FURKAN: what changed
Two fiscal 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.
FURKAN
Largest movements
- Stocks and contracts +€18,618
up €18,618 (+10.5%), from €177,491 to €196,109
- Cash +€4,476
up €4,476 (+56.9%), from €7,864 to €12,341
mainly Net result for the year (+€13,280) and Tax, wage and social debts (+€7,315)
- Profit (loss) carried forward +€13,280
up €13,280 (+74.9%), from -€17,732 to -€4,452
- Tax, wage and social debts +€7,315
new in 2023: €7,315
- Debts after one year +€7,190
up €7,190 (+3.5%), from €203,967 to €211,158
- Trade debts -€6,649
down €6,649 (-55.2%), from €12,051 to €5,402
- Gross operating margin +€22,518
up €22,518, from -€5,188 to €17,330
- Financial charges +€455
up €455 (+206.9%), from €220 to €675
- Financial income -€387
down €387 (-96.9%), from €399 to €12
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.
Cash bridge derived
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 | €218,399 | €240,123 | +€21,723 | +9.9% |
| Fixed assets | 21/28 | €10,686 | €9,186 | -€1,501 | -14.0% |
| Tangible fixed assets | 22/27 | €10,686 | €9,186 | -€1,501 | -14.0% |
| Furniture and vehicles | 24 | €10,686 | €9,186 | -€1,501 | -14.0% |
| Current assets | 29/58 | €207,713 | €230,937 | +€23,224 | +11.2% |
| Stocks and contracts in progress | 3 | €177,491 | €196,109 | +€18,618 | +10.5% |
| Stocks | 30/36 | €177,491 | €196,109 | +€18,618 | +10.5% |
| Amounts receivable within one year | 40/41 | €21,787 | €21,431 | -€356 | -1.6% |
| Trade receivables | 40 | €2,014 | €1,391 | -€623 | -30.9% |
| Other amounts receivable | 41 | €19,773 | €20,040 | +€267 | +1.3% |
| Cash at bank and in hand | 54/58 | €7,864 | €12,341 | +€4,476 | +56.9% |
| Deferred charges and accrued income | 490/1 | €571 | €1,056 | +€485 | +85.0% |
| Total equity and liabilities | 10/49 | €218,399 | €240,123 | +€21,723 | +9.9% |
| Equity | 10/15 | €2,350 | €15,630 | +€13,280 | +565.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,482 | €1,482 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,482 | - | -€1,482 | |
| Reserves not available under the articles | 1311 | €1,482 | - | -€1,482 | |
| Distributable reserves | 133 | - | €1,482 | +€1,482 | |
| Profit (loss) carried forward | 14 | -€17,732 | -€4,452 | +€13,280 | +74.9% |
| Amounts payable | 17/49 | €216,050 | €224,493 | +€8,443 | +3.9% |
| Amounts payable after more than one year | 17 | €203,967 | €211,158 | +€7,190 | +3.5% |
| Other amounts payable | 178/9 | €203,967 | €211,158 | +€7,190 | +3.5% |
| Amounts payable within one year | 42/48 | €12,051 | €12,717 | +€665 | +5.5% |
| Trade debts | 44 | €12,051 | €5,402 | -€6,649 | -55.2% |
| Suppliers | 440/4 | €12,051 | €5,402 | -€6,649 | -55.2% |
| Taxes, remuneration and social security | 45 | - | €7,315 | +€7,315 | |
| Taxes | 450/3 | - | €7,315 | +€7,315 | |
| Accrued charges and deferred income | 492/3 | €31 | €619 | +€587 | +1880.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,426 | €1,501 | +€75 | +5.3% |
| Other operating charges | 640/8 | €1,777 | €1,761 | -€16 | -0.9% |
| Non-recurring operating charges | 66A | - | €125 | +€125 | |
| Gross operating margin | 9900 | -€5,188 | €17,330 | +€22,518 | |
| Operating profit (loss) | 9901 | -€8,391 | €13,943 | +€22,334 | |
| Financial income | 75/76B | €399 | €12 | -€387 | -96.9% |
| Recurring financial income | 75 | €399 | €12 | -€387 | -96.9% |
| Financial charges | 65/66B | €220 | €675 | +€455 | +206.9% |
| Recurring financial charges | 65 | €220 | €675 | +€455 | +206.9% |
| Profit (loss) for the period before taxes | 9903 | -€8,212 | €13,280 | +€21,493 | |
| Profit (loss) for the period | 9904 | -€8,212 | €13,280 | +€21,493 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,212 | €13,280 | +€21,493 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.