FAGERHULT: 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.
FAGERHULT
Largest movements
- Cash -€31,210
down €31,210 (-41.1%), from €75,848 to €44,639
mainly Current portion of long-term debt (-€25,000) and Tax, wage and social debts (-€21,733)
- Deferred charges and accrued income -€18,949
no longer reported in 2025 (was €18,949)
- Receivables within one year -€5,037
down €5,037 (-61.4%), from €8,209 to €3,172
of which Other amounts receivable: -€4,037
- Tangible fixed assets -€1,863
down €1,863 (-32.1%), from €5,805 to €3,943
- Current portion of long-term debt -€25,000
no longer reported in 2025 (was €25,000)
- Profit (loss) carried forward +€22,982
up €22,982 (+1.8%), from -€1.3m to -€1.3m
- Tax, wage and social debts -€21,733
down €21,733 (-26.8%), from €81,113 to €59,380
of which Remuneration and social security: -€18,022
- Other debts -€19,993
no longer reported in 2025 (was €19,993)
- Accrued charges and deferred income -€16,779
down €16,779 (-63.7%), from €26,323 to €9,544
- Turnover -€79,500
down €79,500 (-13.3%), from €596,000 to €516,500
- Services and other goods -€52,829
down €52,829 (-28.7%), from €183,903 to €131,074
- Staff costs -€33,841
down €33,841 (-8.6%), from €391,655 to €357,814
- Other operating income -€14,683
no longer reported in 2025 (was €14,683)
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 | €108,812 | €51,753 | -€57,059 | -52.4% |
| Fixed assets | 21/28 | €5,805 | €3,943 | -€1,863 | -32.1% |
| Tangible fixed assets | 22/27 | €5,805 | €3,943 | -€1,863 | -32.1% |
| Plant, machinery and equipment | 23 | €5,805 | €3,943 | -€1,863 | -32.1% |
| Current assets | 29/58 | €103,007 | €47,811 | -€55,196 | -53.6% |
| Amounts receivable within one year | 40/41 | €8,209 | €3,172 | -€5,037 | -61.4% |
| Trade receivables | 40 | €1,000 | - | -€1,000 | |
| Other amounts receivable | 41 | €7,209 | €3,172 | -€4,037 | -56.0% |
| Cash at bank and in hand | 54/58 | €75,848 | €44,639 | -€31,210 | -41.1% |
| Deferred charges and accrued income | 490/1 | €18,949 | - | -€18,949 | |
| Total equity and liabilities | 10/49 | €108,812 | €51,753 | -€57,059 | -52.4% |
| Equity | 10/15 | -€56,085 | -€31,893 | +€24,191 | +43.1% |
| Contributions | 10/11 | €1,169,952 | €1,169,952 | = | 0.0% |
| Capital | 10 | €1,169,952 | €1,169,952 | = | 0.0% |
| Issued capital | 100 | €1,169,952 | €1,169,952 | = | 0.0% |
| Reserves | 13 | €74,313 | €75,523 | +€1,210 | +1.6% |
| Non-distributable reserves | 130/1 | €56,345 | €57,554 | +€1,210 | +2.1% |
| Legal reserve | 130 | €56,345 | €57,554 | +€1,210 | +2.1% |
| Tax-exempt reserves | 132 | €15,514 | €15,514 | = | 0.0% |
| Distributable reserves | 133 | €2,454 | €2,454 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,300,350 | -€1,277,368 | +€22,982 | +1.8% |
| Amounts payable | 17/49 | €164,897 | €83,647 | -€81,250 | -49.3% |
| Amounts payable within one year | 42/48 | €138,574 | €74,102 | -€64,471 | -46.5% |
| Current portion of amounts payable after more than one year | 42 | €25,000 | - | -€25,000 | |
| Trade debts | 44 | €12,467 | €14,722 | +€2,255 | +18.1% |
| Suppliers | 440/4 | €12,467 | €14,722 | +€2,255 | +18.1% |
| Taxes, remuneration and social security | 45 | €81,113 | €59,380 | -€21,733 | -26.8% |
| Taxes | 450/3 | €13,564 | €9,852 | -€3,712 | -27.4% |
| Remuneration and social security | 454/9 | €67,550 | €49,528 | -€18,022 | -26.7% |
| Other amounts payable | 47/48 | €19,993 | - | -€19,993 | |
| Accrued charges and deferred income | 492/3 | €26,323 | €9,544 | -€16,779 | -63.7% |
| Operating income | 70/76A | €610,683 | €516,500 | -€94,183 | -15.4% |
| Turnover | 70 | €596,000 | €516,500 | -€79,500 | -13.3% |
| Other operating income | 74 | €14,683 | - | -€14,683 | |
| Operating charges | 60/66A | €580,008 | €491,151 | -€88,858 | -15.3% |
| Services and other goods | 61 | €183,903 | €131,074 | -€52,829 | -28.7% |
| Remuneration, social security and pensions | 62 | €391,655 | €357,814 | -€33,841 | -8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,177 | €1,863 | -€1,314 | -41.4% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating charges | 66A | €886 | - | -€886 | |
| Operating profit (loss) | 9901 | €30,675 | €25,349 | -€5,325 | -17.4% |
| Financial charges | 65/66B | €2,407 | €642 | -€1,765 | -73.3% |
| Recurring financial charges | 65 | €2,407 | €642 | -€1,765 | -73.3% |
| Debt charges | 650 | €2,150 | €201 | -€1,949 | -90.6% |
| Other financial charges | 652/9 | €257 | €441 | +€183 | +71.3% |
| Profit (loss) for the period before taxes | 9903 | €28,267 | €24,707 | -€3,560 | -12.6% |
| Income taxes | 67/77 | €1,369 | €516 | -€853 | -62.3% |
| Taxes | 670/3 | €1,369 | €516 | -€853 | -62.3% |
| Profit (loss) for the period | 9904 | €26,898 | €24,191 | -€2,707 | -10.1% |
| Profit (loss) for the period to be appropriated | 9905 | €26,898 | €24,191 | -€2,707 | -10.1% |
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 19 October 2026 via checked.be.