FIEBRA: 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.
FIEBRA
Largest movements
- Tangible fixed assets -€6,528
down €6,528 (-10.6%), from €61,619 to €55,091
- Cash -€3,002
down €3,002 (-34.6%), from €8,678 to €5,676
mainly Other debts (-€10,500) and Receivables within one year (-€952)
- Other debts -€10,500
down €10,500 (-100.0%), from €10,500 to €0
- Reserves +€1,997
up €1,997 (+7.9%), from €25,420 to €27,417
of which Distributable reserves: +€1,997
- Other operating income -€31,961
no longer reported in 2025 (was €31,961)
- Gross operating margin +€15,913
new in 2025: €15,913
- Services and other goods -€12,713
no longer reported in 2025 (was €12,713)
- Taxes -€967
down €967 (-59.2%), from €1,633 to €666
- Financial charges +€278
up €278 (+185.4%), from €150 to €428
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 | €111,046 | €102,468 | -€8,578 | -7.7% |
| Fixed assets | 21/28 | €61,619 | €55,091 | -€6,528 | -10.6% |
| Tangible fixed assets | 22/27 | €61,619 | €55,091 | -€6,528 | -10.6% |
| Land and buildings | 22 | €61,619 | €55,091 | -€6,528 | -10.6% |
| Current assets | 29/58 | €49,427 | €47,377 | -€2,049 | -4.1% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €40,749 | €41,701 | +€952 | +2.3% |
| Other amounts receivable | 41 | €40,749 | €41,701 | +€952 | +2.3% |
| Cash at bank and in hand | 54/58 | €8,678 | €5,676 | -€3,002 | -34.6% |
| Total equity and liabilities | 10/49 | €111,046 | €102,468 | -€8,578 | -7.7% |
| Equity | 10/15 | €100,420 | €102,417 | +€1,997 | +2.0% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €25,420 | €27,417 | +€1,997 | +7.9% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €17,920 | €19,917 | +€1,997 | +11.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €10,626 | €51 | -€10,575 | -99.5% |
| Amounts payable within one year | 42/48 | €10,626 | €51 | -€10,575 | -99.5% |
| Trade debts | 44 | €126 | €51 | -€75 | -59.7% |
| Suppliers | 440/4 | €126 | €51 | -€75 | -59.7% |
| Other amounts payable | 47/48 | €10,500 | €0 | -€10,500 | -100.0% |
| Operating income | 70/76A | €31,961 | - | -€31,961 | |
| Other operating income | 74 | €31,961 | - | -€31,961 | |
| Operating charges | 60/66A | €25,279 | - | -€25,279 | |
| Services and other goods | 61 | €12,713 | - | -€12,713 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,463 | €6,528 | +€65 | +1.0% |
| Other operating charges | 640/8 | €6,103 | €6,293 | +€190 | +3.1% |
| Gross operating margin | 9900 | - | €15,913 | +€15,913 | |
| Operating profit (loss) | 9901 | €6,682 | €3,091 | -€3,591 | -53.7% |
| Financial charges | 65/66B | €150 | €428 | +€278 | +185.4% |
| Recurring financial charges | 65 | €150 | €428 | +€278 | +185.4% |
| Other financial charges | 652/9 | €150 | - | -€150 | |
| Profit (loss) for the period before taxes | 9903 | €6,532 | €2,663 | -€3,869 | -59.2% |
| Income taxes | 67/77 | €1,633 | €666 | -€967 | -59.2% |
| Taxes | 670/3 | €1,633 | - | -€1,633 | |
| Profit (loss) for the period | 9904 | €4,899 | €1,997 | -€2,901 | -59.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,899 | €1,997 | -€2,901 | -59.2% |
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 3 October 2026 via checked.be.