FAVER AGENCY: 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.
FAVER AGENCY
Largest movements
- Current investments +€25,000
up €25,000 (+62.5%), from €40,000 to €65,000
- Cash +€2,899
up €2,899 (+64.2%), from €4,514 to €7,413
mainly Net result for the year (+€35,373) and Other debts (+€4,785)
- Receivables within one year -€1,803
no longer reported in 2025 (was €1,803)
of which Other amounts receivable: -€1,077
- Deferred charges and accrued income -€1,497
down €1,497 (-33.5%), from €4,471 to €2,974
- Profit (loss) carried forward +€17,073
up €17,073 (+62.7%), from €27,229 to €44,302
- Other debts +€4,785
up €4,785 (+853%), from €561 to €5,346
- Tax, wage and social debts +€1,516
up €1,516 (+27.7%), from €5,471 to €6,988
- Trade debts +€806
up €806 (+44.3%), from €1,821 to €2,627
- Gross operating margin +€24,876
up €24,876 (+78.3%), from €31,777 to €56,653
- Other operating charges +€4,415
up €4,415 (+182%), from €2,429 to €6,844
- Taxes +€3,062
up €3,062 (+38.3%), from €7,987 to €11,050
- Depreciation -€1,599
down €1,599 (-44.9%), from €3,561 to €1,962
- Financial charges +€1,501
up €1,501 (+907%), from €165 to €1,666
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.
Derived cash bridge
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 | €55,542 | €79,722 | +€24,180 | +43.5% |
| Fixed assets | 21/28 | €4,754 | €4,336 | -€418 | -8.8% |
| Tangible fixed assets | 22/27 | €4,754 | €4,336 | -€418 | -8.8% |
| Furniture and vehicles | 24 | €4,754 | €4,336 | -€418 | -8.8% |
| Current assets | 29/58 | €50,788 | €75,387 | +€24,598 | +48.4% |
| Amounts receivable within one year | 40/41 | €1,803 | - | -€1,803 | |
| Trade receivables | 40 | €726 | - | -€726 | |
| Other amounts receivable | 41 | €1,077 | - | -€1,077 | |
| Current investments | 50/53 | €40,000 | €65,000 | +€25,000 | +62.5% |
| Cash at bank and in hand | 54/58 | €4,514 | €7,413 | +€2,899 | +64.2% |
| Deferred charges and accrued income | 490/1 | €4,471 | €2,974 | -€1,497 | -33.5% |
| Total equity and liabilities | 10/49 | €55,542 | €79,722 | +€24,180 | +43.5% |
| Equity | 10/15 | €47,689 | €64,762 | +€17,073 | +35.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,229 | €44,302 | +€17,073 | +62.7% |
| Amounts payable | 17/49 | €7,853 | €14,960 | +€7,107 | +90.5% |
| Amounts payable within one year | 42/48 | €7,853 | €14,960 | +€7,107 | +90.5% |
| Trade debts | 44 | €1,821 | €2,627 | +€806 | +44.3% |
| Suppliers | 440/4 | €1,821 | €2,627 | +€806 | +44.3% |
| Taxes, remuneration and social security | 45 | €5,471 | €6,988 | +€1,516 | +27.7% |
| Taxes | 450/3 | €5,471 | €6,988 | +€1,516 | +27.7% |
| Other amounts payable | 47/48 | €561 | €5,346 | +€4,785 | +853% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,561 | €1,962 | -€1,599 | -44.9% |
| Other operating charges | 640/8 | €2,429 | €6,844 | +€4,415 | +182% |
| Gross operating margin | 9900 | €31,777 | €56,653 | +€24,876 | +78.3% |
| Operating profit (loss) | 9901 | €25,787 | €47,847 | +€22,060 | +85.5% |
| Financial income | 75/76B | €296 | €242 | -€54 | -18.1% |
| Recurring financial income | 75 | €296 | €242 | -€54 | -18.1% |
| Financial charges | 65/66B | €165 | €1,666 | +€1,501 | +907% |
| Recurring financial charges | 65 | €165 | €1,666 | +€1,501 | +907% |
| Profit (loss) for the period before taxes | 9903 | €25,917 | €46,423 | +€20,506 | +79.1% |
| Income taxes | 67/77 | €7,987 | €11,050 | +€3,062 | +38.3% |
| Profit (loss) for the period | 9904 | €17,930 | €35,373 | +€17,443 | +97.3% |
| Profit (loss) for the period to be appropriated | 9905 | €17,930 | €35,373 | +€17,443 | +97.3% |
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 28 October 2026 via checked.be.