Fasska: 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.
What changed
Fasska
NACE 46.190, Agents in non-specialised wholesale trade
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.6m
2024 · €2.6m-€1.0m
Equity
€7.1m
2024 · €5.5m+€1.6m
Cash
€6.7m
2024 · €8.4m-€1.7m
Balance sheet total
€12.6m
2024 · €11.9m+€732,114
Largest movements
Assets
- Cash -€1.7m
down €1.7m (-19.9%), from €8.4m to €6.7m
mainly Receivables within one year (-€1.4m) and Stocks and contracts (-€949,080)
- Receivables within one year +€1.4m
up €1.4m (+291.5%), from €490,956 to €1.9m
of which Trade receivables: +€1.1m
- Stocks and contracts +€949,080
up €949,080 (+1226.2%), from €77,398 to €1.0m
Equity and liabilities
- Reserves +€881,652
up €881,652 (+32.4%), from €2.7m to €3.6m
of which Distributable reserves: +€501,798
- Profit (loss) carried forward +€672,233
up €672,233 (+26.1%), from €2.6m to €3.2m
- Advances received -€415,620
down €415,620 (-53.2%), from €781,048 to €365,427
- Trade debts -€413,746
down €413,746 (-7.4%), from €5.6m to €5.1m
Income statement
- Turnover -€10.0m
down €10.0m (-14.9%), from €67.3m to €57.3m
- Goods and materials -€7.9m
down €7.9m (-12.7%), from €62.0m to €54.1m
of which Purchases: -€5.6m
- Services and other goods -€1.0m
down €1.0m (-46.1%), from €2.2m to €1.2m
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.
Result 2024
€2.6m
Turnover
-€10.0m
Other operating income
+€269
Goods and materials
+€7.9m
Services and other goods
+€1.0m
Depreciation
-€1,190
Financial income
-€228,122
Financial charges
+€44
Taxes
+€351,557
Result 2025
€1.6m
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.
From operations
-€1.7m
Investment
-€11,152
Financing
€0
Cash 2024
€8.4m
From operations (derived)
-€1.7m
Net result for the year
+€1.6m
Depreciation
+€17,325
Stocks and contracts
-€949,080
Receivables within one year
-€1.4m
Deferred charges and accrued income
-€19,658
Trade debts
-€413,746
Tax, wage and social debts
+€7,596
Advances received
-€415,620
Investment (derived)
-€11,152
Investment in fixed assets (net)
-€11,152
Cash 2025
€6.7m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,883,362 | €12,615,475 | +€732,114 | +6.2% |
| Fixed assets | 21/28 | €436,918 | €430,745 | -€6,173 | -1.4% |
| Tangible fixed assets | 22/27 | €156,838 | €150,665 | -€6,173 | -3.9% |
| Land and buildings | 22 | €100,659 | €98,544 | -€2,115 | -2.1% |
| Plant, machinery and equipment | 23 | - | €9,962 | +€9,962 | |
| Furniture and vehicles | 24 | €55,506 | €41,486 | -€14,021 | -25.3% |
| Other tangible fixed assets | 26 | €673 | €673 | = | 0.0% |
| Financial fixed assets | 28 | €280,080 | €280,080 | = | 0.0% |
| Affiliated companies | 280/1 | €279,901 | €279,901 | = | 0.0% |
| Participating interests | 280 | €279,901 | €279,901 | = | 0.0% |
| Other financial fixed assets | 284/8 | €179 | €179 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €179 | €179 | = | 0.0% |
| Current assets | 29/58 | €11,446,444 | €12,184,731 | +€738,287 | +6.4% |
| Stocks and contracts in progress | 3 | €77,398 | €1,026,479 | +€949,080 | +1226.2% |
| Stocks | 30/36 | €77,398 | €1,026,479 | +€949,080 | +1226.2% |
| Goods purchased for resale | 34 | €77,398 | €1,026,479 | +€949,080 | +1226.2% |
| Amounts receivable within one year | 40/41 | €490,956 | €1,921,936 | +€1.4m | +291.5% |
| Trade receivables | 40 | €336,719 | €1,471,715 | +€1.1m | +337.1% |
| Other amounts receivable | 41 | €154,237 | €450,221 | +€295,984 | +191.9% |
| Current investments | 50/53 | €2,500,000 | €2,500,000 | = | 0.0% |
| Other investments | 51/53 | €2,500,000 | €2,500,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €8,358,555 | €6,697,125 | -€1.7m | -19.9% |
| Deferred charges and accrued income | 490/1 | €19,534 | €39,192 | +€19,658 | +100.6% |
| Total equity and liabilities | 10/49 | €11,883,362 | €12,615,475 | +€732,114 | +6.2% |
| Equity | 10/15 | €5,541,271 | €7,095,156 | +€1.6m | +28.0% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €2,718,968 | €3,600,620 | +€881,652 | +32.4% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €842,000 | €1,221,854 | +€379,854 | +45.1% |
| Distributable reserves | 133 | €1,851,968 | €2,353,766 | +€501,798 | +27.1% |
| Profit (loss) carried forward | 14 | €2,572,303 | €3,244,536 | +€672,233 | +26.1% |
| Amounts payable | 17/49 | €6,342,090 | €5,520,320 | -€821,771 | -13.0% |
| Amounts payable within one year | 42/48 | €6,342,090 | €5,520,320 | -€821,771 | -13.0% |
| Trade debts | 44 | €5,557,506 | €5,143,760 | -€413,746 | -7.4% |
| Suppliers | 440/4 | €5,557,506 | €5,143,760 | -€413,746 | -7.4% |
| Advances received on contracts in progress | 46 | €781,048 | €365,427 | -€415,620 | -53.2% |
| Taxes, remuneration and social security | 45 | €3,536 | €11,132 | +€7,596 | +214.8% |
| Taxes | 450/3 | €3,536 | €11,132 | +€7,596 | +214.8% |
| Operating income | 70/76A | €67,337,670 | €57,330,371 | -€10.0m | -14.9% |
| Turnover | 70 | €67,308,188 | €57,300,621 | -€10.0m | -14.9% |
| Other operating income | 74 | €29,481 | €29,751 | +€269 | +0.9% |
| Operating charges | 60/66A | €64,205,553 | €55,340,150 | -€8.9m | -13.8% |
| Goods for resale, raw materials and consumables | 60 | €61,986,478 | €54,134,341 | -€7.9m | -12.7% |
| Purchases | 600/8 | €60,690,862 | €55,083,421 | -€5.6m | -9.2% |
| Change in stocks: decrease (increase) | 609 | €1,295,617 | -€949,080 | -€2.2m | |
| Services and other goods | 61 | €2,202,939 | €1,188,485 | -€1.0m | -46.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,135 | €17,325 | +€1,190 | +7.4% |
| Operating profit (loss) | 9901 | €3,132,117 | €1,990,221 | -€1.1m | -36.5% |
| Financial income | 75/76B | €307,735 | €79,612 | -€228,122 | -74.1% |
| Recurring financial income | 75 | €307,735 | €79,612 | -€228,122 | -74.1% |
| Income from current assets | 751 | €293,846 | €79,612 | -€214,234 | -72.9% |
| Other financial income | 752/9 | €13,889 | €1 | -€13,888 | -100.0% |
| Financial charges | 65/66B | €4,459 | €4,415 | -€44 | -1.0% |
| Recurring financial charges | 65 | €4,459 | €4,415 | -€44 | -1.0% |
| Other financial charges | 652/9 | €4,459 | €4,415 | -€44 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | €3,435,393 | €2,065,418 | -€1.4m | -39.9% |
| Income taxes | 67/77 | €863,090 | €511,534 | -€351,557 | -40.7% |
| Taxes | 670/3 | €863,100 | €511,534 | -€351,567 | -40.7% |
| Tax adjustments and reversals of tax provisions | 77 | €10 | - | -€10 | |
| Profit (loss) for the period | 9904 | €2,572,303 | €1,553,885 | -€1.0m | -39.6% |
| Transfer from tax-exempt reserves | 789 | - | €501,798 | +€501,798 | |
| Transfer to tax-exempt reserves | 689 | - | €881,652 | +€881,652 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,572,303 | €1,174,031 | -€1.4m | -54.4% |
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.