FASE IT: 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.
FASE IT
Largest movements
- Cash +€32,294
up €32,294 (+56.1%), from €57,600 to €89,894
mainly Net result for the year (+€31,920) and Depreciation (+€9,801)
- Tangible fixed assets -€9,801
down €9,801 (-3.2%), from €302,150 to €292,349
of which Land and buildings: -€6,300
- Receivables within one year +€9,167
up €9,167 (+42.4%), from €21,641 to €30,808
of which Other amounts receivable: +€14,903
- Reserves +€31,920
up €31,920 (+11.4%), from €280,946 to €312,866
of which Distributable reserves: +€31,920
- Gross operating margin +€4,958
up €4,958 (+11.9%), from €41,722 to €46,680
- Taxes +€2,011
up €2,011 (+15.6%), from €12,885 to €14,896
- Financial charges -€739
down €739 (-84.8%), from €872 to €133
- Financial income +€701
up €701 (+6.6%), from €10,605 to €11,307
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 | €727,663 | €760,085 | +€32,422 | +4.5% |
| Fixed assets | 21/28 | €302,150 | €292,349 | -€9,801 | -3.2% |
| Tangible fixed assets | 22/27 | €302,150 | €292,349 | -€9,801 | -3.2% |
| Land and buildings | 22 | €290,700 | €284,400 | -€6,300 | -2.2% |
| Furniture and vehicles | 24 | €11,450 | €7,949 | -€3,501 | -30.6% |
| Current assets | 29/58 | €425,513 | €467,736 | +€42,223 | +9.9% |
| Amounts receivable after more than one year | 29 | €345,000 | €345,000 | = | 0.0% |
| Other amounts receivable | 291 | €345,000 | €345,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €21,641 | €30,808 | +€9,167 | +42.4% |
| Trade receivables | 40 | €11,223 | €5,487 | -€5,735 | -51.1% |
| Other amounts receivable | 41 | €10,418 | €25,320 | +€14,903 | +143% |
| Cash at bank and in hand | 54/58 | €57,600 | €89,894 | +€32,294 | +56.1% |
| Deferred charges and accrued income | 490/1 | €1,273 | €2,034 | +€761 | +59.8% |
| Total equity and liabilities | 10/49 | €727,663 | €760,085 | +€32,422 | +4.5% |
| Equity | 10/15 | €720,946 | €752,866 | +€31,920 | +4.4% |
| Contributions | 10/11 | €440,000 | €440,000 | = | 0.0% |
| Reserves | 13 | €280,946 | €312,866 | +€31,920 | +11.4% |
| Non-distributable reserves | 130/1 | €44,000 | €44,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €44,000 | €44,000 | = | 0.0% |
| Distributable reserves | 133 | €236,946 | €268,866 | +€31,920 | +13.5% |
| Amounts payable | 17/49 | €6,717 | €7,219 | +€502 | +7.5% |
| Amounts payable within one year | 42/48 | €6,717 | €7,219 | +€502 | +7.5% |
| Trade debts | 44 | €1,148 | €1,148 | = | 0.0% |
| Suppliers | 440/4 | €1,148 | €1,148 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €5,569 | €6,071 | +€502 | +9.0% |
| Taxes | 450/3 | €4,885 | €5,387 | +€502 | +10.3% |
| Remuneration and social security | 454/9 | €684 | €684 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,801 | €9,801 | = | 0.0% |
| Other operating charges | 640/8 | €1,160 | €1,238 | +€78 | +6.7% |
| Gross operating margin | 9900 | €41,722 | €46,680 | +€4,958 | +11.9% |
| Operating profit (loss) | 9901 | €30,762 | €35,642 | +€4,880 | +15.9% |
| Financial income | 75/76B | €10,605 | €11,307 | +€701 | +6.6% |
| Recurring financial income | 75 | €10,605 | €11,307 | +€701 | +6.6% |
| Financial charges | 65/66B | €872 | €133 | -€739 | -84.8% |
| Recurring financial charges | 65 | €872 | €133 | -€739 | -84.8% |
| Profit (loss) for the period before taxes | 9903 | €40,495 | €46,815 | +€6,320 | +15.6% |
| Income taxes | 67/77 | €12,885 | €14,896 | +€2,011 | +15.6% |
| Profit (loss) for the period | 9904 | €27,610 | €31,920 | +€4,309 | +15.6% |
| Profit (loss) for the period to be appropriated | 9905 | €27,610 | €31,920 | +€4,309 | +15.6% |
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 13 October 2026 via checked.be.