FROMINVEST: 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.
FROMINVEST
Largest movements
- Receivables within one year +€26,559
up €26,559 (+5.0%), from €526,953 to €553,512
of which Other amounts receivable: +€20,472
- Tangible fixed assets -€9,833
down €9,833 (-33.4%), from €29,432 to €19,599
of which Leasing and similar rights: -€8,726
- Profit (loss) carried forward +€12,065
up €12,065 (+7.8%), from €153,787 to €165,852
- Debts after one year -€8,966
down €8,966 (-48.5%), from €18,475 to €9,509
- Trade debts +€8,751
up €8,751 (+539%), from €1,624 to €10,375
- Gross operating margin -€3,769
down €3,769 (-10.0%), from €37,728 to €33,959
- Other operating charges -€2,283
down €2,283 (-56.7%), from €4,023 to €1,740
- Taxes -€1,038
down €1,038 (-14.5%), from €7,140 to €6,102
- Financial charges +€727
up €727 (+22.4%), from €3,239 to €3,966
- Depreciation +€621
up €621 (+6.6%), from €9,465 to €10,086
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 | €562,398 | €574,074 | +€11,676 | +2.1% |
| Fixed assets | 21/28 | €29,432 | €19,599 | -€9,833 | -33.4% |
| Tangible fixed assets | 22/27 | €29,432 | €19,599 | -€9,833 | -33.4% |
| Furniture and vehicles | 24 | €2,658 | €1,551 | -€1,107 | -41.6% |
| Leasing and similar rights | 25 | €26,774 | €18,048 | -€8,726 | -32.6% |
| Current assets | 29/58 | €532,966 | €554,475 | +€21,509 | +4.0% |
| Amounts receivable within one year | 40/41 | €526,953 | €553,512 | +€26,559 | +5.0% |
| Trade receivables | 40 | €608 | €6,695 | +€6,087 | +1,001% |
| Other amounts receivable | 41 | €526,345 | €546,817 | +€20,472 | +3.9% |
| Cash at bank and in hand | 54/58 | €5,430 | €332 | -€5,098 | -93.9% |
| Deferred charges and accrued income | 490/1 | €583 | €631 | +€48 | +8.2% |
| Total equity and liabilities | 10/49 | €562,398 | €574,074 | +€11,676 | +2.1% |
| Equity | 10/15 | €520,637 | €532,702 | +€12,065 | +2.3% |
| Contributions | 10/11 | €333,500 | €333,500 | = | 0.0% |
| Capital | 10 | €333,500 | €333,500 | = | 0.0% |
| Issued capital | 100 | €333,500 | €333,500 | = | 0.0% |
| Reserves | 13 | €33,350 | €33,350 | = | 0.0% |
| Non-distributable reserves | 130/1 | €33,350 | €33,350 | = | 0.0% |
| Legal reserve | 130 | €33,350 | €33,350 | = | 0.0% |
| Profit (loss) carried forward | 14 | €153,787 | €165,852 | +€12,065 | +7.8% |
| Amounts payable | 17/49 | €41,761 | €41,372 | -€389 | -0.9% |
| Amounts payable after more than one year | 17 | €18,475 | €9,509 | -€8,966 | -48.5% |
| Financial debts | 170/4 | €18,475 | €9,509 | -€8,966 | -48.5% |
| Amounts payable within one year | 42/48 | €23,286 | €31,863 | +€8,577 | +36.8% |
| Current portion of amounts payable after more than one year | 42 | €8,454 | €8,966 | +€512 | +6.1% |
| Trade debts | 44 | €1,624 | €10,375 | +€8,751 | +539% |
| Suppliers | 440/4 | €1,624 | €10,375 | +€8,751 | +539% |
| Taxes, remuneration and social security | 45 | €13,208 | €12,522 | -€686 | -5.2% |
| Taxes | 450/3 | €13,208 | €12,522 | -€686 | -5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,465 | €10,086 | +€621 | +6.6% |
| Other operating charges | 640/8 | €4,023 | €1,740 | -€2,283 | -56.7% |
| Gross operating margin | 9900 | €37,728 | €33,959 | -€3,769 | -10.0% |
| Operating profit (loss) | 9901 | €24,240 | €22,133 | -€2,107 | -8.7% |
| Financial charges | 65/66B | €3,239 | €3,966 | +€727 | +22.4% |
| Recurring financial charges | 65 | €3,239 | €3,966 | +€727 | +22.4% |
| Profit (loss) for the period before taxes | 9903 | €21,001 | €18,167 | -€2,834 | -13.5% |
| Income taxes | 67/77 | €7,140 | €6,102 | -€1,038 | -14.5% |
| Profit (loss) for the period | 9904 | €13,861 | €12,065 | -€1,796 | -13.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,861 | €12,065 | -€1,796 | -13.0% |
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 27 October 2026 via checked.be.