FPA: 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.
FPA
Largest movements
- Receivables within one year +€72,874
up €72,874 (+15137.4%), from €481 to €73,356
of which Other amounts receivable: +€45,044
- Cash +€3,964
up €3,964 (+104.9%), from €3,779 to €7,743
mainly Accrued charges and deferred income (+€29,026) and Net result for the year (+€23,467)
- Deferred charges and accrued income -€3,940
no longer reported in 2023 (was €3,940)
- Tangible fixed assets -€2,120
down €2,120 (-33.9%), from €6,259 to €4,139
- Intangible fixed assets -€1,000
down €1,000 (-44.4%), from €2,250 to €1,250
- Accrued charges and deferred income +€29,026
up €29,026 (+14686.0%), from €198 to €29,223
- Profit (loss) carried forward +€23,467
up €23,467 (+39.4%), from -€59,603 to -€36,136
- Other debts +€8,600
up €8,600 (+25.5%), from €33,703 to €42,303
- Trade debts +€7,794
up €7,794 (+118.6%), from €6,573 to €14,368
- Tax, wage and social debts +€929
up €929 (+4.9%), from €18,811 to €19,740
of which Remuneration and social security: +€632
- Gross operating margin +€48,776
up €48,776 (+196.2%), from €24,859 to €73,634
- Staff costs +€25,358
up €25,358 (+235.3%), from €10,779 to €36,137
- Financial charges +€3,575
up €3,575 (+337.7%), from €1,059 to €4,633
- Other operating charges +€796
up €796 (+14.5%), from €5,481 to €6,277
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.
Cash bridge derived
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 | €18,270 | €88,048 | +€69,778 | +381.9% |
| Fixed assets | 21/28 | €8,836 | €5,716 | -€3,120 | -35.3% |
| Intangible fixed assets | 21 | €2,250 | €1,250 | -€1,000 | -44.4% |
| Tangible fixed assets | 22/27 | €6,259 | €4,139 | -€2,120 | -33.9% |
| Plant, machinery and equipment | 23 | €6,259 | €4,139 | -€2,120 | -33.9% |
| Financial fixed assets | 28 | €327 | €327 | = | 0.0% |
| Current assets | 29/58 | €9,434 | €82,332 | +€72,898 | +772.8% |
| Stocks and contracts in progress | 3 | €1,233 | €1,233 | = | 0.0% |
| Stocks | 30/36 | €1,233 | €1,233 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €481 | €73,356 | +€72,874 | +15137.4% |
| Trade receivables | 40 | - | €27,831 | +€27,831 | |
| Other amounts receivable | 41 | €481 | €45,525 | +€45,044 | +9356.4% |
| Cash at bank and in hand | 54/58 | €3,779 | €7,743 | +€3,964 | +104.9% |
| Deferred charges and accrued income | 490/1 | €3,940 | - | -€3,940 | |
| Total equity and liabilities | 10/49 | €18,270 | €88,048 | +€69,778 | +381.9% |
| Equity | 10/15 | -€41,053 | -€17,586 | +€23,467 | +57.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,603 | -€36,136 | +€23,467 | +39.4% |
| Amounts payable | 17/49 | €59,323 | €105,634 | +€46,311 | +78.1% |
| Amounts payable within one year | 42/48 | €59,125 | €76,411 | +€17,285 | +29.2% |
| Current portion of amounts payable after more than one year | 42 | €38 | - | -€38 | |
| Trade debts | 44 | €6,573 | €14,368 | +€7,794 | +118.6% |
| Suppliers | 440/4 | €6,573 | €14,368 | +€7,794 | +118.6% |
| Taxes, remuneration and social security | 45 | €18,811 | €19,740 | +€929 | +4.9% |
| Taxes | 450/3 | €8,676 | €8,974 | +€297 | +3.4% |
| Remuneration and social security | 454/9 | €10,135 | €10,767 | +€632 | +6.2% |
| Other amounts payable | 47/48 | €33,703 | €42,303 | +€8,600 | +25.5% |
| Accrued charges and deferred income | 492/3 | €198 | €29,223 | +€29,026 | +14686.0% |
| Remuneration, social security and pensions | 62 | €10,779 | €36,137 | +€25,358 | +235.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,120 | €3,120 | +€0 | 0.0% |
| Other operating charges | 640/8 | €5,481 | €6,277 | +€796 | +14.5% |
| Gross operating margin | 9900 | €24,859 | €73,634 | +€48,776 | +196.2% |
| Operating profit (loss) | 9901 | €5,479 | €28,100 | +€22,622 | +412.9% |
| Financial charges | 65/66B | €1,059 | €4,633 | +€3,575 | +337.7% |
| Recurring financial charges | 65 | €1,059 | €4,633 | +€3,575 | +337.7% |
| Profit (loss) for the period before taxes | 9903 | €4,420 | €23,467 | +€19,047 | +430.9% |
| Income taxes | 67/77 | €128 | - | -€128 | |
| Profit (loss) for the period | 9904 | €4,292 | €23,467 | +€19,175 | +446.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,292 | €23,467 | +€19,175 | +446.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.