FICCIT: 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.
FICCIT
Largest movements
- Tangible fixed assets +€514,615
up €514,615 (+81.3%), from €633,210 to €1.1m
of which Land and buildings: +€547,184
- Current investments -€200,000
down €200,000 (-66.7%), from €300,000 to €100,000
- Receivables within one year +€43,580
up €43,580 (+136.8%), from €31,847 to €75,428
of which Other amounts receivable: +€30,000
- Cash +€23,125
up €23,125 (+14.9%), from €154,834 to €177,958
mainly Net result for the year (+€210,257) and Current investments (+€200,000)
- Reserves +€210,257
up €210,257 (+30.9%), from €680,309 to €890,565
- Debts after one year +€135,552
up €135,552 (+39.5%), from €343,324 to €478,876
of which Financial debts: +€135,552
- Tax, wage and social debts +€22,803
up €22,803 (+80.2%), from €28,449 to €51,252
- Current portion of long-term debt +€17,638
up €17,638 (+53.3%), from €33,122 to €50,760
- Depreciation +€97,181
up €97,181 (+162.7%), from €59,740 to €156,921
- Gross operating margin -€76,630
down €76,630 (-13.4%), from €571,408 to €494,778
- Taxes -€27,876
down €27,876 (-22.0%), from €126,877 to €99,001
- Financial charges +€14,263
up €14,263 (+116.5%), from €12,244 to €26,507
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 | €1,128,403 | €1,507,546 | +€379,142 | +33.6% |
| Fixed assets | 21/28 | €634,122 | €1,148,662 | +€514,540 | +81.1% |
| Intangible fixed assets | 21 | €911 | €836 | -€75 | -8.2% |
| Tangible fixed assets | 22/27 | €633,210 | €1,147,826 | +€514,615 | +81.3% |
| Land and buildings | 22 | €466,361 | €1,013,546 | +€547,184 | +117.3% |
| Plant, machinery and equipment | 23 | €9,800 | €12,707 | +€2,906 | +29.7% |
| Furniture and vehicles | 24 | €139,644 | €112,765 | -€26,879 | -19.2% |
| Leasing and similar rights | 25 | €17,405 | €8,808 | -€8,596 | -49.4% |
| Current assets | 29/58 | €494,282 | €358,884 | -€135,398 | -27.4% |
| Stocks and contracts in progress | 3 | €1,221 | €0 | -€1,221 | -100.0% |
| Stocks | 30/36 | €1,221 | €0 | -€1,221 | -100.0% |
| Amounts receivable within one year | 40/41 | €31,847 | €75,428 | +€43,580 | +136.8% |
| Trade receivables | 40 | €1,916 | €15,497 | +€13,580 | +708.7% |
| Other amounts receivable | 41 | €29,931 | €59,931 | +€30,000 | +100.2% |
| Current investments | 50/53 | €300,000 | €100,000 | -€200,000 | -66.7% |
| Cash at bank and in hand | 54/58 | €154,834 | €177,958 | +€23,125 | +14.9% |
| Deferred charges and accrued income | 490/1 | €6,380 | €5,498 | -€882 | -13.8% |
| Total equity and liabilities | 10/49 | €1,128,403 | €1,507,546 | +€379,142 | +33.6% |
| Equity | 10/15 | €690,309 | €900,565 | +€210,257 | +30.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €680,309 | €890,565 | +€210,257 | +30.9% |
| Distributable reserves | 133 | €680,309 | €890,565 | +€210,257 | +30.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €438,094 | €606,980 | +€168,886 | +38.6% |
| Amounts payable after more than one year | 17 | €343,324 | €478,876 | +€135,552 | +39.5% |
| Financial debts | 170/4 | €158,324 | €293,876 | +€135,552 | +85.6% |
| Other amounts payable | 178/9 | €185,000 | €185,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €86,743 | €112,800 | +€26,056 | +30.0% |
| Current portion of amounts payable after more than one year | 42 | €33,122 | €50,760 | +€17,638 | +53.3% |
| Trade debts | 44 | €13,414 | €1,151 | -€12,263 | -91.4% |
| Suppliers | 440/4 | €13,414 | €1,151 | -€12,263 | -91.4% |
| Advances received on contracts in progress | 46 | €4,239 | €2,677 | -€1,562 | -36.9% |
| Taxes, remuneration and social security | 45 | €28,449 | €51,252 | +€22,803 | +80.2% |
| Taxes | 450/3 | €28,449 | €51,252 | +€22,803 | +80.2% |
| Other amounts payable | 47/48 | €7,520 | €6,959 | -€561 | -7.5% |
| Accrued charges and deferred income | 492/3 | €8,027 | €15,304 | +€7,277 | +90.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,740 | €156,921 | +€97,181 | +162.7% |
| Other operating charges | 640/8 | €3,758 | €3,992 | +€234 | +6.2% |
| Gross operating margin | 9900 | €571,408 | €494,778 | -€76,630 | -13.4% |
| Operating profit (loss) | 9901 | €507,909 | €333,865 | -€174,044 | -34.3% |
| Financial income | 75/76B | €3,071 | €1,900 | -€1,171 | -38.1% |
| Recurring financial income | 75 | €3,071 | €1,900 | -€1,171 | -38.1% |
| Financial charges | 65/66B | €12,244 | €26,507 | +€14,263 | +116.5% |
| Recurring financial charges | 65 | €12,244 | €26,507 | +€14,263 | +116.5% |
| Profit (loss) for the period before taxes | 9903 | €498,735 | €309,258 | -€189,478 | -38.0% |
| Income taxes | 67/77 | €126,877 | €99,001 | -€27,876 | -22.0% |
| Profit (loss) for the period | 9904 | €371,859 | €210,257 | -€161,602 | -43.5% |
| Profit (loss) for the period to be appropriated | 9905 | €371,859 | €210,257 | -€161,602 | -43.5% |
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.