First Computer: 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.
First Computer
Largest movements
- Intangible fixed assets -€600,000
no longer reported in 2024 (was €600,000)
- Tangible fixed assets +€251,406
new in 2024: €251,406
- Financial fixed assets -€154,734
down €154,734 (-30.0%), from €515,780 to €361,046
- Deferred charges and accrued income +€29,516
up €29,516 (+148.3%), from €19,899 to €49,415
- Profit (loss) carried forward -€337,142
down €337,142, from €234,909 to -€102,233
- Provisions -€110,718
down €110,718 (-69.9%), from €158,475 to €47,757
of which Provisions for liabilities and charges: -€110,718
- Reserves -€23,827
down €23,827 (-21.2%), from €112,578 to €88,751
of which Tax-exempt reserves: -€23,827
- Depreciation +€48,594
new in 2024: €48,594
- Purchases and services +€15,501
new in 2024: €15,501
- Turnover +€12,705
up €12,705 (+4898.6%), from €259 to €12,965
- Other operating charges -€12,568
no longer reported in 2024 (was €12,568)
- Gross operating margin -€2,277
down €2,277 (-877.7%), from -€259 to -€2,536
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 | €1,135,914 | €664,227 | -€471,687 | -41.5% |
| Fixed assets | 21/28 | €1,115,780 | €612,452 | -€503,328 | -45.1% |
| Intangible fixed assets | 21 | €600,000 | - | -€600,000 | |
| Tangible fixed assets | 22/27 | - | €251,406 | +€251,406 | |
| Other tangible fixed assets | 26 | - | €251,406 | +€251,406 | |
| Financial fixed assets | 28 | €515,780 | €361,046 | -€154,734 | -30.0% |
| Current assets | 29/58 | €20,133 | €51,775 | +€31,641 | +157.2% |
| Cash at bank and in hand | 54/58 | €234 | €2,359 | +€2,125 | +907.7% |
| Deferred charges and accrued income | 490/1 | €19,899 | €49,415 | +€29,516 | +148.3% |
| Total equity and liabilities | 10/49 | €1,135,914 | €664,227 | -€471,687 | -41.5% |
| Equity | 10/15 | €366,079 | €5,110 | -€360,969 | -98.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €112,578 | €88,751 | -€23,827 | -21.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €110,718 | €86,891 | -€23,827 | -21.5% |
| Profit (loss) carried forward | 14 | €234,909 | -€102,233 | -€337,142 | |
| Provisions and deferred taxes | 16 | €158,475 | €47,757 | -€110,718 | -69.9% |
| Provisions for liabilities and charges | 160/5 | €110,718 | - | -€110,718 | |
| Major repairs and maintenance | 162 | €110,718 | - | -€110,718 | |
| Deferred taxes | 168 | €47,757 | €47,757 | = | 0.0% |
| Amounts payable | 17/49 | €611,359 | €611,359 | = | 0.0% |
| Amounts payable after more than one year | 17 | €600,000 | €600,000 | = | 0.0% |
| Other amounts payable | 178/9 | €600,000 | €600,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €11,359 | €11,359 | = | 0.0% |
| Other amounts payable | 47/48 | €11,359 | €11,359 | = | 0.0% |
| Turnover | 70 | €259 | €12,965 | +€12,705 | +4898.6% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €15,501 | +€15,501 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €48,594 | +€48,594 | |
| Other operating charges | 640/8 | €12,568 | - | -€12,568 | |
| Gross operating margin | 9900 | -€259 | -€2,536 | -€2,277 | -877.7% |
| Operating profit (loss) | 9901 | -€12,827 | -€51,130 | -€38,303 | -298.6% |
| Financial charges | 65/66B | €1 | - | -€1 | |
| Recurring financial charges | 65 | €1 | - | -€1 | |
| Profit (loss) for the period before taxes | 9903 | -€12,829 | -€51,130 | -€38,301 | -298.6% |
| Profit (loss) for the period | 9904 | -€12,829 | -€51,130 | -€38,301 | -298.6% |
| Transfer to tax-exempt reserves | 689 | €23,827 | - | -€23,827 | |
| Profit (loss) for the period to be appropriated | 9905 | -€36,656 | -€51,130 | -€14,474 | -39.5% |
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 1 October 2026 via checked.be.