FCO MEDIA: 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.
FCO MEDIA
Largest movements
- Receivables within one year -€58,366
down €58,366 (-15.3%), from €380,630 to €322,264
of which Trade receivables: -€65,578
- Financial fixed assets -€46,212
down €46,212 (-94.4%), from €48,952 to €2,740
- Intangible fixed assets -€36,451
down €36,451 (-21.6%), from €168,666 to €132,214
- Cash +€13,339
up €13,339 (+16.0%), from €83,144 to €96,483
mainly Depreciation (+€76,409) and Other debts (+€68,208)
- Debts after one year -€89,656
down €89,656 (-39.0%), from €229,656 to €140,000
- Other debts +€68,208
new in 2025: €68,208
- Advances received -€63,000
down €63,000 (-100%), from €63,000 to €0
- Profit (loss) carried forward -€50,320
down €50,320 (-32.3%), from €155,914 to €105,595
- Tax, wage and social debts +€12,712
up €12,712 (+13.5%), from €94,352 to €107,064
of which Taxes: +€11,412
- Staff costs +€45,698
up €45,698 (+9.6%), from €478,393 to €524,091
- Financial charges +€13,262
up €13,262 (+27.6%), from €48,053 to €61,316
of which Financial charges: +€12,050
- Taxes -€10,181
down €10,181 (-64.7%), from €15,745 to €5,564
- Depreciation +€6,670
up €6,670 (+9.6%), from €69,739 to €76,409
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 | €707,429 | €582,377 | -€125,053 | -17.7% |
| Fixed assets | 21/28 | €240,326 | €159,075 | -€81,251 | -33.8% |
| Intangible fixed assets | 21 | €168,666 | €132,214 | -€36,451 | -21.6% |
| Tangible fixed assets | 22/27 | €22,708 | €24,120 | +€1,412 | +6.2% |
| Plant, machinery and equipment | 23 | €938 | €1,925 | +€987 | +105% |
| Furniture and vehicles | 24 | €20,044 | €22,196 | +€2,151 | +10.7% |
| Other tangible fixed assets | 26 | €1,727 | €0 | -€1,727 | -100% |
| Financial fixed assets | 28 | €48,952 | €2,740 | -€46,212 | -94.4% |
| Current assets | 29/58 | €467,103 | €423,302 | -€43,801 | -9.4% |
| Amounts receivable within one year | 40/41 | €380,630 | €322,264 | -€58,366 | -15.3% |
| Trade receivables | 40 | €369,150 | €303,573 | -€65,578 | -17.8% |
| Other amounts receivable | 41 | €11,480 | €18,691 | +€7,212 | +62.8% |
| Cash at bank and in hand | 54/58 | €83,144 | €96,483 | +€13,339 | +16.0% |
| Deferred charges and accrued income | 490/1 | €3,329 | €4,554 | +€1,225 | +36.8% |
| Total equity and liabilities | 10/49 | €707,429 | €582,377 | -€125,053 | -17.7% |
| Equity | 10/15 | €248,348 | €198,029 | -€50,320 | -20.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €73,842 | €73,842 | = | 0.0% |
| Tax-exempt reserves | 132 | €71,983 | €71,983 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €155,914 | €105,595 | -€50,320 | -32.3% |
| Amounts payable | 17/49 | €459,081 | €384,348 | -€74,733 | -16.3% |
| Amounts payable after more than one year | 17 | €229,656 | €140,000 | -€89,656 | -39.0% |
| Other amounts payable | 178/9 | €229,656 | €140,000 | -€89,656 | -39.0% |
| Amounts payable within one year | 42/48 | €229,425 | €244,348 | +€14,923 | +6.5% |
| Trade debts | 44 | €72,073 | €69,077 | -€2,996 | -4.2% |
| Suppliers | 440/4 | €72,073 | €69,077 | -€2,996 | -4.2% |
| Advances received on contracts in progress | 46 | €63,000 | €0 | -€63,000 | -100% |
| Taxes, remuneration and social security | 45 | €94,352 | €107,064 | +€12,712 | +13.5% |
| Taxes | 450/3 | €23,783 | €35,195 | +€11,412 | +48.0% |
| Remuneration and social security | 454/9 | €70,569 | €71,869 | +€1,299 | +1.8% |
| Other amounts payable | 47/48 | - | €68,208 | +€68,208 | |
| Non-recurring operating income | 76A | €0 | €9,614 | +€9,614 | |
| Remuneration, social security and pensions | 62 | €478,393 | €524,091 | +€45,698 | +9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,739 | €76,409 | +€6,670 | +9.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €3,936 | €6,012 | +€2,076 | +52.7% |
| Non-recurring operating charges | 66A | €12,750 | €0 | -€12,750 | -100% |
| Gross operating margin | 9900 | €619,156 | €618,224 | -€932 | -0.2% |
| Operating profit (loss) | 9901 | €54,338 | €11,713 | -€42,626 | -78.4% |
| Financial income | 75/76B | €211 | €4,847 | +€4,637 | +2,202% |
| Recurring financial income | 75 | €211 | €4,847 | +€4,637 | +2,202% |
| Financial charges | 65/66B | €48,053 | €61,316 | +€13,262 | +27.6% |
| Recurring financial charges | 65 | €3,053 | €15,104 | +€12,050 | +395% |
| Non-recurring financial charges | 66B | €45,000 | €46,212 | +€1,212 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | €6,495 | -€44,756 | -€51,252 | |
| Income taxes | 67/77 | €15,745 | €5,564 | -€10,181 | -64.7% |
| Profit (loss) for the period | 9904 | -€9,249 | -€50,320 | -€41,070 | -444% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,249 | -€50,320 | -€41,070 | -444% |
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.