F.A.C. LABEL: 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.
F.A.C. LABEL
Largest movements
- Receivables after one year -€75,000
down €75,000 (-60.0%), from €125,000 to €50,000
- Cash +€45,776
up €45,776 (+168%), from €27,221 to €72,996
mainly Debts after one year (+€86,972) and Receivables after one year (+€75,000)
- Stocks and contracts +€31,681
up €31,681 (+10.3%), from €307,953 to €339,634
- Receivables within one year +€11,067
up €11,067 (+27.8%), from €39,739 to €50,806
- Deferred charges and accrued income -€9,775
no longer reported in 2025 (was €9,775)
- Debts after one year +€86,972
new in 2025: €86,972
- Tax, wage and social debts -€71,535
down €71,535 (-62.9%), from €113,752 to €42,217
of which Remuneration and social security: -€49,275
- Trade debts -€24,486
down €24,486 (-18.9%), from €129,622 to €105,135
- Current portion of long-term debt +€10,614
new in 2025: €10,614
- Staff costs -€228,324
down €228,324 (-54.8%), from €416,371 to €188,047
- Gross operating margin -€221,562
down €221,562 (-52.8%), from €419,254 to €197,692
- Turnover -€120,715
down €120,715 (-9.9%), from €1.2m to €1.1m
- Purchases and services +€110,377
up €110,377 (+13.7%), from €804,373 to €914,750
- Write-downs -€24,297
down €24,297, from €15,640 to -€8,658
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 | €520,213 | €522,305 | +€2,092 | +0.4% |
| Fixed assets | 21/28 | €10,525 | €8,869 | -€1,657 | -15.7% |
| Tangible fixed assets | 22/27 | €9,280 | €7,623 | -€1,657 | -17.9% |
| Plant, machinery and equipment | 23 | €2,761 | €2,205 | -€557 | -20.2% |
| Furniture and vehicles | 24 | €5,350 | €4,504 | -€846 | -15.8% |
| Other tangible fixed assets | 26 | €1,168 | €914 | -€254 | -21.8% |
| Financial fixed assets | 28 | €1,246 | €1,246 | = | 0.0% |
| Current assets | 29/58 | €509,688 | €513,436 | +€3,749 | +0.7% |
| Amounts receivable after more than one year | 29 | €125,000 | €50,000 | -€75,000 | -60.0% |
| Other amounts receivable | 291 | €125,000 | €50,000 | -€75,000 | -60.0% |
| Stocks and contracts in progress | 3 | €307,953 | €339,634 | +€31,681 | +10.3% |
| Stocks | 30/36 | €307,953 | €339,634 | +€31,681 | +10.3% |
| Amounts receivable within one year | 40/41 | €39,739 | €50,806 | +€11,067 | +27.8% |
| Other amounts receivable | 41 | €39,739 | €50,806 | +€11,067 | +27.8% |
| Cash at bank and in hand | 54/58 | €27,221 | €72,996 | +€45,776 | +168% |
| Deferred charges and accrued income | 490/1 | €9,775 | - | -€9,775 | |
| Total equity and liabilities | 10/49 | €520,213 | €522,305 | +€2,092 | +0.4% |
| Equity | 10/15 | €201,651 | €204,597 | +€2,946 | +1.5% |
| Contributions | 10/11 | €149,000 | €149,000 | = | 0.0% |
| Capital | 10 | €149,000 | €149,000 | = | 0.0% |
| Issued capital | 100 | €149,000 | €149,000 | = | 0.0% |
| Reserves | 13 | €3,338 | €3,338 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,338 | €3,338 | = | 0.0% |
| Legal reserve | 130 | €3,338 | €3,338 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,313 | €52,259 | +€2,946 | +6.0% |
| Amounts payable | 17/49 | €318,562 | €317,708 | -€854 | -0.3% |
| Amounts payable after more than one year | 17 | - | €86,972 | +€86,972 | |
| Financial debts | 170/4 | - | €86,972 | +€86,972 | |
| Amounts payable within one year | 42/48 | €318,562 | €230,736 | -€87,826 | -27.6% |
| Current portion of amounts payable after more than one year | 42 | - | €10,614 | +€10,614 | |
| Trade debts | 44 | €129,622 | €105,135 | -€24,486 | -18.9% |
| Suppliers | 440/4 | €129,622 | €105,135 | -€24,486 | -18.9% |
| Taxes, remuneration and social security | 45 | €113,752 | €42,217 | -€71,535 | -62.9% |
| Taxes | 450/3 | €58,872 | €36,613 | -€22,259 | -37.8% |
| Remuneration and social security | 454/9 | €54,880 | €5,604 | -€49,275 | -89.8% |
| Other amounts payable | 47/48 | €75,188 | €72,769 | -€2,419 | -3.2% |
| Turnover | 70 | €1,221,378 | €1,100,663 | -€120,715 | -9.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €804,373 | €914,750 | +€110,377 | +13.7% |
| Remuneration, social security and pensions | 62 | €416,371 | €188,047 | -€228,324 | -54.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,046 | €3,086 | +€1,040 | +50.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €15,640 | -€8,658 | -€24,297 | |
| Other operating charges | 640/8 | €835 | - | -€835 | |
| Gross operating margin | 9900 | €419,254 | €197,692 | -€221,562 | -52.8% |
| Operating profit (loss) | 9901 | -€15,638 | €15,217 | +€30,854 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -27.8% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -27.8% |
| Financial charges | 65/66B | €12,014 | €12,270 | +€256 | +2.1% |
| Recurring financial charges | 65 | €12,014 | €12,270 | +€256 | +2.1% |
| Profit (loss) for the period before taxes | 9903 | -€27,651 | €2,946 | +€30,598 | |
| Profit (loss) for the period | 9904 | -€27,651 | €2,946 | +€30,598 | |
| Profit (loss) for the period to be appropriated | 9905 | -€27,651 | €2,946 | +€30,598 |
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 27 October 2026 via checked.be.