FJL: 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.
FJL
Largest movements
- Cash -€56,162
down €56,162 (-74.3%), from €75,592 to €19,430
mainly Trade debts (-€48,701) and Other debts (-€18,280)
- Tangible fixed assets -€6,971
down €6,971 (-9.9%), from €70,655 to €63,684
of which Land and buildings: -€9,611
- Trade debts -€48,701
down €48,701 (-17.2%), from €282,653 to €233,951
- Other debts -€18,280
down €18,280 (-100%), from €18,280 to €0
- Profit (loss) carried forward -€10,364
down €10,364 (-25.5%), from -€40,707 to -€51,071
- Advances received +€8,293
up €8,293 (+192%), from €4,312 to €12,605
- Tax, wage and social debts +€3,402
up €3,402 (+113%), from €3,000 to €6,402
of which Remuneration and social security: +€2,524
- Gross operating margin +€41,794
up €41,794 (+104%), from €40,001 to €81,796
- Staff costs +€11,758
up €11,758 (+26.3%), from €44,770 to €56,528
- Financial charges +€5,918
up €5,918 (+46.6%), from €12,701 to €18,619
- Write-downs +€3,004
new in 2024: €3,004
- Other operating charges -€1,443
down €1,443 (-31.0%), from €4,657 to €3,214
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 | €295,038 | €230,107 | -€64,931 | -22.0% |
| Fixed assets | 21/28 | €70,655 | €63,684 | -€6,971 | -9.9% |
| Tangible fixed assets | 22/27 | €70,655 | €63,684 | -€6,971 | -9.9% |
| Land and buildings | 22 | €67,330 | €57,720 | -€9,611 | -14.3% |
| Plant, machinery and equipment | 23 | €3,325 | €1,827 | -€1,498 | -45.1% |
| Furniture and vehicles | 24 | - | €4,138 | +€4,138 | |
| Current assets | 29/58 | €224,383 | €166,423 | -€57,959 | -25.8% |
| Stocks and contracts in progress | 3 | €54,432 | €53,790 | -€642 | -1.2% |
| Stocks | 30/36 | €54,432 | €53,790 | -€642 | -1.2% |
| Amounts receivable within one year | 40/41 | €84,454 | €85,155 | +€702 | +0.8% |
| Trade receivables | 40 | €32,949 | €32,582 | -€367 | -1.1% |
| Other amounts receivable | 41 | €51,504 | €52,573 | +€1,069 | +2.1% |
| Cash at bank and in hand | 54/58 | €75,592 | €19,430 | -€56,162 | -74.3% |
| Deferred charges and accrued income | 490/1 | €9,905 | €8,048 | -€1,857 | -18.7% |
| Total equity and liabilities | 10/49 | €295,038 | €230,107 | -€64,931 | -22.0% |
| Equity | 10/15 | -€13,207 | -€23,571 | -€10,364 | -78.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €0 | -€2,500 | -100% |
| Reserves not available under the articles | 1311 | €2,500 | €0 | -€2,500 | -100% |
| Distributable reserves | 133 | - | €2,500 | +€2,500 | |
| Profit (loss) carried forward | 14 | -€40,707 | -€51,071 | -€10,364 | -25.5% |
| Amounts payable | 17/49 | €308,245 | €253,678 | -€54,567 | -17.7% |
| Amounts payable within one year | 42/48 | €308,245 | €252,958 | -€55,287 | -17.9% |
| Trade debts | 44 | €282,653 | €233,951 | -€48,701 | -17.2% |
| Suppliers | 440/4 | €282,653 | €233,951 | -€48,701 | -17.2% |
| Advances received on contracts in progress | 46 | €4,312 | €12,605 | +€8,293 | +192% |
| Taxes, remuneration and social security | 45 | €3,000 | €6,402 | +€3,402 | +113% |
| Taxes | 450/3 | €929 | €1,807 | +€878 | +94.6% |
| Remuneration and social security | 454/9 | €2,071 | €4,595 | +€2,524 | +122% |
| Other amounts payable | 47/48 | €18,280 | €0 | -€18,280 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | €720 | +€720 | |
| Remuneration, social security and pensions | 62 | €44,770 | €56,528 | +€11,758 | +26.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,304 | €11,321 | +€1,017 | +9.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,004 | +€3,004 | |
| Other operating charges | 640/8 | €4,657 | €3,214 | -€1,443 | -31.0% |
| Gross operating margin | 9900 | €40,001 | €81,796 | +€41,794 | +104% |
| Operating profit (loss) | 9901 | -€19,729 | €7,729 | +€27,459 | |
| Financial income | 75/76B | €114 | €976 | +€862 | +753% |
| Recurring financial income | 75 | €114 | €976 | +€862 | +753% |
| Financial charges | 65/66B | €12,701 | €18,619 | +€5,918 | +46.6% |
| Recurring financial charges | 65 | €12,701 | €18,619 | +€5,918 | +46.6% |
| Profit (loss) for the period before taxes | 9903 | -€32,316 | -€9,913 | +€22,403 | +69.3% |
| Income taxes | 67/77 | €500 | €451 | -€49 | -9.9% |
| Profit (loss) for the period | 9904 | -€32,816 | -€10,364 | +€22,452 | +68.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,816 | -€10,364 | +€22,452 | +68.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.