FAUST: 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.
FAUST
Largest movements
- Tangible fixed assets +€47,621
up €47,621 (+28.4%), from €167,810 to €215,431
of which Furniture and vehicles: +€52,909
- Receivables within one year +€8,275
up €8,275 (+44.0%), from €18,816 to €27,091
of which Other amounts receivable: +€5,125
- Debts after one year +€26,640
up €26,640 (+49.9%), from €53,397 to €80,037
- Reserves +€26,177
up €26,177 (+68.5%), from €38,193 to €64,370
of which Distributable reserves: +€28,037
- Current portion of long-term debt +€9,655
up €9,655 (+77.1%), from €12,519 to €22,174
- Tax, wage and social debts -€8,398
down €8,398 (-48.4%), from €17,365 to €8,966
- Gross operating margin +€15,733
up €15,733 (+52.0%), from €30,230 to €45,963
- Taxes +€7,078
up €7,078 (+119.8%), from €5,907 to €12,985
- Other operating charges +€534
up €534 (+42.3%), from €1,264 to €1,798
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 | €314,730 | €369,507 | +€54,778 | +17.4% |
| Fixed assets | 21/28 | €167,810 | €215,431 | +€47,621 | +28.4% |
| Tangible fixed assets | 22/27 | €167,810 | €215,431 | +€47,621 | +28.4% |
| Land and buildings | 22 | €165,518 | €160,230 | -€5,288 | -3.2% |
| Furniture and vehicles | 24 | €2,292 | €55,201 | +€52,909 | +2308.2% |
| Current assets | 29/58 | €146,920 | €154,076 | +€7,156 | +4.9% |
| Amounts receivable after more than one year | 29 | €109,000 | €109,000 | = | 0.0% |
| Other amounts receivable | 291 | €109,000 | €109,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €18,816 | €27,091 | +€8,275 | +44.0% |
| Trade receivables | 40 | - | €3,150 | +€3,150 | |
| Other amounts receivable | 41 | €18,816 | €23,941 | +€5,125 | +27.2% |
| Cash at bank and in hand | 54/58 | €19,104 | €17,986 | -€1,119 | -5.9% |
| Total equity and liabilities | 10/49 | €314,730 | €369,507 | +€54,778 | +17.4% |
| Equity | 10/15 | €230,213 | €256,391 | +€26,177 | +11.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €38,193 | €64,370 | +€26,177 | +68.5% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €36,333 | €64,370 | +€28,037 | +77.2% |
| Profit (loss) carried forward | 14 | €179,621 | €179,621 | = | 0.0% |
| Amounts payable | 17/49 | €84,516 | €113,117 | +€28,601 | +33.8% |
| Amounts payable after more than one year | 17 | €53,397 | €80,037 | +€26,640 | +49.9% |
| Financial debts | 170/4 | €53,397 | €80,037 | +€26,640 | +49.9% |
| Amounts payable within one year | 42/48 | €31,120 | €33,080 | +€1,960 | +6.3% |
| Current portion of amounts payable after more than one year | 42 | €12,519 | €22,174 | +€9,655 | +77.1% |
| Trade debts | 44 | €1,236 | €1,940 | +€704 | +56.9% |
| Suppliers | 440/4 | €1,236 | €1,940 | +€704 | +56.9% |
| Taxes, remuneration and social security | 45 | €17,365 | €8,966 | -€8,398 | -48.4% |
| Taxes | 450/3 | €17,365 | €8,966 | -€8,398 | -48.4% |
| Non-recurring operating income | 76A | - | €7,240 | +€7,240 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,910 | €7,163 | +€253 | +3.7% |
| Other operating charges | 640/8 | €1,264 | €1,798 | +€534 | +42.3% |
| Gross operating margin | 9900 | €30,230 | €45,963 | +€15,733 | +52.0% |
| Operating profit (loss) | 9901 | €22,057 | €37,002 | +€14,945 | +67.8% |
| Financial income | 75/76B | €3,965 | €4,126 | +€162 | +4.1% |
| Recurring financial income | 75 | €3,965 | €4,126 | +€162 | +4.1% |
| Financial charges | 65/66B | €2,206 | €1,966 | -€241 | -10.9% |
| Recurring financial charges | 65 | €2,206 | €1,966 | -€241 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | €23,815 | €39,162 | +€15,348 | +64.4% |
| Income taxes | 67/77 | €5,907 | €12,985 | +€7,078 | +119.8% |
| Profit (loss) for the period | 9904 | €17,908 | €26,177 | +€8,270 | +46.2% |
| Profit (loss) for the period to be appropriated | 9905 | €17,908 | €26,177 | +€8,270 | +46.2% |
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 9 October 2026 via checked.be.