FACTRY: 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.
FACTRY
Largest movements
- Cash +€245,407
up €245,407 (+70.2%), from €349,428 to €594,834
mainly Accrued charges and deferred income (+€475,124) and Tax, wage and social debts (+€30,500)
- Receivables within one year +€152,043
up €152,043 (+48.3%), from €315,045 to €467,088
of which Trade receivables: +€152,444
- Deferred charges and accrued income +€33,778
up €33,778 (+335.2%), from €10,078 to €43,855
- Accrued charges and deferred income +€475,124
new in 2025: €475,124
- Other debts -€48,328
down €48,328 (-99.1%), from €48,790 to €462
- Reserves -€48,196
down €48,196 (-11.3%), from €427,290 to €379,094
- Tax, wage and social debts +€30,500
up €30,500 (+29.7%), from €102,809 to €133,310
of which Taxes: +€17,967
- Trade debts +€17,258
up €17,258 (+15.2%), from €113,170 to €130,428
- Staff costs +€242,298
up €242,298 (+25.9%), from €936,749 to €1.2m
- Gross operating margin +€117,738
up €117,738 (+11.4%), from €1.0m to €1.2m
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 | €710,660 | €1,137,018 | +€426,358 | +60.0% |
| Fixed assets | 21/28 | €36,110 | €31,241 | -€4,869 | -13.5% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €27,260 | €22,391 | -€4,869 | -17.9% |
| Furniture and vehicles | 24 | €27,260 | €22,391 | -€4,869 | -17.9% |
| Financial fixed assets | 28 | €8,850 | €8,850 | = | 0.0% |
| Current assets | 29/58 | €674,550 | €1,105,777 | +€431,228 | +63.9% |
| Amounts receivable within one year | 40/41 | €315,045 | €467,088 | +€152,043 | +48.3% |
| Trade receivables | 40 | €289,993 | €442,437 | +€152,444 | +52.6% |
| Other amounts receivable | 41 | €25,052 | €24,651 | -€401 | -1.6% |
| Cash at bank and in hand | 54/58 | €349,428 | €594,834 | +€245,407 | +70.2% |
| Deferred charges and accrued income | 490/1 | €10,078 | €43,855 | +€33,778 | +335.2% |
| Total equity and liabilities | 10/49 | €710,660 | €1,137,018 | +€426,358 | +60.0% |
| Equity | 10/15 | €445,890 | €397,694 | -€48,196 | -10.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €427,290 | €379,094 | -€48,196 | -11.3% |
| Distributable reserves | 133 | €427,290 | €379,094 | -€48,196 | -11.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €264,770 | €739,324 | +€474,554 | +179.2% |
| Amounts payable within one year | 42/48 | €264,770 | €264,200 | -€569 | -0.2% |
| Trade debts | 44 | €113,170 | €130,428 | +€17,258 | +15.2% |
| Suppliers | 440/4 | €113,170 | €130,428 | +€17,258 | +15.2% |
| Taxes, remuneration and social security | 45 | €102,809 | €133,310 | +€30,500 | +29.7% |
| Taxes | 450/3 | €7,749 | €25,716 | +€17,967 | +231.8% |
| Remuneration and social security | 454/9 | €95,060 | €107,593 | +€12,533 | +13.2% |
| Other amounts payable | 47/48 | €48,790 | €462 | -€48,328 | -99.1% |
| Accrued charges and deferred income | 492/3 | - | €475,124 | +€475,124 | |
| Remuneration, social security and pensions | 62 | €936,749 | €1,179,047 | +€242,298 | +25.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,982 | €14,990 | +€2,008 | +15.5% |
| Other operating charges | 640/8 | €2,798 | €2,904 | +€106 | +3.8% |
| Gross operating margin | 9900 | €1,032,348 | €1,150,086 | +€117,738 | +11.4% |
| Operating profit (loss) | 9901 | €79,819 | -€46,855 | -€126,674 | |
| Financial income | 75/76B | €909 | €2,734 | +€1,826 | +201.0% |
| Recurring financial income | 75 | €909 | €2,734 | +€1,826 | +201.0% |
| Financial charges | 65/66B | €2,110 | €3,023 | +€913 | +43.3% |
| Recurring financial charges | 65 | €2,110 | €3,023 | +€913 | +43.3% |
| Profit (loss) for the period before taxes | 9903 | €78,618 | -€47,143 | -€125,761 | |
| Income taxes | 67/77 | €2,223 | €1,053 | -€1,171 | -52.6% |
| Profit (loss) for the period | 9904 | €76,395 | -€48,196 | -€124,591 | |
| Profit (loss) for the period to be appropriated | 9905 | €76,395 | -€48,196 | -€124,591 |
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 7 October 2026 via checked.be.