FAVEMAP: 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.
FAVEMAP
Largest movements
- Tangible fixed assets -€23,161
down €23,161 (-6.0%), from €387,148 to €363,988
of which Land and buildings: -€16,700
- Cash +€13,979
up €13,979 (+3.7%), from €373,071 to €387,051
mainly Depreciation (+€29,237) and Accrued charges and deferred income (+€14,624)
- Other debts -€28,347
down €28,347 (-32.6%), from €86,865 to €58,518
- Accrued charges and deferred income +€14,624
up €14,624 (+10.3%), from €142,203 to €156,826
- Gross operating margin -€12,075
down €12,075 (-23.5%), from €51,387 to €39,313
- Depreciation -€2,895
down €2,895 (-9.0%), from €32,132 to €29,237
- Financial charges -€1,110
down €1,110 (-29.0%), from €3,827 to €2,718
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 | €1,381,595 | €1,372,413 | -€9,182 | -0.7% |
| Fixed assets | 21/28 | €387,148 | €363,988 | -€23,161 | -6.0% |
| Tangible fixed assets | 22/27 | €387,148 | €363,988 | -€23,161 | -6.0% |
| Land and buildings | 22 | €341,657 | €324,957 | -€16,700 | -4.9% |
| Plant, machinery and equipment | 23 | €45,032 | €38,600 | -€6,432 | -14.3% |
| Furniture and vehicles | 24 | €460 | €431 | -€29 | -6.3% |
| Current assets | 29/58 | €994,446 | €1,008,426 | +€13,979 | +1.4% |
| Amounts receivable after more than one year | 29 | €600,000 | €600,000 | = | 0.0% |
| Other amounts receivable | 291 | €600,000 | €600,000 | = | 0.0% |
| Current investments | 50/53 | €21,375 | €21,375 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €373,071 | €387,051 | +€13,979 | +3.7% |
| Total equity and liabilities | 10/49 | €1,381,595 | €1,372,413 | -€9,182 | -0.7% |
| Equity | 10/15 | €1,061,071 | €1,062,861 | +€1,790 | +0.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €54,571 | €54,571 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €35,821 | €35,821 | = | 0.0% |
| Profit (loss) carried forward | 14 | €987,901 | €989,691 | +€1,790 | +0.2% |
| Provisions and deferred taxes | 16 | €89,574 | €89,574 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €89,574 | €89,574 | = | 0.0% |
| Pensions and similar obligations | 160 | €89,574 | €89,574 | = | 0.0% |
| Amounts payable | 17/49 | €230,949 | €219,978 | -€10,971 | -4.8% |
| Amounts payable within one year | 42/48 | €88,746 | €63,151 | -€25,595 | -28.8% |
| Trade debts | 44 | €1,365 | €3,372 | +€2,007 | +147.0% |
| Suppliers | 440/4 | €1,365 | €3,372 | +€2,007 | +147.0% |
| Taxes, remuneration and social security | 45 | €516 | €1,261 | +€745 | +144.2% |
| Taxes | 450/3 | €516 | €1,261 | +€745 | +144.2% |
| Other amounts payable | 47/48 | €86,865 | €58,518 | -€28,347 | -32.6% |
| Accrued charges and deferred income | 492/3 | €142,203 | €156,826 | +€14,624 | +10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,132 | €29,237 | -€2,895 | -9.0% |
| Other operating charges | 640/8 | €9,097 | €9,346 | +€249 | +2.7% |
| Gross operating margin | 9900 | €51,387 | €39,313 | -€12,075 | -23.5% |
| Operating profit (loss) | 9901 | €10,159 | €730 | -€9,428 | -92.8% |
| Financial income | 75/76B | €4,062 | €3,872 | -€190 | -4.7% |
| Recurring financial income | 75 | €4,062 | €3,872 | -€190 | -4.7% |
| Financial charges | 65/66B | €3,827 | €2,718 | -€1,110 | -29.0% |
| Recurring financial charges | 65 | €3,827 | €2,718 | -€1,110 | -29.0% |
| Profit (loss) for the period before taxes | 9903 | €10,393 | €1,884 | -€8,509 | -81.9% |
| Income taxes | 67/77 | €349 | €94 | -€255 | -73.0% |
| Profit (loss) for the period | 9904 | €10,044 | €1,790 | -€8,254 | -82.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,044 | €1,790 | -€8,254 | -82.2% |
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 12 October 2026 via checked.be.