FIBA: 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.
FIBA
Largest movements
- Receivables within one year +€121,752
up €121,752 (+101.9%), from €119,504 to €241,255
of which Trade receivables: +€183,962
- Tangible fixed assets -€54,557
down €54,557 (-46.1%), from €118,241 to €63,684
of which Furniture and vehicles: -€30,267
- Cash +€13,820
up €13,820 (+5527.9%), from €250 to €14,070
- Deferred charges and accrued income -€12,613
no longer reported in 2025 (was €12,613)
- Stocks and contracts +€10,000
up €10,000 (+19.3%), from €51,724 to €61,724
of which Contracts in progress: +€10,000
- Profit (loss) carried forward +€99,913
no longer reported in 2025 (was -€99,913)
- Trade debts +€57,609
up €57,609 (+30.1%), from €191,390 to €248,998
- Debts after one year -€39,404
down €39,404 (-51.4%), from €76,624 to €37,220
- Current portion of long-term debt -€24,794
down €24,794 (-69.9%), from €35,482 to €10,688
- Tax, wage and social debts -€17,406
down €17,406 (-55.7%), from €31,230 to €13,824
of which Remuneration and social security: -€16,457
- Gross operating margin +€794,911
up €794,911 (+126.0%), from €631,023 to €1.4m
- Staff costs +€481,624
up €481,624 (+68.6%), from €702,024 to €1.2m
- Financial charges +€67,032
up €67,032 (+952.4%), from €7,038 to €74,071
- Other operating charges +€38,170
up €38,170 (+1845.0%), from €2,069 to €40,239
- Financial income +€31,223
up €31,223 (+42930.4%), from €73 to €31,296
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €320,332 | €401,734 | +€81,401 | +25.4% |
| Fixed assets | 21/28 | €121,241 | €69,684 | -€51,557 | -42.5% |
| Tangible fixed assets | 22/27 | €118,241 | €63,684 | -€54,557 | -46.1% |
| Plant, machinery and equipment | 23 | €23,189 | €11,765 | -€11,424 | -49.3% |
| Furniture and vehicles | 24 | €40,405 | €10,137 | -€30,267 | -74.9% |
| Leasing and similar rights | 25 | €54,647 | €41,782 | -€12,865 | -23.5% |
| Financial fixed assets | 28 | €3,000 | €6,000 | +€3,000 | +100.0% |
| Current assets | 29/58 | €199,091 | €332,049 | +€132,958 | +66.8% |
| Amounts receivable after more than one year | 29 | €15,000 | €15,000 | = | 0.0% |
| Other amounts receivable | 291 | €15,000 | €15,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €51,724 | €61,724 | +€10,000 | +19.3% |
| Stocks | 30/36 | €1,000 | €1,000 | = | 0.0% |
| Contracts in progress | 37 | €50,724 | €60,724 | +€10,000 | +19.7% |
| Amounts receivable within one year | 40/41 | €119,504 | €241,255 | +€121,752 | +101.9% |
| Trade receivables | 40 | €39,677 | €223,640 | +€183,962 | +463.6% |
| Other amounts receivable | 41 | €79,826 | €17,616 | -€62,211 | -77.9% |
| Cash at bank and in hand | 54/58 | €250 | €14,070 | +€13,820 | +5527.9% |
| Deferred charges and accrued income | 490/1 | €12,613 | - | -€12,613 | |
| Total equity and liabilities | 10/49 | €320,332 | €401,734 | +€81,401 | +25.4% |
| Equity | 10/15 | -€24,721 | €78,003 | +€102,724 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €56,592 | €59,403 | +€2,811 | +5.0% |
| Distributable reserves | 133 | €56,592 | €59,403 | +€2,811 | +5.0% |
| Profit (loss) carried forward | 14 | -€99,913 | - | +€99,913 | |
| Amounts payable | 17/49 | €345,053 | €323,731 | -€21,323 | -6.2% |
| Amounts payable after more than one year | 17 | €76,624 | €37,220 | -€39,404 | -51.4% |
| Financial debts | 170/4 | €76,624 | €37,220 | -€39,404 | -51.4% |
| Amounts payable within one year | 42/48 | €258,103 | €286,511 | +€28,408 | +11.0% |
| Current portion of amounts payable after more than one year | 42 | €35,482 | €10,688 | -€24,794 | -69.9% |
| Financial debts | 43 | - | €11,619 | +€11,619 | |
| Credit institutions | 430/8 | - | €11,619 | +€11,619 | |
| Trade debts | 44 | €191,390 | €248,998 | +€57,609 | +30.1% |
| Suppliers | 440/4 | €191,390 | €248,998 | +€57,609 | +30.1% |
| Taxes, remuneration and social security | 45 | €31,230 | €13,824 | -€17,406 | -55.7% |
| Taxes | 450/3 | €3,298 | €2,349 | -€949 | -28.8% |
| Remuneration and social security | 454/9 | €27,932 | €11,475 | -€16,457 | -58.9% |
| Other amounts payable | 47/48 | - | €1,382 | +€1,382 | |
| Accrued charges and deferred income | 492/3 | €10,327 | - | -€10,327 | |
| Remuneration, social security and pensions | 62 | €702,024 | €1,183,648 | +€481,624 | +68.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,343 | €46,548 | +€29,205 | +168.4% |
| Other operating charges | 640/8 | €2,069 | €40,239 | +€38,170 | +1845.0% |
| Non-recurring operating charges | 66A | €7,582 | - | -€7,582 | |
| Gross operating margin | 9900 | €631,023 | €1,425,934 | +€794,911 | +126.0% |
| Operating profit (loss) | 9901 | -€97,994 | €155,499 | +€253,493 | |
| Financial income | 75/76B | €73 | €31,296 | +€31,223 | +42930.4% |
| Recurring financial income | 75 | €73 | €31,296 | +€31,223 | +42930.4% |
| Financial charges | 65/66B | €7,038 | €74,071 | +€67,032 | +952.4% |
| Recurring financial charges | 65 | €7,038 | €74,071 | +€67,032 | +952.4% |
| Profit (loss) for the period before taxes | 9903 | -€104,960 | €112,724 | +€217,684 | |
| Income taxes | 67/77 | €250 | €10,000 | +€9,750 | +3902.7% |
| Profit (loss) for the period | 9904 | -€105,210 | €102,724 | +€207,934 | |
| Profit (loss) for the period to be appropriated | 9905 | -€105,210 | €102,724 | +€207,934 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.