FAMIBEL: 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.
FAMIBEL
Largest movements
- Tangible fixed assets -€107,311
down €107,311 (-5.9%), from €1.8m to €1.7m
of which Land and buildings: -€97,826
- Reserves -€52,618
down €52,618 (-5.8%), from €899,679 to €847,061
of which Tax-exempt reserves: -€52,618
- Profit (loss) carried forward -€47,213
down €47,213, from €45,244 to -€1,969
- Other operating charges -€26,602
down €26,602 (-49.3%), from €53,960 to €27,358
- Financial income +€4,576
up €4,576 (+163%), from €2,810 to €7,386
- Gross operating margin +€3,533
up €3,533, from -€2,475 to €1,058
- Depreciation -€578
down €578 (-0.5%), from €107,889 to €107,311
- Financial charges -€293
down €293 (-29.5%), from €993 to €700
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 | €3,350,872 | €3,226,539 | -€124,333 | -3.7% |
| Fixed assets | 21/28 | €3,145,373 | €3,038,062 | -€107,311 | -3.4% |
| Tangible fixed assets | 22/27 | €1,809,338 | €1,702,027 | -€107,311 | -5.9% |
| Land and buildings | 22 | €1,798,474 | €1,700,648 | -€97,826 | -5.4% |
| Plant, machinery and equipment | 23 | €1,516 | €1,166 | -€350 | -23.1% |
| Furniture and vehicles | 24 | €9,348 | €213 | -€9,135 | -97.7% |
| Financial fixed assets | 28 | €1,336,035 | €1,336,035 | = | 0.0% |
| Current assets | 29/58 | €205,499 | €188,477 | -€17,022 | -8.3% |
| Amounts receivable within one year | 40/41 | €18,012 | €8,910 | -€9,102 | -50.5% |
| Trade receivables | 40 | €6,307 | €6,816 | +€509 | +8.1% |
| Other amounts receivable | 41 | €11,705 | €2,094 | -€9,611 | -82.1% |
| Current investments | 50/53 | €177,382 | €177,382 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €9,905 | €1,976 | -€7,929 | -80.1% |
| Deferred charges and accrued income | 490/1 | €200 | €209 | +€9 | +4.5% |
| Total equity and liabilities | 10/49 | €3,350,872 | €3,226,539 | -€124,333 | -3.7% |
| Equity | 10/15 | €1,244,923 | €1,145,092 | -€99,831 | -8.0% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €899,679 | €847,061 | -€52,618 | -5.8% |
| Non-distributable reserves | 130/1 | €24,583 | €24,583 | = | 0.0% |
| Legal reserve | 130 | €24,583 | €24,583 | = | 0.0% |
| Tax-exempt reserves | 132 | €851,202 | €798,584 | -€52,618 | -6.2% |
| Distributable reserves | 133 | €23,894 | €23,894 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,244 | -€1,969 | -€47,213 | |
| Provisions and deferred taxes | 16 | €434,230 | €407,136 | -€27,094 | -6.2% |
| Deferred taxes | 168 | €434,230 | €407,136 | -€27,094 | -6.2% |
| Amounts payable | 17/49 | €1,671,719 | €1,674,311 | +€2,592 | +0.2% |
| Amounts payable within one year | 42/48 | €1,637,907 | €1,642,561 | +€4,654 | +0.3% |
| Trade debts | 44 | €15,504 | - | -€15,504 | |
| Suppliers | 440/4 | €15,504 | - | -€15,504 | |
| Taxes, remuneration and social security | 45 | €4,342 | €11,519 | +€7,177 | +165% |
| Remuneration and social security | 454/9 | €4,342 | €11,519 | +€7,177 | +165% |
| Other amounts payable | 47/48 | €1,618,061 | €1,631,042 | +€12,981 | +0.8% |
| Accrued charges and deferred income | 492/3 | €33,812 | €31,750 | -€2,062 | -6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107,889 | €107,311 | -€578 | -0.5% |
| Other operating charges | 640/8 | €53,960 | €27,358 | -€26,602 | -49.3% |
| Gross operating margin | 9900 | -€2,475 | €1,058 | +€3,533 | |
| Operating profit (loss) | 9901 | -€164,324 | -€133,611 | +€30,713 | +18.7% |
| Financial income | 75/76B | €2,810 | €7,386 | +€4,576 | +163% |
| Recurring financial income | 75 | €2,810 | €7,386 | +€4,576 | +163% |
| Financial charges | 65/66B | €993 | €700 | -€293 | -29.5% |
| Recurring financial charges | 65 | €993 | €700 | -€293 | -29.5% |
| Profit (loss) for the period before taxes | 9903 | -€162,507 | -€126,925 | +€35,582 | +21.9% |
| Transfer from deferred taxes | 780 | €27,094 | €27,094 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€135,413 | -€99,831 | +€35,582 | +26.3% |
| Transfer from tax-exempt reserves | 789 | €52,618 | €52,618 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€82,795 | -€47,213 | +€35,582 | +43.0% |
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 21 October 2026 via checked.be.