FIPAMA: 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.
FIPAMA
Largest movements
- Cash -€33,838
down €33,838 (-89.4%), from €37,830 to €3,992
mainly Other debts (-€18,700) and Tax, wage and social debts (-€12,777)
- Receivables within one year +€407
up €407 (+248.2%), from €164 to €571
of which Trade receivables: +€407
- Other debts -€18,700
no longer reported in 2024 (was €18,700)
- Tax, wage and social debts -€12,777
no longer reported in 2024 (was €12,777)
- Profit (loss) carried forward -€1,827
down €1,827 (-50.4%), from €3,627 to €1,800
- Gross operating margin -€30,621
down €30,621, from €29,165 to -€1,456
- Taxes -€6,866
no longer reported in 2024 (was €6,866)
- Financial charges -€758
down €758 (-94.3%), from €804 to €46
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 | €37,994 | €4,563 | -€33,431 | -88.0% |
| Current assets | 29/58 | €37,994 | €4,563 | -€33,431 | -88.0% |
| Amounts receivable within one year | 40/41 | €164 | €571 | +€407 | +248.2% |
| Trade receivables | 40 | - | €407 | +€407 | |
| Other amounts receivable | 41 | €164 | €164 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €37,830 | €3,992 | -€33,838 | -89.4% |
| Total equity and liabilities | 10/49 | €37,994 | €4,563 | -€33,431 | -88.0% |
| Equity | 10/15 | €6,127 | €4,300 | -€1,827 | -29.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,627 | €1,800 | -€1,827 | -50.4% |
| Amounts payable | 17/49 | €31,867 | €263 | -€31,604 | -99.2% |
| Amounts payable within one year | 42/48 | €31,867 | €263 | -€31,604 | -99.2% |
| Trade debts | 44 | €390 | €263 | -€127 | -32.6% |
| Suppliers | 440/4 | €390 | €263 | -€127 | -32.6% |
| Taxes, remuneration and social security | 45 | €12,777 | - | -€12,777 | |
| Taxes | 450/3 | €12,777 | - | -€12,777 | |
| Other amounts payable | 47/48 | €18,700 | - | -€18,700 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29 | - | -€29 | |
| Other operating charges | 640/8 | €374 | €325 | -€49 | -13.1% |
| Gross operating margin | 9900 | €29,165 | -€1,456 | -€30,621 | |
| Operating profit (loss) | 9901 | €28,762 | -€1,781 | -€30,543 | |
| Financial charges | 65/66B | €804 | €46 | -€758 | -94.3% |
| Recurring financial charges | 65 | €804 | €46 | -€758 | -94.3% |
| Profit (loss) for the period before taxes | 9903 | €27,958 | -€1,827 | -€29,785 | |
| Income taxes | 67/77 | €6,866 | - | -€6,866 | |
| Profit (loss) for the period | 9904 | €21,092 | -€1,827 | -€22,919 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,092 | -€1,827 | -€22,919 |
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.