FIBOTRANS: 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.
FIBOTRANS
Largest movements
- Cash +€1.4m
up €1.4m (+142.2%), from €995,792 to €2.4m
mainly Receivables within one year (+€976,284) and Net result for the year (+€375,375)
- Receivables within one year -€976,284
down €976,284 (-60.6%), from €1.6m to €635,094
of which Other amounts receivable: -€990,994
- Tangible fixed assets -€191,674
down €191,674 (-31.9%), from €600,850 to €409,176
- Reserves +€375,375
up €375,375 (+18.1%), from €2.1m to €2.4m
of which Distributable reserves: +€375,375
- Trade debts -€120,124
down €120,124 (-32.4%), from €370,965 to €250,841
- Purchases and services +€5.3m
new in 2025: €5.3m
- Gross operating margin -€228,169
down €228,169 (-13.3%), from €1.7m to €1.5m
- Staff costs -€74,620
down €74,620 (-10.8%), from €690,384 to €615,763
- Taxes -€33,006
down €33,006 (-19.6%), from €168,006 to €135,000
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 | €3,209,386 | €3,457,189 | +€247,804 | +7.7% |
| Fixed assets | 21/28 | €602,089 | €410,415 | -€191,674 | -31.8% |
| Tangible fixed assets | 22/27 | €600,850 | €409,176 | -€191,674 | -31.9% |
| Furniture and vehicles | 24 | €600,850 | €409,176 | -€191,674 | -31.9% |
| Financial fixed assets | 28 | €1,239 | €1,239 | = | 0.0% |
| Current assets | 29/58 | €2,607,297 | €3,046,774 | +€439,477 | +16.9% |
| Amounts receivable within one year | 40/41 | €1,611,378 | €635,094 | -€976,284 | -60.6% |
| Trade receivables | 40 | €575,279 | €589,989 | +€14,710 | +2.6% |
| Other amounts receivable | 41 | €1,036,099 | €45,105 | -€990,994 | -95.6% |
| Cash at bank and in hand | 54/58 | €995,792 | €2,411,553 | +€1.4m | +142.2% |
| Deferred charges and accrued income | 490/1 | €127 | €127 | +€0 | 0.0% |
| Total equity and liabilities | 10/49 | €3,209,386 | €3,457,189 | +€247,804 | +7.7% |
| Equity | 10/15 | €2,765,065 | €3,140,440 | +€375,375 | +13.6% |
| Contributions | 10/11 | €696,621 | €696,621 | = | 0.0% |
| Capital | 10 | €696,621 | €696,621 | = | 0.0% |
| Issued capital | 100 | €696,621 | €696,621 | = | 0.0% |
| Reserves | 13 | €2,068,444 | €2,443,819 | +€375,375 | +18.1% |
| Non-distributable reserves | 130/1 | €69,662 | €69,662 | = | 0.0% |
| Legal reserve | 130 | €69,662 | €69,662 | = | 0.0% |
| Distributable reserves | 133 | €1,998,782 | €2,374,157 | +€375,375 | +18.8% |
| Amounts payable | 17/49 | €444,320 | €316,749 | -€127,571 | -28.7% |
| Amounts payable within one year | 42/48 | €444,320 | €316,749 | -€127,571 | -28.7% |
| Trade debts | 44 | €370,965 | €250,841 | -€120,124 | -32.4% |
| Suppliers | 440/4 | €370,965 | €250,841 | -€120,124 | -32.4% |
| Taxes, remuneration and social security | 45 | €73,355 | €65,908 | -€7,447 | -10.2% |
| Taxes | 450/3 | €27,343 | €24,627 | -€2,716 | -9.9% |
| Remuneration and social security | 454/9 | €46,012 | €41,281 | -€4,731 | -10.3% |
| Non-recurring operating income | 76A | €40,000 | - | -€40,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €5,313,364 | +€5.3m | |
| Remuneration, social security and pensions | 62 | €690,384 | €615,763 | -€74,620 | -10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €206,543 | €191,674 | -€14,870 | -7.2% |
| Other operating charges | 640/8 | €164,071 | €171,418 | +€7,347 | +4.5% |
| Non-recurring operating charges | 66A | - | €372 | +€372 | |
| Gross operating margin | 9900 | €1,719,255 | €1,491,087 | -€228,169 | -13.3% |
| Operating profit (loss) | 9901 | €658,257 | €511,860 | -€146,397 | -22.2% |
| Financial income | 75/76B | €5 | €23 | +€18 | +378.8% |
| Recurring financial income | 75 | €5 | €23 | +€18 | +378.8% |
| Financial charges | 65/66B | €1,427 | €1,507 | +€81 | +5.7% |
| Recurring financial charges | 65 | €1,427 | €1,507 | +€81 | +5.7% |
| Profit (loss) for the period before taxes | 9903 | €656,835 | €510,375 | -€146,460 | -22.3% |
| Income taxes | 67/77 | €168,006 | €135,000 | -€33,006 | -19.6% |
| Profit (loss) for the period | 9904 | €488,829 | €375,375 | -€113,454 | -23.2% |
| Profit (loss) for the period to be appropriated | 9905 | €488,829 | €375,375 | -€113,454 | -23.2% |
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 8 October 2026 via checked.be.