FARDIL: 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.
FARDIL
Largest movements
- Stocks and contracts +€61,938
up €61,938 (+21.6%), from €287,033 to €348,971
- Cash +€47,948
up €47,948 (+48.2%), from €99,548 to €147,497
mainly Trade debts (+€123,774) and Net result for the year (+€117,342)
- Tangible fixed assets -€26,794
down €26,794 (-6.7%), from €402,173 to €375,379
of which Plant, machinery and equipment: -€25,508
- Trade debts +€123,774
up €123,774 (+152.5%), from €81,140 to €204,913
- Reserves +€87,342
up €87,342 (+29.3%), from €298,440 to €385,782
- Other debts -€69,562
down €69,562 (-69.6%), from €100,000 to €30,438
- Debts after one year -€66,334
down €66,334 (-24.6%), from €269,855 to €203,521
- Gross operating margin +€103,493
up €103,493 (+28.9%), from €358,176 to €461,669
- Taxes +€18,917
up €18,917 (+146.9%), from €12,877 to €31,794
- Staff costs +€13,827
up €13,827 (+7.8%), from €178,103 to €191,930
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 | €1,015,055 | €1,095,248 | +€80,193 | +7.9% |
| Fixed assets | 21/28 | €407,173 | €380,379 | -€26,794 | -6.6% |
| Tangible fixed assets | 22/27 | €402,173 | €375,379 | -€26,794 | -6.7% |
| Land and buildings | 22 | €191,190 | €177,533 | -€13,656 | -7.1% |
| Plant, machinery and equipment | 23 | €196,355 | €170,847 | -€25,508 | -13.0% |
| Furniture and vehicles | 24 | €14,629 | €26,999 | +€12,370 | +84.6% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €607,882 | €714,869 | +€106,987 | +17.6% |
| Stocks and contracts in progress | 3 | €287,033 | €348,971 | +€61,938 | +21.6% |
| Stocks | 30/36 | €287,033 | €348,971 | +€61,938 | +21.6% |
| Amounts receivable within one year | 40/41 | €208,498 | €205,395 | -€3,103 | -1.5% |
| Trade receivables | 40 | €132,800 | €186,840 | +€54,040 | +40.7% |
| Other amounts receivable | 41 | €75,698 | €18,555 | -€57,143 | -75.5% |
| Cash at bank and in hand | 54/58 | €99,548 | €147,497 | +€47,948 | +48.2% |
| Deferred charges and accrued income | 490/1 | €12,803 | €13,007 | +€204 | +1.6% |
| Total equity and liabilities | 10/49 | €1,015,055 | €1,095,248 | +€80,193 | +7.9% |
| Equity | 10/15 | €317,032 | €404,374 | +€87,342 | +27.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €298,440 | €385,782 | +€87,342 | +29.3% |
| Distributable reserves | 133 | €298,440 | €385,782 | +€87,342 | +29.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €698,023 | €690,874 | -€7,149 | -1.0% |
| Amounts payable after more than one year | 17 | €269,855 | €203,521 | -€66,334 | -24.6% |
| Financial debts | 170/4 | €269,855 | €203,521 | -€66,334 | -24.6% |
| Amounts payable within one year | 42/48 | €422,781 | €481,876 | +€59,095 | +14.0% |
| Current portion of amounts payable after more than one year | 42 | €65,230 | €66,334 | +€1,105 | +1.7% |
| Financial debts | 43 | €155,000 | €155,000 | = | 0.0% |
| Credit institutions | 430/8 | €155,000 | €155,000 | = | 0.0% |
| Trade debts | 44 | €81,140 | €204,913 | +€123,774 | +152.5% |
| Suppliers | 440/4 | €81,140 | €204,913 | +€123,774 | +152.5% |
| Taxes, remuneration and social security | 45 | €21,412 | €25,190 | +€3,778 | +17.6% |
| Taxes | 450/3 | - | €3,166 | +€3,166 | |
| Remuneration and social security | 454/9 | €21,412 | €22,024 | +€612 | +2.9% |
| Other amounts payable | 47/48 | €100,000 | €30,438 | -€69,562 | -69.6% |
| Accrued charges and deferred income | 492/3 | €5,387 | €5,478 | +€91 | +1.7% |
| Remuneration, social security and pensions | 62 | €178,103 | €191,930 | +€13,827 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €102,264 | €100,453 | -€1,811 | -1.8% |
| Other operating charges | 640/8 | €792 | €629 | -€163 | -20.6% |
| Gross operating margin | 9900 | €358,176 | €461,669 | +€103,493 | +28.9% |
| Operating profit (loss) | 9901 | €77,017 | €168,657 | +€91,640 | +119.0% |
| Financial income | 75/76B | €808 | €550 | -€257 | -31.8% |
| Recurring financial income | 75 | €808 | €550 | -€257 | -31.8% |
| Financial charges | 65/66B | €20,966 | €20,072 | -€894 | -4.3% |
| Recurring financial charges | 65 | €20,966 | €20,072 | -€894 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €56,859 | €149,135 | +€92,277 | +162.3% |
| Income taxes | 67/77 | €12,877 | €31,794 | +€18,917 | +146.9% |
| Profit (loss) for the period | 9904 | €43,982 | €117,342 | +€73,360 | +166.8% |
| Profit (loss) for the period to be appropriated | 9905 | €43,982 | €117,342 | +€73,360 | +166.8% |
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 11 October 2026 via checked.be.