FAETO Management: 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.
FAETO Management
Largest movements
- Current investments +€21,833
up €21,833 (+7.8%), from €279,973 to €301,806
- Cash +€10,066
up €10,066 (+26.2%), from €38,391 to €48,458
mainly Other debts (+€69,007) and Net result for the year (+€57,093)
- Tangible fixed assets -€7,283
down €7,283 (-36.2%), from €20,106 to €12,823
- Receivables within one year -€5,503
down €5,503 (-100.0%), from €5,503 to €0
of which Other amounts receivable: -€5,470
- Other debts +€69,007
up €69,007 (+25.8%), from €267,369 to €336,377
- Profit (loss) carried forward -€40,447
no longer reported in 2025 (was €40,447)
- Tax, wage and social debts -€7,296
down €7,296 (-45.4%), from €16,078 to €8,781
of which Taxes: -€7,296
- Gross operating margin +€27,598
up €27,598 (+77.9%), from €35,433 to €63,030
- Financial income -€8,140
down €8,140 (-27.2%), from €29,973 to €21,833
- Taxes +€3,204
up €3,204 (+23.9%), from €13,378 to €16,581
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 | €345,437 | €364,461 | +€19,024 | +5.5% |
| Fixed assets | 21/28 | €20,806 | €13,523 | -€7,283 | -35.0% |
| Tangible fixed assets | 22/27 | €20,106 | €12,823 | -€7,283 | -36.2% |
| Furniture and vehicles | 24 | €20,106 | €12,823 | -€7,283 | -36.2% |
| Financial fixed assets | 28 | €700 | €700 | = | 0.0% |
| Current assets | 29/58 | €324,631 | €350,939 | +€26,308 | +8.1% |
| Amounts receivable within one year | 40/41 | €5,503 | €0 | -€5,503 | -100.0% |
| Trade receivables | 40 | €33 | - | -€33 | |
| Other amounts receivable | 41 | €5,470 | €0 | -€5,470 | -100.0% |
| Current investments | 50/53 | €279,973 | €301,806 | +€21,833 | +7.8% |
| Cash at bank and in hand | 54/58 | €38,391 | €48,458 | +€10,066 | +26.2% |
| Deferred charges and accrued income | 490/1 | €763 | €675 | -€88 | -11.6% |
| Total equity and liabilities | 10/49 | €345,437 | €364,461 | +€19,024 | +5.5% |
| Equity | 10/15 | €60,907 | €18,600 | -€42,307 | -69.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | €40,447 | - | -€40,447 | |
| Amounts payable | 17/49 | €284,530 | €345,861 | +€61,332 | +21.6% |
| Amounts payable within one year | 42/48 | €284,530 | €345,861 | +€61,332 | +21.6% |
| Financial debts | 43 | €2 | €2 | = | 0.0% |
| Credit institutions | 430/8 | €2 | €2 | = | 0.0% |
| Trade debts | 44 | €1,081 | €701 | -€380 | -35.1% |
| Suppliers | 440/4 | €1,081 | €701 | -€380 | -35.1% |
| Taxes, remuneration and social security | 45 | €16,078 | €8,781 | -€7,296 | -45.4% |
| Taxes | 450/3 | €13,678 | €6,381 | -€7,296 | -53.3% |
| Remuneration and social security | 454/9 | €2,400 | €2,400 | = | 0.0% |
| Other amounts payable | 47/48 | €267,369 | €336,377 | +€69,007 | +25.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,373 | €9,981 | +€608 | +6.5% |
| Other operating charges | 640/8 | €896 | €956 | +€60 | +6.7% |
| Non-recurring operating charges | 66A | €329 | €127 | -€202 | -61.5% |
| Gross operating margin | 9900 | €35,433 | €63,030 | +€27,598 | +77.9% |
| Operating profit (loss) | 9901 | €24,835 | €51,967 | +€27,131 | +109.2% |
| Financial income | 75/76B | €29,973 | €21,833 | -€8,140 | -27.2% |
| Recurring financial income | 75 | €29,973 | €21,833 | -€8,140 | -27.2% |
| Financial charges | 65/66B | €125 | €125 | +€0 | +0.2% |
| Recurring financial charges | 65 | €125 | €125 | +€0 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €54,684 | €73,675 | +€18,991 | +34.7% |
| Income taxes | 67/77 | €13,378 | €16,581 | +€3,204 | +23.9% |
| Profit (loss) for the period | 9904 | €41,306 | €57,093 | +€15,787 | +38.2% |
| Profit (loss) for the period to be appropriated | 9905 | €41,306 | €57,093 | +€15,787 | +38.2% |
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 2 October 2026 via checked.be.