FAUSTEIN: 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.
FAUSTEIN
Largest movements
- Receivables within one year -€32,418
down €32,418 (-98.5%), from €32,926 to €508
- Receivables after one year +€30,827
new in 2025: €30,827
- Tangible fixed assets -€1,368
down €1,368 (-66.6%), from €2,054 to €686
of which Furniture and vehicles: -€1,102
- Deferred charges and accrued income -€493
down €493 (-57.7%), from €855 to €362
- Accrued charges and deferred income -€6,415
no longer reported in 2025 (was €6,415)
- Trade debts +€5,463
up €5,463 (+52.4%), from €10,418 to €15,881
- Profit (loss) carried forward -€3,555
down €3,555 (-83.4%), from -€4,261 to -€7,816
- Tax, wage and social debts +€653
up €653 (+17.1%), from €3,814 to €4,467
- Financial income -€1,925
no longer reported in 2025 (was €1,925)
- Gross operating margin -€1,876
down €1,876 (-57.1%), from €3,284 to €1,408
- Depreciation -€622
down €622 (-31.3%), from €1,990 to €1,368
- Other operating charges +€515
up €515 (+26.0%), from €1,984 to €2,499
- Financial charges -€250
down €250 (-20.7%), from €1,205 to €955
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 | €39,277 | €35,434 | -€3,843 | -9.8% |
| Fixed assets | 21/28 | €2,234 | €866 | -€1,368 | -61.2% |
| Tangible fixed assets | 22/27 | €2,054 | €686 | -€1,368 | -66.6% |
| Plant, machinery and equipment | 23 | €266 | - | -€266 | |
| Furniture and vehicles | 24 | €1,788 | €686 | -€1,102 | -61.6% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €37,043 | €34,568 | -€2,475 | -6.7% |
| Amounts receivable after more than one year | 29 | - | €30,827 | +€30,827 | |
| Other amounts receivable | 291 | - | €30,827 | +€30,827 | |
| Stocks and contracts in progress | 3 | €2,755 | €2,755 | = | 0.0% |
| Stocks | 30/36 | €2,755 | €2,755 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €32,926 | €508 | -€32,418 | -98.5% |
| Other amounts receivable | 41 | €32,926 | €508 | -€32,418 | -98.5% |
| Cash at bank and in hand | 54/58 | €507 | €116 | -€391 | -77.1% |
| Deferred charges and accrued income | 490/1 | €855 | €362 | -€493 | -57.7% |
| Total equity and liabilities | 10/49 | €39,277 | €35,434 | -€3,843 | -9.8% |
| Equity | 10/15 | €16,419 | €12,864 | -€3,555 | -21.7% |
| Contributions | 10/11 | €18,800 | €18,800 | = | 0.0% |
| Reserves | 13 | €1,880 | €1,880 | = | 0.0% |
| Distributable reserves | 133 | €1,880 | €1,880 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,261 | -€7,816 | -€3,555 | -83.4% |
| Amounts payable | 17/49 | €22,858 | €22,570 | -€288 | -1.3% |
| Amounts payable within one year | 42/48 | €16,443 | €22,570 | +€6,127 | +37.3% |
| Financial debts | 43 | €2,211 | €2,222 | +€11 | +0.5% |
| Credit institutions | 430/8 | €2,211 | €2,222 | +€11 | +0.5% |
| Trade debts | 44 | €10,418 | €15,881 | +€5,463 | +52.4% |
| Suppliers | 440/4 | €10,418 | €15,881 | +€5,463 | +52.4% |
| Taxes, remuneration and social security | 45 | €3,814 | €4,467 | +€653 | +17.1% |
| Taxes | 450/3 | €3,814 | €4,467 | +€653 | +17.1% |
| Accrued charges and deferred income | 492/3 | €6,415 | - | -€6,415 | |
| Non-recurring operating income | 76A | €3,500 | - | -€3,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,990 | €1,368 | -€622 | -31.3% |
| Other operating charges | 640/8 | €1,984 | €2,499 | +€515 | +26.0% |
| Gross operating margin | 9900 | €3,284 | €1,408 | -€1,876 | -57.1% |
| Operating profit (loss) | 9901 | -€690 | -€2,459 | -€1,769 | -256% |
| Financial income | 75/76B | €1,925 | - | -€1,925 | |
| Recurring financial income | 75 | €1,925 | - | -€1,925 | |
| Financial charges | 65/66B | €1,205 | €955 | -€250 | -20.7% |
| Recurring financial charges | 65 | €1,205 | €955 | -€250 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | €30 | -€3,414 | -€3,444 | |
| Income taxes | 67/77 | €280 | €141 | -€139 | -49.6% |
| Profit (loss) for the period | 9904 | -€250 | -€3,555 | -€3,305 | -1,322% |
| Profit (loss) for the period to be appropriated | 9905 | -€250 | -€3,555 | -€3,305 | -1,322% |
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 28 October 2026 via checked.be.