FABIVER: 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.
FABIVER
Largest movements
- Cash -€42,162
down €42,162 (-47.7%), from €88,418 to €46,256
mainly Investment in fixed assets (net) (-€40,215) and Other debts (-€23,613)
- Tangible fixed assets +€36,627
up €36,627 (+1683.0%), from €2,176 to €38,803
of which Leasing and similar rights: +€36,255
- Receivables within one year +€14,915
up €14,915 (+102.7%), from €14,519 to €29,434
of which Trade receivables: +€12,582
- Debts after one year +€28,744
new in 2025: €28,744
- Other debts -€23,613
down €23,613 (-50.1%), from €47,167 to €23,554
- Current portion of long-term debt +€7,249
new in 2025: €7,249
- Provisions -€4,346
down €4,346 (-9.5%), from €45,875 to €41,528
- Trade debts +€1,309
up €1,309 (+91.0%), from €1,439 to €2,749
- Provisions +€16,612
up €16,612 (+79.3%), from -€20,958 to -€4,346
- Gross operating margin +€6,806
up €6,806 (+13.1%), from €51,994 to €58,800
- Financial charges +€2,613
up €2,613 (+4.8%), from €54,586 to €57,199
- Depreciation +€2,562
up €2,562 (+249.6%), from €1,026 to €3,588
- Other operating charges +€1,654
up €1,654 (+367.1%), from €450 to €2,104
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 | €105,114 | €114,493 | +€9,379 | +8.9% |
| Fixed assets | 21/28 | €2,176 | €38,803 | +€36,627 | +1683.0% |
| Tangible fixed assets | 22/27 | €2,176 | €38,803 | +€36,627 | +1683.0% |
| Furniture and vehicles | 24 | €2,176 | €2,548 | +€371 | +17.1% |
| Leasing and similar rights | 25 | - | €36,255 | +€36,255 | |
| Current assets | 29/58 | €102,937 | €75,690 | -€27,248 | -26.5% |
| Amounts receivable within one year | 40/41 | €14,519 | €29,434 | +€14,915 | +102.7% |
| Trade receivables | 40 | €13,215 | €25,796 | +€12,582 | +95.2% |
| Other amounts receivable | 41 | €1,305 | €3,637 | +€2,333 | +178.8% |
| Cash at bank and in hand | 54/58 | €88,418 | €46,256 | -€42,162 | -47.7% |
| Total equity and liabilities | 10/49 | €105,114 | €114,493 | +€9,379 | +8.9% |
| Equity | 10/15 | €10,493 | €10,668 | +€175 | +1.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,493 | €5,668 | +€175 | +3.2% |
| Provisions and deferred taxes | 16 | €45,875 | €41,528 | -€4,346 | -9.5% |
| Provisions for liabilities and charges | 160/5 | €45,875 | €41,528 | -€4,346 | -9.5% |
| Other liabilities and charges | 164/5 | €45,875 | €41,528 | -€4,346 | -9.5% |
| Amounts payable | 17/49 | €48,746 | €62,296 | +€13,550 | +27.8% |
| Amounts payable after more than one year | 17 | - | €28,744 | +€28,744 | |
| Financial debts | 170/4 | - | €28,744 | +€28,744 | |
| Amounts payable within one year | 42/48 | €48,746 | €33,552 | -€15,194 | -31.2% |
| Current portion of amounts payable after more than one year | 42 | - | €7,249 | +€7,249 | |
| Trade debts | 44 | €1,439 | €2,749 | +€1,309 | +91.0% |
| Suppliers | 440/4 | €1,439 | €2,749 | +€1,309 | +91.0% |
| Taxes, remuneration and social security | 45 | €140 | - | -€140 | |
| Taxes | 450/3 | €140 | - | -€140 | |
| Other amounts payable | 47/48 | €47,167 | €23,554 | -€23,613 | -50.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,026 | €3,588 | +€2,562 | +249.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€20,958 | -€4,346 | +€16,612 | +79.3% |
| Other operating charges | 640/8 | €450 | €2,104 | +€1,654 | +367.1% |
| Gross operating margin | 9900 | €51,994 | €58,800 | +€6,806 | +13.1% |
| Operating profit (loss) | 9901 | €71,475 | €57,454 | -€14,021 | -19.6% |
| Financial charges | 65/66B | €54,586 | €57,199 | +€2,613 | +4.8% |
| Recurring financial charges | 65 | €54,586 | €57,199 | +€2,613 | +4.8% |
| Profit (loss) for the period before taxes | 9903 | €16,889 | €255 | -€16,634 | -98.5% |
| Income taxes | 67/77 | €140 | €80 | -€60 | -42.9% |
| Profit (loss) for the period | 9904 | €16,750 | €175 | -€16,574 | -99.0% |
| Profit (loss) for the period to be appropriated | 9905 | €16,750 | €175 | -€16,574 | -99.0% |
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.