FABAMA: 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.
FABAMA
Largest movements
- Cash +€186,048
up €186,048 (+234%), from €79,373 to €265,421
mainly Net result for the year (+€236,243) and Depreciation (+€1,443)
- Current investments +€51,014
up €51,014 (+5.0%), from €1.0m to €1.1m
- Reserves +€236,000
up €236,000 (+16.5%), from €1.4m to €1.7m
of which Distributable reserves: +€236,000
- Gross operating margin +€5,118
up €5,118 (+31.9%), from €16,026 to €21,144
- Depreciation +€868
up €868 (+151%), from €575 to €1,443
- Financial income +€407
up €407 (+0.2%), from €241,043 to €241,450
- Taxes +€393
up €393 (+1.7%), from €23,388 to €23,781
- Other operating charges +€339
up €339 (+53.1%), from €637 to €976
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 | €1,530,231 | €1,765,860 | +€235,630 | +15.4% |
| Fixed assets | 21/28 | €425,420 | €423,977 | -€1,443 | -0.3% |
| Tangible fixed assets | 22/27 | €3,753 | €2,310 | -€1,443 | -38.4% |
| Furniture and vehicles | 24 | €3,753 | €2,310 | -€1,443 | -38.4% |
| Financial fixed assets | 28 | €421,667 | €421,667 | = | 0.0% |
| Current assets | 29/58 | €1,104,810 | €1,341,883 | +€237,073 | +21.5% |
| Current investments | 50/53 | €1,024,909 | €1,075,923 | +€51,014 | +5.0% |
| Cash at bank and in hand | 54/58 | €79,373 | €265,421 | +€186,048 | +234% |
| Deferred charges and accrued income | 490/1 | €528 | €539 | +€11 | +2.0% |
| Total equity and liabilities | 10/49 | €1,530,231 | €1,765,860 | +€235,630 | +15.4% |
| Equity | 10/15 | €1,505,122 | €1,741,365 | +€236,243 | +15.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €1,428,500 | €1,664,500 | +€236,000 | +16.5% |
| Non-distributable reserves | 130/1 | €13,500 | €13,500 | = | 0.0% |
| Legal reserve | 130 | €13,500 | €13,500 | = | 0.0% |
| Distributable reserves | 133 | €1,415,000 | €1,651,000 | +€236,000 | +16.7% |
| Profit (loss) carried forward | 14 | €15,122 | €15,365 | +€243 | +1.6% |
| Amounts payable | 17/49 | €25,109 | €24,495 | -€613 | -2.4% |
| Amounts payable within one year | 42/48 | €25,109 | €24,495 | -€613 | -2.4% |
| Trade debts | 44 | €2,029 | €1,059 | -€970 | -47.8% |
| Suppliers | 440/4 | €2,029 | €1,059 | -€970 | -47.8% |
| Taxes, remuneration and social security | 45 | €23,075 | €23,346 | +€271 | +1.2% |
| Taxes | 450/3 | €23,075 | €23,346 | +€271 | +1.2% |
| Other amounts payable | 47/48 | €5 | €91 | +€86 | +1,829% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €575 | €1,443 | +€868 | +151% |
| Other operating charges | 640/8 | €637 | €976 | +€339 | +53.1% |
| Gross operating margin | 9900 | €16,026 | €21,144 | +€5,118 | +31.9% |
| Operating profit (loss) | 9901 | €14,813 | €18,725 | +€3,911 | +26.4% |
| Financial income | 75/76B | €241,043 | €241,450 | +€407 | +0.2% |
| Recurring financial income | 75 | €241,043 | €241,450 | +€407 | +0.2% |
| Financial charges | 65/66B | €135 | €150 | +€15 | +10.9% |
| Recurring financial charges | 65 | €135 | €150 | +€15 | +10.9% |
| Profit (loss) for the period before taxes | 9903 | €255,721 | €260,024 | +€4,303 | +1.7% |
| Income taxes | 67/77 | €23,388 | €23,781 | +€393 | +1.7% |
| Profit (loss) for the period | 9904 | €232,333 | €236,243 | +€3,910 | +1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €232,333 | €236,243 | +€3,910 | +1.7% |
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 31 October 2026 via checked.be.