FECICONSTRUCT: what changed
FECICONSTRUCT
Largest movements
- Receivables within one year -€9,466
down €9,466 (-43.7%), from €21,650 to €12,184
of which Other amounts receivable: -€12,343
- Cash +€7,649
up €7,649 (+93.9%), from €8,144 to €15,793
mainly Depreciation (+€10,342) and Short-term financial debts (+€9,690)
- Deferred charges and accrued income -€5,855
no longer reported in 2023 (was €5,855)
- Tangible fixed assets +€4,158
up €4,158 (+476%), from €874 to €5,032
of which Furniture and vehicles: +€5,032
- Profit (loss) carried forward -€33,451
down €33,451, from €13,519 to -€19,931
- Short-term financial debts +€9,690
new in 2023: €9,690
- Tax, wage and social debts +€8,583
up €8,583 (+660%), from €1,300 to €9,883
- Trade debts +€6,819
new in 2023: €6,819
- Other debts +€6,088
new in 2023: €6,088
- Gross operating margin -€34,421
down €34,421, from €13,228 to -€21,193
- Depreciation +€4,226
up €4,226 (+69.1%), from €6,117 to €10,342
- Taxes -€1,303
down €1,303 (-90.8%), from €1,434 to €132
- Other operating charges +€602
up €602 (+97.2%), from €620 to €1,222
- Financial charges -€312
down €312 (-27.6%), from €1,130 to €818
Change in the result, 2022 to 2023
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 2022 and 2023 balance sheets and the 2023 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 | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,524 | €33,009 | -€3,515 | -9.6% |
| Fixed assets | 21/28 | €874 | €5,032 | +€4,158 | +476% |
| Tangible fixed assets | 22/27 | €874 | €5,032 | +€4,158 | +476% |
| Plant, machinery and equipment | 23 | €874 | - | -€874 | |
| Furniture and vehicles | 24 | - | €5,032 | +€5,032 | |
| Current assets | 29/58 | €35,650 | €27,977 | -€7,672 | -21.5% |
| Amounts receivable within one year | 40/41 | €21,650 | €12,184 | -€9,466 | -43.7% |
| Trade receivables | 40 | €664 | €3,541 | +€2,878 | +433% |
| Other amounts receivable | 41 | €20,986 | €8,643 | -€12,343 | -58.8% |
| Cash at bank and in hand | 54/58 | €8,144 | €15,793 | +€7,649 | +93.9% |
| Deferred charges and accrued income | 490/1 | €5,855 | - | -€5,855 | |
| Total equity and liabilities | 10/49 | €36,524 | €33,009 | -€3,515 | -9.6% |
| Equity | 10/15 | €33,979 | €529 | -€33,451 | -98.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,519 | -€19,931 | -€33,451 | |
| Amounts payable | 17/49 | €2,545 | €32,480 | +€29,936 | +1,176% |
| Amounts payable within one year | 42/48 | €1,300 | €32,480 | +€31,180 | +2,398% |
| Financial debts | 43 | - | €9,690 | +€9,690 | |
| Credit institutions | 430/8 | - | €9,690 | +€9,690 | |
| Trade debts | 44 | - | €6,819 | +€6,819 | |
| Suppliers | 440/4 | - | €6,819 | +€6,819 | |
| Taxes, remuneration and social security | 45 | €1,300 | €9,883 | +€8,583 | +660% |
| Taxes | 450/3 | €1,300 | €9,883 | +€8,583 | +660% |
| Other amounts payable | 47/48 | - | €6,088 | +€6,088 | |
| Accrued charges and deferred income | 492/3 | €1,245 | - | -€1,245 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,117 | €10,342 | +€4,226 | +69.1% |
| Other operating charges | 640/8 | €620 | €1,222 | +€602 | +97.2% |
| Gross operating margin | 9900 | €13,228 | -€21,193 | -€34,421 | |
| Operating profit (loss) | 9901 | €6,492 | -€32,757 | -€39,249 | |
| Financial income | 75/76B | €1 | €257 | +€256 | +51,208% |
| Recurring financial income | 75 | €1 | €257 | +€256 | +51,208% |
| Financial charges | 65/66B | €1,130 | €818 | -€312 | -27.6% |
| Recurring financial charges | 65 | €1,130 | €818 | -€312 | -27.6% |
| Profit (loss) for the period before taxes | 9903 | €5,362 | -€33,319 | -€38,681 | |
| Income taxes | 67/77 | €1,434 | €132 | -€1,303 | -90.8% |
| Profit (loss) for the period | 9904 | €3,928 | -€33,451 | -€37,378 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,928 | -€33,451 | -€37,378 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.