FRIENDS FOREVER: 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.
FRIENDS FOREVER
Largest movements
- Receivables within one year +€3,186
up €3,186 (+28.6%), from €11,128 to €14,314
of which Other amounts receivable: +€14,314
- Tangible fixed assets +€2,847
up €2,847 (+8.0%), from €35,783 to €38,630
- Deferred charges and accrued income -€649
no longer reported in 2024 (was €649)
- Trade debts +€13,990
up €13,990 (+42.1%), from €33,253 to €47,243
- Other debts -€6,700
no longer reported in 2024 (was €6,700)
- Accrued charges and deferred income -€1,587
no longer reported in 2024 (was €1,587)
- Gross operating margin +€9,888
up €9,888, from -€2,643 to €7,246
- Other operating charges +€1,269
up €1,269 (+328%), from €387 to €1,655
- Depreciation -€949
down €949 (-15.9%), from €5,953 to €5,004
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 | €51,984 | €57,782 | +€5,798 | +11.2% |
| Fixed assets | 21/28 | €35,783 | €38,630 | +€2,847 | +8.0% |
| Tangible fixed assets | 22/27 | €35,783 | €38,630 | +€2,847 | +8.0% |
| Furniture and vehicles | 24 | €35,783 | €38,630 | +€2,847 | +8.0% |
| Current assets | 29/58 | €16,202 | €19,153 | +€2,951 | +18.2% |
| Amounts receivable within one year | 40/41 | €11,128 | €14,314 | +€3,186 | +28.6% |
| Trade receivables | 40 | €11,128 | - | -€11,128 | |
| Other amounts receivable | 41 | - | €14,314 | +€14,314 | |
| Cash at bank and in hand | 54/58 | €4,425 | €4,838 | +€413 | +9.3% |
| Deferred charges and accrued income | 490/1 | €649 | - | -€649 | |
| Total equity and liabilities | 10/49 | €51,984 | €57,782 | +€5,798 | +11.2% |
| Equity | 10/15 | €980 | €1,464 | +€483 | +49.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,020 | -€8,536 | +€483 | +5.4% |
| Amounts payable | 17/49 | €51,004 | €56,319 | +€5,315 | +10.4% |
| Amounts payable within one year | 42/48 | €49,417 | €56,319 | +€6,902 | +14.0% |
| Trade debts | 44 | €33,253 | €47,243 | +€13,990 | +42.1% |
| Suppliers | 440/4 | €33,253 | €47,243 | +€13,990 | +42.1% |
| Taxes, remuneration and social security | 45 | €9,464 | €9,075 | -€389 | -4.1% |
| Taxes | 450/3 | €859 | €2,824 | +€1,965 | +229% |
| Remuneration and social security | 454/9 | €8,605 | €6,252 | -€2,354 | -27.4% |
| Other amounts payable | 47/48 | €6,700 | - | -€6,700 | |
| Accrued charges and deferred income | 492/3 | €1,587 | - | -€1,587 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,953 | €5,004 | -€949 | -15.9% |
| Other operating charges | 640/8 | €387 | €1,655 | +€1,269 | +328% |
| Gross operating margin | 9900 | -€2,643 | €7,246 | +€9,888 | |
| Operating profit (loss) | 9901 | -€8,982 | €586 | +€9,568 | |
| Financial charges | 65/66B | €38 | €103 | +€65 | +172% |
| Recurring financial charges | 65 | €38 | €103 | +€65 | +172% |
| Profit (loss) for the period before taxes | 9903 | -€9,020 | €483 | +€9,503 | |
| Profit (loss) for the period | 9904 | -€9,020 | €483 | +€9,503 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,020 | €483 | +€9,503 |
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 20 October 2026 via checked.be.