FEZOUAN: 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.
FEZOUAN
Largest movements
- Cash +€26,343
up €26,343 (+55.5%), from €47,458 to €73,801
mainly Net result for the year (+€19,758) and Trade debts (+€8,491)
- Stocks and contracts +€11,185
up €11,185 (+145%), from €7,740 to €18,925
- Intangible fixed assets -€6,000
down €6,000 (-11.1%), from €54,000 to €48,000
- Profit (loss) carried forward +€19,758
up €19,758 (+50.3%), from €39,317 to €59,075
- Trade debts +€8,491
up €8,491 (+236%), from €3,597 to €12,088
- Tax, wage and social debts +€1,917
up €1,917 (+19.0%), from €10,098 to €12,015
- Turnover -€282,060
no longer reported in 2024 (was €282,060)
- Purchases and services -€237,641
no longer reported in 2024 (was €237,641)
- Gross operating margin -€9,882
down €9,882 (-22.2%), from €44,419 to €34,537
- Taxes -€4,181
down €4,181 (-41.4%), from €10,098 to €5,917
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 | €116,320 | €146,409 | +€30,090 | +25.9% |
| Fixed assets | 21/28 | €56,341 | €49,507 | -€6,833 | -12.1% |
| Intangible fixed assets | 21 | €54,000 | €48,000 | -€6,000 | -11.1% |
| Tangible fixed assets | 22/27 | €2,341 | €1,507 | -€833 | -35.6% |
| Furniture and vehicles | 24 | €2,341 | €1,507 | -€833 | -35.6% |
| Current assets | 29/58 | €59,979 | €96,902 | +€36,923 | +61.6% |
| Stocks and contracts in progress | 3 | €7,740 | €18,925 | +€11,185 | +145% |
| Stocks | 30/36 | €7,740 | €18,925 | +€11,185 | +145% |
| Amounts receivable within one year | 40/41 | €4,781 | €4,176 | -€605 | -12.7% |
| Other amounts receivable | 41 | €4,781 | €4,176 | -€605 | -12.7% |
| Cash at bank and in hand | 54/58 | €47,458 | €73,801 | +€26,343 | +55.5% |
| Total equity and liabilities | 10/49 | €116,320 | €146,409 | +€30,090 | +25.9% |
| Equity | 10/15 | €40,831 | €60,589 | +€19,758 | +48.4% |
| Contributions | 10/11 | €1,461 | €1,461 | = | 0.0% |
| Reserves | 13 | €53 | €53 | = | 0.0% |
| Non-distributable reserves | 130/1 | €53 | €53 | = | 0.0% |
| Reserves not available under the articles | 1311 | €53 | €53 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,317 | €59,075 | +€19,758 | +50.3% |
| Amounts payable | 17/49 | €75,489 | €85,820 | +€10,331 | +13.7% |
| Amounts payable within one year | 42/48 | €75,489 | €85,820 | +€10,331 | +13.7% |
| Trade debts | 44 | €3,597 | €12,088 | +€8,491 | +236% |
| Suppliers | 440/4 | €3,597 | €12,088 | +€8,491 | +236% |
| Taxes, remuneration and social security | 45 | €10,098 | €12,015 | +€1,917 | +19.0% |
| Taxes | 450/3 | €10,098 | €12,015 | +€1,917 | +19.0% |
| Other amounts payable | 47/48 | €61,793 | €61,716 | -€77 | -0.1% |
| Turnover | 70 | €282,060 | - | -€282,060 | |
| Goods, raw materials, services and sundry goods | 60/61 | €237,641 | - | -€237,641 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,160 | €6,833 | +€674 | +10.9% |
| Other operating charges | 640/8 | €4,348 | €1,692 | -€2,656 | -61.1% |
| Gross operating margin | 9900 | €44,419 | €34,537 | -€9,882 | -22.2% |
| Operating profit (loss) | 9901 | €33,912 | €26,012 | -€7,899 | -23.3% |
| Financial charges | 65/66B | €422 | €336 | -€85 | -20.2% |
| Recurring financial charges | 65 | €422 | €336 | -€85 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | €33,490 | €25,676 | -€7,814 | -23.3% |
| Income taxes | 67/77 | €10,098 | €5,917 | -€4,181 | -41.4% |
| Profit (loss) for the period | 9904 | €23,392 | €19,758 | -€3,634 | -15.5% |
| Profit (loss) for the period to be appropriated | 9905 | €23,392 | €19,758 | -€3,634 | -15.5% |
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 17 October 2026 via checked.be.