FACYBEL: 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.
FACYBEL
Largest movements
- Receivables within one year -€402,981
down €402,981 (-28.1%), from €1.4m to €1.0m
of which Trade receivables: -€364,194
- Cash +€147,955
up €147,955 (+155%), from €95,593 to €243,548
mainly Receivables within one year (+€402,981) and Net result for the year (+€224,049)
- Tangible fixed assets -€70,620
down €70,620 (-6.0%), from €1.2m to €1.1m
of which Land and buildings: -€44,331
- Stocks and contracts -€47,722
down €47,722 (-6.3%), from €753,700 to €705,978
- Other debts -€383,346
down €383,346 (-91.3%), from €419,952 to €36,606
- Profit (loss) carried forward +€224,049
up €224,049 (+88.9%), from €252,017 to €476,066
- Trade debts -€141,838
down €141,838 (-23.1%), from €614,821 to €472,983
- Tax, wage and social debts -€78,657
down €78,657 (-21.9%), from €358,912 to €280,255
of which Remuneration and social security: -€67,485
- Gross operating margin -€487,740
down €487,740 (-15.4%), from €3.2m to €2.7m
- Staff costs -€359,948
down €359,948 (-14.5%), from €2.5m to €2.1m
- Taxes -€44,959
down €44,959 (-27.1%), from €165,907 to €120,949
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 | €3,499,529 | €3,119,640 | -€379,889 | -10.9% |
| Fixed assets | 21/28 | €1,184,101 | €1,112,101 | -€72,000 | -6.1% |
| Intangible fixed assets | 21 | €13,765 | €12,385 | -€1,380 | -10.0% |
| Tangible fixed assets | 22/27 | €1,170,212 | €1,099,592 | -€70,620 | -6.0% |
| Land and buildings | 22 | €897,750 | €853,419 | -€44,331 | -4.9% |
| Plant, machinery and equipment | 23 | €248,376 | €227,736 | -€20,639 | -8.3% |
| Furniture and vehicles | 24 | €24,087 | €18,437 | -€5,650 | -23.5% |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €2,315,428 | €2,007,539 | -€307,889 | -13.3% |
| Amounts receivable after more than one year | 29 | €1,531 | €219 | -€1,312 | -85.7% |
| Other amounts receivable | 291 | €1,531 | €219 | -€1,312 | -85.7% |
| Stocks and contracts in progress | 3 | €753,700 | €705,978 | -€47,722 | -6.3% |
| Stocks | 30/36 | €753,700 | €705,978 | -€47,722 | -6.3% |
| Amounts receivable within one year | 40/41 | €1,435,447 | €1,032,467 | -€402,981 | -28.1% |
| Trade receivables | 40 | €1,093,067 | €728,872 | -€364,194 | -33.3% |
| Other amounts receivable | 41 | €342,381 | €303,595 | -€38,786 | -11.3% |
| Cash at bank and in hand | 54/58 | €95,593 | €243,548 | +€147,955 | +155% |
| Deferred charges and accrued income | 490/1 | €29,157 | €25,327 | -€3,831 | -13.1% |
| Total equity and liabilities | 10/49 | €3,499,529 | €3,119,640 | -€379,889 | -10.9% |
| Equity | 10/15 | €2,064,700 | €2,288,749 | +€224,049 | +10.9% |
| Contributions | 10/11 | €1,647,894 | €1,647,894 | = | 0.0% |
| Capital | 10 | €1,647,894 | €1,647,894 | = | 0.0% |
| Issued capital | 100 | €1,647,894 | €1,647,894 | = | 0.0% |
| Reserves | 13 | €164,789 | €164,789 | = | 0.0% |
| Non-distributable reserves | 130/1 | €164,789 | €164,789 | = | 0.0% |
| Legal reserve | 130 | €164,789 | €164,789 | = | 0.0% |
| Profit (loss) carried forward | 14 | €252,017 | €476,066 | +€224,049 | +88.9% |
| Provisions and deferred taxes | 16 | €37,843 | €39,562 | +€1,720 | +4.5% |
| Provisions for liabilities and charges | 160/5 | €37,843 | €39,562 | +€1,720 | +4.5% |
| Pensions and similar obligations | 160 | €7,907 | €9,627 | +€1,720 | +21.7% |
| Other liabilities and charges | 164/5 | €29,935 | €29,935 | = | 0.0% |
| Amounts payable | 17/49 | €1,396,986 | €791,329 | -€605,657 | -43.4% |
| Amounts payable within one year | 42/48 | €1,396,047 | €790,685 | -€605,362 | -43.4% |
| Financial debts | 43 | €2,363 | €842 | -€1,521 | -64.4% |
| Credit institutions | 430/8 | €2,363 | - | -€2,363 | |
| Other loans | 439 | - | €842 | +€842 | |
| Trade debts | 44 | €614,821 | €472,983 | -€141,838 | -23.1% |
| Suppliers | 440/4 | €614,821 | €472,983 | -€141,838 | -23.1% |
| Taxes, remuneration and social security | 45 | €358,912 | €280,255 | -€78,657 | -21.9% |
| Taxes | 450/3 | €76,462 | €65,290 | -€11,172 | -14.6% |
| Remuneration and social security | 454/9 | €282,449 | €214,965 | -€67,485 | -23.9% |
| Other amounts payable | 47/48 | €419,952 | €36,606 | -€383,346 | -91.3% |
| Accrued charges and deferred income | 492/3 | €939 | €644 | -€295 | -31.4% |
| Non-recurring operating income | 76A | €195 | €6,251 | +€6,056 | +3,105% |
| Remuneration, social security and pensions | 62 | €2,479,236 | €2,119,288 | -€359,948 | -14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €130,748 | €137,926 | +€7,178 | +5.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €16 | €1,720 | +€1,703 | +10,347% |
| Other operating charges | 640/8 | €74,499 | €74,213 | -€285 | -0.4% |
| Gross operating margin | 9900 | €3,171,670 | €2,683,930 | -€487,740 | -15.4% |
| Operating profit (loss) | 9901 | €487,171 | €350,783 | -€136,388 | -28.0% |
| Financial income | 75/76B | €3,503 | €4,660 | +€1,156 | +33.0% |
| Recurring financial income | 75 | €1,433 | €330 | -€1,103 | -77.0% |
| Non-recurring financial income | 76B | €2,070 | €4,330 | +€2,260 | +109% |
| Financial charges | 65/66B | €34,214 | €10,445 | -€23,769 | -69.5% |
| Recurring financial charges | 65 | €4,115 | €4,230 | +€115 | +2.8% |
| Non-recurring financial charges | 66B | €30,098 | €6,214 | -€23,884 | -79.4% |
| Profit (loss) for the period before taxes | 9903 | €456,461 | €344,998 | -€111,463 | -24.4% |
| Income taxes | 67/77 | €165,907 | €120,949 | -€44,959 | -27.1% |
| Profit (loss) for the period | 9904 | €290,553 | €224,049 | -€66,504 | -22.9% |
| Profit (loss) for the period to be appropriated | 9905 | €290,553 | €224,049 | -€66,504 | -22.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.