FCS GROUP: 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.
FCS GROUP
Largest movements
- Receivables within one year +€233,569
up €233,569 (+159.2%), from €146,719 to €380,288
of which Trade receivables: +€233,804
- Cash +€20,488
up €20,488 (+275.6%), from €7,435 to €27,922
mainly Net result for the year (+€165,184) and Other debts (+€127,500)
- Financial fixed assets +€6,070
new in 2024: €6,070
- Other debts +€127,500
up €127,500 (+29245.8%), from €436 to €127,936
- Tax, wage and social debts +€90,569
up €90,569 (+332.3%), from €27,256 to €117,826
of which Taxes: +€87,155
- Trade debts +€30,260
up €30,260 (+42.2%), from €71,651 to €101,911
- Profit (loss) carried forward +€15,184
up €15,184 (+27.7%), from €54,744 to €69,928
- Gross operating margin +€149,857
up €149,857 (+120.5%), from €124,404 to €274,261
- Taxes +€49,647
up €49,647 (+334.0%), from €14,864 to €64,511
- Staff costs +€17,425
up €17,425 (+82.2%), from €21,202 to €38,626
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 | €162,147 | €425,660 | +€263,513 | +162.5% |
| Fixed assets | 21/28 | €7,993 | €15,948 | +€7,955 | +99.5% |
| Tangible fixed assets | 22/27 | €7,993 | €9,878 | +€1,885 | +23.6% |
| Plant, machinery and equipment | 23 | €531 | €376 | -€155 | -29.2% |
| Furniture and vehicles | 24 | €7,462 | €9,502 | +€2,040 | +27.3% |
| Financial fixed assets | 28 | - | €6,070 | +€6,070 | |
| Current assets | 29/58 | €154,153 | €409,712 | +€255,558 | +165.8% |
| Amounts receivable within one year | 40/41 | €146,719 | €380,288 | +€233,569 | +159.2% |
| Trade receivables | 40 | €99,648 | €333,452 | +€233,804 | +234.6% |
| Other amounts receivable | 41 | €47,071 | €46,836 | -€235 | -0.5% |
| Cash at bank and in hand | 54/58 | €7,435 | €27,922 | +€20,488 | +275.6% |
| Deferred charges and accrued income | 490/1 | - | €1,501 | +€1,501 | |
| Total equity and liabilities | 10/49 | €162,147 | €425,660 | +€263,513 | +162.5% |
| Equity | 10/15 | €62,804 | €77,988 | +€15,184 | +24.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €54,744 | €69,928 | +€15,184 | +27.7% |
| Amounts payable | 17/49 | €99,343 | €347,672 | +€248,329 | +250.0% |
| Amounts payable within one year | 42/48 | €99,343 | €347,672 | +€248,329 | +250.0% |
| Trade debts | 44 | €71,651 | €101,911 | +€30,260 | +42.2% |
| Suppliers | 440/4 | €71,651 | €101,911 | +€30,260 | +42.2% |
| Taxes, remuneration and social security | 45 | €27,256 | €117,826 | +€90,569 | +332.3% |
| Taxes | 450/3 | €13,701 | €100,856 | +€87,155 | +636.1% |
| Remuneration and social security | 454/9 | €13,556 | €16,970 | +€3,414 | +25.2% |
| Other amounts payable | 47/48 | €436 | €127,936 | +€127,500 | +29245.8% |
| Remuneration, social security and pensions | 62 | €21,202 | €38,626 | +€17,425 | +82.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,825 | €3,910 | +€2,085 | +114.3% |
| Other operating charges | 640/8 | €1,073 | €1,612 | +€538 | +50.2% |
| Gross operating margin | 9900 | €124,404 | €274,261 | +€149,857 | +120.5% |
| Operating profit (loss) | 9901 | €100,305 | €230,114 | +€129,809 | +129.4% |
| Financial income | 75/76B | €146 | €67 | -€79 | -54.0% |
| Recurring financial income | 75 | €146 | €67 | -€79 | -54.0% |
| Financial charges | 65/66B | €218 | €486 | +€268 | +122.6% |
| Recurring financial charges | 65 | €218 | €486 | +€268 | +122.6% |
| Profit (loss) for the period before taxes | 9903 | €100,232 | €229,695 | +€129,462 | +129.2% |
| Income taxes | 67/77 | €14,864 | €64,511 | +€49,647 | +334.0% |
| Profit (loss) for the period | 9904 | €85,368 | €165,184 | +€79,815 | +93.5% |
| Profit (loss) for the period to be appropriated | 9905 | €85,368 | €165,184 | +€79,815 | +93.5% |
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 3 October 2026 via checked.be.