FIKO: 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.
FIKO
Largest movements
- Cash -€57,003
down €57,003 (-66.6%), from €85,562 to €28,559
mainly Debts after one year (-€113,546) and Contributions, distributions and other (-€100,000)
- Tangible fixed assets -€51,046
down €51,046 (-4.4%), from €1.2m to €1.1m
of which Land and buildings: -€42,692
- Debts after one year -€113,546
down €113,546 (-12.9%), from €881,577 to €768,030
- Other debts +€96,817
up €96,817 (+606%), from €15,986 to €112,802
- Reserves -€84,420
down €84,420 (-37.4%), from €225,624 to €141,204
- Gross operating margin -€27,779
down €27,779 (-7.8%), from €356,012 to €328,233
- Staff costs +€12,479
up €12,479 (+5.9%), from €212,114 to €224,594
- Taxes -€11,378
down €11,378 (-68.0%), from €16,742 to €5,364
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,268,729 | €1,168,157 | -€100,572 | -7.9% |
| Fixed assets | 21/28 | €1,166,495 | €1,115,449 | -€51,046 | -4.4% |
| Tangible fixed assets | 22/27 | €1,165,995 | €1,114,949 | -€51,046 | -4.4% |
| Land and buildings | 22 | €1,130,315 | €1,087,623 | -€42,692 | -3.8% |
| Plant, machinery and equipment | 23 | €17,278 | €13,200 | -€4,077 | -23.6% |
| Furniture and vehicles | 24 | €6,575 | €5,999 | -€576 | -8.8% |
| Other tangible fixed assets | 26 | €11,827 | €8,126 | -€3,701 | -31.3% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €102,235 | €52,709 | -€49,526 | -48.4% |
| Stocks and contracts in progress | 3 | €10,161 | €11,141 | +€980 | +9.6% |
| Stocks | 30/36 | €10,161 | €11,141 | +€980 | +9.6% |
| Amounts receivable within one year | 40/41 | €206 | €6,913 | +€6,707 | +3,251% |
| Trade receivables | 40 | €0 | €100 | +€100 | |
| Other amounts receivable | 41 | €206 | €6,813 | +€6,607 | +3,203% |
| Cash at bank and in hand | 54/58 | €85,562 | €28,559 | -€57,003 | -66.6% |
| Deferred charges and accrued income | 490/1 | €6,306 | €6,096 | -€210 | -3.3% |
| Total equity and liabilities | 10/49 | €1,268,729 | €1,168,157 | -€100,572 | -7.9% |
| Equity | 10/15 | €245,624 | €161,204 | -€84,420 | -34.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €225,624 | €141,204 | -€84,420 | -37.4% |
| Distributable reserves | 133 | €225,624 | €141,204 | -€84,420 | -37.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,023,105 | €1,006,953 | -€16,152 | -1.6% |
| Amounts payable after more than one year | 17 | €881,577 | €768,030 | -€113,546 | -12.9% |
| Financial debts | 170/4 | €881,577 | €768,030 | -€113,546 | -12.9% |
| Amounts payable within one year | 42/48 | €135,013 | €235,788 | +€100,775 | +74.6% |
| Current portion of amounts payable after more than one year | 42 | €52,677 | €53,546 | +€870 | +1.7% |
| Trade debts | 44 | €9,241 | €14,272 | +€5,031 | +54.4% |
| Suppliers | 440/4 | €9,241 | €14,272 | +€5,031 | +54.4% |
| Taxes, remuneration and social security | 45 | €57,110 | €55,168 | -€1,942 | -3.4% |
| Taxes | 450/3 | €23,417 | €21,137 | -€2,280 | -9.7% |
| Remuneration and social security | 454/9 | €33,693 | €34,031 | +€338 | +1.0% |
| Other amounts payable | 47/48 | €15,986 | €112,802 | +€96,817 | +606% |
| Accrued charges and deferred income | 492/3 | €6,515 | €3,135 | -€3,380 | -51.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €212,114 | €224,594 | +€12,479 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,352 | €54,882 | +€531 | +1.0% |
| Other operating charges | 640/8 | €5,094 | €5,013 | -€81 | -1.6% |
| Gross operating margin | 9900 | €356,012 | €328,233 | -€27,779 | -7.8% |
| Operating profit (loss) | 9901 | €84,452 | €43,744 | -€40,708 | -48.2% |
| Financial income | 75/76B | €3 | €0 | -€3 | -92.4% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -92.4% |
| Financial charges | 65/66B | €26,242 | €22,801 | -€3,441 | -13.1% |
| Recurring financial charges | 65 | €26,242 | €22,801 | -€3,441 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | €58,213 | €20,943 | -€37,270 | -64.0% |
| Income taxes | 67/77 | €16,742 | €5,364 | -€11,378 | -68.0% |
| Profit (loss) for the period | 9904 | €41,471 | €15,580 | -€25,891 | -62.4% |
| Profit (loss) for the period to be appropriated | 9905 | €41,471 | €15,580 | -€25,891 | -62.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.