Febiac: 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
Febiac
NACE 82.300, Organisation of conventions and trade shows
fiscal year 2025 against 2026filed annual accounts (NBB)
Net result for the year
€1.9m
2025 · €1.6m+€287,267
Equity
€22.6m
2025 · €20.8m+€1.9m
Cash
€1.7m
2025 · €1.2m+€490,644
Balance sheet total
€26.7m
2025 · €24.4m+€2.3m
Largest movements
Assets
- Tangible fixed assets +€945,829
up €945,829 (+437.3%), from €216,288 to €1.2m
of which Land and buildings: +€978,975
- Receivables within one year +€775,405
up €775,405 (+38.7%), from €2.0m to €2.8m
of which Trade receivables: +€523,985
- Cash +€490,644
up €490,644 (+41.8%), from €1.2m to €1.7m
mainly Net result for the year (+€1.9m) and Debts within one year (+€231,980)
Equity and liabilities
- Profit (loss) carried forward +€1.5m
up €1.5m (+7.5%), from €20.1m to €21.6m
- Reserves +€370,000
up €370,000 (+92.5%), from €400,000 to €770,000
Income statement
- Turnover +€2.4m
up €2.4m (+22.7%), from €10.6m to €13.0m
- Services and other goods +€2.1m
up €2.1m (+26.4%), from €8.1m to €10.2m
- Depreciation -€325,977
down €325,977 (-84.5%), from €385,656 to €59,679
- Staff costs +€304,015
up €304,015 (+15.6%), from €2.0m to €2.3m
From the 2025 result to the 2026 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 2025
€1.6m
Turnover
+€2.4m
Other operating income
-€3,834
Services and other goods
-€2.1m
Staff costs
-€304,015
Depreciation
+€325,977
Other operating charges
-€17,964
Other operating items
+€612,382
Financial income
-€590,296
Financial charges
-€20,637
Taxes
+€3,281
Result 2026
€1.9m
Cash bridge derived
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€1.7m
Investment
-€1.2m
Financing
€0
Cash 2025
€1.2m
From operations (derived)
+€1.7m
Net result for the year
+€1.9m
Depreciation
+€59,679
Receivables within one year
-€775,405
Deferred charges and accrued income
+€166,729
Debts within one year
+€231,980
Accrued charges and deferred income
+€169,290
Investment (derived)
-€1.2m
Investment in fixed assets (net)
-€1.2m
Current investments
+€1,228
Cash 2026
€1.7m
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,421,292 | €26,704,162 | +€2.3m | +9.3% |
| Fixed assets | 21/28 | €16,658,060 | €17,842,838 | +€1.2m | +7.1% |
| Intangible fixed assets | 21 | €19,948 | €8,897 | -€11,051 | -55.4% |
| Tangible fixed assets | 22/27 | €216,288 | €1,162,117 | +€945,829 | +437.3% |
| Land and buildings | 22 | €135,195 | €1,114,170 | +€978,975 | +724.1% |
| Plant, machinery and equipment | 23 | €70,900 | €41,298 | -€29,602 | -41.8% |
| Furniture and vehicles | 24 | €10,192 | €6,650 | -€3,542 | -34.8% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Assets under construction and advance payments | 27 | - | €0 | = | |
| Financial fixed assets | 28 | €16,421,824 | €16,671,824 | +€250,000 | +1.5% |
| Affiliated companies | 280/1 | €16,401,232 | €16,651,232 | +€250,000 | +1.5% |
| Participating interests | 280 | €4,106,397 | €4,106,397 | = | 0.0% |
| Amounts receivable | 281 | €12,294,835 | €12,544,835 | +€250,000 | +2.0% |
| Other financial fixed assets | 284/8 | €20,592 | €20,592 | = | 0.0% |
| Shares | 284 | €20,592 | €20,592 | = | 0.0% |
| Current assets | 29/58 | €7,763,232 | €8,861,324 | +€1.1m | +14.1% |
| Amounts receivable within one year | 40/41 | €2,003,405 | €2,778,810 | +€775,405 | +38.7% |
| Trade receivables | 40 | €1,319,003 | €1,842,988 | +€523,985 | +39.7% |
| Other amounts receivable | 41 | €684,402 | €935,822 | +€251,420 | +36.7% |
| Current investments | 50/53 | €4,276,580 | €4,275,352 | -€1,228 | 0.0% |
| Cash at bank and in hand | 54/58 | €1,174,175 | €1,664,819 | +€490,644 | +41.8% |
| Deferred charges and accrued income | 490/1 | €309,072 | €142,343 | -€166,729 | -53.9% |
| Total equity and liabilities | 10/49 | €24,421,292 | €26,704,162 | +€2.3m | +9.3% |
| Equity | 10/15 | €20,764,459 | €22,646,059 | +€1.9m | +9.1% |
| Contributions | 10/11 | €257,365 | €257,365 | = | 0.0% |
| Capital | 10 | €257,365 | €257,365 | = | 0.0% |
| Reserves | 13 | €400,000 | €770,000 | +€370,000 | +92.5% |
| Profit (loss) carried forward | 14 | €20,107,094 | €21,618,694 | +€1.5m | +7.5% |
| Amounts payable | 17/49 | €3,656,833 | €4,058,103 | +€401,270 | +11.0% |
| Amounts payable within one year | 42/48 | €1,950,343 | €2,182,323 | +€231,980 | +11.9% |
| Current portion of amounts payable after more than one year | 42 | €1,200,000 | €1,200,000 | = | 0.0% |
| Trade debts | 44 | €386,463 | €409,030 | +€22,567 | +5.8% |
| Suppliers | 440/4 | €386,463 | €409,030 | +€22,567 | +5.8% |
| Taxes, remuneration and social security | 45 | €363,880 | €383,293 | +€19,413 | +5.3% |
| Taxes | 450/3 | €47,955 | €49,085 | +€1,130 | +2.4% |
| Remuneration and social security | 454/9 | €315,925 | €334,208 | +€18,283 | +5.8% |
| Accrued charges and deferred income | 492/3 | €1,706,490 | €1,875,780 | +€169,290 | +9.9% |
| Operating income | 70/76A | €11,884,382 | €14,037,545 | +€2.2m | +18.1% |
| Turnover | 70 | €10,621,427 | €13,028,713 | +€2.4m | +22.7% |
| Other operating income | 74 | €121,872 | €118,038 | -€3,834 | -3.1% |
| Non-recurring operating income | 76A | €267,283 | €2,371 | -€264,912 | -99.1% |
| Operating charges | 60/66A | €11,396,858 | €12,655,102 | +€1.3m | +11.0% |
| Services and other goods | 61 | €8,053,261 | €10,178,174 | +€2.1m | +26.4% |
| Remuneration, social security and pensions | 62 | €1,954,598 | €2,258,613 | +€304,015 | +15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €385,656 | €59,679 | -€325,977 | -84.5% |
| Other operating charges | 640/8 | €117,664 | €135,628 | +€17,964 | +15.3% |
| Non-recurring operating charges | 66A | €885,679 | €23,008 | -€862,671 | -97.4% |
| Operating profit (loss) | 9901 | €487,524 | €1,382,443 | +€894,919 | +183.6% |
| Recurring financial income | 75 | €1,265,560 | €675,264 | -€590,296 | -46.6% |
| Income from financial fixed assets | 750 | €24,135 | €383,388 | +€359,253 | +1488.5% |
| Income from current assets | 751 | €1,241,425 | €291,876 | -€949,549 | -76.5% |
| Financial charges | 65/66B | €27,883 | €48,520 | +€20,637 | +74.0% |
| Recurring financial charges | 65 | €27,883 | €48,520 | +€20,637 | +74.0% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | -€6,532 | - | +€6,532 | |
| Other financial charges | 652/9 | €34,415 | €48,520 | +€14,105 | +41.0% |
| Profit (loss) for the period before taxes | 9903 | €1,725,202 | €2,009,188 | +€283,986 | +16.5% |
| Income taxes | 67/77 | €130,869 | €127,588 | -€3,281 | -2.5% |
| Taxes | 670/3 | €130,869 | €127,588 | -€3,281 | -2.5% |
| Profit (loss) for the period | 9904 | €1,594,333 | €1,881,600 | +€287,267 | +18.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,594,333 | €1,881,600 | +€287,267 | +18.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.