FABMAX INVEST: what changed
FABMAX INVEST
Largest movements
- Cash -€10,350
down €10,350 (-77.4%), from €13,374 to €3,024
mainly Other debts (-€3,501) and Receivables within one year (-€3,325)
- Receivables within one year +€3,325
up €3,325 (+43.0%), from €7,734 to €11,059
- Other debts -€3,501
down €3,501 (-33.3%), from €10,501 to €7,000
- Profit (loss) carried forward -€2,953
new in 2025: -€2,953
- Tax, wage and social debts -€572
down €572 (-100%), from €572 to €0
- Gross operating margin -€6,837
down €6,837 (-100%), from €6,837 to €0
- Depreciation -€3,911
no longer reported in 2025 (was €3,911)
- Other operating charges +€2,737
up €2,737 (+2,320%), from €118 to €2,855
- Taxes -€572
down €572 (-100%), from €572 to €0
- Financial income -€234
no longer reported in 2025 (was €234)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,359 | €16,334 | -€7,025 | -30.1% |
| Formation expenses | 20 | €1,390 | €1,390 | = | 0.0% |
| Fixed assets | 21/28 | €860 | €860 | = | 0.0% |
| Financial fixed assets | 28 | €860 | €860 | = | 0.0% |
| Current assets | 29/58 | €21,108 | €14,083 | -€7,025 | -33.3% |
| Amounts receivable within one year | 40/41 | €7,734 | €11,059 | +€3,325 | +43.0% |
| Other amounts receivable | 41 | €7,734 | €11,059 | +€3,325 | +43.0% |
| Cash at bank and in hand | 54/58 | €13,374 | €3,024 | -€10,350 | -77.4% |
| Total equity and liabilities | 10/49 | €23,359 | €16,334 | -€7,025 | -30.1% |
| Equity | 10/15 | €12,286 | €9,334 | -€2,953 | -24.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Revaluation surpluses | 12 | - | €0 | = | |
| Reserves | 13 | €2,286 | €2,286 | = | 0.0% |
| Distributable reserves | 133 | €2,286 | €2,286 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€2,953 | -€2,953 | |
| Investment grants | 15 | - | €0 | = | |
| Advance to shareholders on the distribution of net assets | 19 | - | €0 | = | |
| Amounts payable | 17/49 | €11,073 | €7,000 | -€4,073 | -36.8% |
| Amounts payable within one year | 42/48 | €11,073 | €7,000 | -€4,073 | -36.8% |
| Taxes, remuneration and social security | 45 | €572 | €0 | -€572 | -100% |
| Taxes | 450/3 | €572 | €0 | -€572 | -100% |
| Other amounts payable | 47/48 | €10,501 | €7,000 | -€3,501 | -33.3% |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,911 | - | -€3,911 | |
| Other operating charges | 640/8 | €118 | €2,855 | +€2,737 | +2,320% |
| Gross operating margin | 9900 | €6,837 | €0 | -€6,837 | -100% |
| Operating profit (loss) | 9901 | €2,808 | -€2,855 | -€5,663 | |
| Financial income | 75/76B | €234 | - | -€234 | |
| Recurring financial income | 75 | €234 | - | -€234 | |
| Financial charges | 65/66B | €185 | €98 | -€88 | -47.3% |
| Recurring financial charges | 65 | €185 | €98 | -€88 | -47.3% |
| Profit (loss) for the period before taxes | 9903 | €2,858 | -€2,953 | -€5,810 | |
| Income taxes | 67/77 | €572 | €0 | -€572 | -100% |
| Profit (loss) for the period | 9904 | €2,286 | -€2,953 | -€5,239 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,286 | -€2,953 | -€5,239 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.