FAYHY: 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.
FAYHY
Largest movements
- Receivables within one year +€72,210
up €72,210 (+77.4%), from €93,268 to €165,478
of which Trade receivables: +€36,910
- Cash -€30,190
no longer reported in 2024 (was €30,190)
mainly Receivables within one year (-€72,210) and Net result for the year (-€22,776)
- Deferred charges and accrued income +€4,516
up €4,516 (+355%), from €1,271 to €5,787
- Tax, wage and social debts +€36,309
up €36,309 (+142%), from €25,518 to €61,827
of which Taxes: +€18,695
- Trade debts +€34,063
up €34,063 (+78.4%), from €43,421 to €77,485
- Profit (loss) carried forward -€22,776
down €22,776 (-37.3%), from €61,060 to €38,283
- Turnover -€129,755
down €129,755 (-33.1%), from €391,990 to €262,235
- Purchases and services -€75,854
down €75,854 (-29.6%), from €256,352 to €180,498
- Gross operating margin -€64,755
down €64,755 (-44.2%), from €146,491 to €81,736
- Other operating charges -€32,783
down €32,783 (-49.1%), from €66,712 to €33,929
- Financial charges -€6,244
down €6,244 (-64.9%), from €9,624 to €3,380
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.
Derived cash bridge
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 | €146,568 | €193,657 | +€47,089 | +32.1% |
| Fixed assets | 21/28 | €21,839 | €22,392 | +€552 | +2.5% |
| Tangible fixed assets | 22/27 | €9,249 | €7,949 | -€1,301 | -14.1% |
| Furniture and vehicles | 24 | €9,249 | €7,949 | -€1,301 | -14.1% |
| Financial fixed assets | 28 | €12,590 | €14,443 | +€1,853 | +14.7% |
| Current assets | 29/58 | €124,729 | €171,265 | +€46,536 | +37.3% |
| Amounts receivable within one year | 40/41 | €93,268 | €165,478 | +€72,210 | +77.4% |
| Trade receivables | 40 | €92,917 | €129,827 | +€36,910 | +39.7% |
| Other amounts receivable | 41 | €351 | €35,651 | +€35,300 | +10,071% |
| Cash at bank and in hand | 54/58 | €30,190 | - | -€30,190 | |
| Deferred charges and accrued income | 490/1 | €1,271 | €5,787 | +€4,516 | +355% |
| Total equity and liabilities | 10/49 | €146,568 | €193,657 | +€47,089 | +32.1% |
| Equity | 10/15 | €77,120 | €54,343 | -€22,776 | -29.5% |
| Contributions | 10/11 | €14,200 | €14,200 | = | 0.0% |
| Capital | 10 | €14,200 | €14,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €4,400 | €4,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,060 | €38,283 | -€22,776 | -37.3% |
| Amounts payable | 17/49 | €69,449 | €139,314 | +€69,865 | +101% |
| Amounts payable within one year | 42/48 | €69,449 | €139,314 | +€69,865 | +101% |
| Financial debts | 43 | - | €2 | +€2 | |
| Credit institutions | 430/8 | - | €2 | +€2 | |
| Trade debts | 44 | €43,421 | €77,485 | +€34,063 | +78.4% |
| Suppliers | 440/4 | €43,421 | €77,485 | +€34,063 | +78.4% |
| Taxes, remuneration and social security | 45 | €25,518 | €61,827 | +€36,309 | +142% |
| Taxes | 450/3 | €24,436 | €43,131 | +€18,695 | +76.5% |
| Remuneration and social security | 454/9 | €1,082 | €18,696 | +€17,614 | +1,628% |
| Other amounts payable | 47/48 | €510 | - | -€510 | |
| Turnover | 70 | €391,990 | €262,235 | -€129,755 | -33.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €256,352 | €180,498 | -€75,854 | -29.6% |
| Remuneration, social security and pensions | 62 | €65,205 | €66,421 | +€1,216 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,424 | €2,705 | +€281 | +11.6% |
| Other operating charges | 640/8 | €66,712 | €33,929 | -€32,783 | -49.1% |
| Gross operating margin | 9900 | €146,491 | €81,736 | -€64,755 | -44.2% |
| Operating profit (loss) | 9901 | €12,151 | -€21,318 | -€33,468 | |
| Financial income | 75/76B | - | €1,921 | +€1,921 | |
| Recurring financial income | 75 | - | €1,921 | +€1,921 | |
| Financial charges | 65/66B | €9,624 | €3,380 | -€6,244 | -64.9% |
| Recurring financial charges | 65 | €9,624 | €3,380 | -€6,244 | -64.9% |
| Profit (loss) for the period before taxes | 9903 | €2,527 | -€22,776 | -€25,303 | |
| Profit (loss) for the period | 9904 | €2,527 | -€22,776 | -€25,303 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,527 | -€22,776 | -€25,303 |
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 13 October 2026 via checked.be.