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FASA CONSTRUCT: 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

FASA CONSTRUCT

BE 0741.621.121
NACE 41.001, General construction of residential buildings
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€3,341
2024 · -€418+€3,759
Equity
€16,659
2024 · €13,318+€3,341
Cash
€1,227
2024 · €4,509-€3,282
Balance sheet total
€55,021
2024 · €67,890-€12,869

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€15,645

    down €15,645 (-35.3%), from €44,283 to €28,638

    of which Furniture and vehicles: -€16,076

  • Receivables within one year +€5,614

    up €5,614 (+30.9%), from €18,159 to €23,773

    of which Trade receivables: +€4,524

  • Cash -€3,282

    down €3,282 (-72.8%), from €4,509 to €1,227

    mainly Debts after one year (-€16,786) and Receivables within one year (-€5,614)

Equity and liabilities
  • Debts after one year -€16,786

    down €16,786 (-52.9%), from €31,751 to €14,965

  • Profit (loss) carried forward +€3,341

    up €3,341 (+40.2%), from €8,318 to €11,659

  • Other debts -€2,618

    no longer reported in 2025 (was €2,618)

  • Short-term financial debts +€1,709

    new in 2025: €1,709

  • Current portion of long-term debt +€1,250

    up €1,250 (+7.7%), from €16,339 to €17,589

Income statement
  • Depreciation -€4,742

    down €4,742 (-20.1%), from €23,551 to €18,809

  • Gross operating margin -€578

    down €578 (-2.0%), from €28,606 to €28,028

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 -€418
Gross operating margin -€578
Depreciation +€4,742
Other operating charges +€63
Financial income -€1
Financial charges -€189
Taxes -€278
Result 2025 €3,341

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 +€13,709
Investment -€3,164
Financing -€13,827
Cash 2024 €4,509
Net result for the year +€3,341
Depreciation +€18,809
Receivables within one year -€5,614
Deferred charges and accrued income -€444
Trade debts -€62
Tax, wage and social debts +€297
Other debts -€2,618
Investment in fixed assets (net) -€3,164
Debts after one year -€16,786
Current portion of long-term debt +€1,250
Short-term financial debts +€1,709
Contributions, distributions and other +€0
Cash 2025 €1,227
Every line side by side 40 lines
Line Code 2024 2025 Change %
Total assets 20/58 €67,890 €55,021 -€12,869 -19.0%
Fixed assets 21/28 €44,489 €28,844 -€15,645 -35.2%
Tangible fixed assets 22/27 €44,283 €28,638 -€15,645 -35.3%
Plant, machinery and equipment 23 €2,123 €2,554 +€431 +20.3%
Furniture and vehicles 24 €42,160 €26,084 -€16,076 -38.1%
Financial fixed assets 28 €206 €206 -€0 -0.1%
Current assets 29/58 €23,401 €26,177 +€2,776 +11.9%
Amounts receivable within one year 40/41 €18,159 €23,773 +€5,614 +30.9%
Trade receivables 40 €13,000 €17,524 +€4,524 +34.8%
Other amounts receivable 41 €5,159 €6,249 +€1,090 +21.1%
Cash at bank and in hand 54/58 €4,509 €1,227 -€3,282 -72.8%
Deferred charges and accrued income 490/1 €733 €1,177 +€444 +60.6%
Total equity and liabilities 10/49 €67,890 €55,021 -€12,869 -19.0%
Equity 10/15 €13,318 €16,659 +€3,341 +25.1%
Contributions 10/11 €5,000 €5,000 = 0.0%
Profit (loss) carried forward 14 €8,318 €11,659 +€3,341 +40.2%
Amounts payable 17/49 €54,572 €38,362 -€16,210 -29.7%
Amounts payable after more than one year 17 €31,751 €14,965 -€16,786 -52.9%
Financial debts 170/4 €31,751 €14,965 -€16,786 -52.9%
Amounts payable within one year 42/48 €22,821 €23,397 +€576 +2.5%
Current portion of amounts payable after more than one year 42 €16,339 €17,589 +€1,250 +7.7%
Financial debts 43 - €1,709 +€1,709
Credit institutions 430/8 - €1,709 +€1,709
Trade debts 44 €601 €539 -€62 -10.4%
Suppliers 440/4 €601 €539 -€62 -10.4%
Taxes, remuneration and social security 45 €3,263 €3,560 +€297 +9.1%
Taxes 450/3 €3,263 €3,560 +€297 +9.1%
Other amounts payable 47/48 €2,618 - -€2,618
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €23,551 €18,809 -€4,742 -20.1%
Other operating charges 640/8 €63 - -€63
Gross operating margin 9900 €28,606 €28,028 -€578 -2.0%
Operating profit (loss) 9901 €4,992 €9,219 +€4,227 +84.7%
Financial income 75/76B €7 €6 -€1 -14.0%
Recurring financial income 75 €7 €6 -€1 -14.0%
Financial charges 65/66B €2,135 €2,324 +€189 +8.9%
Recurring financial charges 65 €2,135 €2,324 +€189 +8.9%
Profit (loss) for the period before taxes 9903 €2,864 €6,901 +€4,037 +141.0%
Income taxes 67/77 €3,282 €3,560 +€278 +8.5%
Profit (loss) for the period 9904 -€418 €3,341 +€3,759
Profit (loss) for the period to be appropriated 9905 -€418 €3,341 +€3,759

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.