FIBUCO: 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.
FIBUCO
Largest movements
- Cash +€155,216
up €155,216 (+576.7%), from €26,916 to €182,132
mainly Current investments (+€85,000) and Net result for the year (+€78,730)
- Current investments -€85,000
no longer reported in 2025 (was €85,000)
- Tangible fixed assets -€10,680
down €10,680 (-18.2%), from €58,631 to €47,951
- Receivables within one year -€3,815
down €3,815 (-3.0%), from €125,113 to €121,298
of which Other amounts receivable: -€3,702
- Reserves +€78,730
up €78,730 (+33.9%), from €232,214 to €310,944
of which Distributable reserves: +€78,730
- Other debts -€39,302
no longer reported in 2025 (was €39,302)
- Tax, wage and social debts +€11,387
up €11,387 (+165.6%), from €6,875 to €18,262
- Trade debts +€4,957
new in 2025: €4,957
- Depreciation +€8,994
up €8,994 (+288.4%), from €3,118 to €12,113
- Gross operating margin +€3,396
up €3,396 (+2.9%), from €117,400 to €120,796
- Financial income +€2,412
up €2,412 (+1082.7%), from €223 to €2,635
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 | €296,630 | €352,403 | +€55,773 | +18.8% |
| Fixed assets | 21/28 | €58,631 | €47,951 | -€10,680 | -18.2% |
| Tangible fixed assets | 22/27 | €58,631 | €47,951 | -€10,680 | -18.2% |
| Furniture and vehicles | 24 | €58,631 | €47,951 | -€10,680 | -18.2% |
| Current assets | 29/58 | €237,999 | €304,451 | +€66,452 | +27.9% |
| Amounts receivable within one year | 40/41 | €125,113 | €121,298 | -€3,815 | -3.0% |
| Trade receivables | 40 | €113 | - | -€113 | |
| Other amounts receivable | 41 | €125,000 | €121,298 | -€3,702 | -3.0% |
| Current investments | 50/53 | €85,000 | - | -€85,000 | |
| Cash at bank and in hand | 54/58 | €26,916 | €182,132 | +€155,216 | +576.7% |
| Deferred charges and accrued income | 490/1 | €970 | €1,021 | +€51 | +5.3% |
| Total equity and liabilities | 10/49 | €296,630 | €352,403 | +€55,773 | +18.8% |
| Equity | 10/15 | €250,454 | €329,183 | +€78,730 | +31.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €232,214 | €310,944 | +€78,730 | +33.9% |
| Non-distributable reserves | 130/1 | €1,817 | €1,817 | = | 0.0% |
| Reserves not available under the articles | 1311 | - | €1,817 | +€1,817 | |
| Other | 1319 | €1,817 | - | -€1,817 | |
| Distributable reserves | 133 | €230,397 | €309,126 | +€78,730 | +34.2% |
| Profit (loss) carried forward | 14 | -€1,760 | -€1,760 | = | 0.0% |
| Amounts payable | 17/49 | €46,177 | €23,219 | -€22,957 | -49.7% |
| Amounts payable within one year | 42/48 | €46,177 | €23,219 | -€22,957 | -49.7% |
| Trade debts | 44 | - | €4,957 | +€4,957 | |
| Suppliers | 440/4 | - | €4,957 | +€4,957 | |
| Taxes, remuneration and social security | 45 | €6,875 | €18,262 | +€11,387 | +165.6% |
| Taxes | 450/3 | €6,875 | €18,262 | +€11,387 | +165.6% |
| Other amounts payable | 47/48 | €39,302 | - | -€39,302 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,118 | €12,113 | +€8,994 | +288.4% |
| Other operating charges | 640/8 | €898 | €830 | -€68 | -7.6% |
| Gross operating margin | 9900 | €117,400 | €120,796 | +€3,396 | +2.9% |
| Operating profit (loss) | 9901 | €113,384 | €107,854 | -€5,530 | -4.9% |
| Financial income | 75/76B | €223 | €2,635 | +€2,412 | +1082.7% |
| Recurring financial income | 75 | €223 | €2,635 | +€2,412 | +1082.7% |
| Financial charges | 65/66B | €72 | €95 | +€23 | +31.2% |
| Recurring financial charges | 65 | €72 | €95 | +€23 | +31.2% |
| Profit (loss) for the period before taxes | 9903 | €113,535 | €110,394 | -€3,140 | -2.8% |
| Income taxes | 67/77 | €31,507 | €31,664 | +€157 | +0.5% |
| Profit (loss) for the period | 9904 | €82,028 | €78,730 | -€3,298 | -4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €82,028 | €78,730 | -€3,298 | -4.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.