BON FABRICE: 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.
BON FABRICE
Largest movements
- Receivables within one year +€48,305
up €48,305 (+21.3%), from €227,187 to €275,491
- Tangible fixed assets -€11,417
down €11,417 (-3.6%), from €315,189 to €303,772
of which Land and buildings: -€12,952
- Receivables after one year +€9,373
up €9,373 (+3.5%), from €267,806 to €277,179
- Other debts +€54,724
up €54,724 (+99.0%), from €55,300 to €110,024
- Reserves +€16,258
up €16,258 (+4.9%), from €333,758 to €350,015
of which Distributable reserves: +€18,118
- Tax, wage and social debts -€15,012
down €15,012 (-53.6%), from €27,998 to €12,986
- Write-downs -€23,230
no longer reported in 2025 (was €23,230)
- Taxes +€5,468
up €5,468 (+23.2%), from €23,589 to €29,057
- Gross operating margin -€5,072
down €5,072 (-4.1%), from €123,471 to €118,399
- Depreciation +€2,431
up €2,431 (+11.9%), from €20,375 to €22,806
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 | €834,450 | €886,363 | +€51,913 | +6.2% |
| Fixed assets | 21/28 | €316,434 | €305,017 | -€11,417 | -3.6% |
| Tangible fixed assets | 22/27 | €315,189 | €303,772 | -€11,417 | -3.6% |
| Land and buildings | 22 | €248,086 | €235,134 | -€12,952 | -5.2% |
| Plant, machinery and equipment | 23 | €61,024 | €53,331 | -€7,693 | -12.6% |
| Furniture and vehicles | 24 | €6,078 | €15,306 | +€9,228 | +152% |
| Financial fixed assets | 28 | €1,245 | €1,245 | = | 0.0% |
| Current assets | 29/58 | €518,016 | €581,346 | +€63,330 | +12.2% |
| Amounts receivable after more than one year | 29 | €267,806 | €277,179 | +€9,373 | +3.5% |
| Other amounts receivable | 291 | €267,806 | €277,179 | +€9,373 | +3.5% |
| Amounts receivable within one year | 40/41 | €227,187 | €275,491 | +€48,305 | +21.3% |
| Other amounts receivable | 41 | €227,187 | €275,491 | +€48,305 | +21.3% |
| Cash at bank and in hand | 54/58 | €17,950 | €24,999 | +€7,050 | +39.3% |
| Deferred charges and accrued income | 490/1 | €5,074 | €3,676 | -€1,397 | -27.5% |
| Total equity and liabilities | 10/49 | €834,450 | €886,363 | +€51,913 | +6.2% |
| Equity | 10/15 | €467,518 | €483,775 | +€16,258 | +3.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €333,758 | €350,015 | +€16,258 | +4.9% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €331,898 | €350,015 | +€18,118 | +5.5% |
| Profit (loss) carried forward | 14 | €115,160 | €115,160 | = | 0.0% |
| Amounts payable | 17/49 | €366,932 | €402,588 | +€35,656 | +9.7% |
| Amounts payable after more than one year | 17 | €236,315 | €235,354 | -€961 | -0.4% |
| Financial debts | 170/4 | €236,315 | €235,354 | -€961 | -0.4% |
| Amounts payable within one year | 42/48 | €130,617 | €167,234 | +€36,616 | +28.0% |
| Current portion of amounts payable after more than one year | 42 | €43,140 | €40,382 | -€2,758 | -6.4% |
| Trade debts | 44 | €4,179 | €3,841 | -€338 | -8.1% |
| Suppliers | 440/4 | €4,179 | €3,841 | -€338 | -8.1% |
| Taxes, remuneration and social security | 45 | €27,998 | €12,986 | -€15,012 | -53.6% |
| Taxes | 450/3 | €27,998 | €12,986 | -€15,012 | -53.6% |
| Other amounts payable | 47/48 | €55,300 | €110,024 | +€54,724 | +99.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,375 | €22,806 | +€2,431 | +11.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €23,230 | - | -€23,230 | |
| Other operating charges | 640/8 | €772 | €1,363 | +€592 | +76.7% |
| Gross operating margin | 9900 | €123,471 | €118,399 | -€5,072 | -4.1% |
| Operating profit (loss) | 9901 | €79,095 | €94,230 | +€15,135 | +19.1% |
| Financial income | 75/76B | €20,909 | €19,861 | -€1,048 | -5.0% |
| Recurring financial income | 75 | €20,909 | €19,861 | -€1,048 | -5.0% |
| Financial charges | 65/66B | €15,148 | €14,052 | -€1,096 | -7.2% |
| Recurring financial charges | 65 | €15,148 | €14,052 | -€1,096 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €84,855 | €100,039 | +€15,183 | +17.9% |
| Income taxes | 67/77 | €23,589 | €29,057 | +€5,468 | +23.2% |
| Profit (loss) for the period | 9904 | €61,266 | €70,982 | +€9,716 | +15.9% |
| Profit (loss) for the period to be appropriated | 9905 | €61,266 | €70,982 | +€9,716 | +15.9% |
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 25 October 2026 via checked.be.