FaceX: 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.
FaceX
Largest movements
- Tangible fixed assets +€1.0m
up €1.0m (+2164.7%), from €48,152 to €1.1m
of which Land and buildings: +€1.1m
- Cash +€957,965
up €957,965 (+1006.8%), from €95,147 to €1.1m
mainly Debts after one year (+€1.1m) and Current investments (+€560,001)
- Current investments -€560,001
down €560,001 (-63.6%), from €879,999 to €319,998
- Receivables within one year +€108,410
up €108,410 (+361.4%), from €30,000 to €138,410
- Financial fixed assets +€26,675
new in 2025: €26,675
- Debts after one year +€1.1m
new in 2025: €1.1m
- Profit (loss) carried forward +€525,128
up €525,128 (+66.4%), from €790,754 to €1.3m
- Tax, wage and social debts -€90,337
down €90,337 (-35.5%), from €254,820 to €164,483
- Financial income +€95,756
new in 2025: €95,756
- Gross operating margin +€63,538
up €63,538 (+10.6%), from €598,582 to €662,120
- Other operating charges +€42,359
up €42,359 (+36484.7%), from €116 to €42,475
- Taxes +€22,318
up €22,318 (+15.7%), from €142,546 to €164,864
- Financial charges +€9,076
up €9,076 (+6217.7%), from €146 to €9,222
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 | €1,053,299 | €2,629,191 | +€1.6m | +149.6% |
| Fixed assets | 21/28 | €48,152 | €1,117,199 | +€1.1m | +2220.1% |
| Tangible fixed assets | 22/27 | €48,152 | €1,090,524 | +€1.0m | +2164.7% |
| Land and buildings | 22 | - | €1,055,780 | +€1.1m | |
| Furniture and vehicles | 24 | €48,152 | €34,743 | -€13,409 | -27.8% |
| Financial fixed assets | 28 | - | €26,675 | +€26,675 | |
| Current assets | 29/58 | €1,005,146 | €1,511,992 | +€506,846 | +50.4% |
| Amounts receivable within one year | 40/41 | €30,000 | €138,410 | +€108,410 | +361.4% |
| Other amounts receivable | 41 | €30,000 | €138,410 | +€108,410 | +361.4% |
| Current investments | 50/53 | €879,999 | €319,998 | -€560,001 | -63.6% |
| Cash at bank and in hand | 54/58 | €95,147 | €1,053,112 | +€957,965 | +1006.8% |
| Deferred charges and accrued income | 490/1 | - | €471 | +€471 | |
| Total equity and liabilities | 10/49 | €1,053,299 | €2,629,191 | +€1.6m | +149.6% |
| Equity | 10/15 | €792,754 | €1,317,882 | +€525,128 | +66.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | - | -€2,000 | |
| Issued capital | 100 | €2,000 | - | -€2,000 | |
| Profit (loss) carried forward | 14 | €790,754 | €1,315,882 | +€525,128 | +66.4% |
| Amounts payable | 17/49 | €260,545 | €1,311,308 | +€1.1m | +403.3% |
| Amounts payable after more than one year | 17 | - | €1,140,000 | +€1.1m | |
| Financial debts | 170/4 | - | €1,140,000 | +€1.1m | |
| Amounts payable within one year | 42/48 | €257,871 | €171,308 | -€86,562 | -33.6% |
| Trade debts | 44 | €2,940 | €2,611 | -€329 | -11.2% |
| Suppliers | 440/4 | €2,940 | €2,611 | -€329 | -11.2% |
| Taxes, remuneration and social security | 45 | €254,820 | €164,483 | -€90,337 | -35.5% |
| Taxes | 450/3 | €254,820 | €164,483 | -€90,337 | -35.5% |
| Other amounts payable | 47/48 | €111 | €4,215 | +€4,104 | +3711.1% |
| Accrued charges and deferred income | 492/3 | €2,674 | - | -€2,674 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,005 | €16,187 | +€4,182 | +34.8% |
| Other operating charges | 640/8 | €116 | €42,475 | +€42,359 | +36484.7% |
| Gross operating margin | 9900 | €598,582 | €662,120 | +€63,538 | +10.6% |
| Operating profit (loss) | 9901 | €586,461 | €603,458 | +€16,998 | +2.9% |
| Financial income | 75/76B | - | €95,756 | +€95,756 | |
| Recurring financial income | 75 | - | €95,756 | +€95,756 | |
| Financial charges | 65/66B | €146 | €9,222 | +€9,076 | +6217.7% |
| Recurring financial charges | 65 | €146 | €9,222 | +€9,076 | +6217.7% |
| Profit (loss) for the period before taxes | 9903 | €586,315 | €689,992 | +€103,677 | +17.7% |
| Income taxes | 67/77 | €142,546 | €164,864 | +€22,318 | +15.7% |
| Profit (loss) for the period | 9904 | €443,769 | €525,128 | +€81,360 | +18.3% |
| Profit (loss) for the period to be appropriated | 9905 | €443,769 | €525,128 | +€81,360 | +18.3% |
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 6 October 2026 via checked.be.