Factory19: 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.
Factory19
Largest movements
- Tangible fixed assets -€12,290
down €12,290 (-91.7%), from €13,401 to €1,111
of which Furniture and vehicles: -€6,318
- Financial fixed assets -€6,600
no longer reported in 2025 (was €6,600)
- Stocks and contracts -€4,175
down €4,175 (-72.6%), from €5,750 to €1,575
- Intangible fixed assets -€1,739
no longer reported in 2025 (was €1,739)
- Cash -€539
down €539 (-8.6%), from €6,228 to €5,689
mainly Net result for the year (-€36,178) and Accrued charges and deferred income (-€936)
- Profit (loss) carried forward -€36,178
down €36,178 (-1888.4%), from -€1,916 to -€38,094
- Tax, wage and social debts +€11,897
up €11,897 (+176.1%), from €6,756 to €18,653
of which Remuneration and social security: +€13,429
- Accrued charges and deferred income -€936
no longer reported in 2025 (was €936)
- Staff costs +€20,521
up €20,521 (+195.0%), from €10,522 to €31,044
- Depreciation -€1,160
down €1,160 (-86.6%), from €1,339 to €180
- Gross operating margin -€551
down €551 (-5.3%), from €10,472 to €9,921
- Other operating charges -€473
down €473 (-90.4%), from €523 to €50
- Financial charges +€166
up €166 (+4140.3%), from €4 to €170
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 | €35,233 | €10,304 | -€24,928 | -70.8% |
| Fixed assets | 21/28 | €21,740 | €1,111 | -€20,629 | -94.9% |
| Intangible fixed assets | 21 | €1,739 | - | -€1,739 | |
| Tangible fixed assets | 22/27 | €13,401 | €1,111 | -€12,290 | -91.7% |
| Furniture and vehicles | 24 | €7,429 | €1,111 | -€6,318 | -85.0% |
| Other tangible fixed assets | 26 | €5,972 | - | -€5,972 | |
| Financial fixed assets | 28 | €6,600 | - | -€6,600 | |
| Current assets | 29/58 | €13,493 | €9,193 | -€4,300 | -31.9% |
| Stocks and contracts in progress | 3 | €5,750 | €1,575 | -€4,175 | -72.6% |
| Stocks | 30/36 | €5,750 | €1,575 | -€4,175 | -72.6% |
| Amounts receivable within one year | 40/41 | €1,515 | €1,391 | -€124 | -8.2% |
| Trade receivables | 40 | €1,515 | €1,391 | -€124 | -8.2% |
| Cash at bank and in hand | 54/58 | €6,228 | €5,689 | -€539 | -8.6% |
| Deferred charges and accrued income | 490/1 | - | €538 | +€538 | |
| Total equity and liabilities | 10/49 | €35,233 | €10,304 | -€24,928 | -70.8% |
| Equity | 10/15 | €1,084 | -€35,094 | -€36,178 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,916 | -€38,094 | -€36,178 | -1888.4% |
| Amounts payable | 17/49 | €34,148 | €45,398 | +€11,249 | +32.9% |
| Amounts payable after more than one year | 17 | €24,720 | €25,000 | +€280 | +1.1% |
| Other amounts payable | 178/9 | €24,720 | €25,000 | +€280 | +1.1% |
| Amounts payable within one year | 42/48 | €8,493 | €20,398 | +€11,905 | +140.2% |
| Trade debts | 44 | €1,737 | €1,618 | -€120 | -6.9% |
| Suppliers | 440/4 | €1,737 | €1,618 | -€120 | -6.9% |
| Taxes, remuneration and social security | 45 | €6,756 | €18,653 | +€11,897 | +176.1% |
| Taxes | 450/3 | €2,650 | €1,118 | -€1,532 | -57.8% |
| Remuneration and social security | 454/9 | €4,106 | €17,535 | +€13,429 | +327.1% |
| Other amounts payable | 47/48 | - | €127 | +€127 | |
| Accrued charges and deferred income | 492/3 | €936 | - | -€936 | |
| Remuneration, social security and pensions | 62 | €10,522 | €31,044 | +€20,521 | +195.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,339 | €180 | -€1,160 | -86.6% |
| Other operating charges | 640/8 | €523 | €50 | -€473 | -90.4% |
| Non-recurring operating charges | 66A | - | €14,653 | +€14,653 | |
| Gross operating margin | 9900 | €10,472 | €9,921 | -€551 | -5.3% |
| Operating profit (loss) | 9901 | -€1,912 | -€36,005 | -€34,093 | -1783.3% |
| Financial income | 75/76B | - | €7 | +€7 | |
| Recurring financial income | 75 | - | €7 | +€7 | |
| Financial charges | 65/66B | €4 | €170 | +€166 | +4140.3% |
| Recurring financial charges | 65 | €4 | €170 | +€166 | +4140.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,916 | -€36,168 | -€34,252 | -1787.9% |
| Income taxes | 67/77 | - | €10 | +€10 | |
| Profit (loss) for the period | 9904 | -€1,916 | -€36,178 | -€34,262 | -1788.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,916 | -€36,178 | -€34,262 | -1788.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.