FDC: 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.
FDC
Largest movements
- Cash +€129,792
up €129,792 (+947.1%), from €13,704 to €143,496
mainly Debts after one year (+€90,000) and Depreciation (+€26,847)
- Tangible fixed assets -€25,152
down €25,152 (-4.2%), from €602,503 to €577,351
of which Land and buildings: -€20,325
- Debts after one year +€90,000
up €90,000 (+25.0%), from €360,000 to €450,000
of which Financial debts: +€150,000
- Other debts +€18,057
up €18,057 (+5.2%), from €348,909 to €366,966
- Gross operating margin +€10,477
up €10,477 (+41.5%), from €25,217 to €35,693
- Financial charges +€3,472
up €3,472 (+55.5%), from €6,253 to €9,725
- Other operating charges +€931
up €931 (+45.4%), from €2,052 to €2,983
- Depreciation +€665
up €665 (+2.5%), from €26,182 to €26,847
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 | €622,138 | €726,699 | +€104,562 | +16.8% |
| Fixed assets | 21/28 | €602,503 | €577,351 | -€25,152 | -4.2% |
| Tangible fixed assets | 22/27 | €602,503 | €577,351 | -€25,152 | -4.2% |
| Land and buildings | 22 | €575,233 | €554,908 | -€20,325 | -3.5% |
| Plant, machinery and equipment | 23 | €23,374 | €17,964 | -€5,409 | -23.1% |
| Furniture and vehicles | 24 | €3,897 | €4,479 | +€583 | +14.9% |
| Current assets | 29/58 | €19,635 | €149,348 | +€129,714 | +660.6% |
| Amounts receivable within one year | 40/41 | €4,533 | €4,433 | -€99 | -2.2% |
| Trade receivables | 40 | €4,533 | €4,433 | -€99 | -2.2% |
| Cash at bank and in hand | 54/58 | €13,704 | €143,496 | +€129,792 | +947.1% |
| Deferred charges and accrued income | 490/1 | €1,398 | €1,419 | +€21 | +1.5% |
| Total equity and liabilities | 10/49 | €622,138 | €726,699 | +€104,562 | +16.8% |
| Equity | 10/15 | -€97,123 | -€100,985 | -€3,862 | -4.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€115,715 | -€119,577 | -€3,862 | -3.3% |
| Amounts payable | 17/49 | €719,261 | €827,684 | +€108,423 | +15.1% |
| Amounts payable after more than one year | 17 | €360,000 | €450,000 | +€90,000 | +25.0% |
| Financial debts | 170/4 | - | €150,000 | +€150,000 | |
| Other amounts payable | 178/9 | €360,000 | €300,000 | -€60,000 | -16.7% |
| Amounts payable within one year | 42/48 | €359,261 | €377,684 | +€18,423 | +5.1% |
| Trade debts | 44 | €4,583 | €2,822 | -€1,760 | -38.4% |
| Suppliers | 440/4 | €4,583 | €2,822 | -€1,760 | -38.4% |
| Advances received on contracts in progress | 46 | €5,770 | €7,896 | +€2,126 | +36.8% |
| Other amounts payable | 47/48 | €348,909 | €366,966 | +€18,057 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,182 | €26,847 | +€665 | +2.5% |
| Other operating charges | 640/8 | €2,052 | €2,983 | +€931 | +45.4% |
| Gross operating margin | 9900 | €25,217 | €35,693 | +€10,477 | +41.5% |
| Operating profit (loss) | 9901 | -€3,017 | €5,863 | +€8,880 | |
| Financial income | 75/76B | €2 | €0 | -€2 | -99.5% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -99.5% |
| Financial charges | 65/66B | €6,253 | €9,725 | +€3,472 | +55.5% |
| Recurring financial charges | 65 | €6,253 | €9,725 | +€3,472 | +55.5% |
| Profit (loss) for the period before taxes | 9903 | -€9,268 | -€3,862 | +€5,406 | +58.3% |
| Profit (loss) for the period | 9904 | -€9,268 | -€3,862 | +€5,406 | +58.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,268 | -€3,862 | +€5,406 | +58.3% |
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 28 September 2026 via checked.be.