Factory22: 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.
Factory22
Largest movements
- Cash +€9,012
up €9,012 (+812.2%), from €1,110 to €10,122
mainly Net result for the year (+€27,002) and Depreciation (+€4,553)
- Tangible fixed assets -€4,553
down €4,553 (-41.7%), from €10,922 to €6,370
of which Furniture and vehicles: -€4,282
- Receivables within one year +€4,528
up €4,528 (+65.7%), from €6,893 to €11,421
- Deferred charges and accrued income +€2,183
up €2,183 (+186.7%), from €1,170 to €3,353
- Profit (loss) carried forward +€27,002
up €27,002, from -€20,494 to €6,507
- Tax, wage and social debts -€8,313
down €8,313 (-73.8%), from €11,256 to €2,944
- Other debts -€7,869
down €7,869 (-32.7%), from €24,088 to €16,219
- Accrued charges and deferred income +€429
new in 2025: €429
- Gross operating margin +€91,148
up €91,148, from -€53,232 to €37,916
- Write-downs +€5,697
new in 2025: €5,697
- Financial charges -€897
down €897 (-80.1%), from €1,120 to €223
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 | €20,094 | €31,265 | +€11,170 | +55.6% |
| Fixed assets | 21/28 | €10,922 | €6,370 | -€4,553 | -41.7% |
| Tangible fixed assets | 22/27 | €10,922 | €6,370 | -€4,553 | -41.7% |
| Furniture and vehicles | 24 | €10,050 | €5,768 | -€4,282 | -42.6% |
| Other tangible fixed assets | 26 | €872 | €601 | -€271 | -31.1% |
| Current assets | 29/58 | €9,172 | €24,895 | +€15,723 | +171.4% |
| Amounts receivable within one year | 40/41 | €6,893 | €11,421 | +€4,528 | +65.7% |
| Trade receivables | 40 | €6,893 | €11,421 | +€4,528 | +65.7% |
| Cash at bank and in hand | 54/58 | €1,110 | €10,122 | +€9,012 | +812.2% |
| Deferred charges and accrued income | 490/1 | €1,170 | €3,353 | +€2,183 | +186.7% |
| Total equity and liabilities | 10/49 | €20,094 | €31,265 | +€11,170 | +55.6% |
| Equity | 10/15 | -€17,494 | €9,507 | +€27,002 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,494 | €6,507 | +€27,002 | |
| Amounts payable | 17/49 | €37,589 | €21,758 | -€15,831 | -42.1% |
| Amounts payable within one year | 42/48 | €37,589 | €21,329 | -€16,260 | -43.3% |
| Trade debts | 44 | €2,245 | €2,167 | -€78 | -3.5% |
| Suppliers | 440/4 | €2,245 | €2,167 | -€78 | -3.5% |
| Taxes, remuneration and social security | 45 | €11,256 | €2,944 | -€8,313 | -73.8% |
| Taxes | 450/3 | €11,256 | €2,944 | -€8,313 | -73.8% |
| Other amounts payable | 47/48 | €24,088 | €16,219 | -€7,869 | -32.7% |
| Accrued charges and deferred income | 492/3 | - | €429 | +€429 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,477 | €4,553 | +€76 | +1.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €5,697 | +€5,697 | |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | -€53,232 | €37,916 | +€91,148 | |
| Operating profit (loss) | 9901 | -€58,213 | €27,147 | +€85,361 | |
| Financial income | 75/76B | - | €77 | +€77 | |
| Recurring financial income | 75 | - | €77 | +€77 | |
| Financial charges | 65/66B | €1,120 | €223 | -€897 | -80.1% |
| Recurring financial charges | 65 | €1,120 | €223 | -€897 | -80.1% |
| Profit (loss) for the period before taxes | 9903 | -€59,333 | €27,002 | +€86,335 | |
| Profit (loss) for the period | 9904 | -€59,333 | €27,002 | +€86,335 | |
| Profit (loss) for the period to be appropriated | 9905 | -€59,333 | €27,002 | +€86,335 |
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 6 October 2026 via checked.be.