FICOTAX: 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.
FICOTAX
Largest movements
- Cash +€111,922
up €111,922 (+109%), from €102,790 to €214,712
mainly Net result for the year (+€123,971) and Other debts (+€100,000)
- Current investments +€26,891
up €26,891 (+59.5%), from €45,177 to €72,068
- Other debts +€100,000
new in 2025: €100,000
- Tax, wage and social debts +€33,835
up €33,835 (+78.9%), from €42,894 to €76,729
- Reserves +€6,324
up €6,324 (+4.7%), from €134,752 to €141,076
- Trade debts +€3,325
up €3,325 (+54.5%), from €6,101 to €9,425
- Gross operating margin +€49,578
up €49,578 (+42.8%), from €115,930 to €165,508
- Taxes +€13,493
up €13,493 (+53.0%), from €25,436 to €38,930
- Financial income -€1,906
down €1,906 (-50.6%), from €3,766 to €1,860
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.
Derived cash bridge
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 | €185,747 | €329,231 | +€143,484 | +77.2% |
| Formation expenses | 20 | €508 | €302 | -€207 | -40.6% |
| Fixed assets | 21/28 | €6,208 | €7,448 | +€1,240 | +20.0% |
| Intangible fixed assets | 21 | €1,070 | €1,314 | +€244 | +22.8% |
| Tangible fixed assets | 22/27 | €5,137 | €6,134 | +€997 | +19.4% |
| Furniture and vehicles | 24 | €5,137 | €6,134 | +€997 | +19.4% |
| Current assets | 29/58 | €179,031 | €321,481 | +€142,450 | +79.6% |
| Amounts receivable within one year | 40/41 | €31,064 | €33,670 | +€2,606 | +8.4% |
| Trade receivables | 40 | €31,064 | €33,670 | +€2,606 | +8.4% |
| Current investments | 50/53 | €45,177 | €72,068 | +€26,891 | +59.5% |
| Cash at bank and in hand | 54/58 | €102,790 | €214,712 | +€111,922 | +109% |
| Deferred charges and accrued income | 490/1 | - | €1,031 | +€1,031 | |
| Total equity and liabilities | 10/49 | €185,747 | €329,231 | +€143,484 | +77.2% |
| Equity | 10/15 | €136,752 | €143,076 | +€6,324 | +4.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €134,752 | €141,076 | +€6,324 | +4.7% |
| Distributable reserves | 133 | €134,752 | €141,076 | +€6,324 | +4.7% |
| Amounts payable | 17/49 | €48,995 | €186,154 | +€137,160 | +280% |
| Amounts payable within one year | 42/48 | €48,995 | €186,154 | +€137,160 | +280% |
| Trade debts | 44 | €6,101 | €9,425 | +€3,325 | +54.5% |
| Suppliers | 440/4 | €6,101 | €9,425 | +€3,325 | +54.5% |
| Taxes, remuneration and social security | 45 | €42,894 | €76,729 | +€33,835 | +78.9% |
| Taxes | 450/3 | €42,894 | €76,729 | +€33,835 | +78.9% |
| Other amounts payable | 47/48 | - | €100,000 | +€100,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,898 | €3,454 | +€1,556 | +82.0% |
| Other operating charges | 640/8 | €503 | €901 | +€398 | +79.1% |
| Gross operating margin | 9900 | €115,930 | €165,508 | +€49,578 | +42.8% |
| Operating profit (loss) | 9901 | €113,528 | €161,153 | +€47,624 | +41.9% |
| Financial income | 75/76B | €3,766 | €1,860 | -€1,906 | -50.6% |
| Recurring financial income | 75 | €3,766 | €1,860 | -€1,906 | -50.6% |
| Financial charges | 65/66B | €89 | €112 | +€23 | +25.5% |
| Recurring financial charges | 65 | €89 | €112 | +€23 | +25.5% |
| Profit (loss) for the period before taxes | 9903 | €117,206 | €162,901 | +€45,695 | +39.0% |
| Income taxes | 67/77 | €25,436 | €38,930 | +€13,493 | +53.0% |
| Profit (loss) for the period | 9904 | €91,769 | €123,971 | +€32,202 | +35.1% |
| Profit (loss) for the period to be appropriated | 9905 | €91,769 | €123,971 | +€32,202 | +35.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.