FABIMO: 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.
FABIMO
Largest movements
- Receivables within one year +€31,348
up €31,348 (+33.5%), from €93,558 to €124,905
of which Other amounts receivable: +€41,302
- Tangible fixed assets +€7,527
up €7,527 (+2.0%), from €369,915 to €377,442
of which Furniture and vehicles: +€12,039
- Cash -€6,828
down €6,828 (-77.2%), from €8,850 to €2,022
mainly Investment in fixed assets (net) (-€35,043) and Receivables within one year (-€31,348)
- Profit (loss) carried forward +€55,344
up €55,344 (+16.1%), from -€343,092 to -€287,748
- Provisions -€13,622
down €13,622 (-6.8%), from €200,621 to €186,999
of which Provisions for liabilities and charges: -€11,734
- Reserves -€5,664
down €5,664 (-1.3%), from €447,915 to €442,252
of which Tax-exempt reserves: -€5,664
- Gross operating margin +€86,996
up €86,996, from -€2,242 to €84,754
- Write-downs +€10,257
new in 2024: €10,257
- Depreciation +€5,736
up €5,736 (+25.3%), from €22,655 to €28,390
- Other operating charges +€1,734
up €1,734 (+457.2%), from €379 to €2,113
- Financial income +€1,335
up €1,335 (+32.4%), from €4,122 to €5,457
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €498,790 | €529,962 | +€31,172 | +6.2% |
| Fixed assets | 21/28 | €385,160 | €391,812 | +€6,652 | +1.7% |
| Intangible fixed assets | 21 | €2,625 | €1,750 | -€875 | -33.3% |
| Tangible fixed assets | 22/27 | €369,915 | €377,442 | +€7,527 | +2.0% |
| Land and buildings | 22 | €366,233 | €361,722 | -€4,512 | -1.2% |
| Furniture and vehicles | 24 | €3,682 | €15,720 | +€12,039 | +327.0% |
| Financial fixed assets | 28 | €12,620 | €12,620 | = | 0.0% |
| Current assets | 29/58 | €113,630 | €138,150 | +€24,520 | +21.6% |
| Amounts receivable within one year | 40/41 | €93,558 | €124,905 | +€31,348 | +33.5% |
| Trade receivables | 40 | €20,446 | €10,492 | -€9,954 | -48.7% |
| Other amounts receivable | 41 | €73,112 | €114,414 | +€41,302 | +56.5% |
| Cash at bank and in hand | 54/58 | €8,850 | €2,022 | -€6,828 | -77.2% |
| Deferred charges and accrued income | 490/1 | €11,222 | €11,222 | = | 0.0% |
| Total equity and liabilities | 10/49 | €498,790 | €529,962 | +€31,172 | +6.2% |
| Equity | 10/15 | €254,823 | €304,504 | +€49,681 | +19.5% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €447,915 | €442,252 | -€5,664 | -1.3% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Legal reserve | 130 | €15,000 | €15,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €376,189 | €370,525 | -€5,664 | -1.5% |
| Distributable reserves | 133 | €56,727 | €56,727 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€343,092 | -€287,748 | +€55,344 | +16.1% |
| Provisions and deferred taxes | 16 | €200,621 | €186,999 | -€13,622 | -6.8% |
| Provisions for liabilities and charges | 160/5 | €57,271 | €45,537 | -€11,734 | -20.5% |
| Environmental obligations | 163 | €57,271 | €45,537 | -€11,734 | -20.5% |
| Deferred taxes | 168 | €143,350 | €141,462 | -€1,888 | -1.3% |
| Amounts payable | 17/49 | €43,346 | €38,459 | -€4,887 | -11.3% |
| Amounts payable after more than one year | 17 | €17,577 | €14,757 | -€2,820 | -16.0% |
| Financial debts | 170/4 | €15,987 | €13,167 | -€2,820 | -17.6% |
| Other amounts payable | 178/9 | €1,590 | €1,590 | = | 0.0% |
| Amounts payable within one year | 42/48 | €25,769 | €23,702 | -€2,066 | -8.0% |
| Current portion of amounts payable after more than one year | 42 | €5,412 | €5,538 | +€126 | +2.3% |
| Trade debts | 44 | €6,135 | €6,062 | -€73 | -1.2% |
| Suppliers | 440/4 | €6,135 | €6,062 | -€73 | -1.2% |
| Other amounts payable | 47/48 | €14,222 | €12,102 | -€2,120 | -14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,655 | €28,390 | +€5,736 | +25.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €10,257 | +€10,257 | |
| Other operating charges | 640/8 | €379 | €2,113 | +€1,734 | +457.2% |
| Gross operating margin | 9900 | -€2,242 | €84,754 | +€86,996 | |
| Operating profit (loss) | 9901 | -€25,276 | €43,994 | +€69,270 | |
| Financial income | 75/76B | €4,122 | €5,457 | +€1,335 | +32.4% |
| Recurring financial income | 75 | €4,122 | €5,457 | +€1,335 | +32.4% |
| Financial charges | 65/66B | €1,585 | €1,659 | +€73 | +4.6% |
| Recurring financial charges | 65 | €1,585 | €1,659 | +€73 | +4.6% |
| Profit (loss) for the period before taxes | 9903 | -€22,739 | €47,793 | +€70,532 | |
| Transfer from deferred taxes | 780 | €1,888 | €1,888 | = | 0.0% |
| Income taxes | 67/77 | €14 | - | -€14 | |
| Profit (loss) for the period | 9904 | -€20,866 | €49,681 | +€70,546 | |
| Transfer from tax-exempt reserves | 789 | €5,664 | €5,664 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,202 | €55,344 | +€70,546 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.