FC Management: 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.
FC Management
Largest movements
- Receivables within one year +€134,328
up €134,328 (+64.5%), from €208,346 to €342,674
of which Trade receivables: +€238,397
- Cash -€6,450
down €6,450 (-75.9%), from €8,496 to €2,046
mainly Receivables within one year (-€134,328) and Advances received (-€110,000)
- Advances received -€110,000
down €110,000 (-100.0%), from €110,000 to €0
- Debts after one year +€104,155
up €104,155 (+256.9%), from €40,544 to €144,700
of which Financial debts: +€104,375
- Profit (loss) carried forward +€51,193
up €51,193 (+142.0%), from €36,051 to €87,243
- Trade debts +€42,294
up €42,294 (+649.5%), from €6,512 to €48,806
- Current portion of long-term debt +€40,690
new in 2024: €40,690
- Gross operating margin +€89,276
up €89,276 (+235.0%), from €37,985 to €127,261
- Staff costs +€35,005
up €35,005 (+197.8%), from €17,693 to €52,698
- Financial charges -€16,261
down €16,261 (-85.6%), from €18,988 to €2,727
- Taxes +€13,962
new in 2024: €13,962
- Depreciation +€1,692
up €1,692 (+300.0%), from €564 to €2,256
From the 31-12-2023 result to the 31-12-2024 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 31-12-2023 and 31-12-2024 balance sheets and the 31-12-2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2023 | 31-12-2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €283,148 | €409,736 | +€126,587 | +44.7% |
| Fixed assets | 21/28 | €66,307 | €64,051 | -€2,256 | -3.4% |
| Tangible fixed assets | 22/27 | €6,767 | €4,510 | -€2,256 | -33.3% |
| Furniture and vehicles | 24 | €6,767 | €4,510 | -€2,256 | -33.3% |
| Financial fixed assets | 28 | €59,541 | €59,541 | = | 0.0% |
| Current assets | 29/58 | €216,841 | €345,685 | +€128,844 | +59.4% |
| Amounts receivable within one year | 40/41 | €208,346 | €342,674 | +€134,328 | +64.5% |
| Trade receivables | 40 | €102,879 | €341,276 | +€238,397 | +231.7% |
| Other amounts receivable | 41 | €105,467 | €1,399 | -€104,069 | -98.7% |
| Cash at bank and in hand | 54/58 | €8,496 | €2,046 | -€6,450 | -75.9% |
| Deferred charges and accrued income | 490/1 | - | €965 | +€965 | |
| Total equity and liabilities | 10/49 | €283,148 | €409,736 | +€126,587 | +44.7% |
| Equity | 10/15 | €57,051 | €108,243 | +€51,193 | +89.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Capital | 10 | €1,000 | - | -€1,000 | |
| Issued capital | 100 | €1,000 | - | -€1,000 | |
| Reserves | 13 | €20,000 | €20,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,000 | - | -€20,000 | |
| Legal reserve | 130 | €20,000 | - | -€20,000 | |
| Distributable reserves | 133 | - | €20,000 | +€20,000 | |
| Profit (loss) carried forward | 14 | €36,051 | €87,243 | +€51,193 | +142.0% |
| Amounts payable | 17/49 | €226,098 | €301,493 | +€75,395 | +33.3% |
| Amounts payable after more than one year | 17 | €40,544 | €144,700 | +€104,155 | +256.9% |
| Financial debts | 170/4 | €40,324 | €144,700 | +€104,375 | +258.8% |
| Other amounts payable | 178/9 | €220 | €0 | -€220 | -100.0% |
| Amounts payable within one year | 42/48 | €185,554 | €156,699 | -€28,854 | -15.6% |
| Current portion of amounts payable after more than one year | 42 | - | €40,690 | +€40,690 | |
| Trade debts | 44 | €6,512 | €48,806 | +€42,294 | +649.5% |
| Suppliers | 440/4 | €6,512 | €48,806 | +€42,294 | +649.5% |
| Advances received on contracts in progress | 46 | €110,000 | €0 | -€110,000 | -100.0% |
| Taxes, remuneration and social security | 45 | €69,042 | €62,821 | -€6,221 | -9.0% |
| Taxes | 450/3 | €63,022 | €55,164 | -€7,858 | -12.5% |
| Remuneration and social security | 454/9 | €6,020 | €7,657 | +€1,637 | +27.2% |
| Other amounts payable | 47/48 | - | €4,383 | +€4,383 | |
| Accrued charges and deferred income | 492/3 | - | €93 | +€93 | |
| Remuneration, social security and pensions | 62 | €17,693 | €52,698 | +€35,005 | +197.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €564 | €2,256 | +€1,692 | +300.0% |
| Other operating charges | 640/8 | €3,068 | €4,425 | +€1,357 | +44.2% |
| Gross operating margin | 9900 | €37,985 | €127,261 | +€89,276 | +235.0% |
| Operating profit (loss) | 9901 | €16,660 | €67,882 | +€51,221 | +307.4% |
| Financial charges | 65/66B | €18,988 | €2,727 | -€16,261 | -85.6% |
| Recurring financial charges | 65 | €18,988 | €2,727 | -€16,261 | -85.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,327 | €65,155 | +€67,482 | |
| Income taxes | 67/77 | - | €13,962 | +€13,962 | |
| Profit (loss) for the period | 9904 | -€2,327 | €51,193 | +€53,520 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,327 | €51,193 | +€53,520 |
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.