FIBAM B & V: 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.
FIBAM B & V
Largest movements
- Tangible fixed assets -€61,453
down €61,453 (-11.0%), from €559,558 to €498,105
of which Land and buildings: -€31,622
- Receivables within one year -€28,153
down €28,153 (-10.7%), from €263,716 to €235,563
of which Trade receivables: -€26,853
- Trade debts -€131,385
down €131,385 (-65.0%), from €201,981 to €70,597
- Debts after one year -€50,732
down €50,732 (-15.9%), from €319,570 to €268,838
- Advances received +€45,770
up €45,770 (+326%), from €14,020 to €59,790
- Reserves +€34,166
up €34,166 (+6.9%), from €495,780 to €529,946
of which Distributable reserves: +€34,166
- Gross operating margin +€44,565
up €44,565 (+17.4%), from €256,140 to €300,705
- Depreciation +€12,231
up €12,231 (+19.2%), from €63,546 to €75,777
- Taxes +€11,360
up €11,360 (+132%), from €8,633 to €19,993
- Financial charges -€5,718
down €5,718 (-12.9%), from €44,403 to €38,684
- Staff costs +€4,770
up €4,770 (+3.5%), from €135,124 to €139,894
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 | €1,582,947 | €1,484,306 | -€98,641 | -6.2% |
| Fixed assets | 21/28 | €1,233,398 | €1,171,945 | -€61,453 | -5.0% |
| Intangible fixed assets | 21 | €399,771 | €399,771 | = | 0.0% |
| Tangible fixed assets | 22/27 | €559,558 | €498,105 | -€61,453 | -11.0% |
| Land and buildings | 22 | €347,345 | €315,723 | -€31,622 | -9.1% |
| Plant, machinery and equipment | 23 | €11,953 | €12,682 | +€729 | +6.1% |
| Furniture and vehicles | 24 | €182,609 | €152,050 | -€30,560 | -16.7% |
| Other tangible fixed assets | 26 | €17,650 | €17,650 | = | 0.0% |
| Financial fixed assets | 28 | €274,068 | €274,068 | = | 0.0% |
| Current assets | 29/58 | €349,549 | €312,361 | -€37,188 | -10.6% |
| Amounts receivable within one year | 40/41 | €263,716 | €235,563 | -€28,153 | -10.7% |
| Trade receivables | 40 | €87,585 | €60,732 | -€26,853 | -30.7% |
| Other amounts receivable | 41 | €176,131 | €174,830 | -€1,301 | -0.7% |
| Cash at bank and in hand | 54/58 | €82,017 | €74,658 | -€7,359 | -9.0% |
| Deferred charges and accrued income | 490/1 | €3,816 | €2,140 | -€1,677 | -43.9% |
| Total equity and liabilities | 10/49 | €1,582,947 | €1,484,306 | -€98,641 | -6.2% |
| Equity | 10/15 | €501,980 | €536,146 | +€34,166 | +6.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €495,780 | €529,946 | +€34,166 | +6.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €493,920 | €528,086 | +€34,166 | +6.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,080,967 | €948,160 | -€132,807 | -12.3% |
| Amounts payable after more than one year | 17 | €319,570 | €268,838 | -€50,732 | -15.9% |
| Financial debts | 170/4 | €319,570 | €268,838 | -€50,732 | -15.9% |
| Amounts payable within one year | 42/48 | €726,231 | €648,960 | -€77,271 | -10.6% |
| Current portion of amounts payable after more than one year | 42 | €51,336 | €50,732 | -€603 | -1.2% |
| Trade debts | 44 | €201,981 | €70,597 | -€131,385 | -65.0% |
| Suppliers | 440/4 | €201,981 | €70,597 | -€131,385 | -65.0% |
| Advances received on contracts in progress | 46 | €14,020 | €59,790 | +€45,770 | +326% |
| Taxes, remuneration and social security | 45 | €32,986 | €47,577 | +€14,591 | +44.2% |
| Taxes | 450/3 | €9,935 | €23,846 | +€13,911 | +140% |
| Remuneration and social security | 454/9 | €23,051 | €23,731 | +€680 | +2.9% |
| Other amounts payable | 47/48 | €425,908 | €420,263 | -€5,644 | -1.3% |
| Accrued charges and deferred income | 492/3 | €35,166 | €30,362 | -€4,804 | -13.7% |
| Non-recurring operating income | 76A | €10,077 | €0 | -€10,077 | -100% |
| Remuneration, social security and pensions | 62 | €135,124 | €139,894 | +€4,770 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,546 | €75,777 | +€12,231 | +19.2% |
| Other operating charges | 640/8 | €5,927 | €5,893 | -€34 | -0.6% |
| Gross operating margin | 9900 | €256,140 | €300,705 | +€44,565 | +17.4% |
| Operating profit (loss) | 9901 | €51,543 | €79,141 | +€27,598 | +53.5% |
| Financial income | 75/76B | €13,703 | €13,703 | = | 0.0% |
| Recurring financial income | 75 | €13,703 | €13,703 | = | 0.0% |
| Financial charges | 65/66B | €44,403 | €38,684 | -€5,718 | -12.9% |
| Recurring financial charges | 65 | €44,403 | €38,684 | -€5,718 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | €20,844 | €54,160 | +€33,316 | +160% |
| Income taxes | 67/77 | €8,633 | €19,993 | +€11,360 | +132% |
| Profit (loss) for the period | 9904 | €12,210 | €34,166 | +€21,956 | +180% |
| Profit (loss) for the period to be appropriated | 9905 | €12,210 | €34,166 | +€21,956 | +180% |
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 24 October 2026 via checked.be.