FIRMOH: 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.
FIRMOH
Largest movements
- Tangible fixed assets +€18,825
up €18,825 (+123.6%), from €15,226 to €34,052
- Receivables within one year +€6,541
up €6,541 (+214.8%), from €3,045 to €9,587
of which Trade receivables: +€5,593
- Cash -€6,438
down €6,438 (-67.7%), from €9,506 to €3,068
mainly Investment in fixed assets (net) (-€31,985) and Net result for the year (-€16,681)
- Other debts +€28,567
up €28,567 (+146.3%), from €19,526 to €48,093
- Profit (loss) carried forward -€16,681
down €16,681 (-190.7%), from -€8,748 to -€25,429
- Trade debts +€11,844
new in 2024: €11,844
- Tax, wage and social debts -€4,606
down €4,606 (-76.8%), from €6,000 to €1,394
- Purchases and services +€51,027
up €51,027 (+732.3%), from €6,968 to €57,995
- Gross operating margin +€18,052
up €18,052, from -€6,968 to €11,085
- Staff costs +€13,166
new in 2024: €13,166
- Depreciation +€12,975
new in 2024: €12,975
- Other operating charges +€999
new in 2024: €999
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 | €27,778 | €46,903 | +€19,125 | +68.9% |
| Fixed assets | 21/28 | €15,226 | €34,237 | +€19,010 | +124.9% |
| Tangible fixed assets | 22/27 | €15,226 | €34,052 | +€18,825 | +123.6% |
| Furniture and vehicles | 24 | €15,226 | €34,052 | +€18,825 | +123.6% |
| Financial fixed assets | 28 | - | €185 | +€185 | |
| Current assets | 29/58 | €12,552 | €12,667 | +€115 | +0.9% |
| Amounts receivable within one year | 40/41 | €3,045 | €9,587 | +€6,541 | +214.8% |
| Trade receivables | 40 | €2,893 | €8,486 | +€5,593 | +193.3% |
| Other amounts receivable | 41 | €153 | €1,101 | +€949 | +622.0% |
| Cash at bank and in hand | 54/58 | €9,506 | €3,068 | -€6,438 | -67.7% |
| Deferred charges and accrued income | 490/1 | - | €12 | +€12 | |
| Total equity and liabilities | 10/49 | €27,778 | €46,903 | +€19,125 | +68.9% |
| Equity | 10/15 | €2,252 | -€14,429 | -€16,681 | |
| Contributions | 10/11 | €11,000 | €11,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,748 | -€25,429 | -€16,681 | -190.7% |
| Amounts payable | 17/49 | €25,526 | €61,332 | +€35,806 | +140.3% |
| Amounts payable within one year | 42/48 | €25,526 | €61,332 | +€35,806 | +140.3% |
| Trade debts | 44 | - | €11,844 | +€11,844 | |
| Suppliers | 440/4 | - | €11,844 | +€11,844 | |
| Taxes, remuneration and social security | 45 | €6,000 | €1,394 | -€4,606 | -76.8% |
| Remuneration and social security | 454/9 | €6,000 | €1,394 | -€4,606 | -76.8% |
| Other amounts payable | 47/48 | €19,526 | €48,093 | +€28,567 | +146.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €6,968 | €57,995 | +€51,027 | +732.3% |
| Remuneration, social security and pensions | 62 | - | €13,166 | +€13,166 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €12,975 | +€12,975 | |
| Other operating charges | 640/8 | - | €999 | +€999 | |
| Non-recurring operating charges | 66A | - | €553 | +€553 | |
| Gross operating margin | 9900 | -€6,968 | €11,085 | +€18,052 | |
| Operating profit (loss) | 9901 | -€6,968 | -€16,607 | -€9,640 | -138.3% |
| Financial charges | 65/66B | €34 | €73 | +€40 | +118.0% |
| Recurring financial charges | 65 | €34 | €73 | +€40 | +118.0% |
| Profit (loss) for the period before taxes | 9903 | -€7,001 | -€16,681 | -€9,679 | -138.3% |
| Profit (loss) for the period | 9904 | -€7,001 | -€16,681 | -€9,679 | -138.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,001 | -€16,681 | -€9,679 | -138.3% |
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.