FACOPY: 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.
FACOPY
Largest movements
- Tangible fixed assets +€214,988
up €214,988 (+177.2%), from €121,299 to €336,287
of which Plant, machinery and equipment: +€205,804
- Receivables within one year +€55,641
up €55,641 (+109.0%), from €51,065 to €106,706
of which Other amounts receivable: +€46,667
- Cash -€8,033
down €8,033 (-2.9%), from €275,608 to €267,575
mainly Investment in fixed assets (net) (-€279,852) and Other debts (-€60,467)
- Trade debts +€289,955
up €289,955 (+6134.2%), from €4,727 to €294,682
- Other debts -€60,467
down €60,467 (-32.9%), from €183,723 to €123,257
- Current portion of long-term debt +€14,538
up €14,538 (+49.3%), from €29,500 to €44,038
- Tax, wage and social debts +€12,223
up €12,223 (+20.7%), from €59,130 to €71,353
of which Remuneration and social security: +€12,819
- Staff costs +€37,984
up €37,984 (+8.0%), from €474,864 to €512,849
- Depreciation +€27,151
up €27,151 (+72.8%), from €37,312 to €64,463
- Taxes -€24,684
down €24,684 (-96.4%), from €25,596 to €912
- Gross operating margin -€17,864
down €17,864 (-2.9%), from €620,920 to €603,056
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 | €481,004 | €741,287 | +€260,283 | +54.1% |
| Fixed assets | 21/28 | €121,299 | €336,687 | +€215,388 | +177.6% |
| Tangible fixed assets | 22/27 | €121,299 | €336,287 | +€214,988 | +177.2% |
| Plant, machinery and equipment | 23 | €42,312 | €248,116 | +€205,804 | +486.4% |
| Furniture and vehicles | 24 | €50,523 | €72,845 | +€22,322 | +44.2% |
| Leasing and similar rights | 25 | €14,212 | €7,465 | -€6,747 | -47.5% |
| Other tangible fixed assets | 26 | €14,252 | €7,861 | -€6,391 | -44.8% |
| Financial fixed assets | 28 | - | €400 | +€400 | |
| Current assets | 29/58 | €359,705 | €404,600 | +€44,894 | +12.5% |
| Stocks and contracts in progress | 3 | €18,116 | €17,555 | -€562 | -3.1% |
| Stocks | 30/36 | €18,116 | €17,555 | -€562 | -3.1% |
| Amounts receivable within one year | 40/41 | €51,065 | €106,706 | +€55,641 | +109.0% |
| Trade receivables | 40 | €47,032 | €56,006 | +€8,974 | +19.1% |
| Other amounts receivable | 41 | €4,033 | €50,700 | +€46,667 | +1157.2% |
| Cash at bank and in hand | 54/58 | €275,608 | €267,575 | -€8,033 | -2.9% |
| Deferred charges and accrued income | 490/1 | €14,916 | €12,764 | -€2,152 | -14.4% |
| Total equity and liabilities | 10/49 | €481,004 | €741,287 | +€260,283 | +54.1% |
| Equity | 10/15 | €136,216 | €141,011 | +€4,794 | +3.5% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Reserves | 13 | €27,250 | €27,250 | = | 0.0% |
| Tax-exempt reserves | 132 | €27,250 | €27,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €88,515 | €93,310 | +€4,794 | +5.4% |
| Amounts payable | 17/49 | €344,788 | €600,276 | +€255,488 | +74.1% |
| Amounts payable after more than one year | 17 | €67,708 | €66,947 | -€761 | -1.1% |
| Financial debts | 170/4 | €67,708 | €66,947 | -€761 | -1.1% |
| Amounts payable within one year | 42/48 | €277,080 | €533,329 | +€256,249 | +92.5% |
| Current portion of amounts payable after more than one year | 42 | €29,500 | €44,038 | +€14,538 | +49.3% |
| Trade debts | 44 | €4,727 | €294,682 | +€289,955 | +6134.2% |
| Suppliers | 440/4 | €4,727 | €294,682 | +€289,955 | +6134.2% |
| Taxes, remuneration and social security | 45 | €59,130 | €71,353 | +€12,223 | +20.7% |
| Taxes | 450/3 | €596 | - | -€596 | |
| Remuneration and social security | 454/9 | €58,534 | €71,353 | +€12,819 | +21.9% |
| Other amounts payable | 47/48 | €183,723 | €123,257 | -€60,467 | -32.9% |
| Remuneration, social security and pensions | 62 | €474,864 | €512,849 | +€37,984 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,312 | €64,463 | +€27,151 | +72.8% |
| Other operating charges | 640/8 | €16,280 | €13,449 | -€2,831 | -17.4% |
| Gross operating margin | 9900 | €620,920 | €603,056 | -€17,864 | -2.9% |
| Operating profit (loss) | 9901 | €92,464 | €12,295 | -€80,169 | -86.7% |
| Financial income | 75/76B | €1,766 | €1,541 | -€225 | -12.7% |
| Recurring financial income | 75 | €1,766 | €1,541 | -€225 | -12.7% |
| Financial charges | 65/66B | €9,565 | €8,129 | -€1,435 | -15.0% |
| Recurring financial charges | 65 | €9,565 | €8,129 | -€1,435 | -15.0% |
| Profit (loss) for the period before taxes | 9903 | €84,665 | €5,707 | -€78,959 | -93.3% |
| Income taxes | 67/77 | €25,596 | €912 | -€24,684 | -96.4% |
| Profit (loss) for the period | 9904 | €59,069 | €4,794 | -€54,274 | -91.9% |
| Profit (loss) for the period to be appropriated | 9905 | €59,069 | €4,794 | -€54,274 | -91.9% |
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 1 October 2026 via checked.be.