LA FABRIQUE: 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 FABRIQUE
Largest movements
- Receivables within one year -€26,327
down €26,327 (-26.3%), from €99,942 to €73,615
of which Trade receivables: -€51,093
- Tangible fixed assets -€15,628
down €15,628 (-29.7%), from €52,670 to €37,042
of which Land and buildings: -€9,135
- Cash +€8,449
up €8,449 (+20.0%), from €42,180 to €50,629
mainly Receivables within one year (+€26,327) and Net result for the year (+€17,263)
- Stocks and contracts -€5,788
no longer reported in 2025 (was €5,788)
- Advances received -€43,819
no longer reported in 2025 (was €43,819)
- Profit (loss) carried forward +€17,263
up €17,263 (+16.9%), from €102,031 to €119,294
- Trade debts -€6,645
down €6,645 (-42.6%), from €15,594 to €8,950
- Tax, wage and social debts -€3,559
down €3,559 (-41.7%), from €8,537 to €4,978
of which Remuneration and social security: -€3,428
- Gross operating margin +€20,846
up €20,846 (+19.5%), from €106,830 to €127,676
- Staff costs +€5,049
up €5,049 (+6.3%), from €80,316 to €85,365
- Depreciation -€2,472
down €2,472 (-12.6%), from €19,618 to €17,146
- Financial income -€1,641
down €1,641 (-100.0%), from €1,641 to €0
of which Non-recurring financial income: -€1,641
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 | €200,813 | €163,382 | -€37,432 | -18.6% |
| Fixed assets | 21/28 | €52,903 | €37,275 | -€15,628 | -29.5% |
| Tangible fixed assets | 22/27 | €52,670 | €37,042 | -€15,628 | -29.7% |
| Land and buildings | 22 | €24,748 | €15,613 | -€9,135 | -36.9% |
| Plant, machinery and equipment | 23 | €2,977 | €1,605 | -€1,371 | -46.1% |
| Furniture and vehicles | 24 | €24,946 | €19,823 | -€5,122 | -20.5% |
| Financial fixed assets | 28 | €233 | €233 | = | 0.0% |
| Current assets | 29/58 | €147,910 | €126,107 | -€21,803 | -14.7% |
| Stocks and contracts in progress | 3 | €5,788 | - | -€5,788 | |
| Stocks | 30/36 | €5,788 | - | -€5,788 | |
| Amounts receivable within one year | 40/41 | €99,942 | €73,615 | -€26,327 | -26.3% |
| Trade receivables | 40 | €54,884 | €3,790 | -€51,093 | -93.1% |
| Other amounts receivable | 41 | €45,059 | €69,825 | +€24,766 | +55.0% |
| Cash at bank and in hand | 54/58 | €42,180 | €50,629 | +€8,449 | +20.0% |
| Deferred charges and accrued income | 490/1 | - | €1,863 | +€1,863 | |
| Total equity and liabilities | 10/49 | €200,813 | €163,382 | -€37,432 | -18.6% |
| Equity | 10/15 | €132,191 | €149,454 | +€17,263 | +13.1% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €9,700 | €9,700 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,700 | €9,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €102,031 | €119,294 | +€17,263 | +16.9% |
| Amounts payable | 17/49 | €68,622 | €13,928 | -€54,695 | -79.7% |
| Amounts payable within one year | 42/48 | €68,622 | €13,928 | -€54,695 | -79.7% |
| Trade debts | 44 | €15,594 | €8,950 | -€6,645 | -42.6% |
| Suppliers | 440/4 | €15,594 | €8,950 | -€6,645 | -42.6% |
| Advances received on contracts in progress | 46 | €43,819 | - | -€43,819 | |
| Taxes, remuneration and social security | 45 | €8,537 | €4,978 | -€3,559 | -41.7% |
| Taxes | 450/3 | €262 | €132 | -€130 | -49.7% |
| Remuneration and social security | 454/9 | €8,274 | €4,846 | -€3,428 | -41.4% |
| Other amounts payable | 47/48 | €673 | - | -€673 | |
| Non-recurring operating income | 76A | - | €4,744 | +€4,744 | |
| Remuneration, social security and pensions | 62 | €80,316 | €85,365 | +€5,049 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,618 | €17,146 | -€2,472 | -12.6% |
| Other operating charges | 640/8 | €5,725 | €5,360 | -€365 | -6.4% |
| Gross operating margin | 9900 | €106,830 | €127,676 | +€20,846 | +19.5% |
| Operating profit (loss) | 9901 | €1,172 | €19,805 | +€18,633 | +1,590% |
| Financial income | 75/76B | €1,641 | €0 | -€1,641 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -83.3% |
| Non-recurring financial income | 76B | €1,641 | - | -€1,641 | |
| Financial charges | 65/66B | €2,463 | €2,542 | +€79 | +3.2% |
| Recurring financial charges | 65 | €2,463 | €2,542 | +€79 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | €350 | €17,263 | +€16,913 | +4,833% |
| Profit (loss) for the period | 9904 | €350 | €17,263 | +€16,913 | +4,833% |
| Profit (loss) for the period to be appropriated | 9905 | €350 | €17,263 | +€16,913 | +4,833% |
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 18 October 2026 via checked.be.