NEW FAISAN DORÉ: 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.
NEW FAISAN DORÉ
Largest movements
- Tangible fixed assets -€240,238
down €240,238 (-84.2%), from €285,238 to €45,000
of which Land and buildings: -€240,238
- Profit (loss) carried forward -€242,055
down €242,055, from €35,620 to -€206,435
- Other debts +€40,000
up €40,000 (+37.0%), from €108,188 to €148,188
- Debts after one year -€36,556
down €36,556 (-36.8%), from €99,363 to €62,808
- Tax, wage and social debts -€6,034
down €6,034 (-74.2%), from €8,133 to €2,099
of which Taxes: -€5,516
- Current portion of long-term debt +€3,298
up €3,298 (+10.6%), from €31,216 to €34,514
- Gross operating margin -€36,671
down €36,671 (-82.4%), from €44,510 to €7,839
- Depreciation -€15,891
down €15,891 (-100%), from €15,891 to €0
- Staff costs -€8,960
down €8,960, from €8,394 to -€567
- Taxes -€2,661
down €2,661, from €2,061 to -€600
- Other operating charges -€1,561
down €1,561 (-18.5%), from €8,455 to €6,894
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 | €304,298 | €63,857 | -€240,442 | -79.0% |
| Fixed assets | 21/28 | €285,353 | €45,000 | -€240,353 | -84.2% |
| Tangible fixed assets | 22/27 | €285,238 | €45,000 | -€240,238 | -84.2% |
| Land and buildings | 22 | €285,238 | €45,000 | -€240,238 | -84.2% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Financial fixed assets | 28 | €115 | €0 | -€115 | -100% |
| Current assets | 29/58 | €18,946 | €18,857 | -€89 | -0.5% |
| Amounts receivable within one year | 40/41 | €13,701 | €13,074 | -€627 | -4.6% |
| Trade receivables | 40 | €3,455 | €2,153 | -€1,302 | -37.7% |
| Other amounts receivable | 41 | €10,247 | €10,922 | +€675 | +6.6% |
| Cash at bank and in hand | 54/58 | €4,810 | €4,439 | -€371 | -7.7% |
| Deferred charges and accrued income | 490/1 | €434 | €1,343 | +€910 | +210% |
| Total equity and liabilities | 10/49 | €304,298 | €63,857 | -€240,442 | -79.0% |
| Equity | 10/15 | €48,180 | -€193,875 | -€242,055 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €6,360 | €6,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,360 | €1,860 | -€4,500 | -70.8% |
| Legal reserve | 130 | €6,360 | - | -€6,360 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Other | 1319 | - | €0 | = | |
| Distributable reserves | 133 | - | €4,500 | +€4,500 | |
| Profit (loss) carried forward | 14 | €35,620 | -€206,435 | -€242,055 | |
| Amounts payable | 17/49 | €256,119 | €257,732 | +€1,613 | +0.6% |
| Amounts payable after more than one year | 17 | €99,363 | €62,808 | -€36,556 | -36.8% |
| Financial debts | 170/4 | €99,363 | €62,808 | -€36,556 | -36.8% |
| Amounts payable within one year | 42/48 | €156,755 | €194,924 | +€38,169 | +24.3% |
| Current portion of amounts payable after more than one year | 42 | €31,216 | €34,514 | +€3,298 | +10.6% |
| Trade debts | 44 | €9,219 | €10,123 | +€905 | +9.8% |
| Suppliers | 440/4 | €9,219 | €10,123 | +€905 | +9.8% |
| Taxes, remuneration and social security | 45 | €8,133 | €2,099 | -€6,034 | -74.2% |
| Taxes | 450/3 | €7,615 | €2,099 | -€5,516 | -72.4% |
| Remuneration and social security | 454/9 | €518 | €0 | -€518 | -100% |
| Other amounts payable | 47/48 | €108,188 | €148,188 | +€40,000 | +37.0% |
| Remuneration, social security and pensions | 62 | €8,394 | -€567 | -€8,960 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,891 | €0 | -€15,891 | -100% |
| Other operating charges | 640/8 | €8,455 | €6,894 | -€1,561 | -18.5% |
| Non-recurring operating charges | 66A | - | €240,238 | +€240,238 | |
| Gross operating margin | 9900 | €44,510 | €7,839 | -€36,671 | -82.4% |
| Operating profit (loss) | 9901 | €11,770 | -€238,726 | -€250,496 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €5,258 | €3,929 | -€1,328 | -25.3% |
| Recurring financial charges | 65 | €5,258 | €3,929 | -€1,328 | -25.3% |
| Profit (loss) for the period before taxes | 9903 | €6,512 | -€242,655 | -€249,167 | |
| Income taxes | 67/77 | €2,061 | -€600 | -€2,661 | |
| Profit (loss) for the period | 9904 | €4,451 | -€242,055 | -€246,506 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,451 | -€242,055 | -€246,506 |
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 24 October 2026 via checked.be.