FYM CONCEPT: what changed
FYM CONCEPT
Largest movements
- Receivables within one year -€23,808
down €23,808 (-49.9%), from €47,748 to €23,941
of which Trade receivables: -€41,982
- Cash -€11,468
down €11,468 (-89.5%), from €12,807 to €1,339
mainly Trade debts (-€28,236) and Other debts (-€14,150)
- Tangible fixed assets -€4,762
down €4,762 (-31.6%), from €15,078 to €10,317
- Trade debts -€28,236
down €28,236 (-65.9%), from €42,817 to €14,581
- Other debts -€14,150
no longer reported in 2024 (was €14,150)
- Reserves +€6,143
new in 2024: €6,143
- Debts after one year -€2,474
down €2,474 (-66.7%), from €3,708 to €1,234
- Profit (loss) carried forward -€1,384
no longer reported in 2024 (was €1,384)
- Gross operating margin -€10,143
down €10,143 (-45.1%), from €22,483 to €12,340
- Other operating charges -€2,045
down €2,045 (-77.3%), from €2,645 to €600
- Taxes +€1,198
up €1,198 (+126%), from €948 to €2,146
- Financial income +€454
new in 2024: €454
- Staff costs -€360
no longer reported in 2024 (was €360)
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 | €75,633 | €35,596 | -€40,037 | -52.9% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €15,078 | €10,317 | -€4,762 | -31.6% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €15,078 | €10,317 | -€4,762 | -31.6% |
| Furniture and vehicles | 24 | €15,078 | €10,317 | -€4,762 | -31.6% |
| Current assets | 29/58 | €60,555 | €25,280 | -€35,275 | -58.3% |
| Amounts receivable within one year | 40/41 | €47,748 | €23,941 | -€23,808 | -49.9% |
| Trade receivables | 40 | €47,748 | €5,767 | -€41,982 | -87.9% |
| Other amounts receivable | 41 | - | €18,174 | +€18,174 | |
| Cash at bank and in hand | 54/58 | €12,807 | €1,339 | -€11,468 | -89.5% |
| Total equity and liabilities | 10/49 | €75,633 | €35,596 | -€40,037 | -52.9% |
| Equity | 10/15 | €9,484 | €14,243 | +€4,759 | +50.2% |
| Contributions | 10/11 | €8,100 | €8,100 | = | 0.0% |
| Reserves | 13 | - | €6,143 | +€6,143 | |
| Distributable reserves | 133 | - | €6,143 | +€6,143 | |
| Profit (loss) carried forward | 14 | €1,384 | - | -€1,384 | |
| Amounts payable | 17/49 | €66,149 | €21,354 | -€44,796 | -67.7% |
| Amounts payable after more than one year | 17 | €3,708 | €1,234 | -€2,474 | -66.7% |
| Financial debts | 170/4 | €3,708 | €1,234 | -€2,474 | -66.7% |
| Amounts payable within one year | 42/48 | €62,441 | €20,120 | -€42,321 | -67.8% |
| Current portion of amounts payable after more than one year | 42 | €2,415 | €2,445 | +€30 | +1.3% |
| Trade debts | 44 | €42,817 | €14,581 | -€28,236 | -65.9% |
| Suppliers | 440/4 | €42,817 | €14,581 | -€28,236 | -65.9% |
| Taxes, remuneration and social security | 45 | €3,060 | €3,094 | +€34 | +1.1% |
| Taxes | 450/3 | €3,060 | €3,094 | +€34 | +1.1% |
| Other amounts payable | 47/48 | €14,150 | - | -€14,150 | |
| Remuneration, social security and pensions | 62 | €360 | - | -€360 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,762 | €4,762 | = | 0.0% |
| Other operating charges | 640/8 | €2,645 | €600 | -€2,045 | -77.3% |
| Gross operating margin | 9900 | €22,483 | €12,340 | -€10,143 | -45.1% |
| Operating profit (loss) | 9901 | €14,717 | €6,979 | -€7,738 | -52.6% |
| Financial income | 75/76B | - | €454 | +€454 | |
| Recurring financial income | 75 | - | €454 | +€454 | |
| Financial charges | 65/66B | €718 | €529 | -€189 | -26.3% |
| Recurring financial charges | 65 | €718 | €529 | -€189 | -26.3% |
| Profit (loss) for the period before taxes | 9903 | €13,999 | €6,905 | -€7,095 | -50.7% |
| Income taxes | 67/77 | €948 | €2,146 | +€1,198 | +126% |
| Profit (loss) for the period | 9904 | €13,052 | €4,759 | -€8,293 | -63.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,052 | €4,759 | -€8,293 | -63.5% |
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 7 November 2026 via checked.be.