FiCoCo: 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.
FiCoCo
Largest movements
- Tangible fixed assets -€25,787
down €25,787 (-30.1%), from €85,592 to €59,805
of which Furniture and vehicles: -€20,352
- Cash -€18,431
down €18,431 (-31.7%), from €58,063 to €39,632
mainly Contributions, distributions and other (-€85,000) and Debts after one year (-€11,068)
- Receivables within one year +€10,431
up €10,431 (+17.2%), from €60,804 to €71,235
of which Other amounts receivable: +€5,663
- Reserves -€85,874
down €85,874 (-46.8%), from €183,596 to €97,722
- Other debts +€68,419
up €68,419 (+188.8%), from €36,240 to €104,659
- Debts after one year -€11,068
down €11,068 (-92.3%), from €11,997 to €929
- Trade debts -€4,768
down €4,768 (-47.8%), from €9,980 to €5,212
- Gross operating margin -€18,025
down €18,025 (-30.2%), from €59,641 to €41,616
- Other operating charges +€13,628
up €13,628 (+1421.2%), from €959 to €14,587
- Write-downs -€9,109
down €9,109 (-100.0%), from €9,109 to €0
- Taxes -€6,530
down €6,530 (-79.5%), from €8,218 to €1,688
- Depreciation +€2,581
up €2,581 (+11.1%), from €23,206 to €25,787
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €285,565 | €253,612 | -€31,953 | -11.2% |
| Fixed assets | 21/28 | €85,592 | €59,805 | -€25,787 | -30.1% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €85,592 | €59,805 | -€25,787 | -30.1% |
| Plant, machinery and equipment | 23 | €4,757 | €2,873 | -€1,884 | -39.6% |
| Furniture and vehicles | 24 | €48,875 | €28,523 | -€20,352 | -41.6% |
| Other tangible fixed assets | 26 | €31,960 | €28,409 | -€3,552 | -11.1% |
| Current assets | 29/58 | €199,973 | €193,807 | -€6,166 | -3.1% |
| Amounts receivable after more than one year | 29 | €75,000 | €75,000 | = | 0.0% |
| Trade receivables | 290 | €75,000 | €75,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €426 | €426 | = | 0.0% |
| Stocks | 30/36 | €426 | €426 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €60,804 | €71,235 | +€10,431 | +17.2% |
| Trade receivables | 40 | €41,956 | €46,724 | +€4,768 | +11.4% |
| Other amounts receivable | 41 | €18,848 | €24,511 | +€5,663 | +30.0% |
| Cash at bank and in hand | 54/58 | €58,063 | €39,632 | -€18,431 | -31.7% |
| Deferred charges and accrued income | 490/1 | €5,679 | €7,513 | +€1,835 | +32.3% |
| Total equity and liabilities | 10/49 | €285,565 | €253,612 | -€31,953 | -11.2% |
| Equity | 10/15 | €203,596 | €117,722 | -€85,874 | -42.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €183,596 | €97,722 | -€85,874 | -46.8% |
| Distributable reserves | 133 | €183,596 | €97,722 | -€85,874 | -46.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €81,968 | €135,890 | +€53,922 | +65.8% |
| Amounts payable after more than one year | 17 | €11,997 | €929 | -€11,068 | -92.3% |
| Financial debts | 170/4 | €11,997 | €929 | -€11,068 | -92.3% |
| Amounts payable within one year | 42/48 | €67,919 | €132,837 | +€64,918 | +95.6% |
| Current portion of amounts payable after more than one year | 42 | €10,926 | €11,068 | +€142 | +1.3% |
| Financial debts | 43 | €1,859 | €1,546 | -€313 | -16.8% |
| Credit institutions | 430/8 | €1,859 | €1,546 | -€313 | -16.8% |
| Trade debts | 44 | €9,980 | €5,212 | -€4,768 | -47.8% |
| Suppliers | 440/4 | €9,980 | €5,212 | -€4,768 | -47.8% |
| Taxes, remuneration and social security | 45 | €8,915 | €10,353 | +€1,438 | +16.1% |
| Taxes | 450/3 | €4,538 | €5,672 | +€1,134 | +25.0% |
| Remuneration and social security | 454/9 | €4,377 | €4,680 | +€304 | +6.9% |
| Other amounts payable | 47/48 | €36,240 | €104,659 | +€68,419 | +188.8% |
| Accrued charges and deferred income | 492/3 | €2,052 | €2,124 | +€72 | +3.5% |
| Non-recurring operating income | 76A | - | €3,000 | +€3,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,206 | €25,787 | +€2,581 | +11.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €9,109 | €0 | -€9,109 | -100.0% |
| Other operating charges | 640/8 | €959 | €14,587 | +€13,628 | +1421.2% |
| Gross operating margin | 9900 | €59,641 | €41,616 | -€18,025 | -30.2% |
| Operating profit (loss) | 9901 | €26,368 | €1,242 | -€25,126 | -95.3% |
| Financial income | 75/76B | €2,744 | €3,049 | +€304 | +11.1% |
| Recurring financial income | 75 | €2,744 | €3,049 | +€304 | +11.1% |
| Financial charges | 65/66B | €3,636 | €3,477 | -€158 | -4.4% |
| Recurring financial charges | 65 | €3,636 | €3,477 | -€158 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | €25,476 | €814 | -€24,663 | -96.8% |
| Income taxes | 67/77 | €8,218 | €1,688 | -€6,530 | -79.5% |
| Profit (loss) for the period | 9904 | €17,259 | -€874 | -€18,133 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,259 | -€874 | -€18,133 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.