FADA: what changed
FADA
Largest movements
- Cash +€16,673
up €16,673 (+33.2%), from €50,234 to €66,906
mainly Trade debts (+€21,462) and Other debts (+€11,858)
- Tangible fixed assets -€3,590
down €3,590 (-10.5%), from €34,170 to €30,580
of which Plant, machinery and equipment: -€3,232
- Profit (loss) carried forward -€24,277
down €24,277 (-45.8%), from €52,998 to €28,721
- Trade debts +€21,462
up €21,462 (+270%), from €7,947 to €29,409
- Other debts +€11,858
up €11,858 (+467%), from €2,538 to €14,395
- Current portion of long-term debt +€3,531
new in 2023: €3,531
- Gross operating margin -€17,747
down €17,747, from €10,097 to -€7,649
- Financial charges +€6,857
up €6,857 (+4,544%), from €151 to €7,007
- Other operating charges -€4,796
down €4,796 (-44.3%), from €10,825 to €6,030
Change in the result, 2022 to 2023
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2022 and 2023 balance sheets and the 2023 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €90,331 | €102,906 | +€12,575 | +13.9% |
| Fixed assets | 21/28 | €34,195 | €30,605 | -€3,590 | -10.5% |
| Tangible fixed assets | 22/27 | €34,170 | €30,580 | -€3,590 | -10.5% |
| Plant, machinery and equipment | 23 | €32,737 | €29,505 | -€3,232 | -9.9% |
| Furniture and vehicles | 24 | €1,433 | €1,075 | -€358 | -25.0% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €56,136 | €72,301 | +€16,165 | +28.8% |
| Stocks and contracts in progress | 3 | €2,834 | €2,780 | -€54 | -1.9% |
| Stocks | 30/36 | €2,834 | €2,780 | -€54 | -1.9% |
| Amounts receivable within one year | 40/41 | €3,069 | €2,614 | -€454 | -14.8% |
| Other amounts receivable | 41 | €3,069 | €2,614 | -€454 | -14.8% |
| Cash at bank and in hand | 54/58 | €50,234 | €66,906 | +€16,673 | +33.2% |
| Total equity and liabilities | 10/49 | €90,331 | €102,906 | +€12,575 | +13.9% |
| Equity | 10/15 | €67,950 | €43,674 | -€24,277 | -35.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €8,753 | €8,753 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Other | 1319 | €1,860 | - | -€1,860 | |
| Tax-exempt reserves | 132 | €6,893 | €6,893 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,998 | €28,721 | -€24,277 | -45.8% |
| Amounts payable | 17/49 | €22,381 | €59,232 | +€36,851 | +165% |
| Amounts payable within one year | 42/48 | €22,381 | €59,232 | +€36,851 | +165% |
| Current portion of amounts payable after more than one year | 42 | - | €3,531 | +€3,531 | |
| Trade debts | 44 | €7,947 | €29,409 | +€21,462 | +270% |
| Suppliers | 440/4 | €7,947 | €29,409 | +€21,462 | +270% |
| Taxes, remuneration and social security | 45 | €11,896 | €11,896 | = | 0.0% |
| Taxes | 450/3 | €11,896 | €11,896 | = | 0.0% |
| Other amounts payable | 47/48 | €2,538 | €14,395 | +€11,858 | +467% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,590 | €3,590 | = | 0.0% |
| Other operating charges | 640/8 | €10,825 | €6,030 | -€4,796 | -44.3% |
| Gross operating margin | 9900 | €10,097 | -€7,649 | -€17,747 | |
| Operating profit (loss) | 9901 | -€4,318 | -€17,269 | -€12,951 | -300% |
| Financial charges | 65/66B | €151 | €7,007 | +€6,857 | +4,544% |
| Recurring financial charges | 65 | €151 | €7,007 | +€6,857 | +4,544% |
| Profit (loss) for the period before taxes | 9903 | -€4,469 | -€24,277 | -€19,808 | -443% |
| Profit (loss) for the period | 9904 | -€4,469 | -€24,277 | -€19,808 | -443% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,469 | -€24,277 | -€19,808 | -443% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.