Facy: 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.
Facy
Largest movements
- Tangible fixed assets +€30,463
up €30,463 (+2.2%), from €1.4m to €1.4m
- Debts after one year +€51,396
up €51,396 (+5.5%), from €926,925 to €978,321
of which Other amounts payable: +€73,896
- Reserves -€17,485
down €17,485 (-17.8%), from €98,206 to €80,721
of which Tax-exempt reserves: -€17,830
- Gross operating margin +€5,500
up €5,500 (+10.3%), from €53,391 to €58,891
- Depreciation +€5,115
up €5,115 (+10.2%), from €50,019 to €55,134
- Financial charges +€1,765
up €1,765 (+11.8%), from €15,013 to €16,778
- Other operating charges -€1,688
down €1,688 (-14.1%), from €11,956 to €10,267
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 | €1,415,312 | €1,447,450 | +€32,137 | +2.3% |
| Fixed assets | 21/28 | €1,407,377 | €1,437,840 | +€30,463 | +2.2% |
| Tangible fixed assets | 22/27 | €1,407,377 | €1,437,840 | +€30,463 | +2.2% |
| Land and buildings | 22 | €1,407,377 | €1,437,840 | +€30,463 | +2.2% |
| Current assets | 29/58 | €7,936 | €9,610 | +€1,674 | +21.1% |
| Amounts receivable within one year | 40/41 | €100 | - | -€100 | |
| Other amounts receivable | 41 | €100 | - | -€100 | |
| Cash at bank and in hand | 54/58 | €7,836 | €9,610 | +€1,774 | +22.6% |
| Total equity and liabilities | 10/49 | €1,415,312 | €1,447,450 | +€32,137 | +2.3% |
| Equity | 10/15 | €277,917 | €260,432 | -€17,485 | -6.3% |
| Contributions | 10/11 | €179,712 | €179,712 | = | 0.0% |
| Reserves | 13 | €98,206 | €80,721 | -€17,485 | -17.8% |
| Tax-exempt reserves | 132 | €87,717 | €69,887 | -€17,830 | -20.3% |
| Distributable reserves | 133 | €10,489 | €10,834 | +€345 | +3.3% |
| Provisions and deferred taxes | 16 | €170,150 | €164,207 | -€5,943 | -3.5% |
| Deferred taxes | 168 | €170,150 | €164,207 | -€5,943 | -3.5% |
| Amounts payable | 17/49 | €967,245 | €1,022,811 | +€55,566 | +5.7% |
| Amounts payable after more than one year | 17 | €926,925 | €978,321 | +€51,396 | +5.5% |
| Financial debts | 170/4 | €399,375 | €376,875 | -€22,500 | -5.6% |
| Advances received on contracts in progress | 176 | €6,809 | €6,809 | = | 0.0% |
| Other amounts payable | 178/9 | €520,741 | €594,637 | +€73,896 | +14.2% |
| Amounts payable within one year | 42/48 | €39,021 | €44,490 | +€5,469 | +14.0% |
| Current portion of amounts payable after more than one year | 42 | €22,500 | €22,500 | = | 0.0% |
| Trade debts | 44 | €16,489 | €20,407 | +€3,918 | +23.8% |
| Suppliers | 440/4 | €16,489 | €20,407 | +€3,918 | +23.8% |
| Taxes, remuneration and social security | 45 | €32 | €1,583 | +€1,551 | +4822.2% |
| Taxes | 450/3 | €32 | €1,583 | +€1,551 | +4822.2% |
| Accrued charges and deferred income | 492/3 | €1,300 | - | -€1,300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,019 | €55,134 | +€5,115 | +10.2% |
| Other operating charges | 640/8 | €11,956 | €10,267 | -€1,688 | -14.1% |
| Gross operating margin | 9900 | €53,391 | €58,891 | +€5,500 | +10.3% |
| Operating profit (loss) | 9901 | -€8,584 | -€6,511 | +€2,072 | +24.1% |
| Financial income | 75/76B | €58 | €6 | -€52 | -89.7% |
| Recurring financial income | 75 | €58 | €6 | -€52 | -89.7% |
| Financial charges | 65/66B | €15,013 | €16,778 | +€1,765 | +11.8% |
| Recurring financial charges | 65 | €15,013 | €16,778 | +€1,765 | +11.8% |
| Profit (loss) for the period before taxes | 9903 | -€23,539 | -€23,283 | +€256 | +1.1% |
| Transfer from deferred taxes | 780 | €5,943 | €5,943 | = | 0.0% |
| Income taxes | 67/77 | €174 | €145 | -€29 | -16.6% |
| Profit (loss) for the period | 9904 | -€17,770 | -€17,485 | +€285 | +1.6% |
| Transfer from tax-exempt reserves | 789 | €17,830 | €17,830 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €60 | €345 | +€285 | +475.9% |
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 7 October 2026 via checked.be.