FOBATEC ENGINEERING: 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.
FOBATEC ENGINEERING
Largest movements
- Receivables within one year -€373,710
down €373,710 (-53.8%), from €693,987 to €320,277
of which Trade receivables: -€326,018
- Cash +€335,097
up €335,097 (+202%), from €166,037 to €501,135
mainly Receivables within one year (+€373,710) and Net result for the year (+€159,114)
- Tangible fixed assets -€62,112
down €62,112 (-11.8%), from €527,325 to €465,213
of which Land and buildings: -€45,532
- Stocks and contracts +€35,750
up €35,750 (+47.2%), from €75,750 to €111,500
- Trade debts -€74,928
down €74,928 (-41.9%), from €178,891 to €103,963
- Gross operating margin +€53,666
up €53,666 (+12.6%), from €424,456 to €478,122
- Taxes +€12,474
up €12,474 (+20.1%), from €62,124 to €74,598
- Staff costs +€11,050
up €11,050 (+7.9%), from €140,297 to €151,347
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 | €1,487,763 | €1,417,924 | -€69,839 | -4.7% |
| Fixed assets | 21/28 | €528,935 | €466,573 | -€62,362 | -11.8% |
| Tangible fixed assets | 22/27 | €527,325 | €465,213 | -€62,112 | -11.8% |
| Land and buildings | 22 | €459,897 | €414,365 | -€45,532 | -9.9% |
| Plant, machinery and equipment | 23 | €37,043 | €26,850 | -€10,193 | -27.5% |
| Furniture and vehicles | 24 | €30,384 | €23,998 | -€6,387 | -21.0% |
| Financial fixed assets | 28 | €1,610 | €1,360 | -€250 | -15.5% |
| Current assets | 29/58 | €958,828 | €951,352 | -€7,477 | -0.8% |
| Stocks and contracts in progress | 3 | €75,750 | €111,500 | +€35,750 | +47.2% |
| Stocks | 30/36 | €75,750 | €111,500 | +€35,750 | +47.2% |
| Amounts receivable within one year | 40/41 | €693,987 | €320,277 | -€373,710 | -53.8% |
| Trade receivables | 40 | €620,515 | €294,498 | -€326,018 | -52.5% |
| Other amounts receivable | 41 | €73,472 | €25,780 | -€47,692 | -64.9% |
| Cash at bank and in hand | 54/58 | €166,037 | €501,135 | +€335,097 | +202% |
| Deferred charges and accrued income | 490/1 | €23,054 | €18,440 | -€4,614 | -20.0% |
| Total equity and liabilities | 10/49 | €1,487,763 | €1,417,924 | -€69,839 | -4.7% |
| Equity | 10/15 | €1,280,299 | €1,282,062 | +€1,764 | +0.1% |
| Contributions | 10/11 | €401,980 | €401,980 | = | 0.0% |
| Reserves | 13 | €698,447 | €700,210 | +€1,764 | +0.3% |
| Distributable reserves | 133 | €698,447 | €700,210 | +€1,764 | +0.3% |
| Profit (loss) carried forward | 14 | €179,872 | €179,872 | = | 0.0% |
| Amounts payable | 17/49 | €207,465 | €135,862 | -€71,603 | -34.5% |
| Amounts payable within one year | 42/48 | €207,449 | €135,862 | -€71,587 | -34.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €178,891 | €103,963 | -€74,928 | -41.9% |
| Suppliers | 440/4 | €178,891 | €103,963 | -€74,928 | -41.9% |
| Taxes, remuneration and social security | 45 | €27,208 | €30,548 | +€3,341 | +12.3% |
| Taxes | 450/3 | €14,811 | €20,020 | +€5,209 | +35.2% |
| Remuneration and social security | 454/9 | €12,397 | €10,528 | -€1,869 | -15.1% |
| Other amounts payable | 47/48 | €1,350 | €1,350 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €16 | €0 | -€16 | -100% |
| Remuneration, social security and pensions | 62 | €140,297 | €151,347 | +€11,050 | +7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,504 | €74,869 | -€635 | -0.8% |
| Other operating charges | 640/8 | €13,050 | €14,968 | +€1,917 | +14.7% |
| Gross operating margin | 9900 | €424,456 | €478,122 | +€53,666 | +12.6% |
| Operating profit (loss) | 9901 | €195,605 | €236,938 | +€41,333 | +21.1% |
| Financial income | 75/76B | €3,299 | €255 | -€3,044 | -92.3% |
| Recurring financial income | 75 | €3,299 | €255 | -€3,044 | -92.3% |
| Financial charges | 65/66B | €2,158 | €3,482 | +€1,323 | +61.3% |
| Recurring financial charges | 65 | €2,158 | €3,482 | +€1,323 | +61.3% |
| Profit (loss) for the period before taxes | 9903 | €196,745 | €233,711 | +€36,966 | +18.8% |
| Income taxes | 67/77 | €62,124 | €74,598 | +€12,474 | +20.1% |
| Profit (loss) for the period | 9904 | €134,621 | €159,114 | +€24,493 | +18.2% |
| Profit (loss) for the period to be appropriated | 9905 | €134,621 | €159,114 | +€24,493 | +18.2% |
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 16 October 2026 via checked.be.