Fatos: 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.
Fatos
Largest movements
- Receivables within one year -€16,989
down €16,989 (-50.0%), from €33,977 to €16,988
of which Other amounts receivable: -€11,688
- Tangible fixed assets -€9,055
down €9,055 (-41.7%), from €21,714 to €12,659
of which Plant, machinery and equipment: -€8,682
- Cash -€6,423
down €6,423 (-27.3%), from €23,541 to €17,118
mainly Trade debts (-€39,250) and Tax, wage and social debts (-€3,062)
- Intangible fixed assets -€2,000
down €2,000 (-11.1%), from €18,000 to €16,000
- Trade debts -€39,250
down €39,250 (-86.7%), from €45,290 to €6,040
- Profit (loss) carried forward +€7,850
up €7,850 (+8.3%), from -€94,742 to -€86,892
- Tax, wage and social debts -€3,062
down €3,062 (-60.3%), from €5,076 to €2,014
of which Taxes: -€2,563
- Accrued charges and deferred income +€2,033
up €2,033 (+923.2%), from €220 to €2,253
- Turnover -€224,309
no longer reported in 2024 (was €224,309)
- Purchases and services -€178,903
no longer reported in 2024 (was €178,903)
- Gross operating margin +€102,873
up €102,873 (+226.6%), from €45,406 to €148,279
- Staff costs +€28,170
up €28,170 (+28.7%), from €98,257 to €126,427
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 | €103,333 | €69,185 | -€34,149 | -33.0% |
| Fixed assets | 21/28 | €43,714 | €32,659 | -€11,055 | -25.3% |
| Intangible fixed assets | 21 | €18,000 | €16,000 | -€2,000 | -11.1% |
| Tangible fixed assets | 22/27 | €21,714 | €12,659 | -€9,055 | -41.7% |
| Plant, machinery and equipment | 23 | €18,235 | €9,553 | -€8,682 | -47.6% |
| Other tangible fixed assets | 26 | €3,479 | €3,107 | -€373 | -10.7% |
| Financial fixed assets | 28 | €4,000 | €4,000 | = | 0.0% |
| Current assets | 29/58 | €59,619 | €36,525 | -€23,094 | -38.7% |
| Stocks and contracts in progress | 3 | €1,928 | €2,419 | +€491 | +25.5% |
| Stocks | 30/36 | €1,928 | €2,419 | +€491 | +25.5% |
| Amounts receivable within one year | 40/41 | €33,977 | €16,988 | -€16,989 | -50.0% |
| Trade receivables | 40 | €9,860 | €4,559 | -€5,301 | -53.8% |
| Other amounts receivable | 41 | €24,117 | €12,429 | -€11,688 | -48.5% |
| Cash at bank and in hand | 54/58 | €23,541 | €17,118 | -€6,423 | -27.3% |
| Deferred charges and accrued income | 490/1 | €173 | - | -€173 | |
| Total equity and liabilities | 10/49 | €103,333 | €69,185 | -€34,149 | -33.0% |
| Equity | 10/15 | -€76,030 | -€68,180 | +€7,850 | +10.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €112 | €112 | = | 0.0% |
| Non-distributable reserves | 130/1 | €112 | €112 | = | 0.0% |
| Reserves not available under the articles | 1311 | €112 | €112 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€94,742 | -€86,892 | +€7,850 | +8.3% |
| Amounts payable | 17/49 | €179,363 | €137,365 | -€41,999 | -23.4% |
| Amounts payable within one year | 42/48 | €179,143 | €135,112 | -€44,031 | -24.6% |
| Current portion of amounts payable after more than one year | 42 | €71,500 | €71,500 | = | 0.0% |
| Trade debts | 44 | €45,290 | €6,040 | -€39,250 | -86.7% |
| Suppliers | 440/4 | €45,290 | €6,040 | -€39,250 | -86.7% |
| Advances received on contracts in progress | 46 | €977 | - | -€977 | |
| Taxes, remuneration and social security | 45 | €5,076 | €2,014 | -€3,062 | -60.3% |
| Taxes | 450/3 | €4,576 | €2,014 | -€2,563 | -56.0% |
| Remuneration and social security | 454/9 | €500 | - | -€500 | |
| Other amounts payable | 47/48 | €56,300 | €55,558 | -€742 | -1.3% |
| Accrued charges and deferred income | 492/3 | €220 | €2,253 | +€2,033 | +923.2% |
| Turnover | 70 | €224,309 | - | -€224,309 | |
| Goods, raw materials, services and sundry goods | 60/61 | €178,903 | - | -€178,903 | |
| Remuneration, social security and pensions | 62 | €98,257 | €126,427 | +€28,170 | +28.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,505 | €10,782 | +€1,277 | +13.4% |
| Other operating charges | 640/8 | €1,081 | €2,550 | +€1,469 | +135.8% |
| Gross operating margin | 9900 | €45,406 | €148,279 | +€102,873 | +226.6% |
| Operating profit (loss) | 9901 | -€63,437 | €8,520 | +€71,957 | |
| Financial charges | 65/66B | €1,001 | €670 | -€331 | -33.0% |
| Recurring financial charges | 65 | €1,001 | €670 | -€331 | -33.0% |
| Profit (loss) for the period before taxes | 9903 | -€64,438 | €7,850 | +€72,288 | |
| Income taxes | 67/77 | €975 | - | -€975 | |
| Profit (loss) for the period | 9904 | -€65,413 | €7,850 | +€73,263 | |
| Profit (loss) for the period to be appropriated | 9905 | -€65,413 | €7,850 | +€73,263 |
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 12 October 2026 via checked.be.