FABEC: 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.
FABEC
Largest movements
- Cash +€29,733
up €29,733 (+101%), from €29,447 to €59,180
mainly Depreciation (+€27,313) and Net result for the year (+€12,063)
- Tangible fixed assets -€27,313
down €27,313 (-3.6%), from €756,982 to €729,669
of which Land and buildings: -€23,165
- Debts after one year -€15,495
down €15,495 (-9.5%), from €163,589 to €148,094
of which Financial debts: -€13,467
- Profit (loss) carried forward +€12,063
up €12,063 (+60.3%), from -€20,010 to -€7,947
- Depreciation -€32,885
down €32,885 (-54.6%), from €60,198 to €27,313
- Financial income -€3,828
down €3,828 (-95.6%), from €4,003 to €175
- Gross operating margin +€2,055
up €2,055 (+3.7%), from €56,213 to €58,267
- Financial charges -€796
down €796 (-9.4%), from €8,445 to €7,650
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 | €796,180 | €790,781 | -€5,399 | -0.7% |
| Fixed assets | 21/28 | €756,982 | €729,669 | -€27,313 | -3.6% |
| Tangible fixed assets | 22/27 | €756,982 | €729,669 | -€27,313 | -3.6% |
| Land and buildings | 22 | €689,589 | €666,424 | -€23,165 | -3.4% |
| Plant, machinery and equipment | 23 | €18,893 | €14,745 | -€4,148 | -22.0% |
| Furniture and vehicles | 24 | €48,500 | €48,500 | = | 0.0% |
| Current assets | 29/58 | €39,198 | €61,112 | +€21,914 | +55.9% |
| Amounts receivable within one year | 40/41 | €7,201 | €52 | -€7,149 | -99.3% |
| Other amounts receivable | 41 | €7,201 | €52 | -€7,149 | -99.3% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €29,447 | €59,180 | +€29,733 | +101% |
| Deferred charges and accrued income | 490/1 | €2,550 | €1,880 | -€670 | -26.3% |
| Total equity and liabilities | 10/49 | €796,180 | €790,781 | -€5,399 | -0.7% |
| Equity | 10/15 | €611,934 | €623,997 | +€12,063 | +2.0% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Capital | 10 | €400,000 | €400,000 | = | 0.0% |
| Issued capital | 100 | €400,000 | €400,000 | = | 0.0% |
| Reserves | 13 | €231,943 | €231,943 | = | 0.0% |
| Non-distributable reserves | 130/1 | €40,000 | €40,000 | = | 0.0% |
| Legal reserve | 130 | €40,000 | €40,000 | = | 0.0% |
| Distributable reserves | 133 | €191,943 | €191,943 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,010 | -€7,947 | +€12,063 | +60.3% |
| Amounts payable | 17/49 | €184,246 | €166,784 | -€17,462 | -9.5% |
| Amounts payable after more than one year | 17 | €163,589 | €148,094 | -€15,495 | -9.5% |
| Financial debts | 170/4 | €128,608 | €115,141 | -€13,467 | -10.5% |
| Other amounts payable | 178/9 | €34,981 | €32,953 | -€2,027 | -5.8% |
| Amounts payable within one year | 42/48 | €14,657 | €13,467 | -€1,189 | -8.1% |
| Current portion of amounts payable after more than one year | 42 | €14,657 | €13,467 | -€1,189 | -8.1% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €6,001 | €5,223 | -€778 | -13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,198 | €27,313 | -€32,885 | -54.6% |
| Other operating charges | 640/8 | €11,676 | €11,416 | -€260 | -2.2% |
| Gross operating margin | 9900 | €56,213 | €58,267 | +€2,055 | +3.7% |
| Operating profit (loss) | 9901 | -€15,662 | €19,538 | +€35,200 | |
| Financial income | 75/76B | €4,003 | €175 | -€3,828 | -95.6% |
| Recurring financial income | 75 | €4,003 | €175 | -€3,828 | -95.6% |
| Financial charges | 65/66B | €8,445 | €7,650 | -€796 | -9.4% |
| Recurring financial charges | 65 | €8,445 | €7,650 | -€796 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | -€20,104 | €12,063 | +€32,167 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€20,104 | €12,063 | +€32,167 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,104 | €12,063 | +€32,167 |
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 14 October 2026 via checked.be.