FICHYVTO: 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.
FICHYVTO
Largest movements
- Tangible fixed assets +€5.2m
up €5.2m (+78.8%), from €6.6m to €11.7m
of which Assets under construction and advance payments: +€4.0m
- Current investments -€2.1m
down €2.1m (-100%), from €2.1m to €0
- Financial fixed assets +€2.1m
up €2.1m (+17.2%), from €12.1m to €14.2m
- Receivables within one year -€1.2m
down €1.2m (-60.4%), from €1.9m to €759,747
of which Other amounts receivable: -€1.2m
- Cash -€302,888
down €302,888 (-83.5%), from €362,745 to €59,857
mainly Investment in fixed assets (net) (-€7.4m) and Smaller working-capital items (-€24,243)
- Debts after one year +€1.9m
up €1.9m (+46.0%), from €4.1m to €6.0m
- Other debts +€1.5m
up €1.5m (+13.1%), from €11.4m to €12.9m
- Financial income +€379,884
up €379,884 (+145%), from €261,726 to €641,610
- Financial charges +€226,859
up €226,859 (+94.2%), from €240,897 to €467,756
- Taxes -€110,215
down €110,215 (-98.5%), from €111,847 to €1,632
- Gross operating margin -€40,968
down €40,968 (-4.0%), from €1.0m to €980,287
- Staff costs +€33,710
up €33,710 (+13.3%), from €253,443 to €287,153
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.
Derived cash bridge
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 | €23,129,991 | €26,787,688 | +€3.7m | +15.8% |
| Fixed assets | 21/28 | €18,696,561 | €25,958,598 | +€7.3m | +38.8% |
| Tangible fixed assets | 22/27 | €6,564,792 | €11,740,592 | +€5.2m | +78.8% |
| Land and buildings | 22 | €6,564,792 | €7,695,527 | +€1.1m | +17.2% |
| Assets under construction and advance payments | 27 | - | €4,045,065 | +€4.0m | |
| Financial fixed assets | 28 | €12,131,768 | €14,218,006 | +€2.1m | +17.2% |
| Current assets | 29/58 | €4,433,431 | €829,091 | -€3.6m | -81.3% |
| Amounts receivable within one year | 40/41 | €1,920,437 | €759,747 | -€1.2m | -60.4% |
| Trade receivables | 40 | €737 | €0 | -€737 | -100% |
| Other amounts receivable | 41 | €1,919,700 | €759,747 | -€1.2m | -60.4% |
| Current investments | 50/53 | €2,142,006 | €0 | -€2.1m | -100% |
| Cash at bank and in hand | 54/58 | €362,745 | €59,857 | -€302,888 | -83.5% |
| Deferred charges and accrued income | 490/1 | €8,243 | €9,487 | +€1,244 | +15.1% |
| Total equity and liabilities | 10/49 | €23,129,991 | €26,787,688 | +€3.7m | +15.8% |
| Equity | 10/15 | €7,478,509 | €7,575,758 | +€97,249 | +1.3% |
| Contributions | 10/11 | €5,363,514 | €5,155,000 | -€208,514 | -3.9% |
| Reserves | 13 | - | €208,514 | +€208,514 | |
| Distributable reserves | 133 | - | €208,514 | +€208,514 | |
| Profit (loss) carried forward | 14 | €2,114,995 | €2,212,244 | +€97,249 | +4.6% |
| Amounts payable | 17/49 | €15,651,482 | €19,211,930 | +€3.6m | +22.7% |
| Amounts payable after more than one year | 17 | €4,080,000 | €5,955,000 | +€1.9m | +46.0% |
| Financial debts | 170/4 | €4,080,000 | €5,955,000 | +€1.9m | +46.0% |
| Amounts payable within one year | 42/48 | €11,571,482 | €13,146,273 | +€1.6m | +13.6% |
| Current portion of amounts payable after more than one year | 42 | - | €100,000 | +€100,000 | |
| Trade debts | 44 | €41,219 | €32,568 | -€8,652 | -21.0% |
| Suppliers | 440/4 | €41,219 | €32,568 | -€8,652 | -21.0% |
| Taxes, remuneration and social security | 45 | €110,580 | €96,233 | -€14,347 | -13.0% |
| Taxes | 450/3 | €81,368 | €64,828 | -€16,540 | -20.3% |
| Remuneration and social security | 454/9 | €29,212 | €31,405 | +€2,193 | +7.5% |
| Other amounts payable | 47/48 | €11,419,683 | €12,917,472 | +€1.5m | +13.1% |
| Accrued charges and deferred income | 492/3 | - | €110,657 | +€110,657 | |
| Remuneration, social security and pensions | 62 | €253,443 | €287,153 | +€33,710 | +13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €160,763 | €132,182 | -€28,581 | -17.8% |
| Other operating charges | 640/8 | €30,330 | €33,511 | +€3,181 | +10.5% |
| Non-recurring operating charges | 66A | - | €598,611 | +€598,611 | |
| Gross operating margin | 9900 | €1,021,255 | €980,287 | -€40,968 | -4.0% |
| Operating profit (loss) | 9901 | €576,719 | -€71,171 | -€647,890 | |
| Financial income | 75/76B | €261,726 | €641,610 | +€379,884 | +145% |
| Recurring financial income | 75 | €261,726 | €641,610 | +€379,884 | +145% |
| Financial charges | 65/66B | €240,897 | €467,756 | +€226,859 | +94.2% |
| Recurring financial charges | 65 | €240,897 | €467,756 | +€226,859 | +94.2% |
| Profit (loss) for the period before taxes | 9903 | €597,548 | €102,683 | -€494,866 | -82.8% |
| Income taxes | 67/77 | €111,847 | €1,632 | -€110,215 | -98.5% |
| Profit (loss) for the period | 9904 | €485,701 | €101,050 | -€384,651 | -79.2% |
| Profit (loss) for the period to be appropriated | 9905 | €485,701 | €101,050 | -€384,651 | -79.2% |
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 31 October 2026 via checked.be.