FA-Béton: 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.
FA-Béton
Largest movements
- Stocks and contracts +€137,971
up €137,971 (+77.2%), from €178,681 to €316,652
- Cash -€118,880
down €118,880 (-84.7%), from €140,304 to €21,424
mainly Trade debts (-€194,201) and Stocks and contracts (-€137,971)
- Financial fixed assets +€77,003
new in 2025: €77,003
- Tangible fixed assets +€10,843
up €10,843 (+163%), from €6,667 to €17,510
of which Furniture and vehicles: +€12,438
- Receivables within one year -€7,324
down €7,324 (-3.5%), from €208,933 to €201,609
of which Trade receivables: -€7,324
- Trade debts -€194,201
down €194,201 (-76.9%), from €252,531 to €58,330
- Short-term financial debts +€123,313
up €123,313 (+72.8%), from €169,409 to €292,722
- Debts after one year +€81,065
up €81,065, from €0 to €81,065
- Profit (loss) carried forward +€46,211
up €46,211 (+96.9%), from €47,705 to €93,916
- Tax, wage and social debts +€31,135
up €31,135 (+78.6%), from €39,593 to €70,728
of which Remuneration and social security: +€41,117
- Gross operating margin +€120,133
up €120,133 (+206%), from €58,310 to €178,444
- Staff costs +€91,151
new in 2025: €91,151
- Taxes +€16,024
up €16,024 (+191%), from €8,384 to €24,408
- Financial charges -€2,157
down €2,157 (-14.3%), from €15,120 to €12,963
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 | €534,585 | €638,148 | +€103,563 | +19.4% |
| Fixed assets | 21/28 | €6,667 | €94,514 | +€87,847 | +1,318% |
| Tangible fixed assets | 22/27 | €6,667 | €17,510 | +€10,843 | +163% |
| Plant, machinery and equipment | 23 | - | €1,738 | +€1,738 | |
| Furniture and vehicles | 24 | - | €12,438 | +€12,438 | |
| Leasing and similar rights | 25 | €6,667 | €3,334 | -€3,333 | -50.0% |
| Financial fixed assets | 28 | - | €77,003 | +€77,003 | |
| Current assets | 29/58 | €527,918 | €543,635 | +€15,717 | +3.0% |
| Stocks and contracts in progress | 3 | €178,681 | €316,652 | +€137,971 | +77.2% |
| Stocks | 30/36 | €178,681 | €316,652 | +€137,971 | +77.2% |
| Amounts receivable within one year | 40/41 | €208,933 | €201,609 | -€7,324 | -3.5% |
| Trade receivables | 40 | €208,933 | €201,609 | -€7,324 | -3.5% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €140,304 | €21,424 | -€118,880 | -84.7% |
| Deferred charges and accrued income | 490/1 | - | €3,949 | +€3,949 | |
| Total equity and liabilities | 10/49 | €534,585 | €638,148 | +€103,563 | +19.4% |
| Equity | 10/15 | €72,705 | €118,916 | +€46,211 | +63.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,705 | €93,916 | +€46,211 | +96.9% |
| Amounts payable | 17/49 | €461,880 | €519,232 | +€57,352 | +12.4% |
| Amounts payable after more than one year | 17 | €0 | €81,065 | +€81,065 | |
| Financial debts | 170/4 | €0 | €81,065 | +€81,065 | |
| Amounts payable within one year | 42/48 | €461,880 | €438,167 | -€23,713 | -5.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | €14,029 | +€14,029 | |
| Financial debts | 43 | €169,409 | €292,722 | +€123,313 | +72.8% |
| Credit institutions | 430/8 | €169,409 | €292,722 | +€123,313 | +72.8% |
| Trade debts | 44 | €252,531 | €58,330 | -€194,201 | -76.9% |
| Suppliers | 440/4 | €252,531 | €58,330 | -€194,201 | -76.9% |
| Taxes, remuneration and social security | 45 | €39,593 | €70,728 | +€31,135 | +78.6% |
| Taxes | 450/3 | €39,593 | €29,611 | -€9,982 | -25.2% |
| Remuneration and social security | 454/9 | - | €41,117 | +€41,117 | |
| Other amounts payable | 47/48 | €347 | €2,358 | +€2,011 | +579% |
| Remuneration, social security and pensions | 62 | - | €91,151 | +€91,151 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,333 | €3,711 | +€378 | +11.3% |
| Other operating charges | 640/8 | €772 | - | -€772 | |
| Non-recurring operating charges | 66A | - | -€0 | -€0 | |
| Gross operating margin | 9900 | €58,310 | €178,444 | +€120,133 | +206% |
| Operating profit (loss) | 9901 | €54,206 | €83,582 | +€29,377 | +54.2% |
| Financial income | 75/76B | €85 | €0 | -€85 | -100.0% |
| Recurring financial income | 75 | €85 | €0 | -€85 | -100.0% |
| Financial charges | 65/66B | €15,120 | €12,963 | -€2,157 | -14.3% |
| Recurring financial charges | 65 | €15,120 | €12,963 | -€2,157 | -14.3% |
| Profit (loss) for the period before taxes | 9903 | €39,171 | €70,619 | +€31,449 | +80.3% |
| Income taxes | 67/77 | €8,384 | €24,408 | +€16,024 | +191% |
| Profit (loss) for the period | 9904 | €30,787 | €46,211 | +€15,424 | +50.1% |
| Profit (loss) for the period to be appropriated | 9905 | €30,787 | €46,211 | +€15,424 | +50.1% |
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 20 October 2026 via checked.be.