FABNET: 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.
FABNET
Largest movements
- Receivables within one year -€21,496
down €21,496 (-86.5%), from €24,837 to €3,342
of which Other amounts receivable: -€14,976
- Cash -€4,862
down €4,862 (-77.6%), from €6,264 to €1,402
mainly Net result for the year (-€18,123) and Debts after one year (-€10,650)
- Profit (loss) carried forward -€18,123
down €18,123 (-84.6%), from €21,417 to €3,294
- Debts after one year -€10,650
down €10,650 (-18.2%), from €58,649 to €47,999
- Current portion of long-term debt +€5,541
new in 2024: €5,541
- Trade debts -€4,701
down €4,701 (-86.0%), from €5,469 to €768
- Gross operating margin -€16,137
down €16,137, from €1,698 to -€14,439
- Financial charges +€382
up €382 (+30.7%), from €1,245 to €1,627
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 | €101,870 | €74,588 | -€27,282 | -26.8% |
| Fixed assets | 21/28 | €69,893 | €68,947 | -€946 | -1.4% |
| Tangible fixed assets | 22/27 | €69,893 | €68,947 | -€946 | -1.4% |
| Land and buildings | 22 | €11,574 | €10,931 | -€643 | -5.6% |
| Furniture and vehicles | 24 | €454 | €151 | -€303 | -66.7% |
| Assets under construction and advance payments | 27 | €57,865 | €57,865 | = | 0.0% |
| Current assets | 29/58 | €31,977 | €5,641 | -€26,336 | -82.4% |
| Amounts receivable within one year | 40/41 | €24,837 | €3,342 | -€21,496 | -86.5% |
| Trade receivables | 40 | €6,520 | - | -€6,520 | |
| Other amounts receivable | 41 | €18,318 | €3,342 | -€14,976 | -81.8% |
| Cash at bank and in hand | 54/58 | €6,264 | €1,402 | -€4,862 | -77.6% |
| Deferred charges and accrued income | 490/1 | €876 | €898 | +€22 | +2.5% |
| Total equity and liabilities | 10/49 | €101,870 | €74,588 | -€27,282 | -26.8% |
| Equity | 10/15 | €35,677 | €17,554 | -€18,123 | -50.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,417 | €3,294 | -€18,123 | -84.6% |
| Amounts payable | 17/49 | €66,193 | €57,033 | -€9,159 | -13.8% |
| Amounts payable after more than one year | 17 | €58,649 | €47,999 | -€10,650 | -18.2% |
| Financial debts | 170/4 | €58,649 | €47,999 | -€10,650 | -18.2% |
| Amounts payable within one year | 42/48 | €7,543 | €9,034 | +€1,491 | +19.8% |
| Current portion of amounts payable after more than one year | 42 | - | €5,541 | +€5,541 | |
| Trade debts | 44 | €5,469 | €768 | -€4,701 | -86.0% |
| Suppliers | 440/4 | €5,469 | €768 | -€4,701 | -86.0% |
| Taxes, remuneration and social security | 45 | €2,074 | €1,937 | -€137 | -6.6% |
| Taxes | 450/3 | €2,074 | €1,937 | -€137 | -6.6% |
| Other amounts payable | 47/48 | - | €788 | +€788 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €946 | €946 | = | 0.0% |
| Other operating charges | 640/8 | €854 | €888 | +€34 | +4.0% |
| Gross operating margin | 9900 | €1,698 | -€14,439 | -€16,137 | |
| Operating profit (loss) | 9901 | -€102 | -€16,273 | -€16,171 | -15932.4% |
| Financial income | 75/76B | €0 | €1 | +€1 | +127.1% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +127.1% |
| Financial charges | 65/66B | €1,245 | €1,627 | +€382 | +30.7% |
| Recurring financial charges | 65 | €1,245 | €1,627 | +€382 | +30.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,346 | -€17,898 | -€16,552 | -1229.9% |
| Income taxes | 67/77 | €216 | €225 | +€8 | +3.9% |
| Profit (loss) for the period | 9904 | -€1,562 | -€18,123 | -€16,561 | -1060.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,562 | -€18,123 | -€16,561 | -1060.1% |
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.