FERNAND TALPE: 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.
FERNAND TALPE
Largest movements
- Financial fixed assets -€508,026
down €508,026 (-89.1%), from €569,956 to €61,930
- Receivables within one year +€362,063
up €362,063 (+48.9%), from €739,671 to €1.1m
of which Other amounts receivable: +€368,113
- Deferred charges and accrued income +€25,019
new in 2024: €25,019
- Other debts -€152,738
down €152,738 (-81.0%), from €188,531 to €35,794
- Reserves +€24,836
up €24,836 (+8.4%), from €295,752 to €320,588
of which Distributable reserves: +€24,836
- Financial income +€43,844
up €43,844 (+170,004%), from €26 to €43,870
of which Financial income: +€43,870
- Other operating charges -€4,664
down €4,664 (-79.9%), from €5,838 to €1,174
- Gross operating margin +€2,215
up €2,215 (+11.8%), from -€18,746 to -€16,531
- Taxes -€1,504
down €1,504 (-100%), from €1,504 to €0
- Financial charges -€417
down €417 (-23.9%), from €1,747 to €1,330
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 | €1,315,873 | €1,189,064 | -€126,809 | -9.6% |
| Fixed assets | 21/28 | €569,956 | €61,930 | -€508,026 | -89.1% |
| Financial fixed assets | 28 | €569,956 | €61,930 | -€508,026 | -89.1% |
| Current assets | 29/58 | €745,917 | €1,127,134 | +€381,217 | +51.1% |
| Amounts receivable within one year | 40/41 | €739,671 | €1,101,734 | +€362,063 | +48.9% |
| Trade receivables | 40 | €6,050 | €0 | -€6,050 | -100% |
| Other amounts receivable | 41 | €733,621 | €1,101,734 | +€368,113 | +50.2% |
| Cash at bank and in hand | 54/58 | €6,246 | €381 | -€5,865 | -93.9% |
| Deferred charges and accrued income | 490/1 | - | €25,019 | +€25,019 | |
| Total equity and liabilities | 10/49 | €1,315,873 | €1,189,064 | -€126,809 | -9.6% |
| Equity | 10/15 | €1,120,598 | €1,145,434 | +€24,836 | +2.2% |
| Contributions | 10/11 | €824,846 | €824,846 | = | 0.0% |
| Reserves | 13 | €295,752 | €320,588 | +€24,836 | +8.4% |
| Non-distributable reserves | 130/1 | €50,000 | €50,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €50,000 | €50,000 | = | 0.0% |
| Distributable reserves | 133 | €245,752 | €270,588 | +€24,836 | +10.1% |
| Amounts payable | 17/49 | €195,275 | €43,630 | -€151,644 | -77.7% |
| Amounts payable within one year | 42/48 | €195,275 | €39,825 | -€155,450 | -79.6% |
| Financial debts | 43 | €225 | €724 | +€500 | +222% |
| Credit institutions | 430/8 | €225 | €724 | +€500 | +222% |
| Trade debts | 44 | €6,519 | €3,307 | -€3,211 | -49.3% |
| Suppliers | 440/4 | €6,519 | €3,307 | -€3,211 | -49.3% |
| Other amounts payable | 47/48 | €188,531 | €35,794 | -€152,738 | -81.0% |
| Accrued charges and deferred income | 492/3 | - | €3,805 | +€3,805 | |
| Other operating charges | 640/8 | €5,838 | €1,174 | -€4,664 | -79.9% |
| Gross operating margin | 9900 | -€18,746 | -€16,531 | +€2,215 | +11.8% |
| Operating profit (loss) | 9901 | -€24,583 | -€17,704 | +€6,879 | +28.0% |
| Financial income | 75/76B | €26 | €43,870 | +€43,844 | +170,004% |
| Recurring financial income | 75 | €0 | €43,870 | +€43,870 | |
| Non-recurring financial income | 76B | €26 | €43,870 | +€43,844 | +170,004% |
| Financial charges | 65/66B | €1,747 | €1,330 | -€417 | -23.9% |
| Recurring financial charges | 65 | €1,747 | €1,330 | -€417 | -23.9% |
| Profit (loss) for the period before taxes | 9903 | -€26,304 | €24,836 | +€51,140 | |
| Income taxes | 67/77 | €1,504 | €0 | -€1,504 | -100% |
| Profit (loss) for the period | 9904 | -€27,808 | €24,836 | +€52,643 | |
| Profit (loss) for the period to be appropriated | 9905 | -€27,808 | €24,836 | +€52,643 |
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 19 October 2026 via checked.be.