De Factorij: 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.
De Factorij
Largest movements
- Cash -€135,839
down €135,839 (-95.5%), from €142,229 to €6,391
mainly Trade debts (-€279,950) and Investment in fixed assets (net) (-€59,500)
- Receivables within one year -€98,294
down €98,294 (-8.2%), from €1.2m to €1.1m
of which Trade receivables: -€103,368
- Tangible fixed assets +€48,599
up €48,599 (+158.4%), from €30,679 to €79,279
of which Furniture and vehicles: +€55,126
- Stocks and contracts -€42,615
down €42,615 (-5.0%), from €849,317 to €806,702
- Trade debts -€279,950
down €279,950 (-63.3%), from €442,437 to €162,487
- Reserves +€88,064
up €88,064 (+7.3%), from €1.2m to €1.3m
of which Distributable reserves: +€88,064
- Debts after one year -€43,676
down €43,676 (-22.2%), from €196,683 to €153,008
- Gross operating margin -€35,558
down €35,558 (-9.1%), from €389,096 to €353,539
- Staff costs -€10,349
down €10,349 (-4.7%), from €217,943 to €207,593
- Financial charges -€5,676
down €5,676 (-18.7%), from €30,420 to €24,743
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,234,606 | €1,994,517 | -€240,089 | -10.7% |
| Fixed assets | 21/28 | €30,679 | €79,279 | +€48,599 | +158.4% |
| Tangible fixed assets | 22/27 | €30,679 | €79,279 | +€48,599 | +158.4% |
| Land and buildings | 22 | €23,948 | €17,610 | -€6,338 | -26.5% |
| Plant, machinery and equipment | 23 | €1,266 | €1,077 | -€189 | -14.9% |
| Furniture and vehicles | 24 | €5,465 | €60,591 | +€55,126 | +1008.8% |
| Current assets | 29/58 | €2,203,927 | €1,915,238 | -€288,688 | -13.1% |
| Stocks and contracts in progress | 3 | €849,317 | €806,702 | -€42,615 | -5.0% |
| Stocks | 30/36 | €849,317 | €806,702 | -€42,615 | -5.0% |
| Amounts receivable within one year | 40/41 | €1,200,153 | €1,101,859 | -€98,294 | -8.2% |
| Trade receivables | 40 | €119,581 | €16,213 | -€103,368 | -86.4% |
| Other amounts receivable | 41 | €1,080,573 | €1,085,646 | +€5,073 | +0.5% |
| Cash at bank and in hand | 54/58 | €142,229 | €6,391 | -€135,839 | -95.5% |
| Deferred charges and accrued income | 490/1 | €12,227 | €287 | -€11,940 | -97.7% |
| Total equity and liabilities | 10/49 | €2,234,606 | €1,994,517 | -€240,089 | -10.7% |
| Equity | 10/15 | €1,264,063 | €1,352,127 | +€88,064 | +7.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Outside capital | 11 | €62,000 | €62,000 | = | 0.0% |
| Other | 1109/19 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,202,063 | €1,290,127 | +€88,064 | +7.3% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €1,195,863 | €1,283,927 | +€88,064 | +7.4% |
| Amounts payable | 17/49 | €970,543 | €642,390 | -€328,153 | -33.8% |
| Amounts payable after more than one year | 17 | €196,683 | €153,008 | -€43,676 | -22.2% |
| Financial debts | 170/4 | €196,683 | €153,008 | -€43,676 | -22.2% |
| Amounts payable within one year | 42/48 | €765,358 | €489,382 | -€275,976 | -36.1% |
| Current portion of amounts payable after more than one year | 42 | €45,874 | €37,756 | -€8,118 | -17.7% |
| Trade debts | 44 | €442,437 | €162,487 | -€279,950 | -63.3% |
| Suppliers | 440/4 | €442,437 | €162,487 | -€279,950 | -63.3% |
| Advances received on contracts in progress | 46 | - | €18,855 | +€18,855 | |
| Taxes, remuneration and social security | 45 | €76,910 | €87,058 | +€10,148 | +13.2% |
| Taxes | 450/3 | €48,538 | €48,382 | -€156 | -0.3% |
| Remuneration and social security | 454/9 | €28,372 | €38,676 | +€10,303 | +36.3% |
| Other amounts payable | 47/48 | €200,137 | €183,226 | -€16,911 | -8.4% |
| Accrued charges and deferred income | 492/3 | €8,501 | €0 | -€8,501 | -100.0% |
| Remuneration, social security and pensions | 62 | €217,943 | €207,593 | -€10,349 | -4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,224 | €10,901 | -€3,324 | -23.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €0 | = | |
| Other operating charges | 640/8 | €6,594 | €4,288 | -€2,306 | -35.0% |
| Gross operating margin | 9900 | €389,096 | €353,539 | -€35,558 | -9.1% |
| Operating profit (loss) | 9901 | €150,335 | €130,757 | -€19,578 | -13.0% |
| Financial income | 75/76B | €12,601 | €13,355 | +€755 | +6.0% |
| Recurring financial income | 75 | €12,601 | €13,355 | +€755 | +6.0% |
| Financial charges | 65/66B | €30,420 | €24,743 | -€5,676 | -18.7% |
| Recurring financial charges | 65 | €30,420 | €24,743 | -€5,676 | -18.7% |
| Profit (loss) for the period before taxes | 9903 | €132,516 | €119,369 | -€13,147 | -9.9% |
| Income taxes | 67/77 | €34,824 | €31,305 | -€3,519 | -10.1% |
| Profit (loss) for the period | 9904 | €97,692 | €88,064 | -€9,628 | -9.9% |
| Profit (loss) for the period to be appropriated | 9905 | €97,692 | €88,064 | -€9,628 | -9.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.