FAIGEL: 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.
FAIGEL
Largest movements
- Tangible fixed assets -€7,366
down €7,366 (-6.5%), from €113,356 to €105,990
of which Land and buildings: -€5,698
- Cash -€6,112
down €6,112 (-97.4%), from €6,272 to €160
mainly Other debts (-€37,461) and Deferred charges and accrued income (-€31)
- Other debts -€37,461
down €37,461 (-20.9%), from €179,287 to €141,826
- Profit (loss) carried forward +€20,769
up €20,769 (+16.5%), from -€125,926 to -€105,157
- Trade debts +€3,245
up €3,245 (+875.2%), from €371 to €3,616
- Gross operating margin +€4,709
up €4,709 (+18.5%), from €25,411 to €30,120
- Other operating charges +€1,022
up €1,022 (+114.7%), from €891 to €1,913
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 | €119,929 | €106,482 | -€13,447 | -11.2% |
| Fixed assets | 21/28 | €113,356 | €105,990 | -€7,366 | -6.5% |
| Tangible fixed assets | 22/27 | €113,356 | €105,990 | -€7,366 | -6.5% |
| Land and buildings | 22 | €109,486 | €103,788 | -€5,698 | -5.2% |
| Plant, machinery and equipment | 23 | €3,870 | €2,202 | -€1,668 | -43.1% |
| Current assets | 29/58 | €6,573 | €492 | -€6,081 | -92.5% |
| Cash at bank and in hand | 54/58 | €6,272 | €160 | -€6,112 | -97.4% |
| Deferred charges and accrued income | 490/1 | €301 | €332 | +€31 | +10.1% |
| Total equity and liabilities | 10/49 | €119,929 | €106,482 | -€13,447 | -11.2% |
| Equity | 10/15 | -€109,728 | -€88,960 | +€20,769 | +18.9% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€125,926 | -€105,157 | +€20,769 | +16.5% |
| Amounts payable | 17/49 | €229,658 | €195,442 | -€34,216 | -14.9% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Financial debts | 170/4 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €179,658 | €145,442 | -€34,216 | -19.0% |
| Trade debts | 44 | €371 | €3,616 | +€3,245 | +875.2% |
| Suppliers | 440/4 | €371 | €3,616 | +€3,245 | +875.2% |
| Other amounts payable | 47/48 | €179,287 | €141,826 | -€37,461 | -20.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,366 | €7,366 | = | 0.0% |
| Other operating charges | 640/8 | €891 | €1,913 | +€1,022 | +114.7% |
| Gross operating margin | 9900 | €25,411 | €30,120 | +€4,709 | +18.5% |
| Operating profit (loss) | 9901 | €17,154 | €20,841 | +€3,687 | +21.5% |
| Financial charges | 65/66B | €72 | €72 | = | 0.0% |
| Recurring financial charges | 65 | €72 | €72 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €17,082 | €20,769 | +€3,687 | +21.6% |
| Profit (loss) for the period | 9904 | €17,082 | €20,769 | +€3,687 | +21.6% |
| Profit (loss) for the period to be appropriated | 9905 | €17,082 | €20,769 | +€3,687 | +21.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.