FAUSTO'S: 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.
FAUSTO'S
Largest movements
- Formation expenses -€2,598
down €2,598 (-29.3%), from €8,874 to €6,276
- Stocks and contracts -€2,570
down €2,570 (-3.8%), from €67,061 to €64,492
- Profit (loss) carried forward -€59,289
down €59,289 (-263.6%), from -€22,488 to -€81,777
- Other debts +€36,901
new in 2023: €36,901
- Trade debts +€18,249
up €18,249 (+29.6%), from €61,594 to €79,843
- Tax, wage and social debts -€9,866
down €9,866 (-42.6%), from €23,169 to €13,303
of which Taxes: -€10,064
- Debts after one year +€5,000
up €5,000 (+25.0%), from €20,000 to €25,000
- Staff costs +€22,750
up €22,750 (+54.5%), from €41,709 to €64,460
- Gross operating margin -€16,911
down €16,911 (-47.1%), from €35,929 to €19,018
- Financial charges +€3,350
up €3,350 (+1427.5%), from €235 to €3,585
of which Financial charges: +€3,393
- Other operating charges +€2,535
up €2,535 (+59.7%), from €4,247 to €6,782
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €105,168 | €99,056 | -€6,112 | -5.8% |
| Formation expenses | 20 | €8,874 | €6,276 | -€2,598 | -29.3% |
| Fixed assets | 21/28 | €25,157 | €24,263 | -€894 | -3.6% |
| Tangible fixed assets | 22/27 | €25,157 | €24,263 | -€894 | -3.6% |
| Land and buildings | 22 | €25,157 | €24,263 | -€894 | -3.6% |
| Current assets | 29/58 | €71,137 | €68,517 | -€2,620 | -3.7% |
| Stocks and contracts in progress | 3 | €67,061 | €64,492 | -€2,570 | -3.8% |
| Stocks | 30/36 | €67,061 | €64,492 | -€2,570 | -3.8% |
| Amounts receivable within one year | 40/41 | €635 | €324 | -€311 | -49.0% |
| Trade receivables | 40 | - | €324 | +€324 | |
| Other amounts receivable | 41 | €635 | €0 | -€635 | -100.0% |
| Cash at bank and in hand | 54/58 | €2,987 | €2,824 | -€163 | -5.4% |
| Deferred charges and accrued income | 490/1 | €454 | €878 | +€424 | +93.3% |
| Total equity and liabilities | 10/49 | €105,168 | €99,056 | -€6,112 | -5.8% |
| Equity | 10/15 | -€2,488 | -€61,777 | -€59,289 | -2383.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,488 | -€81,777 | -€59,289 | -263.6% |
| Amounts payable | 17/49 | €107,656 | €160,834 | +€53,178 | +49.4% |
| Amounts payable after more than one year | 17 | €20,000 | €25,000 | +€5,000 | +25.0% |
| Financial debts | 170/4 | €20,000 | €25,000 | +€5,000 | +25.0% |
| Amounts payable within one year | 42/48 | €84,763 | €130,047 | +€45,284 | +53.4% |
| Trade debts | 44 | €61,594 | €79,843 | +€18,249 | +29.6% |
| Suppliers | 440/4 | €61,594 | €79,843 | +€18,249 | +29.6% |
| Taxes, remuneration and social security | 45 | €23,169 | €13,303 | -€9,866 | -42.6% |
| Taxes | 450/3 | €14,626 | €4,562 | -€10,064 | -68.8% |
| Remuneration and social security | 454/9 | €8,542 | €8,741 | +€198 | +2.3% |
| Other amounts payable | 47/48 | - | €36,901 | +€36,901 | |
| Accrued charges and deferred income | 492/3 | €2,893 | €5,787 | +€2,893 | +100.0% |
| Remuneration, social security and pensions | 62 | €41,709 | €64,460 | +€22,750 | +54.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,492 | €3,492 | = | 0.0% |
| Other operating charges | 640/8 | €4,247 | €6,782 | +€2,535 | +59.7% |
| Gross operating margin | 9900 | €35,929 | €19,018 | -€16,911 | -47.1% |
| Operating profit (loss) | 9901 | -€13,520 | -€55,716 | -€42,196 | -312.1% |
| Financial income | 75/76B | €68 | €11 | -€57 | -83.3% |
| Recurring financial income | 75 | €68 | €11 | -€57 | -83.3% |
| Financial charges | 65/66B | €235 | €3,585 | +€3,350 | +1427.5% |
| Recurring financial charges | 65 | €192 | €3,585 | +€3,393 | +1767.1% |
| Non-recurring financial charges | 66B | €43 | €0 | -€43 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€13,686 | -€59,289 | -€45,603 | -333.2% |
| Profit (loss) for the period | 9904 | -€13,686 | -€59,289 | -€45,603 | -333.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,686 | -€59,289 | -€45,603 | -333.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.