FAUSINO: 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.
FAUSINO
Largest movements
- Receivables within one year +€71,196
up €71,196 (+14.2%), from €500,781 to €571,976
of which Other amounts receivable: +€201,196
- Cash -€56,364
down €56,364 (-55.6%), from €101,454 to €45,090
mainly Receivables within one year (-€71,196) and Current portion of long-term debt (-€18,472)
- Tangible fixed assets -€34,053
down €34,053 (-5.6%), from €611,680 to €577,626
- Current portion of long-term debt -€18,472
down €18,472 (-51.3%), from €36,024 to €17,551
- Debts after one year -€17,551
down €17,551 (-100.0%), from €17,551 to €0
- Other debts +€16,432
up €16,432 (+6.2%), from €263,633 to €280,065
- Reserves +€13,538
up €13,538 (+1.7%), from €805,835 to €819,373
of which Distributable reserves: +€15,398
- Gross operating margin -€136,892
down €136,892 (-74.4%), from €184,059 to €47,168
- Taxes -€37,405
down €37,405 (-86.2%), from €43,416 to €6,011
- Financial income +€8,112
up €8,112 (+30.0%), from €26,994 to €35,106
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 | €1,214,940 | €1,194,692 | -€20,248 | -1.7% |
| Fixed assets | 21/28 | €611,680 | €577,626 | -€34,053 | -5.6% |
| Tangible fixed assets | 22/27 | €611,680 | €577,626 | -€34,053 | -5.6% |
| Land and buildings | 22 | €611,680 | €577,626 | -€34,053 | -5.6% |
| Current assets | 29/58 | €603,261 | €617,066 | +€13,805 | +2.3% |
| Amounts receivable within one year | 40/41 | €500,781 | €571,976 | +€71,196 | +14.2% |
| Trade receivables | 40 | €181,780 | €51,780 | -€130,000 | -71.5% |
| Other amounts receivable | 41 | €319,001 | €520,196 | +€201,196 | +63.1% |
| Cash at bank and in hand | 54/58 | €101,454 | €45,090 | -€56,364 | -55.6% |
| Deferred charges and accrued income | 490/1 | €1,026 | €0 | -€1,026 | -100.0% |
| Total equity and liabilities | 10/49 | €1,214,940 | €1,194,692 | -€20,248 | -1.7% |
| Equity | 10/15 | €824,435 | €837,973 | +€13,538 | +1.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €805,835 | €819,373 | +€13,538 | +1.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €184,560 | €182,701 | -€1,860 | -1.0% |
| Distributable reserves | 133 | €621,275 | €636,672 | +€15,398 | +2.5% |
| Provisions and deferred taxes | 16 | €28,693 | €28,074 | -€620 | -2.2% |
| Deferred taxes | 168 | €28,693 | €28,074 | -€620 | -2.2% |
| Amounts payable | 17/49 | €361,812 | €328,646 | -€33,166 | -9.2% |
| Amounts payable after more than one year | 17 | €17,551 | €0 | -€17,551 | -100.0% |
| Financial debts | 170/4 | €17,551 | €0 | -€17,551 | -100.0% |
| Amounts payable within one year | 42/48 | €339,878 | €328,646 | -€11,233 | -3.3% |
| Current portion of amounts payable after more than one year | 42 | €36,024 | €17,551 | -€18,472 | -51.3% |
| Trade debts | 44 | €13,903 | €14,688 | +€785 | +5.6% |
| Suppliers | 440/4 | €13,903 | €14,688 | +€785 | +5.6% |
| Taxes, remuneration and social security | 45 | €26,318 | €16,341 | -€9,977 | -37.9% |
| Taxes | 450/3 | €23,508 | €13,531 | -€9,977 | -42.4% |
| Remuneration and social security | 454/9 | €2,810 | €2,810 | = | 0.0% |
| Other amounts payable | 47/48 | €263,633 | €280,065 | +€16,432 | +6.2% |
| Accrued charges and deferred income | 492/3 | €4,383 | €0 | -€4,383 | -100.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,565 | €34,053 | -€512 | -1.5% |
| Other operating charges | 640/8 | €9,510 | €9,905 | +€395 | +4.2% |
| Gross operating margin | 9900 | €184,059 | €47,168 | -€136,892 | -74.4% |
| Operating profit (loss) | 9901 | €139,984 | €3,209 | -€136,775 | -97.7% |
| Financial income | 75/76B | €26,994 | €35,106 | +€8,112 | +30.0% |
| Recurring financial income | 75 | €26,994 | €35,106 | +€8,112 | +30.0% |
| Financial charges | 65/66B | €20,097 | €19,386 | -€711 | -3.5% |
| Recurring financial charges | 65 | €20,097 | €19,386 | -€711 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | €146,882 | €18,929 | -€127,952 | -87.1% |
| Transfer from deferred taxes | 780 | €620 | €620 | = | 0.0% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €43,416 | €6,011 | -€37,405 | -86.2% |
| Profit (loss) for the period | 9904 | €104,086 | €13,538 | -€90,548 | -87.0% |
| Transfer from tax-exempt reserves | 789 | €1,860 | €1,860 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €105,945 | €15,398 | -€90,548 | -85.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.