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
- Cash -€15,481
down €15,481 (-84.8%), from €18,251 to €2,770
mainly Other debts (-€20,173) and Investment in fixed assets (net) (-€18,311)
- Tangible fixed assets +€9,918
up €9,918 (+22.9%), from €43,361 to €53,279
of which Furniture and vehicles: +€12,908
- Receivables within one year -€1,973
down €1,973 (-7.6%), from €25,996 to €24,022
of which Other amounts receivable: -€2,205
- Profit (loss) carried forward +€24,096
up €24,096 (+52.6%), from -€45,826 to -€21,731
- Other debts -€20,173
down €20,173 (-24.0%), from €83,917 to €63,744
- Tax, wage and social debts -€6,997
down €6,997 (-91.0%), from €7,693 to €696
- Trade debts -€4,276
down €4,276 (-19.6%), from €21,825 to €17,549
- Taxes +€18,978
up €18,978 (+1397.3%), from €1,358 to €20,337
- Gross operating margin +€8,861
up €8,861 (+19.7%), from €45,008 to €53,869
- Depreciation +€1,394
up €1,394 (+19.9%), from €6,999 to €8,393
- Other operating charges +€707
up €707 (+182.4%), from €387 to €1,094
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 | €87,608 | €80,259 | -€7,350 | -8.4% |
| Fixed assets | 21/28 | €43,361 | €53,279 | +€9,918 | +22.9% |
| Tangible fixed assets | 22/27 | €43,361 | €53,279 | +€9,918 | +22.9% |
| Land and buildings | 22 | €11,044 | €10,704 | -€340 | -3.1% |
| Furniture and vehicles | 24 | €8,900 | €21,809 | +€12,908 | +145.0% |
| Other tangible fixed assets | 26 | €23,417 | €20,766 | -€2,650 | -11.3% |
| Current assets | 29/58 | €44,247 | €26,979 | -€17,267 | -39.0% |
| Amounts receivable within one year | 40/41 | €25,996 | €24,022 | -€1,973 | -7.6% |
| Trade receivables | 40 | €6,388 | €6,619 | +€231 | +3.6% |
| Other amounts receivable | 41 | €19,608 | €17,403 | -€2,205 | -11.2% |
| Cash at bank and in hand | 54/58 | €18,251 | €2,770 | -€15,481 | -84.8% |
| Deferred charges and accrued income | 490/1 | - | €187 | +€187 | |
| Total equity and liabilities | 10/49 | €87,608 | €80,259 | -€7,350 | -8.4% |
| Equity | 10/15 | -€25,826 | -€1,731 | +€24,096 | +93.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,826 | -€21,731 | +€24,096 | +52.6% |
| Amounts payable | 17/49 | €113,435 | €81,989 | -€31,445 | -27.7% |
| Amounts payable within one year | 42/48 | €113,435 | €81,989 | -€31,445 | -27.7% |
| Trade debts | 44 | €21,825 | €17,549 | -€4,276 | -19.6% |
| Suppliers | 440/4 | €21,825 | €17,549 | -€4,276 | -19.6% |
| Taxes, remuneration and social security | 45 | €7,693 | €696 | -€6,997 | -91.0% |
| Taxes | 450/3 | €7,693 | €696 | -€6,997 | -91.0% |
| Other amounts payable | 47/48 | €83,917 | €63,744 | -€20,173 | -24.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,999 | €8,393 | +€1,394 | +19.9% |
| Other operating charges | 640/8 | €387 | €1,094 | +€707 | +182.4% |
| Gross operating margin | 9900 | €45,008 | €53,869 | +€8,861 | +19.7% |
| Operating profit (loss) | 9901 | €37,622 | €44,382 | +€6,760 | +18.0% |
| Financial charges | 65/66B | €252 | -€50 | -€303 | |
| Recurring financial charges | 65 | €252 | -€50 | -€303 | |
| Profit (loss) for the period before taxes | 9903 | €37,370 | €44,432 | +€7,063 | +18.9% |
| Income taxes | 67/77 | €1,358 | €20,337 | +€18,978 | +1397.3% |
| Profit (loss) for the period | 9904 | €36,012 | €24,096 | -€11,916 | -33.1% |
| Profit (loss) for the period to be appropriated | 9905 | €36,012 | €24,096 | -€11,916 | -33.1% |
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 11 October 2026 via checked.be.