FACTORY SYSTEMS: 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.
FACTORY SYSTEMS
Largest movements
- Tangible fixed assets -€27,873
down €27,873 (-28.1%), from €99,044 to €71,171
of which Furniture and vehicles: -€27,653
- Cash +€19,309
up €19,309 (+13.9%), from €138,623 to €157,932
mainly Net result for the year (+€99,373) and Depreciation (+€56,234)
- Receivables within one year +€12,864
up €12,864 (+11.9%), from €107,764 to €120,628
- Intangible fixed assets +€8,467
up €8,467 (+11.3%), from €74,974 to €83,441
- Profit (loss) carried forward +€11,373
up €11,373 (+7.1%), from €161,198 to €172,571
- Debts after one year -€6,071
down €6,071 (-36.3%), from €16,743 to €10,672
- Other debts +€5,871
up €5,871 (+4.8%), from €123,329 to €129,200
- Staff costs +€18,684
up €18,684 (+11.8%), from €158,150 to €176,834
- Gross operating margin +€11,566
up €11,566 (+3.2%), from €361,088 to €372,654
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 | €422,540 | €435,795 | +€13,255 | +3.1% |
| Fixed assets | 21/28 | €174,018 | €154,612 | -€19,406 | -11.2% |
| Intangible fixed assets | 21 | €74,974 | €83,441 | +€8,467 | +11.3% |
| Tangible fixed assets | 22/27 | €99,044 | €71,171 | -€27,873 | -28.1% |
| Furniture and vehicles | 24 | €97,137 | €69,484 | -€27,653 | -28.5% |
| Other tangible fixed assets | 26 | €1,907 | €1,687 | -€220 | -11.5% |
| Current assets | 29/58 | €248,522 | €281,183 | +€32,661 | +13.1% |
| Amounts receivable within one year | 40/41 | €107,764 | €120,628 | +€12,864 | +11.9% |
| Trade receivables | 40 | €107,764 | €120,628 | +€12,864 | +11.9% |
| Cash at bank and in hand | 54/58 | €138,623 | €157,932 | +€19,309 | +13.9% |
| Deferred charges and accrued income | 490/1 | €2,135 | €2,623 | +€488 | +22.9% |
| Total equity and liabilities | 10/49 | €422,540 | €435,795 | +€13,255 | +3.1% |
| Equity | 10/15 | €228,917 | €240,290 | +€11,373 | +5.0% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €45,719 | €45,719 | = | 0.0% |
| Distributable reserves | 133 | €45,719 | €45,719 | = | 0.0% |
| Profit (loss) carried forward | 14 | €161,198 | €172,571 | +€11,373 | +7.1% |
| Amounts payable | 17/49 | €193,623 | €195,505 | +€1,882 | +1.0% |
| Amounts payable after more than one year | 17 | €16,743 | €10,672 | -€6,071 | -36.3% |
| Financial debts | 170/4 | €16,743 | €10,672 | -€6,071 | -36.3% |
| Amounts payable within one year | 42/48 | €176,707 | €184,833 | +€8,126 | +4.6% |
| Current portion of amounts payable after more than one year | 42 | €5,833 | €6,071 | +€238 | +4.1% |
| Trade debts | 44 | €8,968 | €9,467 | +€499 | +5.6% |
| Suppliers | 440/4 | €8,968 | €9,467 | +€499 | +5.6% |
| Taxes, remuneration and social security | 45 | €38,577 | €40,095 | +€1,518 | +3.9% |
| Taxes | 450/3 | €12,205 | €11,099 | -€1,106 | -9.1% |
| Remuneration and social security | 454/9 | €26,372 | €28,996 | +€2,624 | +9.9% |
| Other amounts payable | 47/48 | €123,329 | €129,200 | +€5,871 | +4.8% |
| Accrued charges and deferred income | 492/3 | €173 | - | -€173 | |
| Remuneration, social security and pensions | 62 | €158,150 | €176,834 | +€18,684 | +11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,482 | €56,234 | +€752 | +1.4% |
| Other operating charges | 640/8 | €2,039 | €1,832 | -€207 | -10.2% |
| Gross operating margin | 9900 | €361,088 | €372,654 | +€11,566 | +3.2% |
| Operating profit (loss) | 9901 | €145,417 | €137,754 | -€7,663 | -5.3% |
| Financial income | 75/76B | €6 | €7 | +€1 | +16.7% |
| Recurring financial income | 75 | €6 | €7 | +€1 | +16.7% |
| Financial charges | 65/66B | €1,282 | €1,256 | -€26 | -2.0% |
| Recurring financial charges | 65 | €1,282 | €1,256 | -€26 | -2.0% |
| Profit (loss) for the period before taxes | 9903 | €144,141 | €136,505 | -€7,636 | -5.3% |
| Income taxes | 67/77 | €40,551 | €37,132 | -€3,419 | -8.4% |
| Profit (loss) for the period | 9904 | €103,590 | €99,373 | -€4,217 | -4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €103,590 | €99,373 | -€4,217 | -4.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.