FAAB: what changed
Two fiscal 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.
FAAB
Largest movements
- Cash +€41,316
up €41,316 (+21.9%), from €188,458 to €229,773
mainly Net result for the year (+€81,658) and Receivables within one year (+€15,965)
- Receivables within one year -€15,965
down €15,965 (-64.7%), from €24,694 to €8,729
- Profit (loss) carried forward +€81,658
up €81,658 (+76.6%), from €106,609 to €188,267
- Trade debts -€34,753
down €34,753 (-77.3%), from €44,946 to €10,193
- Tax, wage and social debts -€22,796
down €22,796 (-39.6%), from €57,602 to €34,806
of which Taxes: -€23,138
- Gross operating margin -€48,964
down €48,964 (-29.8%), from €164,463 to €115,499
- Taxes -€3,126
down €3,126 (-9.1%), from €34,246 to €31,120
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.
Cash bridge derived
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 | €1,080,578 | €1,104,801 | +€24,223 | +2.2% |
| Fixed assets | 21/28 | €866,586 | €866,245 | -€341 | 0.0% |
| Intangible fixed assets | 21 | €1,526 | €626 | -€900 | -59.0% |
| Tangible fixed assets | 22/27 | €0 | €559 | +€559 | |
| Furniture and vehicles | 24 | €0 | €559 | +€559 | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €865,060 | €865,060 | = | 0.0% |
| Current assets | 29/58 | €213,992 | €238,556 | +€24,564 | +11.5% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €24,694 | €8,729 | -€15,965 | -64.7% |
| Trade receivables | 40 | €24,694 | €8,729 | -€15,965 | -64.7% |
| Cash at bank and in hand | 54/58 | €188,458 | €229,773 | +€41,316 | +21.9% |
| Deferred charges and accrued income | 490/1 | €840 | €53 | -€787 | -93.7% |
| Total equity and liabilities | 10/49 | €1,080,578 | €1,104,801 | +€24,223 | +2.2% |
| Equity | 10/15 | €112,809 | €194,467 | +€81,658 | +72.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €106,609 | €188,267 | +€81,658 | +76.6% |
| Amounts payable | 17/49 | €967,769 | €910,334 | -€57,435 | -5.9% |
| Amounts payable within one year | 42/48 | €967,769 | €910,334 | -€57,435 | -5.9% |
| Trade debts | 44 | €44,946 | €10,193 | -€34,753 | -77.3% |
| Suppliers | 440/4 | €44,946 | €10,193 | -€34,753 | -77.3% |
| Taxes, remuneration and social security | 45 | €57,602 | €34,806 | -€22,796 | -39.6% |
| Taxes | 450/3 | €56,388 | €33,250 | -€23,138 | -41.0% |
| Remuneration and social security | 454/9 | €1,214 | €1,557 | +€343 | +28.2% |
| Other amounts payable | 47/48 | €865,221 | €865,335 | +€114 | 0.0% |
| Remuneration, social security and pensions | 62 | €801 | €284 | -€517 | -64.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,067 | €1,035 | -€32 | -3.0% |
| Other operating charges | 640/8 | €753 | €1,270 | +€517 | +68.7% |
| Gross operating margin | 9900 | €164,463 | €115,499 | -€48,964 | -29.8% |
| Operating profit (loss) | 9901 | €161,842 | €112,909 | -€48,933 | -30.2% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €520 | €131 | -€388 | -74.7% |
| Recurring financial charges | 65 | €520 | €131 | -€388 | -74.7% |
| Profit (loss) for the period before taxes | 9903 | €161,323 | €112,777 | -€48,545 | -30.1% |
| Income taxes | 67/77 | €34,246 | €31,120 | -€3,126 | -9.1% |
| Profit (loss) for the period | 9904 | €127,077 | €81,658 | -€45,419 | -35.7% |
| Profit (loss) for the period to be appropriated | 9905 | €127,077 | €81,658 | -€45,419 | -35.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.