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Fabry Projects: 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.

What changed

Fabry Projects

BE 0697.877.782
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€16,736
2023 · -€4,155-€12,581
Equity
€620,204
2023 · €636,940-€16,736
Cash
€1,182
2023 · €2,879-€1,698
Balance sheet total
€1.2m
2023 · €1.2m-€27,249

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets -€16,810

    down €16,810 (-1.9%), from €865,131 to €848,321

Equity and liabilities
  • Debts after one year -€31,313

    down €31,313 (-5.9%), from €534,140 to €502,828

  • Current portion of long-term debt +€20,800

    up €20,800 (+66.8%), from €31,139 to €51,938

  • Profit (loss) carried forward -€16,736

    down €16,736 (-95.3%), from -€17,560 to -€34,296

Income statement
  • Financial charges +€17,071

    up €17,071 (+233.0%), from €7,327 to €24,398

  • Gross operating margin +€4,881

    up €4,881 (+20.7%), from €23,614 to €28,495

  • Other operating charges +€391

    up €391 (+10.8%), from €3,632 to €4,023

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€4,155
Gross operating margin +€4,881
Other operating charges -€391
Financial charges -€17,071
Result 2024 -€16,736

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€8,815
Investment €0
Financing -€10,513
Cash 2023 €2,879
Net result for the year -€16,736
Depreciation +€16,810
Receivables after one year +€9,022
Receivables within one year -€308
Deferred charges and accrued income +€27
Debts after one year -€31,313
Current portion of long-term debt +€20,800
Cash 2024 €1,182
Every line side by side 33 lines
Line Code 2023 2024 Change %
Total assets 20/58 €1,206,419 €1,179,170 -€27,249 -2.3%
Fixed assets 21/28 €865,131 €848,321 -€16,810 -1.9%
Tangible fixed assets 22/27 €865,131 €848,321 -€16,810 -1.9%
Land and buildings 22 €865,131 €848,321 -€16,810 -1.9%
Current assets 29/58 €341,288 €330,849 -€10,439 -3.1%
Amounts receivable after more than one year 29 €333,095 €324,073 -€9,022 -2.7%
Other amounts receivable 291 €333,095 €324,073 -€9,022 -2.7%
Amounts receivable within one year 40/41 €5,285 €5,594 +€308 +5.8%
Trade receivables 40 €1,343 - -€1,343
Other amounts receivable 41 €3,943 €5,594 +€1,651 +41.9%
Cash at bank and in hand 54/58 €2,879 €1,182 -€1,698 -59.0%
Deferred charges and accrued income 490/1 €27 - -€27
Total equity and liabilities 10/49 €1,206,419 €1,179,170 -€27,249 -2.3%
Equity 10/15 €636,940 €620,204 -€16,736 -2.6%
Contributions 10/11 €654,500 €654,500 = 0.0%
Profit (loss) carried forward 14 -€17,560 -€34,296 -€16,736 -95.3%
Amounts payable 17/49 €569,479 €558,966 -€10,513 -1.8%
Amounts payable after more than one year 17 €534,140 €502,828 -€31,313 -5.9%
Financial debts 170/4 €534,140 €502,828 -€31,313 -5.9%
Amounts payable within one year 42/48 €35,339 €56,138 +€20,800 +58.9%
Current portion of amounts payable after more than one year 42 €31,139 €51,938 +€20,800 +66.8%
Trade debts 44 €0 - =
Suppliers 440/4 €0 - =
Advances received on contracts in progress 46 €4,200 €4,200 = 0.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €16,810 €16,810 = 0.0%
Other operating charges 640/8 €3,632 €4,023 +€391 +10.8%
Gross operating margin 9900 €23,614 €28,495 +€4,881 +20.7%
Operating profit (loss) 9901 €3,172 €7,661 +€4,490 +141.6%
Financial charges 65/66B €7,327 €24,398 +€17,071 +233.0%
Recurring financial charges 65 €7,327 €24,398 +€17,071 +233.0%
Profit (loss) for the period before taxes 9903 -€4,155 -€16,736 -€12,581 -302.8%
Profit (loss) for the period 9904 -€4,155 -€16,736 -€12,581 -302.8%
Profit (loss) for the period to be appropriated 9905 -€4,155 -€16,736 -€12,581 -302.8%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.