Fakultas: 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.
Fakultas
Largest movements
- Cash +€24,431
up €24,431 (+54.1%), from €45,198 to €69,629
mainly Net result for the year (+€21,566) and Depreciation (+€9,431)
- Tangible fixed assets -€9,431
down €9,431 (-5.1%), from €185,261 to €175,830
- Receivables within one year +€6,642
new in 2025: €6,642
of which Trade receivables: +€3,831
- Reserves +€25,412
up €25,412 (+13.5%), from €187,832 to €213,244
- Profit (loss) carried forward -€3,846
down €3,846 (-15.1%), from €25,412 to €21,566
- Gross operating margin -€7,068
down €7,068 (-14.8%), from €47,864 to €40,796
- Depreciation -€1,572
down €1,572 (-14.3%), from €11,003 to €9,431
- Taxes -€1,282
down €1,282 (-15.1%), from €8,471 to €7,189
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 | €230,459 | €252,101 | +€21,642 | +9.4% |
| Fixed assets | 21/28 | €185,261 | €175,830 | -€9,431 | -5.1% |
| Tangible fixed assets | 22/27 | €185,261 | €175,830 | -€9,431 | -5.1% |
| Land and buildings | 22 | €185,261 | €175,830 | -€9,431 | -5.1% |
| Current assets | 29/58 | €45,198 | €76,271 | +€31,073 | +68.7% |
| Amounts receivable within one year | 40/41 | - | €6,642 | +€6,642 | |
| Trade receivables | 40 | - | €3,831 | +€3,831 | |
| Other amounts receivable | 41 | - | €2,811 | +€2,811 | |
| Cash at bank and in hand | 54/58 | €45,198 | €69,629 | +€24,431 | +54.1% |
| Total equity and liabilities | 10/49 | €230,459 | €252,101 | +€21,642 | +9.4% |
| Equity | 10/15 | €221,676 | €243,242 | +€21,566 | +9.7% |
| Contributions | 10/11 | €8,432 | €8,432 | = | 0.0% |
| Reserves | 13 | €187,832 | €213,244 | +€25,412 | +13.5% |
| Distributable reserves | 133 | €187,832 | €213,244 | +€25,412 | +13.5% |
| Profit (loss) carried forward | 14 | €25,412 | €21,566 | -€3,846 | -15.1% |
| Amounts payable | 17/49 | €8,784 | €8,859 | +€75 | +0.9% |
| Amounts payable within one year | 42/48 | €8,784 | €8,859 | +€75 | +0.9% |
| Trade debts | 44 | €313 | €388 | +€75 | +24.1% |
| Suppliers | 440/4 | €313 | €388 | +€75 | +24.1% |
| Taxes, remuneration and social security | 45 | €8,471 | €8,471 | = | 0.0% |
| Taxes | 450/3 | €8,471 | €8,471 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,003 | €9,431 | -€1,572 | -14.3% |
| Other operating charges | 640/8 | €2,942 | €2,580 | -€362 | -12.3% |
| Gross operating margin | 9900 | €47,864 | €40,796 | -€7,068 | -14.8% |
| Operating profit (loss) | 9901 | €33,920 | €28,785 | -€5,135 | -15.1% |
| Financial charges | 65/66B | €37 | €30 | -€7 | -18.5% |
| Recurring financial charges | 65 | €37 | €30 | -€7 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | €33,883 | €28,755 | -€5,128 | -15.1% |
| Income taxes | 67/77 | €8,471 | €7,189 | -€1,282 | -15.1% |
| Profit (loss) for the period | 9904 | €25,412 | €21,566 | -€3,846 | -15.1% |
| Profit (loss) for the period to be appropriated | 9905 | €25,412 | €21,566 | -€3,846 | -15.1% |
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 9 October 2026 via checked.be.