FADILI: 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.
FADILI
Largest movements
- Cash -€50,446
down €50,446 (-24.4%), from €206,880 to €156,435
mainly Advances received (-€52,681) and Contributions, distributions and other (-€37,200)
- Receivables within one year -€7,458
down €7,458 (-17.0%), from €43,890 to €36,432
of which Trade receivables: -€15,359
- Tangible fixed assets -€3,238
down €3,238 (-20.8%), from €15,573 to €12,334
- Advances received -€52,681
no longer reported in 2025 (was €52,681)
- Tax, wage and social debts -€7,666
down €7,666 (-15.5%), from €49,404 to €41,737
- Other debts +€5,438
up €5,438 (+231.8%), from €2,345 to €7,783
- Trade debts -€3,187
down €3,187 (-89.7%), from €3,554 to €367
- Reserves -€3,050
down €3,050 (-2.0%), from €155,850 to €152,800
- Gross operating margin -€183,408
down €183,408 (-78.2%), from €234,510 to €51,102
- Taxes -€55,947
down €55,947 (-80.8%), from €69,237 to €13,291
- Depreciation +€2,619
up €2,619 (+422.9%), from €619 to €3,238
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 | €266,342 | €205,201 | -€61,142 | -23.0% |
| Fixed assets | 21/28 | €15,573 | €12,334 | -€3,238 | -20.8% |
| Tangible fixed assets | 22/27 | €15,573 | €12,334 | -€3,238 | -20.8% |
| Furniture and vehicles | 24 | €15,573 | €12,334 | -€3,238 | -20.8% |
| Current assets | 29/58 | €250,770 | €192,866 | -€57,903 | -23.1% |
| Amounts receivable within one year | 40/41 | €43,890 | €36,432 | -€7,458 | -17.0% |
| Trade receivables | 40 | €43,890 | €28,531 | -€15,359 | -35.0% |
| Other amounts receivable | 41 | - | €7,901 | +€7,901 | |
| Cash at bank and in hand | 54/58 | €206,880 | €156,435 | -€50,446 | -24.4% |
| Total equity and liabilities | 10/49 | €266,342 | €205,201 | -€61,142 | -23.0% |
| Equity | 10/15 | €158,358 | €155,313 | -€3,045 | -1.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €155,850 | €152,800 | -€3,050 | -2.0% |
| Distributable reserves | 133 | €155,850 | €152,800 | -€3,050 | -2.0% |
| Profit (loss) carried forward | 14 | €8 | €13 | +€5 | +59.6% |
| Amounts payable | 17/49 | €107,984 | €49,888 | -€58,097 | -53.8% |
| Amounts payable within one year | 42/48 | €107,984 | €49,888 | -€58,097 | -53.8% |
| Trade debts | 44 | €3,554 | €367 | -€3,187 | -89.7% |
| Suppliers | 440/4 | €3,554 | €367 | -€3,187 | -89.7% |
| Advances received on contracts in progress | 46 | €52,681 | - | -€52,681 | |
| Taxes, remuneration and social security | 45 | €49,404 | €41,737 | -€7,666 | -15.5% |
| Taxes | 450/3 | €49,404 | €41,737 | -€7,666 | -15.5% |
| Other amounts payable | 47/48 | €2,345 | €7,783 | +€5,438 | +231.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €619 | €3,238 | +€2,619 | +422.9% |
| Other operating charges | 640/8 | €772 | €408 | -€364 | -47.1% |
| Non-recurring operating charges | 66A | - | €0 | +€0 | |
| Gross operating margin | 9900 | €234,510 | €51,102 | -€183,408 | -78.2% |
| Operating profit (loss) | 9901 | €233,119 | €47,455 | -€185,664 | -79.6% |
| Financial income | 75/76B | - | €35 | +€35 | |
| Recurring financial income | 75 | - | €35 | +€35 | |
| Financial charges | 65/66B | €223 | €45 | -€178 | -79.9% |
| Recurring financial charges | 65 | €223 | €45 | -€178 | -79.9% |
| Profit (loss) for the period before taxes | 9903 | €232,896 | €47,445 | -€185,450 | -79.6% |
| Income taxes | 67/77 | €69,237 | €13,291 | -€55,947 | -80.8% |
| Profit (loss) for the period | 9904 | €163,658 | €34,155 | -€129,503 | -79.1% |
| Profit (loss) for the period to be appropriated | 9905 | €163,658 | €34,155 | -€129,503 | -79.1% |
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 30 September 2026 via checked.be.