FIBCONN: 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.
FIBCONN
Largest movements
- Receivables within one year +€45,928
up €45,928 (+234.3%), from €19,600 to €65,528
of which Other amounts receivable: +€60,075
- Tangible fixed assets -€10,344
down €10,344 (-19.6%), from €52,813 to €42,469
of which Leasing and similar rights: -€10,694
- Cash -€4,473
down €4,473 (-14.9%), from €30,073 to €25,600
mainly Receivables within one year (-€45,928) and Debts after one year (-€10,484)
- Deferred charges and accrued income -€1,471
down €1,471 (-38.8%), from €3,789 to €2,318
- Reserves +€28,154
up €28,154 (+58.1%), from €48,416 to €76,570
- Debts after one year -€10,484
down €10,484 (-31.6%), from €33,212 to €22,728
- Tax, wage and social debts +€9,375
up €9,375 (+66.3%), from €14,150 to €23,524
- Trade debts +€2,642
up €2,642 (+135.4%), from €1,951 to €4,593
- Gross operating margin -€27,821
down €27,821 (-35.0%), from €79,485 to €51,664
- Taxes -€4,975
down €4,975 (-37.8%), from €13,150 to €8,175
- Financial income +€1,740
up €1,740 (+1046.3%), from €166 to €1,906
- Other operating charges +€1,575
up €1,575 (+498.6%), from €316 to €1,891
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 | €112,275 | €141,915 | +€29,640 | +26.4% |
| Fixed assets | 21/28 | €52,813 | €42,469 | -€10,344 | -19.6% |
| Tangible fixed assets | 22/27 | €52,813 | €42,469 | -€10,344 | -19.6% |
| Plant, machinery and equipment | 23 | €7,961 | €6,232 | -€1,729 | -21.7% |
| Furniture and vehicles | 24 | €785 | €2,864 | +€2,079 | +264.9% |
| Leasing and similar rights | 25 | €44,067 | €33,372 | -€10,694 | -24.3% |
| Current assets | 29/58 | €59,462 | €99,446 | +€39,984 | +67.2% |
| Amounts receivable after more than one year | 29 | €6,000 | €6,000 | = | 0.0% |
| Other amounts receivable | 291 | €6,000 | €6,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €19,600 | €65,528 | +€45,928 | +234.3% |
| Trade receivables | 40 | €18,013 | €3,866 | -€14,147 | -78.5% |
| Other amounts receivable | 41 | €1,587 | €61,662 | +€60,075 | +3784.8% |
| Cash at bank and in hand | 54/58 | €30,073 | €25,600 | -€4,473 | -14.9% |
| Deferred charges and accrued income | 490/1 | €3,789 | €2,318 | -€1,471 | -38.8% |
| Total equity and liabilities | 10/49 | €112,275 | €141,915 | +€29,640 | +26.4% |
| Equity | 10/15 | €51,916 | €80,279 | +€28,362 | +54.6% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €48,416 | €76,570 | +€28,154 | +58.1% |
| Distributable reserves | 133 | €48,416 | €76,570 | +€28,154 | +58.1% |
| Profit (loss) carried forward | 14 | €0 | €209 | +€209 | |
| Amounts payable | 17/49 | €60,359 | €61,636 | +€1,278 | +2.1% |
| Amounts payable after more than one year | 17 | €33,212 | €22,728 | -€10,484 | -31.6% |
| Financial debts | 170/4 | €33,212 | €22,728 | -€10,484 | -31.6% |
| Amounts payable within one year | 42/48 | €27,147 | €38,609 | +€11,462 | +42.2% |
| Current portion of amounts payable after more than one year | 42 | €9,982 | €10,491 | +€509 | +5.1% |
| Trade debts | 44 | €1,951 | €4,593 | +€2,642 | +135.4% |
| Suppliers | 440/4 | €1,951 | €4,593 | +€2,642 | +135.4% |
| Taxes, remuneration and social security | 45 | €14,150 | €23,524 | +€9,375 | +66.3% |
| Taxes | 450/3 | €14,150 | €23,524 | +€9,375 | +66.3% |
| Other amounts payable | 47/48 | €1,064 | €0 | -€1,064 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €300 | +€300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,356 | €12,980 | -€376 | -2.8% |
| Other operating charges | 640/8 | €316 | €1,891 | +€1,575 | +498.6% |
| Gross operating margin | 9900 | €79,485 | €51,664 | -€27,821 | -35.0% |
| Operating profit (loss) | 9901 | €65,813 | €36,792 | -€29,021 | -44.1% |
| Financial income | 75/76B | €166 | €1,906 | +€1,740 | +1046.3% |
| Recurring financial income | 75 | €166 | €1,906 | +€1,740 | +1046.3% |
| Financial charges | 65/66B | €2,695 | €2,161 | -€533 | -19.8% |
| Recurring financial charges | 65 | €2,695 | €2,161 | -€533 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | €63,284 | €36,537 | -€26,747 | -42.3% |
| Income taxes | 67/77 | €13,150 | €8,175 | -€4,975 | -37.8% |
| Profit (loss) for the period | 9904 | €50,134 | €28,362 | -€21,772 | -43.4% |
| Profit (loss) for the period to be appropriated | 9905 | €50,134 | €28,362 | -€21,772 | -43.4% |
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 12 October 2026 via checked.be.