FABATHOME: 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.
What changed
FABATHOME
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€23,214
2024 · -€41,331+€64,545
Equity
€210,045
2024 · €186,831+€23,214
Cash
€3,167
2024 · €11,934-€8,767
Balance sheet total
€4.3m
2024 · €4.4m-€151,098
Largest movements
Assets
- Tangible fixed assets -€153,133
down €153,133 (-3.5%), from €4.4m to €4.2m
of which Land and buildings: -€131,933
Equity and liabilities
- Other debts -€133,669
down €133,669 (-17.4%), from €767,271 to €633,602
- Profit (loss) carried forward +€65,207
up €65,207 (+5.6%), from -€1.2m to -€1.1m
Income statement
- Gross operating margin +€44,062
up €44,062 (+15.8%), from €278,748 to €322,810
- Financial charges -€36,341
down €36,341 (-23.5%), from €154,380 to €118,039
- Taxes +€23,480
up €23,480 (+1,565%), from €1,500 to €24,980
- Depreciation -€6,543
down €6,543 (-4.1%), from €159,676 to €153,133
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.
Result 2024
-€41,331
Gross operating margin
+€44,062
Depreciation
+€6,543
Other operating charges
+€656
Financial income
+€338
Financial charges
+€36,341
Taxes
-€23,480
Deferred taxes and other
+€86
Result 2025
€23,214
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€37,089
Investment
€0
Financing
-€45,855
Cash 2024
€11,934
From operations (derived)
+€37,089
Net result for the year
+€23,214
Depreciation
+€153,133
Receivables within one year
-€9,876
Deferred charges and accrued income
-€925
Provisions
-€13,998
Trade debts
-€6,512
Tax, wage and social debts
+€29,002
Other debts
-€133,669
Accrued charges and deferred income
-€3,281
Financing
-€45,855
Debts after one year
-€36,611
Current portion of long-term debt
-€1,566
Short-term financial debts
-€7,679
Cash 2025
€3,167
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,409,562 | €4,258,464 | -€151,098 | -3.4% |
| Fixed assets | 21/28 | €4,387,287 | €4,234,154 | -€153,133 | -3.5% |
| Tangible fixed assets | 22/27 | €4,387,287 | €4,234,154 | -€153,133 | -3.5% |
| Land and buildings | 22 | €4,338,023 | €4,206,090 | -€131,933 | -3.0% |
| Plant, machinery and equipment | 23 | €37,993 | €21,386 | -€16,607 | -43.7% |
| Furniture and vehicles | 24 | €11,272 | €6,679 | -€4,593 | -40.7% |
| Current assets | 29/58 | €22,275 | €24,310 | +€2,035 | +9.1% |
| Amounts receivable within one year | 40/41 | €7,119 | €16,995 | +€9,876 | +139% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €7,119 | €16,995 | +€9,876 | +139% |
| Cash at bank and in hand | 54/58 | €11,934 | €3,167 | -€8,767 | -73.5% |
| Deferred charges and accrued income | 490/1 | €3,223 | €4,147 | +€925 | +28.7% |
| Total equity and liabilities | 10/49 | €4,409,562 | €4,258,464 | -€151,098 | -3.4% |
| Equity | 10/15 | €186,831 | €210,045 | +€23,214 | +12.4% |
| Contributions | 10/11 | €161,131 | €161,131 | = | 0.0% |
| Capital | 10 | €161,131 | €161,131 | = | 0.0% |
| Issued capital | 100 | €161,131 | €161,131 | = | 0.0% |
| Reserves | 13 | €1,191,279 | €1,149,286 | -€41,993 | -3.5% |
| Non-distributable reserves | 130/1 | €16,113 | €16,113 | = | 0.0% |
| Legal reserve | 130 | €16,113 | €16,113 | = | 0.0% |
| Tax-exempt reserves | 132 | €952,062 | €910,069 | -€41,993 | -4.4% |
| Distributable reserves | 133 | €223,104 | €223,104 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,165,580 | -€1,100,372 | +€65,207 | +5.6% |
| Provisions and deferred taxes | 16 | €317,354 | €303,356 | -€13,998 | -4.4% |
| Deferred taxes | 168 | €317,354 | €303,356 | -€13,998 | -4.4% |
| Amounts payable | 17/49 | €3,905,378 | €3,745,063 | -€160,315 | -4.1% |
| Amounts payable after more than one year | 17 | €1,581,172 | €1,544,562 | -€36,611 | -2.3% |
| Financial debts | 170/4 | €1,581,172 | €1,539,162 | -€42,011 | -2.7% |
| Other amounts payable | 178/9 | - | €5,400 | +€5,400 | |
| Amounts payable within one year | 42/48 | €2,312,831 | €2,192,408 | -€120,423 | -5.2% |
| Current portion of amounts payable after more than one year | 42 | €39,326 | €37,760 | -€1,566 | -4.0% |
| Financial debts | 43 | €1,485,804 | €1,478,125 | -€7,679 | -0.5% |
| Credit institutions | 430/8 | €1,485,804 | €1,478,125 | -€7,679 | -0.5% |
| Trade debts | 44 | €18,233 | €11,721 | -€6,512 | -35.7% |
| Suppliers | 440/4 | €18,233 | €11,721 | -€6,512 | -35.7% |
| Taxes, remuneration and social security | 45 | €2,198 | €31,200 | +€29,002 | +1,320% |
| Taxes | 450/3 | €2,198 | €31,200 | +€29,002 | +1,320% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €767,271 | €633,602 | -€133,669 | -17.4% |
| Accrued charges and deferred income | 492/3 | €11,374 | €8,093 | -€3,281 | -28.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €159,676 | €153,133 | -€6,543 | -4.1% |
| Other operating charges | 640/8 | €18,543 | €17,887 | -€656 | -3.5% |
| Gross operating margin | 9900 | €278,748 | €322,810 | +€44,062 | +15.8% |
| Operating profit (loss) | 9901 | €100,530 | €151,790 | +€51,261 | +51.0% |
| Financial income | 75/76B | €108 | €446 | +€338 | +313% |
| Recurring financial income | 75 | €108 | €446 | +€338 | +313% |
| Financial charges | 65/66B | €154,380 | €118,039 | -€36,341 | -23.5% |
| Recurring financial charges | 65 | €154,380 | €118,039 | -€36,341 | -23.5% |
| Profit (loss) for the period before taxes | 9903 | -€53,742 | €34,197 | +€87,939 | |
| Transfer from deferred taxes | 780 | €13,912 | €13,998 | +€86 | +0.6% |
| Income taxes | 67/77 | €1,500 | €24,980 | +€23,480 | +1,565% |
| Profit (loss) for the period | 9904 | -€41,331 | €23,214 | +€64,545 | |
| Transfer from tax-exempt reserves | 789 | €41,735 | €41,993 | +€258 | +0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €404 | €65,207 | +€64,803 | +16,044% |
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 20 October 2026 via checked.be.