Fagev Meubles: what changed
What changed
Fagev Meubles
NACE 47.551, Retail sale of household furniture
filed annual accounts (NBB)
Net result for the year
€5,507
2024 · €8,867-€3,359
Equity
€140,717
2024 · €135,210+€5,507
Cash
€18,130
2024 · €7,346+€10,785
Balance sheet total
€370,243
2024 · €321,630+€48,613
Largest movements
Assets
- Receivables within one year +€27,429
up €27,429 (+39.8%), from €68,862 to €96,290
of which Other amounts receivable: +€51,966
- Stocks and contracts +€11,466
up €11,466 (+5.0%), from €231,419 to €242,885
- Cash +€10,785
up €10,785 (+147%), from €7,346 to €18,130
mainly Trade debts (+€29,036) and Other debts (+€13,727)
Equity and liabilities
- Trade debts +€29,036
up €29,036 (+92.1%), from €31,528 to €60,564
- Other debts +€13,727
up €13,727 (+18.6%), from €73,943 to €87,670
- Reserves +€5,507
up €5,507 (+5.0%), from €110,210 to €115,717
of which Distributable reserves: +€5,507
Income statement
- Staff costs +€31,596
up €31,596 (+42.2%), from €74,888 to €106,485
- Gross operating margin +€29,083
up €29,083 (+29.6%), from €98,309 to €127,392
- Financial income -€2,559
down €2,559 (-17.2%), from €14,872 to €12,314
- Taxes -€1,591
down €1,591 (-30.8%), from €5,161 to €3,570
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€8,867
Gross operating margin
+€29,083
Staff costs
-€31,596
Depreciation
+€199
Other operating charges
-€511
Other operating items
+€1,491
Financial income
-€2,559
Financial charges
-€1,057
Taxes
+€1,591
Result 2025
€5,507
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€10,804
Investment
€0
Financing
-€19
Cash 2024
€7,346
From operations (derived)
+€10,804
Net result for the year
+€5,507
Depreciation
+€869
Stocks and contracts
-€11,466
Receivables within one year
-€27,429
Deferred charges and accrued income
+€198
Trade debts
+€29,036
Tax, wage and social debts
+€673
Advances received
-€312
Other debts
+€13,727
Financing
-€19
Short-term financial debts
-€19
Cash 2025
€18,130
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €321,630 | €370,243 | +€48,613 | +15.1% |
| Fixed assets | 21/28 | €3,299 | €2,430 | -€869 | -26.3% |
| Tangible fixed assets | 22/27 | €3,119 | €2,250 | -€869 | -27.9% |
| Land and buildings | 22 | €237 | €1 | -€236 | -99.8% |
| Plant, machinery and equipment | 23 | €2,358 | €2,020 | -€338 | -14.3% |
| Furniture and vehicles | 24 | €524 | €230 | -€294 | -56.2% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €318,331 | €367,813 | +€49,482 | +15.5% |
| Stocks and contracts in progress | 3 | €231,419 | €242,885 | +€11,466 | +5.0% |
| Stocks | 30/36 | €231,419 | €242,885 | +€11,466 | +5.0% |
| Amounts receivable within one year | 40/41 | €68,862 | €96,290 | +€27,429 | +39.8% |
| Trade receivables | 40 | €34,091 | €9,554 | -€24,537 | -72.0% |
| Other amounts receivable | 41 | €34,770 | €86,737 | +€51,966 | +149% |
| Cash at bank and in hand | 54/58 | €7,346 | €18,130 | +€10,785 | +147% |
| Deferred charges and accrued income | 490/1 | €10,705 | €10,508 | -€198 | -1.8% |
| Total equity and liabilities | 10/49 | €321,630 | €370,243 | +€48,613 | +15.1% |
| Equity | 10/15 | €135,210 | €140,717 | +€5,507 | +4.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €110,210 | €115,717 | +€5,507 | +5.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €107,710 | €113,217 | +€5,507 | +5.1% |
| Amounts payable | 17/49 | €186,420 | €229,526 | +€43,106 | +23.1% |
| Amounts payable within one year | 42/48 | €186,420 | €229,526 | +€43,106 | +23.1% |
| Financial debts | 43 | €10,627 | €10,608 | -€19 | -0.2% |
| Credit institutions | 430/8 | €10,627 | €10,608 | -€19 | -0.2% |
| Trade debts | 44 | €31,528 | €60,564 | +€29,036 | +92.1% |
| Suppliers | 440/4 | €31,528 | €60,564 | +€29,036 | +92.1% |
| Advances received on contracts in progress | 46 | €53,104 | €52,792 | -€312 | -0.6% |
| Taxes, remuneration and social security | 45 | €17,219 | €17,893 | +€673 | +3.9% |
| Taxes | 450/3 | €8,300 | €4,062 | -€4,238 | -51.1% |
| Remuneration and social security | 454/9 | €8,919 | €13,830 | +€4,911 | +55.1% |
| Other amounts payable | 47/48 | €73,943 | €87,670 | +€13,727 | +18.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €810 | €0 | -€810 | -100% |
| Remuneration, social security and pensions | 62 | €74,888 | €106,485 | +€31,596 | +42.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,067 | €869 | -€199 | -18.6% |
| Other operating charges | 640/8 | €19,307 | €19,818 | +€511 | +2.6% |
| Non-recurring operating charges | 66A | €1,521 | €30 | -€1,491 | -98.0% |
| Gross operating margin | 9900 | €98,309 | €127,392 | +€29,083 | +29.6% |
| Operating profit (loss) | 9901 | €1,525 | €190 | -€1,335 | -87.5% |
| Financial income | 75/76B | €14,872 | €12,314 | -€2,559 | -17.2% |
| Recurring financial income | 75 | €14,872 | €12,314 | -€2,559 | -17.2% |
| Financial charges | 65/66B | €2,370 | €3,427 | +€1,057 | +44.6% |
| Recurring financial charges | 65 | €2,370 | €3,427 | +€1,057 | +44.6% |
| Profit (loss) for the period before taxes | 9903 | €14,028 | €9,078 | -€4,950 | -35.3% |
| Income taxes | 67/77 | €5,161 | €3,570 | -€1,591 | -30.8% |
| Profit (loss) for the period | 9904 | €8,867 | €5,507 | -€3,359 | -37.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,867 | €5,507 | -€3,359 | -37.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.