FABIGAN: 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.
FABIGAN
Largest movements
- Receivables within one year +€8,735
up €8,735 (+168%), from €5,185 to €13,920
of which Trade receivables: +€8,635
- Tangible fixed assets -€4,697
down €4,697 (-23.9%), from €19,687 to €14,991
of which Furniture and vehicles: -€4,773
- Cash +€2,193
up €2,193 (+113%), from €1,947 to €4,139
mainly Tax, wage and social debts (+€8,586) and Depreciation (+€5,392)
- Deferred charges and accrued income -€744
down €744 (-94.8%), from €784 to €41
- Tax, wage and social debts +€8,586
up €8,586 (+245%), from €3,511 to €12,097
of which Taxes: +€6,270
- Debts after one year -€5,690
down €5,690 (-32.7%), from €17,389 to €11,699
- Profit (loss) carried forward +€2,741
up €2,741 (+77.3%), from €3,544 to €6,285
- Depreciation +€4,702
up €4,702 (+681%), from €690 to €5,392
- Gross operating margin +€4,409
up €4,409 (+66.5%), from €6,630 to €11,039
- Financial charges +€844
up €844 (+725%), from €116 to €960
- Staff costs -€222
no longer reported in 2025 (was €222)
- Taxes -€150
down €150 (-14.8%), from €1,011 to €861
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 | €27,603 | €33,090 | +€5,487 | +19.9% |
| Fixed assets | 21/28 | €19,687 | €14,991 | -€4,697 | -23.9% |
| Tangible fixed assets | 22/27 | €19,687 | €14,991 | -€4,697 | -23.9% |
| Plant, machinery and equipment | 23 | €1,285 | €1,361 | +€76 | +5.9% |
| Furniture and vehicles | 24 | €18,403 | €13,630 | -€4,773 | -25.9% |
| Current assets | 29/58 | €7,916 | €18,099 | +€10,184 | +129% |
| Amounts receivable within one year | 40/41 | €5,185 | €13,920 | +€8,735 | +168% |
| Trade receivables | 40 | - | €8,635 | +€8,635 | |
| Other amounts receivable | 41 | €5,185 | €5,285 | +€100 | +1.9% |
| Cash at bank and in hand | 54/58 | €1,947 | €4,139 | +€2,193 | +113% |
| Deferred charges and accrued income | 490/1 | €784 | €41 | -€744 | -94.8% |
| Total equity and liabilities | 10/49 | €27,603 | €33,090 | +€5,487 | +19.9% |
| Equity | 10/15 | €6,544 | €9,285 | +€2,741 | +41.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Contributions outside capital | 11 | €3,000 | €3,000 | = | 0.0% |
| Share premium | 1100/10 | €3,000 | - | -€3,000 | |
| Other | 1109/19 | €0 | €3,000 | +€3,000 | |
| Profit (loss) carried forward | 14 | €3,544 | €6,285 | +€2,741 | +77.3% |
| Amounts payable | 17/49 | €21,059 | €23,805 | +€2,746 | +13.0% |
| Amounts payable after more than one year | 17 | €17,389 | €11,699 | -€5,690 | -32.7% |
| Financial debts | 170/4 | €17,389 | €11,699 | -€5,690 | -32.7% |
| Amounts payable within one year | 42/48 | €3,670 | €12,106 | +€8,436 | +230% |
| Trade debts | 44 | €159 | - | -€159 | |
| Suppliers | 440/4 | €159 | - | -€159 | |
| Taxes, remuneration and social security | 45 | €3,511 | €12,097 | +€8,586 | +245% |
| Taxes | 450/3 | €1,011 | €7,281 | +€6,270 | +620% |
| Remuneration and social security | 454/9 | €2,500 | €4,816 | +€2,316 | +92.6% |
| Other amounts payable | 47/48 | - | €9 | +€9 | |
| Remuneration, social security and pensions | 62 | €222 | - | -€222 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €690 | €5,392 | +€4,702 | +681% |
| Other operating charges | 640/8 | €1,047 | €1,085 | +€38 | +3.6% |
| Gross operating margin | 9900 | €6,630 | €11,039 | +€4,409 | +66.5% |
| Operating profit (loss) | 9901 | €4,671 | €4,562 | -€109 | -2.3% |
| Financial charges | 65/66B | €116 | €960 | +€844 | +725% |
| Recurring financial charges | 65 | €116 | €960 | +€844 | +725% |
| Profit (loss) for the period before taxes | 9903 | €4,555 | €3,602 | -€953 | -20.9% |
| Income taxes | 67/77 | €1,011 | €861 | -€150 | -14.8% |
| Profit (loss) for the period | 9904 | €3,544 | €2,741 | -€803 | -22.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,544 | €2,741 | -€803 | -22.7% |
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 25 October 2026 via checked.be.