FRK: 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.
FRK
Largest movements
- Stocks and contracts +€50,770
up €50,770 (+279%), from €18,184 to €68,954
- Cash +€2,142
up €2,142 (+177%), from €1,213 to €3,355
mainly Advances received (+€33,856) and Trade debts (+€19,601)
- Receivables within one year +€1,324
up €1,324 (+52.4%), from €2,527 to €3,851
of which Trade receivables: +€1,259
- Advances received +€33,856
up €33,856 (+341%), from €9,939 to €43,795
- Trade debts +€19,601
up €19,601 (+3,600%), from €545 to €20,145
- Profit (loss) carried forward +€4,907
up €4,907, from -€3,899 to €1,008
- Other debts -€4,128
down €4,128 (-26.9%), from €15,339 to €11,211
- Turnover +€31,245
new in 2023: €31,245
- Purchases and services +€23,439
up €23,439 (+1,036%), from €2,264 to €25,703
- Gross operating margin +€7,806
up €7,806, from -€2,264 to €5,542
- Financial charges +€392
up €392 (+293%), from €134 to €526
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 | €21,924 | €76,160 | +€54,236 | +247% |
| Current assets | 29/58 | €21,924 | €76,160 | +€54,236 | +247% |
| Stocks and contracts in progress | 3 | €18,184 | €68,954 | +€50,770 | +279% |
| Stocks | 30/36 | €18,184 | €68,954 | +€50,770 | +279% |
| Amounts receivable within one year | 40/41 | €2,527 | €3,851 | +€1,324 | +52.4% |
| Trade receivables | 40 | €1,821 | €3,081 | +€1,259 | +69.1% |
| Other amounts receivable | 41 | €706 | €771 | +€65 | +9.1% |
| Cash at bank and in hand | 54/58 | €1,213 | €3,355 | +€2,142 | +177% |
| Total equity and liabilities | 10/49 | €21,924 | €76,160 | +€54,236 | +247% |
| Equity | 10/15 | -€3,898 | €1,009 | +€4,907 | |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,899 | €1,008 | +€4,907 | |
| Amounts payable | 17/49 | €25,823 | €75,151 | +€49,329 | +191% |
| Amounts payable within one year | 42/48 | €25,823 | €75,151 | +€49,329 | +191% |
| Trade debts | 44 | €545 | €20,145 | +€19,601 | +3,600% |
| Suppliers | 440/4 | €545 | €20,145 | +€19,601 | +3,600% |
| Advances received on contracts in progress | 46 | €9,939 | €43,795 | +€33,856 | +341% |
| Other amounts payable | 47/48 | €15,339 | €11,211 | -€4,128 | -26.9% |
| Turnover | 70 | - | €31,245 | +€31,245 | |
| Goods, raw materials, services and sundry goods | 60/61 | €2,264 | €25,703 | +€23,439 | +1,036% |
| Other operating charges | 640/8 | €252 | €109 | -€143 | -56.7% |
| Gross operating margin | 9900 | -€2,264 | €5,542 | +€7,806 | |
| Operating profit (loss) | 9901 | -€2,516 | €5,433 | +€7,949 | |
| Financial charges | 65/66B | €134 | €526 | +€392 | +293% |
| Recurring financial charges | 65 | €134 | €526 | +€392 | +293% |
| Profit (loss) for the period before taxes | 9903 | -€2,649 | €4,907 | +€7,556 | |
| Profit (loss) for the period | 9904 | -€2,649 | €4,907 | +€7,556 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,649 | €4,907 | +€7,556 |
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 16 October 2026 via checked.be.