FDS RENOVATION: 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.
FDS RENOVATION
Largest movements
- Receivables within one year +€228,335
up €228,335 (+261%), from €87,638 to €315,973
of which Trade receivables: +€191,645
- Cash -€9,404
down €9,404 (-98.0%), from €9,594 to €190
mainly Receivables within one year (-€228,335) and Debts after one year (-€9,080)
- Tangible fixed assets -€6,823
down €6,823 (-25.7%), from €26,553 to €19,730
- Trade debts +€190,977
up €190,977 (+575%), from €33,228 to €224,205
- Profit (loss) carried forward +€28,525
up €28,525 (+43.9%), from €64,906 to €93,431
- Debts after one year -€9,080
down €9,080 (-86.1%), from €10,550 to €1,470
- Turnover -€680,024
no longer reported in 2024 (was €680,024)
- Purchases and services -€616,435
no longer reported in 2024 (was €616,435)
- Gross operating margin -€18,662
down €18,662 (-27.8%), from €67,111 to €48,449
- Taxes -€7,756
down €7,756 (-41.6%), from €18,625 to €10,869
- Depreciation +€6,823
new in 2024: €6,823
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.
Derived cash bridge
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 | €143,817 | €355,926 | +€212,109 | +147% |
| Fixed assets | 21/28 | €26,553 | €19,730 | -€6,823 | -25.7% |
| Tangible fixed assets | 22/27 | €26,553 | €19,730 | -€6,823 | -25.7% |
| Furniture and vehicles | 24 | €26,553 | €19,730 | -€6,823 | -25.7% |
| Current assets | 29/58 | €117,264 | €336,195 | +€218,931 | +187% |
| Amounts receivable after more than one year | 29 | €20,000 | €20,000 | = | 0.0% |
| Trade receivables | 290 | €20,000 | €20,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €32 | €32 | +€0 | +0.7% |
| Stocks | 30/36 | €32 | €32 | +€0 | +0.7% |
| Amounts receivable within one year | 40/41 | €87,638 | €315,973 | +€228,335 | +261% |
| Trade receivables | 40 | €8,149 | €199,794 | +€191,645 | +2,352% |
| Other amounts receivable | 41 | €79,489 | €116,178 | +€36,689 | +46.2% |
| Cash at bank and in hand | 54/58 | €9,594 | €190 | -€9,404 | -98.0% |
| Total equity and liabilities | 10/49 | €143,817 | €355,926 | +€212,109 | +147% |
| Equity | 10/15 | €66,406 | €94,931 | +€28,525 | +43.0% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,906 | €93,431 | +€28,525 | +43.9% |
| Amounts payable | 17/49 | €77,411 | €260,994 | +€183,583 | +237% |
| Amounts payable after more than one year | 17 | €10,550 | €1,470 | -€9,080 | -86.1% |
| Financial debts | 170/4 | €10,550 | €1,470 | -€9,080 | -86.1% |
| Amounts payable within one year | 42/48 | €66,861 | €259,525 | +€192,664 | +288% |
| Current portion of amounts payable after more than one year | 42 | €6,779 | €8,466 | +€1,687 | +24.9% |
| Trade debts | 44 | €33,228 | €224,205 | +€190,977 | +575% |
| Suppliers | 440/4 | €33,228 | €224,205 | +€190,977 | +575% |
| Taxes, remuneration and social security | 45 | €26,854 | €26,854 | -€0 | 0.0% |
| Taxes | 450/3 | €26,854 | €26,854 | -€0 | 0.0% |
| Turnover | 70 | €680,024 | - | -€680,024 | |
| Goods, raw materials, services and sundry goods | 60/61 | €616,435 | - | -€616,435 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €6,823 | +€6,823 | |
| Other operating charges | 640/8 | €3,524 | €2,514 | -€1,010 | -28.7% |
| Gross operating margin | 9900 | €67,111 | €48,449 | -€18,662 | -27.8% |
| Operating profit (loss) | 9901 | €63,587 | €39,112 | -€24,475 | -38.5% |
| Financial income | 75/76B | - | €3,500 | +€3,500 | |
| Recurring financial income | 75 | - | €3,500 | +€3,500 | |
| Financial charges | 65/66B | €1,353 | €3,219 | +€1,866 | +138% |
| Recurring financial charges | 65 | €1,353 | €3,219 | +€1,866 | +138% |
| Profit (loss) for the period before taxes | 9903 | €62,234 | €39,393 | -€22,841 | -36.7% |
| Income taxes | 67/77 | €18,625 | €10,869 | -€7,756 | -41.6% |
| Profit (loss) for the period | 9904 | €43,609 | €28,525 | -€15,084 | -34.6% |
| Profit (loss) for the period to be appropriated | 9905 | €43,609 | €28,525 | -€15,084 | -34.6% |
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 23 October 2026 via checked.be.