Focaccio Immo: what changed
Two fiscal 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.
Focaccio Immo
Largest movements
- Current investments +€74,999
up €74,999 (+88.2%), from €85,000 to €159,999
- Tangible fixed assets -€65,326
down €65,326 (-3.0%), from €2.2m to €2.1m
- Cash -€48,843
down €48,843 (-61.7%), from €79,185 to €30,342
mainly Debts after one year (-€77,618) and Current investments (-€74,999)
- Debts after one year -€77,618
down €77,618 (-5.2%), from €1.5m to €1.4m
- Profit (loss) carried forward +€29,390
up €29,390, from -€9,588 to €19,802
- Gross operating margin +€34,174
up €34,174 (+27.2%), from €125,538 to €159,712
- Financial charges -€11,222
down €11,222 (-16.1%), from €69,586 to €58,363
- Taxes +€4,755
new in 2025: €4,755
- Depreciation -€4,210
down €4,210 (-6.1%), from €69,536 to €65,326
- Other operating charges +€3,252
up €3,252 (+251.3%), from €1,294 to €4,546
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 | €2,368,882 | €2,328,555 | -€40,326 | -1.7% |
| Fixed assets | 21/28 | €2,203,039 | €2,137,712 | -€65,326 | -3.0% |
| Tangible fixed assets | 22/27 | €2,203,039 | €2,137,712 | -€65,326 | -3.0% |
| Land and buildings | 22 | €2,203,039 | €2,137,712 | -€65,326 | -3.0% |
| Current assets | 29/58 | €165,843 | €190,843 | +€25,000 | +15.1% |
| Amounts receivable within one year | 40/41 | €1,557 | - | -€1,557 | |
| Other amounts receivable | 41 | €1,557 | - | -€1,557 | |
| Current investments | 50/53 | €85,000 | €159,999 | +€74,999 | +88.2% |
| Cash at bank and in hand | 54/58 | €79,185 | €30,342 | -€48,843 | -61.7% |
| Deferred charges and accrued income | 490/1 | €102 | €502 | +€400 | +394.3% |
| Total equity and liabilities | 10/49 | €2,368,882 | €2,328,555 | -€40,326 | -1.7% |
| Equity | 10/15 | €790,412 | €819,802 | +€29,390 | +3.7% |
| Contributions | 10/11 | €800,000 | €800,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,588 | €19,802 | +€29,390 | |
| Amounts payable | 17/49 | €1,578,470 | €1,508,754 | -€69,716 | -4.4% |
| Amounts payable after more than one year | 17 | €1,502,817 | €1,425,199 | -€77,618 | -5.2% |
| Financial debts | 170/4 | €1,502,817 | €1,425,199 | -€77,618 | -5.2% |
| Amounts payable within one year | 42/48 | €75,653 | €83,554 | +€7,902 | +10.4% |
| Current portion of amounts payable after more than one year | 42 | €74,745 | €77,618 | +€2,873 | +3.8% |
| Trade debts | 44 | €908 | €3,418 | +€2,511 | +276.7% |
| Suppliers | 440/4 | €908 | €3,418 | +€2,511 | +276.7% |
| Taxes, remuneration and social security | 45 | - | €2,518 | +€2,518 | |
| Taxes | 450/3 | - | €2,518 | +€2,518 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,536 | €65,326 | -€4,210 | -6.1% |
| Other operating charges | 640/8 | €1,294 | €4,546 | +€3,252 | +251.3% |
| Gross operating margin | 9900 | €125,538 | €159,712 | +€34,174 | +27.2% |
| Operating profit (loss) | 9901 | €54,708 | €89,840 | +€35,132 | +64.2% |
| Financial income | 75/76B | €5,290 | €2,668 | -€2,622 | -49.6% |
| Recurring financial income | 75 | €5,290 | €2,668 | -€2,622 | -49.6% |
| Financial charges | 65/66B | €69,586 | €58,363 | -€11,222 | -16.1% |
| Recurring financial charges | 65 | €69,586 | €58,363 | -€11,222 | -16.1% |
| Profit (loss) for the period before taxes | 9903 | -€9,588 | €34,145 | +€43,733 | |
| Income taxes | 67/77 | - | €4,755 | +€4,755 | |
| Profit (loss) for the period | 9904 | -€9,588 | €29,390 | +€38,977 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,588 | €29,390 | +€38,977 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.