FABES: 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.
FABES
Largest movements
- Receivables within one year -€24,007
down €24,007 (-31.0%), from €77,428 to €53,421
of which Other amounts receivable: -€23,650
- Cash +€13,828
up €13,828 (+36.6%), from €37,790 to €51,618
mainly Receivables within one year (+€24,007) and Other debts (+€4,729)
- Tangible fixed assets +€1,615
up €1,615 (+553.1%), from €292 to €1,907
of which Plant, machinery and equipment: +€1,814
- Stocks and contracts +€1,318
up €1,318 (+32.3%), from €4,082 to €5,400
- Trade debts -€6,814
down €6,814 (-36.6%), from €18,631 to €11,817
- Profit (loss) carried forward -€5,993
down €5,993 (-7.8%), from €77,093 to €71,100
- Other debts +€4,729
up €4,729 (+159.5%), from €2,965 to €7,694
- Tax, wage and social debts +€2,053
up €2,053 (+9.2%), from €22,240 to €24,293
of which Taxes: +€1,821
- Gross operating margin +€9,914
up €9,914 (+10.7%), from €92,680 to €102,594
- Staff costs +€5,395
up €5,395 (+5.3%), from €101,719 to €107,114
- Financial income -€3,844
down €3,844 (-50.9%), from €7,550 to €3,706
- Other operating charges -€2,413
down €2,413 (-39.4%), from €6,123 to €3,710
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 | €128,989 | €122,964 | -€6,025 | -4.7% |
| Fixed assets | 21/28 | €2,842 | €4,457 | +€1,615 | +56.8% |
| Tangible fixed assets | 22/27 | €292 | €1,907 | +€1,615 | +553.1% |
| Plant, machinery and equipment | 23 | - | €1,814 | +€1,814 | |
| Furniture and vehicles | 24 | €292 | €93 | -€199 | -68.2% |
| Financial fixed assets | 28 | €2,550 | €2,550 | = | 0.0% |
| Current assets | 29/58 | €126,147 | €118,507 | -€7,640 | -6.1% |
| Stocks and contracts in progress | 3 | €4,082 | €5,400 | +€1,318 | +32.3% |
| Stocks | 30/36 | €4,082 | €5,400 | +€1,318 | +32.3% |
| Amounts receivable within one year | 40/41 | €77,428 | €53,421 | -€24,007 | -31.0% |
| Trade receivables | 40 | €638 | €281 | -€357 | -56.0% |
| Other amounts receivable | 41 | €76,790 | €53,140 | -€23,650 | -30.8% |
| Cash at bank and in hand | 54/58 | €37,790 | €51,618 | +€13,828 | +36.6% |
| Deferred charges and accrued income | 490/1 | €6,847 | €8,068 | +€1,221 | +17.8% |
| Total equity and liabilities | 10/49 | €128,989 | €122,964 | -€6,025 | -4.7% |
| Equity | 10/15 | €85,153 | €79,160 | -€5,993 | -7.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €77,093 | €71,100 | -€5,993 | -7.8% |
| Amounts payable | 17/49 | €43,836 | €43,804 | -€32 | -0.1% |
| Amounts payable within one year | 42/48 | €43,836 | €43,804 | -€32 | -0.1% |
| Trade debts | 44 | €18,631 | €11,817 | -€6,814 | -36.6% |
| Suppliers | 440/4 | €18,631 | €11,817 | -€6,814 | -36.6% |
| Taxes, remuneration and social security | 45 | €22,240 | €24,293 | +€2,053 | +9.2% |
| Taxes | 450/3 | €8,038 | €9,859 | +€1,821 | +22.7% |
| Remuneration and social security | 454/9 | €14,202 | €14,434 | +€232 | +1.6% |
| Other amounts payable | 47/48 | €2,965 | €7,694 | +€4,729 | +159.5% |
| Remuneration, social security and pensions | 62 | €101,719 | €107,114 | +€5,395 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €294 | €575 | +€281 | +95.6% |
| Other operating charges | 640/8 | €6,123 | €3,710 | -€2,413 | -39.4% |
| Gross operating margin | 9900 | €92,680 | €102,594 | +€9,914 | +10.7% |
| Operating profit (loss) | 9901 | -€15,456 | -€8,805 | +€6,651 | +43.0% |
| Financial income | 75/76B | €7,550 | €3,706 | -€3,844 | -50.9% |
| Recurring financial income | 75 | €7,550 | €3,706 | -€3,844 | -50.9% |
| Financial charges | 65/66B | €1,283 | €744 | -€539 | -42.0% |
| Recurring financial charges | 65 | €1,283 | €744 | -€539 | -42.0% |
| Profit (loss) for the period before taxes | 9903 | -€9,189 | -€5,843 | +€3,346 | +36.4% |
| Income taxes | 67/77 | €293 | €150 | -€143 | -48.8% |
| Profit (loss) for the period | 9904 | -€9,482 | -€5,993 | +€3,489 | +36.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,482 | -€5,993 | +€3,489 | +36.8% |
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 10 October 2026 via checked.be.