Face2Face: 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.
Face2Face
Largest movements
- Cash +€65,767
up €65,767 (+114257.9%), from €58 to €65,824
mainly Debts after one year (+€59,618) and Receivables within one year (+€19,312)
- Receivables within one year -€19,312
down €19,312 (-98.5%), from €19,598 to €286
- Tangible fixed assets -€8,233
down €8,233 (-12.3%), from €67,182 to €58,949
of which Other tangible fixed assets: -€12,726
- Deferred charges and accrued income +€6,155
up €6,155 (+36.6%), from €16,815 to €22,970
- Debts after one year +€59,618
new in 2025: €59,618
- Reserves +€33,033
new in 2025: €33,033
of which Distributable reserves: +€32,533
- Other debts -€30,090
down €30,090 (-58.7%), from €51,237 to €21,147
- Profit (loss) carried forward -€28,024
no longer reported in 2025 (was €28,024)
- Current portion of long-term debt +€14,974
new in 2025: €14,974
- Gross operating margin -€22,251
down €22,251 (-45.4%), from €48,970 to €26,720
- Taxes -€6,244
down €6,244 (-76.1%), from €8,201 to €1,957
- Financial charges +€1,002
up €1,002 (+70.6%), from €1,420 to €2,422
- Depreciation +€950
up €950 (+6.3%), from €15,025 to €15,975
- Other operating charges +€505
up €505 (+58.7%), from €859 to €1,364
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 | €103,721 | €148,030 | +€44,309 | +42.7% |
| Fixed assets | 21/28 | €67,250 | €58,949 | -€8,301 | -12.3% |
| Intangible fixed assets | 21 | €68 | - | -€68 | |
| Tangible fixed assets | 22/27 | €67,182 | €58,949 | -€8,233 | -12.3% |
| Plant, machinery and equipment | 23 | €4,549 | €10,159 | +€5,610 | +123.3% |
| Furniture and vehicles | 24 | €1,256 | €138 | -€1,117 | -89.0% |
| Other tangible fixed assets | 26 | €61,378 | €48,652 | -€12,726 | -20.7% |
| Current assets | 29/58 | €36,470 | €89,081 | +€52,610 | +144.3% |
| Amounts receivable within one year | 40/41 | €19,598 | €286 | -€19,312 | -98.5% |
| Trade receivables | 40 | €19,598 | €286 | -€19,312 | -98.5% |
| Cash at bank and in hand | 54/58 | €58 | €65,824 | +€65,767 | +114257.9% |
| Deferred charges and accrued income | 490/1 | €16,815 | €22,970 | +€6,155 | +36.6% |
| Total equity and liabilities | 10/49 | €103,721 | €148,030 | +€44,309 | +42.7% |
| Equity | 10/15 | €33,024 | €38,033 | +€5,009 | +15.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €33,033 | +€33,033 | |
| Non-distributable reserves | 130/1 | - | €500 | +€500 | |
| Reserves not available under the articles | 1311 | - | €500 | +€500 | |
| Distributable reserves | 133 | - | €32,533 | +€32,533 | |
| Profit (loss) carried forward | 14 | €28,024 | - | -€28,024 | |
| Amounts payable | 17/49 | €70,697 | €109,997 | +€39,300 | +55.6% |
| Amounts payable after more than one year | 17 | - | €59,618 | +€59,618 | |
| Financial debts | 170/4 | - | €59,618 | +€59,618 | |
| Amounts payable within one year | 42/48 | €70,697 | €50,379 | -€20,318 | -28.7% |
| Current portion of amounts payable after more than one year | 42 | - | €14,974 | +€14,974 | |
| Trade debts | 44 | €6,150 | €10,697 | +€4,547 | +73.9% |
| Suppliers | 440/4 | €6,150 | €10,697 | +€4,547 | +73.9% |
| Taxes, remuneration and social security | 45 | €13,309 | €3,561 | -€9,749 | -73.2% |
| Taxes | 450/3 | €13,309 | €3,561 | -€9,749 | -73.2% |
| Other amounts payable | 47/48 | €51,237 | €21,147 | -€30,090 | -58.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,025 | €15,975 | +€950 | +6.3% |
| Other operating charges | 640/8 | €859 | €1,364 | +€505 | +58.7% |
| Gross operating margin | 9900 | €48,970 | €26,720 | -€22,251 | -45.4% |
| Operating profit (loss) | 9901 | €33,086 | €9,380 | -€23,705 | -71.6% |
| Financial income | 75/76B | €4 | €8 | +€3 | +80.0% |
| Recurring financial income | 75 | €4 | €8 | +€3 | +80.0% |
| Financial charges | 65/66B | €1,420 | €2,422 | +€1,002 | +70.6% |
| Recurring financial charges | 65 | €1,420 | €2,422 | +€1,002 | +70.6% |
| Profit (loss) for the period before taxes | 9903 | €31,670 | €6,966 | -€24,704 | -78.0% |
| Income taxes | 67/77 | €8,201 | €1,957 | -€6,244 | -76.1% |
| Profit (loss) for the period | 9904 | €23,469 | €5,009 | -€18,460 | -78.7% |
| Profit (loss) for the period to be appropriated | 9905 | €23,469 | €5,009 | -€18,460 | -78.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.