Facto: 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.
Facto
Largest movements
- Receivables after one year +€22,000
new in 2025: €22,000
- Receivables within one year -€17,064
down €17,064 (-60.1%), from €28,376 to €11,312
of which Other amounts receivable: -€11,362
- Cash +€15,207
up €15,207 (+64.5%), from €23,588 to €38,795
mainly Net result for the year (+€21,670) and Receivables within one year (+€17,064)
- Tangible fixed assets -€3,175
down €3,175 (-28.1%), from €11,298 to €8,123
of which Furniture and vehicles: -€2,466
- Reserves +€21,500
up €21,500 (+126%), from €17,000 to €38,500
- Trade debts -€6,082
down €6,082 (-80.3%), from €7,575 to €1,493
- Tax, wage and social debts +€2,621
up €2,621 (+16.6%), from €15,838 to €18,460
- Gross operating margin +€3,455
up €3,455 (+9.3%), from €37,089 to €40,544
- Depreciation -€844
down €844 (-15.1%), from €5,598 to €4,754
- Taxes +€527
up €527 (+5.4%), from €9,783 to €10,310
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.
Derived cash bridge
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 | €66,440 | €84,072 | +€17,632 | +26.5% |
| Fixed assets | 21/28 | €11,298 | €8,123 | -€3,175 | -28.1% |
| Tangible fixed assets | 22/27 | €11,298 | €8,123 | -€3,175 | -28.1% |
| Plant, machinery and equipment | 23 | €633 | €1,199 | +€566 | +89.4% |
| Furniture and vehicles | 24 | €9,391 | €6,925 | -€2,466 | -26.3% |
| Other tangible fixed assets | 26 | €1,274 | €0 | -€1,274 | -100% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €55,141 | €75,949 | +€20,807 | +37.7% |
| Amounts receivable after more than one year | 29 | - | €22,000 | +€22,000 | |
| Other amounts receivable | 291 | - | €22,000 | +€22,000 | |
| Amounts receivable within one year | 40/41 | €28,376 | €11,312 | -€17,064 | -60.1% |
| Trade receivables | 40 | €5,774 | €72 | -€5,702 | -98.8% |
| Other amounts receivable | 41 | €22,602 | €11,240 | -€11,362 | -50.3% |
| Cash at bank and in hand | 54/58 | €23,588 | €38,795 | +€15,207 | +64.5% |
| Deferred charges and accrued income | 490/1 | €3,178 | €3,842 | +€664 | +20.9% |
| Total equity and liabilities | 10/49 | €66,440 | €84,072 | +€17,632 | +26.5% |
| Equity | 10/15 | €42,450 | €64,120 | +€21,670 | +51.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €17,000 | €38,500 | +€21,500 | +126% |
| Distributable reserves | 133 | €17,000 | €38,500 | +€21,500 | +126% |
| Profit (loss) carried forward | 14 | €450 | €620 | +€170 | +37.7% |
| Amounts payable | 17/49 | €23,990 | €19,953 | -€4,037 | -16.8% |
| Amounts payable within one year | 42/48 | €23,413 | €19,953 | -€3,461 | -14.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €7,575 | €1,493 | -€6,082 | -80.3% |
| Suppliers | 440/4 | €7,575 | €1,493 | -€6,082 | -80.3% |
| Taxes, remuneration and social security | 45 | €15,838 | €18,460 | +€2,621 | +16.6% |
| Taxes | 450/3 | €15,838 | €18,460 | +€2,621 | +16.6% |
| Accrued charges and deferred income | 492/3 | €577 | €0 | -€577 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,598 | €4,754 | -€844 | -15.1% |
| Other operating charges | 640/8 | €693 | €544 | -€149 | -21.5% |
| Non-recurring operating charges | 66A | - | €3,289 | +€3,289 | |
| Gross operating margin | 9900 | €37,089 | €40,544 | +€3,455 | +9.3% |
| Operating profit (loss) | 9901 | €30,799 | €31,957 | +€1,158 | +3.8% |
| Financial income | 75/76B | €91 | €448 | +€358 | +394% |
| Recurring financial income | 75 | €91 | €448 | +€358 | +394% |
| Financial charges | 65/66B | €522 | €425 | -€97 | -18.6% |
| Recurring financial charges | 65 | €522 | €425 | -€97 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | €30,367 | €31,980 | +€1,613 | +5.3% |
| Income taxes | 67/77 | €9,783 | €10,310 | +€527 | +5.4% |
| Profit (loss) for the period | 9904 | €20,584 | €21,670 | +€1,086 | +5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €20,584 | €21,670 | +€1,086 | +5.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.