FABIAN CONSTRUCT: 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.
FABIAN CONSTRUCT
Largest movements
- Tangible fixed assets -€17,087
down €17,087 (-32.8%), from €52,112 to €35,025
of which Furniture and vehicles: -€15,847
- Receivables within one year +€10,798
up €10,798 (+15.2%), from €71,163 to €81,961
of which Trade receivables: +€13,163
- Cash +€7,875
up €7,875 (+262.6%), from €2,999 to €10,874
mainly Depreciation (+€18,221) and Net result for the year (+€17,716)
- Deferred charges and accrued income +€1,989
up €1,989 (+63.7%), from €3,125 to €5,114
- Profit (loss) carried forward +€17,716
up €17,716, from -€10,815 to €6,901
- Trade debts -€14,258
down €14,258 (-88.6%), from €16,087 to €1,829
- Debts after one year +€3,000
new in 2025: €3,000
- Current portion of long-term debt -€2,509
down €2,509 (-100.0%), from €2,509 to €0
- Gross operating margin +€16,826
up €16,826 (+77.6%), from €21,679 to €38,505
- Financial income +€4,989
up €4,989 (+15317.8%), from €33 to €5,022
of which Non-recurring financial income: +€5,000
- Depreciation +€3,883
up €3,883 (+27.1%), from €14,338 to €18,221
- Financial charges +€3,555
up €3,555 (+670.7%), from €530 to €4,086
- Other operating charges -€561
down €561 (-30.1%), from €1,863 to €1,303
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 | €129,900 | €133,966 | +€4,067 | +3.1% |
| Fixed assets | 21/28 | €52,612 | €35,525 | -€17,087 | -32.5% |
| Tangible fixed assets | 22/27 | €52,112 | €35,025 | -€17,087 | -32.8% |
| Plant, machinery and equipment | 23 | €4,078 | €2,837 | -€1,241 | -30.4% |
| Furniture and vehicles | 24 | €48,034 | €32,188 | -€15,847 | -33.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €77,287 | €98,441 | +€21,154 | +27.4% |
| Amounts receivable within one year | 40/41 | €71,163 | €81,961 | +€10,798 | +15.2% |
| Trade receivables | 40 | €61,107 | €74,270 | +€13,163 | +21.5% |
| Other amounts receivable | 41 | €10,057 | €7,691 | -€2,366 | -23.5% |
| Current investments | 50/53 | - | €493 | +€493 | |
| Cash at bank and in hand | 54/58 | €2,999 | €10,874 | +€7,875 | +262.6% |
| Deferred charges and accrued income | 490/1 | €3,125 | €5,114 | +€1,989 | +63.7% |
| Total equity and liabilities | 10/49 | €129,900 | €133,966 | +€4,067 | +3.1% |
| Equity | 10/15 | €36,645 | €54,361 | +€17,716 | +48.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | - | €18,600 | +€18,600 | |
| Other | 1109/19 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €28,860 | €28,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €27,000 | €27,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,815 | €6,901 | +€17,716 | |
| Provisions and deferred taxes | 16 | €73,203 | €73,203 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €73,203 | €73,203 | = | 0.0% |
| Environmental obligations | 163 | €73,203 | €73,203 | = | 0.0% |
| Amounts payable | 17/49 | €20,052 | €6,402 | -€13,650 | -68.1% |
| Amounts payable after more than one year | 17 | - | €3,000 | +€3,000 | |
| Financial debts | 170/4 | - | €3,000 | +€3,000 | |
| Amounts payable within one year | 42/48 | €20,052 | €3,402 | -€16,650 | -83.0% |
| Current portion of amounts payable after more than one year | 42 | €2,509 | €0 | -€2,509 | -100.0% |
| Trade debts | 44 | €16,087 | €1,829 | -€14,258 | -88.6% |
| Suppliers | 440/4 | €16,087 | €1,829 | -€14,258 | -88.6% |
| Taxes, remuneration and social security | 45 | €1,455 | €1,234 | -€221 | -15.2% |
| Taxes | 450/3 | €1,455 | €1,234 | -€221 | -15.2% |
| Other amounts payable | 47/48 | - | €339 | +€339 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,338 | €18,221 | +€3,883 | +27.1% |
| Other operating charges | 640/8 | €1,863 | €1,303 | -€561 | -30.1% |
| Non-recurring operating charges | 66A | €1,079 | €234 | -€845 | -78.3% |
| Gross operating margin | 9900 | €21,679 | €38,505 | +€16,826 | +77.6% |
| Operating profit (loss) | 9901 | €4,399 | €18,747 | +€14,348 | +326.2% |
| Financial income | 75/76B | €33 | €5,022 | +€4,989 | +15317.8% |
| Recurring financial income | 75 | €33 | €22 | -€11 | -33.7% |
| Non-recurring financial income | 76B | - | €5,000 | +€5,000 | |
| Financial charges | 65/66B | €530 | €4,086 | +€3,555 | +670.7% |
| Recurring financial charges | 65 | €530 | €4,086 | +€3,555 | +670.7% |
| Profit (loss) for the period before taxes | 9903 | €3,901 | €19,683 | +€15,782 | +404.5% |
| Income taxes | 67/77 | €1,547 | €1,967 | +€420 | +27.1% |
| Profit (loss) for the period | 9904 | €2,354 | €17,716 | +€15,362 | +652.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,354 | €17,716 | +€15,362 | +652.6% |
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 7 October 2026 via checked.be.