FAYCO: 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.
FAYCO
Largest movements
- Current investments +€100,000
new in 2025: €100,000
- Cash -€71,359
down €71,359 (-44.5%), from €160,458 to €89,098
mainly Current investments (-€100,000) and Trade debts (-€4,327)
- Reserves +€30,496
up €30,496 (+21.9%), from €138,985 to €169,481
- Trade debts -€4,327
down €4,327 (-90.5%), from €4,780 to €453
- Tax, wage and social debts +€2,350
up €2,350 (+41.6%), from €5,650 to €8,001
- Financial charges -€1,730
down €1,730 (-79.3%), from €2,180 to €451
- Depreciation -€1,166
down €1,166 (-54.6%), from €2,134 to €968
- Taxes +€930
up €930 (+8.3%), from €11,273 to €12,204
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 | €176,156 | €203,635 | +€27,479 | +15.6% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €3,425 | €2,457 | -€968 | -28.3% |
| Tangible fixed assets | 22/27 | €3,425 | €2,457 | -€968 | -28.3% |
| Plant, machinery and equipment | 23 | €3,425 | €2,457 | -€968 | -28.3% |
| Current assets | 29/58 | €172,731 | €201,178 | +€28,447 | +16.5% |
| Amounts receivable within one year | 40/41 | €10,690 | €10,374 | -€316 | -3.0% |
| Trade receivables | 40 | €7,963 | €10,374 | +€2,411 | +30.3% |
| Other amounts receivable | 41 | €2,727 | €0 | -€2,727 | -100.0% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €160,458 | €89,098 | -€71,359 | -44.5% |
| Deferred charges and accrued income | 490/1 | €1,583 | €1,705 | +€122 | +7.7% |
| Total equity and liabilities | 10/49 | €176,156 | €203,635 | +€27,479 | +15.6% |
| Equity | 10/15 | €146,485 | €176,981 | +€30,496 | +20.8% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €138,985 | €169,481 | +€30,496 | +21.9% |
| Distributable reserves | 133 | €138,985 | €169,481 | +€30,496 | +21.9% |
| Amounts payable | 17/49 | €29,671 | €26,654 | -€3,017 | -10.2% |
| Amounts payable within one year | 42/48 | €29,600 | €26,624 | -€2,977 | -10.1% |
| Trade debts | 44 | €4,780 | €453 | -€4,327 | -90.5% |
| Suppliers | 440/4 | €4,780 | €453 | -€4,327 | -90.5% |
| Taxes, remuneration and social security | 45 | €5,650 | €8,001 | +€2,350 | +41.6% |
| Taxes | 450/3 | €5,650 | €8,001 | +€2,350 | +41.6% |
| Other amounts payable | 47/48 | €19,170 | €18,170 | -€1,000 | -5.2% |
| Accrued charges and deferred income | 492/3 | €70 | €30 | -€40 | -56.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,134 | €968 | -€1,166 | -54.6% |
| Other operating charges | 640/8 | €513 | €527 | +€14 | +2.8% |
| Gross operating margin | 9900 | €44,675 | €44,580 | -€95 | -0.2% |
| Operating profit (loss) | 9901 | €42,028 | €43,085 | +€1,057 | +2.5% |
| Financial income | 75/76B | €21 | €65 | +€44 | +213.3% |
| Recurring financial income | 75 | €21 | €65 | +€44 | +213.3% |
| Financial charges | 65/66B | €2,180 | €451 | -€1,730 | -79.3% |
| Recurring financial charges | 65 | €2,180 | €451 | -€1,730 | -79.3% |
| Profit (loss) for the period before taxes | 9903 | €39,869 | €42,699 | +€2,831 | +7.1% |
| Income taxes | 67/77 | €11,273 | €12,204 | +€930 | +8.3% |
| Profit (loss) for the period | 9904 | €28,595 | €30,496 | +€1,900 | +6.6% |
| Profit (loss) for the period to be appropriated | 9905 | €28,595 | €30,496 | +€1,900 | +6.6% |
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 9 October 2026 via checked.be.