FIABO: 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.
FIABO
Largest movements
- Intangible fixed assets -€94,232
down €94,232 (-31.3%), from €301,466 to €207,234
- Receivables within one year +€89,708
up €89,708 (+30.0%), from €299,156 to €388,864
of which Trade receivables: +€88,833
- Tangible fixed assets -€81,958
down €81,958 (-15.2%), from €538,886 to €456,928
of which Furniture and vehicles: -€48,968
- Cash +€45,077
up €45,077 (+69.8%), from €64,581 to €109,658
mainly Depreciation (+€222,774) and Net result for the year (+€120,249)
- Debts after one year -€45,622
down €45,622 (-7.9%), from €578,882 to €533,260
- Reserves -€19,589
down €19,589 (-32.3%), from €60,634 to €41,045
- Trade debts +€18,116
up €18,116 (+6.7%), from €270,229 to €288,345
- Tax, wage and social debts +€18,062
up €18,062 (+21.5%), from €84,009 to €102,072
of which Taxes: +€10,760
- Gross operating margin +€92,589
up €92,589 (+13.5%), from €685,026 to €777,614
- Staff costs +€66,065
up €66,065 (+19.7%), from €334,506 to €400,571
- Depreciation +€31,595
up €31,595 (+16.5%), from €191,178 to €222,774
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 | €1,213,016 | €1,175,268 | -€37,748 | -3.1% |
| Fixed assets | 21/28 | €840,352 | €664,162 | -€176,190 | -21.0% |
| Intangible fixed assets | 21 | €301,466 | €207,234 | -€94,232 | -31.3% |
| Tangible fixed assets | 22/27 | €538,886 | €456,928 | -€81,958 | -15.2% |
| Land and buildings | 22 | €370,380 | €337,389 | -€32,991 | -8.9% |
| Furniture and vehicles | 24 | €168,507 | €119,539 | -€48,968 | -29.1% |
| Current assets | 29/58 | €372,664 | €511,106 | +€138,442 | +37.1% |
| Amounts receivable within one year | 40/41 | €299,156 | €388,864 | +€89,708 | +30.0% |
| Trade receivables | 40 | €299,156 | €387,989 | +€88,833 | +29.7% |
| Other amounts receivable | 41 | - | €875 | +€875 | |
| Cash at bank and in hand | 54/58 | €64,581 | €109,658 | +€45,077 | +69.8% |
| Deferred charges and accrued income | 490/1 | €8,926 | €12,584 | +€3,658 | +41.0% |
| Total equity and liabilities | 10/49 | €1,213,016 | €1,175,268 | -€37,748 | -3.1% |
| Equity | 10/15 | €81,634 | €62,045 | -€19,589 | -24.0% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Reserves | 13 | €60,634 | €41,045 | -€19,589 | -32.3% |
| Distributable reserves | 133 | €60,634 | €41,045 | -€19,589 | -32.3% |
| Amounts payable | 17/49 | €1,131,381 | €1,113,223 | -€18,159 | -1.6% |
| Amounts payable after more than one year | 17 | €578,882 | €533,260 | -€45,622 | -7.9% |
| Financial debts | 170/4 | €578,882 | €533,260 | -€45,622 | -7.9% |
| Amounts payable within one year | 42/48 | €548,413 | €575,877 | +€27,464 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | €51,714 | €45,622 | -€6,092 | -11.8% |
| Trade debts | 44 | €270,229 | €288,345 | +€18,116 | +6.7% |
| Suppliers | 440/4 | €270,229 | €288,345 | +€18,116 | +6.7% |
| Taxes, remuneration and social security | 45 | €84,009 | €102,072 | +€18,062 | +21.5% |
| Taxes | 450/3 | €45,294 | €56,054 | +€10,760 | +23.8% |
| Remuneration and social security | 454/9 | €38,715 | €46,018 | +€7,303 | +18.9% |
| Other amounts payable | 47/48 | €142,460 | €139,839 | -€2,622 | -1.8% |
| Accrued charges and deferred income | 492/3 | €4,087 | €4,086 | -€1 | 0.0% |
| Remuneration, social security and pensions | 62 | €334,506 | €400,571 | +€66,065 | +19.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €191,178 | €222,774 | +€31,595 | +16.5% |
| Other operating charges | 640/8 | €7,211 | €7,310 | +€99 | +1.4% |
| Gross operating margin | 9900 | €685,026 | €777,614 | +€92,589 | +13.5% |
| Operating profit (loss) | 9901 | €152,130 | €146,959 | -€5,171 | -3.4% |
| Financial income | 75/76B | €2,090 | €1,131 | -€960 | -45.9% |
| Recurring financial income | 75 | €2,090 | €1,131 | -€960 | -45.9% |
| Financial charges | 65/66B | €13,245 | €13,716 | +€471 | +3.6% |
| Recurring financial charges | 65 | €13,245 | €13,716 | +€471 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | €140,976 | €134,374 | -€6,602 | -4.7% |
| Income taxes | 67/77 | €14,880 | €14,125 | -€755 | -5.1% |
| Profit (loss) for the period | 9904 | €126,096 | €120,249 | -€5,847 | -4.6% |
| Profit (loss) for the period to be appropriated | 9905 | €126,096 | €120,249 | -€5,847 | -4.6% |
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 10 October 2026 via checked.be.