FAUN: 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.
FAUN
Largest movements
- Stocks and contracts +€303,275
up €303,275 (+76.3%), from €397,557 to €700,831
of which Contracts in progress: +€296,555
- Receivables within one year +€214,477
up €214,477 (+93.2%), from €230,064 to €444,542
of which Trade receivables: +€214,140
- Cash +€190,238
up €190,238 (+375.2%), from €50,699 to €240,937
mainly Trade debts (+€454,081) and Advances received (+€98,700)
- Trade debts +€454,081
up €454,081 (+106.4%), from €426,894 to €880,975
- Advances received +€98,700
new in 2024: €98,700
- Profit (loss) carried forward +€90,271
up €90,271, from -€63,826 to €26,445
- Tax, wage and social debts +€83,601
up €83,601 (+159.5%), from €52,422 to €136,023
of which Taxes: +€82,987
- Other debts -€25,003
down €25,003 (-21.9%), from €114,036 to €89,033
- Gross operating margin -€70,882
down €70,882 (-13.8%), from €512,069 to €441,187
- Staff costs -€65,648
down €65,648 (-16.7%), from €393,987 to €328,339
- Financial charges +€10,262
up €10,262 (+105.9%), from €9,691 to €19,953
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €685,778 | €1,388,903 | +€703,125 | +102.5% |
| Fixed assets | 21/28 | €7,172 | €2,038 | -€5,133 | -71.6% |
| Tangible fixed assets | 22/27 | €2,526 | €1,583 | -€943 | -37.3% |
| Furniture and vehicles | 24 | €2,526 | €1,583 | -€943 | -37.3% |
| Financial fixed assets | 28 | €4,646 | €455 | -€4,191 | -90.2% |
| Current assets | 29/58 | €678,607 | €1,386,865 | +€708,259 | +104.4% |
| Stocks and contracts in progress | 3 | €397,557 | €700,831 | +€303,275 | +76.3% |
| Stocks | 30/36 | €2,367 | €9,086 | +€6,720 | +283.9% |
| Contracts in progress | 37 | €395,190 | €691,745 | +€296,555 | +75.0% |
| Amounts receivable within one year | 40/41 | €230,064 | €444,542 | +€214,477 | +93.2% |
| Trade receivables | 40 | €229,515 | €443,655 | +€214,140 | +93.3% |
| Other amounts receivable | 41 | €549 | €887 | +€338 | +61.4% |
| Cash at bank and in hand | 54/58 | €50,699 | €240,937 | +€190,238 | +375.2% |
| Deferred charges and accrued income | 490/1 | €286 | €555 | +€269 | +94.1% |
| Total equity and liabilities | 10/49 | €685,778 | €1,388,903 | +€703,125 | +102.5% |
| Equity | 10/15 | €77,161 | €167,431 | +€90,271 | +117.0% |
| Contributions | 10/11 | €110,000 | €110,000 | = | 0.0% |
| Capital | 10 | €110,000 | €110,000 | = | 0.0% |
| Issued capital | 100 | €110,000 | €110,000 | = | 0.0% |
| Reserves | 13 | €30,987 | €30,987 | = | 0.0% |
| Non-distributable reserves | 130/1 | €30,987 | €30,987 | = | 0.0% |
| Legal reserve | 130 | €30,987 | €30,987 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€63,826 | €26,445 | +€90,271 | |
| Amounts payable | 17/49 | €608,617 | €1,221,472 | +€612,855 | +100.7% |
| Amounts payable within one year | 42/48 | €593,352 | €1,204,731 | +€611,379 | +103.0% |
| Trade debts | 44 | €426,894 | €880,975 | +€454,081 | +106.4% |
| Suppliers | 440/4 | €426,894 | €880,975 | +€454,081 | +106.4% |
| Advances received on contracts in progress | 46 | - | €98,700 | +€98,700 | |
| Taxes, remuneration and social security | 45 | €52,422 | €136,023 | +€83,601 | +159.5% |
| Taxes | 450/3 | €20,453 | €103,440 | +€82,987 | +405.7% |
| Remuneration and social security | 454/9 | €31,969 | €32,583 | +€615 | +1.9% |
| Other amounts payable | 47/48 | €114,036 | €89,033 | -€25,003 | -21.9% |
| Accrued charges and deferred income | 492/3 | €15,266 | €16,741 | +€1,476 | +9.7% |
| Remuneration, social security and pensions | 62 | €393,987 | €328,339 | -€65,648 | -16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,305 | €1,491 | +€185 | +14.2% |
| Other operating charges | 640/8 | €789 | €521 | -€268 | -33.9% |
| Non-recurring operating charges | 66A | €1,706 | - | -€1,706 | |
| Gross operating margin | 9900 | €512,069 | €441,187 | -€70,882 | -13.8% |
| Operating profit (loss) | 9901 | €114,282 | €110,836 | -€3,445 | -3.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -93.3% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -93.3% |
| Financial charges | 65/66B | €9,691 | €19,953 | +€10,262 | +105.9% |
| Recurring financial charges | 65 | €9,691 | €19,953 | +€10,262 | +105.9% |
| Profit (loss) for the period before taxes | 9903 | €104,591 | €90,884 | -€13,707 | -13.1% |
| Income taxes | 67/77 | €951 | €613 | -€338 | -35.5% |
| Profit (loss) for the period | 9904 | €103,640 | €90,271 | -€13,369 | -12.9% |
| Profit (loss) for the period to be appropriated | 9905 | €103,640 | €90,271 | -€13,369 | -12.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.