FIFTY - ONE INTERNATIONAL: what changed
FIFTY - ONE INTERNATIONAL
Largest movements
- Current investments +€22,522
up €22,522 (+74.2%), from €30,352 to €52,874
- Stocks and contracts -€16,187
down €16,187 (-21.6%), from €75,072 to €58,885
- Tangible fixed assets -€14,260
down €14,260 (-47.6%), from €29,946 to €15,686
- Cash -€9,002
down €9,002 (-10.4%), from €86,254 to €77,252
mainly Net result for the year (-€54,614) and Current investments (-€22,522)
- Receivables within one year +€7,911
up €7,911 (+4.3%), from €184,516 to €192,427
- Profit (loss) carried forward -€54,614
down €54,614, from €48,488 to -€6,126
- Debts +€45,596
up €45,596 (+12.7%), from €357,653 to €403,249
of which Debts after one year: +€71,854
- Gross operating margin -€42,997
down €42,997 (-71.5%), from €60,144 to €17,147
- Depreciation -€1,489
down €1,489 (-9.2%), from €16,204 to €14,715
Change in the result, 2006 to 2007
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2006 and 2007 balance sheets and the 2007 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2006 | 2007 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €406,141 | €397,123 | -€9,018 | -2.2% |
| Fixed assets | 21/28 | €29,946 | €15,686 | -€14,260 | -47.6% |
| Tangible fixed assets | 22/27 | €29,946 | €15,686 | -€14,260 | -47.6% |
| Current assets | 29/58 | €376,195 | €381,437 | +€5,242 | +1.4% |
| Stocks and contracts in progress | 3 | €75,072 | €58,885 | -€16,187 | -21.6% |
| Amounts receivable within one year | 40/41 | €184,516 | €192,427 | +€7,911 | +4.3% |
| Current investments | 50/53 | €30,352 | €52,874 | +€22,522 | +74.2% |
| Cash at bank and in hand | 54/58 | €86,254 | €77,252 | -€9,002 | -10.4% |
| Total equity and liabilities | 10/49 | €406,141 | €397,123 | -€9,018 | -2.2% |
| Equity | 10/15 | €48,488 | -€6,126 | -€54,614 | |
| Profit (loss) carried forward | 14 | €48,488 | -€6,126 | -€54,614 | |
| Amounts payable | 17/49 | €357,653 | €403,249 | +€45,596 | +12.7% |
| Amounts payable after more than one year | 17 | - | €71,854 | +€71,854 | |
| Amounts payable within one year | 42/48 | €149,198 | €43,247 | -€105,951 | -71.0% |
| Trade debts | 44 | €15,335 | €12,002 | -€3,333 | -21.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,204 | €14,715 | -€1,489 | -9.2% |
| Gross operating margin | 9900 | €60,144 | €17,147 | -€42,997 | -71.5% |
| Operating profit (loss) | 9901 | €12,319 | -€57,528 | -€69,847 | |
| Recurring financial income | 75 | - | €537 | +€537 | |
| Profit (loss) for the period before taxes | 9903 | €12,319 | -€56,991 | -€69,310 | |
| Profit (loss) for the period | 9904 | €12,319 | -€54,614 | -€66,933 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2006 and 31 December 2007. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.