FIVINCO: 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.
FIVINCO
Largest movements
- Receivables within one year -€6,412
down €6,412 (-24.2%), from €26,458 to €20,046
of which Trade receivables: -€6,778
- Cash +€5,806
up €5,806 (+73.5%), from €7,895 to €13,701
mainly Receivables within one year (+€6,412) and Trade debts (+€3,943)
- Stocks and contracts -€1,359
down €1,359 (-4.4%), from €30,640 to €29,281
- Tangible fixed assets +€994
new in 2025: €994
- Trade debts +€3,943
up €3,943 (+341.2%), from €1,156 to €5,099
- Profit (loss) carried forward -€3,402
down €3,402 (-38.9%), from -€8,750 to -€12,152
- Tax, wage and social debts -€1,029
down €1,029 (-48.0%), from €2,143 to €1,114
- Gross operating margin +€3,417
up €3,417, from -€3,142 to €275
- Other operating charges +€1,773
up €1,773 (+197.3%), from €899 to €2,672
- Depreciation +€497
new in 2025: €497
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 | €64,993 | €64,022 | -€971 | -1.5% |
| Fixed assets | 21/28 | - | €994 | +€994 | |
| Tangible fixed assets | 22/27 | - | €994 | +€994 | |
| Furniture and vehicles | 24 | - | €994 | +€994 | |
| Current assets | 29/58 | €64,993 | €63,028 | -€1,965 | -3.0% |
| Stocks and contracts in progress | 3 | €30,640 | €29,281 | -€1,359 | -4.4% |
| Stocks | 30/36 | €30,640 | €29,281 | -€1,359 | -4.4% |
| Amounts receivable within one year | 40/41 | €26,458 | €20,046 | -€6,412 | -24.2% |
| Trade receivables | 40 | €26,458 | €19,680 | -€6,778 | -25.6% |
| Other amounts receivable | 41 | - | €366 | +€366 | |
| Cash at bank and in hand | 54/58 | €7,895 | €13,701 | +€5,806 | +73.5% |
| Total equity and liabilities | 10/49 | €64,993 | €64,022 | -€971 | -1.5% |
| Equity | 10/15 | €11,701 | €8,299 | -€3,402 | -29.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | €1,859 | - | -€1,859 | |
| Distributable reserves | 133 | - | €1,859 | +€1,859 | |
| Profit (loss) carried forward | 14 | -€8,750 | -€12,152 | -€3,402 | -38.9% |
| Amounts payable | 17/49 | €53,292 | €55,723 | +€2,431 | +4.6% |
| Amounts payable within one year | 42/48 | €53,292 | €55,723 | +€2,431 | +4.6% |
| Trade debts | 44 | €1,156 | €5,099 | +€3,943 | +341.2% |
| Suppliers | 440/4 | €1,156 | €5,099 | +€3,943 | +341.2% |
| Taxes, remuneration and social security | 45 | €2,143 | €1,114 | -€1,029 | -48.0% |
| Taxes | 450/3 | €2,143 | €1,114 | -€1,029 | -48.0% |
| Other amounts payable | 47/48 | €49,993 | €49,510 | -€483 | -1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €497 | +€497 | |
| Other operating charges | 640/8 | €899 | €2,672 | +€1,773 | +197.3% |
| Gross operating margin | 9900 | -€3,142 | €275 | +€3,417 | |
| Operating profit (loss) | 9901 | -€4,040 | -€2,894 | +€1,146 | +28.4% |
| Financial charges | 65/66B | €160 | €165 | +€4 | +2.8% |
| Recurring financial charges | 65 | €160 | €165 | +€4 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,201 | -€3,059 | +€1,142 | +27.2% |
| Income taxes | 67/77 | €334 | €343 | +€9 | +2.8% |
| Profit (loss) for the period | 9904 | -€4,535 | -€3,402 | +€1,133 | +25.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,535 | -€3,402 | +€1,133 | +25.0% |
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.