Giovanni FABRO: 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.
Giovanni FABRO
Largest movements
- Cash +€48,129
up €48,129 (+42.4%), from €113,563 to €161,692
mainly Depreciation (+€26,329) and Net result for the year (+€22,427)
- Tangible fixed assets -€14,067
down €14,067 (-6.6%), from €214,016 to €199,949
of which Land and buildings: -€11,263
- Reserves +€20,000
up €20,000 (+1,075%), from €1,860 to €21,860
of which Distributable reserves: +€20,000
- Tax, wage and social debts +€8,500
up €8,500 (+425%), from €2,000 to €10,500
- Other debts +€3,684
up €3,684 (+31.8%), from €11,587 to €15,271
- Turnover -€9,107
down €9,107 (-8.8%), from €103,258 to €94,152
- Purchases and services -€6,031
down €6,031 (-14.2%), from €42,415 to €36,383
- Taxes +€3,180
up €3,180 (+43.4%), from €7,320 to €10,500
- Depreciation -€2,859
down €2,859 (-9.8%), from €29,188 to €26,329
- Write-downs -€1,708
down €1,708 (-38.8%), from €4,400 to €2,692
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 | €328,190 | €362,253 | +€34,062 | +10.4% |
| Fixed assets | 21/28 | €214,627 | €200,561 | -€14,067 | -6.6% |
| Tangible fixed assets | 22/27 | €214,016 | €199,949 | -€14,067 | -6.6% |
| Land and buildings | 22 | €159,640 | €148,377 | -€11,263 | -7.1% |
| Plant, machinery and equipment | 23 | €29,982 | €32,754 | +€2,773 | +9.2% |
| Furniture and vehicles | 24 | €24,394 | €18,818 | -€5,576 | -22.9% |
| Financial fixed assets | 28 | €611 | €611 | = | 0.0% |
| Current assets | 29/58 | €113,563 | €161,692 | +€48,129 | +42.4% |
| Cash at bank and in hand | 54/58 | €113,563 | €161,692 | +€48,129 | +42.4% |
| Total equity and liabilities | 10/49 | €328,190 | €362,253 | +€34,062 | +10.4% |
| Equity | 10/15 | €308,279 | €330,706 | +€22,427 | +7.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €21,860 | +€20,000 | +1,075% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €20,000 | +€20,000 | |
| Profit (loss) carried forward | 14 | €294,019 | €296,446 | +€2,427 | +0.8% |
| Amounts payable | 17/49 | €19,912 | €31,547 | +€11,635 | +58.4% |
| Amounts payable within one year | 42/48 | €19,912 | €31,547 | +€11,635 | +58.4% |
| Trade debts | 44 | €6,325 | €5,775 | -€549 | -8.7% |
| Suppliers | 440/4 | €6,325 | €5,775 | -€549 | -8.7% |
| Taxes, remuneration and social security | 45 | €2,000 | €10,500 | +€8,500 | +425% |
| Taxes | 450/3 | €2,000 | €10,500 | +€8,500 | +425% |
| Other amounts payable | 47/48 | €11,587 | €15,271 | +€3,684 | +31.8% |
| Turnover | 70 | €103,258 | €94,152 | -€9,107 | -8.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €42,415 | €36,383 | -€6,031 | -14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,188 | €26,329 | -€2,859 | -9.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,400 | €2,692 | -€1,708 | -38.8% |
| Gross operating margin | 9900 | €60,844 | €61,891 | +€1,047 | +1.7% |
| Operating profit (loss) | 9901 | €27,255 | €32,869 | +€5,614 | +20.6% |
| Financial income | 75/76B | €56 | €208 | +€152 | +274% |
| Recurring financial income | 75 | €56 | €208 | +€152 | +274% |
| Financial charges | 65/66B | €155 | €150 | -€5 | -3.4% |
| Recurring financial charges | 65 | €155 | €150 | -€5 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | €27,156 | €32,927 | +€5,772 | +21.3% |
| Income taxes | 67/77 | €7,320 | €10,500 | +€3,180 | +43.4% |
| Profit (loss) for the period | 9904 | €19,836 | €22,427 | +€2,592 | +13.1% |
| Profit (loss) for the period to be appropriated | 9905 | €19,836 | €22,427 | +€2,592 | +13.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.