FVDP Invest: 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.
FVDP Invest
Largest movements
- Receivables after one year +€937,500
new in 2024: €937,500
- Receivables within one year -€417,022
down €417,022 (-20.0%), from €2.1m to €1.7m
of which Other amounts receivable: -€417,022
- Current investments -€134,806
down €134,806 (-4.3%), from €3.1m to €3.0m
- Other debts +€209,824
up €209,824 (+3.8%), from €5.5m to €5.7m
- Reserves +€198,810
up €198,810 (+106%), from €187,322 to €386,132
- Financial income +€21,462
up €21,462 (+10.9%), from €196,295 to €217,758
- Taxes -€14,733
down €14,733 (-49.2%), from €29,938 to €15,205
- Financial charges -€3,660
down €3,660 (-76.3%), from €4,800 to €1,140
- Gross operating margin -€798
down €798 (-100%), from -€794 to -€1,592
- Other operating charges +€88
up €88 (+9.5%), from €924 to €1,012
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 | €8,172,933 | €8,562,622 | +€389,689 | +4.8% |
| Fixed assets | 21/28 | €2,979,353 | €2,979,353 | = | 0.0% |
| Financial fixed assets | 28 | €2,979,353 | €2,979,353 | = | 0.0% |
| Current assets | 29/58 | €5,193,580 | €5,583,269 | +€389,689 | +7.5% |
| Amounts receivable after more than one year | 29 | - | €937,500 | +€937,500 | |
| Other amounts receivable | 291 | - | €937,500 | +€937,500 | |
| Amounts receivable within one year | 40/41 | €2,087,188 | €1,670,166 | -€417,022 | -20.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €2,087,188 | €1,670,166 | -€417,022 | -20.0% |
| Current investments | 50/53 | €3,104,954 | €2,970,148 | -€134,806 | -4.3% |
| Cash at bank and in hand | 54/58 | €1,439 | €4,839 | +€3,400 | +236% |
| Deferred charges and accrued income | 490/1 | - | €616 | +€616 | |
| Total equity and liabilities | 10/49 | €8,172,933 | €8,562,622 | +€389,689 | +4.8% |
| Equity | 10/15 | €2,687,322 | €2,886,132 | +€198,810 | +7.4% |
| Contributions | 10/11 | €2,500,000 | €2,500,000 | = | 0.0% |
| Reserves | 13 | €187,322 | €386,132 | +€198,810 | +106% |
| Distributable reserves | 133 | €187,322 | €386,132 | +€198,810 | +106% |
| Amounts payable | 17/49 | €5,485,612 | €5,676,490 | +€190,879 | +3.5% |
| Amounts payable within one year | 42/48 | €5,485,612 | €5,676,216 | +€190,605 | +3.5% |
| Trade debts | 44 | €794 | €0 | -€794 | -100% |
| Suppliers | 440/4 | €794 | €0 | -€794 | -100% |
| Taxes, remuneration and social security | 45 | €33,630 | €15,205 | -€18,425 | -54.8% |
| Taxes | 450/3 | €33,630 | €15,205 | -€18,425 | -54.8% |
| Other amounts payable | 47/48 | €5,451,188 | €5,661,012 | +€209,824 | +3.8% |
| Accrued charges and deferred income | 492/3 | - | €274 | +€274 | |
| Other operating charges | 640/8 | €924 | €1,012 | +€88 | +9.5% |
| Gross operating margin | 9900 | -€794 | -€1,592 | -€798 | -100% |
| Operating profit (loss) | 9901 | -€1,718 | -€2,603 | -€886 | -51.6% |
| Financial income | 75/76B | €196,295 | €217,758 | +€21,462 | +10.9% |
| Recurring financial income | 75 | €196,295 | €217,758 | +€21,462 | +10.9% |
| Financial charges | 65/66B | €4,800 | €1,140 | -€3,660 | -76.3% |
| Recurring financial charges | 65 | €4,800 | €1,140 | -€3,660 | -76.3% |
| Profit (loss) for the period before taxes | 9903 | €189,778 | €214,015 | +€24,237 | +12.8% |
| Income taxes | 67/77 | €29,938 | €15,205 | -€14,733 | -49.2% |
| Profit (loss) for the period | 9904 | €159,840 | €198,810 | +€38,970 | +24.4% |
| Profit (loss) for the period to be appropriated | 9905 | €159,840 | €198,810 | +€38,970 | +24.4% |
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 1 November 2026 via checked.be.