F-PRO: 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-PRO
Largest movements
- Receivables within one year +€66,298
up €66,298 (+63.3%), from €104,817 to €171,115
of which Trade receivables: +€63,770
- Cash -€2,025
down €2,025 (-46.7%), from €4,335 to €2,310
mainly Receivables within one year (-€66,298) and Debts after one year (-€33,683)
- Profit (loss) carried forward +€48,016
up €48,016, from -€44,210 to €3,806
- Debts after one year -€33,683
no longer reported in 2024 (was €33,683)
- Other debts +€30,977
up €30,977 (+51.5%), from €60,203 to €91,180
- Current portion of long-term debt +€12,463
up €12,463 (+136%), from €9,184 to €21,647
- Trade debts +€8,778
up €8,778 (+32.1%), from €27,340 to €36,118
- Gross operating margin +€70,580
up €70,580, from -€21,185 to €49,394
- Financial charges -€2,369
down €2,369 (-81.4%), from €2,910 to €541
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 | €124,893 | €190,497 | +€65,604 | +52.5% |
| Fixed assets | 21/28 | €15,000 | €16,331 | +€1,331 | +8.9% |
| Tangible fixed assets | 22/27 | - | €1,331 | +€1,331 | |
| Plant, machinery and equipment | 23 | - | €1,331 | +€1,331 | |
| Financial fixed assets | 28 | €15,000 | €15,000 | = | 0.0% |
| Current assets | 29/58 | €109,893 | €174,166 | +€64,273 | +58.5% |
| Amounts receivable within one year | 40/41 | €104,817 | €171,115 | +€66,298 | +63.3% |
| Trade receivables | 40 | €34,496 | €98,266 | +€63,770 | +185% |
| Other amounts receivable | 41 | €70,321 | €72,849 | +€2,528 | +3.6% |
| Cash at bank and in hand | 54/58 | €4,335 | €2,310 | -€2,025 | -46.7% |
| Deferred charges and accrued income | 490/1 | €741 | €741 | = | 0.0% |
| Total equity and liabilities | 10/49 | €124,893 | €190,497 | +€65,604 | +52.5% |
| Equity | 10/15 | -€22,210 | €25,806 | +€48,016 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,210 | €3,806 | +€48,016 | |
| Amounts payable | 17/49 | €147,103 | €164,691 | +€17,588 | +12.0% |
| Amounts payable after more than one year | 17 | €33,683 | - | -€33,683 | |
| Financial debts | 170/4 | €33,683 | - | -€33,683 | |
| Amounts payable within one year | 42/48 | €111,132 | €162,403 | +€51,271 | +46.1% |
| Current portion of amounts payable after more than one year | 42 | €9,184 | €21,647 | +€12,463 | +136% |
| Financial debts | 43 | €1,053 | - | -€1,053 | |
| Credit institutions | 430/8 | €1,053 | - | -€1,053 | |
| Trade debts | 44 | €27,340 | €36,118 | +€8,778 | +32.1% |
| Suppliers | 440/4 | €27,340 | €36,118 | +€8,778 | +32.1% |
| Advances received on contracts in progress | 46 | €12,825 | €12,825 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €528 | €633 | +€105 | +20.0% |
| Taxes | 450/3 | €528 | €633 | +€105 | +20.0% |
| Other amounts payable | 47/48 | €60,203 | €91,180 | +€30,977 | +51.5% |
| Accrued charges and deferred income | 492/3 | €2,288 | €2,288 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €313 | €332 | +€19 | +6.0% |
| Other operating charges | 640/8 | €434 | €505 | +€71 | +16.4% |
| Gross operating margin | 9900 | -€21,185 | €49,394 | +€70,580 | |
| Operating profit (loss) | 9901 | -€21,932 | €48,557 | +€70,489 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,910 | €541 | -€2,369 | -81.4% |
| Recurring financial charges | 65 | €2,910 | €541 | -€2,369 | -81.4% |
| Profit (loss) for the period before taxes | 9903 | -€24,842 | €48,016 | +€72,858 | |
| Profit (loss) for the period | 9904 | -€24,842 | €48,016 | +€72,858 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,842 | €48,016 | +€72,858 |
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 15 October 2026 via checked.be.