FADERE: 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.
FADERE
Largest movements
- Stocks and contracts +€9,626
up €9,626 (+1.7%), from €568,647 to €578,272
- Cash -€6,295
down €6,295 (-52.0%), from €12,096 to €5,801
mainly Net result for the year (-€14,764) and Stocks and contracts (-€9,626)
- Profit (loss) carried forward -€14,764
down €14,764 (-45.1%), from -€32,720 to -€47,484
- Debts after one year +€13,014
up €13,014 (+3.8%), from €346,349 to €359,363
- Other debts +€7,000
up €7,000 (+21.9%), from €32,000 to €39,000
- Gross operating margin -€7,751
down €7,751 (-46.9%), from €16,516 to €8,765
- Financial charges -€4,262
down €4,262 (-16.4%), from €25,992 to €21,730
of which Financial charges: -€6,712
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 | €596,279 | €601,554 | +€5,274 | +0.9% |
| Current assets | 29/58 | €596,279 | €601,554 | +€5,274 | +0.9% |
| Stocks and contracts in progress | 3 | €568,647 | €578,272 | +€9,626 | +1.7% |
| Stocks | 30/36 | €568,647 | €578,272 | +€9,626 | +1.7% |
| Amounts receivable within one year | 40/41 | €15,370 | €17,300 | +€1,930 | +12.6% |
| Other amounts receivable | 41 | €15,370 | €17,300 | +€1,930 | +12.6% |
| Cash at bank and in hand | 54/58 | €12,096 | €5,801 | -€6,295 | -52.0% |
| Deferred charges and accrued income | 490/1 | €167 | €181 | +€14 | +8.5% |
| Total equity and liabilities | 10/49 | €596,279 | €601,554 | +€5,274 | +0.9% |
| Equity | 10/15 | €217,280 | €202,516 | -€14,764 | -6.8% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,720 | -€47,484 | -€14,764 | -45.1% |
| Amounts payable | 17/49 | €378,999 | €399,038 | +€20,039 | +5.3% |
| Amounts payable after more than one year | 17 | €346,349 | €359,363 | +€13,014 | +3.8% |
| Financial debts | 170/4 | €346,349 | €359,363 | +€13,014 | +3.8% |
| Amounts payable within one year | 42/48 | €32,000 | €39,000 | +€7,000 | +21.9% |
| Other amounts payable | 47/48 | €32,000 | €39,000 | +€7,000 | +21.9% |
| Accrued charges and deferred income | 492/3 | €650 | €675 | +€25 | +3.8% |
| Other operating charges | 640/8 | €1,768 | €1,799 | +€32 | +1.8% |
| Gross operating margin | 9900 | €16,516 | €8,765 | -€7,751 | -46.9% |
| Operating profit (loss) | 9901 | €14,748 | €6,965 | -€7,783 | -52.8% |
| Financial charges | 65/66B | €25,992 | €21,730 | -€4,262 | -16.4% |
| Recurring financial charges | 65 | €25,992 | €19,280 | -€6,712 | -25.8% |
| Non-recurring financial charges | 66B | - | €2,450 | +€2,450 | |
| Profit (loss) for the period before taxes | 9903 | -€11,243 | -€14,764 | -€3,521 | -31.3% |
| Profit (loss) for the period | 9904 | -€11,243 | -€14,764 | -€3,521 | -31.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,243 | -€14,764 | -€3,521 | -31.3% |
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 8 October 2026 via checked.be.