Fabri Expertise: 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.
Fabri Expertise
Largest movements
- Receivables within one year +€126,134
up €126,134 (+323%), from €39,071 to €165,206
of which Other amounts receivable: +€71,521
- Cash -€81,597
down €81,597 (-47.3%), from €172,353 to €90,756
mainly Receivables within one year (-€126,134) and Contributions, distributions and other (-€125,000)
- Current investments -€40,846
no longer reported in 2025 (was €40,846)
- Tangible fixed assets -€11,262
down €11,262 (-35.0%), from €32,200 to €20,939
of which Furniture and vehicles: -€10,300
- Reserves -€44,499
down €44,499 (-49.4%), from €90,069 to €45,570
of which Distributable reserves: -€44,499
- Other debts +€24,067
up €24,067 (+23.6%), from €102,175 to €126,242
- Trade debts +€11,602
up €11,602 (+86.6%), from €13,398 to €24,999
- Tax, wage and social debts +€9,620
up €9,620 (+70.4%), from €13,665 to €23,285
of which Taxes: +€9,742
- Debts after one year -€6,964
down €6,964 (-49.1%), from €14,174 to €7,210
- Depreciation +€9,677
up €9,677 (+611%), from €1,585 to €11,262
- Gross operating margin +€4,227
up €4,227 (+2.4%), from €176,022 to €180,249
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.
Derived cash bridge
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 | €285,883 | €279,007 | -€6,877 | -2.4% |
| Fixed assets | 21/28 | €32,200 | €20,939 | -€11,262 | -35.0% |
| Tangible fixed assets | 22/27 | €32,200 | €20,939 | -€11,262 | -35.0% |
| Plant, machinery and equipment | 23 | €2,340 | €1,378 | -€962 | -41.1% |
| Furniture and vehicles | 24 | €29,861 | €19,561 | -€10,300 | -34.5% |
| Current assets | 29/58 | €253,683 | €258,068 | +€4,385 | +1.7% |
| Amounts receivable within one year | 40/41 | €39,071 | €165,206 | +€126,134 | +323% |
| Trade receivables | 40 | €34,226 | €88,839 | +€54,613 | +160% |
| Other amounts receivable | 41 | €4,845 | €76,366 | +€71,521 | +1,476% |
| Current investments | 50/53 | €40,846 | - | -€40,846 | |
| Cash at bank and in hand | 54/58 | €172,353 | €90,756 | -€81,597 | -47.3% |
| Deferred charges and accrued income | 490/1 | €1,413 | €2,107 | +€694 | +49.1% |
| Total equity and liabilities | 10/49 | €285,883 | €279,007 | -€6,877 | -2.4% |
| Equity | 10/15 | €108,669 | €64,170 | -€44,499 | -40.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €90,069 | €45,570 | -€44,499 | -49.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €88,209 | €43,710 | -€44,499 | -50.4% |
| Amounts payable | 17/49 | €177,215 | €214,837 | +€37,622 | +21.2% |
| Amounts payable after more than one year | 17 | €14,174 | €7,210 | -€6,964 | -49.1% |
| Financial debts | 170/4 | €14,174 | €7,210 | -€6,964 | -49.1% |
| Amounts payable within one year | 42/48 | €161,249 | €205,835 | +€44,586 | +27.7% |
| Current portion of amounts payable after more than one year | 42 | €6,726 | €6,964 | +€238 | +3.5% |
| Trade debts | 44 | €13,398 | €24,999 | +€11,602 | +86.6% |
| Suppliers | 440/4 | €13,398 | €24,999 | +€11,602 | +86.6% |
| Advances received on contracts in progress | 46 | €25,285 | €24,346 | -€940 | -3.7% |
| Taxes, remuneration and social security | 45 | €13,665 | €23,285 | +€9,620 | +70.4% |
| Taxes | 450/3 | €6,656 | €16,398 | +€9,742 | +146% |
| Remuneration and social security | 454/9 | €7,009 | €6,887 | -€122 | -1.7% |
| Other amounts payable | 47/48 | €102,175 | €126,242 | +€24,067 | +23.6% |
| Accrued charges and deferred income | 492/3 | €1,792 | €1,792 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €57,613 | €57,358 | -€256 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,585 | €11,262 | +€9,677 | +611% |
| Other operating charges | 640/8 | €665 | €975 | +€309 | +46.5% |
| Gross operating margin | 9900 | €176,022 | €180,249 | +€4,227 | +2.4% |
| Operating profit (loss) | 9901 | €116,159 | €110,655 | -€5,503 | -4.7% |
| Financial income | 75/76B | €2,648 | €1,449 | -€1,199 | -45.3% |
| Recurring financial income | 75 | €2,648 | €586 | -€2,062 | -77.9% |
| Non-recurring financial income | 76B | - | €863 | +€863 | |
| Financial charges | 65/66B | €183 | €734 | +€551 | +302% |
| Recurring financial charges | 65 | €183 | €734 | +€551 | +302% |
| Profit (loss) for the period before taxes | 9903 | €118,624 | €111,371 | -€7,253 | -6.1% |
| Income taxes | 67/77 | €31,376 | €30,870 | -€506 | -1.6% |
| Profit (loss) for the period | 9904 | €87,248 | €80,501 | -€6,747 | -7.7% |
| Profit (loss) for the period to be appropriated | 9905 | €87,248 | €80,501 | -€6,747 | -7.7% |
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 27 October 2026 via checked.be.