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FIFRA: 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.

What changed

FIFRA

BE 0876.045.996
NACE 02.200, Logging
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€363,324
2023 · -€234,208-€129,115
Equity
€2.9m
2023 · €3.3m-€363,324
Cash
€25,645
2023 · €3,469+€22,176
Balance sheet total
€3.1m
2023 · €3.3m-€143,483

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets -€142,949

    down €142,949 (-4.4%), from €3.2m to €3.1m

    of which Land and buildings: -€147,118

Equity and liabilities
  • Profit (loss) carried forward -€363,324

    down €363,324 (-15.0%), from €2.4m to €2.1m

  • Other debts +€203,746

    up €203,746 (+1484.8%), from €13,722 to €217,469

Income statement
  • Gross operating margin +€26,373

    up €26,373 (+59.3%), from -€44,500 to -€18,127

  • Depreciation -€24,286

    down €24,286 (-13.2%), from €183,923 to €159,637

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€234,208
Gross operating margin +€26,373
Depreciation +€24,286
Other operating charges +€125
Other operating items -€180,000
Financial income -€1
Financial charges +€101
Result 2024 -€363,324

Cash bridge derived

cash 2023 to 2024

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.

From operations +€38,864
Investment -€16,689
Financing €0
Cash 2023 €3,469
Net result for the year -€363,324
Depreciation +€159,637
Receivables within one year +€30,128
Deferred charges and accrued income -€7,418
Trade debts +€4,094
Other debts +€203,746
Accrued charges and deferred income +€12,000
Investment in fixed assets (net) -€16,689
Cash 2024 €25,645
Every line side by side 39 lines
Line Code 2023 2024 Change %
Total assets 20/58 €3,279,079 €3,135,596 -€143,483 -4.4%
Fixed assets 21/28 €3,244,344 €3,101,396 -€142,949 -4.4%
Tangible fixed assets 22/27 €3,244,344 €3,101,396 -€142,949 -4.4%
Land and buildings 22 €2,637,592 €2,490,474 -€147,118 -5.6%
Plant, machinery and equipment 23 €24,666 €36,174 +€11,508 +46.7%
Furniture and vehicles 24 €14,270 €6,932 -€7,339 -51.4%
Other tangible fixed assets 26 €567,816 €567,816 = 0.0%
Current assets 29/58 €34,735 €34,200 -€535 -1.5%
Amounts receivable within one year 40/41 €31,266 €1,137 -€30,128 -96.4%
Other amounts receivable 41 €31,266 €1,137 -€30,128 -96.4%
Cash at bank and in hand 54/58 €3,469 €25,645 +€22,176 +639.2%
Deferred charges and accrued income 490/1 - €7,418 +€7,418
Total equity and liabilities 10/49 €3,279,079 €3,135,596 -€143,483 -4.4%
Equity 10/15 €3,264,203 €2,900,880 -€363,324 -11.1%
Contributions 10/11 €835,655 €835,655 = 0.0%
Capital 10 €835,655 €835,655 = 0.0%
Issued capital 100 €835,655 €835,655 = 0.0%
Reserves 13 €9,642 €9,642 = 0.0%
Non-distributable reserves 130/1 €9,642 €9,642 = 0.0%
Legal reserve 130 €9,642 €9,642 = 0.0%
Profit (loss) carried forward 14 €2,418,906 €2,055,583 -€363,324 -15.0%
Amounts payable 17/49 €14,876 €234,716 +€219,840 +1477.8%
Amounts payable within one year 42/48 €14,876 €222,716 +€207,840 +1397.1%
Trade debts 44 €1,154 €5,248 +€4,094 +354.8%
Suppliers 440/4 €1,154 €5,248 +€4,094 +354.8%
Other amounts payable 47/48 €13,722 €217,469 +€203,746 +1484.8%
Accrued charges and deferred income 492/3 - €12,000 +€12,000
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €183,923 €159,637 -€24,286 -13.2%
Other operating charges 640/8 €5,387 €5,262 -€125 -2.3%
Non-recurring operating charges 66A - €180,000 +€180,000
Gross operating margin 9900 -€44,500 -€18,127 +€26,373 +59.3%
Operating profit (loss) 9901 -€233,810 -€363,026 -€129,216 -55.3%
Financial income 75/76B €1 €0 -€1 -100.0%
Recurring financial income 75 €1 €0 -€1 -100.0%
Financial charges 65/66B €399 €298 -€101 -25.4%
Recurring financial charges 65 €399 €298 -€101 -25.4%
Profit (loss) for the period before taxes 9903 -€234,208 -€363,324 -€129,115 -55.1%
Profit (loss) for the period 9904 -€234,208 -€363,324 -€129,115 -55.1%
Profit (loss) for the period to be appropriated 9905 -€234,208 -€363,324 -€129,115 -55.1%

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 28 September 2026 via checked.be.