FACTOM: 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.
FACTOM
Largest movements
- Tangible fixed assets -€26,147
down €26,147 (-19.1%), from €136,677 to €110,531
of which Furniture and vehicles: -€14,140
- Stocks and contracts +€19,000
up €19,000 (+130.6%), from €14,548 to €33,548
- Cash +€18,157
up €18,157 (+11.3%), from €160,904 to €179,061
mainly Other debts (+€80,000) and Net result for the year (+€34,299)
- Receivables after one year -€10,013
down €10,013 (-18.0%), from €55,556 to €45,543
- Deferred charges and accrued income +€4,888
up €4,888 (+310.2%), from €1,576 to €6,465
- Other debts +€80,000
new in 2025: €80,000
- Reserves -€50,000
down €50,000 (-32.9%), from €151,855 to €101,855
- Tax, wage and social debts -€27,292
down €27,292 (-67.6%), from €40,354 to €13,062
- Trade debts +€22,587
up €22,587 (+419.4%), from €5,386 to €27,972
- Debts after one year -€13,757
down €13,757 (-18.3%), from €75,142 to €61,385
- Gross operating margin -€37,811
down €37,811 (-32.4%), from €116,848 to €79,037
- Depreciation +€15,424
up €15,424 (+106.5%), from €14,479 to €29,903
- Taxes -€13,012
down €13,012 (-48.2%), from €27,019 to €14,006
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 | €388,089 | €395,273 | +€7,184 | +1.9% |
| Fixed assets | 21/28 | €136,677 | €110,531 | -€26,147 | -19.1% |
| Tangible fixed assets | 22/27 | €136,677 | €110,531 | -€26,147 | -19.1% |
| Land and buildings | 22 | €88,861 | €76,124 | -€12,737 | -14.3% |
| Furniture and vehicles | 24 | €35,620 | €21,480 | -€14,140 | -39.7% |
| Other tangible fixed assets | 26 | €12,196 | €12,927 | +€731 | +6.0% |
| Current assets | 29/58 | €251,412 | €284,743 | +€33,331 | +13.3% |
| Amounts receivable after more than one year | 29 | €55,556 | €45,543 | -€10,013 | -18.0% |
| Other amounts receivable | 291 | €55,556 | €45,543 | -€10,013 | -18.0% |
| Stocks and contracts in progress | 3 | €14,548 | €33,548 | +€19,000 | +130.6% |
| Stocks | 30/36 | €14,548 | €33,548 | +€19,000 | +130.6% |
| Amounts receivable within one year | 40/41 | €18,828 | €20,126 | +€1,298 | +6.9% |
| Trade receivables | 40 | €14,095 | €15,894 | +€1,799 | +12.8% |
| Other amounts receivable | 41 | €4,733 | €4,232 | -€500 | -10.6% |
| Cash at bank and in hand | 54/58 | €160,904 | €179,061 | +€18,157 | +11.3% |
| Deferred charges and accrued income | 490/1 | €1,576 | €6,465 | +€4,888 | +310.2% |
| Total equity and liabilities | 10/49 | €388,089 | €395,273 | +€7,184 | +1.9% |
| Equity | 10/15 | €244,450 | €198,749 | -€45,701 | -18.7% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €151,855 | €101,855 | -€50,000 | -32.9% |
| Distributable reserves | 133 | €151,855 | €101,855 | -€50,000 | -32.9% |
| Profit (loss) carried forward | 14 | €86,295 | €90,594 | +€4,299 | +5.0% |
| Amounts payable | 17/49 | €143,639 | €196,524 | +€52,885 | +36.8% |
| Amounts payable after more than one year | 17 | €75,142 | €61,385 | -€13,757 | -18.3% |
| Financial debts | 170/4 | €75,142 | €61,385 | -€13,757 | -18.3% |
| Amounts payable within one year | 42/48 | €68,496 | €134,784 | +€66,287 | +96.8% |
| Current portion of amounts payable after more than one year | 42 | €20,894 | €13,749 | -€7,145 | -34.2% |
| Financial debts | 43 | €1,862 | - | -€1,862 | |
| Credit institutions | 430/8 | €1,862 | - | -€1,862 | |
| Trade debts | 44 | €5,386 | €27,972 | +€22,587 | +419.4% |
| Suppliers | 440/4 | €5,386 | €27,972 | +€22,587 | +419.4% |
| Taxes, remuneration and social security | 45 | €40,354 | €13,062 | -€27,292 | -67.6% |
| Taxes | 450/3 | €40,354 | €13,062 | -€27,292 | -67.6% |
| Other amounts payable | 47/48 | - | €80,000 | +€80,000 | |
| Accrued charges and deferred income | 492/3 | - | €355 | +€355 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,479 | €29,903 | +€15,424 | +106.5% |
| Other operating charges | 640/8 | €2,163 | €1,345 | -€818 | -37.8% |
| Gross operating margin | 9900 | €116,848 | €79,037 | -€37,811 | -32.4% |
| Operating profit (loss) | 9901 | €100,207 | €47,790 | -€52,416 | -52.3% |
| Financial income | 75/76B | €2,180 | €2,530 | +€350 | +16.0% |
| Recurring financial income | 75 | €2,180 | €2,530 | +€350 | +16.0% |
| Financial charges | 65/66B | €2,996 | €2,015 | -€981 | -32.7% |
| Recurring financial charges | 65 | €2,996 | €2,015 | -€981 | -32.7% |
| Profit (loss) for the period before taxes | 9903 | €99,391 | €48,305 | -€51,086 | -51.4% |
| Income taxes | 67/77 | €27,019 | €14,006 | -€13,012 | -48.2% |
| Profit (loss) for the period | 9904 | €72,372 | €34,299 | -€38,073 | -52.6% |
| Profit (loss) for the period to be appropriated | 9905 | €72,372 | €34,299 | -€38,073 | -52.6% |
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 9 October 2026 via checked.be.