FICOFODA: 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.
FICOFODA
Largest movements
- Tangible fixed assets -€4,632
down €4,632 (-25.0%), from €18,529 to €13,897
- Current assets -€3,996
down €3,996 (-20.4%), from €19,590 to €15,594
of which Receivables within one year: -€2,669
- Debts after one year -€5,951
down €5,951 (-29.6%), from €20,125 to €14,174
- Debts within one year -€3,664
down €3,664 (-24.7%), from €14,824 to €11,160
- Profit (loss) carried forward +€986
up €986 (+20.5%), from -€4,804 to -€3,818
- Gross operating margin +€3,119
up €3,119 (+68.6%), from €4,547 to €7,666
- Other operating charges +€1,677
new in 2021: €1,677
- Financial charges +€371
new in 2021: €371
From the 2020 result to the 2021 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €38,170 | €29,541 | -€8,629 | -22.6% |
| Fixed assets | 21/28 | €18,579 | €13,947 | -€4,632 | -24.9% |
| Tangible fixed assets | 22/27 | €18,529 | €13,897 | -€4,632 | -25.0% |
| Furniture and vehicles | 24 | - | €13,897 | +€13,897 | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €19,590 | €15,594 | -€3,996 | -20.4% |
| Amounts receivable within one year | 40/41 | €9,436 | €6,767 | -€2,669 | -28.3% |
| Trade receivables | 40 | - | €5,961 | +€5,961 | |
| Other amounts receivable | 41 | - | €806 | +€806 | |
| Cash at bank and in hand | 54/58 | €5,412 | €4,829 | -€583 | -10.8% |
| Deferred charges and accrued income | 490/1 | - | €3,998 | +€3,998 | |
| Total equity and liabilities | 10/49 | €38,170 | €29,541 | -€8,629 | -22.6% |
| Equity | 10/15 | €3,221 | €4,207 | +€986 | +30.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | - | €6,200 | +€6,200 | |
| Issued capital | 100 | - | €6,200 | +€6,200 | |
| Reserves | 13 | €1,825 | €1,825 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,825 | +€1,825 | |
| Legal reserve | 130 | - | €1,825 | +€1,825 | |
| Profit (loss) carried forward | 14 | -€4,804 | -€3,818 | +€986 | +20.5% |
| Amounts payable | 17/49 | €34,949 | €25,334 | -€9,615 | -27.5% |
| Amounts payable after more than one year | 17 | €20,125 | €14,174 | -€5,951 | -29.6% |
| Financial debts | 170/4 | - | €14,174 | +€14,174 | |
| Amounts payable within one year | 42/48 | €14,824 | €11,160 | -€3,664 | -24.7% |
| Financial debts | 43 | - | €5,000 | +€5,000 | |
| Credit institutions | 430/8 | - | €5,000 | +€5,000 | |
| Trade debts | 44 | - | €2,334 | +€2,334 | |
| Suppliers | 440/4 | - | €2,334 | +€2,334 | |
| Other amounts payable | 47/48 | - | €3,826 | +€3,826 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,632 | €4,632 | -€0 | 0.0% |
| Other operating charges | 640/8 | - | €1,677 | +€1,677 | |
| Gross operating margin | 9900 | €4,547 | €7,666 | +€3,119 | +68.6% |
| Operating profit (loss) | 9901 | -€8,561 | €1,357 | +€9,918 | |
| Financial charges | 65/66B | - | €371 | +€371 | |
| Recurring financial charges | 65 | €742 | €371 | -€371 | -50.0% |
| Profit (loss) for the period before taxes | 9903 | €148 | €986 | +€838 | +565.5% |
| Profit (loss) for the period | 9904 | €148 | €986 | +€838 | +565.5% |
| Profit (loss) for the period to be appropriated | 9905 | €148 | €986 | +€838 | +565.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.