Fender ICT: what changed
Two fiscal 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.
Fender ICT
Largest movements
- Current investments +€45,090
up €45,090 (+37.5%), from €120,289 to €165,379
- Deferred charges and accrued income +€3,980
up €3,980 (+454.6%), from €876 to €4,856
- Reserves +€35,872
up €35,872 (+28.4%), from €126,194 to €162,067
- Tax, wage and social debts +€10,207
up €10,207 (+217.2%), from €4,699 to €14,906
of which Taxes: +€7,407
- Gross operating margin +€20,485
up €20,485 (+46.4%), from €44,191 to €64,676
- Taxes +€4,562
up €4,562 (+34.3%), from €13,301 to €17,863
- Depreciation -€722
down €722 (-38.7%), from €1,864 to €1,142
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.
Cash bridge derived
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 | €139,106 | €186,971 | +€47,864 | +34.4% |
| Fixed assets | 21/28 | €3,307 | €4,160 | +€852 | +25.8% |
| Tangible fixed assets | 22/27 | €3,307 | €4,160 | +€852 | +25.8% |
| Plant, machinery and equipment | 23 | - | €2,535 | +€2,535 | |
| Furniture and vehicles | 24 | €3,307 | €1,624 | -€1,683 | -50.9% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €135,799 | €182,811 | +€47,012 | +34.6% |
| Amounts receivable within one year | 40/41 | €12,626 | €12,166 | -€460 | -3.6% |
| Trade receivables | 40 | €12,606 | €12,166 | -€439 | -3.5% |
| Other amounts receivable | 41 | €20 | €0 | -€20 | -100.0% |
| Current investments | 50/53 | €120,289 | €165,379 | +€45,090 | +37.5% |
| Cash at bank and in hand | 54/58 | €2,009 | €410 | -€1,599 | -79.6% |
| Deferred charges and accrued income | 490/1 | €876 | €4,856 | +€3,980 | +454.6% |
| Total equity and liabilities | 10/49 | €139,106 | €186,971 | +€47,864 | +34.4% |
| Equity | 10/15 | €131,194 | €167,067 | +€35,872 | +27.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €126,194 | €162,067 | +€35,872 | +28.4% |
| Distributable reserves | 133 | €126,194 | €162,067 | +€35,872 | +28.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €7,912 | €19,904 | +€11,992 | +151.6% |
| Amounts payable within one year | 42/48 | €7,112 | €19,104 | +€11,992 | +168.6% |
| Financial debts | 43 | €437 | €250 | -€188 | -42.9% |
| Credit institutions | 430/8 | €437 | €250 | -€188 | -42.9% |
| Trade debts | 44 | €1,792 | €3,333 | +€1,540 | +86.0% |
| Suppliers | 440/4 | €1,792 | €3,333 | +€1,540 | +86.0% |
| Taxes, remuneration and social security | 45 | €4,699 | €14,906 | +€10,207 | +217.2% |
| Taxes | 450/3 | €4,699 | €12,106 | +€7,407 | +157.6% |
| Remuneration and social security | 454/9 | - | €2,800 | +€2,800 | |
| Other amounts payable | 47/48 | €184 | €616 | +€432 | +235.1% |
| Accrued charges and deferred income | 492/3 | €800 | €800 | = | 0.0% |
| Non-recurring operating income | 76A | €0 | €12,759 | +€12,759 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,864 | €1,142 | -€722 | -38.7% |
| Other operating charges | 640/8 | €569 | €914 | +€345 | +60.5% |
| Gross operating margin | 9900 | €44,191 | €64,676 | +€20,485 | +46.4% |
| Operating profit (loss) | 9901 | €41,758 | €62,620 | +€20,862 | +50.0% |
| Financial income | 75/76B | €563 | €755 | +€192 | +34.2% |
| Recurring financial income | 75 | €563 | €755 | +€192 | +34.2% |
| Financial charges | 65/66B | €131 | €173 | +€41 | +31.5% |
| Recurring financial charges | 65 | €131 | €173 | +€41 | +31.5% |
| Profit (loss) for the period before taxes | 9903 | €42,189 | €63,202 | +€21,012 | +49.8% |
| Income taxes | 67/77 | €13,301 | €17,863 | +€4,562 | +34.3% |
| Profit (loss) for the period | 9904 | €28,888 | €45,338 | +€16,450 | +56.9% |
| Profit (loss) for the period to be appropriated | 9905 | €28,888 | €45,338 | +€16,450 | +56.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.