FAJSFORWARD VENTURES LTD: 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.
FAJSFORWARD VENTURES LTD
Largest movements
- Cash -€30,356
down €30,356 (-92.6%), from €32,791 to €2,435
mainly Net result for the year (-€63,370) and Tax, wage and social debts (-€18,691)
- Receivables within one year -€9,545
down €9,545 (-67.7%), from €14,108 to €4,563
of which Trade receivables: -€9,970
- Tangible fixed assets -€4,021
down €4,021 (-12.7%), from €31,709 to €27,689
of which Other tangible fixed assets: -€4,578
- Other debts +€71,569
up €71,569 (+942%), from €7,594 to €79,163
- Profit (loss) carried forward -€63,370
down €63,370 (-239%), from -€26,495 to -€89,865
- Tax, wage and social debts -€18,691
down €18,691 (-100%), from €18,691 to €0
of which Remuneration and social security: -€12,514
- Debts after one year -€16,044
down €16,044 (-100%), from €16,044 to €0
- Trade debts -€11,178
down €11,178 (-60.2%), from €18,569 to €7,391
- Gross operating margin -€37,962
down €37,962 (-204%), from -€18,567 to -€56,529
- Depreciation -€2,011
down €2,011 (-27.7%), from €7,270 to €5,260
- Financial charges +€956
up €956 (+465%), from €206 to €1,162
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €78,608 | €34,725 | -€43,883 | -55.8% |
| Fixed assets | 21/28 | €31,709 | €27,689 | -€4,021 | -12.7% |
| Tangible fixed assets | 22/27 | €31,709 | €27,689 | -€4,021 | -12.7% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €1,712 | €2,270 | +€557 | +32.5% |
| Other tangible fixed assets | 26 | €29,997 | €25,419 | -€4,578 | -15.3% |
| Current assets | 29/58 | €46,899 | €7,036 | -€39,862 | -85.0% |
| Amounts receivable within one year | 40/41 | €14,108 | €4,563 | -€9,545 | -67.7% |
| Trade receivables | 40 | €12,058 | €2,088 | -€9,970 | -82.7% |
| Other amounts receivable | 41 | €2,050 | €2,475 | +€425 | +20.7% |
| Cash at bank and in hand | 54/58 | €32,791 | €2,435 | -€30,356 | -92.6% |
| Deferred charges and accrued income | 490/1 | - | €39 | +€39 | |
| Total equity and liabilities | 10/49 | €78,608 | €34,725 | -€43,883 | -55.8% |
| Equity | 10/15 | €11,350 | -€52,020 | -€63,370 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €31,645 | €31,645 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €29,145 | €29,145 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,495 | -€89,865 | -€63,370 | -239% |
| Amounts payable | 17/49 | €67,258 | €86,745 | +€19,487 | +29.0% |
| Amounts payable after more than one year | 17 | €16,044 | €0 | -€16,044 | -100% |
| Financial debts | 170/4 | €16,044 | €0 | -€16,044 | -100% |
| Amounts payable within one year | 42/48 | €44,854 | €86,745 | +€41,891 | +93.4% |
| Financial debts | 43 | - | €191 | +€191 | |
| Credit institutions | 430/8 | - | €191 | +€191 | |
| Trade debts | 44 | €18,569 | €7,391 | -€11,178 | -60.2% |
| Suppliers | 440/4 | €18,569 | €7,391 | -€11,178 | -60.2% |
| Taxes, remuneration and social security | 45 | €18,691 | €0 | -€18,691 | -100% |
| Taxes | 450/3 | €6,176 | €0 | -€6,176 | -100% |
| Remuneration and social security | 454/9 | €12,514 | €0 | -€12,514 | -100% |
| Other amounts payable | 47/48 | €7,594 | €79,163 | +€71,569 | +942% |
| Accrued charges and deferred income | 492/3 | €6,360 | €0 | -€6,360 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,270 | €5,260 | -€2,011 | -27.7% |
| Other operating charges | 640/8 | €452 | €450 | -€3 | -0.6% |
| Gross operating margin | 9900 | -€18,567 | -€56,529 | -€37,962 | -204% |
| Operating profit (loss) | 9901 | -€26,289 | -€62,238 | -€35,949 | -137% |
| Financial income | 75/76B | €0 | €30 | +€30 | +22,946% |
| Recurring financial income | 75 | €0 | €30 | +€30 | +22,946% |
| Financial charges | 65/66B | €206 | €1,162 | +€956 | +465% |
| Recurring financial charges | 65 | €206 | €1,162 | +€956 | +465% |
| Profit (loss) for the period before taxes | 9903 | -€26,495 | -€63,370 | -€36,875 | -139% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€26,495 | -€63,370 | -€36,875 | -139% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,495 | -€63,370 | -€36,875 | -139% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.