FAGNES EMOTIONS: 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 EMOTIONS
Largest movements
- Tangible fixed assets -€67,138
down €67,138 (-6.6%), from €1.0m to €951,123
of which Land and buildings: -€60,145
- Profit (loss) carried forward -€40,113
down €40,113 (-24.4%), from -€164,669 to -€204,781
- Debts after one year -€18,000
down €18,000 (-1.6%), from €1.1m to €1.1m
- Gross operating margin +€10,759
up €10,759 (+18.6%), from €57,820 to €68,579
- Other operating charges +€1,757
up €1,757 (+43.1%), from €4,080 to €5,837
- Depreciation +€1,532
up €1,532 (+2.1%), from €73,045 to €74,577
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 | €1,019,273 | €958,880 | -€60,394 | -5.9% |
| Fixed assets | 21/28 | €1,018,261 | €951,123 | -€67,138 | -6.6% |
| Tangible fixed assets | 22/27 | €1,018,261 | €951,123 | -€67,138 | -6.6% |
| Land and buildings | 22 | €930,460 | €870,315 | -€60,145 | -6.5% |
| Plant, machinery and equipment | 23 | - | €5,161 | +€5,161 | |
| Furniture and vehicles | 24 | €87,801 | €75,646 | -€12,155 | -13.8% |
| Current assets | 29/58 | €1,012 | €7,757 | +€6,745 | +666% |
| Amounts receivable within one year | 40/41 | - | €5,869 | +€5,869 | |
| Trade receivables | 40 | - | €5,607 | +€5,607 | |
| Other amounts receivable | 41 | - | €262 | +€262 | |
| Cash at bank and in hand | 54/58 | €750 | €1,514 | +€764 | +102% |
| Deferred charges and accrued income | 490/1 | €262 | €374 | +€111 | +42.5% |
| Total equity and liabilities | 10/49 | €1,019,273 | €958,880 | -€60,394 | -5.9% |
| Equity | 10/15 | -€146,069 | -€186,181 | -€40,113 | -27.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€164,669 | -€204,781 | -€40,113 | -24.4% |
| Amounts payable | 17/49 | €1,165,342 | €1,145,061 | -€20,281 | -1.7% |
| Amounts payable after more than one year | 17 | €1,133,000 | €1,115,000 | -€18,000 | -1.6% |
| Other amounts payable | 178/9 | €1,133,000 | €1,115,000 | -€18,000 | -1.6% |
| Amounts payable within one year | 42/48 | €2,760 | €692 | -€2,068 | -74.9% |
| Trade debts | 44 | €59 | €692 | +€633 | +1,075% |
| Suppliers | 440/4 | €59 | €692 | +€633 | +1,075% |
| Advances received on contracts in progress | 46 | €2,701 | - | -€2,701 | |
| Accrued charges and deferred income | 492/3 | €29,582 | €29,369 | -€213 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,045 | €74,577 | +€1,532 | +2.1% |
| Other operating charges | 640/8 | €4,080 | €5,837 | +€1,757 | +43.1% |
| Gross operating margin | 9900 | €57,820 | €68,579 | +€10,759 | +18.6% |
| Operating profit (loss) | 9901 | -€19,304 | -€11,836 | +€7,469 | +38.7% |
| Financial income | 75/76B | €87 | €133 | +€45 | +52.2% |
| Recurring financial income | 75 | €87 | €133 | +€45 | +52.2% |
| Financial charges | 65/66B | €28,775 | €28,410 | -€366 | -1.3% |
| Recurring financial charges | 65 | €28,775 | €28,410 | -€366 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | -€47,993 | -€40,113 | +€7,880 | +16.4% |
| Profit (loss) for the period | 9904 | -€47,993 | -€40,113 | +€7,880 | +16.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€47,993 | -€40,113 | +€7,880 | +16.4% |
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 26 October 2026 via checked.be.