FADAH: 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.
FADAH
Largest movements
- Tangible fixed assets +€33,946
up €33,946 (+232.1%), from €14,623 to €48,569
of which Furniture and vehicles: +€35,603
- Receivables within one year -€32,235
down €32,235 (-85.8%), from €37,571 to €5,336
of which Other amounts receivable: -€32,235
- Stocks and contracts +€5,315
up €5,315 (+103.5%), from €5,136 to €10,451
- Cash +€2,592
up €2,592 (+567.3%), from €457 to €3,048
mainly Receivables within one year (+€32,235) and Debts after one year (+€30,656)
- Deferred charges and accrued income +€944
up €944 (+150.7%), from €626 to €1,570
- Profit (loss) carried forward -€39,396
down €39,396, from €98 to -€39,297
- Debts after one year +€30,656
up €30,656, from €0 to €30,656
- Trade debts +€11,039
up €11,039 (+924.3%), from €1,194 to €12,233
- Current portion of long-term debt +€4,741
up €4,741 (+161.7%), from €2,931 to €7,672
- Tax, wage and social debts +€3,639
up €3,639 (+47.8%), from €7,613 to €11,253
of which Taxes: +€3,462
- Gross operating margin -€35,986
down €35,986 (-90.2%), from €39,877 to €3,891
- Taxes +€7,980
up €7,980 (+337.2%), from €2,366 to €10,346
- Staff costs -€3,251
down €3,251 (-13.0%), from €25,100 to €21,849
- Depreciation +€2,259
up €2,259 (+30.6%), from €7,385 to €9,644
- Financial income -€1,194
down €1,194 (-66.3%), from €1,800 to €607
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 | €61,855 | €72,417 | +€10,561 | +17.1% |
| Fixed assets | 21/28 | €17,593 | €51,539 | +€33,946 | +192.9% |
| Tangible fixed assets | 22/27 | €14,623 | €48,569 | +€33,946 | +232.1% |
| Land and buildings | 22 | €11,372 | €9,982 | -€1,390 | -12.2% |
| Plant, machinery and equipment | 23 | €267 | €0 | -€267 | -100.0% |
| Furniture and vehicles | 24 | €2,985 | €38,588 | +€35,603 | +1192.8% |
| Financial fixed assets | 28 | €2,970 | €2,970 | = | 0.0% |
| Current assets | 29/58 | €44,262 | €20,877 | -€23,385 | -52.8% |
| Stocks and contracts in progress | 3 | €5,136 | €10,451 | +€5,315 | +103.5% |
| Stocks | 30/36 | €5,136 | €10,451 | +€5,315 | +103.5% |
| Amounts receivable within one year | 40/41 | €37,571 | €5,336 | -€32,235 | -85.8% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €37,571 | €5,336 | -€32,235 | -85.8% |
| Current investments | 50/53 | €472 | €472 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €457 | €3,048 | +€2,592 | +567.3% |
| Deferred charges and accrued income | 490/1 | €626 | €1,570 | +€944 | +150.7% |
| Total equity and liabilities | 10/49 | €61,855 | €72,417 | +€10,561 | +17.1% |
| Equity | 10/15 | €49,998 | €10,603 | -€39,396 | -78.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €31,300 | €31,300 | = | 0.0% |
| Distributable reserves | 133 | €31,300 | €31,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €98 | -€39,297 | -€39,396 | |
| Amounts payable | 17/49 | €11,857 | €61,814 | +€49,957 | +421.3% |
| Amounts payable after more than one year | 17 | €0 | €30,656 | +€30,656 | |
| Financial debts | 170/4 | €0 | €30,656 | +€30,656 | |
| Amounts payable within one year | 42/48 | €11,857 | €31,158 | +€19,301 | +162.8% |
| Current portion of amounts payable after more than one year | 42 | €2,931 | €7,672 | +€4,741 | +161.7% |
| Financial debts | 43 | €118 | €0 | -€118 | -100.0% |
| Credit institutions | 430/8 | €118 | €0 | -€118 | -100.0% |
| Trade debts | 44 | €1,194 | €12,233 | +€11,039 | +924.3% |
| Suppliers | 440/4 | €1,194 | €12,233 | +€11,039 | +924.3% |
| Taxes, remuneration and social security | 45 | €7,613 | €11,253 | +€3,639 | +47.8% |
| Taxes | 450/3 | €6,412 | €9,874 | +€3,462 | +54.0% |
| Remuneration and social security | 454/9 | €1,201 | €1,378 | +€177 | +14.7% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €10,238 | +€10,238 | |
| Remuneration, social security and pensions | 62 | €25,100 | €21,849 | -€3,251 | -13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,385 | €9,644 | +€2,259 | +30.6% |
| Other operating charges | 640/8 | €1,988 | €826 | -€1,163 | -58.5% |
| Gross operating margin | 9900 | €39,877 | €3,891 | -€35,986 | -90.2% |
| Operating profit (loss) | 9901 | €5,404 | -€28,427 | -€33,831 | |
| Financial income | 75/76B | €1,800 | €607 | -€1,194 | -66.3% |
| Recurring financial income | 75 | €1,800 | €607 | -€1,194 | -66.3% |
| Financial charges | 65/66B | €687 | €1,229 | +€543 | +79.0% |
| Recurring financial charges | 65 | €687 | €1,229 | +€543 | +79.0% |
| Profit (loss) for the period before taxes | 9903 | €6,518 | -€29,050 | -€35,567 | |
| Income taxes | 67/77 | €2,366 | €10,346 | +€7,980 | +337.2% |
| Profit (loss) for the period | 9904 | €4,151 | -€39,396 | -€43,547 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,151 | -€39,396 | -€43,547 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.