Fava Solutions: what changed
Two fiscal 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.
Fava Solutions
Largest movements
- Tangible fixed assets +€9,973
up €9,973 (+628.2%), from €1,588 to €11,561
of which Furniture and vehicles: +€9,768
- Cash +€8,855
up €8,855 (+1025.1%), from €864 to €9,718
mainly Net result for the year (+€16,788) and Tax, wage and social debts (+€4,542)
- Receivables within one year +€1,197
up €1,197 (+2.6%), from €46,883 to €48,080
of which Trade receivables: +€986
- Reserves +€16,788
up €16,788 (+100.6%), from €16,695 to €33,483
- Tax, wage and social debts +€4,542
up €4,542 (+24.3%), from €18,714 to €23,256
of which Remuneration and social security: +€3,741
- Other debts -€844
no longer reported in 2025 (was €844)
- Gross operating margin +€21,594
up €21,594 (+60.2%), from €35,849 to €57,443
- Staff costs +€18,580
up €18,580 (+198.8%), from €9,344 to €27,924
- Depreciation +€1,851
up €1,851 (+653.0%), from €283 to €2,134
- Financial charges +€1,820
up €1,820 (+33029.9%), from €6 to €1,825
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 | €49,671 | €69,869 | +€20,198 | +40.7% |
| Fixed assets | 21/28 | €1,588 | €11,561 | +€9,973 | +628.2% |
| Tangible fixed assets | 22/27 | €1,588 | €11,561 | +€9,973 | +628.2% |
| Plant, machinery and equipment | 23 | €1,588 | €1,793 | +€205 | +12.9% |
| Furniture and vehicles | 24 | - | €9,768 | +€9,768 | |
| Current assets | 29/58 | €48,083 | €58,309 | +€10,225 | +21.3% |
| Amounts receivable within one year | 40/41 | €46,883 | €48,080 | +€1,197 | +2.6% |
| Trade receivables | 40 | €46,883 | €47,869 | +€986 | +2.1% |
| Other amounts receivable | 41 | - | €212 | +€212 | |
| Cash at bank and in hand | 54/58 | €864 | €9,718 | +€8,855 | +1025.1% |
| Deferred charges and accrued income | 490/1 | €336 | €510 | +€174 | +51.7% |
| Total equity and liabilities | 10/49 | €49,671 | €69,869 | +€20,198 | +40.7% |
| Equity | 10/15 | €26,695 | €43,483 | +€16,788 | +62.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €16,695 | €33,483 | +€16,788 | +100.6% |
| Distributable reserves | 133 | €16,695 | €33,483 | +€16,788 | +100.6% |
| Amounts payable | 17/49 | €22,976 | €26,386 | +€3,410 | +14.8% |
| Amounts payable within one year | 42/48 | €22,976 | €26,375 | +€3,399 | +14.8% |
| Trade debts | 44 | €3,418 | €3,118 | -€300 | -8.8% |
| Suppliers | 440/4 | €3,418 | €3,118 | -€300 | -8.8% |
| Taxes, remuneration and social security | 45 | €18,714 | €23,256 | +€4,542 | +24.3% |
| Taxes | 450/3 | €15,134 | €15,935 | +€801 | +5.3% |
| Remuneration and social security | 454/9 | €3,580 | €7,321 | +€3,741 | +104.5% |
| Other amounts payable | 47/48 | €844 | - | -€844 | |
| Accrued charges and deferred income | 492/3 | - | €12 | +€12 | |
| Remuneration, social security and pensions | 62 | €9,344 | €27,924 | +€18,580 | +198.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €283 | €2,134 | +€1,851 | +653.0% |
| Other operating charges | 640/8 | - | €120 | +€120 | |
| Gross operating margin | 9900 | €35,849 | €57,443 | +€21,594 | +60.2% |
| Operating profit (loss) | 9901 | €26,221 | €27,264 | +€1,043 | +4.0% |
| Financial charges | 65/66B | €6 | €1,825 | +€1,820 | +33029.9% |
| Recurring financial charges | 65 | €6 | €1,825 | +€1,820 | +33029.9% |
| Profit (loss) for the period before taxes | 9903 | €26,215 | €25,439 | -€777 | -3.0% |
| Income taxes | 67/77 | €8,662 | €8,651 | -€11 | -0.1% |
| Profit (loss) for the period | 9904 | €17,554 | €16,788 | -€766 | -4.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,554 | €16,788 | -€766 | -4.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.