FETCHMINT: 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.
FETCHMINT
Largest movements
- Cash -€25,356
down €25,356 (-54.3%), from €46,675 to €21,320
mainly Net result for the year (-€9,353) and Investment in fixed assets (net) (-€5,451)
- Receivables within one year +€3,475
up €3,475 (+17.6%), from €19,705 to €23,180
of which Other amounts receivable: +€4,393
- Tangible fixed assets +€3,360
up €3,360 (+58.2%), from €5,770 to €9,130
of which Other tangible fixed assets: +€3,568
- Reserves -€9,353
down €9,353 (-34.4%), from €27,228 to €17,875
- Trade debts -€4,610
down €4,610 (-69.7%), from €6,614 to €2,004
- Other debts -€4,386
down €4,386 (-19.2%), from €22,826 to €18,439
- Gross operating margin -€30,848
down €30,848, from €26,865 to -€3,983
- Taxes -€5,016
down €5,016 (-94.7%), from €5,297 to €281
- Staff costs -€2,050
down €2,050 (-100.0%), from €2,050 to €0
- Depreciation +€1,098
up €1,098 (+110.6%), from €993 to €2,091
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 | €72,923 | €55,001 | -€17,922 | -24.6% |
| Fixed assets | 21/28 | €5,770 | €9,130 | +€3,360 | +58.2% |
| Tangible fixed assets | 22/27 | €5,770 | €9,130 | +€3,360 | +58.2% |
| Furniture and vehicles | 24 | €5,770 | €5,562 | -€208 | -3.6% |
| Other tangible fixed assets | 26 | - | €3,568 | +€3,568 | |
| Current assets | 29/58 | €67,154 | €45,872 | -€21,282 | -31.7% |
| Amounts receivable within one year | 40/41 | €19,705 | €23,180 | +€3,475 | +17.6% |
| Trade receivables | 40 | €19,379 | €18,461 | -€918 | -4.7% |
| Other amounts receivable | 41 | €326 | €4,719 | +€4,393 | +1348.0% |
| Cash at bank and in hand | 54/58 | €46,675 | €21,320 | -€25,356 | -54.3% |
| Deferred charges and accrued income | 490/1 | €773 | €1,372 | +€599 | +77.4% |
| Total equity and liabilities | 10/49 | €72,923 | €55,001 | -€17,922 | -24.6% |
| Equity | 10/15 | €32,228 | €22,875 | -€9,353 | -29.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €27,228 | €17,875 | -€9,353 | -34.4% |
| Distributable reserves | 133 | €27,228 | €17,875 | -€9,353 | -34.4% |
| Amounts payable | 17/49 | €40,696 | €32,127 | -€8,569 | -21.1% |
| Amounts payable within one year | 42/48 | €39,374 | €30,637 | -€8,738 | -22.2% |
| Trade debts | 44 | €6,614 | €2,004 | -€4,610 | -69.7% |
| Suppliers | 440/4 | €6,614 | €2,004 | -€4,610 | -69.7% |
| Taxes, remuneration and social security | 45 | €9,935 | €10,193 | +€258 | +2.6% |
| Taxes | 450/3 | €7,405 | €7,663 | +€258 | +3.5% |
| Remuneration and social security | 454/9 | €2,530 | €2,530 | = | 0.0% |
| Other amounts payable | 47/48 | €22,826 | €18,439 | -€4,386 | -19.2% |
| Accrued charges and deferred income | 492/3 | €1,321 | €1,490 | +€168 | +12.8% |
| Remuneration, social security and pensions | 62 | €2,050 | €0 | -€2,050 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €993 | €2,091 | +€1,098 | +110.6% |
| Other operating charges | 640/8 | €873 | €1,138 | +€265 | +30.3% |
| Gross operating margin | 9900 | €26,865 | -€3,983 | -€30,848 | |
| Operating profit (loss) | 9901 | €22,949 | -€7,213 | -€30,161 | |
| Financial charges | 65/66B | €1,792 | €1,859 | +€68 | +3.8% |
| Recurring financial charges | 65 | €1,792 | €1,859 | +€68 | +3.8% |
| Profit (loss) for the period before taxes | 9903 | €21,157 | -€9,072 | -€30,229 | |
| Income taxes | 67/77 | €5,297 | €281 | -€5,016 | -94.7% |
| Profit (loss) for the period | 9904 | €15,860 | -€9,353 | -€25,213 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,860 | -€9,353 | -€25,213 |
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.