FCH INVEST: what changed
What changed
FCH INVEST
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€991,393
2024 · -€2,126+€993,519
Equity
€7.0m
2024 · €6.1m+€991,393
Cash
€459,277
2024 · €200,964+€258,313
Balance sheet total
€7.6m
2024 · €6.3m+€1.3m
Largest movements
Assets
- Financial fixed assets +€863,197
up €863,197 (+14.3%), from €6.1m to €6.9m
- Cash +€258,313
up €258,313 (+129%), from €200,964 to €459,277
mainly Net result for the year (+€991,393) and Debts after one year (+€296,370)
- Receivables within one year +€197,688
up €197,688 (+9,206%), from €2,147 to €199,836
Equity and liabilities
- Reserves +€989,267
new in 2025: €989,267
- Debts after one year +€296,370
new in 2025: €296,370
Income statement
- Financial income +€997,853
up €997,853 (+46,466%), from €2,147 to €1.0m
- Other operating charges +€18,089
new in 2025: €18,089
- Gross operating margin +€15,419
up €15,419, from -€2,819 to €12,600
- Financial charges +€1,353
up €1,353 (+3,732%), from €36 to €1,389
- Depreciation +€311
up €311 (+21.9%), from €1,418 to €1,729
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.
Result 2024
-€2,126
Gross operating margin
+€15,419
Depreciation
-€311
Other operating charges
-€18,089
Financial income
+€997,853
Financial charges
-€1,353
Result 2025
€991,393
raises the resultlowers the result
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.
From operations
+€789,390
Investment
-€870,427
Financing
+€339,350
Cash 2024
€200,964
From operations (derived)
+€789,390
Net result for the year
+€991,393
Depreciation
+€1,729
Receivables within one year
-€197,688
Smaller working-capital items
+€141
Tax, wage and social debts
+€3,150
Other debts
-€9,335
Investment (derived)
-€870,427
Investment in fixed assets (net)
-€863,197
Current investments
-€7,230
Financing
+€339,350
Debts after one year
+€296,370
Current portion of long-term debt
+€42,980
Cash 2025
€459,277
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,262,338 | €7,587,037 | +€1.3m | +21.2% |
| Formation expenses | 20 | €7,227 | €5,498 | -€1,729 | -23.9% |
| Fixed assets | 21/28 | €6,052,000 | €6,915,197 | +€863,197 | +14.3% |
| Financial fixed assets | 28 | €6,052,000 | €6,915,197 | +€863,197 | +14.3% |
| Current assets | 29/58 | €203,111 | €666,342 | +€463,231 | +228% |
| Amounts receivable within one year | 40/41 | €2,147 | €199,836 | +€197,688 | +9,206% |
| Other amounts receivable | 41 | €2,147 | €199,836 | +€197,688 | +9,206% |
| Current investments | 50/53 | - | €7,230 | +€7,230 | |
| Cash at bank and in hand | 54/58 | €200,964 | €459,277 | +€258,313 | +129% |
| Total equity and liabilities | 10/49 | €6,262,338 | €7,587,037 | +€1.3m | +21.2% |
| Equity | 10/15 | €6,050,874 | €7,042,267 | +€991,393 | +16.4% |
| Contributions | 10/11 | €6,053,000 | €6,053,000 | = | 0.0% |
| Reserves | 13 | - | €989,267 | +€989,267 | |
| Distributable reserves | 133 | - | €989,267 | +€989,267 | |
| Profit (loss) carried forward | 14 | -€2,126 | - | +€2,126 | |
| Amounts payable | 17/49 | €211,464 | €544,770 | +€333,306 | +158% |
| Amounts payable after more than one year | 17 | - | €296,370 | +€296,370 | |
| Financial debts | 170/4 | - | €296,370 | +€296,370 | |
| Amounts payable within one year | 42/48 | €209,138 | €246,461 | +€37,322 | +17.8% |
| Current portion of amounts payable after more than one year | 42 | - | €42,980 | +€42,980 | |
| Trade debts | 44 | - | €528 | +€528 | |
| Suppliers | 440/4 | - | €528 | +€528 | |
| Taxes, remuneration and social security | 45 | - | €3,150 | +€3,150 | |
| Taxes | 450/3 | - | €3,150 | +€3,150 | |
| Other amounts payable | 47/48 | €209,138 | €199,803 | -€9,335 | -4.5% |
| Accrued charges and deferred income | 492/3 | €2,326 | €1,939 | -€387 | -16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,418 | €1,729 | +€311 | +21.9% |
| Other operating charges | 640/8 | - | €18,089 | +€18,089 | |
| Gross operating margin | 9900 | -€2,819 | €12,600 | +€15,419 | |
| Operating profit (loss) | 9901 | -€4,237 | -€7,218 | -€2,981 | -70.3% |
| Financial income | 75/76B | €2,147 | €1,000,000 | +€997,853 | +46,466% |
| Recurring financial income | 75 | €2,147 | €1,000,000 | +€997,853 | +46,466% |
| Financial charges | 65/66B | €36 | €1,389 | +€1,353 | +3,732% |
| Recurring financial charges | 65 | €36 | €1,389 | +€1,353 | +3,732% |
| Profit (loss) for the period before taxes | 9903 | -€2,126 | €991,393 | +€993,519 | |
| Profit (loss) for the period | 9904 | -€2,126 | €991,393 | +€993,519 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,126 | €991,393 | +€993,519 |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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 4 November 2026 via checked.be.