Firdaus: what changed
Two financial 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.
Firdaus
Largest movements
- Receivables within one year +€4,636
up €4,636 (+94.5%), from €4,909 to €9,545
- Stocks and contracts +€1,172
up €1,172 (+2.7%), from €44,201 to €45,372
- Cash -€1,130
down €1,130 (-5.1%), from €22,023 to €20,893
mainly Receivables within one year (-€4,636) and Stocks and contracts (-€1,172)
- Reserves +€5,282
up €5,282 (+12.7%), from €41,596 to €46,877
of which Distributable reserves: +€5,282
- Other operating charges +€700
up €700 (+25.4%), from €2,761 to €3,462
- Financial charges -€418
down €418 (-11.1%), from €3,770 to €3,352
- Gross operating margin -€208
down €208 (-1.5%), from €14,185 to €13,977
- Depreciation -€189
no longer reported in 2024 (was €189)
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.
Derived cash bridge
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 | €73,348 | €78,027 | +€4,678 | +6.4% |
| Fixed assets | 21/28 | €2,216 | €2,216 | = | 0.0% |
| Tangible fixed assets | 22/27 | €566 | €566 | = | 0.0% |
| Plant, machinery and equipment | 23 | €566 | €566 | = | 0.0% |
| Financial fixed assets | 28 | €1,650 | €1,650 | = | 0.0% |
| Current assets | 29/58 | €71,132 | €75,811 | +€4,678 | +6.6% |
| Stocks and contracts in progress | 3 | €44,201 | €45,372 | +€1,172 | +2.7% |
| Stocks | 30/36 | €44,201 | €45,372 | +€1,172 | +2.7% |
| Amounts receivable within one year | 40/41 | €4,909 | €9,545 | +€4,636 | +94.5% |
| Other amounts receivable | 41 | €4,909 | €9,545 | +€4,636 | +94.5% |
| Cash at bank and in hand | 54/58 | €22,023 | €20,893 | -€1,130 | -5.1% |
| Total equity and liabilities | 10/49 | €73,348 | €78,027 | +€4,678 | +6.4% |
| Equity | 10/15 | €60,196 | €65,477 | +€5,282 | +8.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €41,596 | €46,877 | +€5,282 | +12.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €39,736 | €45,017 | +€5,282 | +13.3% |
| Amounts payable | 17/49 | €13,153 | €12,549 | -€603 | -4.6% |
| Amounts payable within one year | 42/48 | €13,153 | €12,549 | -€603 | -4.6% |
| Trade debts | 44 | €7,984 | €7,575 | -€408 | -5.1% |
| Suppliers | 440/4 | €7,984 | €7,575 | -€408 | -5.1% |
| Taxes, remuneration and social security | 45 | €5,169 | €4,974 | -€195 | -3.8% |
| Taxes | 450/3 | €5,169 | €4,974 | -€195 | -3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €189 | - | -€189 | |
| Other operating charges | 640/8 | €2,761 | €3,462 | +€700 | +25.4% |
| Gross operating margin | 9900 | €14,185 | €13,977 | -€208 | -1.5% |
| Operating profit (loss) | 9901 | €11,235 | €10,515 | -€720 | -6.4% |
| Financial income | 75/76B | €4 | €45 | +€41 | +958% |
| Recurring financial income | 75 | €4 | €45 | +€41 | +958% |
| Financial charges | 65/66B | €3,770 | €3,352 | -€418 | -11.1% |
| Recurring financial charges | 65 | €3,770 | €3,352 | -€418 | -11.1% |
| Profit (loss) for the period before taxes | 9903 | €7,469 | €7,208 | -€261 | -3.5% |
| Income taxes | 67/77 | €2,037 | €1,927 | -€110 | -5.4% |
| Profit (loss) for the period | 9904 | €5,433 | €5,282 | -€151 | -2.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,433 | €5,282 | -€151 | -2.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.