FADUC: 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.
FADUC
Largest movements
- Cash -€29,984
down €29,984 (-57.5%), from €52,104 to €22,120
mainly Other debts (-€20,739) and Net result for the year (-€10,244)
- Other debts -€20,739
down €20,739 (-5.3%), from €387,788 to €367,049
- Profit (loss) carried forward -€10,244
down €10,244 (-2.3%), from €452,873 to €442,629
- Gross operating margin -€825,894
down €825,894, from €820,928 to -€4,965
- Taxes -€209,481
no longer reported in 2025 (was €209,481)
- Depreciation -€112,975
no longer reported in 2025 (was €112,975)
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 | €861,347 | €831,449 | -€29,897 | -3.5% |
| Fixed assets | 21/28 | €808,752 | €808,752 | = | 0.0% |
| Tangible fixed assets | 22/27 | €808,752 | €808,752 | = | 0.0% |
| Land and buildings | 22 | €808,752 | €808,752 | = | 0.0% |
| Current assets | 29/58 | €52,595 | €22,698 | -€29,897 | -56.8% |
| Amounts receivable within one year | 40/41 | - | €65 | +€65 | |
| Other amounts receivable | 41 | - | €65 | +€65 | |
| Cash at bank and in hand | 54/58 | €52,104 | €22,120 | -€29,984 | -57.5% |
| Deferred charges and accrued income | 490/1 | €491 | €513 | +€22 | +4.4% |
| Total equity and liabilities | 10/49 | €861,347 | €831,449 | -€29,897 | -3.5% |
| Equity | 10/15 | €473,324 | €463,080 | -€10,244 | -2.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €452,873 | €442,629 | -€10,244 | -2.3% |
| Amounts payable | 17/49 | €388,023 | €368,369 | -€19,653 | -5.1% |
| Amounts payable within one year | 42/48 | €388,023 | €368,369 | -€19,653 | -5.1% |
| Trade debts | 44 | €235 | €90 | -€145 | -61.5% |
| Suppliers | 440/4 | €235 | €90 | -€145 | -61.5% |
| Taxes, remuneration and social security | 45 | - | €1,230 | +€1,230 | |
| Taxes | 450/3 | - | €1,230 | +€1,230 | |
| Other amounts payable | 47/48 | €387,788 | €367,049 | -€20,739 | -5.3% |
| Non-recurring operating income | 76A | €904,164 | - | -€904,164 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €112,975 | - | -€112,975 | |
| Other operating charges | 640/8 | €1,862 | €1,706 | -€156 | -8.4% |
| Gross operating margin | 9900 | €820,928 | -€4,965 | -€825,894 | |
| Operating profit (loss) | 9901 | €706,091 | -€6,672 | -€712,763 | |
| Financial income | 75/76B | €0 | €271 | +€271 | +2710600.0% |
| Recurring financial income | 75 | €0 | €271 | +€271 | +2710600.0% |
| Financial charges | 65/66B | €204 | €3,843 | +€3,640 | +1787.5% |
| Recurring financial charges | 65 | €204 | €3,843 | +€3,640 | +1787.5% |
| Profit (loss) for the period before taxes | 9903 | €705,888 | -€10,244 | -€716,132 | |
| Income taxes | 67/77 | €209,481 | - | -€209,481 | |
| Profit (loss) for the period | 9904 | €496,407 | -€10,244 | -€506,651 | |
| Profit (loss) for the period to be appropriated | 9905 | €496,407 | -€10,244 | -€506,651 |
Source: filed annual accounts (NBB), fiscal years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.