F.A.W. Solutions: 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.W. Solutions
Largest movements
- Stocks and contracts -€71,463
down €71,463 (-45.3%), from €157,886 to €86,423
- Tangible fixed assets -€10,939
down €10,939 (-4.3%), from €255,645 to €244,706
of which Land and buildings: -€7,152
- Cash -€5,227
down €5,227 (-13.3%), from €39,403 to €34,176
mainly Debts after one year (-€68,697) and Net result for the year (-€24,732)
- Debts after one year -€68,697
down €68,697 (-29.6%), from €231,697 to €163,000
- Profit (loss) carried forward -€24,732
down €24,732 (-60.5%), from -€40,903 to -€65,634
- Tax, wage and social debts -€5,450
down €5,450 (-32.2%), from €16,949 to €11,499
of which Taxes: -€7,147
- Gross operating margin +€9,523
up €9,523, from -€9,023 to €500
- Financial charges -€6,862
down €6,862 (-37.7%), from €18,200 to €11,338
- Depreciation -€4,408
down €4,408 (-28.7%), from €15,346 to €10,939
- Other operating charges -€223
down €223 (-6.7%), from €3,342 to €3,119
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 | €467,079 | €373,333 | -€93,746 | -20.1% |
| Fixed assets | 21/28 | €255,924 | €244,785 | -€11,139 | -4.4% |
| Tangible fixed assets | 22/27 | €255,645 | €244,706 | -€10,939 | -4.3% |
| Land and buildings | 22 | €242,784 | €235,632 | -€7,152 | -2.9% |
| Plant, machinery and equipment | 23 | €12,861 | €9,074 | -€3,787 | -29.4% |
| Financial fixed assets | 28 | €279 | €79 | -€200 | -71.8% |
| Current assets | 29/58 | €211,155 | €128,548 | -€82,607 | -39.1% |
| Stocks and contracts in progress | 3 | €157,886 | €86,423 | -€71,463 | -45.3% |
| Stocks | 30/36 | €157,886 | €86,423 | -€71,463 | -45.3% |
| Amounts receivable within one year | 40/41 | €6,136 | €2,836 | -€3,300 | -53.8% |
| Trade receivables | 40 | €6,136 | €2,836 | -€3,300 | -53.8% |
| Current investments | 50/53 | €5,113 | €5,113 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €39,403 | €34,176 | -€5,227 | -13.3% |
| Deferred charges and accrued income | 490/1 | €2,616 | - | -€2,616 | |
| Total equity and liabilities | 10/49 | €467,079 | €373,333 | -€93,746 | -20.1% |
| Equity | 10/15 | €59,351 | €34,620 | -€24,732 | -41.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €254 | €254 | = | 0.0% |
| Distributable reserves | 133 | €254 | €254 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,903 | -€65,634 | -€24,732 | -60.5% |
| Amounts payable | 17/49 | €407,728 | €338,713 | -€69,015 | -16.9% |
| Amounts payable after more than one year | 17 | €231,697 | €163,000 | -€68,697 | -29.6% |
| Financial debts | 170/4 | €231,697 | €163,000 | -€68,697 | -29.6% |
| Amounts payable within one year | 42/48 | €175,323 | €174,713 | -€610 | -0.3% |
| Trade debts | 44 | €8,110 | €12,047 | +€3,937 | +48.5% |
| Suppliers | 440/4 | €8,110 | €12,047 | +€3,937 | +48.5% |
| Taxes, remuneration and social security | 45 | €16,949 | €11,499 | -€5,450 | -32.2% |
| Taxes | 450/3 | €16,949 | €9,802 | -€7,147 | -42.2% |
| Remuneration and social security | 454/9 | - | €1,697 | +€1,697 | |
| Other amounts payable | 47/48 | €150,264 | €151,167 | +€903 | +0.6% |
| Accrued charges and deferred income | 492/3 | €708 | €1,000 | +€292 | +41.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,346 | €10,939 | -€4,408 | -28.7% |
| Other operating charges | 640/8 | €3,342 | €3,119 | -€223 | -6.7% |
| Gross operating margin | 9900 | -€9,023 | €500 | +€9,523 | |
| Operating profit (loss) | 9901 | -€27,711 | -€13,557 | +€14,154 | +51.1% |
| Financial income | 75/76B | €180 | €164 | -€16 | -9.1% |
| Recurring financial income | 75 | €180 | €164 | -€16 | -9.1% |
| Financial charges | 65/66B | €18,200 | €11,338 | -€6,862 | -37.7% |
| Recurring financial charges | 65 | €18,200 | €11,338 | -€6,862 | -37.7% |
| Profit (loss) for the period before taxes | 9903 | -€45,731 | -€24,732 | +€21,000 | +45.9% |
| Profit (loss) for the period | 9904 | -€45,731 | -€24,732 | +€21,000 | +45.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€45,731 | -€24,732 | +€21,000 | +45.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.