FAGOO PROJECTS: 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.
FAGOO PROJECTS
Largest movements
- Cash -€49,616
down €49,616 (-50.8%), from €97,666 to €48,050
mainly Contributions, distributions and other (-€122,671) and Receivables within one year (-€11,791)
- Receivables within one year +€11,791
up €11,791 (+103%), from €11,495 to €23,286
of which Trade receivables: +€11,495
- Tangible fixed assets -€2,203
down €2,203 (-11.7%), from €18,801 to €16,598
- Reserves -€81,550
down €81,550 (-100%), from €81,550 to €0
- Other debts +€40,640
up €40,640 (+5,019%), from €810 to €41,450
- Trade debts +€9,484
up €9,484 (+1,870%), from €507 to €9,991
- Debts after one year -€6,601
down €6,601 (-59.6%), from €11,080 to €4,479
- Tax, wage and social debts -€2,428
down €2,428 (-9.4%), from €25,924 to €23,496
of which Taxes: -€2,781
- Gross operating margin +€3,558
up €3,558 (+6.0%), from €58,949 to €62,508
- Depreciation +€1,067
up €1,067 (+15.0%), from €7,096 to €8,163
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 | €129,333 | €89,017 | -€40,317 | -31.2% |
| Fixed assets | 21/28 | €18,801 | €16,598 | -€2,203 | -11.7% |
| Tangible fixed assets | 22/27 | €18,801 | €16,598 | -€2,203 | -11.7% |
| Furniture and vehicles | 24 | €18,801 | €16,598 | -€2,203 | -11.7% |
| Current assets | 29/58 | €110,533 | €72,419 | -€38,114 | -34.5% |
| Amounts receivable within one year | 40/41 | €11,495 | €23,286 | +€11,791 | +103% |
| Trade receivables | 40 | €11,495 | €22,990 | +€11,495 | +100% |
| Other amounts receivable | 41 | - | €296 | +€296 | |
| Cash at bank and in hand | 54/58 | €97,666 | €48,050 | -€49,616 | -50.8% |
| Deferred charges and accrued income | 490/1 | €1,371 | €1,083 | -€288 | -21.0% |
| Total equity and liabilities | 10/49 | €129,333 | €89,017 | -€40,317 | -31.2% |
| Equity | 10/15 | €84,550 | €3,000 | -€81,550 | -96.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €81,550 | €0 | -€81,550 | -100% |
| Distributable reserves | 133 | €81,550 | €0 | -€81,550 | -100% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €44,783 | €86,017 | +€41,233 | +92.1% |
| Amounts payable after more than one year | 17 | €11,080 | €4,479 | -€6,601 | -59.6% |
| Financial debts | 170/4 | €11,080 | €4,479 | -€6,601 | -59.6% |
| Amounts payable within one year | 42/48 | €33,704 | €81,538 | +€47,834 | +142% |
| Current portion of amounts payable after more than one year | 42 | €6,463 | €6,601 | +€138 | +2.1% |
| Trade debts | 44 | €507 | €9,991 | +€9,484 | +1,870% |
| Suppliers | 440/4 | €507 | €9,991 | +€9,484 | +1,870% |
| Taxes, remuneration and social security | 45 | €25,924 | €23,496 | -€2,428 | -9.4% |
| Taxes | 450/3 | €23,591 | €20,810 | -€2,781 | -11.8% |
| Remuneration and social security | 454/9 | €2,333 | €2,686 | +€353 | +15.1% |
| Other amounts payable | 47/48 | €810 | €41,450 | +€40,640 | +5,019% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,096 | €8,163 | +€1,067 | +15.0% |
| Other operating charges | 640/8 | €757 | €1,157 | +€400 | +52.8% |
| Gross operating margin | 9900 | €58,949 | €62,508 | +€3,558 | +6.0% |
| Operating profit (loss) | 9901 | €51,096 | €53,188 | +€2,092 | +4.1% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €635 | €363 | -€272 | -42.8% |
| Recurring financial charges | 65 | €635 | €363 | -€272 | -42.8% |
| Profit (loss) for the period before taxes | 9903 | €50,461 | €52,825 | +€2,364 | +4.7% |
| Income taxes | 67/77 | €11,276 | €11,704 | +€428 | +3.8% |
| Profit (loss) for the period | 9904 | €39,185 | €41,120 | +€1,936 | +4.9% |
| Profit (loss) for the period to be appropriated | 9905 | €39,185 | €41,120 | +€1,936 | +4.9% |
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 23 October 2026 via checked.be.