Fabry Construct: 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.
Fabry Construct
Largest movements
- Tangible fixed assets +€115,805
up €115,805 (+562.1%), from €20,601 to €136,406
of which Plant, machinery and equipment: +€117,929
- Receivables within one year +€55,584
up €55,584 (+90.0%), from €61,742 to €117,326
of which Trade receivables: +€66,834
- Cash -€9,625
down €9,625 (-27.9%), from €34,493 to €24,869
mainly Investment in fixed assets (net) (-€134,379) and Receivables within one year (-€55,584)
- Debts after one year +€98,485
up €98,485 (+1969.9%), from €4,999 to €103,484
- Trade debts +€53,409
up €53,409 (+299.2%), from €17,849 to €71,258
- Current portion of long-term debt +€17,147
up €17,147 (+318.7%), from €5,380 to €22,527
- Profit (loss) carried forward -€13,702
down €13,702 (-28.0%), from €48,994 to €35,292
- Other debts +€10,350
up €10,350 (+58.6%), from €17,650 to €28,000
- Staff costs +€15,581
up €15,581 (+11260.6%), from €138 to €15,720
- Taxes -€9,788
down €9,788 (-73.6%), from €13,308 to €3,520
- Depreciation +€7,902
up €7,902 (+74.0%), from €10,672 to €18,574
- Gross operating margin -€3,762
down €3,762 (-6.3%), from €60,151 to €56,389
- Financial charges +€1,901
up €1,901 (+159.6%), from €1,191 to €3,092
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.
Cash bridge derived
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 | €118,838 | €279,991 | +€161,153 | +135.6% |
| Fixed assets | 21/28 | €20,601 | €136,406 | +€115,805 | +562.1% |
| Tangible fixed assets | 22/27 | €20,601 | €136,406 | +€115,805 | +562.1% |
| Plant, machinery and equipment | 23 | €12,238 | €130,167 | +€117,929 | +963.6% |
| Furniture and vehicles | 24 | €8,363 | €6,239 | -€2,124 | -25.4% |
| Current assets | 29/58 | €98,237 | €143,585 | +€45,348 | +46.2% |
| Amounts receivable within one year | 40/41 | €61,742 | €117,326 | +€55,584 | +90.0% |
| Trade receivables | 40 | €10,294 | €77,128 | +€66,834 | +649.3% |
| Other amounts receivable | 41 | €51,448 | €40,198 | -€11,250 | -21.9% |
| Cash at bank and in hand | 54/58 | €34,493 | €24,869 | -€9,625 | -27.9% |
| Deferred charges and accrued income | 490/1 | €2,002 | €1,390 | -€612 | -30.6% |
| Total equity and liabilities | 10/49 | €118,838 | €279,991 | +€161,153 | +135.6% |
| Equity | 10/15 | €53,994 | €40,292 | -€13,702 | -25.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,994 | €35,292 | -€13,702 | -28.0% |
| Amounts payable | 17/49 | €64,844 | €239,699 | +€174,855 | +269.7% |
| Amounts payable after more than one year | 17 | €4,999 | €103,484 | +€98,485 | +1969.9% |
| Financial debts | 170/4 | €4,999 | €103,484 | +€98,485 | +1969.9% |
| Amounts payable within one year | 42/48 | €56,486 | €135,575 | +€79,088 | +140.0% |
| Current portion of amounts payable after more than one year | 42 | €5,380 | €22,527 | +€17,147 | +318.7% |
| Trade debts | 44 | €17,849 | €71,258 | +€53,409 | +299.2% |
| Suppliers | 440/4 | €17,849 | €71,258 | +€53,409 | +299.2% |
| Advances received on contracts in progress | 46 | - | €4,847 | +€4,847 | |
| Taxes, remuneration and social security | 45 | €15,608 | €8,943 | -€6,664 | -42.7% |
| Taxes | 450/3 | €13,908 | €3,077 | -€10,830 | -77.9% |
| Remuneration and social security | 454/9 | €1,700 | €5,866 | +€4,166 | +245.1% |
| Other amounts payable | 47/48 | €17,650 | €28,000 | +€10,350 | +58.6% |
| Accrued charges and deferred income | 492/3 | €3,358 | €640 | -€2,718 | -80.9% |
| Non-recurring operating income | 76A | €6,906 | €13,981 | +€7,075 | +102.5% |
| Remuneration, social security and pensions | 62 | €138 | €15,720 | +€15,581 | +11260.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,672 | €18,574 | +€7,902 | +74.0% |
| Other operating charges | 640/8 | €1,116 | €1,298 | +€182 | +16.3% |
| Non-recurring operating charges | 66A | €2,385 | - | -€2,385 | |
| Gross operating margin | 9900 | €60,151 | €56,389 | -€3,762 | -6.3% |
| Operating profit (loss) | 9901 | €45,840 | €20,797 | -€25,043 | -54.6% |
| Financial income | 75/76B | €42 | €113 | +€71 | +171.1% |
| Recurring financial income | 75 | €42 | €113 | +€71 | +171.1% |
| Financial charges | 65/66B | €1,191 | €3,092 | +€1,901 | +159.6% |
| Recurring financial charges | 65 | €1,191 | €3,092 | +€1,901 | +159.6% |
| Profit (loss) for the period before taxes | 9903 | €44,690 | €17,818 | -€26,872 | -60.1% |
| Income taxes | 67/77 | €13,308 | €3,520 | -€9,788 | -73.6% |
| Profit (loss) for the period | 9904 | €31,382 | €14,298 | -€17,085 | -54.4% |
| Profit (loss) for the period to be appropriated | 9905 | €31,382 | €14,298 | -€17,085 | -54.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.