F.A.C.Y. SA: 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.Y. SA
Largest movements
- Tangible fixed assets -€102,919
down €102,919 (-16.4%), from €627,697 to €524,778
of which Land and buildings: -€95,988
- Cash -€30,187
down €30,187 (-96.6%), from €31,253 to €1,065
mainly Current portion of long-term debt (-€455,817) and Short-term financial debts (-€19,628)
- Receivables within one year +€14,349
up €14,349 (+421%), from €3,406 to €17,755
of which Trade receivables: +€15,912
- Stocks and contracts -€7,255
down €7,255 (-100%), from €7,255 to €0
- Current portion of long-term debt -€455,817
no longer reported in 2025 (was €455,817)
- Profit (loss) carried forward +€302,251
up €302,251 (+69.0%), from -€438,060 to -€135,809
- Other debts +€45,887
up €45,887 (+52.0%), from €88,286 to €134,172
- Short-term financial debts -€19,628
down €19,628 (-98.1%), from €20,000 to €372
- Trade debts +€10,941
up €10,941 (+196%), from €5,590 to €16,531
- Gross operating margin +€458,110
up €458,110, from -€40,596 to €417,515
- Depreciation +€41,445
up €41,445 (+152%), from €27,355 to €68,800
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 | €672,202 | €544,496 | -€127,707 | -19.0% |
| Fixed assets | 21/28 | €627,846 | €524,927 | -€102,919 | -16.4% |
| Tangible fixed assets | 22/27 | €627,697 | €524,778 | -€102,919 | -16.4% |
| Land and buildings | 22 | €605,872 | €509,884 | -€95,988 | -15.8% |
| Furniture and vehicles | 24 | €21,825 | €14,894 | -€6,931 | -31.8% |
| Financial fixed assets | 28 | €149 | €149 | = | 0.0% |
| Current assets | 29/58 | €44,356 | €19,569 | -€24,787 | -55.9% |
| Stocks and contracts in progress | 3 | €7,255 | €0 | -€7,255 | -100% |
| Stocks | 30/36 | €7,255 | €0 | -€7,255 | -100% |
| Amounts receivable within one year | 40/41 | €3,406 | €17,755 | +€14,349 | +421% |
| Trade receivables | 40 | €1,814 | €17,726 | +€15,912 | +877% |
| Other amounts receivable | 41 | €1,592 | €29 | -€1,563 | -98.2% |
| Cash at bank and in hand | 54/58 | €31,253 | €1,065 | -€30,187 | -96.6% |
| Deferred charges and accrued income | 490/1 | €2,443 | €749 | -€1,694 | -69.4% |
| Total equity and liabilities | 10/49 | €672,202 | €544,496 | -€127,707 | -19.0% |
| Equity | 10/15 | €25,855 | €321,744 | +€295,890 | +1,144% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €313,915 | €307,554 | -€6,361 | -2.0% |
| Non-distributable reserves | 130/1 | €11,542 | €11,542 | = | 0.0% |
| Legal reserve | 130 | €11,542 | €11,542 | = | 0.0% |
| Tax-exempt reserves | 132 | €213,172 | €206,811 | -€6,361 | -3.0% |
| Distributable reserves | 133 | €89,200 | €89,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€438,060 | -€135,809 | +€302,251 | +69.0% |
| Provisions and deferred taxes | 16 | €68,701 | €66,581 | -€2,120 | -3.1% |
| Provisions for liabilities and charges | 160/5 | €68,701 | €66,581 | -€2,120 | -3.1% |
| Other liabilities and charges | 164/5 | €68,701 | €66,581 | -€2,120 | -3.1% |
| Amounts payable | 17/49 | €577,646 | €156,170 | -€421,476 | -73.0% |
| Amounts payable within one year | 42/48 | €576,281 | €156,093 | -€420,188 | -72.9% |
| Current portion of amounts payable after more than one year | 42 | €455,817 | - | -€455,817 | |
| Financial debts | 43 | €20,000 | €372 | -€19,628 | -98.1% |
| Credit institutions | 430/8 | €20,000 | €372 | -€19,628 | -98.1% |
| Trade debts | 44 | €5,590 | €16,531 | +€10,941 | +196% |
| Suppliers | 440/4 | €5,590 | €16,531 | +€10,941 | +196% |
| Taxes, remuneration and social security | 45 | €6,588 | €5,018 | -€1,570 | -23.8% |
| Taxes | 450/3 | €223 | €242 | +€18 | +8.2% |
| Remuneration and social security | 454/9 | €6,365 | €4,776 | -€1,589 | -25.0% |
| Other amounts payable | 47/48 | €88,286 | €134,172 | +€45,887 | +52.0% |
| Accrued charges and deferred income | 492/3 | €1,365 | €77 | -€1,288 | -94.3% |
| Remuneration, social security and pensions | 62 | €19,277 | €19,831 | +€555 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,355 | €68,800 | +€41,445 | +152% |
| Other operating charges | 640/8 | €4,571 | €4,954 | +€383 | +8.4% |
| Non-recurring operating charges | 66A | - | €7,255 | +€7,255 | |
| Gross operating margin | 9900 | -€40,596 | €417,515 | +€458,110 | |
| Operating profit (loss) | 9901 | -€91,799 | €316,674 | +€408,473 | |
| Financial income | 75/76B | €228 | €111 | -€117 | -51.3% |
| Recurring financial income | 75 | €228 | €111 | -€117 | -51.3% |
| Financial charges | 65/66B | €20,560 | €22,876 | +€2,316 | +11.3% |
| Recurring financial charges | 65 | €20,560 | €22,876 | +€2,316 | +11.3% |
| Profit (loss) for the period before taxes | 9903 | -€112,131 | €293,909 | +€406,040 | |
| Transfer from deferred taxes | 780 | €2,120 | €2,120 | = | 0.0% |
| Income taxes | 67/77 | €136 | €140 | +€4 | +2.7% |
| Profit (loss) for the period | 9904 | -€110,147 | €295,890 | +€406,036 | |
| Transfer from tax-exempt reserves | 789 | €6,361 | €6,361 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€103,786 | €302,251 | +€406,036 |
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 22 October 2026 via checked.be.