FCG Properties: 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.
FCG Properties
Largest movements
- Cash +€272,569
up €272,569 (+1,995%), from €13,661 to €286,230
mainly Debts after one year (+€297,099) and Investment in fixed assets (net) (+€118,059)
- Tangible fixed assets -€145,421
down €145,421 (-14.7%), from €987,774 to €842,353
of which Land and buildings: -€148,018
- Debts after one year +€297,099
up €297,099 (+61.9%), from €480,306 to €777,405
- Other debts -€181,249
down €181,249 (-95.9%), from €189,049 to €7,800
- Profit (loss) carried forward +€12,146
up €12,146 (+5.0%), from €242,512 to €254,658
- Other operating charges +€27,762
up €27,762 (+797%), from €3,485 to €31,247
- Gross operating margin +€16,442
up €16,442 (+12.9%), from €127,018 to €143,460
- Taxes +€5,796
up €5,796 (+40.0%), from €14,497 to €20,293
- Depreciation -€4,998
down €4,998 (-15.4%), from €32,360 to €27,362
- Staff costs +€2,876
up €2,876 (+7.5%), from €38,416 to €41,292
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 | €1,063,068 | €1,178,519 | +€115,450 | +10.9% |
| Fixed assets | 21/28 | €987,774 | €842,353 | -€145,421 | -14.7% |
| Tangible fixed assets | 22/27 | €987,774 | €842,353 | -€145,421 | -14.7% |
| Land and buildings | 22 | €982,427 | €834,409 | -€148,018 | -15.1% |
| Plant, machinery and equipment | 23 | €2,002 | €1,273 | -€729 | -36.4% |
| Furniture and vehicles | 24 | €3,345 | €6,671 | +€3,326 | +99.4% |
| Current assets | 29/58 | €75,294 | €336,165 | +€260,872 | +346% |
| Amounts receivable within one year | 40/41 | €60,994 | €49,936 | -€11,059 | -18.1% |
| Trade receivables | 40 | €49,039 | €41,059 | -€7,980 | -16.3% |
| Other amounts receivable | 41 | €11,956 | €8,877 | -€3,079 | -25.8% |
| Cash at bank and in hand | 54/58 | €13,661 | €286,230 | +€272,569 | +1,995% |
| Deferred charges and accrued income | 490/1 | €639 | - | -€639 | |
| Total equity and liabilities | 10/49 | €1,063,068 | €1,178,519 | +€115,450 | +10.9% |
| Equity | 10/15 | €319,159 | €331,305 | +€12,146 | +3.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €23,360 | €23,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €21,500 | €21,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €242,512 | €254,658 | +€12,146 | +5.0% |
| Investment grants | 15 | €34,687 | €34,687 | = | 0.0% |
| Amounts payable | 17/49 | €743,909 | €847,214 | +€103,304 | +13.9% |
| Amounts payable after more than one year | 17 | €480,306 | €777,405 | +€297,099 | +61.9% |
| Financial debts | 170/4 | €480,306 | €777,405 | +€297,099 | +61.9% |
| Amounts payable within one year | 42/48 | €263,603 | €69,809 | -€193,795 | -73.5% |
| Current portion of amounts payable after more than one year | 42 | €43,964 | €43,608 | -€356 | -0.8% |
| Trade debts | 44 | €19,046 | €13,306 | -€5,740 | -30.1% |
| Suppliers | 440/4 | €19,046 | €13,306 | -€5,740 | -30.1% |
| Taxes, remuneration and social security | 45 | €11,545 | €5,094 | -€6,450 | -55.9% |
| Taxes | 450/3 | €6,992 | €477 | -€6,514 | -93.2% |
| Remuneration and social security | 454/9 | €4,553 | €4,617 | +€64 | +1.4% |
| Other amounts payable | 47/48 | €189,049 | €7,800 | -€181,249 | -95.9% |
| Non-recurring operating income | 76A | - | €101,714 | +€101,714 | |
| Remuneration, social security and pensions | 62 | €38,416 | €41,292 | +€2,876 | +7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,360 | €27,362 | -€4,998 | -15.4% |
| Other operating charges | 640/8 | €3,485 | €31,247 | +€27,762 | +797% |
| Gross operating margin | 9900 | €127,018 | €143,460 | +€16,442 | +12.9% |
| Operating profit (loss) | 9901 | €52,756 | €43,558 | -€9,198 | -17.4% |
| Financial income | 75/76B | - | €541 | +€541 | |
| Recurring financial income | 75 | - | €541 | +€541 | |
| Financial charges | 65/66B | €11,235 | €11,660 | +€425 | +3.8% |
| Recurring financial charges | 65 | €11,235 | €11,660 | +€425 | +3.8% |
| Profit (loss) for the period before taxes | 9903 | €41,522 | €32,439 | -€9,082 | -21.9% |
| Income taxes | 67/77 | €14,497 | €20,293 | +€5,796 | +40.0% |
| Profit (loss) for the period | 9904 | €27,024 | €12,146 | -€14,878 | -55.1% |
| Profit (loss) for the period to be appropriated | 9905 | €27,024 | €12,146 | -€14,878 | -55.1% |
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 20 October 2026 via checked.be.