Fobet: 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.
Fobet
Largest movements
- Cash -€12,338
down €12,338 (-83.7%), from €14,735 to €2,398
mainly Net result for the year (-€16,339) and Receivables within one year (-€9,875)
- Receivables within one year +€9,875
up €9,875 (+266.4%), from €3,707 to €13,582
of which Other amounts receivable: +€8,532
- Financial fixed assets -€9,150
down €9,150 (-100.0%), from €9,150 to €0
- Stocks and contracts -€2,893
down €2,893 (-56.1%), from €5,157 to €2,264
- Deferred charges and accrued income +€1,058
up €1,058, from €0 to €1,058
- Profit (loss) carried forward -€16,339
new in 2025: -€16,339
- Other debts +€10,161
up €10,161 (+2329.8%), from €436 to €10,598
- Trade debts -€3,702
down €3,702 (-27.9%), from €13,276 to €9,574
- Tax, wage and social debts -€2,190
down €2,190 (-40.9%), from €5,354 to €3,164
of which Remuneration and social security: -€2,474
- Accrued charges and deferred income -€940
down €940 (-77.5%), from €1,214 to €274
- Gross operating margin -€25,107
down €25,107, from €23,653 to -€1,454
- Staff costs -€14,429
down €14,429 (-58.7%), from €24,579 to €10,150
- Other operating charges -€1,100
down €1,100 (-39.3%), from €2,802 to €1,702
- Depreciation -€484
down €484 (-20.1%), from €2,407 to €1,923
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 | €39,744 | €26,735 | -€13,009 | -32.7% |
| Fixed assets | 21/28 | €16,146 | €7,434 | -€8,712 | -54.0% |
| Tangible fixed assets | 22/27 | €6,996 | €7,434 | +€437 | +6.2% |
| Plant, machinery and equipment | 23 | €317 | €268 | -€49 | -15.4% |
| Furniture and vehicles | 24 | €1,612 | €562 | -€1,050 | -65.1% |
| Other tangible fixed assets | 26 | €5,068 | €6,604 | +€1,536 | +30.3% |
| Financial fixed assets | 28 | €9,150 | €0 | -€9,150 | -100.0% |
| Current assets | 29/58 | €23,599 | €19,302 | -€4,297 | -18.2% |
| Stocks and contracts in progress | 3 | €5,157 | €2,264 | -€2,893 | -56.1% |
| Stocks | 30/36 | €5,157 | €2,264 | -€2,893 | -56.1% |
| Amounts receivable within one year | 40/41 | €3,707 | €13,582 | +€9,875 | +266.4% |
| Trade receivables | 40 | €3,705 | €5,049 | +€1,343 | +36.3% |
| Other amounts receivable | 41 | €2 | €8,534 | +€8,532 | +554026.6% |
| Cash at bank and in hand | 54/58 | €14,735 | €2,398 | -€12,338 | -83.7% |
| Deferred charges and accrued income | 490/1 | €0 | €1,058 | +€1,058 | |
| Total equity and liabilities | 10/49 | €39,744 | €26,735 | -€13,009 | -32.7% |
| Equity | 10/15 | €19,464 | €3,126 | -€16,339 | -83.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €872 | €872 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €872 | €872 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€16,339 | -€16,339 | |
| Amounts payable | 17/49 | €20,280 | €23,609 | +€3,330 | +16.4% |
| Amounts payable within one year | 42/48 | €19,066 | €23,336 | +€4,270 | +22.4% |
| Trade debts | 44 | €13,276 | €9,574 | -€3,702 | -27.9% |
| Suppliers | 440/4 | €13,276 | €9,574 | -€3,702 | -27.9% |
| Taxes, remuneration and social security | 45 | €5,354 | €3,164 | -€2,190 | -40.9% |
| Taxes | 450/3 | €2,379 | €2,664 | +€285 | +12.0% |
| Remuneration and social security | 454/9 | €2,975 | €501 | -€2,474 | -83.2% |
| Other amounts payable | 47/48 | €436 | €10,598 | +€10,161 | +2329.8% |
| Accrued charges and deferred income | 492/3 | €1,214 | €274 | -€940 | -77.5% |
| Non-recurring operating income | 76A | - | €3,924 | +€3,924 | |
| Remuneration, social security and pensions | 62 | €24,579 | €10,150 | -€14,429 | -58.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,407 | €1,923 | -€484 | -20.1% |
| Other operating charges | 640/8 | €2,802 | €1,702 | -€1,100 | -39.3% |
| Non-recurring operating charges | 66A | €2,240 | €706 | -€1,534 | -68.5% |
| Gross operating margin | 9900 | €23,653 | -€1,454 | -€25,107 | |
| Operating profit (loss) | 9901 | -€8,375 | -€15,934 | -€7,559 | -90.3% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €158 | €264 | +€105 | +66.7% |
| Recurring financial charges | 65 | €158 | €264 | +€105 | +66.7% |
| Profit (loss) for the period before taxes | 9903 | -€8,533 | -€16,198 | -€7,665 | -89.8% |
| Income taxes | 67/77 | €144 | €141 | -€3 | -2.1% |
| Profit (loss) for the period | 9904 | -€8,677 | -€16,339 | -€7,662 | -88.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,677 | -€16,339 | -€7,662 | -88.3% |
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.