FAYED: 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.
FAYED
Largest movements
- Receivables within one year -€1,700
no longer reported in 2024 (was €1,700)
- Tangible fixed assets -€1,604
down €1,604 (-43.0%), from €3,728 to €2,123
of which Furniture and vehicles: -€1,120
- Formation expenses -€1,123
no longer reported in 2024 (was €1,123)
- Intangible fixed assets +€897
new in 2024: €897
- Cash +€464
up €464 (+68.0%), from €682 to €1,146
mainly Net result for the year (+€5,889) and Depreciation (+€1,830)
- Other debts -€9,055
down €9,055 (-64.7%), from €13,999 to €4,944
- Profit (loss) carried forward +€5,889
up €5,889 (+40.2%), from -€14,654 to -€8,765
- Tax, wage and social debts +€1,120
up €1,120 (+833.6%), from €134 to €1,254
- Trade debts -€997
down €997 (-88.2%), from €1,130 to €133
- Gross operating margin +€4,127
up €4,127 (+111.9%), from €3,687 to €7,814
- Other operating charges -€630
no longer reported in 2024 (was €630)
- Depreciation +€323
up €323 (+21.5%), from €1,507 to €1,830
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,233 | €4,190 | -€3,043 | -42.1% |
| Formation expenses | 20 | €1,123 | - | -€1,123 | |
| Fixed assets | 21/28 | €3,728 | €3,020 | -€707 | -19.0% |
| Intangible fixed assets | 21 | - | €897 | +€897 | |
| Tangible fixed assets | 22/27 | €3,728 | €2,123 | -€1,604 | -43.0% |
| Plant, machinery and equipment | 23 | €1,322 | €838 | -€484 | -36.6% |
| Furniture and vehicles | 24 | €2,406 | €1,286 | -€1,120 | -46.6% |
| Current assets | 29/58 | €2,382 | €1,170 | -€1,213 | -50.9% |
| Amounts receivable within one year | 40/41 | €1,700 | - | -€1,700 | |
| Other amounts receivable | 41 | €1,700 | - | -€1,700 | |
| Cash at bank and in hand | 54/58 | €682 | €1,146 | +€464 | +68.0% |
| Deferred charges and accrued income | 490/1 | - | €24 | +€24 | |
| Total equity and liabilities | 10/49 | €7,233 | €4,190 | -€3,043 | -42.1% |
| Equity | 10/15 | -€8,030 | -€2,141 | +€5,889 | +73.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €424 | €424 | = | 0.0% |
| Distributable reserves | 133 | €424 | €424 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,654 | -€8,765 | +€5,889 | +40.2% |
| Amounts payable | 17/49 | €15,263 | €6,331 | -€8,932 | -58.5% |
| Amounts payable within one year | 42/48 | €15,263 | €6,331 | -€8,932 | -58.5% |
| Trade debts | 44 | €1,130 | €133 | -€997 | -88.2% |
| Suppliers | 440/4 | €1,130 | €133 | -€997 | -88.2% |
| Taxes, remuneration and social security | 45 | €134 | €1,254 | +€1,120 | +833.6% |
| Taxes | 450/3 | €134 | €1,254 | +€1,120 | +833.6% |
| Other amounts payable | 47/48 | €13,999 | €4,944 | -€9,055 | -64.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,507 | €1,830 | +€323 | +21.5% |
| Other operating charges | 640/8 | €630 | - | -€630 | |
| Gross operating margin | 9900 | €3,687 | €7,814 | +€4,127 | +111.9% |
| Operating profit (loss) | 9901 | €1,550 | €5,983 | +€4,433 | +286.0% |
| Financial charges | 65/66B | €92 | €94 | +€2 | +2.4% |
| Recurring financial charges | 65 | €92 | €94 | +€2 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | €1,458 | €5,889 | +€4,431 | +303.8% |
| Profit (loss) for the period | 9904 | €1,458 | €5,889 | +€4,431 | +303.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,458 | €5,889 | +€4,431 | +303.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.