FECICONSTRUCT: 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.
FECICONSTRUCT
Largest movements
- Receivables within one year -€9,466
down €9,466 (-43.7%), from €21,650 to €12,184
of which Other amounts receivable: -€12,343
- Cash +€7,649
up €7,649 (+93.9%), from €8,144 to €15,793
mainly Depreciation (+€10,342) and Short-term financial debts (+€9,690)
- Deferred charges and accrued income -€5,855
no longer reported in 2023 (was €5,855)
- Tangible fixed assets +€4,158
up €4,158 (+476%), from €874 to €5,032
of which Furniture and vehicles: +€5,032
- Profit (loss) carried forward -€33,451
down €33,451, from €13,519 to -€19,931
- Short-term financial debts +€9,690
new in 2023: €9,690
- Tax, wage and social debts +€8,583
up €8,583 (+660%), from €1,300 to €9,883
- Trade debts +€6,819
new in 2023: €6,819
- Other debts +€6,088
new in 2023: €6,088
- Gross operating margin -€34,421
down €34,421, from €13,228 to -€21,193
- Depreciation +€4,226
up €4,226 (+69.1%), from €6,117 to €10,342
- Taxes -€1,303
down €1,303 (-90.8%), from €1,434 to €132
- Other operating charges +€602
up €602 (+97.2%), from €620 to €1,222
- Financial charges -€312
down €312 (-27.6%), from €1,130 to €818
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,524 | €33,009 | -€3,515 | -9.6% |
| Fixed assets | 21/28 | €874 | €5,032 | +€4,158 | +476% |
| Tangible fixed assets | 22/27 | €874 | €5,032 | +€4,158 | +476% |
| Plant, machinery and equipment | 23 | €874 | - | -€874 | |
| Furniture and vehicles | 24 | - | €5,032 | +€5,032 | |
| Current assets | 29/58 | €35,650 | €27,977 | -€7,672 | -21.5% |
| Amounts receivable within one year | 40/41 | €21,650 | €12,184 | -€9,466 | -43.7% |
| Trade receivables | 40 | €664 | €3,541 | +€2,878 | +433% |
| Other amounts receivable | 41 | €20,986 | €8,643 | -€12,343 | -58.8% |
| Cash at bank and in hand | 54/58 | €8,144 | €15,793 | +€7,649 | +93.9% |
| Deferred charges and accrued income | 490/1 | €5,855 | - | -€5,855 | |
| Total equity and liabilities | 10/49 | €36,524 | €33,009 | -€3,515 | -9.6% |
| Equity | 10/15 | €33,979 | €529 | -€33,451 | -98.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €13,519 | -€19,931 | -€33,451 | |
| Amounts payable | 17/49 | €2,545 | €32,480 | +€29,936 | +1,176% |
| Amounts payable within one year | 42/48 | €1,300 | €32,480 | +€31,180 | +2,398% |
| Financial debts | 43 | - | €9,690 | +€9,690 | |
| Credit institutions | 430/8 | - | €9,690 | +€9,690 | |
| Trade debts | 44 | - | €6,819 | +€6,819 | |
| Suppliers | 440/4 | - | €6,819 | +€6,819 | |
| Taxes, remuneration and social security | 45 | €1,300 | €9,883 | +€8,583 | +660% |
| Taxes | 450/3 | €1,300 | €9,883 | +€8,583 | +660% |
| Other amounts payable | 47/48 | - | €6,088 | +€6,088 | |
| Accrued charges and deferred income | 492/3 | €1,245 | - | -€1,245 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,117 | €10,342 | +€4,226 | +69.1% |
| Other operating charges | 640/8 | €620 | €1,222 | +€602 | +97.2% |
| Gross operating margin | 9900 | €13,228 | -€21,193 | -€34,421 | |
| Operating profit (loss) | 9901 | €6,492 | -€32,757 | -€39,249 | |
| Financial income | 75/76B | €1 | €257 | +€256 | +51,208% |
| Recurring financial income | 75 | €1 | €257 | +€256 | +51,208% |
| Financial charges | 65/66B | €1,130 | €818 | -€312 | -27.6% |
| Recurring financial charges | 65 | €1,130 | €818 | -€312 | -27.6% |
| Profit (loss) for the period before taxes | 9903 | €5,362 | -€33,319 | -€38,681 | |
| Income taxes | 67/77 | €1,434 | €132 | -€1,303 | -90.8% |
| Profit (loss) for the period | 9904 | €3,928 | -€33,451 | -€37,378 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,928 | -€33,451 | -€37,378 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.