FAFCHAMPS: 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.
FAFCHAMPS
Largest movements
- Cash +€7,170
up €7,170 (+24.0%), from €29,936 to €37,106
mainly Other debts (+€31,552) and Net result for the year (+€18,025)
- Other debts +€31,552
up €31,552 (+315.5%), from €10,000 to €41,552
- Reserves -€14,479
down €14,479 (-6.6%), from €220,807 to €206,329
of which Distributable reserves: -€14,479
- Current portion of long-term debt -€13,743
no longer reported in 2025 (was €13,743)
- Turnover -€75,672
no longer reported in 2025 (was €75,672)
- Purchases and services -€51,478
no longer reported in 2025 (was €51,478)
- Gross operating margin +€2,216
up €2,216 (+7.2%), from €30,584 to €32,799
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 | €285,440 | €290,100 | +€4,661 | +1.6% |
| Fixed assets | 21/28 | €134,227 | €132,031 | -€2,197 | -1.6% |
| Tangible fixed assets | 22/27 | €134,227 | €132,031 | -€2,197 | -1.6% |
| Land and buildings | 22 | €134,227 | €132,031 | -€2,197 | -1.6% |
| Current assets | 29/58 | €151,212 | €158,069 | +€6,857 | +4.5% |
| Amounts receivable within one year | 40/41 | €120,148 | €119,823 | -€325 | -0.3% |
| Trade receivables | 40 | €119,803 | €119,823 | +€20 | 0.0% |
| Other amounts receivable | 41 | €346 | - | -€346 | |
| Cash at bank and in hand | 54/58 | €29,936 | €37,106 | +€7,170 | +24.0% |
| Deferred charges and accrued income | 490/1 | €1,128 | €1,141 | +€13 | +1.1% |
| Total equity and liabilities | 10/49 | €285,440 | €290,100 | +€4,661 | +1.6% |
| Equity | 10/15 | €256,895 | €242,417 | -€14,478 | -5.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €220,807 | €206,329 | -€14,479 | -6.6% |
| Tax-exempt reserves | 132 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €215,807 | €201,329 | -€14,479 | -6.7% |
| Profit (loss) carried forward | 14 | €17,496 | €17,496 | +€0 | 0.0% |
| Amounts payable | 17/49 | €28,544 | €47,683 | +€19,139 | +67.1% |
| Amounts payable within one year | 42/48 | €28,544 | €47,683 | +€19,139 | +67.1% |
| Current portion of amounts payable after more than one year | 42 | €13,743 | - | -€13,743 | |
| Trade debts | 44 | €1,186 | €893 | -€293 | -24.7% |
| Suppliers | 440/4 | €1,186 | €893 | -€293 | -24.7% |
| Taxes, remuneration and social security | 45 | €3,615 | €5,238 | +€1,623 | +44.9% |
| Taxes | 450/3 | €3,615 | €5,238 | +€1,623 | +44.9% |
| Other amounts payable | 47/48 | €10,000 | €41,552 | +€31,552 | +315.5% |
| Turnover | 70 | €75,672 | - | -€75,672 | |
| Goods, raw materials, services and sundry goods | 60/61 | €51,478 | - | -€51,478 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,690 | €5,749 | +€59 | +1.0% |
| Other operating charges | 640/8 | €1,892 | €1,949 | +€57 | +3.0% |
| Gross operating margin | 9900 | €30,584 | €32,799 | +€2,216 | +7.2% |
| Operating profit (loss) | 9901 | €23,001 | €25,101 | +€2,100 | +9.1% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €1,287 | €549 | -€738 | -57.3% |
| Recurring financial charges | 65 | €1,287 | €549 | -€738 | -57.3% |
| Profit (loss) for the period before taxes | 9903 | €21,714 | €24,554 | +€2,840 | +13.1% |
| Income taxes | 67/77 | €6,311 | €6,529 | +€218 | +3.5% |
| Profit (loss) for the period | 9904 | €15,403 | €18,025 | +€2,622 | +17.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,403 | €18,025 | +€2,622 | +17.0% |
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 12 October 2026 via checked.be.