FAURGA: 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.
FAURGA
Largest movements
- Tangible fixed assets -€7,649
down €7,649 (-33.5%), from €22,809 to €15,159
of which Other tangible fixed assets: -€4,472
- Cash +€4,864
up €4,864 (+5.1%), from €95,560 to €100,424
mainly Net result for the year (+€28,052) and Depreciation (+€11,012)
- Receivables within one year -€3,947
down €3,947 (-8.5%), from €46,463 to €42,516
of which Other amounts receivable: -€4,874
- Reserves -€13,480
down €13,480 (-5.8%), from €231,111 to €217,631
- Other debts +€8,860
up €8,860 (+26.7%), from €33,162 to €42,022
- Gross operating margin -€6,020
down €6,020 (-10.5%), from €57,242 to €51,221
- Depreciation -€2,777
down €2,777 (-20.1%), from €13,789 to €11,012
- Financial income -€2,131
down €2,131 (-53.0%), from €4,019 to €1,887
- Taxes -€1,007
down €1,007 (-8.1%), from €12,485 to €11,478
- Financial charges -€588
down €588 (-21.4%), from €2,756 to €2,167
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 | €287,959 | €280,897 | -€7,063 | -2.5% |
| Fixed assets | 21/28 | €22,809 | €15,159 | -€7,649 | -33.5% |
| Tangible fixed assets | 22/27 | €22,809 | €15,159 | -€7,649 | -33.5% |
| Plant, machinery and equipment | 23 | €9,838 | €7,612 | -€2,226 | -22.6% |
| Furniture and vehicles | 24 | €1,315 | €364 | -€951 | -72.3% |
| Other tangible fixed assets | 26 | €11,656 | €7,184 | -€4,472 | -38.4% |
| Current assets | 29/58 | €265,151 | €265,737 | +€586 | +0.2% |
| Amounts receivable within one year | 40/41 | €46,463 | €42,516 | -€3,947 | -8.5% |
| Trade receivables | 40 | €40,129 | €41,055 | +€927 | +2.3% |
| Other amounts receivable | 41 | €6,334 | €1,460 | -€4,874 | -77.0% |
| Current investments | 50/53 | €114,635 | €115,670 | +€1,035 | +0.9% |
| Cash at bank and in hand | 54/58 | €95,560 | €100,424 | +€4,864 | +5.1% |
| Deferred charges and accrued income | 490/1 | €8,493 | €7,127 | -€1,365 | -16.1% |
| Total equity and liabilities | 10/49 | €287,959 | €280,897 | -€7,063 | -2.5% |
| Equity | 10/15 | €239,661 | €226,181 | -€13,480 | -5.6% |
| Contributions | 10/11 | €8,550 | €8,550 | = | 0.0% |
| Reserves | 13 | €231,111 | €217,631 | -€13,480 | -5.8% |
| Distributable reserves | 133 | €231,111 | €217,631 | -€13,480 | -5.8% |
| Amounts payable | 17/49 | €48,298 | €54,715 | +€6,417 | +13.3% |
| Amounts payable within one year | 42/48 | €48,298 | €54,715 | +€6,417 | +13.3% |
| Trade debts | 44 | €2,018 | €2,442 | +€425 | +21.0% |
| Suppliers | 440/4 | €2,018 | €2,442 | +€425 | +21.0% |
| Taxes, remuneration and social security | 45 | €13,118 | €10,251 | -€2,867 | -21.9% |
| Taxes | 450/3 | €13,118 | €10,251 | -€2,867 | -21.9% |
| Other amounts payable | 47/48 | €33,162 | €42,022 | +€8,860 | +26.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,789 | €11,012 | -€2,777 | -20.1% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €57,242 | €51,221 | -€6,020 | -10.5% |
| Operating profit (loss) | 9901 | €43,065 | €39,810 | -€3,256 | -7.6% |
| Financial income | 75/76B | €4,019 | €1,887 | -€2,131 | -53.0% |
| Recurring financial income | 75 | €4,019 | €1,887 | -€2,131 | -53.0% |
| Financial charges | 65/66B | €2,756 | €2,167 | -€588 | -21.4% |
| Recurring financial charges | 65 | €2,756 | €2,167 | -€588 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | €44,328 | €39,530 | -€4,798 | -10.8% |
| Income taxes | 67/77 | €12,485 | €11,478 | -€1,007 | -8.1% |
| Profit (loss) for the period | 9904 | €31,844 | €28,052 | -€3,792 | -11.9% |
| Profit (loss) for the period to be appropriated | 9905 | €31,844 | €28,052 | -€3,792 | -11.9% |
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.