De Faktorij: 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.
De Faktorij
Largest movements
- Cash +€45,199
up €45,199 (+2,890%), from €1,564 to €46,763
mainly Net result for the year (+€132,679) and Receivables within one year (+€41,140)
- Receivables within one year -€41,140
down €41,140 (-100%), from €41,140 to €0
of which Trade receivables: -€41,140
- Reserves +€132,679
up €132,679 (+41.4%), from €320,481 to €453,160
of which Distributable reserves: +€126,045
- Current portion of long-term debt -€117,081
down €117,081 (-91.6%), from €127,825 to €10,744
- Gross operating margin +€11,543
up €11,543 (+6.5%), from €176,369 to €187,911
- Taxes +€3,254
up €3,254 (+7.9%), from €41,040 to €44,293
- Financial charges -€2,168
down €2,168 (-18.1%), from €11,989 to €9,821
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.
Derived cash bridge
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 | €1,366,099 | €1,370,158 | +€4,059 | +0.3% |
| Fixed assets | 21/28 | €1,323,395 | €1,323,395 | = | 0.0% |
| Financial fixed assets | 28 | €1,323,395 | €1,323,395 | = | 0.0% |
| Current assets | 29/58 | €42,704 | €46,763 | +€4,059 | +9.5% |
| Amounts receivable within one year | 40/41 | €41,140 | €0 | -€41,140 | -100% |
| Trade receivables | 40 | €41,140 | €0 | -€41,140 | -100% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €1,564 | €46,763 | +€45,199 | +2,890% |
| Total equity and liabilities | 10/49 | €1,366,099 | €1,370,158 | +€4,059 | +0.3% |
| Equity | 10/15 | €768,485 | €901,164 | +€132,679 | +17.3% |
| Contributions | 10/11 | €448,004 | €448,004 | = | 0.0% |
| Capital | 10 | €448,004 | €448,004 | = | 0.0% |
| Issued capital | 100 | €448,004 | €448,004 | = | 0.0% |
| Reserves | 13 | €320,481 | €453,160 | +€132,679 | +41.4% |
| Non-distributable reserves | 130/1 | €7,345 | €13,979 | +€6,634 | +90.3% |
| Legal reserve | 130 | €7,345 | €13,979 | +€6,634 | +90.3% |
| Distributable reserves | 133 | €313,136 | €439,181 | +€126,045 | +40.3% |
| Amounts payable | 17/49 | €597,614 | €468,994 | -€128,620 | -21.5% |
| Amounts payable after more than one year | 17 | €425,763 | €415,019 | -€10,744 | -2.5% |
| Financial debts | 170/4 | €425,763 | €415,019 | -€10,744 | -2.5% |
| Amounts payable within one year | 42/48 | €163,560 | €45,676 | -€117,884 | -72.1% |
| Current portion of amounts payable after more than one year | 42 | €127,825 | €10,744 | -€117,081 | -91.6% |
| Trade debts | 44 | €20,131 | €27,704 | +€7,574 | +37.6% |
| Suppliers | 440/4 | €20,131 | €27,704 | +€7,574 | +37.6% |
| Taxes, remuneration and social security | 45 | €15,603 | €7,227 | -€8,376 | -53.7% |
| Taxes | 450/3 | €15,603 | €7,227 | -€8,376 | -53.7% |
| Accrued charges and deferred income | 492/3 | €8,291 | €8,299 | +€8 | +0.1% |
| Other operating charges | 640/8 | €1,153 | €1,118 | -€34 | -3.0% |
| Gross operating margin | 9900 | €176,369 | €187,911 | +€11,543 | +6.5% |
| Operating profit (loss) | 9901 | €175,216 | €186,793 | +€11,577 | +6.6% |
| Financial income | 75/76B | €387 | €0 | -€387 | -100% |
| Recurring financial income | 75 | €387 | €0 | -€387 | -100% |
| Financial charges | 65/66B | €11,989 | €9,821 | -€2,168 | -18.1% |
| Recurring financial charges | 65 | €11,989 | €9,821 | -€2,168 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | €163,613 | €176,972 | +€13,359 | +8.2% |
| Income taxes | 67/77 | €41,040 | €44,293 | +€3,254 | +7.9% |
| Profit (loss) for the period | 9904 | €122,574 | €132,679 | +€10,105 | +8.2% |
| Profit (loss) for the period to be appropriated | 9905 | €122,574 | €132,679 | +€10,105 | +8.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.