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FDDC: 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.

What changed

FDDC

BE 0558.843.625
NACE 93.127, Equestrian clubs
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€242,476
2023 · -€302,355+€59,879
Equity
-€1.4m
2023 · -€1.2m-€242,476
Cash
€5,877
2023 · €64,714-€58,837
Balance sheet total
€1.5m
2023 · €1.7m-€205,336

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets -€96,814

    down €96,814 (-6.2%), from €1.5m to €1.5m

    of which Plant, machinery and equipment: -€74,464

  • Cash -€58,837

    down €58,837 (-90.9%), from €64,714 to €5,877

    mainly Net result for the year (-€242,476) and Trade debts (-€40,438)

  • Receivables within one year -€48,690

    down €48,690 (-40.7%), from €119,759 to €71,069

    of which Other amounts receivable: -€49,015

Equity and liabilities
  • Profit (loss) carried forward -€242,476

    down €242,476 (-19.8%), from -€1.2m to -€1.5m

  • Other debts +€81,000

    up €81,000 (+3.3%), from €2.5m to €2.5m

  • Trade debts -€40,438

    down €40,438 (-8.3%), from €488,001 to €447,563

Income statement
  • Gross operating margin +€59,312

    up €59,312 (+30.1%), from -€196,768 to -€137,456

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€302,355
Gross operating margin +€59,312
Depreciation +€1,279
Other operating charges -€742
Financial income +€0
Financial charges +€30
Result 2024 -€242,476

Cash bridge derived

cash 2023 to 2024

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.

From operations -€58,837
Investment €0
Financing €0
Cash 2023 €64,714
Net result for the year -€242,476
Depreciation +€98,016
Receivables within one year +€48,690
Smaller working-capital items -€301
Trade debts -€40,438
Tax, wage and social debts -€3,328
Other debts +€81,000
Cash 2024 €5,877
Every line side by side 36 lines
Line Code 2023 2024 Change %
Total assets 20/58 €1,738,519 €1,533,183 -€205,336 -11.8%
Fixed assets 21/28 €1,550,439 €1,452,423 -€98,016 -6.3%
Intangible fixed assets 21 €1,202 €0 -€1,202 -100.0%
Tangible fixed assets 22/27 €1,549,237 €1,452,423 -€96,814 -6.2%
Land and buildings 22 €340,205 €317,856 -€22,349 -6.6%
Plant, machinery and equipment 23 €1,209,032 €1,134,567 -€74,464 -6.2%
Furniture and vehicles 24 €0 €0 =
Current assets 29/58 €188,080 €80,759 -€107,320 -57.1%
Amounts receivable within one year 40/41 €119,759 €71,069 -€48,690 -40.7%
Trade receivables 40 €45,550 €45,875 +€325 +0.7%
Other amounts receivable 41 €74,209 €25,194 -€49,015 -66.0%
Cash at bank and in hand 54/58 €64,714 €5,877 -€58,837 -90.9%
Deferred charges and accrued income 490/1 €3,607 €3,813 +€206 +5.7%
Total equity and liabilities 10/49 €1,738,519 €1,533,183 -€205,336 -11.8%
Equity 10/15 -€1,206,308 -€1,448,784 -€242,476 -20.1%
Contributions 10/11 €18,600 €18,600 = 0.0%
Profit (loss) carried forward 14 -€1,224,908 -€1,467,384 -€242,476 -19.8%
Amounts payable 17/49 €2,944,827 €2,981,966 +€37,139 +1.3%
Amounts payable within one year 42/48 €2,944,732 €2,981,966 +€37,234 +1.3%
Trade debts 44 €488,001 €447,563 -€40,438 -8.3%
Suppliers 440/4 €488,001 €447,563 -€40,438 -8.3%
Taxes, remuneration and social security 45 €3,528 €200 -€3,328 -94.3%
Taxes 450/3 €3,528 €200 -€3,328 -94.3%
Other amounts payable 47/48 €2,453,203 €2,534,203 +€81,000 +3.3%
Accrued charges and deferred income 492/3 €95 €0 -€95 -100.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €99,295 €98,016 -€1,279 -1.3%
Other operating charges 640/8 €6,116 €6,858 +€742 +12.1%
Gross operating margin 9900 -€196,768 -€137,456 +€59,312 +30.1%
Operating profit (loss) 9901 -€302,178 -€242,329 +€59,849 +19.8%
Financial income 75/76B - €0 +€0
Recurring financial income 75 - €0 +€0
Financial charges 65/66B €176 €146 -€30 -17.0%
Recurring financial charges 65 €176 €146 -€30 -17.0%
Profit (loss) for the period before taxes 9903 -€302,355 -€242,476 +€59,879 +19.8%
Profit (loss) for the period 9904 -€302,355 -€242,476 +€59,879 +19.8%
Profit (loss) for the period to be appropriated 9905 -€302,355 -€242,476 +€59,879 +19.8%

Source: filed annual accounts (NBB), fiscal years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.