IMMO FADETO: 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.
IMMO FADETO
Largest movements
- Receivables within one year +€19,979
up €19,979 (+136%), from €14,642 to €34,621
of which Trade receivables: +€15,302
- Cash -€15,949
down €15,949 (-25.7%), from €62,062 to €46,114
mainly Receivables within one year (-€19,979) and Investment in fixed assets (net) (-€8,774)
- Tangible fixed assets -€8,508
down €8,508 (-17.9%), from €47,571 to €39,063
- Trade debts -€4,678
down €4,678 (-31.8%), from €14,705 to €10,027
- Gross operating margin -€8,072
down €8,072 (-28.4%), from €28,406 to €20,334
- Depreciation +€4,196
up €4,196 (+32.1%), from €13,086 to €17,282
- Taxes +€1,948
new in 2025: €1,948
- Financial charges -€868
down €868 (-81.3%), from €1,068 to €200
- Other operating charges -€368
down €368 (-30.1%), from €1,222 to €854
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 | €124,275 | €119,798 | -€4,477 | -3.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €47,571 | €39,063 | -€8,508 | -17.9% |
| Tangible fixed assets | 22/27 | €47,571 | €39,063 | -€8,508 | -17.9% |
| Land and buildings | 22 | €14,177 | €10,187 | -€3,990 | -28.1% |
| Plant, machinery and equipment | 23 | €24,168 | €23,058 | -€1,111 | -4.6% |
| Furniture and vehicles | 24 | €8,030 | €5,276 | -€2,755 | -34.3% |
| Leasing and similar rights | 25 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €1,195 | €543 | -€653 | -54.6% |
| Current assets | 29/58 | €76,704 | €80,735 | +€4,031 | +5.3% |
| Amounts receivable within one year | 40/41 | €14,642 | €34,621 | +€19,979 | +136% |
| Trade receivables | 40 | €8,963 | €24,265 | +€15,302 | +171% |
| Other amounts receivable | 41 | €5,678 | €10,356 | +€4,678 | +82.4% |
| Cash at bank and in hand | 54/58 | €62,062 | €46,114 | -€15,949 | -25.7% |
| Total equity and liabilities | 10/49 | €124,275 | €119,798 | -€4,477 | -3.6% |
| Equity | 10/15 | €53,663 | €53,713 | +€50 | +0.1% |
| Contributions | 10/11 | €53,297 | €53,297 | = | 0.0% |
| Capital | 10 | €53,297 | €53,297 | = | 0.0% |
| Issued capital | 100 | €53,297 | €53,297 | = | 0.0% |
| Profit (loss) carried forward | 14 | €366 | €416 | +€50 | +13.6% |
| Amounts payable | 17/49 | €70,611 | €66,085 | -€4,527 | -6.4% |
| Amounts payable within one year | 42/48 | €70,611 | €66,085 | -€4,527 | -6.4% |
| Trade debts | 44 | €14,705 | €10,027 | -€4,678 | -31.8% |
| Suppliers | 440/4 | €14,705 | €10,027 | -€4,678 | -31.8% |
| Other amounts payable | 47/48 | €55,907 | €56,058 | +€151 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,086 | €17,282 | +€4,196 | +32.1% |
| Other operating charges | 640/8 | €1,222 | €854 | -€368 | -30.1% |
| Gross operating margin | 9900 | €28,406 | €20,334 | -€8,072 | -28.4% |
| Operating profit (loss) | 9901 | €14,098 | €2,198 | -€11,901 | -84.4% |
| Financial charges | 65/66B | €1,068 | €200 | -€868 | -81.3% |
| Recurring financial charges | 65 | €1,068 | €200 | -€868 | -81.3% |
| Profit (loss) for the period before taxes | 9903 | €13,031 | €1,998 | -€11,033 | -84.7% |
| Income taxes | 67/77 | - | €1,948 | +€1,948 | |
| Profit (loss) for the period | 9904 | €13,031 | €50 | -€12,981 | -99.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,031 | €50 | -€12,981 | -99.6% |
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 18 October 2026 via checked.be.