Faam: 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.
Faam
Largest movements
- Receivables within one year -€19,381
down €19,381 (-68.0%), from €28,503 to €9,123
of which Other amounts receivable: -€22,325
- Tangible fixed assets -€13,673
down €13,673 (-16.4%), from €83,494 to €69,821
of which Furniture and vehicles: -€18,182
- Cash -€10,842
down €10,842 (-95.8%), from €11,323 to €481
mainly Net result for the year (-€75,291) and Debts after one year (-€12,932)
- Financial fixed assets +€2,550
new in 2025: €2,550
- Profit (loss) carried forward -€75,291
down €75,291 (-124%), from -€60,905 to -€136,195
- Other debts +€38,617
up €38,617 (+31.6%), from €122,044 to €160,660
- Debts after one year -€12,932
down €12,932 (-20.1%), from €64,344 to €51,412
- Current portion of long-term debt +€8,719
up €8,719 (+207%), from €4,213 to €12,932
- Depreciation +€9,243
up €9,243 (+82.0%), from €11,266 to €20,509
- Financial charges +€2,324
up €2,324 (+633%), from €367 to €2,692
- Other operating charges +€1,446
up €1,446 (+373%), from €387 to €1,833
- Gross operating margin -€872
down €872 (-1.8%), from -€49,318 to -€50,191
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 | €140,138 | €100,707 | -€39,431 | -28.1% |
| Fixed assets | 21/28 | €83,494 | €73,422 | -€10,072 | -12.1% |
| Intangible fixed assets | 21 | - | €1,052 | +€1,052 | |
| Tangible fixed assets | 22/27 | €83,494 | €69,821 | -€13,673 | -16.4% |
| Plant, machinery and equipment | 23 | €4,600 | €3,561 | -€1,039 | -22.6% |
| Furniture and vehicles | 24 | €78,894 | €60,712 | -€18,182 | -23.0% |
| Other tangible fixed assets | 26 | - | €5,548 | +€5,548 | |
| Financial fixed assets | 28 | - | €2,550 | +€2,550 | |
| Current assets | 29/58 | €56,644 | €27,284 | -€29,360 | -51.8% |
| Stocks and contracts in progress | 3 | €16,291 | €16,153 | -€138 | -0.8% |
| Stocks | 30/36 | €16,291 | €16,153 | -€138 | -0.8% |
| Amounts receivable within one year | 40/41 | €28,503 | €9,123 | -€19,381 | -68.0% |
| Trade receivables | 40 | €1,008 | €3,952 | +€2,945 | +292% |
| Other amounts receivable | 41 | €27,496 | €5,170 | -€22,325 | -81.2% |
| Cash at bank and in hand | 54/58 | €11,323 | €481 | -€10,842 | -95.8% |
| Deferred charges and accrued income | 490/1 | €527 | €1,527 | +€1,001 | +190% |
| Total equity and liabilities | 10/49 | €140,138 | €100,707 | -€39,431 | -28.1% |
| Equity | 10/15 | -€57,905 | -€133,195 | -€75,291 | -130% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€60,905 | -€136,195 | -€75,291 | -124% |
| Amounts payable | 17/49 | €198,043 | €233,902 | +€35,859 | +18.1% |
| Amounts payable after more than one year | 17 | €64,344 | €51,412 | -€12,932 | -20.1% |
| Financial debts | 170/4 | €64,344 | €51,412 | -€12,932 | -20.1% |
| Amounts payable within one year | 42/48 | €133,699 | €182,490 | +€48,791 | +36.5% |
| Current portion of amounts payable after more than one year | 42 | €4,213 | €12,932 | +€8,719 | +207% |
| Financial debts | 43 | - | €114 | +€114 | |
| Credit institutions | 430/8 | - | €114 | +€114 | |
| Trade debts | 44 | €6,085 | €6,554 | +€469 | +7.7% |
| Suppliers | 440/4 | €6,085 | €6,554 | +€469 | +7.7% |
| Advances received on contracts in progress | 46 | €950 | €1,249 | +€299 | +31.5% |
| Taxes, remuneration and social security | 45 | €408 | €981 | +€574 | +141% |
| Taxes | 450/3 | €408 | €981 | +€574 | +141% |
| Other amounts payable | 47/48 | €122,044 | €160,660 | +€38,617 | +31.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,266 | €20,509 | +€9,243 | +82.0% |
| Other operating charges | 640/8 | €387 | €1,833 | +€1,446 | +373% |
| Gross operating margin | 9900 | -€49,318 | -€50,191 | -€872 | -1.8% |
| Operating profit (loss) | 9901 | -€60,972 | -€72,533 | -€11,561 | -19.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €367 | €2,692 | +€2,324 | +633% |
| Recurring financial charges | 65 | €367 | €2,692 | +€2,324 | +633% |
| Profit (loss) for the period before taxes | 9903 | -€61,339 | -€75,225 | -€13,886 | -22.6% |
| Income taxes | 67/77 | €100 | €66 | -€34 | -34.0% |
| Profit (loss) for the period | 9904 | -€61,438 | -€75,291 | -€13,852 | -22.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€61,438 | -€75,291 | -€13,852 | -22.5% |
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 26 October 2026 via checked.be.