Fiboad: 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.
Fiboad
Largest movements
- Receivables within one year +€9,378
up €9,378 (+27.1%), from €34,639 to €44,017
of which Other amounts receivable: +€14,925
- Tangible fixed assets +€1,360
up €1,360 (+8.6%), from €15,810 to €17,170
of which Furniture and vehicles: +€2,398
- Reserves +€10,290
up €10,290 (+15.4%), from €66,933 to €77,223
of which Distributable reserves: +€12,150
- Turnover -€92,076
no longer reported in 2025 (was €92,076)
- Purchases and services -€55,389
no longer reported in 2025 (was €55,389)
- Gross operating margin -€15,059
down €15,059 (-41.0%), from €36,687 to €21,628
- Financial charges -€8,931
down €8,931 (-82.5%), from €10,823 to €1,892
of which Non-recurring financial charges: -€8,906
- Taxes -€3,583
down €3,583 (-39.0%), from €9,184 to €5,601
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 | €102,503 | €114,410 | +€11,907 | +11.6% |
| Fixed assets | 21/28 | €15,810 | €17,170 | +€1,360 | +8.6% |
| Tangible fixed assets | 22/27 | €15,810 | €17,170 | +€1,360 | +8.6% |
| Land and buildings | 22 | €9,075 | €7,508 | -€1,567 | -17.3% |
| Plant, machinery and equipment | 23 | €823 | €1,352 | +€529 | +64.3% |
| Furniture and vehicles | 24 | €5,913 | €8,311 | +€2,398 | +40.6% |
| Current assets | 29/58 | €86,693 | €97,240 | +€10,547 | +12.2% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Other amounts receivable | 291 | €50,000 | €50,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €34,639 | €44,017 | +€9,378 | +27.1% |
| Trade receivables | 40 | €10,816 | €5,270 | -€5,546 | -51.3% |
| Other amounts receivable | 41 | €23,823 | €38,747 | +€14,925 | +62.6% |
| Cash at bank and in hand | 54/58 | €998 | €2,077 | +€1,080 | +108.2% |
| Deferred charges and accrued income | 490/1 | €1,056 | €1,145 | +€89 | +8.5% |
| Total equity and liabilities | 10/49 | €102,503 | €114,410 | +€11,907 | +11.6% |
| Equity | 10/15 | €85,533 | €95,823 | +€10,290 | +12.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €66,933 | €77,223 | +€10,290 | +15.4% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €65,073 | €77,223 | +€12,150 | +18.7% |
| Amounts payable | 17/49 | €16,970 | €18,587 | +€1,618 | +9.5% |
| Amounts payable within one year | 42/48 | €16,215 | €17,833 | +€1,618 | +10.0% |
| Trade debts | 44 | €256 | €928 | +€672 | +262.8% |
| Suppliers | 440/4 | €256 | €928 | +€672 | +262.8% |
| Taxes, remuneration and social security | 45 | €5,959 | €6,905 | +€945 | +15.9% |
| Taxes | 450/3 | €5,959 | €6,905 | +€945 | +15.9% |
| Other amounts payable | 47/48 | €10,000 | €10,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €754 | €754 | = | 0.0% |
| Turnover | 70 | €92,076 | - | -€92,076 | |
| Goods, raw materials, services and sundry goods | 60/61 | €55,389 | - | -€55,389 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,828 | €4,971 | +€2,143 | +75.8% |
| Other operating charges | 640/8 | €1,332 | €1,172 | -€160 | -12.0% |
| Gross operating margin | 9900 | €36,687 | €21,628 | -€15,059 | -41.0% |
| Operating profit (loss) | 9901 | €32,527 | €15,485 | -€17,042 | -52.4% |
| Financial income | 75/76B | €0 | €2,297 | +€2,297 | +7657166.7% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +266.7% |
| Non-recurring financial income | 76B | - | €2,297 | +€2,297 | |
| Financial charges | 65/66B | €10,823 | €1,892 | -€8,931 | -82.5% |
| Recurring financial charges | 65 | €113 | €88 | -€25 | -22.2% |
| Non-recurring financial charges | 66B | €10,710 | €1,804 | -€8,906 | -83.2% |
| Profit (loss) for the period before taxes | 9903 | €21,704 | €15,891 | -€5,814 | -26.8% |
| Income taxes | 67/77 | €9,184 | €5,601 | -€3,583 | -39.0% |
| Profit (loss) for the period | 9904 | €12,520 | €10,290 | -€2,230 | -17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €12,520 | €10,290 | -€2,230 | -17.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.