FABRIEKAGE: 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.
FABRIEKAGE
Largest movements
- Tangible fixed assets +€452,309
up €452,309 (+76.0%), from €594,963 to €1.0m
of which Land and buildings: +€465,377
- Cash -€219,245
down €219,245 (-94.5%), from €232,099 to €12,854
mainly Investment in fixed assets (net) (-€642,617) and Receivables within one year (-€42,987)
- Financial fixed assets +€157,199
up €157,199 (+27.1%), from €580,600 to €737,799
- Receivables within one year +€42,987
up €42,987 (+101%), from €42,502 to €85,489
of which Other amounts receivable: +€35,456
- Debts after one year +€353,256
up €353,256 (+102%), from €347,420 to €700,676
- Other debts +€61,773
up €61,773 (+25.8%), from €239,345 to €301,118
- Financial charges +€15,893
up €15,893 (+49.8%), from €31,890 to €47,784
- Depreciation +€10,850
up €10,850 (+48.7%), from €22,259 to €33,109
- Taxes -€8,735
down €8,735 (-56.4%), from €15,498 to €6,763
- Gross operating margin -€8,201
down €8,201 (-7.4%), from €110,746 to €102,545
- Other operating charges -€1,867
down €1,867 (-54.2%), from €3,447 to €1,580
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 | €1,454,765 | €1,885,941 | +€431,176 | +29.6% |
| Fixed assets | 21/28 | €1,175,563 | €1,785,071 | +€609,508 | +51.8% |
| Tangible fixed assets | 22/27 | €594,963 | €1,047,272 | +€452,309 | +76.0% |
| Land and buildings | 22 | €566,647 | €1,032,024 | +€465,377 | +82.1% |
| Plant, machinery and equipment | 23 | €1,978 | €717 | -€1,261 | -63.8% |
| Furniture and vehicles | 24 | €26,338 | €14,531 | -€11,807 | -44.8% |
| Financial fixed assets | 28 | €580,600 | €737,799 | +€157,199 | +27.1% |
| Current assets | 29/58 | €279,202 | €100,870 | -€178,332 | -63.9% |
| Amounts receivable within one year | 40/41 | €42,502 | €85,489 | +€42,987 | +101% |
| Trade receivables | 40 | €38,000 | €45,531 | +€7,531 | +19.8% |
| Other amounts receivable | 41 | €4,502 | €39,959 | +€35,456 | +787% |
| Cash at bank and in hand | 54/58 | €232,099 | €12,854 | -€219,245 | -94.5% |
| Deferred charges and accrued income | 490/1 | €4,601 | €2,527 | -€2,074 | -45.1% |
| Total equity and liabilities | 10/49 | €1,454,765 | €1,885,941 | +€431,176 | +29.6% |
| Equity | 10/15 | €805,585 | €819,673 | +€14,087 | +1.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €785,585 | €799,673 | +€14,087 | +1.8% |
| Distributable reserves | 133 | €785,585 | €799,673 | +€14,087 | +1.8% |
| Amounts payable | 17/49 | €649,180 | €1,066,268 | +€417,088 | +64.2% |
| Amounts payable after more than one year | 17 | €347,420 | €700,676 | +€353,256 | +102% |
| Financial debts | 170/4 | €347,420 | €700,676 | +€353,256 | +102% |
| Amounts payable within one year | 42/48 | €289,317 | €347,265 | +€57,949 | +20.0% |
| Current portion of amounts payable after more than one year | 42 | €27,230 | €27,356 | +€126 | +0.5% |
| Trade debts | 44 | €13,956 | €11,363 | -€2,594 | -18.6% |
| Suppliers | 440/4 | €13,956 | €11,363 | -€2,594 | -18.6% |
| Taxes, remuneration and social security | 45 | €8,785 | €7,428 | -€1,357 | -15.4% |
| Taxes | 450/3 | €8,785 | €7,428 | -€1,357 | -15.4% |
| Other amounts payable | 47/48 | €239,345 | €301,118 | +€61,773 | +25.8% |
| Accrued charges and deferred income | 492/3 | €12,444 | €18,327 | +€5,884 | +47.3% |
| Non-recurring operating income | 76A | €3,500 | €0 | -€3,500 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,259 | €33,109 | +€10,850 | +48.7% |
| Other operating charges | 640/8 | €3,447 | €1,580 | -€1,867 | -54.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €110,746 | €102,545 | -€8,201 | -7.4% |
| Operating profit (loss) | 9901 | €85,040 | €67,856 | -€17,184 | -20.2% |
| Financial income | 75/76B | €33 | €778 | +€745 | +2,252% |
| Recurring financial income | 75 | €33 | €778 | +€745 | +2,252% |
| Financial charges | 65/66B | €31,890 | €47,784 | +€15,893 | +49.8% |
| Recurring financial charges | 65 | €31,890 | €47,784 | +€15,893 | +49.8% |
| Profit (loss) for the period before taxes | 9903 | €53,183 | €20,850 | -€32,333 | -60.8% |
| Income taxes | 67/77 | €15,498 | €6,763 | -€8,735 | -56.4% |
| Profit (loss) for the period | 9904 | €37,686 | €14,087 | -€23,598 | -62.6% |
| Profit (loss) for the period to be appropriated | 9905 | €37,686 | €14,087 | -€23,598 | -62.6% |
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 15 October 2026 via checked.be.