FACTORY 64: 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.
FACTORY 64
Largest movements
- Receivables within one year +€52,371
up €52,371 (+25.8%), from €202,600 to €254,971
of which Other amounts receivable: +€74,326
- Other debts +€997,944
new in 2025: €997,944
- Reserves -€984,873
no longer reported in 2025 (was €984,873)
- Trade debts +€36,868
up €36,868 (+75.1%), from €49,111 to €85,980
- Debts after one year -€32,683
down €32,683 (-26.0%), from €125,675 to €92,992
- Tax, wage and social debts +€18,103
up €18,103 (+134.8%), from €13,427 to €31,530
- Financial charges +€62,693
up €62,693 (+1013.2%), from €6,188 to €68,881
of which Non-recurring financial charges: +€60,100
- Gross operating margin +€41,665
up €41,665 (+78.6%), from €53,038 to €94,703
- Taxes -€3,531
down €3,531 (-29.5%), from €11,968 to €8,437
- Financial income +€3,441
up €3,441 (+44.1%), from €7,796 to €11,237
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 | €1,215,234 | €1,263,660 | +€48,426 | +4.0% |
| Fixed assets | 21/28 | €169,246 | €159,167 | -€10,079 | -6.0% |
| Tangible fixed assets | 22/27 | €166,246 | €156,167 | -€10,079 | -6.1% |
| Land and buildings | 22 | €159,370 | €148,626 | -€10,744 | -6.7% |
| Plant, machinery and equipment | 23 | €5,309 | €6,340 | +€1,031 | +19.4% |
| Furniture and vehicles | 24 | €1,567 | €1,201 | -€366 | -23.4% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €1,045,988 | €1,104,492 | +€58,505 | +5.6% |
| Amounts receivable after more than one year | 29 | €56,998 | €56,998 | = | 0.0% |
| Other amounts receivable | 291 | €56,998 | €56,998 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €202,600 | €254,971 | +€52,371 | +25.8% |
| Trade receivables | 40 | €44,808 | €22,853 | -€21,956 | -49.0% |
| Other amounts receivable | 41 | €157,792 | €232,118 | +€74,326 | +47.1% |
| Current investments | 50/53 | €750,538 | €745,503 | -€5,035 | -0.7% |
| Cash at bank and in hand | 54/58 | €35,577 | €47,021 | +€11,443 | +32.2% |
| Deferred charges and accrued income | 490/1 | €274 | - | -€274 | |
| Total equity and liabilities | 10/49 | €1,215,234 | €1,263,660 | +€48,426 | +4.0% |
| Equity | 10/15 | €994,873 | €10,000 | -€984,873 | -99.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €984,873 | - | -€984,873 | |
| Distributable reserves | 133 | €984,873 | - | -€984,873 | |
| Amounts payable | 17/49 | €220,360 | €1,253,660 | +€1.0m | +468.9% |
| Amounts payable after more than one year | 17 | €125,675 | €92,992 | -€32,683 | -26.0% |
| Financial debts | 170/4 | €125,675 | €92,992 | -€32,683 | -26.0% |
| Amounts payable within one year | 42/48 | €94,685 | €1,160,667 | +€1.1m | +1125.8% |
| Current portion of amounts payable after more than one year | 42 | €32,146 | €45,214 | +€13,067 | +40.6% |
| Trade debts | 44 | €49,111 | €85,980 | +€36,868 | +75.1% |
| Suppliers | 440/4 | €49,111 | €85,980 | +€36,868 | +75.1% |
| Taxes, remuneration and social security | 45 | €13,427 | €31,530 | +€18,103 | +134.8% |
| Taxes | 450/3 | €13,427 | €31,530 | +€18,103 | +134.8% |
| Other amounts payable | 47/48 | - | €997,944 | +€997,944 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,118 | €11,653 | +€535 | +4.8% |
| Other operating charges | 640/8 | €1,083 | €1,606 | +€523 | +48.3% |
| Gross operating margin | 9900 | €53,038 | €94,703 | +€41,665 | +78.6% |
| Operating profit (loss) | 9901 | €40,837 | €81,445 | +€40,608 | +99.4% |
| Financial income | 75/76B | €7,796 | €11,237 | +€3,441 | +44.1% |
| Recurring financial income | 75 | €7,796 | €11,237 | +€3,441 | +44.1% |
| Financial charges | 65/66B | €6,188 | €68,881 | +€62,693 | +1013.2% |
| Recurring financial charges | 65 | €6,188 | €8,781 | +€2,593 | +41.9% |
| Non-recurring financial charges | 66B | - | €60,100 | +€60,100 | |
| Profit (loss) for the period before taxes | 9903 | €42,445 | €23,800 | -€18,645 | -43.9% |
| Income taxes | 67/77 | €11,968 | €8,437 | -€3,531 | -29.5% |
| Profit (loss) for the period | 9904 | €30,477 | €15,363 | -€15,114 | -49.6% |
| Profit (loss) for the period to be appropriated | 9905 | €30,477 | €15,363 | -€15,114 | -49.6% |
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.