FROVESTE: what changed
FROVESTE
Largest movements
- Cash +€556,394
up €556,394 (+141%), from €393,622 to €950,016
mainly Current investments (+€317,088) and Net result for the year (+€177,198)
- Current investments -€317,088
down €317,088 (-24.0%), from €1.3m to €1.0m
- Profit (loss) carried forward +€177,198
up €177,198 (+10.5%), from €1.7m to €1.9m
- Tax, wage and social debts +€57,737
new in 2024: €57,737
- Financial income +€281,755
up €281,755 (+1,766%), from €15,951 to €297,706
- Taxes +€56,960
up €56,960 (+2,858%), from €1,993 to €58,952
- Financial charges +€23,604
up €23,604 (+178%), from €13,235 to €36,839
- Other operating charges +€13,311
up €13,311 (+267%), from €4,981 to €18,292
- Gross operating margin +€1,053
up €1,053 (+14.1%), from -€7,479 to -€6,426
Change in the result, 31-12-2023 to 31-12-2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 31-12-2023 and 31-12-2024 balance sheets and the 31-12-2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 31-12-2023 | 31-12-2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,714,218 | €1,952,852 | +€238,634 | +13.9% |
| Current assets | 29/58 | €1,714,218 | €1,952,852 | +€238,634 | +13.9% |
| Amounts receivable within one year | 40/41 | €673 | - | -€673 | |
| Other amounts receivable | 41 | €673 | - | -€673 | |
| Current investments | 50/53 | €1,319,923 | €1,002,836 | -€317,088 | -24.0% |
| Cash at bank and in hand | 54/58 | €393,622 | €950,016 | +€556,394 | +141% |
| Total equity and liabilities | 10/49 | €1,714,218 | €1,952,852 | +€238,634 | +13.9% |
| Equity | 10/15 | €1,712,632 | €1,889,830 | +€177,198 | +10.3% |
| Contributions | 10/11 | €16,500 | €16,500 | = | 0.0% |
| Revaluation surpluses | 12 | €697 | €697 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,695,435 | €1,872,633 | +€177,198 | +10.5% |
| Amounts payable | 17/49 | €1,586 | €63,022 | +€61,436 | +3,874% |
| Amounts payable within one year | 42/48 | €1,586 | €57,737 | +€56,151 | +3,541% |
| Trade debts | 44 | €1,586 | - | -€1,586 | |
| Suppliers | 440/4 | €1,586 | - | -€1,586 | |
| Taxes, remuneration and social security | 45 | - | €57,737 | +€57,737 | |
| Taxes | 450/3 | - | €57,737 | +€57,737 | |
| Accrued charges and deferred income | 492/3 | - | €5,285 | +€5,285 | |
| Goods, raw materials, services and sundry goods | 60/61 | €7,479 | €6,426 | -€1,053 | -14.1% |
| Other operating charges | 640/8 | €4,981 | €18,292 | +€13,311 | +267% |
| Gross operating margin | 9900 | -€7,479 | -€6,426 | +€1,053 | +14.1% |
| Operating profit (loss) | 9901 | -€12,460 | -€24,718 | -€12,258 | -98.4% |
| Financial income | 75/76B | €15,951 | €297,706 | +€281,755 | +1,766% |
| Recurring financial income | 75 | €15,951 | €297,706 | +€281,755 | +1,766% |
| Financial charges | 65/66B | €13,235 | €36,839 | +€23,604 | +178% |
| Recurring financial charges | 65 | €13,235 | €36,839 | +€23,604 | +178% |
| Profit (loss) for the period before taxes | 9903 | -€9,743 | €236,150 | +€245,893 | |
| Income taxes | 67/77 | €1,993 | €58,952 | +€56,960 | +2,858% |
| Profit (loss) for the period | 9904 | -€11,736 | €177,198 | +€188,934 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,736 | €177,198 | +€188,934 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.