FDO Services: 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.
FDO Services
Largest movements
- Tangible fixed assets +€98,375
up €98,375 (+40.4%), from €243,296 to €341,672
of which Leasing and similar rights: +€113,114
- Receivables within one year +€82,119
up €82,119 (+31.6%), from €259,664 to €341,783
of which Trade receivables: +€88,221
- Cash +€57,341
up €57,341 (+93.1%), from €61,568 to €118,909
mainly Net result for the year (+€102,341) and Trade debts (+€58,715)
- Profit (loss) carried forward +€102,341
up €102,341 (+101.4%), from €100,929 to €203,270
- Trade debts +€58,715
up €58,715 (+81.2%), from €72,334 to €131,049
- Debts after one year +€51,486
up €51,486 (+30.2%), from €170,712 to €222,198
- Current portion of long-term debt +€21,976
up €21,976 (+76.3%), from €28,791 to €50,767
- Gross operating margin +€88,955
up €88,955 (+48.1%), from €185,030 to €273,985
- Taxes +€9,122
up €9,122 (+56.2%), from €16,238 to €25,360
- Staff costs +€8,331
up €8,331 (+8.8%), from €94,299 to €102,631
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 | €582,383 | €821,029 | +€238,646 | +41.0% |
| Fixed assets | 21/28 | €255,644 | €353,869 | +€98,225 | +38.4% |
| Intangible fixed assets | 21 | €347 | €197 | -€150 | -43.2% |
| Tangible fixed assets | 22/27 | €243,296 | €341,672 | +€98,375 | +40.4% |
| Land and buildings | 22 | €169,367 | €162,242 | -€7,125 | -4.2% |
| Plant, machinery and equipment | 23 | €1,985 | €65 | -€1,920 | -96.7% |
| Furniture and vehicles | 24 | €24,647 | €19,094 | -€5,554 | -22.5% |
| Leasing and similar rights | 25 | €45,910 | €159,024 | +€113,114 | +246.4% |
| Other tangible fixed assets | 26 | €1,388 | €1,248 | -€140 | -10.1% |
| Financial fixed assets | 28 | €12,000 | €12,000 | = | 0.0% |
| Current assets | 29/58 | €326,739 | €467,159 | +€140,420 | +43.0% |
| Amounts receivable within one year | 40/41 | €259,664 | €341,783 | +€82,119 | +31.6% |
| Trade receivables | 40 | €230,595 | €318,815 | +€88,221 | +38.3% |
| Other amounts receivable | 41 | €29,070 | €22,968 | -€6,102 | -21.0% |
| Cash at bank and in hand | 54/58 | €61,568 | €118,909 | +€57,341 | +93.1% |
| Deferred charges and accrued income | 490/1 | €5,507 | €6,468 | +€961 | +17.4% |
| Total equity and liabilities | 10/49 | €582,383 | €821,029 | +€238,646 | +41.0% |
| Equity | 10/15 | €266,389 | €368,730 | +€102,341 | +38.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €146,860 | €146,860 | = | 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% |
| Distributable reserves | 133 | €145,000 | €145,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €100,929 | €203,270 | +€102,341 | +101.4% |
| Amounts payable | 17/49 | €315,994 | €452,298 | +€136,304 | +43.1% |
| Amounts payable after more than one year | 17 | €170,712 | €222,198 | +€51,486 | +30.2% |
| Financial debts | 170/4 | €170,712 | €222,198 | +€51,486 | +30.2% |
| Amounts payable within one year | 42/48 | €145,082 | €228,522 | +€83,440 | +57.5% |
| Current portion of amounts payable after more than one year | 42 | €28,791 | €50,767 | +€21,976 | +76.3% |
| Trade debts | 44 | €72,334 | €131,049 | +€58,715 | +81.2% |
| Suppliers | 440/4 | €72,334 | €131,049 | +€58,715 | +81.2% |
| Taxes, remuneration and social security | 45 | €43,957 | €46,706 | +€2,749 | +6.3% |
| Taxes | 450/3 | €29,419 | €28,853 | -€566 | -1.9% |
| Remuneration and social security | 454/9 | €14,538 | €17,853 | +€3,315 | +22.8% |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Accrued charges and deferred income | 492/3 | €200 | €1,578 | +€1,378 | +688.9% |
| Remuneration, social security and pensions | 62 | €94,299 | €102,631 | +€8,331 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,721 | €32,992 | +€271 | +0.8% |
| Other operating charges | 640/8 | €2,591 | €2,075 | -€515 | -19.9% |
| Non-recurring operating charges | 66A | €82 | €1,971 | +€1,889 | +2303.0% |
| Gross operating margin | 9900 | €185,030 | €273,985 | +€88,955 | +48.1% |
| Operating profit (loss) | 9901 | €55,337 | €134,316 | +€78,978 | +142.7% |
| Financial income | 75/76B | €192 | €225 | +€33 | +17.2% |
| Recurring financial income | 75 | €192 | €225 | +€33 | +17.2% |
| Financial charges | 65/66B | €8,522 | €6,839 | -€1,682 | -19.7% |
| Recurring financial charges | 65 | €8,522 | €6,839 | -€1,682 | -19.7% |
| Profit (loss) for the period before taxes | 9903 | €47,008 | €127,702 | +€80,694 | +171.7% |
| Income taxes | 67/77 | €16,238 | €25,360 | +€9,122 | +56.2% |
| Profit (loss) for the period | 9904 | €30,769 | €102,341 | +€71,572 | +232.6% |
| Profit (loss) for the period to be appropriated | 9905 | €30,769 | €102,341 | +€71,572 | +232.6% |
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 9 October 2026 via checked.be.