FIOQCO: what changed
What changed
FIOQCO
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€96,143
2024 · €179,534-€83,391
Equity
€1.6m
2024 · €1.5m+€95,310
Cash
€24,000
2024 · €22,818+€1,182
Balance sheet total
€1.7m
2024 · €1.7m+€33,257
Largest movements
Assets
- Receivables after one year +€100,000
up €100,000 (+66.7%), from €150,000 to €250,000
- Current investments -€77,609
down €77,609 (-5.1%), from €1.5m to €1.4m
Equity and liabilities
- Reserves +€95,000
up €95,000 (+6.3%), from €1.5m to €1.6m
- Tax, wage and social debts -€61,691
down €61,691 (-42.1%), from €146,403 to €84,712
Income statement
- Financial income -€131,064
down €131,064 (-78.9%), from €166,124 to €35,059
- Taxes -€44,883
down €44,883 (-49.6%), from €90,579 to €45,697
- Gross operating margin +€3,068
up €3,068 (+2.8%), from €109,351 to €112,419
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€179,534
Gross operating margin
+€3,068
Depreciation
+€357
Other operating charges
-€620
Financial income
-€131,064
Financial charges
-€16
Taxes
+€44,883
Result 2025
€96,143
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€69,891
Investment
+€71,906
Financing
-€833
Cash 2024
€22,818
From operations (derived)
-€69,891
Net result for the year
+€96,143
Depreciation
+€624
Receivables after one year
-€100,000
Receivables within one year
-€684
Deferred charges and accrued income
-€3,921
Trade debts
+€339
Tax, wage and social debts
-€61,691
Other debts
-€314
Accrued charges and deferred income
-€386
Investment (derived)
+€71,906
Investment in fixed assets (net)
-€5,702
Current investments
+€77,609
Financing
-€833
Contributions, distributions and other
-€833
Cash 2025
€24,000
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,702,857 | €1,736,114 | +€33,257 | +2.0% |
| Fixed assets | 21/28 | €1,242 | €6,320 | +€5,079 | +409% |
| Tangible fixed assets | 22/27 | €1,242 | €6,320 | +€5,079 | +409% |
| Plant, machinery and equipment | 23 | €1,242 | €712 | -€530 | -42.7% |
| Furniture and vehicles | 24 | - | €5,609 | +€5,609 | |
| Current assets | 29/58 | €1,701,615 | €1,729,794 | +€28,178 | +1.7% |
| Amounts receivable after more than one year | 29 | €150,000 | €250,000 | +€100,000 | +66.7% |
| Other amounts receivable | 291 | €150,000 | €250,000 | +€100,000 | +66.7% |
| Amounts receivable within one year | 40/41 | €13,594 | €14,278 | +€684 | +5.0% |
| Trade receivables | 40 | €13,594 | €14,278 | +€684 | +5.0% |
| Current investments | 50/53 | €1,509,304 | €1,431,695 | -€77,609 | -5.1% |
| Cash at bank and in hand | 54/58 | €22,818 | €24,000 | +€1,182 | +5.2% |
| Deferred charges and accrued income | 490/1 | €5,899 | €9,820 | +€3,921 | +66.5% |
| Total equity and liabilities | 10/49 | €1,702,857 | €1,736,114 | +€33,257 | +2.0% |
| Equity | 10/15 | €1,531,647 | €1,626,957 | +€95,310 | +6.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,509,648 | €1,604,648 | +€95,000 | +6.3% |
| Distributable reserves | 133 | €1,509,648 | €1,604,648 | +€95,000 | +6.3% |
| Profit (loss) carried forward | 14 | €3,400 | €3,709 | +€310 | +9.1% |
| Amounts payable | 17/49 | €171,210 | €109,157 | -€62,053 | -36.2% |
| Amounts payable within one year | 42/48 | €170,429 | €108,762 | -€61,667 | -36.2% |
| Trade debts | 44 | €333 | €671 | +€339 | +102% |
| Suppliers | 440/4 | €333 | €671 | +€339 | +102% |
| Taxes, remuneration and social security | 45 | €146,403 | €84,712 | -€61,691 | -42.1% |
| Taxes | 450/3 | €146,403 | €84,712 | -€61,691 | -42.1% |
| Other amounts payable | 47/48 | €23,694 | €23,379 | -€314 | -1.3% |
| Accrued charges and deferred income | 492/3 | €780 | €395 | -€386 | -49.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €981 | €624 | -€357 | -36.4% |
| Other operating charges | 640/8 | €2,223 | €2,842 | +€620 | +27.9% |
| Gross operating margin | 9900 | €109,351 | €112,419 | +€3,068 | +2.8% |
| Operating profit (loss) | 9901 | €106,147 | €108,953 | +€2,806 | +2.6% |
| Financial income | 75/76B | €166,124 | €35,059 | -€131,064 | -78.9% |
| Recurring financial income | 75 | €166,124 | €35,059 | -€131,064 | -78.9% |
| Financial charges | 65/66B | €2,158 | €2,173 | +€16 | +0.7% |
| Recurring financial charges | 65 | €2,158 | €2,173 | +€16 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | €270,113 | €141,839 | -€128,274 | -47.5% |
| Income taxes | 67/77 | €90,579 | €45,697 | -€44,883 | -49.6% |
| Profit (loss) for the period | 9904 | €179,534 | €96,143 | -€83,391 | -46.4% |
| Profit (loss) for the period to be appropriated | 9905 | €179,534 | €96,143 | -€83,391 | -46.4% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.