FABRIGOLD: 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.
FABRIGOLD
Largest movements
- Cash +€253,604
up €253,604 (+80.5%), from €314,840 to €568,444
mainly Net result for the year (+€241,399) and Stocks and contracts (+€200,314)
- Stocks and contracts -€200,314
down €200,314 (-45.4%), from €440,754 to €240,439
- Receivables within one year -€67,171
down €67,171 (-76.0%), from €88,342 to €21,171
of which Trade receivables: -€67,171
- Trade debts -€142,122
down €142,122 (-89.8%), from €158,246 to €16,124
- Reserves +€75,776
up €75,776 (+19.6%), from €387,071 to €462,846
of which Distributable reserves: +€75,776
- Tax, wage and social debts +€47,723
up €47,723 (+98.0%), from €48,687 to €96,411
of which Taxes: +€52,381
- Gross operating margin +€204,356
up €204,356 (+68.4%), from €298,923 to €503,279
- Taxes +€73,306
up €73,306 (+155%), from €47,186 to €120,492
- Staff costs -€7,045
down €7,045 (-4.8%), from €145,697 to €138,652
- Financial income +€5,239
up €5,239 (+1,114,719%), from €0 to €5,240
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €982,853 | €972,131 | -€10,722 | -1.1% |
| Fixed assets | 21/28 | €6,128 | €4,027 | -€2,102 | -34.3% |
| Tangible fixed assets | 22/27 | €5,558 | €3,457 | -€2,102 | -37.8% |
| Plant, machinery and equipment | 23 | €77 | €0 | -€77 | -100% |
| Other tangible fixed assets | 26 | €5,482 | €3,457 | -€2,025 | -36.9% |
| Financial fixed assets | 28 | €570 | €570 | = | 0.0% |
| Current assets | 29/58 | €976,724 | €968,104 | -€8,620 | -0.9% |
| Stocks and contracts in progress | 3 | €440,754 | €240,439 | -€200,314 | -45.4% |
| Stocks | 30/36 | €440,754 | €240,439 | -€200,314 | -45.4% |
| Amounts receivable within one year | 40/41 | €88,342 | €21,171 | -€67,171 | -76.0% |
| Trade receivables | 40 | €88,342 | €21,171 | -€67,171 | -76.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €125,000 | €125,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €314,840 | €568,444 | +€253,604 | +80.5% |
| Deferred charges and accrued income | 490/1 | €7,788 | €13,050 | +€5,262 | +67.6% |
| Total equity and liabilities | 10/49 | €982,853 | €972,131 | -€10,722 | -1.1% |
| Equity | 10/15 | €765,663 | €841,438 | +€75,776 | +9.9% |
| Contributions | 10/11 | €378,592 | €378,592 | = | 0.0% |
| Reserves | 13 | €387,071 | €462,846 | +€75,776 | +19.6% |
| Tax-exempt reserves | 132 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €377,071 | €452,846 | +€75,776 | +20.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €217,190 | €130,692 | -€86,497 | -39.8% |
| Amounts payable within one year | 42/48 | €214,190 | €126,905 | -€87,285 | -40.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €158,246 | €16,124 | -€142,122 | -89.8% |
| Suppliers | 440/4 | €158,246 | €16,124 | -€142,122 | -89.8% |
| Taxes, remuneration and social security | 45 | €48,687 | €96,411 | +€47,723 | +98.0% |
| Taxes | 450/3 | €34,542 | €86,923 | +€52,381 | +152% |
| Remuneration and social security | 454/9 | €14,146 | €9,488 | -€4,658 | -32.9% |
| Other amounts payable | 47/48 | €7,257 | €14,371 | +€7,114 | +98.0% |
| Accrued charges and deferred income | 492/3 | €3,000 | €3,788 | +€788 | +26.3% |
| Remuneration, social security and pensions | 62 | €145,697 | €138,652 | -€7,045 | -4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,562 | €2,102 | -€461 | -18.0% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | €298,923 | €503,279 | +€204,356 | +68.4% |
| Operating profit (loss) | 9901 | €150,150 | €361,998 | +€211,847 | +141% |
| Financial income | 75/76B | €0 | €5,240 | +€5,239 | +1,114,719% |
| Recurring financial income | 75 | €0 | €5,240 | +€5,239 | +1,114,719% |
| Financial charges | 65/66B | €9,768 | €5,347 | -€4,421 | -45.3% |
| Recurring financial charges | 65 | €9,768 | €5,347 | -€4,421 | -45.3% |
| Profit (loss) for the period before taxes | 9903 | €140,383 | €361,891 | +€221,508 | +158% |
| Income taxes | 67/77 | €47,186 | €120,492 | +€73,306 | +155% |
| Profit (loss) for the period | 9904 | €93,197 | €241,399 | +€148,202 | +159% |
| Profit (loss) for the period to be appropriated | 9905 | €93,197 | €241,399 | +€148,202 | +159% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.