FABUCO: 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.
FABUCO
Largest movements
- Receivables after one year -€145,000
down €145,000 (-100.0%), from €145,000 to €0
- Current investments -€100,000
down €100,000 (-100.0%), from €100,000 to €0
- Cash +€35,099
up €35,099 (+413.0%), from €8,498 to €43,597
mainly Receivables after one year (+€145,000) and Current investments (+€100,000)
- Tangible fixed assets +€21,218
up €21,218 (+271.8%), from €7,806 to €29,024
of which Other tangible fixed assets: +€16,431
- Deferred charges and accrued income -€3,186
down €3,186 (-51.3%), from €6,211 to €3,026
- Reserves -€223,000
down €223,000 (-92.5%), from €241,000 to €18,000
- Other debts +€45,392
up €45,392 (+2303.5%), from €1,971 to €47,363
- Tax, wage and social debts -€14,907
down €14,907 (-37.5%), from €39,723 to €24,816
- Gross operating margin -€22,201
down €22,201 (-18.1%), from €122,790 to €100,589
- Taxes -€6,752
down €6,752 (-24.9%), from €27,137 to €20,385
- Depreciation +€2,657
up €2,657 (+150.0%), from €1,771 to €4,428
- Financial income -€2,004
down €2,004 (-38.5%), from €5,200 to €3,196
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 | €287,992 | €96,424 | -€191,567 | -66.5% |
| Fixed assets | 21/28 | €7,806 | €29,024 | +€21,218 | +271.8% |
| Tangible fixed assets | 22/27 | €7,806 | €29,024 | +€21,218 | +271.8% |
| Plant, machinery and equipment | 23 | €892 | €576 | -€316 | -35.4% |
| Furniture and vehicles | 24 | €3,371 | €8,475 | +€5,104 | +151.4% |
| Other tangible fixed assets | 26 | €3,543 | €19,974 | +€16,431 | +463.8% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €280,186 | €67,400 | -€212,786 | -75.9% |
| Amounts receivable after more than one year | 29 | €145,000 | €0 | -€145,000 | -100.0% |
| Other amounts receivable | 291 | €145,000 | €0 | -€145,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €20,476 | €20,777 | +€301 | +1.5% |
| Trade receivables | 40 | €20,476 | €20,777 | +€301 | +1.5% |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €8,498 | €43,597 | +€35,099 | +413.0% |
| Deferred charges and accrued income | 490/1 | €6,211 | €3,026 | -€3,186 | -51.3% |
| Total equity and liabilities | 10/49 | €287,992 | €96,424 | -€191,567 | -66.5% |
| Equity | 10/15 | €244,361 | €21,001 | -€223,360 | -91.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €241,000 | €18,000 | -€223,000 | -92.5% |
| Distributable reserves | 133 | €241,000 | €18,000 | -€223,000 | -92.5% |
| Profit (loss) carried forward | 14 | €361 | €1 | -€360 | -99.7% |
| Amounts payable | 17/49 | €43,630 | €75,423 | +€31,793 | +72.9% |
| Amounts payable within one year | 42/48 | €43,630 | €75,423 | +€31,793 | +72.9% |
| Trade debts | 44 | €1,936 | €3,244 | +€1,308 | +67.6% |
| Suppliers | 440/4 | €1,936 | €3,244 | +€1,308 | +67.6% |
| Taxes, remuneration and social security | 45 | €39,723 | €24,816 | -€14,907 | -37.5% |
| Taxes | 450/3 | €39,723 | €24,816 | -€14,907 | -37.5% |
| Other amounts payable | 47/48 | €1,971 | €47,363 | +€45,392 | +2303.5% |
| Accrued charges and deferred income | 492/3 | €1 | €0 | -€1 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,771 | €4,428 | +€2,657 | +150.0% |
| Other operating charges | 640/8 | €719 | €955 | +€235 | +32.7% |
| Gross operating margin | 9900 | €122,790 | €100,589 | -€22,201 | -18.1% |
| Operating profit (loss) | 9901 | €120,299 | €95,206 | -€25,093 | -20.9% |
| Financial income | 75/76B | €5,200 | €3,196 | -€2,004 | -38.5% |
| Recurring financial income | 75 | €5,200 | €3,196 | -€2,004 | -38.5% |
| Financial charges | 65/66B | €597 | €378 | -€219 | -36.7% |
| Recurring financial charges | 65 | €597 | €378 | -€219 | -36.7% |
| Profit (loss) for the period before taxes | 9903 | €124,903 | €98,025 | -€26,878 | -21.5% |
| Income taxes | 67/77 | €27,137 | €20,385 | -€6,752 | -24.9% |
| Profit (loss) for the period | 9904 | €97,766 | €77,640 | -€20,126 | -20.6% |
| Profit (loss) for the period to be appropriated | 9905 | €97,766 | €77,640 | -€20,126 | -20.6% |
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 11 October 2026 via checked.be.