FACCTS: 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.
FACCTS
Largest movements
- Tangible fixed assets +€47,293
up €47,293 (+188.9%), from €25,035 to €72,327
of which Land and buildings: +€43,190
- Receivables within one year +€22,527
up €22,527 (+19.8%), from €113,574 to €136,100
of which Trade receivables: +€19,828
- Cash -€7,086
down €7,086 (-29.8%), from €23,810 to €16,724
mainly Investment in fixed assets (net) (-€51,247) and Receivables within one year (-€22,527)
- Profit (loss) carried forward +€42,896
up €42,896, from €0 to €42,896
- Tax, wage and social debts +€19,878
up €19,878 (+98.5%), from €20,186 to €40,063
of which Taxes: +€19,878
- Other debts -€14,243
down €14,243 (-38.2%), from €37,266 to €23,022
- Accrued charges and deferred income +€6,000
up €6,000, from €0 to €6,000
- Trade debts +€5,953
up €5,953 (+45.1%), from €13,210 to €19,163
- Gross operating margin +€25,039
up €25,039 (+54.7%), from €45,815 to €70,854
- Write-downs +€2,488
new in 2024: €2,488
- Taxes +€2,474
up €2,474 (+18.3%), from €13,534 to €16,008
- Depreciation +€1,691
up €1,691 (+37.5%), from €4,513 to €6,204
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 | €164,668 | €225,151 | +€60,484 | +36.7% |
| Fixed assets | 21/28 | €27,285 | €72,327 | +€45,043 | +165.1% |
| Tangible fixed assets | 22/27 | €25,035 | €72,327 | +€47,293 | +188.9% |
| Land and buildings | 22 | €11,822 | €55,012 | +€43,190 | +365.3% |
| Plant, machinery and equipment | 23 | €4,289 | €7,135 | +€2,846 | +66.3% |
| Furniture and vehicles | 24 | €8,924 | €10,181 | +€1,257 | +14.1% |
| Financial fixed assets | 28 | €2,250 | €0 | -€2,250 | -100.0% |
| Current assets | 29/58 | €137,383 | €152,824 | +€15,441 | +11.2% |
| Amounts receivable within one year | 40/41 | €113,574 | €136,100 | +€22,527 | +19.8% |
| Trade receivables | 40 | €47,058 | €66,886 | +€19,828 | +42.1% |
| Other amounts receivable | 41 | €66,515 | €69,214 | +€2,699 | +4.1% |
| Cash at bank and in hand | 54/58 | €23,810 | €16,724 | -€7,086 | -29.8% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €164,668 | €225,151 | +€60,484 | +36.7% |
| Equity | 10/15 | €94,006 | €136,902 | +€42,896 | +45.6% |
| Contributions | 10/11 | €18,600 | €20,460 | +€1,860 | +10.0% |
| Reserves | 13 | €75,406 | €73,546 | -€1,860 | -2.5% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | €73,546 | €73,546 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €42,896 | +€42,896 | |
| Amounts payable | 17/49 | €70,662 | €88,249 | +€17,587 | +24.9% |
| Amounts payable within one year | 42/48 | €70,662 | €82,249 | +€11,587 | +16.4% |
| Trade debts | 44 | €13,210 | €19,163 | +€5,953 | +45.1% |
| Suppliers | 440/4 | €13,210 | €19,163 | +€5,953 | +45.1% |
| Taxes, remuneration and social security | 45 | €20,186 | €40,063 | +€19,878 | +98.5% |
| Taxes | 450/3 | €20,186 | €40,063 | +€19,878 | +98.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €37,266 | €23,022 | -€14,243 | -38.2% |
| Accrued charges and deferred income | 492/3 | €0 | €6,000 | +€6,000 | |
| Remuneration, social security and pensions | 62 | €601 | €911 | +€310 | +51.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,513 | €6,204 | +€1,691 | +37.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,488 | +€2,488 | |
| Other operating charges | 640/8 | €1,411 | €1,344 | -€67 | -4.7% |
| Gross operating margin | 9900 | €45,815 | €70,854 | +€25,039 | +54.7% |
| Operating profit (loss) | 9901 | €39,290 | €59,907 | +€20,617 | +52.5% |
| Financial income | 75/76B | €279 | €43 | -€236 | -84.6% |
| Recurring financial income | 75 | €279 | €43 | -€236 | -84.6% |
| Financial charges | 65/66B | €693 | €1,045 | +€352 | +50.7% |
| Recurring financial charges | 65 | €693 | €1,045 | +€352 | +50.7% |
| Profit (loss) for the period before taxes | 9903 | €38,876 | €58,905 | +€20,029 | +51.5% |
| Income taxes | 67/77 | €13,534 | €16,008 | +€2,474 | +18.3% |
| Profit (loss) for the period | 9904 | €25,342 | €42,896 | +€17,554 | +69.3% |
| Profit (loss) for the period to be appropriated | 9905 | €25,342 | €42,896 | +€17,554 | +69.3% |
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 8 October 2026 via checked.be.