FA Groupe: what changed
FA Groupe
Largest movements
- Tangible fixed assets -€61,147
down €61,147 (-13.2%), from €463,908 to €402,761
of which Furniture and vehicles: -€46,961
- Cash -€52,698
down €52,698 (-66.0%), from €79,813 to €27,116
mainly Contributions, distributions and other (-€250,000) and Debts after one year (-€81,925)
- Profit (loss) carried forward -€129,747
down €129,747 (-30.1%), from €431,467 to €301,720
- Reserves +€82,000
new in 2025: €82,000
- Debts after one year -€81,925
down €81,925 (-36.3%), from €225,660 to €143,735
- Gross operating margin -€27,912
down €27,912 (-20.6%), from €135,523 to €107,612
- Other operating charges +€15,104
up €15,104 (+1,317%), from €1,147 to €16,251
- Depreciation -€10,246
down €10,246 (-29.4%), from €34,829 to €24,583
- Financial income -€8,780
down €8,780 (-4.3%), from €204,780 to €196,000
- Taxes +€6,004
up €6,004 (+28.6%), from €21,007 to €27,011
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €959,176 | €840,014 | -€119,162 | -12.4% |
| Fixed assets | 21/28 | €863,908 | €802,761 | -€61,147 | -7.1% |
| Tangible fixed assets | 22/27 | €463,908 | €402,761 | -€61,147 | -13.2% |
| Land and buildings | 22 | €390,531 | €377,278 | -€13,253 | -3.4% |
| Plant, machinery and equipment | 23 | €3,938 | €3,004 | -€933 | -23.7% |
| Furniture and vehicles | 24 | €69,439 | €22,478 | -€46,961 | -67.6% |
| Financial fixed assets | 28 | €400,000 | €400,000 | = | 0.0% |
| Current assets | 29/58 | €95,268 | €37,253 | -€58,015 | -60.9% |
| Amounts receivable within one year | 40/41 | €14,526 | €9,158 | -€5,367 | -36.9% |
| Trade receivables | 40 | €11,635 | €9,158 | -€2,476 | -21.3% |
| Other amounts receivable | 41 | €2,891 | - | -€2,891 | |
| Cash at bank and in hand | 54/58 | €79,813 | €27,116 | -€52,698 | -66.0% |
| Deferred charges and accrued income | 490/1 | €929 | €979 | +€50 | +5.3% |
| Total equity and liabilities | 10/49 | €959,176 | €840,014 | -€119,162 | -12.4% |
| Equity | 10/15 | €434,467 | €386,720 | -€47,747 | -11.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €82,000 | +€82,000 | |
| Distributable reserves | 133 | - | €82,000 | +€82,000 | |
| Profit (loss) carried forward | 14 | €431,467 | €301,720 | -€129,747 | -30.1% |
| Amounts payable | 17/49 | €524,709 | €453,294 | -€71,415 | -13.6% |
| Amounts payable after more than one year | 17 | €225,660 | €143,735 | -€81,925 | -36.3% |
| Financial debts | 170/4 | €225,660 | €143,735 | -€81,925 | -36.3% |
| Amounts payable within one year | 42/48 | €299,049 | €309,559 | +€10,510 | +3.5% |
| Current portion of amounts payable after more than one year | 42 | €78,503 | €81,925 | +€3,422 | +4.4% |
| Trade debts | 44 | €240 | €677 | +€437 | +182% |
| Suppliers | 440/4 | €240 | €677 | +€437 | +182% |
| Taxes, remuneration and social security | 45 | €7,010 | €12,078 | +€5,068 | +72.3% |
| Taxes | 450/3 | €7,010 | €12,078 | +€5,068 | +72.3% |
| Other amounts payable | 47/48 | €213,295 | €214,879 | +€1,584 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,829 | €24,583 | -€10,246 | -29.4% |
| Other operating charges | 640/8 | €1,147 | €16,251 | +€15,104 | +1,317% |
| Gross operating margin | 9900 | €135,523 | €107,612 | -€27,912 | -20.6% |
| Operating profit (loss) | 9901 | €99,548 | €66,779 | -€32,769 | -32.9% |
| Financial income | 75/76B | €204,780 | €196,000 | -€8,780 | -4.3% |
| Recurring financial income | 75 | €204,780 | €196,000 | -€8,780 | -4.3% |
| Financial charges | 65/66B | €33,227 | €33,515 | +€288 | +0.9% |
| Recurring financial charges | 65 | €33,227 | €33,515 | +€288 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | €271,101 | €229,264 | -€41,837 | -15.4% |
| Income taxes | 67/77 | €21,007 | €27,011 | +€6,004 | +28.6% |
| Profit (loss) for the period | 9904 | €250,093 | €202,253 | -€47,840 | -19.1% |
| Profit (loss) for the period to be appropriated | 9905 | €250,093 | €202,253 | -€47,840 | -19.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.