FOSSION PALMANS: 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.
FOSSION PALMANS
Largest movements
- Tangible fixed assets +€4,830
up €4,830 (+61.0%), from €7,918 to €12,748
- Profit (loss) carried forward +€4,795
up €4,795, from -€4,765 to €30
- Tax, wage and social debts +€368
new in 2023: €368
- Other debts -€333
down €333 (-11.0%), from €3,023 to €2,691
- Provisions +€7,500
no longer reported in 2023 (was -€7,500)
- Turnover +€3,077
up €3,077 (+26.3%), from €11,690 to €14,767
- Purchases and services +€1,719
up €1,719 (+33.8%), from €5,088 to €6,807
- Gross operating margin +€1,358
up €1,358 (+20.6%), from €6,602 to €7,960
- Depreciation +€1,052
up €1,052 (+81.0%), from €1,298 to €2,350
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,633 | €15,464 | +€4,830 | +45.4% |
| Fixed assets | 21/28 | €7,918 | €12,748 | +€4,830 | +61.0% |
| Tangible fixed assets | 22/27 | €7,918 | €12,748 | +€4,830 | +61.0% |
| Furniture and vehicles | 24 | €7,918 | €12,748 | +€4,830 | +61.0% |
| Current assets | 29/58 | €2,715 | €2,715 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €870 | €759 | -€111 | -12.7% |
| Other amounts receivable | 41 | €870 | €759 | -€111 | -12.7% |
| Cash at bank and in hand | 54/58 | €1,846 | €1,956 | +€111 | +6.0% |
| Total equity and liabilities | 10/49 | €10,633 | €15,464 | +€4,830 | +45.4% |
| Equity | 10/15 | €7,610 | €12,405 | +€4,795 | +63.0% |
| Contributions | 10/11 | €12,375 | €12,375 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,765 | €30 | +€4,795 | |
| Amounts payable | 17/49 | €3,023 | €3,059 | +€36 | +1.2% |
| Amounts payable within one year | 42/48 | €3,023 | €3,059 | +€36 | +1.2% |
| Taxes, remuneration and social security | 45 | - | €368 | +€368 | |
| Taxes | 450/3 | - | €368 | +€368 | |
| Other amounts payable | 47/48 | €3,023 | €2,691 | -€333 | -11.0% |
| Turnover | 70 | €11,690 | €14,767 | +€3,077 | +26.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €5,088 | €6,807 | +€1,719 | +33.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,298 | €2,350 | +€1,052 | +81.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€7,500 | - | +€7,500 | |
| Other operating charges | 640/8 | €410 | €446 | +€37 | +9.0% |
| Non-recurring operating charges | 66A | €8,653 | - | -€8,653 | |
| Gross operating margin | 9900 | €6,602 | €7,960 | +€1,358 | +20.6% |
| Operating profit (loss) | 9901 | €3,742 | €5,163 | +€1,421 | +38.0% |
| Profit (loss) for the period before taxes | 9903 | €3,742 | €5,163 | +€1,421 | +38.0% |
| Income taxes | 67/77 | - | €368 | +€368 | |
| Profit (loss) for the period | 9904 | €3,742 | €4,795 | +€1,053 | +28.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,742 | €4,795 | +€1,053 | +28.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.