FABRIC: 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.
FABRIC
Largest movements
- Cash -€156,037
down €156,037 (-69.2%), from €225,648 to €69,612
mainly Investment in fixed assets (net) (-€175,152) and Contributions, distributions and other (-€63,695)
- Financial fixed assets +€143,500
up €143,500 (+142.1%), from €101,000 to €244,500
- Receivables within one year +€34,612
up €34,612 (+28.2%), from €122,810 to €157,422
of which Other amounts receivable: +€36,792
- Tangible fixed assets -€29,433
down €29,433 (-22.8%), from €128,855 to €99,422
of which Other tangible fixed assets: -€31,306
- Intangible fixed assets +€17,377
up €17,377 (+7261.2%), from €239 to €17,616
- Reserves -€196,294
down €196,294 (-100.0%), from €196,294 to €0
- Contributions +€155,099
up €155,099 (+100.7%), from €154,000 to €309,099
- Trade debts -€53,644
down €53,644 (-34.5%), from €155,443 to €101,800
- Tax, wage and social debts +€52,091
up €52,091 (+98.4%), from €52,921 to €105,012
of which Remuneration and social security: +€53,257
- Short-term financial debts +€50,000
new in 2025: €50,000
- Staff costs +€109,016
up €109,016 (+28.2%), from €386,377 to €495,393
- Financial charges +€65,995
up €65,995 (+826.7%), from €7,983 to €73,978
- Taxes -€39,986
down €39,986 (-71.8%), from €55,703 to €15,716
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €621,107 | €647,843 | +€26,736 | +4.3% |
| Fixed assets | 21/28 | €230,094 | €361,538 | +€131,444 | +57.1% |
| Intangible fixed assets | 21 | €239 | €17,616 | +€17,377 | +7261.2% |
| Tangible fixed assets | 22/27 | €128,855 | €99,422 | -€29,433 | -22.8% |
| Land and buildings | 22 | - | €24,890 | +€24,890 | |
| Plant, machinery and equipment | 23 | €44,194 | €37,690 | -€6,505 | -14.7% |
| Furniture and vehicles | 24 | €1,976 | €3,877 | +€1,901 | +96.2% |
| Leasing and similar rights | 25 | €48,759 | €30,346 | -€18,413 | -37.8% |
| Other tangible fixed assets | 26 | €33,925 | €2,619 | -€31,306 | -92.3% |
| Financial fixed assets | 28 | €101,000 | €244,500 | +€143,500 | +142.1% |
| Current assets | 29/58 | €391,013 | €286,305 | -€104,708 | -26.8% |
| Stocks and contracts in progress | 3 | €11,264 | €25,223 | +€13,959 | +123.9% |
| Stocks | 30/36 | €11,264 | €25,223 | +€13,959 | +123.9% |
| Amounts receivable within one year | 40/41 | €122,810 | €157,422 | +€34,612 | +28.2% |
| Trade receivables | 40 | €102,972 | €100,792 | -€2,180 | -2.1% |
| Other amounts receivable | 41 | €19,838 | €56,630 | +€36,792 | +185.5% |
| Cash at bank and in hand | 54/58 | €225,648 | €69,612 | -€156,037 | -69.2% |
| Deferred charges and accrued income | 490/1 | €31,292 | €34,049 | +€2,758 | +8.8% |
| Total equity and liabilities | 10/49 | €621,107 | €647,843 | +€26,736 | +4.3% |
| Equity | 10/15 | €350,294 | €314,959 | -€35,335 | -10.1% |
| Contributions | 10/11 | €154,000 | €309,099 | +€155,099 | +100.7% |
| Reserves | 13 | €196,294 | €0 | -€196,294 | -100.0% |
| Distributable reserves | 133 | €196,294 | €0 | -€196,294 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €5,860 | +€5,860 | |
| Amounts payable | 17/49 | €270,814 | €332,884 | +€62,071 | +22.9% |
| Amounts payable after more than one year | 17 | €27,672 | €14,509 | -€13,163 | -47.6% |
| Financial debts | 170/4 | €27,672 | €14,509 | -€13,163 | -47.6% |
| Amounts payable within one year | 42/48 | €243,142 | €315,475 | +€72,334 | +29.7% |
| Current portion of amounts payable after more than one year | 42 | €31,632 | €36,163 | +€4,531 | +14.3% |
| Financial debts | 43 | - | €50,000 | +€50,000 | |
| Credit institutions | 430/8 | - | €50,000 | +€50,000 | |
| Trade debts | 44 | €155,443 | €101,800 | -€53,644 | -34.5% |
| Suppliers | 440/4 | €155,443 | €101,800 | -€53,644 | -34.5% |
| Advances received on contracts in progress | 46 | €3,145 | €0 | -€3,145 | -100.0% |
| Taxes, remuneration and social security | 45 | €52,921 | €105,012 | +€52,091 | +98.4% |
| Taxes | 450/3 | €25,657 | €24,491 | -€1,166 | -4.5% |
| Remuneration and social security | 454/9 | €27,264 | €80,521 | +€53,257 | +195.3% |
| Other amounts payable | 47/48 | €0 | €22,500 | +€22,500 | |
| Accrued charges and deferred income | 492/3 | - | €2,900 | +€2,900 | |
| Remuneration, social security and pensions | 62 | €386,377 | €495,393 | +€109,016 | +28.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,681 | €43,708 | -€1,973 | -4.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,829 | €0 | -€1,829 | -100.0% |
| Other operating charges | 640/8 | €919 | €3,290 | +€2,371 | +258.0% |
| Gross operating margin | 9900 | €657,676 | €660,178 | +€2,502 | +0.4% |
| Operating profit (loss) | 9901 | €222,870 | €117,787 | -€105,084 | -47.2% |
| Financial income | 75/76B | €440 | €267 | -€173 | -39.3% |
| Recurring financial income | 75 | €440 | €267 | -€173 | -39.3% |
| Financial charges | 65/66B | €7,983 | €73,978 | +€65,995 | +826.7% |
| Recurring financial charges | 65 | €7,983 | €73,978 | +€65,995 | +826.7% |
| Profit (loss) for the period before taxes | 9903 | €215,328 | €44,076 | -€171,252 | -79.5% |
| Income taxes | 67/77 | €55,703 | €15,716 | -€39,986 | -71.8% |
| Profit (loss) for the period | 9904 | €159,625 | €28,360 | -€131,265 | -82.2% |
| Profit (loss) for the period to be appropriated | 9905 | €159,625 | €28,360 | -€131,265 | -82.2% |
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 4 October 2026 via checked.be.