FGS Façades: 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.
FGS Façades
Largest movements
- Cash +€55,770
up €55,770 (+213%), from €26,143 to €81,913
mainly Other debts (+€116,255) and Net result for the year (+€40,180)
- Tangible fixed assets -€51,002
down €51,002 (-50.1%), from €101,705 to €50,703
of which Plant, machinery and equipment: -€42,067
- Stocks and contracts +€25,618
new in 2025: €25,618
- Receivables within one year +€9,926
up €9,926 (+30.9%), from €32,174 to €42,101
of which Trade receivables: +€8,926
- Other debts +€116,255
up €116,255 (+1,477%), from €7,869 to €124,124
- Profit (loss) carried forward -€94,320
down €94,320 (-78.6%), from €119,968 to €25,648
- Tax, wage and social debts +€15,658
up €15,658 (+75.0%), from €20,869 to €36,527
of which Taxes: +€18,258
- Trade debts +€2,346
up €2,346 (+20.3%), from €11,530 to €13,876
- Depreciation -€18,266
down €18,266 (-54.0%), from €33,801 to €15,535
- Gross operating margin +€9,211
up €9,211 (+15.1%), from €61,195 to €70,406
- Taxes +€6,780
up €6,780 (+104%), from €6,520 to €13,300
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 | €162,736 | €202,675 | +€39,939 | +24.5% |
| Fixed assets | 21/28 | €104,058 | €53,043 | -€51,015 | -49.0% |
| Tangible fixed assets | 22/27 | €101,705 | €50,703 | -€51,002 | -50.1% |
| Plant, machinery and equipment | 23 | €69,135 | €27,068 | -€42,067 | -60.8% |
| Furniture and vehicles | 24 | €32,570 | €23,635 | -€8,935 | -27.4% |
| Financial fixed assets | 28 | €2,353 | €2,340 | -€13 | -0.6% |
| Current assets | 29/58 | €58,678 | €149,632 | +€90,954 | +155% |
| Stocks and contracts in progress | 3 | - | €25,618 | +€25,618 | |
| Stocks | 30/36 | - | €25,618 | +€25,618 | |
| Amounts receivable within one year | 40/41 | €32,174 | €42,101 | +€9,926 | +30.9% |
| Trade receivables | 40 | €32,174 | €41,101 | +€8,926 | +27.7% |
| Other amounts receivable | 41 | - | €1,000 | +€1,000 | |
| Cash at bank and in hand | 54/58 | €26,143 | €81,913 | +€55,770 | +213% |
| Deferred charges and accrued income | 490/1 | €361 | - | -€361 | |
| Total equity and liabilities | 10/49 | €162,736 | €202,675 | +€39,939 | +24.5% |
| Equity | 10/15 | €122,468 | €28,148 | -€94,320 | -77.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €119,968 | €25,648 | -€94,320 | -78.6% |
| Amounts payable | 17/49 | €40,268 | €174,527 | +€134,259 | +333% |
| Amounts payable within one year | 42/48 | €40,268 | €174,527 | +€134,259 | +333% |
| Trade debts | 44 | €11,530 | €13,876 | +€2,346 | +20.3% |
| Suppliers | 440/4 | €11,530 | €13,876 | +€2,346 | +20.3% |
| Taxes, remuneration and social security | 45 | €20,869 | €36,527 | +€15,658 | +75.0% |
| Taxes | 450/3 | €18,269 | €36,527 | +€18,258 | +99.9% |
| Remuneration and social security | 454/9 | €2,600 | - | -€2,600 | |
| Other amounts payable | 47/48 | €7,869 | €124,124 | +€116,255 | +1,477% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,801 | €15,535 | -€18,266 | -54.0% |
| Other operating charges | 640/8 | €850 | €462 | -€388 | -45.7% |
| Gross operating margin | 9900 | €61,195 | €70,406 | +€9,211 | +15.1% |
| Operating profit (loss) | 9901 | €26,545 | €54,409 | +€27,864 | +105% |
| Financial income | 75/76B | €5 | €205 | +€199 | +3,880% |
| Recurring financial income | 75 | €5 | €205 | +€199 | +3,880% |
| Financial charges | 65/66B | €908 | €1,134 | +€226 | +24.9% |
| Recurring financial charges | 65 | €908 | €1,134 | +€226 | +24.9% |
| Profit (loss) for the period before taxes | 9903 | €25,642 | €53,480 | +€27,838 | +109% |
| Income taxes | 67/77 | €6,520 | €13,300 | +€6,780 | +104% |
| Profit (loss) for the period | 9904 | €19,122 | €40,180 | +€21,058 | +110% |
| Profit (loss) for the period to be appropriated | 9905 | €19,122 | €40,180 | +€21,058 | +110% |
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 22 October 2026 via checked.be.