FICOLEM: 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.
FICOLEM
Largest movements
- Receivables within one year -€4,786
down €4,786 (-19.7%), from €24,341 to €19,555
of which Trade receivables: -€5,680
- Cash +€4,161
up €4,161 (+1706.6%), from €244 to €4,404
mainly Other debts (+€6,449) and Receivables within one year (+€4,786)
- Tangible fixed assets -€3,273
down €3,273 (-18.6%), from €17,592 to €14,318
of which Furniture and vehicles: -€1,902
- Deferred charges and accrued income +€1,322
up €1,322 (+208.5%), from €634 to €1,956
- Other debts +€6,449
up €6,449 (+50.0%), from €12,897 to €19,346
- Profit (loss) carried forward -€4,570
down €4,570 (-36.3%), from €12,595 to €8,025
- Short-term financial debts -€3,268
no longer reported in 2025 (was €3,268)
- Current portion of long-term debt -€1,721
no longer reported in 2025 (was €1,721)
- Trade debts +€750
up €750 (+227.9%), from €329 to €1,078
- Gross operating margin -€15,645
down €15,645 (-92.6%), from €16,899 to €1,254
- Taxes -€3,116
down €3,116 (-80.2%), from €3,887 to €771
- Financial charges -€582
down €582 (-69.5%), from €837 to €255
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 | €43,182 | €40,606 | -€2,577 | -6.0% |
| Fixed assets | 21/28 | €17,963 | €14,690 | -€3,273 | -18.2% |
| Tangible fixed assets | 22/27 | €17,592 | €14,318 | -€3,273 | -18.6% |
| Furniture and vehicles | 24 | €4,176 | €2,274 | -€1,902 | -45.5% |
| Other tangible fixed assets | 26 | €13,416 | €12,044 | -€1,372 | -10.2% |
| Financial fixed assets | 28 | €372 | €372 | = | 0.0% |
| Current assets | 29/58 | €25,219 | €25,916 | +€697 | +2.8% |
| Amounts receivable within one year | 40/41 | €24,341 | €19,555 | -€4,786 | -19.7% |
| Trade receivables | 40 | €17,366 | €11,686 | -€5,680 | -32.7% |
| Other amounts receivable | 41 | €6,975 | €7,869 | +€894 | +12.8% |
| Cash at bank and in hand | 54/58 | €244 | €4,404 | +€4,161 | +1706.6% |
| Deferred charges and accrued income | 490/1 | €634 | €1,956 | +€1,322 | +208.5% |
| Total equity and liabilities | 10/49 | €43,182 | €40,606 | -€2,577 | -6.0% |
| Equity | 10/15 | €23,271 | €18,701 | -€4,570 | -19.6% |
| Contributions | 10/11 | €1,239 | €1,239 | = | 0.0% |
| Reserves | 13 | €9,437 | €9,437 | = | 0.0% |
| Distributable reserves | 133 | €9,437 | €9,437 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,595 | €8,025 | -€4,570 | -36.3% |
| Amounts payable | 17/49 | €19,912 | €21,904 | +€1,993 | +10.0% |
| Amounts payable within one year | 42/48 | €19,701 | €21,904 | +€2,204 | +11.2% |
| Current portion of amounts payable after more than one year | 42 | €1,721 | - | -€1,721 | |
| Financial debts | 43 | €3,268 | - | -€3,268 | |
| Credit institutions | 430/8 | €3,268 | - | -€3,268 | |
| Trade debts | 44 | €329 | €1,078 | +€750 | +227.9% |
| Suppliers | 440/4 | €329 | €1,078 | +€750 | +227.9% |
| Taxes, remuneration and social security | 45 | €1,486 | €1,480 | -€6 | -0.4% |
| Taxes | 450/3 | €500 | €1,480 | +€980 | +196.0% |
| Remuneration and social security | 454/9 | €986 | - | -€986 | |
| Other amounts payable | 47/48 | €12,897 | €19,346 | +€6,449 | +50.0% |
| Accrued charges and deferred income | 492/3 | €211 | - | -€211 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,877 | €3,876 | -€1 | 0.0% |
| Other operating charges | 640/8 | €1,014 | €924 | -€90 | -8.9% |
| Gross operating margin | 9900 | €16,899 | €1,254 | -€15,645 | -92.6% |
| Operating profit (loss) | 9901 | €12,009 | -€3,546 | -€15,554 | |
| Financial income | 75/76B | €50 | €2 | -€48 | -96.0% |
| Recurring financial income | 75 | €50 | €2 | -€48 | -96.0% |
| Financial charges | 65/66B | €837 | €255 | -€582 | -69.5% |
| Recurring financial charges | 65 | €837 | €255 | -€582 | -69.5% |
| Profit (loss) for the period before taxes | 9903 | €11,222 | -€3,798 | -€15,020 | |
| Income taxes | 67/77 | €3,887 | €771 | -€3,116 | -80.2% |
| Profit (loss) for the period | 9904 | €7,335 | -€4,570 | -€11,904 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,335 | -€4,570 | -€11,904 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.