FAESFOOD: 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.
FAESFOOD
Largest movements
- Receivables within one year -€1,409
down €1,409 (-14.8%), from €9,538 to €8,129
of which Trade receivables: -€3,854
- Cash -€1,282
down €1,282 (-69.3%), from €1,849 to €567
mainly Investment in fixed assets (net) (-€16,421) and Debts after one year (-€11,274)
- Tangible fixed assets +€1,012
up €1,012 (+2.3%), from €43,404 to €44,415
of which Plant, machinery and equipment: +€6,741
- Debts after one year -€11,274
down €11,274 (-68.1%), from €16,553 to €5,279
- Reserves +€10,002
up €10,002 (+132%), from €7,589 to €17,591
- Tax, wage and social debts +€4,878
up €4,878 (+545%), from €895 to €5,774
- Current portion of long-term debt -€4,126
down €4,126 (-26.8%), from €15,400 to €11,274
- Trade debts -€751
down €751 (-58.7%), from €1,278 to €528
- Gross operating margin -€8,557
down €8,557 (-20.5%), from €41,723 to €33,167
- Taxes +€3,973
up €3,973 (+763%), from €521 to €4,494
- Depreciation +€3,925
up €3,925 (+34.2%), from €11,484 to €15,409
- Financial charges -€2,921
down €2,921 (-63.5%), from €4,599 to €1,678
of which Non-recurring financial charges: -€3,058
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 | €55,209 | €53,581 | -€1,628 | -2.9% |
| Fixed assets | 21/28 | €43,404 | €44,415 | +€1,012 | +2.3% |
| Tangible fixed assets | 22/27 | €43,404 | €44,415 | +€1,012 | +2.3% |
| Plant, machinery and equipment | 23 | €7,800 | €14,541 | +€6,741 | +86.4% |
| Furniture and vehicles | 24 | €18,275 | €16,248 | -€2,026 | -11.1% |
| Leasing and similar rights | 25 | €17,329 | €13,626 | -€3,702 | -21.4% |
| Current assets | 29/58 | €11,805 | €9,165 | -€2,640 | -22.4% |
| Stocks and contracts in progress | 3 | €418 | €399 | -€19 | -4.6% |
| Stocks | 30/36 | €418 | €399 | -€19 | -4.6% |
| Amounts receivable within one year | 40/41 | €9,538 | €8,129 | -€1,409 | -14.8% |
| Trade receivables | 40 | €7,838 | €3,984 | -€3,854 | -49.2% |
| Other amounts receivable | 41 | €1,700 | €4,144 | +€2,445 | +144% |
| Cash at bank and in hand | 54/58 | €1,849 | €567 | -€1,282 | -69.3% |
| Deferred charges and accrued income | 490/1 | - | €71 | +€71 | |
| Total equity and liabilities | 10/49 | €55,209 | €53,581 | -€1,628 | -2.9% |
| Equity | 10/15 | €13,789 | €23,791 | +€10,002 | +72.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €7,589 | €17,591 | +€10,002 | +132% |
| Distributable reserves | 133 | €7,589 | €17,591 | +€10,002 | +132% |
| Amounts payable | 17/49 | €41,419 | €29,790 | -€11,630 | -28.1% |
| Amounts payable after more than one year | 17 | €16,553 | €5,279 | -€11,274 | -68.1% |
| Financial debts | 170/4 | €16,553 | €5,279 | -€11,274 | -68.1% |
| Amounts payable within one year | 42/48 | €24,867 | €24,511 | -€356 | -1.4% |
| Current portion of amounts payable after more than one year | 42 | €15,400 | €11,274 | -€4,126 | -26.8% |
| Trade debts | 44 | €1,278 | €528 | -€751 | -58.7% |
| Suppliers | 440/4 | €1,278 | €528 | -€751 | -58.7% |
| Advances received on contracts in progress | 46 | - | €225 | +€225 | |
| Taxes, remuneration and social security | 45 | €895 | €5,774 | +€4,878 | +545% |
| Taxes | 450/3 | €895 | €5,774 | +€4,878 | +545% |
| Other amounts payable | 47/48 | €7,293 | €6,711 | -€582 | -8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,484 | €15,409 | +€3,925 | +34.2% |
| Other operating charges | 640/8 | €1,359 | €1,600 | +€242 | +17.8% |
| Gross operating margin | 9900 | €41,723 | €33,167 | -€8,557 | -20.5% |
| Operating profit (loss) | 9901 | €28,880 | €16,157 | -€12,723 | -44.1% |
| Financial income | 75/76B | €11 | €17 | +€6 | +58.5% |
| Recurring financial income | 75 | €11 | €17 | +€6 | +58.5% |
| Financial charges | 65/66B | €4,599 | €1,678 | -€2,921 | -63.5% |
| Recurring financial charges | 65 | €1,541 | €1,678 | +€138 | +8.9% |
| Non-recurring financial charges | 66B | €3,058 | - | -€3,058 | |
| Profit (loss) for the period before taxes | 9903 | €24,292 | €14,496 | -€9,796 | -40.3% |
| Income taxes | 67/77 | €521 | €4,494 | +€3,973 | +763% |
| Profit (loss) for the period | 9904 | €23,771 | €10,002 | -€13,770 | -57.9% |
| Profit (loss) for the period to be appropriated | 9905 | €23,771 | €10,002 | -€13,770 | -57.9% |
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 16 October 2026 via checked.be.