FIKRA: 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.
FIKRA
Largest movements
- Receivables within one year -€139,574
down €139,574 (-99.2%), from €140,720 to €1,146
of which Trade receivables: -€135,622
- Stocks and contracts +€90,000
up €90,000 (+184%), from €49,022 to €139,022
of which Contracts in progress: +€90,000
- Tangible fixed assets -€10,193
down €10,193 (-3.1%), from €328,477 to €318,284
of which Other tangible fixed assets: -€31,096
- Financial fixed assets -€7,200
down €7,200 (-97.8%), from €7,365 to €165
- Trade debts -€118,426
down €118,426 (-93.6%), from €126,474 to €8,048
- Other debts +€55,042
up €55,042 (+13.7%), from €402,758 to €457,800
- Tax, wage and social debts +€21,710
up €21,710 (+400%), from €5,430 to €27,140
of which Taxes: +€21,150
- Profit (loss) carried forward -€15,594
down €15,594 (-35.1%), from -€44,466 to -€60,060
- Staff costs +€32,207
up €32,207 (+42.4%), from €75,999 to €108,206
- Gross operating margin +€30,810
up €30,810 (+53.4%), from €57,738 to €88,548
- Depreciation +€13,057
up €13,057 (+42.3%), from €30,851 to €43,908
- Other operating charges +€1,197
up €1,197 (+223%), from €537 to €1,734
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 | €530,249 | €469,928 | -€60,321 | -11.4% |
| Fixed assets | 21/28 | €335,842 | €318,449 | -€17,393 | -5.2% |
| Tangible fixed assets | 22/27 | €328,477 | €318,284 | -€10,193 | -3.1% |
| Plant, machinery and equipment | 23 | €33,364 | €22,692 | -€10,672 | -32.0% |
| Furniture and vehicles | 24 | €7,129 | €38,704 | +€31,575 | +443% |
| Other tangible fixed assets | 26 | €287,984 | €256,888 | -€31,096 | -10.8% |
| Financial fixed assets | 28 | €7,365 | €165 | -€7,200 | -97.8% |
| Current assets | 29/58 | €194,407 | €151,479 | -€42,928 | -22.1% |
| Stocks and contracts in progress | 3 | €49,022 | €139,022 | +€90,000 | +184% |
| Stocks | 30/36 | €49,022 | €49,022 | = | 0.0% |
| Contracts in progress | 37 | - | €90,000 | +€90,000 | |
| Amounts receivable within one year | 40/41 | €140,720 | €1,146 | -€139,574 | -99.2% |
| Trade receivables | 40 | €135,622 | €0 | -€135,622 | -100% |
| Other amounts receivable | 41 | €5,098 | €1,146 | -€3,952 | -77.5% |
| Cash at bank and in hand | 54/58 | €2,973 | €5,438 | +€2,465 | +82.9% |
| Deferred charges and accrued income | 490/1 | €1,692 | €5,873 | +€4,181 | +247% |
| Total equity and liabilities | 10/49 | €530,249 | €469,928 | -€60,321 | -11.4% |
| Equity | 10/15 | -€19,466 | -€35,060 | -€15,594 | -80.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,466 | -€60,060 | -€15,594 | -35.1% |
| Amounts payable | 17/49 | €549,715 | €504,988 | -€44,727 | -8.1% |
| Amounts payable within one year | 42/48 | €537,582 | €492,988 | -€44,594 | -8.3% |
| Trade debts | 44 | €126,474 | €8,048 | -€118,426 | -93.6% |
| Suppliers | 440/4 | €126,474 | €8,048 | -€118,426 | -93.6% |
| Advances received on contracts in progress | 46 | €2,920 | - | -€2,920 | |
| Taxes, remuneration and social security | 45 | €5,430 | €27,140 | +€21,710 | +400% |
| Taxes | 450/3 | - | €21,150 | +€21,150 | |
| Remuneration and social security | 454/9 | €5,430 | €5,990 | +€560 | +10.3% |
| Other amounts payable | 47/48 | €402,758 | €457,800 | +€55,042 | +13.7% |
| Accrued charges and deferred income | 492/3 | €12,133 | €12,000 | -€133 | -1.1% |
| Non-recurring operating income | 76A | €124,391 | - | -€124,391 | |
| Remuneration, social security and pensions | 62 | €75,999 | €108,206 | +€32,207 | +42.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,851 | €43,908 | +€13,057 | +42.3% |
| Other operating charges | 640/8 | €537 | €1,734 | +€1,197 | +223% |
| Gross operating margin | 9900 | €57,738 | €88,548 | +€30,810 | +53.4% |
| Operating profit (loss) | 9901 | -€49,649 | -€65,300 | -€15,651 | -31.5% |
| Financial income | 75/76B | €20 | - | -€20 | |
| Recurring financial income | 75 | €20 | - | -€20 | |
| Financial charges | 65/66B | €309 | €288 | -€21 | -6.8% |
| Recurring financial charges | 65 | €309 | €288 | -€21 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | -€49,938 | -€65,588 | -€15,650 | -31.3% |
| Income taxes | 67/77 | - | €6 | +€6 | |
| Profit (loss) for the period | 9904 | -€49,938 | -€65,594 | -€15,656 | -31.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€49,938 | -€65,594 | -€15,656 | -31.4% |
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 15 October 2026 via checked.be.