FAGNES CONSTRUCTION: 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.
FAGNES CONSTRUCTION
Largest movements
- Cash -€12,021
down €12,021 (-21.0%), from €57,204 to €45,183
mainly Net result for the year (-€25,021) and Deferred charges and accrued income (-€1,021)
- Receivables within one year -€8,121
down €8,121 (-10.4%), from €78,034 to €69,914
of which Trade receivables: -€9,960
- Tangible fixed assets -€6,817
down €6,817 (-99.2%), from €6,873 to €55
of which Furniture and vehicles: -€6,750
- Profit (loss) carried forward -€25,021
down €25,021 (-423.9%), from -€5,903 to -€30,924
- Gross operating margin -€20,961
down €20,961, from €3,107 to -€17,854
- Depreciation -€552
down €552 (-7.5%), from €7,370 to €6,817
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 | €143,554 | €117,616 | -€25,938 | -18.1% |
| Fixed assets | 21/28 | €6,948 | €130 | -€6,817 | -98.1% |
| Tangible fixed assets | 22/27 | €6,873 | €55 | -€6,817 | -99.2% |
| Plant, machinery and equipment | 23 | €68 | €0 | -€68 | -100.0% |
| Furniture and vehicles | 24 | €6,805 | €55 | -€6,750 | -99.2% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €136,606 | €117,486 | -€19,121 | -14.0% |
| Amounts receivable within one year | 40/41 | €78,034 | €69,914 | -€8,121 | -10.4% |
| Trade receivables | 40 | €78,017 | €68,058 | -€9,960 | -12.8% |
| Other amounts receivable | 41 | €17 | €1,856 | +€1,839 | +10870.5% |
| Cash at bank and in hand | 54/58 | €57,204 | €45,183 | -€12,021 | -21.0% |
| Deferred charges and accrued income | 490/1 | €1,368 | €2,389 | +€1,021 | +74.6% |
| Total equity and liabilities | 10/49 | €143,554 | €117,616 | -€25,938 | -18.1% |
| Equity | 10/15 | €140,315 | €115,294 | -€25,021 | -17.8% |
| Contributions | 10/11 | €146,219 | €146,219 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,903 | -€30,924 | -€25,021 | -423.9% |
| Amounts payable | 17/49 | €3,239 | €2,322 | -€917 | -28.3% |
| Amounts payable within one year | 42/48 | €3,239 | €2,322 | -€917 | -28.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,173 | €454 | -€719 | -61.3% |
| Suppliers | 440/4 | €1,173 | €454 | -€719 | -61.3% |
| Taxes, remuneration and social security | 45 | €237 | €16 | -€222 | -93.4% |
| Taxes | 450/3 | €237 | €16 | -€222 | -93.4% |
| Other amounts payable | 47/48 | €1,828 | €1,852 | +€24 | +1.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,370 | €6,817 | -€552 | -7.5% |
| Other operating charges | 640/8 | €245 | €247 | +€3 | +1.1% |
| Gross operating margin | 9900 | €3,107 | -€17,854 | -€20,961 | |
| Operating profit (loss) | 9901 | -€4,507 | -€24,918 | -€20,411 | -452.9% |
| Financial income | 75/76B | €76 | €0 | -€76 | -100.0% |
| Recurring financial income | 75 | €76 | €0 | -€76 | -100.0% |
| Financial charges | 65/66B | €231 | €103 | -€128 | -55.5% |
| Recurring financial charges | 65 | €231 | €103 | -€128 | -55.5% |
| Profit (loss) for the period before taxes | 9903 | -€4,663 | -€25,021 | -€20,358 | -436.6% |
| Profit (loss) for the period | 9904 | -€4,663 | -€25,021 | -€20,358 | -436.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,663 | -€25,021 | -€20,358 | -436.6% |
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 10 October 2026 via checked.be.