THE FABRIK: 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.
THE FABRIK
Largest movements
- Cash -€20,289
down €20,289 (-66.6%), from €30,460 to €10,170
mainly Net result for the year (-€16,947) and Tax, wage and social debts (-€13,720)
- Receivables within one year +€5,231
up €5,231 (+9.7%), from €54,099 to €59,330
of which Trade receivables: +€7,574
- Profit (loss) carried forward -€16,947
down €16,947, from €4,576 to -€12,370
- Trade debts +€15,062
up €15,062 (+69.0%), from €21,827 to €36,889
- Tax, wage and social debts -€13,720
down €13,720 (-56.1%), from €24,454 to €10,734
of which Remuneration and social security: -€11,729
- Gross operating margin -€17,599
down €17,599 (-23.8%), from €73,811 to €56,212
- Staff costs -€5,616
down €5,616 (-7.4%), from €75,990 to €70,374
- Other operating charges +€1,300
up €1,300 (+276%), from €470 to €1,770
- Financial income -€1,180
down €1,180 (-95.7%), from €1,233 to €53
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 | €89,835 | €74,033 | -€15,802 | -17.6% |
| Fixed assets | 21/28 | €5,232 | €4,418 | -€813 | -15.5% |
| Intangible fixed assets | 21 | €3,798 | €3,356 | -€442 | -11.6% |
| Tangible fixed assets | 22/27 | €372 | €0 | -€372 | -100% |
| Furniture and vehicles | 24 | €372 | €0 | -€372 | -100% |
| Financial fixed assets | 28 | €1,062 | €1,062 | = | 0.0% |
| Current assets | 29/58 | €84,603 | €69,614 | -€14,988 | -17.7% |
| Amounts receivable within one year | 40/41 | €54,099 | €59,330 | +€5,231 | +9.7% |
| Trade receivables | 40 | €32,232 | €39,806 | +€7,574 | +23.5% |
| Other amounts receivable | 41 | €21,867 | €19,524 | -€2,343 | -10.7% |
| Cash at bank and in hand | 54/58 | €30,460 | €10,170 | -€20,289 | -66.6% |
| Deferred charges and accrued income | 490/1 | €44 | €114 | +€70 | +159% |
| Total equity and liabilities | 10/49 | €89,835 | €74,033 | -€15,802 | -17.6% |
| Equity | 10/15 | €42,636 | €25,690 | -€16,947 | -39.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €31,860 | €31,860 | = | 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% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,576 | -€12,370 | -€16,947 | |
| Amounts payable | 17/49 | €47,198 | €48,343 | +€1,145 | +2.4% |
| Amounts payable within one year | 42/48 | €47,198 | €48,343 | +€1,145 | +2.4% |
| Financial debts | 43 | €397 | €0 | -€397 | -100% |
| Credit institutions | 430/8 | €397 | €0 | -€397 | -100% |
| Trade debts | 44 | €21,827 | €36,889 | +€15,062 | +69.0% |
| Suppliers | 440/4 | €21,827 | €36,889 | +€15,062 | +69.0% |
| Taxes, remuneration and social security | 45 | €24,454 | €10,734 | -€13,720 | -56.1% |
| Taxes | 450/3 | €12,470 | €10,480 | -€1,990 | -16.0% |
| Remuneration and social security | 454/9 | €11,984 | €255 | -€11,729 | -97.9% |
| Other amounts payable | 47/48 | €520 | €720 | +€200 | +38.5% |
| Remuneration, social security and pensions | 62 | €75,990 | €70,374 | -€5,616 | -7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,070 | €813 | -€257 | -24.0% |
| Other operating charges | 640/8 | €470 | €1,770 | +€1,300 | +276% |
| Gross operating margin | 9900 | €73,811 | €56,212 | -€17,599 | -23.8% |
| Operating profit (loss) | 9901 | -€3,720 | -€16,746 | -€13,026 | -350% |
| Financial income | 75/76B | €1,233 | €53 | -€1,180 | -95.7% |
| Recurring financial income | 75 | €1,233 | €53 | -€1,180 | -95.7% |
| Financial charges | 65/66B | €300 | €254 | -€46 | -15.3% |
| Recurring financial charges | 65 | €300 | €254 | -€46 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,787 | -€16,947 | -€14,160 | -508% |
| Income taxes | 67/77 | €543 | €0 | -€543 | -100% |
| Profit (loss) for the period | 9904 | -€3,330 | -€16,947 | -€13,617 | -409% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,330 | -€16,947 | -€13,617 | -409% |
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 30 October 2026 via checked.be.