FABEJE: 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.
FABEJE
Largest movements
- Tangible fixed assets -€28,001
down €28,001 (-64.9%), from €43,148 to €15,147
of which Furniture and vehicles: -€23,547
- Cash +€26,752
up €26,752 (+101.4%), from €26,391 to €53,143
mainly Investment in fixed assets (net) (+€19,996) and Net result for the year (+€15,877)
- Deferred charges and accrued income -€5,007
down €5,007 (-92.7%), from €5,402 to €395
- Stocks and contracts -€959
down €959 (-9.7%), from €9,859 to €8,899
- Debts after one year -€17,804
down €17,804 (-63.6%), from €28,013 to €10,209
- Reserves +€15,000
up €15,000 (+214.3%), from €7,000 to €22,000
- Tax, wage and social debts +€12,345
up €12,345 (+705.1%), from €1,751 to €14,096
of which Taxes: +€10,502
- Current portion of long-term debt -€8,452
down €8,452 (-68.3%), from €12,373 to €3,921
- Other debts -€8,431
down €8,431 (-27.4%), from €30,814 to €22,383
- Gross operating margin +€14,082
up €14,082 (+36.0%), from €39,119 to €53,201
- Depreciation -€11,266
down €11,266 (-58.5%), from €19,271 to €8,005
- Taxes +€8,592
up €8,592 (+2105.2%), from €408 to €9,000
- Other operating charges +€2,476
up €2,476 (+88.5%), from €2,798 to €5,274
- Financial charges +€1,168
up €1,168 (+89.2%), from €1,308 to €2,476
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.
Cash bridge derived
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 | €85,072 | €77,585 | -€7,487 | -8.8% |
| Fixed assets | 21/28 | €43,148 | €15,147 | -€28,001 | -64.9% |
| Tangible fixed assets | 22/27 | €43,148 | €15,147 | -€28,001 | -64.9% |
| Land and buildings | 22 | €4,351 | €5,164 | +€813 | +18.7% |
| Plant, machinery and equipment | 23 | €10,302 | €5,035 | -€5,268 | -51.1% |
| Furniture and vehicles | 24 | €28,494 | €4,947 | -€23,547 | -82.6% |
| Current assets | 29/58 | €41,924 | €62,438 | +€20,514 | +48.9% |
| Stocks and contracts in progress | 3 | €9,859 | €8,899 | -€959 | -9.7% |
| Stocks | 30/36 | €9,859 | €8,899 | -€959 | -9.7% |
| Amounts receivable within one year | 40/41 | €272 | - | -€272 | |
| Other amounts receivable | 41 | €272 | - | -€272 | |
| Cash at bank and in hand | 54/58 | €26,391 | €53,143 | +€26,752 | +101.4% |
| Deferred charges and accrued income | 490/1 | €5,402 | €395 | -€5,007 | -92.7% |
| Total equity and liabilities | 10/49 | €85,072 | €77,585 | -€7,487 | -8.8% |
| Equity | 10/15 | €8,145 | €24,022 | +€15,877 | +194.9% |
| Contributions | 10/11 | €1,998 | €1,998 | = | 0.0% |
| Outside capital | 11 | €1,998 | €1,998 | = | 0.0% |
| Other | 1109/19 | €1,998 | €1,998 | = | 0.0% |
| Reserves | 13 | €7,000 | €22,000 | +€15,000 | +214.3% |
| Distributable reserves | 133 | €7,000 | €22,000 | +€15,000 | +214.3% |
| Profit (loss) carried forward | 14 | -€853 | €24 | +€877 | |
| Amounts payable | 17/49 | €76,927 | €53,563 | -€23,364 | -30.4% |
| Amounts payable after more than one year | 17 | €28,013 | €10,209 | -€17,804 | -63.6% |
| Financial debts | 170/4 | €28,013 | €10,209 | -€17,804 | -63.6% |
| Amounts payable within one year | 42/48 | €48,914 | €43,354 | -€5,560 | -11.4% |
| Current portion of amounts payable after more than one year | 42 | €12,373 | €3,921 | -€8,452 | -68.3% |
| Trade debts | 44 | €3,976 | €2,954 | -€1,022 | -25.7% |
| Suppliers | 440/4 | €3,976 | €2,954 | -€1,022 | -25.7% |
| Taxes, remuneration and social security | 45 | €1,751 | €14,096 | +€12,345 | +705.1% |
| Taxes | 450/3 | €806 | €11,308 | +€10,502 | +1303.5% |
| Remuneration and social security | 454/9 | €945 | €2,788 | +€1,843 | +195.0% |
| Other amounts payable | 47/48 | €30,814 | €22,383 | -€8,431 | -27.4% |
| Remuneration, social security and pensions | 62 | €12,431 | €12,573 | +€142 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,271 | €8,005 | -€11,266 | -58.5% |
| Other operating charges | 640/8 | €2,798 | €5,274 | +€2,476 | +88.5% |
| Gross operating margin | 9900 | €39,119 | €53,201 | +€14,082 | +36.0% |
| Operating profit (loss) | 9901 | €4,618 | €27,349 | +€22,731 | +492.2% |
| Financial income | 75/76B | €15 | €4 | -€11 | -74.3% |
| Recurring financial income | 75 | €15 | €4 | -€11 | -74.3% |
| Financial charges | 65/66B | €1,308 | €2,476 | +€1,168 | +89.2% |
| Recurring financial charges | 65 | €1,308 | €2,476 | +€1,168 | +89.2% |
| Profit (loss) for the period before taxes | 9903 | €3,325 | €24,877 | +€21,552 | +648.2% |
| Income taxes | 67/77 | €408 | €9,000 | +€8,592 | +2105.2% |
| Profit (loss) for the period | 9904 | €2,917 | €15,877 | +€12,960 | +444.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,917 | €15,877 | +€12,960 | +444.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.