FIBRE: what changed
FIBRE
Largest movements
- Receivables within one year +€291,547
up €291,547 (+333%), from €87,466 to €379,013
of which Other amounts receivable: +€283,026
- Cash -€117,658
down €117,658 (-83.3%), from €141,287 to €23,629
mainly Contributions, distributions and other (-€378,009) and Receivables within one year (-€291,547)
- Current investments -€109,795
down €109,795 (-99.7%), from €110,139 to €344
- Tangible fixed assets -€61,037
down €61,037 (-23.7%), from €257,220 to €196,183
of which Furniture and vehicles: -€42,691
- Intangible fixed assets -€29,072
down €29,072 (-33.3%), from €87,215 to €58,143
- Reserves -€352,398
down €352,398 (-77.9%), from €452,398 to €100,000
- Other debts +€328,176
up €328,176 (+659%), from €49,833 to €378,009
- Profit (loss) carried forward +€43,047
no longer reported in 2025 (was -€43,047)
- Debts after one year -€33,780
down €33,780 (-27.9%), from €121,168 to €87,388
- Tax, wage and social debts -€22,313
down €22,313 (-38.0%), from €58,765 to €36,453
of which Remuneration and social security: -€19,682
- Financial charges -€102,737
down €102,737 (-94.7%), from €108,455 to €5,718
- Financial income -€79,467
down €79,467 (-82.6%), from €96,224 to €16,757
- Staff costs -€75,983
down €75,983 (-34.2%), from €222,263 to €146,280
- Gross operating margin +€4,393
up €4,393 (+1.5%), from €302,534 to €306,927
- Depreciation -€4,337
down €4,337 (-4.7%), from €92,949 to €88,611
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €693,225 | €664,858 | -€28,367 | -4.1% |
| Fixed assets | 21/28 | €344,435 | €254,326 | -€90,109 | -26.2% |
| Intangible fixed assets | 21 | €87,215 | €58,143 | -€29,072 | -33.3% |
| Tangible fixed assets | 22/27 | €257,220 | €196,183 | -€61,037 | -23.7% |
| Land and buildings | 22 | €52,031 | €37,413 | -€14,618 | -28.1% |
| Plant, machinery and equipment | 23 | €3,468 | €2,789 | -€679 | -19.6% |
| Furniture and vehicles | 24 | €178,735 | €136,044 | -€42,691 | -23.9% |
| Other tangible fixed assets | 26 | €22,986 | €19,937 | -€3,049 | -13.3% |
| Current assets | 29/58 | €348,790 | €410,532 | +€61,741 | +17.7% |
| Amounts receivable within one year | 40/41 | €87,466 | €379,013 | +€291,547 | +333% |
| Trade receivables | 40 | €42,445 | €50,966 | +€8,522 | +20.1% |
| Other amounts receivable | 41 | €45,021 | €328,047 | +€283,026 | +629% |
| Current investments | 50/53 | €110,139 | €344 | -€109,795 | -99.7% |
| Cash at bank and in hand | 54/58 | €141,287 | €23,629 | -€117,658 | -83.3% |
| Deferred charges and accrued income | 490/1 | €9,898 | €7,545 | -€2,353 | -23.8% |
| Total equity and liabilities | 10/49 | €693,225 | €664,858 | -€28,367 | -4.1% |
| Equity | 10/15 | €427,901 | €118,550 | -€309,351 | -72.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €452,398 | €100,000 | -€352,398 | -77.9% |
| Distributable reserves | 133 | €452,398 | €100,000 | -€352,398 | -77.9% |
| Profit (loss) carried forward | 14 | -€43,047 | - | +€43,047 | |
| Amounts payable | 17/49 | €265,324 | €546,308 | +€280,984 | +106% |
| Amounts payable after more than one year | 17 | €121,168 | €87,388 | -€33,780 | -27.9% |
| Financial debts | 170/4 | €121,168 | €87,388 | -€33,780 | -27.9% |
| Amounts payable within one year | 42/48 | €143,851 | €458,609 | +€314,757 | +219% |
| Current portion of amounts payable after more than one year | 42 | €32,466 | €33,780 | +€1,314 | +4.0% |
| Trade debts | 44 | €2,787 | €10,367 | +€7,580 | +272% |
| Suppliers | 440/4 | €2,787 | €10,367 | +€7,580 | +272% |
| Taxes, remuneration and social security | 45 | €58,765 | €36,453 | -€22,313 | -38.0% |
| Taxes | 450/3 | €12,826 | €10,196 | -€2,631 | -20.5% |
| Remuneration and social security | 454/9 | €45,939 | €26,257 | -€19,682 | -42.8% |
| Other amounts payable | 47/48 | €49,833 | €378,009 | +€328,176 | +659% |
| Accrued charges and deferred income | 492/3 | €305 | €312 | +€6 | +2.0% |
| Remuneration, social security and pensions | 62 | €222,263 | €146,280 | -€75,983 | -34.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,949 | €88,611 | -€4,337 | -4.7% |
| Other operating charges | 640/8 | €14,873 | €11,651 | -€3,222 | -21.7% |
| Gross operating margin | 9900 | €302,534 | €306,927 | +€4,393 | +1.5% |
| Operating profit (loss) | 9901 | -€27,550 | €60,384 | +€87,935 | |
| Financial income | 75/76B | €96,224 | €16,757 | -€79,467 | -82.6% |
| Recurring financial income | 75 | €96,224 | €16,757 | -€79,467 | -82.6% |
| Financial charges | 65/66B | €108,455 | €5,718 | -€102,737 | -94.7% |
| Recurring financial charges | 65 | €108,455 | €5,718 | -€102,737 | -94.7% |
| Profit (loss) for the period before taxes | 9903 | -€39,781 | €71,423 | +€111,204 | |
| Income taxes | 67/77 | €3,266 | €2,765 | -€501 | -15.3% |
| Profit (loss) for the period | 9904 | -€43,047 | €68,658 | +€111,705 | |
| Profit (loss) for the period to be appropriated | 9905 | -€43,047 | €68,658 | +€111,705 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.