FIGENO: 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.
FIGENO
Largest movements
- Current investments +€30,014
up €30,014 (+25.5%), from €117,565 to €147,579
- Receivables within one year +€6,092
up €6,092 (+17.7%), from €34,484 to €40,575
of which Trade receivables: +€10,423
- Tangible fixed assets -€5,900
down €5,900 (-4.9%), from €120,254 to €114,353
of which Land and buildings: -€6,089
- Other debts +€30,400
up €30,400 (+400.0%), from €7,600 to €38,000
- Reserves -€18,000
down €18,000 (-13.5%), from €133,000 to €115,000
- Tax, wage and social debts +€12,110
up €12,110 (+467.6%), from €2,590 to €14,700
- Trade debts +€4,190
up €4,190 (+377.3%), from €1,111 to €5,301
- Depreciation -€5,940
down €5,940 (-45.3%), from €13,125 to €7,185
- Gross operating margin -€3,877
down €3,877 (-8.9%), from €43,390 to €39,513
- Financial income +€2,075
up €2,075 (+150.5%), from €1,379 to €3,454
- Taxes +€1,041
up €1,041 (+10.2%), from €10,200 to €11,241
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 | €332,048 | €360,458 | +€28,410 | +8.6% |
| Fixed assets | 21/28 | €122,394 | €116,494 | -€5,900 | -4.8% |
| Tangible fixed assets | 22/27 | €120,254 | €114,353 | -€5,900 | -4.9% |
| Land and buildings | 22 | €117,779 | €111,691 | -€6,089 | -5.2% |
| Plant, machinery and equipment | 23 | €2,474 | €1,414 | -€1,060 | -42.9% |
| Furniture and vehicles | 24 | - | €1,249 | +€1,249 | |
| Financial fixed assets | 28 | €2,141 | €2,141 | = | 0.0% |
| Current assets | 29/58 | €209,654 | €243,964 | +€34,310 | +16.4% |
| Amounts receivable within one year | 40/41 | €34,484 | €40,575 | +€6,092 | +17.7% |
| Trade receivables | 40 | €7,257 | €17,679 | +€10,423 | +143.6% |
| Other amounts receivable | 41 | €27,227 | €22,896 | -€4,331 | -15.9% |
| Current investments | 50/53 | €117,565 | €147,579 | +€30,014 | +25.5% |
| Cash at bank and in hand | 54/58 | €54,508 | €52,416 | -€2,091 | -3.8% |
| Deferred charges and accrued income | 490/1 | €3,098 | €3,394 | +€296 | +9.6% |
| Total equity and liabilities | 10/49 | €332,048 | €360,458 | +€28,410 | +8.6% |
| Equity | 10/15 | €320,747 | €302,457 | -€18,291 | -5.7% |
| Contributions | 10/11 | €20,451 | €20,451 | = | 0.0% |
| Reserves | 13 | €133,000 | €115,000 | -€18,000 | -13.5% |
| Distributable reserves | 133 | €133,000 | €115,000 | -€18,000 | -13.5% |
| Profit (loss) carried forward | 14 | €167,296 | €167,006 | -€291 | -0.2% |
| Amounts payable | 17/49 | €11,301 | €58,001 | +€46,700 | +413.3% |
| Amounts payable within one year | 42/48 | €11,301 | €58,001 | +€46,700 | +413.3% |
| Trade debts | 44 | €1,111 | €5,301 | +€4,190 | +377.3% |
| Suppliers | 440/4 | €1,111 | €5,301 | +€4,190 | +377.3% |
| Taxes, remuneration and social security | 45 | €2,590 | €14,700 | +€12,110 | +467.6% |
| Taxes | 450/3 | €2,590 | €14,700 | +€12,110 | +467.6% |
| Other amounts payable | 47/48 | €7,600 | €38,000 | +€30,400 | +400.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,125 | €7,185 | -€5,940 | -45.3% |
| Other operating charges | 640/8 | €2,146 | €2,159 | +€13 | +0.6% |
| Gross operating margin | 9900 | €43,390 | €39,513 | -€3,877 | -8.9% |
| Operating profit (loss) | 9901 | €28,118 | €30,168 | +€2,050 | +7.3% |
| Financial income | 75/76B | €1,379 | €3,454 | +€2,075 | +150.5% |
| Recurring financial income | 75 | €1,379 | €3,454 | +€2,075 | +150.5% |
| Financial charges | 65/66B | €950 | €673 | -€277 | -29.2% |
| Recurring financial charges | 65 | €950 | €673 | -€277 | -29.2% |
| Profit (loss) for the period before taxes | 9903 | €28,547 | €32,950 | +€4,403 | +15.4% |
| Income taxes | 67/77 | €10,200 | €11,241 | +€1,041 | +10.2% |
| Profit (loss) for the period | 9904 | €18,347 | €21,709 | +€3,362 | +18.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,347 | €21,709 | +€3,362 | +18.3% |
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 11 October 2026 via checked.be.