Fiebelle: 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.
Fiebelle
Largest movements
- Deferred charges and accrued income +€82,147
up €82,147 (+2,749%), from €2,988 to €85,135
- Tangible fixed assets -€36,699
down €36,699 (-6.7%), from €548,389 to €511,690
of which Furniture and vehicles: -€34,521
- Receivables within one year -€33,618
down €33,618 (-13.6%), from €246,748 to €213,130
of which Trade receivables: -€48,724
- Cash -€12,628
down €12,628 (-49.4%), from €25,538 to €12,910
mainly Deferred charges and accrued income (-€82,147) and Debts after one year (-€50,506)
- Reserves +€75,085
up €75,085 (+17.9%), from €418,806 to €493,891
- Debts after one year -€50,506
down €50,506 (-18.4%), from €273,759 to €223,252
- Advances received -€24,200
down €24,200 (-100%), from €24,200 to €0
- Gross operating margin +€49,982
up €49,982 (+31.4%), from €159,300 to €209,283
- Taxes +€29,321
up €29,321 (+87.6%), from €33,469 to €62,790
- Depreciation +€13,580
up €13,580 (+39.8%), from €34,157 to €47,737
- Financial charges +€8,115
up €8,115 (+65.7%), from €12,356 to €20,471
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 | €823,663 | €822,864 | -€799 | -0.1% |
| Fixed assets | 21/28 | €548,389 | €511,690 | -€36,699 | -6.7% |
| Tangible fixed assets | 22/27 | €548,389 | €511,690 | -€36,699 | -6.7% |
| Land and buildings | 22 | €367,267 | €355,370 | -€11,897 | -3.2% |
| Plant, machinery and equipment | 23 | €631 | €349 | -€282 | -44.6% |
| Furniture and vehicles | 24 | €154,491 | €119,970 | -€34,521 | -22.3% |
| Other tangible fixed assets | 26 | €26,000 | €36,000 | +€10,000 | +38.5% |
| Current assets | 29/58 | €275,274 | €311,175 | +€35,900 | +13.0% |
| Amounts receivable within one year | 40/41 | €246,748 | €213,130 | -€33,618 | -13.6% |
| Trade receivables | 40 | €81,122 | €32,398 | -€48,724 | -60.1% |
| Other amounts receivable | 41 | €165,626 | €180,732 | +€15,106 | +9.1% |
| Cash at bank and in hand | 54/58 | €25,538 | €12,910 | -€12,628 | -49.4% |
| Deferred charges and accrued income | 490/1 | €2,988 | €85,135 | +€82,147 | +2,749% |
| Total equity and liabilities | 10/49 | €823,663 | €822,864 | -€799 | -0.1% |
| Equity | 10/15 | €431,797 | €506,883 | +€75,085 | +17.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €418,806 | €493,891 | +€75,085 | +17.9% |
| Distributable reserves | 133 | €418,806 | €493,891 | +€75,085 | +17.9% |
| Profit (loss) carried forward | 14 | €592 | €592 | = | 0.0% |
| Amounts payable | 17/49 | €391,866 | €315,982 | -€75,884 | -19.4% |
| Amounts payable after more than one year | 17 | €273,759 | €223,252 | -€50,506 | -18.4% |
| Financial debts | 170/4 | €273,759 | €223,252 | -€50,506 | -18.4% |
| Amounts payable within one year | 42/48 | €114,859 | €90,493 | -€24,366 | -21.2% |
| Current portion of amounts payable after more than one year | 42 | €49,817 | €51,516 | +€1,700 | +3.4% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €9,076 | €6,923 | -€2,154 | -23.7% |
| Suppliers | 440/4 | €9,076 | €6,923 | -€2,154 | -23.7% |
| Advances received on contracts in progress | 46 | €24,200 | €0 | -€24,200 | -100% |
| Taxes, remuneration and social security | 45 | €31,766 | €32,054 | +€288 | +0.9% |
| Taxes | 450/3 | €31,766 | €32,054 | +€288 | +0.9% |
| Accrued charges and deferred income | 492/3 | €3,247 | €2,236 | -€1,011 | -31.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,157 | €47,737 | +€13,580 | +39.8% |
| Other operating charges | 640/8 | €1,926 | €3,200 | +€1,274 | +66.2% |
| Gross operating margin | 9900 | €159,300 | €209,283 | +€49,982 | +31.4% |
| Operating profit (loss) | 9901 | €123,218 | €158,346 | +€35,128 | +28.5% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €12,356 | €20,471 | +€8,115 | +65.7% |
| Recurring financial charges | 65 | €12,356 | €20,471 | +€8,115 | +65.7% |
| Profit (loss) for the period before taxes | 9903 | €110,862 | €137,875 | +€27,013 | +24.4% |
| Income taxes | 67/77 | €33,469 | €62,790 | +€29,321 | +87.6% |
| Profit (loss) for the period | 9904 | €77,393 | €75,085 | -€2,308 | -3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €77,393 | €75,085 | -€2,308 | -3.0% |
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 18 October 2026 via checked.be.