FICOMEX: 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.
FICOMEX
Largest movements
- Cash +€26,334
up €26,334 (+98.5%), from €26,728 to €53,062
mainly Net result for the year (+€23,730) and Tax, wage and social debts (+€23,590)
- Reserves +€27,316
up €27,316 (+8.5%), from €321,033 to €348,349
of which Distributable reserves: +€27,316
- Trade debts -€24,375
down €24,375 (-17.9%), from €135,796 to €111,421
- Tax, wage and social debts +€23,590
up €23,590 (+50.9%), from €46,344 to €69,934
of which Taxes: +€32,163
- Short-term financial debts -€17,000
no longer reported in 2024 (was €17,000)
- Current portion of long-term debt +€10,000
up €10,000 (+104%), from €9,591 to €19,591
- Other operating charges -€27,793
down €27,793 (-60.7%), from €45,779 to €17,986
- Staff costs -€19,814
down €19,814 (-13.2%), from €149,993 to €130,179
- Taxes +€18,961
new in 2024: €18,961
- Gross operating margin -€6,106
down €6,106 (-3.0%), from €203,619 to €197,513
- Financial charges -€5,573
down €5,573 (-60.7%), from €9,181 to €3,608
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.
Derived cash bridge
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 | €564,475 | €587,367 | +€22,892 | +4.1% |
| Fixed assets | 21/28 | €39,329 | €36,236 | -€3,093 | -7.9% |
| Intangible fixed assets | 21 | €9,016 | €5,923 | -€3,093 | -34.3% |
| Financial fixed assets | 28 | €30,313 | €30,313 | = | 0.0% |
| Current assets | 29/58 | €525,146 | €551,131 | +€25,985 | +4.9% |
| Amounts receivable within one year | 40/41 | €498,418 | €497,857 | -€561 | -0.1% |
| Trade receivables | 40 | €498,418 | €494,313 | -€4,105 | -0.8% |
| Other amounts receivable | 41 | - | €3,544 | +€3,544 | |
| Cash at bank and in hand | 54/58 | €26,728 | €53,062 | +€26,334 | +98.5% |
| Deferred charges and accrued income | 490/1 | - | €212 | +€212 | |
| Total equity and liabilities | 10/49 | €564,475 | €587,367 | +€22,892 | +4.1% |
| Equity | 10/15 | €323,038 | €354,549 | +€31,511 | +9.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €321,033 | €348,349 | +€27,316 | +8.5% |
| Tax-exempt reserves | 132 | €246 | €246 | = | 0.0% |
| Distributable reserves | 133 | €320,787 | €348,103 | +€27,316 | +8.5% |
| Profit (loss) carried forward | 14 | -€4,195 | - | +€4,195 | |
| Amounts payable | 17/49 | €241,437 | €232,818 | -€8,619 | -3.6% |
| Amounts payable within one year | 42/48 | €241,437 | €232,818 | -€8,619 | -3.6% |
| Current portion of amounts payable after more than one year | 42 | €9,591 | €19,591 | +€10,000 | +104% |
| Financial debts | 43 | €17,000 | - | -€17,000 | |
| Other loans | 439 | €17,000 | - | -€17,000 | |
| Trade debts | 44 | €135,796 | €111,421 | -€24,375 | -17.9% |
| Suppliers | 440/4 | €135,796 | €111,421 | -€24,375 | -17.9% |
| Taxes, remuneration and social security | 45 | €46,344 | €69,934 | +€23,590 | +50.9% |
| Taxes | 450/3 | €21,223 | €53,386 | +€32,163 | +152% |
| Remuneration and social security | 454/9 | €25,121 | €16,548 | -€8,573 | -34.1% |
| Other amounts payable | 47/48 | €32,706 | €31,872 | -€834 | -2.5% |
| Remuneration, social security and pensions | 62 | €149,993 | €130,179 | -€19,814 | -13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,093 | €3,093 | = | 0.0% |
| Other operating charges | 640/8 | €45,779 | €17,986 | -€27,793 | -60.7% |
| Gross operating margin | 9900 | €203,619 | €197,513 | -€6,106 | -3.0% |
| Operating profit (loss) | 9901 | €4,754 | €46,255 | +€41,501 | +873% |
| Financial income | 75/76B | €232 | €44 | -€188 | -81.0% |
| Recurring financial income | 75 | €232 | €44 | -€188 | -81.0% |
| Financial charges | 65/66B | €9,181 | €3,608 | -€5,573 | -60.7% |
| Recurring financial charges | 65 | €9,181 | €3,608 | -€5,573 | -60.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,195 | €42,691 | +€46,886 | |
| Income taxes | 67/77 | - | €18,961 | +€18,961 | |
| Profit (loss) for the period | 9904 | -€4,195 | €23,730 | +€27,925 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,195 | €23,730 | +€27,925 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.