FASIL: 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.
FASIL
Largest movements
- Cash -€1.2m
down €1.2m (-81.1%), from €1.4m to €269,149
mainly Other debts (-€600,000) and Tax, wage and social debts (-€257,143)
- Receivables within one year +€157,586
up €157,586 (+94.3%), from €167,116 to €324,701
of which Other amounts receivable: +€231,831
- Tangible fixed assets -€34,091
down €34,091 (-17.7%), from €192,168 to €158,077
- Receivables after one year -€31,906
down €31,906 (-38.7%), from €82,423 to €50,517
- Other debts -€600,000
no longer reported in 2024 (was €600,000)
- Tax, wage and social debts -€257,143
no longer reported in 2024 (was €257,143)
- Profit (loss) carried forward -€179,269
down €179,269 (-21.5%), from €833,761 to €654,492
- Trade debts -€32,613
down €32,613 (-81.0%), from €40,257 to €7,644
- Gross operating margin -€1.7m
down €1.7m, from €1.7m to -€58,195
- Other operating charges -€56,638
down €56,638 (-62.8%), from €90,159 to €33,521
- Financial income -€53,687
down €53,687 (-83.3%), from €64,485 to €10,798
- Taxes +€49,579
up €49,579 (+729.0%), from €6,800 to €56,379
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 | €1,870,059 | €805,278 | -€1.1m | -56.9% |
| Fixed assets | 21/28 | €192,237 | €158,146 | -€34,091 | -17.7% |
| Tangible fixed assets | 22/27 | €192,168 | €158,077 | -€34,091 | -17.7% |
| Land and buildings | 22 | €42,508 | €33,504 | -€9,004 | -21.2% |
| Plant, machinery and equipment | 23 | €1,675 | €3,234 | +€1,559 | +93.1% |
| Furniture and vehicles | 24 | €62,593 | €48,721 | -€13,871 | -22.2% |
| Leasing and similar rights | 25 | €85,392 | €72,617 | -€12,775 | -15.0% |
| Financial fixed assets | 28 | €69 | €69 | = | 0.0% |
| Current assets | 29/58 | €1,677,822 | €647,132 | -€1.0m | -61.4% |
| Amounts receivable after more than one year | 29 | €82,423 | €50,517 | -€31,906 | -38.7% |
| Other amounts receivable | 291 | €82,423 | €50,517 | -€31,906 | -38.7% |
| Amounts receivable within one year | 40/41 | €167,116 | €324,701 | +€157,586 | +94.3% |
| Trade receivables | 40 | €74,246 | - | -€74,246 | |
| Other amounts receivable | 41 | €92,870 | €324,701 | +€231,831 | +249.6% |
| Cash at bank and in hand | 54/58 | €1,427,603 | €269,149 | -€1.2m | -81.1% |
| Deferred charges and accrued income | 490/1 | €680 | €2,764 | +€2,084 | +306.5% |
| Total equity and liabilities | 10/49 | €1,870,059 | €805,278 | -€1.1m | -56.9% |
| Equity | 10/15 | €943,761 | €764,492 | -€179,269 | -19.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €833,761 | €654,492 | -€179,269 | -21.5% |
| Amounts payable | 17/49 | €926,299 | €40,786 | -€885,513 | -95.6% |
| Amounts payable within one year | 42/48 | €926,299 | €40,786 | -€885,513 | -95.6% |
| Current portion of amounts payable after more than one year | 42 | €28,898 | €28,898 | = | 0.0% |
| Financial debts | 43 | - | €4,243 | +€4,243 | |
| Credit institutions | 430/8 | - | €4,243 | +€4,243 | |
| Trade debts | 44 | €40,257 | €7,644 | -€32,613 | -81.0% |
| Suppliers | 440/4 | €40,257 | €7,644 | -€32,613 | -81.0% |
| Taxes, remuneration and social security | 45 | €257,143 | - | -€257,143 | |
| Taxes | 450/3 | €257,143 | - | -€257,143 | |
| Other amounts payable | 47/48 | €600,000 | - | -€600,000 | |
| Non-recurring operating income | 76A | €1,829,928 | - | -€1.8m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,854 | €41,338 | +€6,483 | +18.6% |
| Other operating charges | 640/8 | €90,159 | €33,521 | -€56,638 | -62.8% |
| Gross operating margin | 9900 | €1,662,514 | -€58,195 | -€1.7m | |
| Operating profit (loss) | 9901 | €1,537,501 | -€133,054 | -€1.7m | |
| Financial income | 75/76B | €64,485 | €10,798 | -€53,687 | -83.3% |
| Recurring financial income | 75 | €64,485 | €10,798 | -€53,687 | -83.3% |
| Financial charges | 65/66B | €9,858 | €633 | -€9,225 | -93.6% |
| Recurring financial charges | 65 | €9,858 | €633 | -€9,225 | -93.6% |
| Profit (loss) for the period before taxes | 9903 | €1,592,128 | -€122,890 | -€1.7m | |
| Income taxes | 67/77 | €6,800 | €56,379 | +€49,579 | +729.0% |
| Profit (loss) for the period | 9904 | €1,585,327 | -€179,269 | -€1.8m | |
| Profit (loss) for the period to be appropriated | 9905 | €1,585,327 | -€179,269 | -€1.8m |
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 30 September 2026 via checked.be.