FOTRANS: 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.
FOTRANS
Largest movements
- Receivables within one year +€91,079
up €91,079 (+439.4%), from €20,727 to €111,806
of which Trade receivables: +€91,079
- Financial fixed assets +€10,500
up €10,500 (+169.9%), from €6,179 to €16,679
- Cash +€1,659
up €1,659 (+16.4%), from €10,105 to €11,764
mainly Net result for the year (+€49,115) and Tax, wage and social debts (+€40,152)
- Profit (loss) carried forward +€49,115
up €49,115 (+63.8%), from -€76,951 to -€27,837
- Tax, wage and social debts +€40,152
up €40,152 (+47.0%), from €85,431 to €125,583
of which Taxes: +€28,615
- Trade debts +€23,221
up €23,221 (+134.2%), from €17,305 to €40,526
- Other debts -€12,103
down €12,103 (-87.6%), from €13,813 to €1,710
- Advances received +€2,193
new in 2024: €2,193
- Gross operating margin +€153,477
up €153,477 (+101.4%), from €151,301 to €304,778
- Staff costs +€95,918
up €95,918 (+68.0%), from €141,076 to €236,994
- Taxes +€11,683
up €11,683 (+2958.0%), from €395 to €12,078
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 | €40,098 | €142,676 | +€102,578 | +255.8% |
| Fixed assets | 21/28 | €9,266 | €19,106 | +€9,840 | +106.2% |
| Tangible fixed assets | 22/27 | €3,087 | €2,427 | -€660 | -21.4% |
| Other tangible fixed assets | 26 | €3,087 | €2,427 | -€660 | -21.4% |
| Financial fixed assets | 28 | €6,179 | €16,679 | +€10,500 | +169.9% |
| Current assets | 29/58 | €30,832 | €123,570 | +€92,738 | +300.8% |
| Amounts receivable within one year | 40/41 | €20,727 | €111,806 | +€91,079 | +439.4% |
| Trade receivables | 40 | €16,727 | €107,806 | +€91,079 | +544.5% |
| Other amounts receivable | 41 | €4,000 | €4,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €10,105 | €11,764 | +€1,659 | +16.4% |
| Total equity and liabilities | 10/49 | €40,098 | €142,676 | +€102,578 | +255.8% |
| Equity | 10/15 | -€76,451 | -€27,337 | +€49,115 | +64.2% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€76,951 | -€27,837 | +€49,115 | +63.8% |
| Amounts payable | 17/49 | €116,549 | €170,012 | +€53,463 | +45.9% |
| Amounts payable within one year | 42/48 | €116,549 | €170,012 | +€53,463 | +45.9% |
| Trade debts | 44 | €17,305 | €40,526 | +€23,221 | +134.2% |
| Suppliers | 440/4 | €17,305 | €40,526 | +€23,221 | +134.2% |
| Advances received on contracts in progress | 46 | - | €2,193 | +€2,193 | |
| Taxes, remuneration and social security | 45 | €85,431 | €125,583 | +€40,152 | +47.0% |
| Taxes | 450/3 | €54,985 | €83,601 | +€28,615 | +52.0% |
| Remuneration and social security | 454/9 | €30,446 | €41,983 | +€11,537 | +37.9% |
| Other amounts payable | 47/48 | €13,813 | €1,710 | -€12,103 | -87.6% |
| Non-recurring operating income | 76A | - | €4,767 | +€4,767 | |
| Remuneration, social security and pensions | 62 | €141,076 | €236,994 | +€95,918 | +68.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €215 | €660 | +€445 | +206.5% |
| Other operating charges | 640/8 | €1,842 | €2,820 | +€978 | +53.1% |
| Non-recurring operating charges | 66A | €2,545 | €2,059 | -€486 | -19.1% |
| Gross operating margin | 9900 | €151,301 | €304,778 | +€153,477 | +101.4% |
| Operating profit (loss) | 9901 | €5,622 | €62,245 | +€56,622 | +1007.1% |
| Financial income | 75/76B | €198 | €14 | -€184 | -93.1% |
| Recurring financial income | 75 | €198 | €14 | -€184 | -93.1% |
| Financial charges | 65/66B | €934 | €1,066 | +€132 | +14.2% |
| Recurring financial charges | 65 | €934 | €1,066 | +€132 | +14.2% |
| Profit (loss) for the period before taxes | 9903 | €4,886 | €61,192 | +€56,306 | +1152.3% |
| Income taxes | 67/77 | €395 | €12,078 | +€11,683 | +2958.0% |
| Profit (loss) for the period | 9904 | €4,491 | €49,115 | +€44,623 | +993.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,491 | €49,115 | +€44,623 | +993.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.