Faceland: 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.
Faceland
Largest movements
- Tangible fixed assets +€60,001
up €60,001 (+94.0%), from €63,845 to €123,847
of which Land and buildings: +€42,635
- Stocks and contracts +€33,947
up €33,947 (+47.7%), from €71,137 to €105,084
- Current investments -€12,712
down €12,712 (-87.7%), from €14,500 to €1,789
- Deferred charges and accrued income +€7,105
up €7,105 (+522%), from €1,360 to €8,465
- Receivables within one year +€6,157
up €6,157 (+31.1%), from €19,818 to €25,975
of which Other amounts receivable: +€12,687
- Trade debts +€109,582
up €109,582 (+56.1%), from €195,243 to €304,825
- Profit (loss) carried forward -€44,874
down €44,874 (-59.1%), from €75,973 to €31,100
- Tax, wage and social debts +€21,628
up €21,628 (+27.8%), from €77,698 to €99,326
of which Remuneration and social security: +€11,612
- Other debts +€11,061
up €11,061 (+428%), from €2,585 to €13,646
- Gross operating margin -€63,806
down €63,806 (-27.2%), from €234,598 to €170,791
- Staff costs +€62,941
up €62,941 (+52.7%), from €119,536 to €182,477
- Taxes -€26,281
down €26,281, from €23,841 to -€2,440
- Other operating charges +€11,781
up €11,781 (+328%), from €3,595 to €15,375
- Depreciation +€2,369
up €2,369 (+17.8%), from €13,271 to €15,640
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €401,499 | €498,897 | +€97,398 | +24.3% |
| Fixed assets | 21/28 | €79,915 | €139,917 | +€60,001 | +75.1% |
| Tangible fixed assets | 22/27 | €63,845 | €123,847 | +€60,001 | +94.0% |
| Land and buildings | 22 | - | €42,635 | +€42,635 | |
| Plant, machinery and equipment | 23 | €1,741 | €512 | -€1,229 | -70.6% |
| Furniture and vehicles | 24 | €23,349 | €26,765 | +€3,415 | +14.6% |
| Other tangible fixed assets | 26 | €33,255 | €53,935 | +€20,680 | +62.2% |
| Assets under construction and advance payments | 27 | €5,500 | - | -€5,500 | |
| Financial fixed assets | 28 | €16,070 | €16,070 | = | 0.0% |
| Current assets | 29/58 | €321,584 | €358,980 | +€37,397 | +11.6% |
| Amounts receivable after more than one year | 29 | - | €2,585 | +€2,585 | |
| Trade receivables | 290 | - | €2,585 | +€2,585 | |
| Stocks and contracts in progress | 3 | €71,137 | €105,084 | +€33,947 | +47.7% |
| Stocks | 30/36 | €71,137 | €105,084 | +€33,947 | +47.7% |
| Amounts receivable within one year | 40/41 | €19,818 | €25,975 | +€6,157 | +31.1% |
| Trade receivables | 40 | €13,048 | €6,518 | -€6,530 | -50.0% |
| Other amounts receivable | 41 | €6,770 | €19,457 | +€12,687 | +187% |
| Current investments | 50/53 | €14,500 | €1,789 | -€12,712 | -87.7% |
| Cash at bank and in hand | 54/58 | €214,769 | €215,082 | +€313 | +0.1% |
| Deferred charges and accrued income | 490/1 | €1,360 | €8,465 | +€7,105 | +522% |
| Total equity and liabilities | 10/49 | €401,499 | €498,897 | +€97,398 | +24.3% |
| Equity | 10/15 | €95,973 | €51,100 | -€44,874 | -46.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,973 | €31,100 | -€44,874 | -59.1% |
| Amounts payable | 17/49 | €305,526 | €447,797 | +€142,272 | +46.6% |
| Amounts payable within one year | 42/48 | €305,526 | €447,797 | +€142,272 | +46.6% |
| Financial debts | 43 | €30,000 | €30,000 | = | 0.0% |
| Credit institutions | 430/8 | €30,000 | €30,000 | = | 0.0% |
| Trade debts | 44 | €195,243 | €304,825 | +€109,582 | +56.1% |
| Suppliers | 440/4 | €195,243 | €304,825 | +€109,582 | +56.1% |
| Taxes, remuneration and social security | 45 | €77,698 | €99,326 | +€21,628 | +27.8% |
| Taxes | 450/3 | €66,719 | €76,736 | +€10,017 | +15.0% |
| Remuneration and social security | 454/9 | €10,979 | €22,591 | +€11,612 | +106% |
| Other amounts payable | 47/48 | €2,585 | €13,646 | +€11,061 | +428% |
| Remuneration, social security and pensions | 62 | €119,536 | €182,477 | +€62,941 | +52.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,271 | €15,640 | +€2,369 | +17.8% |
| Other operating charges | 640/8 | €3,595 | €15,375 | +€11,781 | +328% |
| Gross operating margin | 9900 | €234,598 | €170,791 | -€63,806 | -27.2% |
| Operating profit (loss) | 9901 | €98,196 | -€42,701 | -€140,897 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €4,713 | €4,612 | -€101 | -2.1% |
| Recurring financial charges | 65 | €4,713 | €4,612 | -€101 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | €93,483 | -€47,313 | -€140,797 | |
| Income taxes | 67/77 | €23,841 | -€2,440 | -€26,281 | |
| Profit (loss) for the period | 9904 | €69,642 | -€44,874 | -€114,516 | |
| Profit (loss) for the period to be appropriated | 9905 | €69,642 | -€44,874 | -€114,516 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.