FICO Energy: what changed
FICO Energy
Largest movements
- Tangible fixed assets +€94,762
up €94,762 (+58.1%), from €163,128 to €257,891
of which Plant, machinery and equipment: +€92,759
- Cash -€68,580
down €68,580 (-77.1%), from €88,990 to €20,410
mainly Investment in fixed assets (net) (-€112,500) and Net result for the year (-€56,989)
- Receivables within one year +€19,639
up €19,639 (+3,815%), from €515 to €20,153
of which Trade receivables: +€20,153
- Profit (loss) carried forward -€56,989
down €56,989 (-757%), from -€7,529 to -€64,519
- Other debts +€40,924
new in 2025: €40,924
- Debts after one year +€32,568
up €32,568 (+17.9%), from €181,727 to €214,295
- Trade debts +€19,518
up €19,518 (+46,473%), from €42 to €19,560
- Current portion of long-term debt +€5,887
up €5,887 (+34.8%), from €16,893 to €22,780
- Gross operating margin -€26,547
down €26,547 (-1,065%), from -€2,493 to -€29,040
- Depreciation +€14,101
up €14,101 (+388%), from €3,637 to €17,738
- Financial charges +€8,800
up €8,800 (+870%), from €1,012 to €9,811
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €252,633 | €298,454 | +€45,821 | +18.1% |
| Fixed assets | 21/28 | €163,128 | €257,891 | +€94,762 | +58.1% |
| Tangible fixed assets | 22/27 | €163,128 | €257,891 | +€94,762 | +58.1% |
| Plant, machinery and equipment | 23 | €163,128 | €255,887 | +€92,759 | +56.9% |
| Assets under construction and advance payments | 27 | - | €2,004 | +€2,004 | |
| Current assets | 29/58 | €89,505 | €40,563 | -€48,942 | -54.7% |
| Amounts receivable within one year | 40/41 | €515 | €20,153 | +€19,639 | +3,815% |
| Trade receivables | 40 | - | €20,153 | +€20,153 | |
| Other amounts receivable | 41 | €515 | €0 | -€515 | -100% |
| Cash at bank and in hand | 54/58 | €88,990 | €20,410 | -€68,580 | -77.1% |
| Total equity and liabilities | 10/49 | €252,633 | €298,454 | +€45,821 | +18.1% |
| Equity | 10/15 | €53,971 | -€3,019 | -€56,989 | |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,529 | -€64,519 | -€56,989 | -757% |
| Amounts payable | 17/49 | €198,662 | €301,472 | +€102,810 | +51.8% |
| Amounts payable after more than one year | 17 | €181,727 | €214,295 | +€32,568 | +17.9% |
| Financial debts | 170/4 | €181,727 | €214,295 | +€32,568 | +17.9% |
| Amounts payable within one year | 42/48 | €16,935 | €87,177 | +€70,242 | +415% |
| Current portion of amounts payable after more than one year | 42 | €16,893 | €22,780 | +€5,887 | +34.8% |
| Trade debts | 44 | €42 | €19,560 | +€19,518 | +46,473% |
| Suppliers | 440/4 | €42 | €19,560 | +€19,518 | +46,473% |
| Taxes, remuneration and social security | 45 | - | €3,912 | +€3,912 | |
| Taxes | 450/3 | - | €3,912 | +€3,912 | |
| Other amounts payable | 47/48 | - | €40,924 | +€40,924 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,637 | €17,738 | +€14,101 | +388% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€2,493 | -€29,040 | -€26,547 | -1,065% |
| Operating profit (loss) | 9901 | -€6,517 | -€47,178 | -€40,660 | -624% |
| Financial charges | 65/66B | €1,012 | €9,811 | +€8,800 | +870% |
| Recurring financial charges | 65 | €1,012 | €9,811 | +€8,800 | +870% |
| Profit (loss) for the period before taxes | 9903 | -€7,529 | -€56,989 | -€49,460 | -657% |
| Profit (loss) for the period | 9904 | -€7,529 | -€56,989 | -€49,460 | -657% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,529 | -€56,989 | -€49,460 | -657% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.