FFRW: 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.
FFRW
Largest movements
- Receivables within one year -€4,055
down €4,055 (-3.2%), from €126,207 to €122,152
of which Other amounts receivable: -€2,895
- Tax, wage and social debts -€4,167
down €4,167 (-99.8%), from €4,176 to €9
- Current portion of long-term debt -€3,155
down €3,155 (-76.3%), from €4,132 to €978
- Profit (loss) carried forward +€2,902
up €2,902 (+1.8%), from €160,922 to €163,824
- Taxes -€2,194
down €2,194 (-100.0%), from €2,194 to €0
- Financial charges -€1,293
down €1,293 (-48.6%), from €2,659 to €1,367
- Financial income +€931
up €931 (+15.5%), from €6,005 to €6,935
- Other operating charges +€427
up €427 (+94.8%), from €451 to €878
- Gross operating margin +€363
up €363 (+17.1%), from -€2,127 to -€1,764
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 | €252,535 | €248,443 | -€4,092 | -1.6% |
| Fixed assets | 21/28 | €126,308 | €126,282 | -€25 | 0.0% |
| Tangible fixed assets | 22/27 | €25 | €0 | -€25 | -100.0% |
| Furniture and vehicles | 24 | €25 | €0 | -€25 | -100.0% |
| Financial fixed assets | 28 | €126,282 | €126,282 | = | 0.0% |
| Current assets | 29/58 | €126,227 | €122,160 | -€4,067 | -3.2% |
| Amounts receivable within one year | 40/41 | €126,207 | €122,152 | -€4,055 | -3.2% |
| Trade receivables | 40 | €1,160 | €0 | -€1,160 | -100.0% |
| Other amounts receivable | 41 | €125,047 | €122,152 | -€2,895 | -2.3% |
| Cash at bank and in hand | 54/58 | €20 | €9 | -€12 | -57.2% |
| Total equity and liabilities | 10/49 | €252,535 | €248,443 | -€4,092 | -1.6% |
| Equity | 10/15 | €217,142 | €220,044 | +€2,902 | +1.3% |
| Contributions | 10/11 | €54,360 | €54,360 | = | 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 | €160,922 | €163,824 | +€2,902 | +1.8% |
| Amounts payable | 17/49 | €35,393 | €28,399 | -€6,994 | -19.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €35,008 | €27,546 | -€7,463 | -21.3% |
| Current portion of amounts payable after more than one year | 42 | €4,132 | €978 | -€3,155 | -76.3% |
| Trade debts | 44 | €10,453 | €10,718 | +€265 | +2.5% |
| Suppliers | 440/4 | €10,453 | €10,718 | +€265 | +2.5% |
| Taxes, remuneration and social security | 45 | €4,176 | €9 | -€4,167 | -99.8% |
| Taxes | 450/3 | €4,176 | €9 | -€4,167 | -99.8% |
| Other amounts payable | 47/48 | €16,247 | €15,841 | -€406 | -2.5% |
| Accrued charges and deferred income | 492/3 | €384 | €853 | +€468 | +121.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €360 | €25 | -€335 | -93.0% |
| Other operating charges | 640/8 | €451 | €878 | +€427 | +94.8% |
| Gross operating margin | 9900 | -€2,127 | -€1,764 | +€363 | +17.1% |
| Operating profit (loss) | 9901 | -€2,938 | -€2,667 | +€271 | +9.2% |
| Financial income | 75/76B | €6,005 | €6,935 | +€931 | +15.5% |
| Recurring financial income | 75 | €6,005 | €6,935 | +€931 | +15.5% |
| Financial charges | 65/66B | €2,659 | €1,367 | -€1,293 | -48.6% |
| Recurring financial charges | 65 | €2,659 | €1,367 | -€1,293 | -48.6% |
| Profit (loss) for the period before taxes | 9903 | €408 | €2,902 | +€2,494 | +611.2% |
| Income taxes | 67/77 | €2,194 | €0 | -€2,194 | -100.0% |
| Profit (loss) for the period | 9904 | -€1,786 | €2,902 | +€4,688 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,786 | €2,902 | +€4,688 |
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 6 October 2026 via checked.be.