FKO icTelco: 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.
FKO icTelco
Largest movements
- Cash +€15,239
up €15,239 (+110%), from €13,892 to €29,131
mainly Net result for the year (+€26,824) and Short-term financial debts (+€14,500)
- Receivables within one year +€5,312
up €5,312 (+25.8%), from €20,567 to €25,878
of which Other amounts receivable: +€21,836
- Tangible fixed assets +€2,955
up €2,955 (+55.1%), from €5,363 to €8,318
of which Furniture and vehicles: +€3,235
- Profit (loss) carried forward +€26,824
new in 2025: €26,824
- Tax, wage and social debts -€15,978
down €15,978 (-52.6%), from €30,366 to €14,388
- Short-term financial debts +€14,500
new in 2025: €14,500
- Other debts -€1,751
no longer reported in 2025 (was €1,751)
- Gross operating margin -€47,386
down €47,386 (-53.2%), from €89,112 to €41,726
- Taxes -€19,528
down €19,528 (-72.4%), from €26,976 to €7,448
- Depreciation +€2,840
up €2,840 (+255%), from €1,116 to €3,956
- Other operating charges -€1,332
down €1,332 (-25.1%), from €5,309 to €3,977
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 | €43,238 | €66,535 | +€23,297 | +53.9% |
| Fixed assets | 21/28 | €5,363 | €8,318 | +€2,955 | +55.1% |
| Tangible fixed assets | 22/27 | €5,363 | €8,318 | +€2,955 | +55.1% |
| Land and buildings | 22 | €2,495 | €2,215 | -€280 | -11.2% |
| Furniture and vehicles | 24 | €2,868 | €6,104 | +€3,235 | +113% |
| Current assets | 29/58 | €37,875 | €58,217 | +€20,342 | +53.7% |
| Amounts receivable within one year | 40/41 | €20,567 | €25,878 | +€5,312 | +25.8% |
| Trade receivables | 40 | €20,567 | €4,042 | -€16,525 | -80.3% |
| Other amounts receivable | 41 | - | €21,836 | +€21,836 | |
| Cash at bank and in hand | 54/58 | €13,892 | €29,131 | +€15,239 | +110% |
| Deferred charges and accrued income | 490/1 | €3,416 | €3,207 | -€209 | -6.1% |
| Total equity and liabilities | 10/49 | €43,238 | €66,535 | +€23,297 | +53.9% |
| Equity | 10/15 | €2,500 | €29,324 | +€26,824 | +1,073% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €26,824 | +€26,824 | |
| Amounts payable | 17/49 | €40,738 | €37,211 | -€3,527 | -8.7% |
| Amounts payable within one year | 42/48 | €40,738 | €37,211 | -€3,527 | -8.7% |
| Financial debts | 43 | - | €14,500 | +€14,500 | |
| Credit institutions | 430/8 | - | €14,500 | +€14,500 | |
| Trade debts | 44 | €8,621 | €8,322 | -€298 | -3.5% |
| Suppliers | 440/4 | €8,621 | €8,322 | -€298 | -3.5% |
| Taxes, remuneration and social security | 45 | €30,366 | €14,388 | -€15,978 | -52.6% |
| Taxes | 450/3 | €30,366 | €14,388 | -€15,978 | -52.6% |
| Other amounts payable | 47/48 | €1,751 | - | -€1,751 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,116 | €3,956 | +€2,840 | +255% |
| Other operating charges | 640/8 | €5,309 | €3,977 | -€1,332 | -25.1% |
| Gross operating margin | 9900 | €89,112 | €41,726 | -€47,386 | -53.2% |
| Operating profit (loss) | 9901 | €82,687 | €33,792 | -€48,895 | -59.1% |
| Financial income | 75/76B | €1,497 | €607 | -€889 | -59.4% |
| Recurring financial income | 75 | €1,497 | €607 | -€889 | -59.4% |
| Financial charges | 65/66B | €130 | €128 | -€2 | -1.7% |
| Recurring financial charges | 65 | €130 | €128 | -€2 | -1.7% |
| Profit (loss) for the period before taxes | 9903 | €84,054 | €34,272 | -€49,782 | -59.2% |
| Income taxes | 67/77 | €26,976 | €7,448 | -€19,528 | -72.4% |
| Profit (loss) for the period | 9904 | €57,078 | €26,824 | -€30,254 | -53.0% |
| Profit (loss) for the period to be appropriated | 9905 | €57,078 | €26,824 | -€30,254 | -53.0% |
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 17 October 2026 via checked.be.