FIBECOM: 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.
FIBECOM
Largest movements
- Receivables within one year +€78,631
up €78,631 (+96.8%), from €81,250 to €159,882
of which Other amounts receivable: +€84,425
- Financial fixed assets +€51,900
up €51,900 (+6920.0%), from €750 to €52,650
- Receivables after one year -€51,000
down €51,000 (-56.7%), from €90,000 to €39,000
- Cash -€12,345
down €12,345 (-78.3%), from €15,766 to €3,421
mainly Receivables within one year (-€78,631) and Investment in fixed assets (net) (-€51,900)
- Reserves +€56,216
up €56,216 (+38.6%), from €145,669 to €201,885
- Other debts +€19,650
up €19,650 (+178.6%), from €11,000 to €30,650
- Trade debts -€7,981
down €7,981 (-48.9%), from €16,312 to €8,332
- Gross operating margin +€174,143
up €174,143 (+623.8%), from €27,917 to €202,061
- Write-downs +€99,083
up €99,083 (+10810.1%), from €917 to €100,000
- Taxes +€22,232
up €22,232 (+579.1%), from €3,839 to €26,070
- Other operating charges -€2,471
down €2,471 (-69.4%), from €3,562 to €1,090
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 | €188,957 | €256,235 | +€67,278 | +35.6% |
| Fixed assets | 21/28 | €1,941 | €53,104 | +€51,163 | +2635.7% |
| Tangible fixed assets | 22/27 | €1,191 | €454 | -€737 | -61.9% |
| Furniture and vehicles | 24 | €1,191 | €454 | -€737 | -61.9% |
| Financial fixed assets | 28 | €750 | €52,650 | +€51,900 | +6920.0% |
| Current assets | 29/58 | €187,016 | €203,131 | +€16,115 | +8.6% |
| Amounts receivable after more than one year | 29 | €90,000 | €39,000 | -€51,000 | -56.7% |
| Other amounts receivable | 291 | €90,000 | €39,000 | -€51,000 | -56.7% |
| Amounts receivable within one year | 40/41 | €81,250 | €159,882 | +€78,631 | +96.8% |
| Trade receivables | 40 | €21,313 | €15,519 | -€5,794 | -27.2% |
| Other amounts receivable | 41 | €59,937 | €144,362 | +€84,425 | +140.9% |
| Cash at bank and in hand | 54/58 | €15,766 | €3,421 | -€12,345 | -78.3% |
| Deferred charges and accrued income | 490/1 | - | €828 | +€828 | |
| Total equity and liabilities | 10/49 | €188,957 | €256,235 | +€67,278 | +35.6% |
| Equity | 10/15 | €153,725 | €209,941 | +€56,216 | +36.6% |
| Contributions | 10/11 | €8,057 | €8,057 | = | 0.0% |
| Reserves | 13 | €145,669 | €201,885 | +€56,216 | +38.6% |
| Distributable reserves | 133 | €145,669 | €201,885 | +€56,216 | +38.6% |
| Amounts payable | 17/49 | €35,232 | €46,294 | +€11,062 | +31.4% |
| Amounts payable within one year | 42/48 | €35,232 | €46,294 | +€11,062 | +31.4% |
| Current portion of amounts payable after more than one year | 42 | €2,000 | €2,000 | = | 0.0% |
| Trade debts | 44 | €16,312 | €8,332 | -€7,981 | -48.9% |
| Suppliers | 440/4 | €16,312 | €8,332 | -€7,981 | -48.9% |
| Taxes, remuneration and social security | 45 | €5,920 | €5,312 | -€608 | -10.3% |
| Taxes | 450/3 | €5,920 | €5,312 | -€608 | -10.3% |
| Other amounts payable | 47/48 | €11,000 | €30,650 | +€19,650 | +178.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €737 | €737 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €917 | €100,000 | +€99,083 | +10810.1% |
| Other operating charges | 640/8 | €3,562 | €1,090 | -€2,471 | -69.4% |
| Gross operating margin | 9900 | €27,917 | €202,061 | +€174,143 | +623.8% |
| Operating profit (loss) | 9901 | €22,702 | €100,234 | +€77,531 | +341.5% |
| Financial income | 75/76B | €179 | €148 | -€31 | -17.4% |
| Recurring financial income | 75 | €179 | €148 | -€31 | -17.4% |
| Financial charges | 65/66B | €944 | €595 | -€349 | -36.9% |
| Recurring financial charges | 65 | €944 | €595 | -€349 | -36.9% |
| Profit (loss) for the period before taxes | 9903 | €21,937 | €99,786 | +€77,849 | +354.9% |
| Income taxes | 67/77 | €3,839 | €26,070 | +€22,232 | +579.1% |
| Profit (loss) for the period | 9904 | €18,099 | €73,716 | +€55,617 | +307.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,099 | €73,716 | +€55,617 | +307.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.