FIKACO: 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.
FIKACO
Largest movements
- Tangible fixed assets -€29,426
down €29,426 (-14.2%), from €207,827 to €178,401
- Profit (loss) carried forward -€16,570
down €16,570 (-16.0%), from -€103,543 to -€120,113
- Current portion of long-term debt -€9,393
no longer reported in 2025 (was €9,393)
- Other debts -€3,127
down €3,127 (-1.1%), from €276,428 to €273,301
- Depreciation +€6,372
up €6,372 (+27.6%), from €23,054 to €29,426
- Gross operating margin +€3,627
up €3,627 (+32.3%), from €11,220 to €14,847
- Financial charges -€1,826
down €1,826 (-97.1%), from €1,880 to €54
- Other operating charges +€441
up €441 (+29.5%), from €1,496 to €1,937
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 | €209,838 | €181,268 | -€28,570 | -13.6% |
| Fixed assets | 21/28 | €207,827 | €178,401 | -€29,426 | -14.2% |
| Tangible fixed assets | 22/27 | €207,827 | €178,401 | -€29,426 | -14.2% |
| Land and buildings | 22 | €207,827 | €178,401 | -€29,426 | -14.2% |
| Current assets | 29/58 | €2,011 | €2,867 | +€856 | +42.6% |
| Cash at bank and in hand | 54/58 | €2,011 | €2,339 | +€327 | +16.3% |
| Deferred charges and accrued income | 490/1 | - | €528 | +€528 | |
| Total equity and liabilities | 10/49 | €209,838 | €181,268 | -€28,570 | -13.6% |
| Equity | 10/15 | -€75,992 | -€92,562 | -€16,570 | -21.8% |
| Contributions | 10/11 | €27,531 | €27,531 | = | 0.0% |
| Reserves | 13 | €20 | €20 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20 | €20 | = | 0.0% |
| Reserves not available under the articles | 1311 | €20 | €20 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€103,543 | -€120,113 | -€16,570 | -16.0% |
| Amounts payable | 17/49 | €285,830 | €273,830 | -€12,000 | -4.2% |
| Amounts payable within one year | 42/48 | €285,830 | €273,830 | -€12,000 | -4.2% |
| Current portion of amounts payable after more than one year | 42 | €9,393 | - | -€9,393 | |
| Financial debts | 43 | €9 | - | -€9 | |
| Credit institutions | 430/8 | €9 | - | -€9 | |
| Trade debts | 44 | - | €528 | +€528 | |
| Suppliers | 440/4 | - | €528 | +€528 | |
| Other amounts payable | 47/48 | €276,428 | €273,301 | -€3,127 | -1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,054 | €29,426 | +€6,372 | +27.6% |
| Other operating charges | 640/8 | €1,496 | €1,937 | +€441 | +29.5% |
| Gross operating margin | 9900 | €11,220 | €14,847 | +€3,627 | +32.3% |
| Operating profit (loss) | 9901 | -€13,330 | -€16,516 | -€3,186 | -23.9% |
| Financial charges | 65/66B | €1,880 | €54 | -€1,826 | -97.1% |
| Recurring financial charges | 65 | €1,880 | €54 | -€1,826 | -97.1% |
| Profit (loss) for the period before taxes | 9903 | -€15,210 | -€16,570 | -€1,360 | -8.9% |
| Profit (loss) for the period | 9904 | -€15,210 | -€16,570 | -€1,360 | -8.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,210 | -€16,570 | -€1,360 | -8.9% |
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 28 September 2026 via checked.be.