FADI FR: 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.
FADI FR
Largest movements
- Receivables within one year +€40,640
up €40,640 (+132%), from €30,886 to €71,526
- Financial fixed assets +€12,600
new in 2025: €12,600
- Cash -€2,576
down €2,576 (-68.7%), from €3,747 to €1,171
mainly Receivables within one year (-€40,640) and Investment in fixed assets (net) (-€12,600)
- Other debts +€21,563
up €21,563 (+60.1%), from €35,887 to €57,450
- Tax, wage and social debts +€16,447
up €16,447 (+78.5%), from €20,947 to €37,394
of which Taxes: +€8,788
- Profit (loss) carried forward +€13,053
up €13,053 (+135%), from €9,643 to €22,696
- Purchases and services +€274,770
new in 2025: €274,770
- Staff costs -€16,151
down €16,151 (-29.0%), from €55,663 to €39,512
- Gross operating margin -€12,274
down €12,274 (-18.3%), from €67,054 to €54,780
- Other operating charges +€1,822
new in 2025: €1,822
- Depreciation -€685
no longer reported in 2025 (was €685)
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 | €99,983 | €150,147 | +€50,164 | +50.2% |
| Fixed assets | 21/28 | - | €12,600 | +€12,600 | |
| Financial fixed assets | 28 | - | €12,600 | +€12,600 | |
| Current assets | 29/58 | €99,983 | €137,547 | +€37,564 | +37.6% |
| Stocks and contracts in progress | 3 | €65,350 | €64,850 | -€500 | -0.8% |
| Stocks | 30/36 | €65,350 | €64,850 | -€500 | -0.8% |
| Amounts receivable within one year | 40/41 | €30,886 | €71,526 | +€40,640 | +132% |
| Trade receivables | 40 | €30,886 | €71,526 | +€40,640 | +132% |
| Cash at bank and in hand | 54/58 | €3,747 | €1,171 | -€2,576 | -68.7% |
| Total equity and liabilities | 10/49 | €99,983 | €150,147 | +€50,164 | +50.2% |
| Equity | 10/15 | €19,643 | €32,696 | +€13,053 | +66.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,643 | €22,696 | +€13,053 | +135% |
| Amounts payable | 17/49 | €80,340 | €117,451 | +€37,111 | +46.2% |
| Amounts payable within one year | 42/48 | €80,340 | €117,451 | +€37,111 | +46.2% |
| Trade debts | 44 | €23,506 | €22,563 | -€942 | -4.0% |
| Suppliers | 440/4 | €23,506 | €22,563 | -€942 | -4.0% |
| Advances received on contracts in progress | 46 | - | €44 | +€44 | |
| Taxes, remuneration and social security | 45 | €20,947 | €37,394 | +€16,447 | +78.5% |
| Taxes | 450/3 | €13,224 | €22,013 | +€8,788 | +66.5% |
| Remuneration and social security | 454/9 | €7,723 | €15,381 | +€7,659 | +99.2% |
| Other amounts payable | 47/48 | €35,887 | €57,450 | +€21,563 | +60.1% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €274,770 | +€274,770 | |
| Remuneration, social security and pensions | 62 | €55,663 | €39,512 | -€16,151 | -29.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €685 | - | -€685 | |
| Other operating charges | 640/8 | - | €1,822 | +€1,822 | |
| Gross operating margin | 9900 | €67,054 | €54,780 | -€12,274 | -18.3% |
| Operating profit (loss) | 9901 | €10,706 | €13,446 | +€2,740 | +25.6% |
| Financial charges | 65/66B | €1,063 | €393 | -€670 | -63.1% |
| Recurring financial charges | 65 | €1,063 | €393 | -€670 | -63.1% |
| Profit (loss) for the period before taxes | 9903 | €9,643 | €13,053 | +€3,411 | +35.4% |
| Profit (loss) for the period | 9904 | €9,643 | €13,053 | +€3,411 | +35.4% |
| Profit (loss) for the period to be appropriated | 9905 | €9,643 | €13,053 | +€3,411 | +35.4% |
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 15 October 2026 via checked.be.