La Fabrique 24: what changed
La Fabrique 24
Largest movements
- Cash -€11,773
down €11,773 (-24.1%), from €48,764 to €36,991
mainly Investment in fixed assets (net) (-€20,371) and Tax, wage and social debts (-€9,189)
- Tangible fixed assets +€9,775
up €9,775 (+48.6%), from €20,117 to €29,892
of which Furniture and vehicles: +€12,724
- Receivables within one year -€2,787
down €2,787 (-13.5%), from €20,635 to €17,848
of which Trade receivables: -€3,742
- Stocks and contracts +€2,295
new in 2025: €2,295
- Tax, wage and social debts -€9,189
down €9,189 (-76.6%), from €11,989 to €2,801
of which Taxes: -€5,082
- Profit (loss) carried forward +€5,427
up €5,427 (+14.3%), from €37,833 to €43,260
- Accrued charges and deferred income +€1,263
up €1,263 (+90.1%), from €1,402 to €2,665
- Gross operating margin -€9,756
down €9,756 (-31.0%), from €31,436 to €21,680
- Taxes -€1,989
down €1,989 (-47.5%), from €4,187 to €2,199
- Other operating charges -€627
down €627 (-50.3%), from €1,246 to €619
- Depreciation -€612
down €612 (-5.5%), from €11,208 to €10,597
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €91,035 | €88,921 | -€2,114 | -2.3% |
| Fixed assets | 21/28 | €20,117 | €29,892 | +€9,775 | +48.6% |
| Tangible fixed assets | 22/27 | €20,117 | €29,892 | +€9,775 | +48.6% |
| Plant, machinery and equipment | 23 | €2,480 | €1,403 | -€1,076 | -43.4% |
| Furniture and vehicles | 24 | €10,399 | €23,122 | +€12,724 | +122% |
| Other tangible fixed assets | 26 | €7,238 | €5,366 | -€1,872 | -25.9% |
| Current assets | 29/58 | €70,918 | €59,029 | -€11,889 | -16.8% |
| Stocks and contracts in progress | 3 | - | €2,295 | +€2,295 | |
| Stocks | 30/36 | - | €2,295 | +€2,295 | |
| Amounts receivable within one year | 40/41 | €20,635 | €17,848 | -€2,787 | -13.5% |
| Trade receivables | 40 | €19,789 | €16,046 | -€3,742 | -18.9% |
| Other amounts receivable | 41 | €846 | €1,801 | +€955 | +113% |
| Cash at bank and in hand | 54/58 | €48,764 | €36,991 | -€11,773 | -24.1% |
| Deferred charges and accrued income | 490/1 | €1,519 | €1,896 | +€377 | +24.8% |
| Total equity and liabilities | 10/49 | €91,035 | €88,921 | -€2,114 | -2.3% |
| Equity | 10/15 | €45,893 | €51,320 | +€5,427 | +11.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,833 | €43,260 | +€5,427 | +14.3% |
| Amounts payable | 17/49 | €45,141 | €37,601 | -€7,541 | -16.7% |
| Amounts payable within one year | 42/48 | €43,740 | €34,936 | -€8,804 | -20.1% |
| Trade debts | 44 | €14,266 | €14,651 | +€385 | +2.7% |
| Suppliers | 440/4 | €14,266 | €14,651 | +€385 | +2.7% |
| Taxes, remuneration and social security | 45 | €11,989 | €2,801 | -€9,189 | -76.6% |
| Taxes | 450/3 | €7,483 | €2,401 | -€5,082 | -67.9% |
| Remuneration and social security | 454/9 | €4,507 | €400 | -€4,107 | -91.1% |
| Other amounts payable | 47/48 | €17,485 | €17,485 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,402 | €2,665 | +€1,263 | +90.1% |
| Non-recurring operating income | 76A | - | €4,715 | +€4,715 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,208 | €10,597 | -€612 | -5.5% |
| Other operating charges | 640/8 | €1,246 | €619 | -€627 | -50.3% |
| Non-recurring operating charges | 66A | - | €1,300 | +€1,300 | |
| Gross operating margin | 9900 | €31,436 | €21,680 | -€9,756 | -31.0% |
| Operating profit (loss) | 9901 | €18,981 | €9,164 | -€9,817 | -51.7% |
| Financial charges | 65/66B | €1,636 | €1,538 | -€98 | -6.0% |
| Recurring financial charges | 65 | €1,636 | €1,538 | -€98 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €17,345 | €7,625 | -€9,719 | -56.0% |
| Income taxes | 67/77 | €4,187 | €2,199 | -€1,989 | -47.5% |
| Profit (loss) for the period | 9904 | €13,158 | €5,427 | -€7,731 | -58.8% |
| Profit (loss) for the period to be appropriated | 9905 | €13,158 | €5,427 | -€7,731 | -58.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.