FAGOO: 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.
FAGOO
Largest movements
- Receivables within one year +€71,207
up €71,207 (+52.2%), from €136,395 to €207,601
of which Trade receivables: +€73,793
- Current investments -€68,632
down €68,632 (-23.4%), from €293,638 to €225,005
- Cash +€56,465
up €56,465 (+19.5%), from €290,283 to €346,747
mainly Current investments (+€68,632) and Depreciation (+€50,169)
- Tangible fixed assets -€26,931
down €26,931 (-17.9%), from €150,722 to €123,791
of which Plant, machinery and equipment: -€14,672
- Reserves +€46,008
up €46,008 (+6.7%), from €683,460 to €729,468
- Debts after one year -€21,613
down €21,613 (-26.0%), from €83,212 to €61,599
- Tax, wage and social debts +€21,288
up €21,288 (+109.9%), from €19,372 to €40,660
of which Taxes: +€17,289
- Trade debts -€17,403
down €17,403 (-31.8%), from €54,766 to €37,363
- Staff costs +€36,398
up €36,398 (+13.6%), from €266,895 to €303,293
- Gross operating margin +€14,393
up €14,393 (+3.5%), from €413,659 to €428,052
- Depreciation +€11,157
up €11,157 (+28.6%), from €39,011 to €50,169
- Other operating charges -€5,999
down €5,999 (-56.8%), from €10,560 to €4,562
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 | €895,052 | €922,715 | +€27,662 | +3.1% |
| Fixed assets | 21/28 | €150,722 | €123,791 | -€26,931 | -17.9% |
| Tangible fixed assets | 22/27 | €150,722 | €123,791 | -€26,931 | -17.9% |
| Plant, machinery and equipment | 23 | €40,021 | €25,349 | -€14,672 | -36.7% |
| Furniture and vehicles | 24 | €110,700 | €98,442 | -€12,259 | -11.1% |
| Current assets | 29/58 | €744,331 | €798,924 | +€54,593 | +7.3% |
| Stocks and contracts in progress | 3 | €24,016 | €19,570 | -€4,446 | -18.5% |
| Contracts in progress | 37 | €24,016 | €19,570 | -€4,446 | -18.5% |
| Amounts receivable within one year | 40/41 | €136,395 | €207,601 | +€71,207 | +52.2% |
| Trade receivables | 40 | €114,005 | €187,798 | +€73,793 | +64.7% |
| Other amounts receivable | 41 | €22,390 | €19,804 | -€2,586 | -11.6% |
| Current investments | 50/53 | €293,638 | €225,005 | -€68,632 | -23.4% |
| Cash at bank and in hand | 54/58 | €290,283 | €346,747 | +€56,465 | +19.5% |
| Total equity and liabilities | 10/49 | €895,052 | €922,715 | +€27,662 | +3.1% |
| Equity | 10/15 | €695,860 | €741,868 | +€46,008 | +6.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €683,460 | €729,468 | +€46,008 | +6.7% |
| Distributable reserves | 133 | €683,460 | €729,468 | +€46,008 | +6.7% |
| Amounts payable | 17/49 | €199,192 | €180,847 | -€18,345 | -9.2% |
| Amounts payable after more than one year | 17 | €83,212 | €61,599 | -€21,613 | -26.0% |
| Financial debts | 170/4 | €83,212 | €61,599 | -€21,613 | -26.0% |
| Amounts payable within one year | 42/48 | €115,981 | €119,248 | +€3,267 | +2.8% |
| Current portion of amounts payable after more than one year | 42 | €36,585 | €37,162 | +€576 | +1.6% |
| Trade debts | 44 | €54,766 | €37,363 | -€17,403 | -31.8% |
| Suppliers | 440/4 | €54,766 | €37,363 | -€17,403 | -31.8% |
| Taxes, remuneration and social security | 45 | €19,372 | €40,660 | +€21,288 | +109.9% |
| Taxes | 450/3 | - | €17,289 | +€17,289 | |
| Remuneration and social security | 454/9 | €19,372 | €23,371 | +€3,999 | +20.6% |
| Other amounts payable | 47/48 | €5,257 | €4,063 | -€1,194 | -22.7% |
| Remuneration, social security and pensions | 62 | €266,895 | €303,293 | +€36,398 | +13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,011 | €50,169 | +€11,157 | +28.6% |
| Other operating charges | 640/8 | €10,560 | €4,562 | -€5,999 | -56.8% |
| Gross operating margin | 9900 | €413,659 | €428,052 | +€14,393 | +3.5% |
| Operating profit (loss) | 9901 | €97,192 | €70,029 | -€27,164 | -27.9% |
| Financial income | 75/76B | €722 | €3,294 | +€2,572 | +356.1% |
| Recurring financial income | 75 | €722 | €3,294 | +€2,572 | +356.1% |
| Financial charges | 65/66B | €6,426 | €7,599 | +€1,173 | +18.3% |
| Recurring financial charges | 65 | €6,426 | €7,599 | +€1,173 | +18.3% |
| Profit (loss) for the period before taxes | 9903 | €91,489 | €65,724 | -€25,765 | -28.2% |
| Income taxes | 67/77 | €22,926 | €19,716 | -€3,210 | -14.0% |
| Profit (loss) for the period | 9904 | €68,563 | €46,008 | -€22,555 | -32.9% |
| Profit (loss) for the period to be appropriated | 9905 | €68,563 | €46,008 | -€22,555 | -32.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.