FIBEMA: 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.
FIBEMA
Largest movements
- Cash +€83,810
up €83,810 (+294.3%), from €28,482 to €112,293
mainly Current investments (+€50,000) and Net result for the year (+€42,303)
- Current investments -€50,000
down €50,000 (-100.0%), from €50,000 to €0
- Reserves +€50,366
up €50,366 (+11.5%), from €436,081 to €486,446
of which Distributable reserves: +€45,699
- Provisions -€9,195
down €9,195 (-37.7%), from €24,391 to €15,196
- Taxes +€2,971
up €2,971 (+16.2%), from €18,355 to €21,326
- Financial income -€2,645
down €2,645 (-56.1%), from €4,715 to €2,070
- Other operating charges +€2,039
up €2,039 (+15.4%), from €13,214 to €15,254
- Gross operating margin -€1,546
down €1,546 (-1.6%), from €95,567 to €94,020
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 | €597,828 | €641,521 | +€43,693 | +7.3% |
| Fixed assets | 21/28 | €493,118 | €498,800 | +€5,681 | +1.2% |
| Tangible fixed assets | 22/27 | €493,118 | €498,800 | +€5,681 | +1.2% |
| Land and buildings | 22 | €491,509 | €473,616 | -€17,894 | -3.6% |
| Plant, machinery and equipment | 23 | €1,609 | €25,184 | +€23,575 | +1465.1% |
| Current assets | 29/58 | €104,710 | €142,721 | +€38,011 | +36.3% |
| Amounts receivable within one year | 40/41 | €21,679 | €26,189 | +€4,510 | +20.8% |
| Other amounts receivable | 41 | €21,679 | €26,189 | +€4,510 | +20.8% |
| Current investments | 50/53 | €50,000 | €0 | -€50,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €28,482 | €112,293 | +€83,810 | +294.3% |
| Deferred charges and accrued income | 490/1 | €4,548 | €4,240 | -€309 | -6.8% |
| Total equity and liabilities | 10/49 | €597,828 | €641,521 | +€43,693 | +7.3% |
| Equity | 10/15 | €561,081 | €611,446 | +€50,366 | +9.0% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €436,081 | €486,446 | +€50,366 | +11.5% |
| Tax-exempt reserves | 132 | €40,921 | €45,588 | +€4,667 | +11.4% |
| Distributable reserves | 133 | €395,160 | €440,858 | +€45,699 | +11.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Provisions and deferred taxes | 16 | €24,391 | €15,196 | -€9,195 | -37.7% |
| Deferred taxes | 168 | €24,391 | €15,196 | -€9,195 | -37.7% |
| Amounts payable | 17/49 | €12,356 | €14,878 | +€2,522 | +20.4% |
| Amounts payable within one year | 42/48 | €11,466 | €14,045 | +€2,580 | +22.5% |
| Trade debts | 44 | €342 | €371 | +€29 | +8.5% |
| Suppliers | 440/4 | €342 | €371 | +€29 | +8.5% |
| Advances received on contracts in progress | 46 | €7,521 | €7,596 | +€75 | +1.0% |
| Taxes, remuneration and social security | 45 | - | €705 | +€705 | |
| Taxes | 450/3 | - | €705 | +€705 | |
| Other amounts payable | 47/48 | €3,602 | €5,373 | +€1,770 | +49.1% |
| Accrued charges and deferred income | 492/3 | €891 | €833 | -€58 | -6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,215 | €18,295 | +€80 | +0.4% |
| Other operating charges | 640/8 | €13,214 | €15,254 | +€2,039 | +15.4% |
| Gross operating margin | 9900 | €95,567 | €94,020 | -€1,546 | -1.6% |
| Operating profit (loss) | 9901 | €64,137 | €60,472 | -€3,666 | -5.7% |
| Financial income | 75/76B | €4,715 | €2,070 | -€2,645 | -56.1% |
| Recurring financial income | 75 | €4,715 | €2,070 | -€2,645 | -56.1% |
| Financial charges | 65/66B | €45 | €45 | +€0 | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | +€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €68,807 | €62,497 | -€6,311 | -9.2% |
| Transfer from deferred taxes | 780 | €1,132 | €1,132 | = | 0.0% |
| Income taxes | 67/77 | €18,355 | €21,326 | +€2,971 | +16.2% |
| Profit (loss) for the period | 9904 | €51,584 | €42,303 | -€9,282 | -18.0% |
| Transfer from tax-exempt reserves | 789 | €3,396 | €3,396 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €54,980 | €45,699 | -€9,282 | -16.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.