FAJA LOBI: 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.
FAJA LOBI
Largest movements
- Tangible fixed assets +€21,585
up €21,585 (+31.5%), from €68,549 to €90,134
of which Land and buildings: +€16,482
- Cash -€21,147
down €21,147 (-56.2%), from €37,659 to €16,512
mainly Net result for the year (-€46,347) and Investment in fixed assets (net) (-€33,706)
- Current investments -€20,000
down €20,000 (-100%), from €20,000 to €0
- Receivables within one year +€17,167
up €17,167 (+1,115%), from €1,540 to €18,707
of which Other amounts receivable: +€14,548
- Deferred charges and accrued income -€13,308
down €13,308 (-100%), from €13,308 to €0
- Profit (loss) carried forward -€46,347
down €46,347, from €28,173 to -€18,173
- Tax, wage and social debts +€28,370
up €28,370 (+52.8%), from €53,762 to €82,131
of which Remuneration and social security: +€34,075
- Current portion of long-term debt +€9,859
new in 2025: €9,859
- Accrued charges and deferred income -€9,681
down €9,681 (-98.5%), from €9,828 to €147
- Debts after one year +€9,334
new in 2025: €9,334
- Staff costs +€93,385
up €93,385 (+19.9%), from €470,120 to €563,505
- Other operating charges +€15,333
up €15,333 (+220%), from €6,956 to €22,288
- Gross operating margin +€12,269
up €12,269 (+2.2%), from €547,978 to €560,247
- Taxes -€11,445
down €11,445, from €9,800 to -€1,645
- Depreciation +€6,621
up €6,621 (+108%), from €6,127 to €12,748
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 | €144,171 | €129,664 | -€14,507 | -10.1% |
| Formation expenses | 20 | €628 | €0 | -€628 | -100% |
| Fixed assets | 21/28 | €69,041 | €90,626 | +€21,585 | +31.3% |
| Tangible fixed assets | 22/27 | €68,549 | €90,134 | +€21,585 | +31.5% |
| Land and buildings | 22 | €50,011 | €66,493 | +€16,482 | +33.0% |
| Plant, machinery and equipment | 23 | €3,096 | €8,861 | +€5,764 | +186% |
| Furniture and vehicles | 24 | €755 | €1,041 | +€286 | +37.9% |
| Other tangible fixed assets | 26 | €14,686 | €13,739 | -€948 | -6.5% |
| Financial fixed assets | 28 | €493 | €493 | = | 0.0% |
| Current assets | 29/58 | €74,502 | €39,038 | -€35,464 | -47.6% |
| Stocks and contracts in progress | 3 | €1,996 | €3,819 | +€1,823 | +91.4% |
| Stocks | 30/36 | €1,996 | €3,819 | +€1,823 | +91.4% |
| Amounts receivable within one year | 40/41 | €1,540 | €18,707 | +€17,167 | +1,115% |
| Trade receivables | 40 | €447 | €3,065 | +€2,618 | +586% |
| Other amounts receivable | 41 | €1,093 | €15,641 | +€14,548 | +1,331% |
| Current investments | 50/53 | €20,000 | €0 | -€20,000 | -100% |
| Cash at bank and in hand | 54/58 | €37,659 | €16,512 | -€21,147 | -56.2% |
| Deferred charges and accrued income | 490/1 | €13,308 | €0 | -€13,308 | -100% |
| Total equity and liabilities | 10/49 | €144,171 | €129,664 | -€14,507 | -10.1% |
| Equity | 10/15 | €34,373 | -€11,973 | -€46,347 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,173 | -€18,173 | -€46,347 | |
| Amounts payable | 17/49 | €109,797 | €141,637 | +€31,840 | +29.0% |
| Amounts payable after more than one year | 17 | - | €9,334 | +€9,334 | |
| Financial debts | 170/4 | - | €9,334 | +€9,334 | |
| Amounts payable within one year | 42/48 | €99,970 | €132,156 | +€32,186 | +32.2% |
| Current portion of amounts payable after more than one year | 42 | - | €9,859 | +€9,859 | |
| Trade debts | 44 | €37,746 | €40,165 | +€2,419 | +6.4% |
| Suppliers | 440/4 | €37,746 | €40,165 | +€2,419 | +6.4% |
| Advances received on contracts in progress | 46 | €676 | €0 | -€676 | -100% |
| Taxes, remuneration and social security | 45 | €53,762 | €82,131 | +€28,370 | +52.8% |
| Taxes | 450/3 | €8,445 | €2,740 | -€5,705 | -67.6% |
| Remuneration and social security | 454/9 | €45,317 | €79,392 | +€34,075 | +75.2% |
| Other amounts payable | 47/48 | €7,786 | €0 | -€7,786 | -100% |
| Accrued charges and deferred income | 492/3 | €9,828 | €147 | -€9,681 | -98.5% |
| Non-recurring operating income | 76A | - | €3,980 | +€3,980 | |
| Remuneration, social security and pensions | 62 | €470,120 | €563,505 | +€93,385 | +19.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,127 | €12,748 | +€6,621 | +108% |
| Other operating charges | 640/8 | €6,956 | €22,288 | +€15,333 | +220% |
| Non-recurring operating charges | 66A | - | €3,682 | +€3,682 | |
| Gross operating margin | 9900 | €547,978 | €560,247 | +€12,269 | +2.2% |
| Operating profit (loss) | 9901 | €64,775 | -€41,977 | -€106,751 | |
| Financial income | 75/76B | €64 | €0 | -€64 | -99.9% |
| Recurring financial income | 75 | €64 | €0 | -€64 | -99.9% |
| Financial charges | 65/66B | €5,728 | €6,016 | +€288 | +5.0% |
| Recurring financial charges | 65 | €5,728 | €6,016 | +€288 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | €59,112 | -€47,992 | -€107,104 | |
| Income taxes | 67/77 | €9,800 | -€1,645 | -€11,445 | |
| Profit (loss) for the period | 9904 | €49,312 | -€46,347 | -€95,658 | |
| Profit (loss) for the period to be appropriated | 9905 | €49,312 | -€46,347 | -€95,658 |
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 17 October 2026 via checked.be.