FIBONACHI: 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.
FIBONACHI
Largest movements
- Cash +€101,682
up €101,682 (+59.3%), from €171,516 to €273,198
mainly Net result for the year (+€232,122) and Other debts (+€100,899)
- Receivables within one year -€72,143
down €72,143 (-22.9%), from €314,938 to €242,795
- Stocks and contracts +€21,334
up €21,334 (+25.1%), from €84,959 to €106,294
- Other debts +€100,899
up €100,899 (+99.2%), from €101,759 to €202,658
- Profit (loss) carried forward +€32,122
up €32,122 (+29.3%), from €109,747 to €141,869
- Trade debts -€30,838
down €30,838 (-14.0%), from €220,887 to €190,049
- Tax, wage and social debts -€27,841
down €27,841 (-33.5%), from €83,025 to €55,184
of which Taxes: -€46,338
- Accrued charges and deferred income -€23,576
down €23,576 (-61.1%), from €38,576 to €15,000
- Gross operating margin +€132,443
up €132,443 (+26.9%), from €491,729 to €624,171
- Financial charges -€46,145
down €46,145 (-93.5%), from €49,370 to €3,225
of which Financial charges: -€27,850
- Taxes +€43,256
up €43,256 (+103.8%), from €41,669 to €84,925
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 | €575,994 | €626,759 | +€50,765 | +8.8% |
| Fixed assets | 21/28 | €2,427 | €2,318 | -€108 | -4.5% |
| Tangible fixed assets | 22/27 | €2,427 | €2,318 | -€108 | -4.5% |
| Plant, machinery and equipment | 23 | - | €1,331 | +€1,331 | |
| Furniture and vehicles | 24 | €2,427 | €988 | -€1,439 | -59.3% |
| Current assets | 29/58 | €573,567 | €624,441 | +€50,873 | +8.9% |
| Stocks and contracts in progress | 3 | €84,959 | €106,294 | +€21,334 | +25.1% |
| Stocks | 30/36 | €84,959 | €106,294 | +€21,334 | +25.1% |
| Amounts receivable within one year | 40/41 | €314,938 | €242,795 | -€72,143 | -22.9% |
| Other amounts receivable | 41 | €314,938 | €242,795 | -€72,143 | -22.9% |
| Cash at bank and in hand | 54/58 | €171,516 | €273,198 | +€101,682 | +59.3% |
| Deferred charges and accrued income | 490/1 | €2,154 | €2,154 | = | 0.0% |
| Total equity and liabilities | 10/49 | €575,994 | €626,759 | +€50,765 | +8.8% |
| Equity | 10/15 | €131,747 | €163,869 | +€32,122 | +24.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Legal reserve | 130 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €109,747 | €141,869 | +€32,122 | +29.3% |
| Amounts payable | 17/49 | €444,247 | €462,891 | +€18,643 | +4.2% |
| Amounts payable within one year | 42/48 | €405,671 | €447,891 | +€42,220 | +10.4% |
| Trade debts | 44 | €220,887 | €190,049 | -€30,838 | -14.0% |
| Suppliers | 440/4 | €220,887 | €190,049 | -€30,838 | -14.0% |
| Taxes, remuneration and social security | 45 | €83,025 | €55,184 | -€27,841 | -33.5% |
| Taxes | 450/3 | €71,625 | €25,287 | -€46,338 | -64.7% |
| Remuneration and social security | 454/9 | €11,400 | €29,897 | +€18,497 | +162.3% |
| Other amounts payable | 47/48 | €101,759 | €202,658 | +€100,899 | +99.2% |
| Accrued charges and deferred income | 492/3 | €38,576 | €15,000 | -€23,576 | -61.1% |
| Remuneration, social security and pensions | 62 | €294,098 | €296,406 | +€2,308 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,640 | €374 | -€3,266 | -89.7% |
| Other operating charges | 640/8 | €7,246 | €7,308 | +€62 | +0.9% |
| Gross operating margin | 9900 | €491,729 | €624,171 | +€132,443 | +26.9% |
| Operating profit (loss) | 9901 | €186,745 | €320,083 | +€133,339 | +71.4% |
| Financial income | 75/76B | €3,255 | €188 | -€3,067 | -94.2% |
| Recurring financial income | 75 | €236 | €188 | -€48 | -20.3% |
| Non-recurring financial income | 76B | €3,020 | - | -€3,020 | |
| Financial charges | 65/66B | €49,370 | €3,225 | -€46,145 | -93.5% |
| Recurring financial charges | 65 | €31,075 | €3,225 | -€27,850 | -89.6% |
| Non-recurring financial charges | 66B | €18,295 | - | -€18,295 | |
| Profit (loss) for the period before taxes | 9903 | €140,630 | €317,047 | +€176,417 | +125.4% |
| Income taxes | 67/77 | €41,669 | €84,925 | +€43,256 | +103.8% |
| Profit (loss) for the period | 9904 | €98,961 | €232,122 | +€133,161 | +134.6% |
| Profit (loss) for the period to be appropriated | 9905 | €98,961 | €232,122 | +€133,161 | +134.6% |
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 5 October 2026 via checked.be.