FAIA: 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.
FAIA
Largest movements
- Cash +€18,399
up €18,399 (+550.4%), from €3,343 to €21,741
mainly Receivables within one year (+€12,565) and Stocks and contracts (+€10,649)
- Receivables within one year -€12,565
down €12,565 (-56.2%), from €22,346 to €9,781
of which Trade receivables: -€17,565
- Stocks and contracts -€10,649
down €10,649 (-64.0%), from €16,626 to €5,978
- Profit (loss) carried forward +€9,905
up €9,905 (+31.6%), from -€31,388 to -€21,483
- Other debts -€7,914
down €7,914 (-40.1%), from €19,715 to €11,802
- Trade debts -€5,328
down €5,328 (-67.6%), from €7,878 to €2,550
- Tax, wage and social debts -€1,075
down €1,075 (-58.6%), from €1,834 to €759
- Gross operating margin +€11,136
up €11,136 (+258.8%), from €4,302 to €15,438
- Financial charges +€3,614
up €3,614 (+6686.0%), from €54 to €3,668
- Other operating charges -€576
down €576 (-52.8%), from €1,091 to €515
- Depreciation +€170
up €170 (+14.4%), from €1,181 to €1,351
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 | €46,106 | €41,684 | -€4,422 | -9.6% |
| Fixed assets | 21/28 | €3,688 | €4,081 | +€392 | +10.6% |
| Tangible fixed assets | 22/27 | €3,688 | €4,081 | +€392 | +10.6% |
| Plant, machinery and equipment | 23 | €2,046 | €2,934 | +€888 | +43.4% |
| Furniture and vehicles | 24 | €1,642 | €1,147 | -€496 | -30.2% |
| Current assets | 29/58 | €42,418 | €37,604 | -€4,814 | -11.3% |
| Stocks and contracts in progress | 3 | €16,626 | €5,978 | -€10,649 | -64.0% |
| Stocks | 30/36 | €16,626 | €5,978 | -€10,649 | -64.0% |
| Amounts receivable within one year | 40/41 | €22,346 | €9,781 | -€12,565 | -56.2% |
| Trade receivables | 40 | €22,346 | €4,781 | -€17,565 | -78.6% |
| Other amounts receivable | 41 | €0 | €5,000 | +€5,000 | |
| Cash at bank and in hand | 54/58 | €3,343 | €21,741 | +€18,399 | +550.4% |
| Deferred charges and accrued income | 490/1 | €102 | €103 | +€1 | +0.8% |
| Total equity and liabilities | 10/49 | €46,106 | €41,684 | -€4,422 | -9.6% |
| Equity | 10/15 | €16,510 | €26,415 | +€9,905 | +60.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €29,298 | €29,298 | = | 0.0% |
| Distributable reserves | 133 | €29,298 | €29,298 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,388 | -€21,483 | +€9,905 | +31.6% |
| Amounts payable | 17/49 | €29,596 | €15,269 | -€14,327 | -48.4% |
| Amounts payable within one year | 42/48 | €29,427 | €15,111 | -€14,316 | -48.7% |
| Trade debts | 44 | €7,878 | €2,550 | -€5,328 | -67.6% |
| Suppliers | 440/4 | €7,878 | €2,550 | -€5,328 | -67.6% |
| Taxes, remuneration and social security | 45 | €1,834 | €759 | -€1,075 | -58.6% |
| Taxes | 450/3 | €1,834 | €759 | -€1,075 | -58.6% |
| Other amounts payable | 47/48 | €19,715 | €11,802 | -€7,914 | -40.1% |
| Accrued charges and deferred income | 492/3 | €168 | €158 | -€10 | -6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,181 | €1,351 | +€170 | +14.4% |
| Other operating charges | 640/8 | €1,091 | €515 | -€576 | -52.8% |
| Gross operating margin | 9900 | €4,302 | €15,438 | +€11,136 | +258.8% |
| Operating profit (loss) | 9901 | €2,030 | €13,573 | +€11,543 | +568.5% |
| Financial income | 75/76B | €9 | €0 | -€9 | -100.0% |
| Recurring financial income | 75 | €9 | €0 | -€9 | -100.0% |
| Financial charges | 65/66B | €54 | €3,668 | +€3,614 | +6686.0% |
| Recurring financial charges | 65 | €54 | €3,668 | +€3,614 | +6686.0% |
| Profit (loss) for the period before taxes | 9903 | €1,985 | €9,905 | +€7,920 | +399.0% |
| Profit (loss) for the period | 9904 | €1,985 | €9,905 | +€7,920 | +399.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,985 | €9,905 | +€7,920 | +399.0% |
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 4 October 2026 via checked.be.