FIRMA NARCY: 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.
FIRMA NARCY
Largest movements
- Receivables after one year -€20,000
down €20,000 (-32.8%), from €61,000 to €41,000
- Tangible fixed assets -€12,876
down €12,876 (-23.6%), from €54,526 to €41,650
of which Leasing and similar rights: -€12,678
- Receivables within one year +€11,015
up €11,015 (+30.2%), from €36,437 to €47,452
of which Trade receivables: +€11,547
- Cash +€3,334
up €3,334 (+43.6%), from €7,653 to €10,986
mainly Receivables after one year (+€20,000) and Depreciation (+€12,876)
- Profit (loss) carried forward -€11,653
down €11,653 (-52.6%), from -€22,140 to -€33,793
- Debts after one year -€11,242
down €11,242 (-28.5%), from €39,392 to €28,149
- Gross operating margin -€22,975
down €22,975 (-72.5%), from €31,696 to €8,721
- Depreciation +€3,022
up €3,022 (+30.7%), from €9,854 to €12,876
- Financial charges +€2,034
up €2,034 (+59.1%), from €3,441 to €5,475
- Financial income -€1,720
down €1,720 (-53.4%), from €3,223 to €1,502
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 | €188,070 | €167,683 | -€20,387 | -10.8% |
| Fixed assets | 21/28 | €54,526 | €41,650 | -€12,876 | -23.6% |
| Tangible fixed assets | 22/27 | €54,526 | €41,650 | -€12,876 | -23.6% |
| Land and buildings | 22 | €794 | €595 | -€198 | -25.0% |
| Leasing and similar rights | 25 | €53,733 | €41,055 | -€12,678 | -23.6% |
| Current assets | 29/58 | €133,543 | €126,032 | -€7,511 | -5.6% |
| Amounts receivable after more than one year | 29 | €61,000 | €41,000 | -€20,000 | -32.8% |
| Other amounts receivable | 291 | €61,000 | €41,000 | -€20,000 | -32.8% |
| Stocks and contracts in progress | 3 | €28,454 | €26,594 | -€1,859 | -6.5% |
| Stocks | 30/36 | €28,454 | €26,594 | -€1,859 | -6.5% |
| Amounts receivable within one year | 40/41 | €36,437 | €47,452 | +€11,015 | +30.2% |
| Trade receivables | 40 | €25,879 | €37,426 | +€11,547 | +44.6% |
| Other amounts receivable | 41 | €10,558 | €10,026 | -€532 | -5.0% |
| Cash at bank and in hand | 54/58 | €7,653 | €10,986 | +€3,334 | +43.6% |
| Total equity and liabilities | 10/49 | €188,070 | €167,683 | -€20,387 | -10.8% |
| Equity | 10/15 | €114,311 | €102,658 | -€11,653 | -10.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €74,451 | €74,451 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €13,445 | €13,445 | = | 0.0% |
| Distributable reserves | 133 | €54,806 | €54,806 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,140 | -€33,793 | -€11,653 | -52.6% |
| Amounts payable | 17/49 | €73,759 | €65,025 | -€8,734 | -11.8% |
| Amounts payable after more than one year | 17 | €39,392 | €28,149 | -€11,242 | -28.5% |
| Financial debts | 170/4 | €39,392 | €28,149 | -€11,242 | -28.5% |
| Amounts payable within one year | 42/48 | €34,367 | €36,875 | +€2,509 | +7.3% |
| Current portion of amounts payable after more than one year | 42 | €10,531 | €11,242 | +€711 | +6.8% |
| Financial debts | 43 | €1,782 | €1,785 | +€3 | +0.2% |
| Credit institutions | 430/8 | €1,782 | €1,785 | +€3 | +0.2% |
| Trade debts | 44 | €15,873 | €17,172 | +€1,298 | +8.2% |
| Suppliers | 440/4 | €15,873 | €17,172 | +€1,298 | +8.2% |
| Taxes, remuneration and social security | 45 | €6,180 | €6,677 | +€497 | +8.0% |
| Taxes | 450/3 | €6,180 | €6,677 | +€497 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,854 | €12,876 | +€3,022 | +30.7% |
| Other operating charges | 640/8 | €2,577 | €2,537 | -€40 | -1.5% |
| Gross operating margin | 9900 | €31,696 | €8,721 | -€22,975 | -72.5% |
| Operating profit (loss) | 9901 | €19,265 | -€6,692 | -€25,957 | |
| Financial income | 75/76B | €3,223 | €1,502 | -€1,720 | -53.4% |
| Recurring financial income | 75 | €3,223 | €1,502 | -€1,720 | -53.4% |
| Financial charges | 65/66B | €3,441 | €5,475 | +€2,034 | +59.1% |
| Recurring financial charges | 65 | €3,441 | €5,475 | +€2,034 | +59.1% |
| Profit (loss) for the period before taxes | 9903 | €19,046 | -€10,665 | -€29,712 | |
| Income taxes | 67/77 | €913 | €988 | +€74 | +8.1% |
| Profit (loss) for the period | 9904 | €18,133 | -€11,653 | -€29,786 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,133 | -€11,653 | -€29,786 |
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 2 October 2026 via checked.be.