FABULOUS: 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.
FABULOUS
Largest movements
- Current investments +€39,213
up €39,213 (+677%), from €5,789 to €45,002
- Cash -€30,849
down €30,849 (-83.6%), from €36,889 to €6,040
mainly Current investments (-€39,213) and Net result for the year (-€20,986)
- Tangible fixed assets -€12,953
down €12,953 (-42.5%), from €30,473 to €17,520
of which Plant, machinery and equipment: -€9,292
- Intangible fixed assets -€3,564
down €3,564 (-31.2%), from €11,439 to €7,875
- Other debts +€22,231
up €22,231 (+11.6%), from €191,848 to €214,079
- Profit (loss) carried forward -€20,986
down €20,986 (-28.5%), from -€73,656 to -€94,642
- Debts after one year -€4,933
down €4,933 (-100%), from €4,933 to €0
- Current portion of long-term debt -€4,372
down €4,372 (-100%), from €4,372 to €0
- Gross operating margin +€18,259
up €18,259 (+85.9%), from -€21,263 to -€3,004
- Depreciation -€3,585
down €3,585 (-17.8%), from €20,102 to €16,517
- Other operating charges +€321
up €321 (+36.9%), from €871 to €1,192
- Financial charges -€270
down €270 (-43.1%), from €625 to €355
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 | €163,664 | €155,838 | -€7,827 | -4.8% |
| Fixed assets | 21/28 | €42,911 | €26,395 | -€16,517 | -38.5% |
| Intangible fixed assets | 21 | €11,439 | €7,875 | -€3,564 | -31.2% |
| Tangible fixed assets | 22/27 | €30,473 | €17,520 | -€12,953 | -42.5% |
| Plant, machinery and equipment | 23 | €25,974 | €16,682 | -€9,292 | -35.8% |
| Furniture and vehicles | 24 | €4,499 | €837 | -€3,661 | -81.4% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €120,753 | €129,443 | +€8,690 | +7.2% |
| Stocks and contracts in progress | 3 | €46,927 | €46,927 | = | 0.0% |
| Stocks | 30/36 | €46,927 | €46,927 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €31,036 | €30,777 | -€259 | -0.8% |
| Trade receivables | 40 | €26,676 | €28,099 | +€1,423 | +5.3% |
| Other amounts receivable | 41 | €4,360 | €2,678 | -€1,682 | -38.6% |
| Current investments | 50/53 | €5,789 | €45,002 | +€39,213 | +677% |
| Cash at bank and in hand | 54/58 | €36,889 | €6,040 | -€30,849 | -83.6% |
| Deferred charges and accrued income | 490/1 | €112 | €698 | +€586 | +522% |
| Total equity and liabilities | 10/49 | €163,664 | €155,838 | -€7,827 | -4.8% |
| Equity | 10/15 | -€47,710 | -€68,695 | -€20,986 | -44.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,347 | €7,347 | = | 0.0% |
| Distributable reserves | 133 | €7,347 | €7,347 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€73,656 | -€94,642 | -€20,986 | -28.5% |
| Amounts payable | 17/49 | €211,374 | €224,533 | +€13,159 | +6.2% |
| Amounts payable after more than one year | 17 | €4,933 | €0 | -€4,933 | -100% |
| Financial debts | 170/4 | €4,933 | €0 | -€4,933 | -100% |
| Amounts payable within one year | 42/48 | €206,441 | €224,533 | +€18,092 | +8.8% |
| Current portion of amounts payable after more than one year | 42 | €4,372 | €0 | -€4,372 | -100% |
| Financial debts | 43 | €419 | €366 | -€53 | -12.6% |
| Credit institutions | 430/8 | €419 | €366 | -€53 | -12.6% |
| Trade debts | 44 | €6,588 | €7,916 | +€1,328 | +20.2% |
| Suppliers | 440/4 | €6,588 | €7,916 | +€1,328 | +20.2% |
| Taxes, remuneration and social security | 45 | €3,214 | €2,171 | -€1,042 | -32.4% |
| Taxes | 450/3 | €3,214 | €2,171 | -€1,042 | -32.4% |
| Other amounts payable | 47/48 | €191,848 | €214,079 | +€22,231 | +11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,102 | €16,517 | -€3,585 | -17.8% |
| Other operating charges | 640/8 | €871 | €1,192 | +€321 | +36.9% |
| Gross operating margin | 9900 | -€21,263 | -€3,004 | +€18,259 | +85.9% |
| Operating profit (loss) | 9901 | -€42,236 | -€20,713 | +€21,523 | +51.0% |
| Financial income | 75/76B | €201 | €82 | -€119 | -59.0% |
| Recurring financial income | 75 | €201 | €82 | -€119 | -59.0% |
| Financial charges | 65/66B | €625 | €355 | -€270 | -43.1% |
| Recurring financial charges | 65 | €625 | €355 | -€270 | -43.1% |
| Profit (loss) for the period before taxes | 9903 | -€42,660 | -€20,986 | +€21,674 | +50.8% |
| Income taxes | 67/77 | €59 | €0 | -€59 | -100% |
| Profit (loss) for the period | 9904 | -€42,719 | -€20,986 | +€21,733 | +50.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,719 | -€20,986 | +€21,733 | +50.9% |
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 16 October 2026 via checked.be.