Fagocom: what changed
Two fiscal 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.
Fagocom
Largest movements
- Cash +€41,126
up €41,126 (+59.3%), from €69,297 to €110,422
mainly Net result for the year (+€103,289) and Depreciation (+€15,779)
- Tangible fixed assets -€13,870
down €13,870 (-6.9%), from €202,195 to €188,325
of which Land and buildings: -€9,887
- Reserves +€24,104
up €24,104 (+4.8%), from €502,722 to €526,826
- Debts after one year -€8,822
down €8,822 (-11.3%), from €77,971 to €69,150
- Financial income -€8,703
down €8,703 (-99.8%), from €8,724 to €21
- Other operating charges -€7,684
down €7,684 (-73.0%), from €10,523 to €2,840
- Financial charges -€6,310
down €6,310 (-78.5%), from €8,040 to €1,730
- Taxes +€3,790
up €3,790 (+8.3%), from €45,856 to €49,646
- Gross operating margin +€2,466
up €2,466 (+1.4%), from €170,797 to €173,263
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 | €674,428 | €699,693 | +€25,265 | +3.7% |
| Fixed assets | 21/28 | €202,195 | €188,325 | -€13,870 | -6.9% |
| Tangible fixed assets | 22/27 | €202,195 | €188,325 | -€13,870 | -6.9% |
| Land and buildings | 22 | €184,151 | €174,264 | -€9,887 | -5.4% |
| Furniture and vehicles | 24 | €18,044 | €14,061 | -€3,983 | -22.1% |
| Current assets | 29/58 | €472,234 | €511,368 | +€39,134 | +8.3% |
| Amounts receivable within one year | 40/41 | €28,754 | €24,652 | -€4,102 | -14.3% |
| Trade receivables | 40 | €23,958 | €24,649 | +€691 | +2.9% |
| Other amounts receivable | 41 | €4,796 | €3 | -€4,793 | -99.9% |
| Current investments | 50/53 | €369,047 | €369,047 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €69,297 | €110,422 | +€41,126 | +59.3% |
| Deferred charges and accrued income | 490/1 | €5,136 | €7,247 | +€2,111 | +41.1% |
| Total equity and liabilities | 10/49 | €674,428 | €699,693 | +€25,265 | +3.7% |
| Equity | 10/15 | €507,722 | €531,826 | +€24,104 | +4.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €502,722 | €526,826 | +€24,104 | +4.8% |
| Distributable reserves | 133 | €502,722 | €526,826 | +€24,104 | +4.8% |
| Amounts payable | 17/49 | €166,706 | €167,868 | +€1,161 | +0.7% |
| Amounts payable after more than one year | 17 | €77,971 | €69,150 | -€8,822 | -11.3% |
| Financial debts | 170/4 | €77,971 | €69,150 | -€8,822 | -11.3% |
| Amounts payable within one year | 42/48 | €88,735 | €98,718 | +€9,983 | +11.3% |
| Current portion of amounts payable after more than one year | 42 | €8,658 | €8,822 | +€164 | +1.9% |
| Financial debts | 43 | €399 | €225 | -€174 | -43.5% |
| Credit institutions | 430/8 | €399 | €225 | -€174 | -43.5% |
| Trade debts | 44 | €1,179 | €1,903 | +€724 | +61.4% |
| Suppliers | 440/4 | €1,179 | €1,903 | +€724 | +61.4% |
| Taxes, remuneration and social security | 45 | €5,463 | €7,900 | +€2,437 | +44.6% |
| Taxes | 450/3 | €5,463 | €7,900 | +€2,437 | +44.6% |
| Other amounts payable | 47/48 | €73,037 | €79,868 | +€6,831 | +9.4% |
| Non-recurring operating income | 76A | €4,525 | - | -€4,525 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,108 | €15,779 | +€670 | +4.4% |
| Other operating charges | 640/8 | €10,523 | €2,840 | -€7,684 | -73.0% |
| Gross operating margin | 9900 | €170,797 | €173,263 | +€2,466 | +1.4% |
| Operating profit (loss) | 9901 | €145,166 | €154,645 | +€9,479 | +6.5% |
| Financial income | 75/76B | €8,724 | €21 | -€8,703 | -99.8% |
| Recurring financial income | 75 | €8,724 | €21 | -€8,703 | -99.8% |
| Financial charges | 65/66B | €8,040 | €1,730 | -€6,310 | -78.5% |
| Recurring financial charges | 65 | €8,040 | €1,730 | -€6,310 | -78.5% |
| Profit (loss) for the period before taxes | 9903 | €145,850 | €152,935 | +€7,086 | +4.9% |
| Income taxes | 67/77 | €45,856 | €49,646 | +€3,790 | +8.3% |
| Profit (loss) for the period | 9904 | €99,994 | €103,289 | +€3,296 | +3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €99,994 | €103,289 | +€3,296 | +3.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.