FIBREFORCE: 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.
FIBREFORCE
Largest movements
- Receivables within one year -€87,874
down €87,874 (-28.4%), from €309,568 to €221,694
of which Trade receivables: -€84,749
- Tangible fixed assets +€28,871
up €28,871 (+22.1%), from €130,819 to €159,690
of which Land and buildings: +€27,106
- Intangible fixed assets -€10,000
down €10,000 (-28.6%), from €35,000 to €25,000
- Trade debts -€72,741
down €72,741 (-32.9%), from €221,157 to €148,417
- Tax, wage and social debts +€17,143
up €17,143 (+33.0%), from €52,014 to €69,157
of which Taxes: +€21,930
- Current portion of long-term debt -€9,181
down €9,181 (-28.4%), from €32,330 to €23,148
- Gross operating margin -€147,530
down €147,530 (-28.1%), from €525,422 to €377,893
- Taxes -€33,773
down €33,773 (-83.7%), from €40,341 to €6,568
- Depreciation +€15,106
up €15,106 (+41.0%), from €36,836 to €51,943
- Other operating charges -€13,084
down €13,084 (-82.0%), from €15,949 to €2,866
- Staff costs -€9,625
down €9,625 (-3.0%), from €318,080 to €308,455
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.
Derived cash bridge
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 | €680,212 | €616,069 | -€64,143 | -9.4% |
| Fixed assets | 21/28 | €165,819 | €184,690 | +€18,871 | +11.4% |
| Intangible fixed assets | 21 | €35,000 | €25,000 | -€10,000 | -28.6% |
| Tangible fixed assets | 22/27 | €130,819 | €159,690 | +€28,871 | +22.1% |
| Land and buildings | 22 | €58,000 | €85,105 | +€27,106 | +46.7% |
| Plant, machinery and equipment | 23 | €65,206 | €60,598 | -€4,608 | -7.1% |
| Furniture and vehicles | 24 | €7,613 | €13,987 | +€6,374 | +83.7% |
| Current assets | 29/58 | €514,393 | €431,379 | -€83,014 | -16.1% |
| Stocks and contracts in progress | 3 | €140,267 | €136,969 | -€3,298 | -2.4% |
| Stocks | 30/36 | €140,267 | €136,969 | -€3,298 | -2.4% |
| Amounts receivable within one year | 40/41 | €309,568 | €221,694 | -€87,874 | -28.4% |
| Trade receivables | 40 | €209,770 | €125,020 | -€84,749 | -40.4% |
| Other amounts receivable | 41 | €99,798 | €96,674 | -€3,124 | -3.1% |
| Cash at bank and in hand | 54/58 | €56,360 | €62,282 | +€5,922 | +10.5% |
| Deferred charges and accrued income | 490/1 | €8,198 | €10,434 | +€2,236 | +27.3% |
| Total equity and liabilities | 10/49 | €680,212 | €616,069 | -€64,143 | -9.4% |
| Equity | 10/15 | €353,055 | €357,202 | +€4,147 | +1.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €256,475 | €260,622 | +€4,147 | +1.6% |
| Distributable reserves | 133 | €256,475 | €260,622 | +€4,147 | +1.6% |
| Profit (loss) carried forward | 14 | €77,979 | €77,979 | = | 0.0% |
| Amounts payable | 17/49 | €327,157 | €258,867 | -€68,290 | -20.9% |
| Amounts payable after more than one year | 17 | €20,657 | €18,146 | -€2,511 | -12.2% |
| Financial debts | 170/4 | €20,657 | €18,146 | -€2,511 | -12.2% |
| Amounts payable within one year | 42/48 | €306,500 | €240,722 | -€65,779 | -21.5% |
| Current portion of amounts payable after more than one year | 42 | €32,330 | €23,148 | -€9,181 | -28.4% |
| Trade debts | 44 | €221,157 | €148,417 | -€72,741 | -32.9% |
| Suppliers | 440/4 | €221,157 | €148,417 | -€72,741 | -32.9% |
| Taxes, remuneration and social security | 45 | €52,014 | €69,157 | +€17,143 | +33.0% |
| Taxes | 450/3 | €6,563 | €28,494 | +€21,930 | +334% |
| Remuneration and social security | 454/9 | €45,450 | €40,663 | -€4,787 | -10.5% |
| Other amounts payable | 47/48 | €1,000 | - | -€1,000 | |
| Non-recurring operating income | 76A | €176,852 | €27,793 | -€149,059 | -84.3% |
| Remuneration, social security and pensions | 62 | €318,080 | €308,455 | -€9,625 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,836 | €51,943 | +€15,106 | +41.0% |
| Other operating charges | 640/8 | €15,949 | €2,866 | -€13,084 | -82.0% |
| Non-recurring operating charges | 66A | €2,300 | €4,069 | +€1,769 | +76.9% |
| Gross operating margin | 9900 | €525,422 | €377,893 | -€147,530 | -28.1% |
| Operating profit (loss) | 9901 | €152,256 | €10,561 | -€141,696 | -93.1% |
| Financial income | 75/76B | €4,869 | €4,951 | +€82 | +1.7% |
| Recurring financial income | 75 | €4,869 | €4,951 | +€82 | +1.7% |
| Financial charges | 65/66B | €4,800 | €4,797 | -€3 | -0.1% |
| Recurring financial charges | 65 | €4,800 | €4,797 | -€3 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €152,326 | €10,715 | -€141,611 | -93.0% |
| Income taxes | 67/77 | €40,341 | €6,568 | -€33,773 | -83.7% |
| Profit (loss) for the period | 9904 | €111,985 | €4,147 | -€107,838 | -96.3% |
| Profit (loss) for the period to be appropriated | 9905 | €111,985 | €4,147 | -€107,838 | -96.3% |
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 14 October 2026 via checked.be.