FSK Finance: what changed
FSK Finance
Largest movements
- Tangible fixed assets -€53,830
down €53,830 (-95.3%), from €56,487 to €2,657
of which Furniture and vehicles: -€56,487
- Receivables within one year +€12,703
up €12,703 (+63.3%), from €20,080 to €32,782
of which Other amounts receivable: +€13,950
- Cash +€7,020
up €7,020 (+107%), from €6,552 to €13,572
mainly Investment in fixed assets (net) (+€52,261) and Depreciation (+€109)
- Financial fixed assets +€1,460
new in 2024: €1,460
- Debts after one year -€12,845
down €12,845 (-42.1%), from €30,521 to €17,676
- Profit (loss) carried forward -€12,756
down €12,756 (-49.2%), from €25,949 to €13,193
- Other debts -€6,569
no longer reported in 2024 (was €6,569)
- Purchases and services +€64,647
up €64,647 (+168%), from €38,549 to €103,197
- Gross operating margin -€52,139
down €52,139, from €49,651 to -€2,488
- Depreciation -€11,404
down €11,404 (-99.1%), from €11,513 to €109
- Taxes -€7,957
no longer reported in 2024 (was €7,957)
- Financial charges +€2,861
up €2,861 (+2,615%), from €109 to €2,971
Change in the result, 2023 to 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 2023 and 2024 balance sheets and the 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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €83,842 | €51,671 | -€32,171 | -38.4% |
| Fixed assets | 21/28 | €56,487 | €4,117 | -€52,370 | -92.7% |
| Tangible fixed assets | 22/27 | €56,487 | €2,657 | -€53,830 | -95.3% |
| Plant, machinery and equipment | 23 | - | €2,657 | +€2,657 | |
| Furniture and vehicles | 24 | €56,487 | - | -€56,487 | |
| Financial fixed assets | 28 | - | €1,460 | +€1,460 | |
| Current assets | 29/58 | €27,355 | €47,554 | +€20,199 | +73.8% |
| Amounts receivable within one year | 40/41 | €20,080 | €32,782 | +€12,703 | +63.3% |
| Trade receivables | 40 | €16,058 | €14,811 | -€1,247 | -7.8% |
| Other amounts receivable | 41 | €4,022 | €17,972 | +€13,950 | +347% |
| Cash at bank and in hand | 54/58 | €6,552 | €13,572 | +€7,020 | +107% |
| Deferred charges and accrued income | 490/1 | €723 | €1,200 | +€477 | +65.9% |
| Total equity and liabilities | 10/49 | €83,842 | €51,671 | -€32,171 | -38.4% |
| Equity | 10/15 | €25,949 | €13,193 | -€12,756 | -49.2% |
| Profit (loss) carried forward | 14 | €25,949 | €13,193 | -€12,756 | -49.2% |
| Amounts payable | 17/49 | €57,893 | €38,478 | -€19,414 | -33.5% |
| Amounts payable after more than one year | 17 | €30,521 | €17,676 | -€12,845 | -42.1% |
| Financial debts | 170/4 | €30,521 | €17,676 | -€12,845 | -42.1% |
| Amounts payable within one year | 42/48 | €27,372 | €20,802 | -€6,569 | -24.0% |
| Current portion of amounts payable after more than one year | 42 | €12,845 | €12,845 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €7,957 | €7,957 | = | 0.0% |
| Taxes | 450/3 | €7,957 | €7,957 | = | 0.0% |
| Other amounts payable | 47/48 | €6,569 | - | -€6,569 | |
| Goods, raw materials, services and sundry goods | 60/61 | €38,549 | €103,197 | +€64,647 | +168% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,513 | €109 | -€11,404 | -99.1% |
| Other operating charges | 640/8 | €4,122 | €2,702 | -€1,420 | -34.4% |
| Non-recurring operating charges | 66A | - | €4,487 | +€4,487 | |
| Gross operating margin | 9900 | €49,651 | -€2,488 | -€52,139 | |
| Operating profit (loss) | 9901 | €34,016 | -€9,785 | -€43,801 | |
| Financial charges | 65/66B | €109 | €2,971 | +€2,861 | +2,615% |
| Recurring financial charges | 65 | €109 | €2,971 | +€2,861 | +2,615% |
| Profit (loss) for the period before taxes | 9903 | €33,907 | -€12,756 | -€46,663 | |
| Income taxes | 67/77 | €7,957 | - | -€7,957 | |
| Profit (loss) for the period | 9904 | €25,949 | -€12,756 | -€38,706 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,949 | -€12,756 | -€38,706 |
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 3 November 2026 via checked.be.