FACINANTE: 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.
FACINANTE
Largest movements
- Receivables within one year -€173,461
down €173,461 (-80.1%), from €216,657 to €43,196
of which Trade receivables: -€130,749
- Tangible fixed assets +€69,895
up €69,895 (+8.5%), from €823,401 to €893,295
of which Land and buildings: +€92,441
- Stocks and contracts +€49,891
new in 2025: €49,891
- Cash -€30,518
down €30,518 (-47.9%), from €63,765 to €33,247
mainly Investment in fixed assets (net) (-€160,759) and Other debts (-€94,485)
- Financial fixed assets +€30,000
up €30,000 (+60000.0%), from €50 to €30,050
- Other debts -€94,485
down €94,485 (-85.1%), from €110,979 to €16,493
- Debts after one year -€75,690
down €75,690 (-17.0%), from €445,871 to €370,181
- Reserves +€75,000
up €75,000 (+16.5%), from €455,202 to €530,202
of which Distributable reserves: +€75,000
- Advances received +€20,304
new in 2025: €20,304
- Gross operating margin +€67,478
up €67,478 (+46.7%), from €144,378 to €211,856
- Taxes +€30,114
up €30,114 (+690.4%), from €4,362 to €34,475
- Other operating charges -€15,158
down €15,158 (-43.9%), from €34,505 to €19,347
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 | €1,343,031 | €1,277,451 | -€65,579 | -4.9% |
| Fixed assets | 21/28 | €823,451 | €923,345 | +€99,895 | +12.1% |
| Tangible fixed assets | 22/27 | €823,401 | €893,295 | +€69,895 | +8.5% |
| Land and buildings | 22 | €777,140 | €869,580 | +€92,441 | +11.9% |
| Plant, machinery and equipment | 23 | €5,027 | €6,271 | +€1,244 | +24.7% |
| Furniture and vehicles | 24 | €41,234 | €17,444 | -€23,790 | -57.7% |
| Financial fixed assets | 28 | €50 | €30,050 | +€30,000 | +60000.0% |
| Current assets | 29/58 | €519,580 | €354,106 | -€165,474 | -31.8% |
| Amounts receivable after more than one year | 29 | €233,908 | €222,107 | -€11,801 | -5.0% |
| Other amounts receivable | 291 | €233,908 | €222,107 | -€11,801 | -5.0% |
| Stocks and contracts in progress | 3 | - | €49,891 | +€49,891 | |
| Stocks | 30/36 | - | €49,891 | +€49,891 | |
| Amounts receivable within one year | 40/41 | €216,657 | €43,196 | -€173,461 | -80.1% |
| Trade receivables | 40 | €158,831 | €28,083 | -€130,749 | -82.3% |
| Other amounts receivable | 41 | €57,825 | €15,113 | -€42,712 | -73.9% |
| Cash at bank and in hand | 54/58 | €63,765 | €33,247 | -€30,518 | -47.9% |
| Deferred charges and accrued income | 490/1 | €5,250 | €5,665 | +€415 | +7.9% |
| Total equity and liabilities | 10/49 | €1,343,031 | €1,277,451 | -€65,579 | -4.9% |
| Equity | 10/15 | €666,752 | €743,775 | +€77,023 | +11.6% |
| Contributions | 10/11 | €9,916 | €9,916 | = | 0.0% |
| Reserves | 13 | €455,202 | €530,202 | +€75,000 | +16.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €455,202 | €530,202 | +€75,000 | +16.5% |
| Profit (loss) carried forward | 14 | €201,634 | €203,657 | +€2,023 | +1.0% |
| Amounts payable | 17/49 | €676,278 | €533,676 | -€142,602 | -21.1% |
| Amounts payable after more than one year | 17 | €445,871 | €370,181 | -€75,690 | -17.0% |
| Financial debts | 170/4 | €445,871 | €370,181 | -€75,690 | -17.0% |
| Amounts payable within one year | 42/48 | €229,168 | €159,866 | -€69,303 | -30.2% |
| Current portion of amounts payable after more than one year | 42 | €74,155 | €75,690 | +€1,535 | +2.1% |
| Trade debts | 44 | €6,139 | €5,435 | -€705 | -11.5% |
| Suppliers | 440/4 | €6,139 | €5,435 | -€705 | -11.5% |
| Advances received on contracts in progress | 46 | - | €20,304 | +€20,304 | |
| Taxes, remuneration and social security | 45 | €37,895 | €41,944 | +€4,049 | +10.7% |
| Taxes | 450/3 | €37,895 | €41,944 | +€4,049 | +10.7% |
| Other amounts payable | 47/48 | €110,979 | €16,493 | -€94,485 | -85.1% |
| Accrued charges and deferred income | 492/3 | €1,239 | €3,630 | +€2,391 | +192.9% |
| Non-recurring operating income | 76A | €605 | €26,459 | +€25,854 | +4273.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,887 | €60,865 | -€22 | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €34,505 | €19,347 | -€15,158 | -43.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €144,378 | €211,856 | +€67,478 | +46.7% |
| Operating profit (loss) | 9901 | €48,987 | €131,645 | +€82,658 | +168.7% |
| Financial income | 75/76B | €963 | €1,766 | +€803 | +83.4% |
| Recurring financial income | 75 | €963 | €1,766 | +€803 | +83.4% |
| Financial charges | 65/66B | €20,552 | €18,613 | -€1,940 | -9.4% |
| Recurring financial charges | 65 | €20,552 | €18,613 | -€1,940 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | €29,397 | €114,798 | +€85,401 | +290.5% |
| Income taxes | 67/77 | €4,362 | €34,475 | +€30,114 | +690.4% |
| Profit (loss) for the period | 9904 | €25,035 | €80,323 | +€55,288 | +220.8% |
| Profit (loss) for the period to be appropriated | 9905 | €25,035 | €80,323 | +€55,288 | +220.8% |
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.