FAGOTEX: 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.
FAGOTEX
Largest movements
- Tangible fixed assets -€23,193
down €23,193 (-4.4%), from €523,526 to €500,333
- Receivables within one year +€6,718
up €6,718 (+12.3%), from €54,798 to €61,516
of which Other amounts receivable: +€6,718
- Other debts -€76,000
down €76,000 (-48.9%), from €155,469 to €79,469
- Profit (loss) carried forward +€41,903
up €41,903 (+34.2%), from -€122,591 to -€80,688
- Revaluation surpluses -€15,909
down €15,909 (-4.9%), from €327,447 to €311,538
- Reserves +€15,909
up €15,909 (+7.8%), from €203,808 to €219,717
of which Distributable reserves: +€15,909
- Trade debts +€9,954
up €9,954 (+138%), from €7,202 to €17,156
- Gross operating margin +€53,116
up €53,116 (+111%), from €47,771 to €100,887
- Taxes +€14,203
up €14,203 (+152%), from €9,341 to €23,544
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 | €637,081 | €622,832 | -€14,248 | -2.2% |
| Fixed assets | 21/28 | €523,526 | €500,333 | -€23,193 | -4.4% |
| Tangible fixed assets | 22/27 | €523,526 | €500,333 | -€23,193 | -4.4% |
| Land and buildings | 22 | €523,526 | €500,333 | -€23,193 | -4.4% |
| Current assets | 29/58 | €113,555 | €122,500 | +€8,945 | +7.9% |
| Amounts receivable within one year | 40/41 | €54,798 | €61,516 | +€6,718 | +12.3% |
| Trade receivables | 40 | €53,952 | €53,952 | = | 0.0% |
| Other amounts receivable | 41 | €845 | €7,563 | +€6,718 | +795% |
| Cash at bank and in hand | 54/58 | €58,131 | €60,468 | +€2,337 | +4.0% |
| Deferred charges and accrued income | 490/1 | €626 | €516 | -€110 | -17.6% |
| Total equity and liabilities | 10/49 | €637,081 | €622,832 | -€14,248 | -2.2% |
| Equity | 10/15 | €470,164 | €512,067 | +€41,903 | +8.9% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | - | -€61,500 | |
| Issued capital | 100 | €61,500 | - | -€61,500 | |
| Revaluation surpluses | 12 | €327,447 | €311,538 | -€15,909 | -4.9% |
| Reserves | 13 | €203,808 | €219,717 | +€15,909 | +7.8% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €105 | €105 | = | 0.0% |
| Distributable reserves | 133 | €197,553 | €213,462 | +€15,909 | +8.1% |
| Profit (loss) carried forward | 14 | -€122,591 | -€80,688 | +€41,903 | +34.2% |
| Amounts payable | 17/49 | €166,916 | €110,765 | -€56,151 | -33.6% |
| Amounts payable within one year | 42/48 | €166,916 | €110,765 | -€56,151 | -33.6% |
| Trade debts | 44 | €7,202 | €17,156 | +€9,954 | +138% |
| Suppliers | 440/4 | €7,202 | €17,156 | +€9,954 | +138% |
| Taxes, remuneration and social security | 45 | €4,246 | €14,141 | +€9,895 | +233% |
| Taxes | 450/3 | €4,246 | €14,141 | +€9,895 | +233% |
| Other amounts payable | 47/48 | €155,469 | €79,469 | -€76,000 | -48.9% |
| Non-recurring operating income | 76A | €2,075 | - | -€2,075 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,193 | €23,193 | = | 0.0% |
| Other operating charges | 640/8 | €11,641 | €12,129 | +€488 | +4.2% |
| Gross operating margin | 9900 | €47,771 | €100,887 | +€53,116 | +111% |
| Operating profit (loss) | 9901 | €12,937 | €65,565 | +€52,628 | +407% |
| Financial charges | 65/66B | €136 | €119 | -€18 | -12.8% |
| Recurring financial charges | 65 | €136 | €119 | -€18 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | €12,801 | €65,446 | +€52,646 | +411% |
| Income taxes | 67/77 | €9,341 | €23,544 | +€14,203 | +152% |
| Profit (loss) for the period | 9904 | €3,460 | €41,903 | +€38,443 | +1,111% |
| Profit (loss) for the period to be appropriated | 9905 | €3,460 | €41,903 | +€38,443 | +1,111% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.