FDIR management: 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.
FDIR management
Largest movements
- Current investments +€1.5m
new in 2024: €1.5m
- Financial fixed assets -€580,000
no longer reported in 2024 (was €580,000)
- Receivables within one year +€57,119
up €57,119 (+2026.8%), from €2,818 to €59,937
of which Other amounts receivable: +€56,796
- Cash +€30,343
up €30,343 (+99.7%), from €30,447 to €60,790
mainly Net result for the year (+€865,003) and Investment in fixed assets (net) (+€449,110)
- Reserves +€865,003
up €865,003 (+93.2%), from €928,164 to €1.8m
- Other debts +€94,615
up €94,615 (+29.6%), from €320,057 to €414,672
- Tax, wage and social debts +€79,523
up €79,523 (+1414.0%), from €5,624 to €85,147
- Trade debts +€32,705
up €32,705 (+113.3%), from €28,855 to €61,560
- Gross operating margin +€986,674
up €986,674 (+2064.9%), from €47,784 to €1.0m
- Taxes +€83,863
up €83,863 (+3179.3%), from €2,638 to €86,500
- Financial income -€69,430
down €69,430 (-63.1%), from €110,000 to €40,570
- Depreciation +€17,874
up €17,874 (+17.5%), from €102,150 to €120,025
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 | €1,496,981 | €2,567,347 | +€1.1m | +71.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,203,995 | €634,860 | -€569,135 | -47.3% |
| Tangible fixed assets | 22/27 | €623,995 | €634,860 | +€10,865 | +1.7% |
| Land and buildings | 22 | - | €41,575 | +€41,575 | |
| Plant, machinery and equipment | 23 | €365,260 | €339,605 | -€25,655 | -7.0% |
| Furniture and vehicles | 24 | €258,735 | €253,680 | -€5,055 | -2.0% |
| Financial fixed assets | 28 | €580,000 | - | -€580,000 | |
| Current assets | 29/58 | €292,987 | €1,932,488 | +€1.6m | +559.6% |
| Stocks and contracts in progress | 3 | €258,600 | €270,600 | +€12,000 | +4.6% |
| Stocks | 30/36 | €258,600 | €270,600 | +€12,000 | +4.6% |
| Amounts receivable within one year | 40/41 | €2,818 | €59,937 | +€57,119 | +2026.8% |
| Trade receivables | 40 | - | €323 | +€323 | |
| Other amounts receivable | 41 | €2,818 | €59,614 | +€56,796 | +2015.4% |
| Current investments | 50/53 | - | €1,540,790 | +€1.5m | |
| Cash at bank and in hand | 54/58 | €30,447 | €60,790 | +€30,343 | +99.7% |
| Deferred charges and accrued income | 490/1 | €1,122 | €370 | -€751 | -67.0% |
| Total equity and liabilities | 10/49 | €1,496,981 | €2,567,347 | +€1.1m | +71.5% |
| Equity | 10/15 | €1,138,964 | €2,003,968 | +€865,003 | +75.9% |
| Contributions | 10/11 | €210,800 | €210,800 | = | 0.0% |
| Reserves | 13 | €928,164 | €1,793,168 | +€865,003 | +93.2% |
| Distributable reserves | 133 | €928,164 | €1,793,168 | +€865,003 | +93.2% |
| Amounts payable | 17/49 | €358,017 | €563,380 | +€205,363 | +57.4% |
| Amounts payable within one year | 42/48 | €356,017 | €561,380 | +€205,363 | +57.7% |
| Current portion of amounts payable after more than one year | 42 | €1,481 | - | -€1,481 | |
| Trade debts | 44 | €28,855 | €61,560 | +€32,705 | +113.3% |
| Suppliers | 440/4 | €28,855 | €61,560 | +€32,705 | +113.3% |
| Taxes, remuneration and social security | 45 | €5,624 | €85,147 | +€79,523 | +1414.0% |
| Taxes | 450/3 | €5,624 | €85,147 | +€79,523 | +1414.0% |
| Other amounts payable | 47/48 | €320,057 | €414,672 | +€94,615 | +29.6% |
| Accrued charges and deferred income | 492/3 | €2,000 | €2,000 | = | 0.0% |
| Non-recurring operating income | 76A | - | €1,106,833 | +€1.1m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €102,150 | €120,025 | +€17,874 | +17.5% |
| Other operating charges | 640/8 | €1,128 | €1,882 | +€753 | +66.8% |
| Gross operating margin | 9900 | €47,784 | €1,034,458 | +€986,674 | +2064.9% |
| Operating profit (loss) | 9901 | -€55,495 | €912,551 | +€968,046 | |
| Financial income | 75/76B | €110,000 | €40,570 | -€69,430 | -63.1% |
| Recurring financial income | 75 | €110,000 | €40,570 | -€69,430 | -63.1% |
| Financial charges | 65/66B | €547 | €1,617 | +€1,070 | +195.5% |
| Recurring financial charges | 65 | €547 | €1,617 | +€1,070 | +195.5% |
| Profit (loss) for the period before taxes | 9903 | €53,958 | €951,504 | +€897,546 | +1663.4% |
| Income taxes | 67/77 | €2,638 | €86,500 | +€83,863 | +3179.3% |
| Profit (loss) for the period | 9904 | €51,320 | €865,003 | +€813,684 | +1585.5% |
| Profit (loss) for the period to be appropriated | 9905 | €51,320 | €865,003 | +€813,684 | +1585.5% |
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 30 September 2026 via checked.be.