FABEVICOM: 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.
FABEVICOM
Largest movements
- Financial fixed assets +€3.9m
up €3.9m (+8.2%), from €47.7m to €51.6m
- Current investments -€1.4m
down €1.4m (-32.1%), from €4.2m to €2.9m
- Reserves +€2.5m
up €2.5m (+6.1%), from €41.0m to €43.5m
of which Distributable reserves: +€2.5m
- Financial income -€2.0m
down €2.0m (-28.6%), from €7.1m to €5.1m
of which Non-recurring financial income: -€2.7m
- Taxes +€269,562
up €269,562, from -€53,208 to €216,354
- Financial charges -€76,301
down €76,301 (-5.6%), from €1.4m to €1.3m
of which Non-recurring financial charges: -€471,764
- Other operating charges +€33,662
up €33,662 (+20.3%), from €165,935 to €199,598
- Gross operating margin -€4,884
down €4,884 (-16.4%), from -€29,801 to -€34,685
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €52,048,537 | €54,526,014 | +€2.5m | +4.8% |
| Fixed assets | 21/28 | €47,698,823 | €51,608,576 | +€3.9m | +8.2% |
| Financial fixed assets | 28 | €47,698,823 | €51,608,576 | +€3.9m | +8.2% |
| Current assets | 29/58 | €4,349,715 | €2,917,438 | -€1.4m | -32.9% |
| Current investments | 50/53 | €4,221,904 | €2,865,822 | -€1.4m | -32.1% |
| Cash at bank and in hand | 54/58 | €127,811 | €51,615 | -€76,196 | -59.6% |
| Total equity and liabilities | 10/49 | €52,048,537 | €54,526,014 | +€2.5m | +4.8% |
| Equity | 10/15 | €51,186,797 | €53,679,311 | +€2.5m | +4.9% |
| Contributions | 10/11 | €10,039,688 | €10,039,688 | = | 0.0% |
| Capital | 10 | €10,039,688 | €10,039,688 | = | 0.0% |
| Issued capital | 100 | €10,039,688 | €10,039,688 | = | 0.0% |
| Reserves | 13 | €41,049,452 | €43,541,347 | +€2.5m | +6.1% |
| Non-distributable reserves | 130/1 | €1,003,969 | €1,003,969 | = | 0.0% |
| Legal reserve | 130 | €1,003,969 | €1,003,969 | = | 0.0% |
| Distributable reserves | 133 | €40,045,483 | €42,537,378 | +€2.5m | +6.2% |
| Profit (loss) carried forward | 14 | €97,657 | €98,276 | +€619 | +0.6% |
| Amounts payable | 17/49 | €861,741 | €846,703 | -€15,038 | -1.7% |
| Amounts payable within one year | 42/48 | €861,741 | €846,703 | -€15,038 | -1.7% |
| Trade debts | 44 | €4,598 | €4,598 | = | 0.0% |
| Suppliers | 440/4 | €4,598 | €4,598 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €257,143 | €42,105 | -€215,038 | -83.6% |
| Taxes | 450/3 | €257,143 | €42,105 | -€215,038 | -83.6% |
| Other amounts payable | 47/48 | €600,000 | €800,000 | +€200,000 | +33.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €29,801 | €34,685 | +€4,884 | +16.4% |
| Other operating charges | 640/8 | €165,935 | €199,598 | +€33,662 | +20.3% |
| Gross operating margin | 9900 | -€29,801 | -€34,685 | -€4,884 | -16.4% |
| Operating profit (loss) | 9901 | -€195,736 | -€234,283 | -€38,546 | -19.7% |
| Financial income | 75/76B | €7,095,709 | €5,068,585 | -€2.0m | -28.6% |
| Recurring financial income | 75 | €2,826,720 | €3,472,497 | +€645,777 | +22.8% |
| Non-recurring financial income | 76B | €4,268,989 | €1,596,087 | -€2.7m | -62.6% |
| Financial charges | 65/66B | €1,359,630 | €1,283,329 | -€76,301 | -5.6% |
| Recurring financial charges | 65 | €546,304 | €941,766 | +€395,462 | +72.4% |
| Non-recurring financial charges | 66B | €813,326 | €341,563 | -€471,764 | -58.0% |
| Profit (loss) for the period before taxes | 9903 | €5,540,342 | €3,550,973 | -€2.0m | -35.9% |
| Income taxes | 67/77 | -€53,208 | €216,354 | +€269,562 | |
| Profit (loss) for the period | 9904 | €5,593,550 | €3,334,619 | -€2.3m | -40.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,593,550 | €3,334,619 | -€2.3m | -40.4% |
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 6 October 2026 via checked.be.