FAY TRADE: 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.
FAY TRADE
Largest movements
- Cash -€74,778
down €74,778 (-68.3%), from €109,414 to €34,637
mainly Other debts (-€64,837) and Tax, wage and social debts (-€36,957)
- Receivables within one year -€32,627
down €32,627 (-60.1%), from €54,317 to €21,690
of which Trade receivables: -€47,389
- Tangible fixed assets +€4,838
up €4,838 (+1,271%), from €381 to €5,219
of which Furniture and vehicles: +€4,942
- Other debts -€64,837
down €64,837 (-99.0%), from €65,466 to €629
- Tax, wage and social debts -€36,957
down €36,957 (-76.3%), from €48,463 to €11,506
of which Taxes: -€37,124
- Reserves -€6,608
down €6,608 (-24.7%), from €26,732 to €20,123
- Short-term financial debts +€6,250
new in 2025: €6,250
- Trade debts -€3,715
down €3,715 (-75.2%), from €4,941 to €1,226
- Gross operating margin -€158,059
down €158,059 (-74.2%), from €213,011 to €54,952
- Taxes -€34,781
down €34,781 (-91.3%), from €38,092 to €3,310
- Staff costs -€4,746
down €4,746 (-11.0%), from €43,121 to €38,375
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 | €164,201 | €61,637 | -€102,564 | -62.5% |
| Fixed assets | 21/28 | €381 | €5,219 | +€4,838 | +1,271% |
| Tangible fixed assets | 22/27 | €381 | €5,219 | +€4,838 | +1,271% |
| Plant, machinery and equipment | 23 | €156 | €52 | -€104 | -66.7% |
| Furniture and vehicles | 24 | €225 | €5,167 | +€4,942 | +2,201% |
| Current assets | 29/58 | €163,821 | €56,418 | -€107,402 | -65.6% |
| Amounts receivable within one year | 40/41 | €54,317 | €21,690 | -€32,627 | -60.1% |
| Trade receivables | 40 | €47,389 | - | -€47,389 | |
| Other amounts receivable | 41 | €6,928 | €21,690 | +€14,762 | +213% |
| Cash at bank and in hand | 54/58 | €109,414 | €34,637 | -€74,778 | -68.3% |
| Deferred charges and accrued income | 490/1 | €89 | €92 | +€3 | +3.1% |
| Total equity and liabilities | 10/49 | €164,201 | €61,637 | -€102,564 | -62.5% |
| Equity | 10/15 | €45,332 | €42,027 | -€3,305 | -7.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €26,732 | €20,123 | -€6,608 | -24.7% |
| Distributable reserves | 133 | €26,732 | €20,123 | -€6,608 | -24.7% |
| Profit (loss) carried forward | 14 | - | €3,304 | +€3,304 | |
| Amounts payable | 17/49 | €118,869 | €19,610 | -€99,259 | -83.5% |
| Amounts payable within one year | 42/48 | €118,869 | €19,610 | -€99,259 | -83.5% |
| Financial debts | 43 | - | €6,250 | +€6,250 | |
| Credit institutions | 430/8 | - | €6,250 | +€6,250 | |
| Trade debts | 44 | €4,941 | €1,226 | -€3,715 | -75.2% |
| Suppliers | 440/4 | €4,941 | €1,226 | -€3,715 | -75.2% |
| Taxes, remuneration and social security | 45 | €48,463 | €11,506 | -€36,957 | -76.3% |
| Taxes | 450/3 | €43,356 | €6,232 | -€37,124 | -85.6% |
| Remuneration and social security | 454/9 | €5,106 | €5,274 | +€167 | +3.3% |
| Other amounts payable | 47/48 | €65,466 | €629 | -€64,837 | -99.0% |
| Remuneration, social security and pensions | 62 | €43,121 | €38,375 | -€4,746 | -11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €473 | €1,245 | +€772 | +163% |
| Other operating charges | 640/8 | €1,624 | €1,098 | -€526 | -32.4% |
| Gross operating margin | 9900 | €213,011 | €54,952 | -€158,059 | -74.2% |
| Operating profit (loss) | 9901 | €167,793 | €14,234 | -€153,559 | -91.5% |
| Financial income | 75/76B | €1,357 | - | -€1,357 | |
| Recurring financial income | 75 | €1,357 | - | -€1,357 | |
| Financial charges | 65/66B | €366 | €620 | +€254 | +69.4% |
| Recurring financial charges | 65 | €366 | €620 | +€254 | +69.4% |
| Profit (loss) for the period before taxes | 9903 | €168,784 | €13,614 | -€155,170 | -91.9% |
| Income taxes | 67/77 | €38,092 | €3,310 | -€34,781 | -91.3% |
| Profit (loss) for the period | 9904 | €130,692 | €10,304 | -€120,389 | -92.1% |
| Profit (loss) for the period to be appropriated | 9905 | €130,692 | €10,304 | -€120,389 | -92.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.