Fectum: 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.
Fectum
Largest movements
- Cash +€79,115
up €79,115 (+60.8%), from €130,035 to €209,150
mainly Net result for the year (+€60,490) and Tax, wage and social debts (+€25,129)
- Receivables within one year +€27,775
up €27,775 (+237.8%), from €11,681 to €39,456
of which Trade receivables: +€29,304
- Tangible fixed assets -€20,093
down €20,093 (-37.2%), from €54,024 to €33,930
of which Furniture and vehicles: -€19,088
- Deferred charges and accrued income -€5,036
down €5,036 (-13.0%), from €38,873 to €33,837
- Reserves +€59,577
up €59,577 (+27.7%), from €215,363 to €274,940
- Tax, wage and social debts +€25,129
up €25,129 (+490.0%), from €5,128 to €30,257
of which Taxes: +€25,129
- Trade debts -€4,301
down €4,301 (-57.1%), from €7,534 to €3,233
- Depreciation -€17,946
down €17,946 (-58.8%), from €30,520 to €12,574
- Gross operating margin +€10,180
up €10,180 (+11.5%), from €88,223 to €98,404
- Taxes +€7,855
up €7,855 (+49.4%), from €15,904 to €23,759
- Other operating charges -€1,031
down €1,031 (-40.1%), from €2,571 to €1,540
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 | €234,701 | €316,374 | +€81,673 | +34.8% |
| Fixed assets | 21/28 | €54,111 | €33,930 | -€20,181 | -37.3% |
| Intangible fixed assets | 21 | €88 | €0 | -€88 | -100.0% |
| Tangible fixed assets | 22/27 | €54,024 | €33,930 | -€20,093 | -37.2% |
| Plant, machinery and equipment | 23 | - | €1,128 | +€1,128 | |
| Furniture and vehicles | 24 | €46,885 | €27,797 | -€19,088 | -40.7% |
| Other tangible fixed assets | 26 | €7,138 | €5,006 | -€2,133 | -29.9% |
| Current assets | 29/58 | €180,590 | €282,443 | +€101,854 | +56.4% |
| Amounts receivable within one year | 40/41 | €11,681 | €39,456 | +€27,775 | +237.8% |
| Trade receivables | 40 | €10,152 | €39,456 | +€29,304 | +288.6% |
| Other amounts receivable | 41 | €1,529 | €0 | -€1,529 | -100.0% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €130,035 | €209,150 | +€79,115 | +60.8% |
| Deferred charges and accrued income | 490/1 | €38,873 | €33,837 | -€5,036 | -13.0% |
| Total equity and liabilities | 10/49 | €234,701 | €316,374 | +€81,673 | +34.8% |
| Equity | 10/15 | €215,363 | €274,940 | +€59,577 | +27.7% |
| Reserves | 13 | €215,363 | €274,940 | +€59,577 | +27.7% |
| Distributable reserves | 133 | €215,363 | €274,940 | +€59,577 | +27.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €19,338 | €41,434 | +€22,095 | +114.3% |
| Amounts payable within one year | 42/48 | €18,496 | €41,050 | +€22,554 | +121.9% |
| Financial debts | 43 | €23 | €0 | -€23 | -100.0% |
| Other loans | 439 | €23 | €0 | -€23 | -100.0% |
| Trade debts | 44 | €7,534 | €3,233 | -€4,301 | -57.1% |
| Suppliers | 440/4 | €7,534 | €3,233 | -€4,301 | -57.1% |
| Taxes, remuneration and social security | 45 | €5,128 | €30,257 | +€25,129 | +490.0% |
| Taxes | 450/3 | €2,315 | €27,443 | +€25,129 | +1085.7% |
| Remuneration and social security | 454/9 | €2,814 | €2,814 | = | 0.0% |
| Other amounts payable | 47/48 | €5,810 | €7,560 | +€1,750 | +30.1% |
| Accrued charges and deferred income | 492/3 | €842 | €383 | -€459 | -54.5% |
| Non-recurring operating income | 76A | - | €17,628 | +€17,628 | |
| Remuneration, social security and pensions | 62 | €365 | €415 | +€50 | +13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,520 | €12,574 | -€17,946 | -58.8% |
| Other operating charges | 640/8 | €2,571 | €1,540 | -€1,031 | -40.1% |
| Non-recurring operating charges | 66A | €797 | €0 | -€797 | -100.0% |
| Gross operating margin | 9900 | €88,223 | €98,404 | +€10,180 | +11.5% |
| Operating profit (loss) | 9901 | €53,970 | €83,875 | +€29,904 | +55.4% |
| Financial income | 75/76B | €2 | €950 | +€948 | +42692.8% |
| Recurring financial income | 75 | €2 | €950 | +€948 | +42692.8% |
| Financial charges | 65/66B | €406 | €575 | +€169 | +41.7% |
| Recurring financial charges | 65 | €406 | €575 | +€169 | +41.7% |
| Profit (loss) for the period before taxes | 9903 | €53,567 | €84,250 | +€30,683 | +57.3% |
| Income taxes | 67/77 | €15,904 | €23,759 | +€7,855 | +49.4% |
| Profit (loss) for the period | 9904 | €37,662 | €60,490 | +€22,828 | +60.6% |
| Profit (loss) for the period to be appropriated | 9905 | €37,662 | €60,490 | +€22,828 | +60.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.