FIBELBEMA: 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.
FIBELBEMA
Largest movements
- Tangible fixed assets +€1.7m
up €1.7m (+573.1%), from €303,252 to €2.0m
- Current investments +€249,176
new in 2025: €249,176
- Receivables within one year -€244,305
down €244,305 (-98.1%), from €249,112 to €4,808
- Debts after one year +€1.5m
new in 2025: €1.5m
- Current portion of long-term debt +€271,900
new in 2025: €271,900
- Financial charges -€223,015
down €223,015 (-100.0%), from €223,082 to €68
of which Non-recurring financial charges: -€222,920
- Financial income -€201,194
down €201,194 (-90.1%), from €223,198 to €22,003
- Depreciation +€21,239
up €21,239 (+262.7%), from €8,085 to €29,324
- Gross operating margin -€5,400
down €5,400 (-152.4%), from -€3,542 to -€8,942
- Other operating charges +€850
up €850 (+53.0%), from €1,604 to €2,454
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 | €805,852 | €2,536,277 | +€1.7m | +214.7% |
| Fixed assets | 21/28 | €303,252 | €2,041,327 | +€1.7m | +573.1% |
| Tangible fixed assets | 22/27 | €303,252 | €2,041,327 | +€1.7m | +573.1% |
| Land and buildings | 22 | €303,252 | €2,041,327 | +€1.7m | +573.1% |
| Current assets | 29/58 | €502,600 | €494,950 | -€7,650 | -1.5% |
| Amounts receivable within one year | 40/41 | €249,112 | €4,808 | -€244,305 | -98.1% |
| Other amounts receivable | 41 | €249,112 | €4,808 | -€244,305 | -98.1% |
| Current investments | 50/53 | - | €249,176 | +€249,176 | |
| Cash at bank and in hand | 54/58 | €253,488 | €240,966 | -€12,521 | -4.9% |
| Total equity and liabilities | 10/49 | €805,852 | €2,536,277 | +€1.7m | +214.7% |
| Equity | 10/15 | €802,296 | €783,513 | -€18,784 | -2.3% |
| Contributions | 10/11 | €273,960 | €273,960 | = | 0.0% |
| Profit (loss) carried forward | 14 | €528,337 | €509,553 | -€18,784 | -3.6% |
| Amounts payable | 17/49 | €3,555 | €1,752,764 | +€1.7m | +49197.4% |
| Amounts payable after more than one year | 17 | - | €1,478,000 | +€1.5m | |
| Other amounts payable | 178/9 | - | €1,478,000 | +€1.5m | |
| Amounts payable within one year | 42/48 | €3,555 | €271,900 | +€268,345 | +7547.3% |
| Current portion of amounts payable after more than one year | 42 | - | €271,900 | +€271,900 | |
| Other amounts payable | 47/48 | €3,555 | - | -€3,555 | |
| Accrued charges and deferred income | 492/3 | - | €2,864 | +€2,864 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,085 | €29,324 | +€21,239 | +262.7% |
| Other operating charges | 640/8 | €1,604 | €2,454 | +€850 | +53.0% |
| Gross operating margin | 9900 | -€3,542 | -€8,942 | -€5,400 | -152.4% |
| Operating profit (loss) | 9901 | -€13,231 | -€40,720 | -€27,488 | -207.8% |
| Financial income | 75/76B | €223,198 | €22,003 | -€201,194 | -90.1% |
| Recurring financial income | 75 | €223,198 | €22,003 | -€201,194 | -90.1% |
| Financial charges | 65/66B | €223,082 | €68 | -€223,015 | -100.0% |
| Recurring financial charges | 65 | €163 | €68 | -€95 | -58.5% |
| Non-recurring financial charges | 66B | €222,920 | - | -€222,920 | |
| Profit (loss) for the period before taxes | 9903 | -€13,116 | -€18,784 | -€5,667 | -43.2% |
| Profit (loss) for the period | 9904 | -€13,116 | -€18,784 | -€5,667 | -43.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,116 | -€18,784 | -€5,667 | -43.2% |
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 9 October 2026 via checked.be.