FABAMA: what changed
Two fiscal 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.
FABAMA
Largest movements
- Cash +€56,679
up €56,679 (+249.8%), from €22,694 to €79,373
mainly Net result for the year (+€232,333) and Tax, wage and social debts (+€4,176)
- Current investments +€25,730
up €25,730 (+2.6%), from €999,179 to €1.0m
- Reserves +€232,000
up €232,000 (+19.4%), from €1.2m to €1.4m
of which Distributable reserves: +€232,000
- Other debts -€150,656
down €150,656 (-100.0%), from €150,661 to €5
- Financial income +€52,930
up €52,930 (+28.1%), from €188,113 to €241,043
- Gross operating margin -€5,708
down €5,708 (-26.3%), from €21,734 to €16,026
- Taxes +€4,303
up €4,303 (+22.5%), from €19,085 to €23,388
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,444,051 | €1,530,231 | +€86,180 | +6.0% |
| Fixed assets | 21/28 | €421,667 | €425,420 | +€3,753 | +0.9% |
| Tangible fixed assets | 22/27 | - | €3,753 | +€3,753 | |
| Furniture and vehicles | 24 | - | €3,753 | +€3,753 | |
| Financial fixed assets | 28 | €421,667 | €421,667 | = | 0.0% |
| Current assets | 29/58 | €1,022,384 | €1,104,810 | +€82,426 | +8.1% |
| Current investments | 50/53 | €999,179 | €1,024,909 | +€25,730 | +2.6% |
| Cash at bank and in hand | 54/58 | €22,694 | €79,373 | +€56,679 | +249.8% |
| Deferred charges and accrued income | 490/1 | €511 | €528 | +€17 | +3.4% |
| Total equity and liabilities | 10/49 | €1,444,051 | €1,530,231 | +€86,180 | +6.0% |
| Equity | 10/15 | €1,272,789 | €1,505,122 | +€232,333 | +18.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €1,196,500 | €1,428,500 | +€232,000 | +19.4% |
| Non-distributable reserves | 130/1 | €13,500 | €13,500 | = | 0.0% |
| Legal reserve | 130 | €13,500 | €13,500 | = | 0.0% |
| Distributable reserves | 133 | €1,183,000 | €1,415,000 | +€232,000 | +19.6% |
| Profit (loss) carried forward | 14 | €14,789 | €15,122 | +€333 | +2.3% |
| Amounts payable | 17/49 | €171,262 | €25,109 | -€146,153 | -85.3% |
| Amounts payable within one year | 42/48 | €171,262 | €25,109 | -€146,153 | -85.3% |
| Trade debts | 44 | €1,702 | €2,029 | +€327 | +19.2% |
| Suppliers | 440/4 | €1,702 | €2,029 | +€327 | +19.2% |
| Taxes, remuneration and social security | 45 | €18,900 | €23,075 | +€4,176 | +22.1% |
| Taxes | 450/3 | €18,900 | €23,075 | +€4,176 | +22.1% |
| Other amounts payable | 47/48 | €150,661 | €5 | -€150,656 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €546 | €575 | +€30 | +5.4% |
| Other operating charges | 640/8 | €698 | €637 | -€61 | -8.7% |
| Gross operating margin | 9900 | €21,734 | €16,026 | -€5,708 | -26.3% |
| Operating profit (loss) | 9901 | €20,491 | €14,813 | -€5,677 | -27.7% |
| Financial income | 75/76B | €188,113 | €241,043 | +€52,930 | +28.1% |
| Recurring financial income | 75 | €188,113 | €241,043 | +€52,930 | +28.1% |
| Financial charges | 65/66B | €119 | €135 | +€17 | +14.0% |
| Recurring financial charges | 65 | €119 | €135 | +€17 | +14.0% |
| Profit (loss) for the period before taxes | 9903 | €208,485 | €255,721 | +€47,236 | +22.7% |
| Income taxes | 67/77 | €19,085 | €23,388 | +€4,303 | +22.5% |
| Profit (loss) for the period | 9904 | €189,400 | €232,333 | +€42,932 | +22.7% |
| Profit (loss) for the period to be appropriated | 9905 | €189,400 | €232,333 | +€42,932 | +22.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.