Fait en Fer: 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.
Fait en Fer
Largest movements
- Stocks and contracts +€32,260
new in 2025: €32,260
- Current investments -€30,899
down €30,899 (-18.6%), from €166,412 to €135,513
- Tangible fixed assets +€21,822
up €21,822 (+11.8%), from €185,558 to €207,380
of which Furniture and vehicles: +€37,875
- Receivables within one year -€17,839
down €17,839 (-33.2%), from €53,690 to €35,851
of which Trade receivables: -€21,529
- Reserves +€30,000
up €30,000 (+15.4%), from €195,424 to €225,424
- Other debts -€27,718
down €27,718 (-94.6%), from €29,286 to €1,568
- Trade debts -€12,136
down €12,136 (-48.9%), from €24,834 to €12,698
- Tax, wage and social debts -€11,244
down €11,244 (-67.7%), from €16,612 to €5,368
- Debts after one year +€10,775
up €10,775 (+10.6%), from €101,603 to €112,378
- Gross operating margin -€27,293
down €27,293 (-23.7%), from €115,261 to €87,968
- Taxes -€5,308
down €5,308 (-31.3%), from €16,944 to €11,636
- Depreciation +€4,261
up €4,261 (+16.1%), from €26,470 to €30,731
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €405,660 | €411,355 | +€5,695 | +1.4% |
| Fixed assets | 21/28 | €185,558 | €207,380 | +€21,822 | +11.8% |
| Tangible fixed assets | 22/27 | €185,558 | €207,380 | +€21,822 | +11.8% |
| Land and buildings | 22 | €145,654 | €133,738 | -€11,916 | -8.2% |
| Plant, machinery and equipment | 23 | €17,730 | €13,593 | -€4,137 | -23.3% |
| Furniture and vehicles | 24 | €22,174 | €60,049 | +€37,875 | +171% |
| Current assets | 29/58 | €220,102 | €203,975 | -€16,127 | -7.3% |
| Stocks and contracts in progress | 3 | - | €32,260 | +€32,260 | |
| Contracts in progress | 37 | - | €32,260 | +€32,260 | |
| Amounts receivable within one year | 40/41 | €53,690 | €35,851 | -€17,839 | -33.2% |
| Trade receivables | 40 | €53,466 | €31,937 | -€21,529 | -40.3% |
| Other amounts receivable | 41 | €224 | €3,914 | +€3,690 | +1,647% |
| Current investments | 50/53 | €166,412 | €135,513 | -€30,899 | -18.6% |
| Deferred charges and accrued income | 490/1 | - | €351 | +€351 | |
| Total equity and liabilities | 10/49 | €405,660 | €411,355 | +€5,695 | +1.4% |
| Equity | 10/15 | €215,180 | €253,778 | +€38,598 | +17.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €195,424 | €225,424 | +€30,000 | +15.4% |
| Distributable reserves | 133 | €195,424 | €225,424 | +€30,000 | +15.4% |
| Profit (loss) carried forward | 14 | €1,156 | €9,754 | +€8,598 | +744% |
| Amounts payable | 17/49 | €190,480 | €157,577 | -€32,903 | -17.3% |
| Amounts payable after more than one year | 17 | €101,603 | €112,378 | +€10,775 | +10.6% |
| Financial debts | 170/4 | €101,603 | €112,378 | +€10,775 | +10.6% |
| Amounts payable within one year | 42/48 | €88,877 | €45,199 | -€43,678 | -49.1% |
| Current portion of amounts payable after more than one year | 42 | €18,145 | €25,565 | +€7,420 | +40.9% |
| Trade debts | 44 | €24,834 | €12,698 | -€12,136 | -48.9% |
| Suppliers | 440/4 | €24,834 | €12,698 | -€12,136 | -48.9% |
| Taxes, remuneration and social security | 45 | €16,612 | €5,368 | -€11,244 | -67.7% |
| Taxes | 450/3 | €16,612 | €5,368 | -€11,244 | -67.7% |
| Other amounts payable | 47/48 | €29,286 | €1,568 | -€27,718 | -94.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,470 | €30,731 | +€4,261 | +16.1% |
| Other operating charges | 640/8 | €4,060 | €3,763 | -€297 | -7.3% |
| Gross operating margin | 9900 | €115,261 | €87,968 | -€27,293 | -23.7% |
| Operating profit (loss) | 9901 | €84,731 | €53,474 | -€31,257 | -36.9% |
| Financial income | 75/76B | €1,035 | €293 | -€742 | -71.7% |
| Recurring financial income | 75 | €1,035 | €293 | -€742 | -71.7% |
| Financial charges | 65/66B | €3,327 | €3,533 | +€206 | +6.2% |
| Recurring financial charges | 65 | €3,327 | €3,533 | +€206 | +6.2% |
| Profit (loss) for the period before taxes | 9903 | €82,439 | €50,234 | -€32,205 | -39.1% |
| Income taxes | 67/77 | €16,944 | €11,636 | -€5,308 | -31.3% |
| Profit (loss) for the period | 9904 | €65,495 | €38,598 | -€26,897 | -41.1% |
| Profit (loss) for the period to be appropriated | 9905 | €65,495 | €38,598 | -€26,897 | -41.1% |
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 31 October 2026 via checked.be.