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FAKERI: 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.

What changed

FAKERI

BE 0788.944.946
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€13,226
2024 · €8,918+€4,309
Equity
€34,105
2024 · €20,879+€13,226
Cash
€11,163
2024 · €17,809-€6,646
Balance sheet total
€41,340
2024 · €23,299+€18,041

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€18,443

    up €18,443 (+543.1%), from €3,396 to €21,838

  • Receivables within one year +€7,490

    new in 2025: €7,490

    of which Trade receivables: +€7,323

  • Cash -€6,646

    down €6,646 (-37.3%), from €17,809 to €11,163

    mainly Investment in fixed assets (net) (-€23,254) and Receivables within one year (-€7,490)

  • Deferred charges and accrued income -€1,246

    down €1,246 (-59.5%), from €2,094 to €848

Equity and liabilities
  • Profit (loss) carried forward +€13,226

    up €13,226 (+83.3%), from €15,879 to €29,105

  • Tax, wage and social debts +€3,974

    up €3,974 (+177.0%), from €2,246 to €6,220

  • Trade debts +€841

    up €841 (+485.9%), from €173 to €1,015

Income statement
  • Gross operating margin +€10,486

    up €10,486 (+81.5%), from €12,865 to €23,351

  • Depreciation +€3,583

    up €3,583 (+291.6%), from €1,229 to €4,811

  • Taxes +€1,641

    up €1,641 (+73.1%), from €2,246 to €3,887

  • Financial charges +€485

    up €485 (+179.8%), from €269 to €754

  • Other operating charges +€469

    up €469 (+229.4%), from €204 to €673

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €8,918
Gross operating margin +€10,486
Depreciation -€3,583
Other operating charges -€469
Financial charges -€485
Taxes -€1,641
Result 2025 €13,226

Cash bridge derived

cash 2024 to 2025

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.

From operations +€16,608
Investment -€23,254
Financing €0
Cash 2024 €17,809
Net result for the year +€13,226
Depreciation +€4,811
Receivables within one year -€7,490
Deferred charges and accrued income +€1,246
Trade debts +€841
Tax, wage and social debts +€3,974
Other debts -€1
Investment in fixed assets (net) -€23,254
Cash 2025 €11,163
Every line side by side 31 lines
Line Code 2024 2025 Change %
Total assets 20/58 €23,299 €41,340 +€18,041 +77.4%
Fixed assets 21/28 €3,396 €21,838 +€18,443 +543.1%
Tangible fixed assets 22/27 €3,396 €21,838 +€18,443 +543.1%
Furniture and vehicles 24 €3,396 €21,838 +€18,443 +543.1%
Current assets 29/58 €19,903 €19,501 -€402 -2.0%
Amounts receivable within one year 40/41 - €7,490 +€7,490
Trade receivables 40 - €7,323 +€7,323
Other amounts receivable 41 - €166 +€166
Cash at bank and in hand 54/58 €17,809 €11,163 -€6,646 -37.3%
Deferred charges and accrued income 490/1 €2,094 €848 -€1,246 -59.5%
Total equity and liabilities 10/49 €23,299 €41,340 +€18,041 +77.4%
Equity 10/15 €20,879 €34,105 +€13,226 +63.3%
Contributions 10/11 €5,000 €5,000 = 0.0%
Profit (loss) carried forward 14 €15,879 €29,105 +€13,226 +83.3%
Amounts payable 17/49 €2,419 €7,234 +€4,815 +199.0%
Amounts payable within one year 42/48 €2,419 €7,234 +€4,815 +199.0%
Trade debts 44 €173 €1,015 +€841 +485.9%
Suppliers 440/4 €173 €1,015 +€841 +485.9%
Taxes, remuneration and social security 45 €2,246 €6,220 +€3,974 +177.0%
Taxes 450/3 €2,246 €6,220 +€3,974 +177.0%
Other amounts payable 47/48 €1 €0 -€1 -100.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,229 €4,811 +€3,583 +291.6%
Other operating charges 640/8 €204 €673 +€469 +229.4%
Gross operating margin 9900 €12,865 €23,351 +€10,486 +81.5%
Operating profit (loss) 9901 €11,433 €17,867 +€6,434 +56.3%
Financial charges 65/66B €269 €754 +€485 +179.8%
Recurring financial charges 65 €269 €754 +€485 +179.8%
Profit (loss) for the period before taxes 9903 €11,163 €17,113 +€5,950 +53.3%
Income taxes 67/77 €2,246 €3,887 +€1,641 +73.1%
Profit (loss) for the period 9904 €8,918 €13,226 +€4,309 +48.3%
Profit (loss) for the period to be appropriated 9905 €8,918 €13,226 +€4,309 +48.3%

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 29 September 2026 via checked.be.