FASCO: 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.
FASCO
Largest movements
- Tangible fixed assets -€16,446
down €16,446 (-22.9%), from €71,810 to €55,365
of which Land and buildings: -€15,345
- Receivables within one year +€5,895
up €5,895 (+4.1%), from €143,193 to €149,088
of which Other amounts receivable: +€12,482
- Debts after one year -€13,858
down €13,858 (-41.6%), from €33,306 to €19,448
- Other debts +€9,680
up €9,680 (+33.3%), from €29,033 to €38,713
- Tax, wage and social debts -€2,274
down €2,274 (-32.6%), from €6,972 to €4,699
of which Remuneration and social security: -€1,850
- Gross operating margin -€9,255
down €9,255 (-28.4%), from €32,582 to €23,327
- Taxes -€2,009
down €2,009 (-80.7%), from €2,490 to €481
- Depreciation -€480
down €480 (-2.8%), from €16,926 to €16,446
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 | €216,826 | €207,695 | -€9,131 | -4.2% |
| Fixed assets | 21/28 | €71,810 | €55,365 | -€16,446 | -22.9% |
| Tangible fixed assets | 22/27 | €71,810 | €55,365 | -€16,446 | -22.9% |
| Land and buildings | 22 | €70,419 | €55,073 | -€15,345 | -21.8% |
| Plant, machinery and equipment | 23 | €26 | - | -€26 | |
| Furniture and vehicles | 24 | €1,365 | €291 | -€1,074 | -78.7% |
| Current assets | 29/58 | €145,015 | €152,330 | +€7,315 | +5.0% |
| Amounts receivable within one year | 40/41 | €143,193 | €149,088 | +€5,895 | +4.1% |
| Trade receivables | 40 | €14,017 | €7,430 | -€6,587 | -47.0% |
| Other amounts receivable | 41 | €129,176 | €141,658 | +€12,482 | +9.7% |
| Cash at bank and in hand | 54/58 | €1,397 | €2,575 | +€1,177 | +84.3% |
| Deferred charges and accrued income | 490/1 | €424 | €667 | +€242 | +57.1% |
| Total equity and liabilities | 10/49 | €216,826 | €207,695 | -€9,131 | -4.2% |
| Equity | 10/15 | €128,931 | €128,685 | -€246 | -0.2% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €28,931 | €28,931 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,578 | €1,578 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,578 | €1,578 | = | 0.0% |
| Distributable reserves | 133 | €27,353 | €27,353 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€246 | -€246 | |
| Amounts payable | 17/49 | €87,894 | €79,010 | -€8,885 | -10.1% |
| Amounts payable after more than one year | 17 | €33,306 | €19,448 | -€13,858 | -41.6% |
| Financial debts | 170/4 | €33,306 | €19,448 | -€13,858 | -41.6% |
| Amounts payable within one year | 42/48 | €54,588 | €59,562 | +€4,974 | +9.1% |
| Current portion of amounts payable after more than one year | 42 | €14,202 | €13,858 | -€344 | -2.4% |
| Trade debts | 44 | €4,381 | €2,292 | -€2,089 | -47.7% |
| Suppliers | 440/4 | €4,381 | €2,292 | -€2,089 | -47.7% |
| Taxes, remuneration and social security | 45 | €6,972 | €4,699 | -€2,274 | -32.6% |
| Taxes | 450/3 | €5,122 | €4,699 | -€424 | -8.3% |
| Remuneration and social security | 454/9 | €1,850 | - | -€1,850 | |
| Other amounts payable | 47/48 | €29,033 | €38,713 | +€9,680 | +33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,926 | €16,446 | -€480 | -2.8% |
| Other operating charges | 640/8 | €4,227 | €4,530 | +€303 | +7.2% |
| Gross operating margin | 9900 | €32,582 | €23,327 | -€9,255 | -28.4% |
| Operating profit (loss) | 9901 | €11,430 | €2,351 | -€9,078 | -79.4% |
| Financial income | 75/76B | €102 | €170 | +€68 | +66.8% |
| Recurring financial income | 75 | €102 | €170 | +€68 | +66.8% |
| Financial charges | 65/66B | €2,502 | €2,287 | -€215 | -8.6% |
| Recurring financial charges | 65 | €2,502 | €2,287 | -€215 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €9,030 | €235 | -€8,795 | -97.4% |
| Income taxes | 67/77 | €2,490 | €481 | -€2,009 | -80.7% |
| Profit (loss) for the period | 9904 | €6,539 | -€246 | -€6,786 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,539 | -€246 | -€6,786 |
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 4 October 2026 via checked.be.