FAINI: 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.
FAINI
Largest movements
- Tangible fixed assets +€479,667
up €479,667 (+9167.1%), from €5,233 to €484,900
of which Land and buildings: +€484,421
- Cash -€17,068
down €17,068 (-7.8%), from €219,504 to €202,437
mainly Investment in fixed assets (net) (-€501,125) and Receivables within one year (-€10,000)
- Receivables within one year +€10,000
up €10,000 (+33.3%), from €30,000 to €40,000
- Debts after one year +€387,405
new in 2025: €387,405
- Reserves +€77,764
up €77,764 (+81.1%), from €95,923 to €173,688
- Tax, wage and social debts +€7,570
up €7,570 (+25.3%), from €29,940 to €37,509
of which Taxes: +€7,569
- Gross operating margin +€36,076
up €36,076 (+18.7%), from €192,758 to €228,835
- Staff costs -€19,405
down €19,405 (-19.5%), from €99,725 to €80,320
- Depreciation +€16,704
up €16,704 (+351.4%), from €4,754 to €21,458
- Purchases and services +€15,560
up €15,560 (+47.3%), from €32,868 to €48,428
- Financial charges +€12,395
up €12,395 (+1765.8%), from €702 to €13,097
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 | €255,165 | €727,844 | +€472,679 | +185.2% |
| Fixed assets | 21/28 | €5,233 | €484,900 | +€479,667 | +9167.1% |
| Tangible fixed assets | 22/27 | €5,233 | €484,900 | +€479,667 | +9167.1% |
| Land and buildings | 22 | - | €484,421 | +€484,421 | |
| Other tangible fixed assets | 26 | €5,233 | €479 | -€4,754 | -90.8% |
| Current assets | 29/58 | €249,933 | €242,944 | -€6,989 | -2.8% |
| Amounts receivable within one year | 40/41 | €30,000 | €40,000 | +€10,000 | +33.3% |
| Other amounts receivable | 41 | €30,000 | €40,000 | +€10,000 | +33.3% |
| Cash at bank and in hand | 54/58 | €219,504 | €202,437 | -€17,068 | -7.8% |
| Deferred charges and accrued income | 490/1 | €428 | €508 | +€79 | +18.4% |
| Total equity and liabilities | 10/49 | €255,165 | €727,844 | +€472,679 | +185.2% |
| Equity | 10/15 | €219,402 | €297,167 | +€77,764 | +35.4% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €95,923 | €173,688 | +€77,764 | +81.1% |
| Distributable reserves | 133 | €95,923 | €173,688 | +€77,764 | +81.1% |
| Profit (loss) carried forward | 14 | €115,419 | €115,419 | = | 0.0% |
| Amounts payable | 17/49 | €35,763 | €430,677 | +€394,914 | +1104.3% |
| Amounts payable after more than one year | 17 | - | €387,405 | +€387,405 | |
| Financial debts | 170/4 | - | €387,405 | +€387,405 | |
| Amounts payable within one year | 42/48 | €34,944 | €42,476 | +€7,532 | +21.6% |
| Trade debts | 44 | - | €439 | +€439 | |
| Suppliers | 440/4 | - | €439 | +€439 | |
| Taxes, remuneration and social security | 45 | €29,940 | €37,509 | +€7,570 | +25.3% |
| Taxes | 450/3 | €25,298 | €32,867 | +€7,569 | +29.9% |
| Remuneration and social security | 454/9 | €4,642 | €4,643 | +€1 | 0.0% |
| Other amounts payable | 47/48 | €5,005 | €4,527 | -€477 | -9.5% |
| Accrued charges and deferred income | 492/3 | €819 | €797 | -€22 | -2.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €32,868 | €48,428 | +€15,560 | +47.3% |
| Remuneration, social security and pensions | 62 | €99,725 | €80,320 | -€19,405 | -19.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,754 | €21,458 | +€16,704 | +351.4% |
| Other operating charges | 640/8 | €762 | €5,354 | +€4,592 | +602.9% |
| Gross operating margin | 9900 | €192,758 | €228,835 | +€36,076 | +18.7% |
| Operating profit (loss) | 9901 | €87,518 | €121,703 | +€34,185 | +39.1% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €702 | €13,097 | +€12,395 | +1765.8% |
| Recurring financial charges | 65 | €702 | €13,097 | +€12,395 | +1765.8% |
| Profit (loss) for the period before taxes | 9903 | €86,816 | €108,606 | +€21,790 | +25.1% |
| Income taxes | 67/77 | €24,413 | €30,842 | +€6,429 | +26.3% |
| Profit (loss) for the period | 9904 | €62,403 | €77,764 | +€15,361 | +24.6% |
| Profit (loss) for the period to be appropriated | 9905 | €62,403 | €77,764 | +€15,361 | +24.6% |
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 6 October 2026 via checked.be.