 41 | €88,492 | €91,195 | +€2,704 | +3.1% |
| Cash at bank and in hand | 54/58 | €22,853 | €24,301 | +€1,449 | +6.3% |
| Deferred charges and accrued income | 490/1 | - | €533 | +€533 | |
| Total equity and liabilities | 10/49 | €372,254 | €373,681 | +€1,426 | +0.4% |
| Equity | 10/15 | €317,281 | €329,830 | +€12,549 | +4.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €311,081 | €323,630 | +€12,549 | +4.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €309,221 | €321,770 | +€12,549 | +4.1% |
| Amounts payable | 17/49 | €54,973 | €43,851 | -€11,122 | -20.2% |
| Amounts payable within one year | 42/48 | €54,973 | €43,851 | -€11,122 | -20.2% |
| Financial debts | 43 | €701 | - | -€701 | |
| Credit institutions | 430/8 | €701 | - | -€701 | |
| Trade debts | 44 | €9,175 | €4,079 | -€5,096 | -55.5% |
| Suppliers | 440/4 | €9,175 | €4,079 | -€5,096 | -55.5% |
| Taxes, remuneration and social security | 45 | €45,096 | €39,772 | -€5,325 | -11.8% |
| Taxes | 450/3 | €39,096 | €39,772 | +€675 | +1.7% |
| Remuneration and social security | 454/9 | €6,000 | - | -€6,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,049 | €7,546 | +€2,497 | +49.5% |
| Other operating charges | 640/8 | €1,945 | €1,856 | -€89 | -4.6% |
| Gross operating margin | 9900 | €50,577 | €23,551 | -€27,026 | -53.4% |
| Operating profit (loss) | 9901 | €43,583 | €14,149 | -€29,434 | -67.5% |
| Financial income | 75/76B | €3,965 | €5,684 | +€1,719 | +43.4% |
| Recurring financial income | 75 | €3,965 | €5,684 | +€1,719 | +43.4% |
| Financial charges | 65/66B | €1,026 | €1,382 | +€356 | +34.7% |
| Recurring financial charges | 65 | €1,026 | €1,382 | +€356 | +34.7% |
| Profit (loss) for the period before taxes | 9903 | €46,523 | €18,451 | -€28,072 | -60.3% |
| Income taxes | 67/77 | €17,278 | €5,902 | -€11,376 | -65.8% |
| Profit (loss) for the period | 9904 | €29,245 | €12,549 | -€16,696 | -57.1% |
| Profit (loss) for the period to be appropriated | 9905 | €29,245 | €12,549 | -€16,696 | -57.1% |
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 29 October 2026 via checked.be.