FABOKIN: 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.
FABOKIN
Largest movements
- Cash +€199,252
up €199,252 (+592.9%), from €33,607 to €232,858
mainly Investment in fixed assets (net) (+€99,983) and Receivables within one year (+€77,821)
- Tangible fixed assets -€175,233
down €175,233 (-12.3%), from €1.4m to €1.3m
- Receivables within one year -€77,821
down €77,821 (-11.2%), from €695,075 to €617,255
of which Other amounts receivable: -€63,902
- Debts after one year -€64,595
down €64,595 (-6.3%), from €1.0m to €958,063
- Trade debts +€59,043
up €59,043 (+1508.9%), from €3,913 to €62,956
- Reserves -€35,512
down €35,512 (-7.1%), from €501,828 to €466,316
- Gross operating margin -€45,717
down €45,717 (-39.5%), from €115,607 to €69,890
- Taxes -€13,619
down €13,619 (-100.0%), from €13,619 to €0
- Other operating charges +€3,664
up €3,664 (+23.0%), from €15,952 to €19,616
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 | €2,156,853 | €2,104,653 | -€52,200 | -2.4% |
| Fixed assets | 21/28 | €1,428,171 | €1,252,939 | -€175,233 | -12.3% |
| Tangible fixed assets | 22/27 | €1,427,799 | €1,252,567 | -€175,233 | -12.3% |
| Land and buildings | 22 | €1,427,799 | €1,252,567 | -€175,233 | -12.3% |
| Financial fixed assets | 28 | €372 | €372 | = | 0.0% |
| Current assets | 29/58 | €728,682 | €851,714 | +€123,033 | +16.9% |
| Amounts receivable within one year | 40/41 | €695,075 | €617,255 | -€77,821 | -11.2% |
| Trade receivables | 40 | €17,470 | €3,551 | -€13,919 | -79.7% |
| Other amounts receivable | 41 | €677,606 | €613,704 | -€63,902 | -9.4% |
| Cash at bank and in hand | 54/58 | €33,607 | €232,858 | +€199,252 | +592.9% |
| Deferred charges and accrued income | 490/1 | €0 | €1,601 | +€1,601 | |
| Total equity and liabilities | 10/49 | €2,156,853 | €2,104,653 | -€52,200 | -2.4% |
| Equity | 10/15 | €832,197 | €782,835 | -€49,362 | -5.9% |
| Contributions | 10/11 | €305,000 | €305,000 | = | 0.0% |
| Reserves | 13 | €501,828 | €466,316 | -€35,512 | -7.1% |
| Tax-exempt reserves | 132 | €501,828 | €466,316 | -€35,512 | -7.1% |
| Profit (loss) carried forward | 14 | €25,369 | €11,519 | -€13,850 | -54.6% |
| Provisions and deferred taxes | 16 | €167,276 | €155,439 | -€11,837 | -7.1% |
| Deferred taxes | 168 | €167,276 | €155,439 | -€11,837 | -7.1% |
| Amounts payable | 17/49 | €1,157,381 | €1,166,380 | +€8,999 | +0.8% |
| Amounts payable after more than one year | 17 | €1,022,658 | €958,063 | -€64,595 | -6.3% |
| Financial debts | 170/4 | €1,022,658 | €958,063 | -€64,595 | -6.3% |
| Amounts payable within one year | 42/48 | €133,037 | €200,644 | +€67,607 | +50.8% |
| Current portion of amounts payable after more than one year | 42 | €68,705 | €69,927 | +€1,222 | +1.8% |
| Trade debts | 44 | €3,913 | €62,956 | +€59,043 | +1508.9% |
| Suppliers | 440/4 | €3,913 | €62,956 | +€59,043 | +1508.9% |
| Taxes, remuneration and social security | 45 | €13,625 | €0 | -€13,625 | -100.0% |
| Taxes | 450/3 | €13,625 | €0 | -€13,625 | -100.0% |
| Other amounts payable | 47/48 | €46,793 | €67,761 | +€20,968 | +44.8% |
| Accrued charges and deferred income | 492/3 | €1,686 | €7,673 | +€5,987 | +355.2% |
| Non-recurring operating income | 76A | €0 | €41,500 | +€41,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,766 | €75,250 | +€485 | +0.6% |
| Other operating charges | 640/8 | €15,952 | €19,616 | +€3,664 | +23.0% |
| Non-recurring operating charges | 66A | €0 | €13,354 | +€13,354 | |
| Gross operating margin | 9900 | €115,607 | €69,890 | -€45,717 | -39.5% |
| Operating profit (loss) | 9901 | €24,890 | -€38,330 | -€63,220 | |
| Financial charges | 65/66B | €22,341 | €22,870 | +€529 | +2.4% |
| Recurring financial charges | 65 | €22,341 | €22,870 | +€529 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | €2,549 | -€61,200 | -€63,749 | |
| Transfer from deferred taxes | 780 | €11,837 | €11,837 | -€0 | 0.0% |
| Income taxes | 67/77 | €13,619 | €0 | -€13,619 | -100.0% |
| Profit (loss) for the period | 9904 | €767 | -€49,362 | -€50,129 | |
| Transfer from tax-exempt reserves | 789 | €35,512 | €35,512 | -€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €36,280 | -€13,850 | -€50,130 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.