FAUREX: 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.
FAUREX
Largest movements
- Receivables within one year +€49,078
up €49,078 (+9.7%), from €504,929 to €554,007
of which Other amounts receivable: +€94,221
- Other debts +€215,756
up €215,756 (+87.4%), from €246,724 to €462,480
- Profit (loss) carried forward -€120,845
down €120,845 (-11.4%), from €1.1m to €935,574
- Debts after one year -€51,667
down €51,667 (-33.3%), from €154,999 to €103,333
- Gross operating margin -€30,646
down €30,646 (-18.8%), from €162,921 to €132,274
- Taxes -€7,207
down €7,207 (-26.0%), from €27,756 to €20,549
- Financial charges -€2,409
down €2,409 (-9.5%), from €25,247 to €22,838
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 | €1,579,050 | €1,621,243 | +€42,194 | +2.7% |
| Fixed assets | 21/28 | €1,061,351 | €1,051,618 | -€9,733 | -0.9% |
| Tangible fixed assets | 22/27 | €36,264 | €26,531 | -€9,733 | -26.8% |
| Furniture and vehicles | 24 | €36,264 | €26,531 | -€9,733 | -26.8% |
| Financial fixed assets | 28 | €1,025,087 | €1,025,087 | = | 0.0% |
| Current assets | 29/58 | €517,699 | €569,625 | +€51,926 | +10.0% |
| Amounts receivable within one year | 40/41 | €504,929 | €554,007 | +€49,078 | +9.7% |
| Trade receivables | 40 | €85,143 | €40,000 | -€45,143 | -53.0% |
| Other amounts receivable | 41 | €419,786 | €514,007 | +€94,221 | +22.4% |
| Cash at bank and in hand | 54/58 | €12,234 | €12,109 | -€125 | -1.0% |
| Deferred charges and accrued income | 490/1 | €537 | €3,510 | +€2,974 | +554% |
| Total equity and liabilities | 10/49 | €1,579,050 | €1,621,243 | +€42,194 | +2.7% |
| Equity | 10/15 | €1,111,420 | €990,574 | -€120,845 | -10.9% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,056,420 | €935,574 | -€120,845 | -11.4% |
| Amounts payable | 17/49 | €467,630 | €630,669 | +€163,039 | +34.9% |
| Amounts payable after more than one year | 17 | €154,999 | €103,333 | -€51,667 | -33.3% |
| Financial debts | 170/4 | €154,999 | €103,333 | -€51,667 | -33.3% |
| Amounts payable within one year | 42/48 | €312,631 | €527,336 | +€214,705 | +68.7% |
| Current portion of amounts payable after more than one year | 42 | €51,667 | €51,667 | = | 0.0% |
| Trade debts | 44 | €1,946 | €103 | -€1,843 | -94.7% |
| Suppliers | 440/4 | €1,946 | €103 | -€1,843 | -94.7% |
| Taxes, remuneration and social security | 45 | €12,294 | €13,086 | +€793 | +6.4% |
| Taxes | 450/3 | €12,294 | €13,086 | +€793 | +6.4% |
| Other amounts payable | 47/48 | €246,724 | €462,480 | +€215,756 | +87.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,733 | €9,733 | = | 0.0% |
| Other operating charges | 640/8 | €0 | €0 | -€0 | -87.5% |
| Gross operating margin | 9900 | €162,921 | €132,274 | -€30,646 | -18.8% |
| Operating profit (loss) | 9901 | €153,188 | €122,542 | -€30,646 | -20.0% |
| Financial charges | 65/66B | €25,247 | €22,838 | -€2,409 | -9.5% |
| Recurring financial charges | 65 | €25,247 | €22,838 | -€2,409 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | €127,941 | €99,704 | -€28,237 | -22.1% |
| Income taxes | 67/77 | €27,756 | €20,549 | -€7,207 | -26.0% |
| Profit (loss) for the period | 9904 | €100,186 | €79,155 | -€21,031 | -21.0% |
| Profit (loss) for the period to be appropriated | 9905 | €100,186 | €79,155 | -€21,031 | -21.0% |
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 28 October 2026 via checked.be.