FATEXCO: 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.
FATEXCO
Largest movements
- Cash -€244,602
down €244,602 (-87.1%), from €280,735 to €36,133
mainly Current investments (-€225,000) and Contributions, distributions and other (-€32,635)
- Current investments +€225,000
new in 2025: €225,000
- Receivables within one year -€10,212
down €10,212 (-77.3%), from €13,213 to €3,001
of which Trade receivables: -€9,680
- Tangible fixed assets -€7,580
down €7,580 (-3.9%), from €194,563 to €186,983
of which Land and buildings: -€7,153
- Other debts -€26,788
down €26,788 (-28.2%), from €95,098 to €68,310
- Trade debts -€5,430
no longer reported in 2025 (was €5,430)
- Gross operating margin +€3,259
up €3,259 (+6.7%), from €48,669 to €51,928
- Taxes +€868
up €868 (+9.0%), from €9,664 to €10,532
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.
Derived cash bridge
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 | €489,236 | €453,702 | -€35,535 | -7.3% |
| Fixed assets | 21/28 | €194,563 | €186,983 | -€7,580 | -3.9% |
| Tangible fixed assets | 22/27 | €194,563 | €186,983 | -€7,580 | -3.9% |
| Land and buildings | 22 | €190,295 | €183,143 | -€7,153 | -3.8% |
| Plant, machinery and equipment | 23 | €4,267 | €3,840 | -€427 | -10.0% |
| Current assets | 29/58 | €294,674 | €266,718 | -€27,955 | -9.5% |
| Amounts receivable within one year | 40/41 | €13,213 | €3,001 | -€10,212 | -77.3% |
| Trade receivables | 40 | €9,680 | - | -€9,680 | |
| Other amounts receivable | 41 | €3,533 | €3,001 | -€532 | -15.1% |
| Current investments | 50/53 | - | €225,000 | +€225,000 | |
| Cash at bank and in hand | 54/58 | €280,735 | €36,133 | -€244,602 | -87.1% |
| Deferred charges and accrued income | 490/1 | €725 | €2,584 | +€1,859 | +256% |
| Total equity and liabilities | 10/49 | €489,236 | €453,702 | -€35,535 | -7.3% |
| Equity | 10/15 | €378,956 | €374,406 | -€4,549 | -1.2% |
| Contributions | 10/11 | €174,700 | €174,700 | = | 0.0% |
| Reserves | 13 | €203,148 | €198,599 | -€4,549 | -2.2% |
| Non-distributable reserves | 130/1 | €18,690 | €18,690 | = | 0.0% |
| Reserves not available under the articles | 1311 | €18,690 | €18,690 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,350 | €1,350 | = | 0.0% |
| Distributable reserves | 133 | €183,108 | €178,559 | -€4,549 | -2.5% |
| Profit (loss) carried forward | 14 | €1,108 | €1,108 | = | 0.0% |
| Amounts payable | 17/49 | €110,281 | €79,295 | -€30,986 | -28.1% |
| Amounts payable within one year | 42/48 | €110,281 | €75,247 | -€35,034 | -31.8% |
| Trade debts | 44 | €5,430 | - | -€5,430 | |
| Suppliers | 440/4 | €5,430 | - | -€5,430 | |
| Taxes, remuneration and social security | 45 | €9,753 | €6,937 | -€2,816 | -28.9% |
| Taxes | 450/3 | €9,753 | €6,937 | -€2,816 | -28.9% |
| Other amounts payable | 47/48 | €95,098 | €68,310 | -€26,788 | -28.2% |
| Accrued charges and deferred income | 492/3 | - | €4,048 | +€4,048 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,154 | €7,580 | +€426 | +6.0% |
| Other operating charges | 640/8 | €2,240 | €2,316 | +€76 | +3.4% |
| Gross operating margin | 9900 | €48,669 | €51,928 | +€3,259 | +6.7% |
| Operating profit (loss) | 9901 | €39,275 | €42,032 | +€2,757 | +7.0% |
| Financial income | 75/76B | €2,067 | €2,415 | +€348 | +16.8% |
| Recurring financial income | 75 | €2,067 | €2,415 | +€348 | +16.8% |
| Financial charges | 65/66B | €5,905 | €5,828 | -€77 | -1.3% |
| Recurring financial charges | 65 | €5,905 | €5,828 | -€77 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €35,436 | €38,618 | +€3,182 | +9.0% |
| Income taxes | 67/77 | €9,664 | €10,532 | +€868 | +9.0% |
| Profit (loss) for the period | 9904 | €25,772 | €28,086 | +€2,314 | +9.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,772 | €28,086 | +€2,314 | +9.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.