Fagus Outdoor: 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.
Fagus Outdoor
Largest movements
- Cash +€40,752
up €40,752 (+61.0%), from €66,851 to €107,603
mainly Other debts (+€131,397) and Net result for the year (+€66,812)
- Receivables within one year +€18,267
up €18,267 (+155%), from €11,764 to €30,031
of which Trade receivables: +€18,089
- Other debts +€131,397
up €131,397 (+13,499%), from €973 to €132,370
- Reserves -€88,189
down €88,189 (-100%), from €88,189 to €0
- Tax, wage and social debts +€25,457
up €25,457 (+553%), from €4,606 to €30,063
of which Taxes: +€25,407
- Debts after one year -€13,257
down €13,257 (-51.3%), from €25,865 to €12,608
- Gross operating margin +€36,688
up €36,688 (+47.0%), from €78,030 to €114,717
- Taxes +€6,922
up €6,922 (+72.6%), from €9,539 to €16,460
- Financial charges +€1,805
up €1,805 (+101%), from €1,786 to €3,591
- Depreciation +€1,625
up €1,625 (+6.0%), from €27,295 to €28,919
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 | €136,006 | €192,640 | +€56,634 | +41.6% |
| Fixed assets | 21/28 | €55,480 | €52,920 | -€2,560 | -4.6% |
| Intangible fixed assets | 21 | €13,631 | €11,999 | -€1,632 | -12.0% |
| Tangible fixed assets | 22/27 | €41,809 | €40,882 | -€928 | -2.2% |
| Plant, machinery and equipment | 23 | €26,770 | €30,444 | +€3,674 | +13.7% |
| Furniture and vehicles | 24 | €15,040 | €10,438 | -€4,602 | -30.6% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €80,526 | €139,720 | +€59,194 | +73.5% |
| Stocks and contracts in progress | 3 | €1,473 | €0 | -€1,473 | -100% |
| Stocks | 30/36 | €1,473 | €0 | -€1,473 | -100% |
| Amounts receivable within one year | 40/41 | €11,764 | €30,031 | +€18,267 | +155% |
| Trade receivables | 40 | €11,764 | €29,853 | +€18,089 | +154% |
| Other amounts receivable | 41 | €0 | €178 | +€178 | |
| Cash at bank and in hand | 54/58 | €66,851 | €107,603 | +€40,752 | +61.0% |
| Deferred charges and accrued income | 490/1 | €438 | €2,086 | +€1,648 | +376% |
| Total equity and liabilities | 10/49 | €136,006 | €192,640 | +€56,634 | +41.6% |
| Equity | 10/15 | €91,189 | €3,000 | -€88,189 | -96.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €88,189 | €0 | -€88,189 | -100% |
| Distributable reserves | 133 | €88,189 | €0 | -€88,189 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €44,817 | €189,640 | +€144,823 | +323% |
| Amounts payable after more than one year | 17 | €25,865 | €12,608 | -€13,257 | -51.3% |
| Financial debts | 170/4 | €25,865 | €12,608 | -€13,257 | -51.3% |
| Amounts payable within one year | 42/48 | €18,752 | €177,032 | +€158,280 | +844% |
| Current portion of amounts payable after more than one year | 42 | €12,956 | €13,257 | +€301 | +2.3% |
| Trade debts | 44 | €216 | €1,342 | +€1,126 | +522% |
| Suppliers | 440/4 | €216 | €1,342 | +€1,126 | +522% |
| Taxes, remuneration and social security | 45 | €4,606 | €30,063 | +€25,457 | +553% |
| Taxes | 450/3 | €2,806 | €28,213 | +€25,407 | +905% |
| Remuneration and social security | 454/9 | €1,800 | €1,850 | +€50 | +2.8% |
| Other amounts payable | 47/48 | €973 | €132,370 | +€131,397 | +13,499% |
| Accrued charges and deferred income | 492/3 | €200 | €0 | -€200 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,295 | €28,919 | +€1,625 | +6.0% |
| Other operating charges | 640/8 | €1,017 | €965 | -€52 | -5.1% |
| Gross operating margin | 9900 | €78,030 | €114,717 | +€36,688 | +47.0% |
| Operating profit (loss) | 9901 | €49,718 | €84,833 | +€35,115 | +70.6% |
| Financial income | 75/76B | €931 | €2,030 | +€1,099 | +118% |
| Recurring financial income | 75 | €931 | €2,030 | +€1,099 | +118% |
| Financial charges | 65/66B | €1,786 | €3,591 | +€1,805 | +101% |
| Recurring financial charges | 65 | €1,786 | €3,591 | +€1,805 | +101% |
| Profit (loss) for the period before taxes | 9903 | €48,863 | €83,272 | +€34,409 | +70.4% |
| Income taxes | 67/77 | €9,539 | €16,460 | +€6,922 | +72.6% |
| Profit (loss) for the period | 9904 | €39,324 | €66,812 | +€27,488 | +69.9% |
| Profit (loss) for the period to be appropriated | 9905 | €39,324 | €66,812 | +€27,488 | +69.9% |
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 26 October 2026 via checked.be.