LA FABRIKA: 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.
LA FABRIKA
Largest movements
- Receivables within one year -€103,712
down €103,712 (-98.6%), from €105,154 to €1,442
of which Trade receivables: -€104,447
- Current investments +€80,012
up €80,012 (+1,586%), from €5,046 to €85,058
- Cash +€50,032
up €50,032 (+169%), from €29,616 to €79,647
mainly Receivables within one year (+€103,712) and Net result for the year (+€71,446)
- Stocks and contracts -€18,223
down €18,223 (-7.9%), from €229,342 to €211,118
- Intangible fixed assets -€12,326
down €12,326 (-52.0%), from €23,687 to €11,361
- Profit (loss) carried forward +€40,806
up €40,806 (+51.9%), from -€78,665 to -€37,860
- Other debts +€23,335
up €23,335 (+38.6%), from €60,389 to €83,723
- Debts after one year -€17,996
down €17,996 (-91.1%), from €19,745 to €1,749
- Advances received -€17,759
down €17,759 (-27.3%), from €65,008 to €47,249
- Trade debts -€15,783
down €15,783 (-22.1%), from €71,501 to €55,718
- Gross operating margin +€112,289
up €112,289 (+240%), from €46,824 to €159,113
- Staff costs -€32,971
down €32,971 (-40.7%), from €80,966 to €47,995
- Provisions +€8,793
no longer reported in 2025 (was -€8,793)
- Financial charges -€7,301
down €7,301 (-32.1%), from €22,773 to €15,472
- Financial income -€4,936
down €4,936 (-98.2%), from €5,026 to €90
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 | €453,115 | €442,374 | -€10,741 | -2.4% |
| Fixed assets | 21/28 | €76,235 | €54,583 | -€21,652 | -28.4% |
| Intangible fixed assets | 21 | €23,687 | €11,361 | -€12,326 | -52.0% |
| Tangible fixed assets | 22/27 | €48,644 | €39,319 | -€9,326 | -19.2% |
| Furniture and vehicles | 24 | €7,527 | €5,561 | -€1,965 | -26.1% |
| Other tangible fixed assets | 26 | €41,118 | €33,757 | -€7,360 | -17.9% |
| Financial fixed assets | 28 | €3,904 | €3,904 | = | 0.0% |
| Current assets | 29/58 | €376,880 | €387,791 | +€10,911 | +2.9% |
| Stocks and contracts in progress | 3 | €229,342 | €211,118 | -€18,223 | -7.9% |
| Stocks | 30/36 | €229,342 | €211,118 | -€18,223 | -7.9% |
| Amounts receivable within one year | 40/41 | €105,154 | €1,442 | -€103,712 | -98.6% |
| Trade receivables | 40 | €104,961 | €514 | -€104,447 | -99.5% |
| Other amounts receivable | 41 | €193 | €929 | +€736 | +381% |
| Current investments | 50/53 | €5,046 | €85,058 | +€80,012 | +1,586% |
| Cash at bank and in hand | 54/58 | €29,616 | €79,647 | +€50,032 | +169% |
| Deferred charges and accrued income | 490/1 | €7,723 | €10,524 | +€2,801 | +36.3% |
| Total equity and liabilities | 10/49 | €453,115 | €442,374 | -€10,741 | -2.4% |
| Equity | 10/15 | -€41,567 | -€761 | +€40,806 | +98.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €18,498 | €18,498 | = | 0.0% |
| Distributable reserves | 133 | €18,498 | €18,498 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€78,665 | -€37,860 | +€40,806 | +51.9% |
| Amounts payable | 17/49 | €494,682 | €443,135 | -€51,547 | -10.4% |
| Amounts payable after more than one year | 17 | €19,745 | €1,749 | -€17,996 | -91.1% |
| Financial debts | 170/4 | €19,745 | €1,749 | -€17,996 | -91.1% |
| Amounts payable within one year | 42/48 | €474,936 | €441,385 | -€33,551 | -7.1% |
| Current portion of amounts payable after more than one year | 42 | €28,156 | €17,996 | -€10,160 | -36.1% |
| Financial debts | 43 | €205,300 | €200,767 | -€4,533 | -2.2% |
| Credit institutions | 430/8 | €205,300 | €200,767 | -€4,533 | -2.2% |
| Trade debts | 44 | €71,501 | €55,718 | -€15,783 | -22.1% |
| Suppliers | 440/4 | €71,501 | €55,718 | -€15,783 | -22.1% |
| Advances received on contracts in progress | 46 | €65,008 | €47,249 | -€17,759 | -27.3% |
| Taxes, remuneration and social security | 45 | €44,583 | €35,932 | -€8,651 | -19.4% |
| Taxes | 450/3 | €35,778 | €25,966 | -€9,813 | -27.4% |
| Remuneration and social security | 454/9 | €8,804 | €9,966 | +€1,162 | +13.2% |
| Other amounts payable | 47/48 | €60,389 | €83,723 | +€23,335 | +38.6% |
| Remuneration, social security and pensions | 62 | €80,966 | €47,995 | -€32,971 | -40.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,174 | €22,957 | -€216 | -0.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€8,793 | - | +€8,793 | |
| Other operating charges | 640/8 | €1,091 | €1,191 | +€100 | +9.2% |
| Gross operating margin | 9900 | €46,824 | €159,113 | +€112,289 | +240% |
| Operating profit (loss) | 9901 | -€49,614 | €86,970 | +€136,584 | |
| Financial income | 75/76B | €5,026 | €90 | -€4,936 | -98.2% |
| Recurring financial income | 75 | €5,026 | €90 | -€4,936 | -98.2% |
| Financial charges | 65/66B | €22,773 | €15,472 | -€7,301 | -32.1% |
| Recurring financial charges | 65 | €22,773 | €15,472 | -€7,301 | -32.1% |
| Profit (loss) for the period before taxes | 9903 | -€67,362 | €71,587 | +€138,949 | |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | -€67,501 | €71,446 | +€138,947 | |
| Profit (loss) for the period to be appropriated | 9905 | -€67,501 | €71,446 | +€138,947 |
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 27 October 2026 via checked.be.