Fabre: 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.
What changed
Fabre
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€10,324
2023 · -€2,653-€7,671
Equity
€1.8m
2023 · €1.8m-€10,324
Cash
€516
2023 · €954-€438
Balance sheet total
€1.9m
2023 · €1.9m-€47,611
Largest movements
Assets
- Receivables within one year -€45,180
no longer reported in 2024 (was €45,180)
of which Other amounts receivable: -€45,180
Equity and liabilities
- Other debts -€42,893
down €42,893 (-73.2%), from €58,610 to €15,717
- Trade debts -€34,084
down €34,084 (-97.2%), from €35,051 to €968
- Current portion of long-term debt +€33,014
up €33,014 (+221.9%), from €14,881 to €47,894
Income statement
- Gross operating margin -€4,217
down €4,217 (-7.5%), from €56,120 to €51,903
- Financial charges +€1,833
up €1,833 (+97.4%), from €1,882 to €3,715
- Other operating charges +€1,118
up €1,118 (+3.3%), from €33,606 to €34,724
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.
Result 2023
-€2,653
Gross operating margin
-€4,217
Depreciation
-€351
Other operating charges
-€1,118
Financial income
-€148
Financial charges
-€1,833
Taxes
-€4
Result 2024
-€10,324
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.
From operations
-€22,080
Investment
-€14,500
Financing
+€36,142
Cash 2023
€954
From operations (derived)
-€22,080
Net result for the year
-€10,324
Depreciation
+€23,788
Receivables after one year
-€6,950
Receivables within one year
+€45,180
Deferred charges and accrued income
-€345
Trade debts
-€34,084
Other debts
-€42,893
Accrued charges and deferred income
+€3,548
Investment (derived)
-€14,500
Investment in fixed assets (net)
-€14,500
Financing
+€36,142
Debts after one year
+€2,857
Current portion of long-term debt
+€33,014
Short-term financial debts
+€271
Cash 2024
€516
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,932,080 | €1,884,470 | -€47,611 | -2.5% |
| Fixed assets | 21/28 | €1,883,597 | €1,874,309 | -€9,288 | -0.5% |
| Tangible fixed assets | 22/27 | €130,467 | €126,179 | -€4,288 | -3.3% |
| Land and buildings | 22 | €130,467 | €126,179 | -€4,288 | -3.3% |
| Financial fixed assets | 28 | €1,753,130 | €1,748,130 | -€5,000 | -0.3% |
| Current assets | 29/58 | €48,484 | €10,161 | -€38,323 | -79.0% |
| Amounts receivable after more than one year | 29 | - | €6,950 | +€6,950 | |
| Other amounts receivable | 291 | - | €6,950 | +€6,950 | |
| Amounts receivable within one year | 40/41 | €45,180 | - | -€45,180 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €45,180 | - | -€45,180 | |
| Cash at bank and in hand | 54/58 | €954 | €516 | -€438 | -45.9% |
| Deferred charges and accrued income | 490/1 | €2,350 | €2,695 | +€345 | +14.7% |
| Total equity and liabilities | 10/49 | €1,932,080 | €1,884,470 | -€47,611 | -2.5% |
| Equity | 10/15 | €1,768,405 | €1,758,080 | -€10,324 | -0.6% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €1,661,571 | €1,661,571 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,421 | €5,421 | = | 0.0% |
| Distributable reserves | 133 | €1,650,000 | €1,650,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,333 | €35,009 | -€10,324 | -22.8% |
| Amounts payable | 17/49 | €163,676 | €126,389 | -€37,287 | -22.8% |
| Amounts payable after more than one year | 17 | €54,832 | €57,689 | +€2,857 | +5.2% |
| Financial debts | 170/4 | €54,832 | €57,689 | +€2,857 | +5.2% |
| Amounts payable within one year | 42/48 | €108,542 | €64,850 | -€43,692 | -40.3% |
| Current portion of amounts payable after more than one year | 42 | €14,881 | €47,894 | +€33,014 | +221.9% |
| Financial debts | 43 | - | €271 | +€271 | |
| Credit institutions | 430/8 | - | €271 | +€271 | |
| Trade debts | 44 | €35,051 | €968 | -€34,084 | -97.2% |
| Suppliers | 440/4 | €35,051 | €968 | -€34,084 | -97.2% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €58,610 | €15,717 | -€42,893 | -73.2% |
| Accrued charges and deferred income | 492/3 | €302 | €3,850 | +€3,548 | +1175.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,437 | €23,788 | +€351 | +1.5% |
| Other operating charges | 640/8 | €33,606 | €34,724 | +€1,118 | +3.3% |
| Gross operating margin | 9900 | €56,120 | €51,903 | -€4,217 | -7.5% |
| Operating profit (loss) | 9901 | -€924 | -€6,609 | -€5,685 | -615.4% |
| Financial income | 75/76B | €148 | - | -€148 | |
| Recurring financial income | 75 | €148 | - | -€148 | |
| Financial charges | 65/66B | €1,882 | €3,715 | +€1,833 | +97.4% |
| Recurring financial charges | 65 | €1,882 | €3,715 | +€1,833 | +97.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,657 | -€10,324 | -€7,667 | -288.5% |
| Income taxes | 67/77 | -€4 | - | +€4 | |
| Profit (loss) for the period | 9904 | -€2,653 | -€10,324 | -€7,671 | -289.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,653 | -€10,324 | -€7,671 | -289.1% |
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 29 September 2026 via checked.be.