Fabima: 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.
Fabima
Largest movements
- Cash -€147,792
down €147,792 (-69.5%), from €212,649 to €64,857
mainly Net result for the year (-€150,006) and Trade debts (-€38,590)
- Receivables within one year -€52,501
down €52,501 (-78.2%), from €67,119 to €14,618
of which Trade receivables: -€50,846
- Current investments -€14,493
down €14,493 (-3.2%), from €457,880 to €443,387
- Profit (loss) carried forward -€150,006
down €150,006 (-40.0%), from €374,942 to €224,935
- Trade debts -€38,590
down €38,590 (-18.4%), from €209,755 to €171,164
- Tax, wage and social debts -€18,727
down €18,727 (-40.4%), from €46,411 to €27,684
of which Taxes: -€18,331
- Advances received -€14,350
no longer reported in 2025 (was €14,350)
- Gross operating margin -€166,207
down €166,207 (-96.9%), from €171,496 to €5,289
- Financial charges +€47,504
up €47,504, from -€18,397 to €29,108
- Financial income -€18,113
down €18,113 (-91.7%), from €19,747 to €1,635
- Taxes -€17,959
down €17,959 (-97.0%), from €18,520 to €561
- Staff costs +€4,592
up €4,592 (+4.6%), from €98,985 to €103,576
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 | €839,385 | €611,246 | -€228,139 | -27.2% |
| Fixed assets | 21/28 | €93,755 | €85,060 | -€8,695 | -9.3% |
| Tangible fixed assets | 22/27 | €48,763 | €47,032 | -€1,731 | -3.6% |
| Land and buildings | 22 | €35,945 | €35,945 | = | 0.0% |
| Plant, machinery and equipment | 23 | €11,108 | €9,377 | -€1,731 | -15.6% |
| Furniture and vehicles | 24 | €1,710 | €1,710 | = | 0.0% |
| Financial fixed assets | 28 | €44,991 | €38,027 | -€6,964 | -15.5% |
| Current assets | 29/58 | €745,631 | €526,187 | -€219,444 | -29.4% |
| Stocks and contracts in progress | 3 | €6,248 | €3,325 | -€2,923 | -46.8% |
| Stocks | 30/36 | €6,248 | €3,325 | -€2,923 | -46.8% |
| Amounts receivable within one year | 40/41 | €67,119 | €14,618 | -€52,501 | -78.2% |
| Trade receivables | 40 | €64,934 | €14,088 | -€50,846 | -78.3% |
| Other amounts receivable | 41 | €2,185 | €530 | -€1,655 | -75.7% |
| Current investments | 50/53 | €457,880 | €443,387 | -€14,493 | -3.2% |
| Cash at bank and in hand | 54/58 | €212,649 | €64,857 | -€147,792 | -69.5% |
| Deferred charges and accrued income | 490/1 | €1,734 | - | -€1,734 | |
| Total equity and liabilities | 10/49 | €839,385 | €611,246 | -€228,139 | -27.2% |
| Equity | 10/15 | €509,511 | €359,504 | -€150,006 | -29.4% |
| Contributions | 10/11 | €122,335 | €122,335 | = | 0.0% |
| Capital | 10 | €122,335 | €122,335 | = | 0.0% |
| Issued capital | 100 | €122,335 | €122,335 | = | 0.0% |
| Reserves | 13 | €12,234 | €12,234 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,234 | €12,234 | = | 0.0% |
| Legal reserve | 130 | €12,234 | €12,234 | = | 0.0% |
| Profit (loss) carried forward | 14 | €374,942 | €224,935 | -€150,006 | -40.0% |
| Amounts payable | 17/49 | €329,875 | €251,742 | -€78,133 | -23.7% |
| Amounts payable within one year | 42/48 | €325,516 | €251,742 | -€73,774 | -22.7% |
| Trade debts | 44 | €209,755 | €171,164 | -€38,590 | -18.4% |
| Suppliers | 440/4 | €209,755 | €171,164 | -€38,590 | -18.4% |
| Advances received on contracts in progress | 46 | €14,350 | - | -€14,350 | |
| Taxes, remuneration and social security | 45 | €46,411 | €27,684 | -€18,727 | -40.4% |
| Taxes | 450/3 | €31,672 | €13,341 | -€18,331 | -57.9% |
| Remuneration and social security | 454/9 | €14,740 | €14,343 | -€396 | -2.7% |
| Other amounts payable | 47/48 | €55,000 | €52,894 | -€2,106 | -3.8% |
| Accrued charges and deferred income | 492/3 | €4,359 | - | -€4,359 | |
| Remuneration, social security and pensions | 62 | €98,985 | €103,576 | +€4,592 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,731 | €1,731 | = | 0.0% |
| Other operating charges | 640/8 | €18,166 | €21,954 | +€3,788 | +20.9% |
| Gross operating margin | 9900 | €171,496 | €5,289 | -€166,207 | -96.9% |
| Operating profit (loss) | 9901 | €52,614 | -€121,973 | -€174,587 | |
| Financial income | 75/76B | €19,747 | €1,635 | -€18,113 | -91.7% |
| Recurring financial income | 75 | €19,747 | €1,635 | -€18,113 | -91.7% |
| Financial charges | 65/66B | -€18,397 | €29,108 | +€47,504 | |
| Recurring financial charges | 65 | -€18,397 | €29,108 | +€47,504 | |
| Profit (loss) for the period before taxes | 9903 | €90,758 | -€149,446 | -€240,203 | |
| Income taxes | 67/77 | €18,520 | €561 | -€17,959 | -97.0% |
| Profit (loss) for the period | 9904 | €72,238 | -€150,006 | -€222,244 | |
| Profit (loss) for the period to be appropriated | 9905 | €72,238 | -€150,006 | -€222,244 |
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.