FB TECH: 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.
FB TECH
Largest movements
- Receivables within one year +€30,378
up €30,378 (+561.1%), from €5,414 to €35,792
of which Trade receivables: +€33,087
- Cash -€14,988
down €14,988 (-51.3%), from €29,231 to €14,242
mainly Receivables within one year (-€30,378) and Tax, wage and social debts (-€4,472)
- Tangible fixed assets -€2,034
down €2,034 (-30.4%), from €6,699 to €4,666
of which Plant, machinery and equipment: -€1,715
- Trade debts +€15,434
up €15,434 (+125.0%), from €12,351 to €27,784
- Short-term financial debts +€4,779
new in 2023: €4,779
- Tax, wage and social debts -€4,472
down €4,472 (-43.1%), from €10,366 to €5,894
of which Remuneration and social security: -€5,226
- Profit (loss) carried forward -€1,059
new in 2023: -€1,059
- Other debts -€930
down €930 (-27.5%), from €3,380 to €2,449
- Gross operating margin -€41,393
down €41,393 (-93.3%), from €44,351 to €2,958
- Purchases and services -€36,786
down €36,786 (-21.9%), from €167,678 to €130,892
- Staff costs -€24,039
no longer reported in 2023 (was €24,039)
- Taxes -€3,209
no longer reported in 2023 (was €3,209)
- Financial charges -€542
down €542 (-35.1%), from €1,545 to €1,003
of which Financial charges: -€337
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €41,605 | €55,357 | +€13,752 | +33.1% |
| Fixed assets | 21/28 | €6,874 | €4,895 | -€1,979 | -28.8% |
| Tangible fixed assets | 22/27 | €6,699 | €4,666 | -€2,034 | -30.4% |
| Plant, machinery and equipment | 23 | €5,072 | €3,357 | -€1,715 | -33.8% |
| Furniture and vehicles | 24 | €1,627 | €1,308 | -€318 | -19.6% |
| Financial fixed assets | 28 | €175 | €229 | +€54 | +31.0% |
| Current assets | 29/58 | €34,731 | €50,462 | +€15,731 | +45.3% |
| Amounts receivable within one year | 40/41 | €5,414 | €35,792 | +€30,378 | +561.1% |
| Trade receivables | 40 | €2,634 | €35,721 | +€33,087 | +1256.1% |
| Other amounts receivable | 41 | €2,780 | €71 | -€2,709 | -97.5% |
| Cash at bank and in hand | 54/58 | €29,231 | €14,242 | -€14,988 | -51.3% |
| Deferred charges and accrued income | 490/1 | €86 | €428 | +€341 | +395.1% |
| Total equity and liabilities | 10/49 | €41,605 | €55,357 | +€13,752 | +33.1% |
| Equity | 10/15 | €15,509 | €14,450 | -€1,059 | -6.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €10,509 | €10,509 | = | 0.0% |
| Distributable reserves | 133 | €10,509 | €10,509 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€1,059 | -€1,059 | |
| Amounts payable | 17/49 | €26,096 | €40,907 | +€14,810 | +56.8% |
| Amounts payable within one year | 42/48 | €26,096 | €40,907 | +€14,810 | +56.8% |
| Financial debts | 43 | - | €4,779 | +€4,779 | |
| Credit institutions | 430/8 | - | €4,779 | +€4,779 | |
| Trade debts | 44 | €12,351 | €27,784 | +€15,434 | +125.0% |
| Suppliers | 440/4 | €12,351 | €27,784 | +€15,434 | +125.0% |
| Taxes, remuneration and social security | 45 | €10,366 | €5,894 | -€4,472 | -43.1% |
| Taxes | 450/3 | €3,209 | €3,963 | +€754 | +23.5% |
| Remuneration and social security | 454/9 | €7,157 | €1,931 | -€5,226 | -73.0% |
| Other amounts payable | 47/48 | €3,380 | €2,449 | -€930 | -27.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €167,678 | €130,892 | -€36,786 | -21.9% |
| Remuneration, social security and pensions | 62 | €24,039 | - | -€24,039 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,250 | €2,537 | +€287 | +12.8% |
| Other operating charges | 640/8 | €112 | €302 | +€190 | +168.7% |
| Non-recurring operating charges | 66A | €2,687 | €175 | -€2,512 | -93.5% |
| Gross operating margin | 9900 | €44,351 | €2,958 | -€41,393 | -93.3% |
| Operating profit (loss) | 9901 | €15,262 | -€56 | -€15,319 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Non-recurring financial income | 76B | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,545 | €1,003 | -€542 | -35.1% |
| Recurring financial charges | 65 | €1,340 | €1,003 | -€337 | -25.2% |
| Non-recurring financial charges | 66B | €205 | - | -€205 | |
| Profit (loss) for the period before taxes | 9903 | €13,718 | -€1,059 | -€14,777 | |
| Income taxes | 67/77 | €3,209 | - | -€3,209 | |
| Profit (loss) for the period | 9904 | €10,509 | -€1,059 | -€11,568 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,509 | -€1,059 | -€11,568 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.