FIGES: 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.
FIGES
Largest movements
- Tangible fixed assets -€35,968
down €35,968 (-5.7%), from €627,469 to €591,502
of which Land and buildings: -€34,831
- Reserves -€32,618
down €32,618 (-5.0%), from €646,996 to €614,378
of which Distributable reserves: -€32,618
- Gross operating margin -€22,361
down €22,361 (-34.1%), from €65,484 to €43,123
- Taxes -€9,750
no longer reported in 2024 (was €9,750)
- Other operating charges +€1,881
up €1,881 (+5.0%), from €37,743 to €39,624
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 | €1,548,427 | €1,515,809 | -€32,618 | -2.1% |
| Fixed assets | 21/28 | €1,048,241 | €1,012,273 | -€35,968 | -3.4% |
| Tangible fixed assets | 22/27 | €627,469 | €591,502 | -€35,968 | -5.7% |
| Land and buildings | 22 | €622,924 | €588,092 | -€34,831 | -5.6% |
| Plant, machinery and equipment | 23 | €4,546 | €3,409 | -€1,136 | -25.0% |
| Financial fixed assets | 28 | €420,772 | €420,772 | = | 0.0% |
| Current assets | 29/58 | €500,186 | €503,536 | +€3,350 | +0.7% |
| Cash at bank and in hand | 54/58 | €468,766 | €470,841 | +€2,075 | +0.4% |
| Deferred charges and accrued income | 490/1 | €31,421 | €32,695 | +€1,274 | +4.1% |
| Total equity and liabilities | 10/49 | €1,548,427 | €1,515,809 | -€32,618 | -2.1% |
| Equity | 10/15 | €1,543,427 | €1,510,809 | -€32,618 | -2.1% |
| Contributions | 10/11 | €896,431 | €896,431 | = | 0.0% |
| Capital | 10 | €896,431 | €896,431 | = | 0.0% |
| Issued capital | 100 | €896,431 | €896,431 | = | 0.0% |
| Reserves | 13 | €646,996 | €614,378 | -€32,618 | -5.0% |
| Non-distributable reserves | 130/1 | €34,988 | €34,988 | = | 0.0% |
| Legal reserve | 130 | €34,988 | €34,988 | = | 0.0% |
| Distributable reserves | 133 | €612,008 | €579,390 | -€32,618 | -5.3% |
| Amounts payable | 17/49 | €5,000 | €5,000 | = | 0.0% |
| Amounts payable after more than one year | 17 | €5,000 | €5,000 | = | 0.0% |
| Other amounts payable | 178/9 | €5,000 | €5,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,968 | €35,968 | = | 0.0% |
| Other operating charges | 640/8 | €37,743 | €39,624 | +€1,881 | +5.0% |
| Gross operating margin | 9900 | €65,484 | €43,123 | -€22,361 | -34.1% |
| Operating profit (loss) | 9901 | -€8,227 | -€32,468 | -€24,241 | -294.7% |
| Financial charges | 65/66B | €150 | €150 | -€0 | 0.0% |
| Recurring financial charges | 65 | €150 | €150 | -€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€8,377 | -€32,618 | -€24,241 | -289.4% |
| Income taxes | 67/77 | €9,750 | - | -€9,750 | |
| Profit (loss) for the period | 9904 | -€18,127 | -€32,618 | -€14,491 | -79.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,127 | -€32,618 | -€14,491 | -79.9% |
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.