FVHS: 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.
FVHS
Largest movements
- Receivables within one year +€37,152
up €37,152 (+84.9%), from €43,784 to €80,936
of which Trade receivables: +€37,769
- Trade debts +€31,155
up €31,155 (+91.1%), from €34,204 to €65,360
- Profit (loss) carried forward +€7,697
up €7,697 (+432.8%), from €1,779 to €9,476
- Tax, wage and social debts -€1,422
down €1,422 (-17.8%), from €8,009 to €6,586
- Taxes +€2,609
up €2,609 (+1983.4%), from €132 to €2,740
- Other operating charges -€2,173
down €2,173 (-57.0%), from €3,810 to €1,637
- Gross operating margin +€2,064
up €2,064 (+20.4%), from €10,097 to €12,161
- Financial charges -€229
down €229 (-48.9%), from €468 to €239
- Financial income +€131
up €131 (+113.3%), from €115 to €246
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.
Cash bridge derived
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 | €43,993 | €81,423 | +€37,430 | +85.1% |
| Fixed assets | 21/28 | €166 | €72 | -€93 | -56.4% |
| Tangible fixed assets | 22/27 | €116 | €22 | -€93 | -80.8% |
| Plant, machinery and equipment | 23 | €116 | €22 | -€93 | -80.8% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €43,827 | €81,350 | +€37,523 | +85.6% |
| Amounts receivable within one year | 40/41 | €43,784 | €80,936 | +€37,152 | +84.9% |
| Trade receivables | 40 | €39,427 | €77,196 | +€37,769 | +95.8% |
| Other amounts receivable | 41 | €4,357 | €3,741 | -€617 | -14.2% |
| Cash at bank and in hand | 54/58 | - | €414 | +€414 | |
| Deferred charges and accrued income | 490/1 | €43 | - | -€43 | |
| Total equity and liabilities | 10/49 | €43,993 | €81,423 | +€37,430 | +85.1% |
| Equity | 10/15 | €1,780 | €9,477 | +€7,697 | +432.5% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,779 | €9,476 | +€7,697 | +432.8% |
| Amounts payable | 17/49 | €42,213 | €71,946 | +€29,733 | +70.4% |
| Amounts payable within one year | 42/48 | €42,213 | €71,946 | +€29,733 | +70.4% |
| Trade debts | 44 | €34,204 | €65,360 | +€31,155 | +91.1% |
| Suppliers | 440/4 | €34,204 | €65,360 | +€31,155 | +91.1% |
| Taxes, remuneration and social security | 45 | €8,009 | €6,586 | -€1,422 | -17.8% |
| Taxes | 450/3 | €8,009 | €6,586 | -€1,422 | -17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93 | €93 | = | 0.0% |
| Other operating charges | 640/8 | €3,810 | €1,637 | -€2,173 | -57.0% |
| Gross operating margin | 9900 | €10,097 | €12,161 | +€2,064 | +20.4% |
| Operating profit (loss) | 9901 | €6,194 | €10,431 | +€4,237 | +68.4% |
| Financial income | 75/76B | €115 | €246 | +€131 | +113.3% |
| Recurring financial income | 75 | €115 | €246 | +€131 | +113.3% |
| Financial charges | 65/66B | €468 | €239 | -€229 | -48.9% |
| Recurring financial charges | 65 | €468 | €239 | -€229 | -48.9% |
| Profit (loss) for the period before taxes | 9903 | €5,841 | €10,437 | +€4,597 | +78.7% |
| Income taxes | 67/77 | €132 | €2,740 | +€2,609 | +1983.4% |
| Profit (loss) for the period | 9904 | €5,709 | €7,697 | +€1,988 | +34.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,709 | €7,697 | +€1,988 | +34.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.