Focosa: 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.
Focosa
Largest movements
- Cash +€83,337
up €83,337 (+147.2%), from €56,627 to €139,964
mainly Net result for the year (+€64,812) and Current investments (+€10,000)
- Current investments -€10,000
no longer reported in 2025 (was €10,000)
- Receivables within one year +€4,623
up €4,623 (+44.8%), from €10,326 to €14,949
of which Trade receivables: +€5,603
- Tangible fixed assets -€4,418
down €4,418 (-80.3%), from €5,505 to €1,086
- Profit (loss) carried forward +€64,812
up €64,812 (+123.7%), from €52,376 to €117,189
- Tax, wage and social debts +€5,595
up €5,595 (+21.6%), from €25,940 to €31,535
- Other debts +€2,166
new in 2025: €2,166
- Gross operating margin +€17,191
up €17,191 (+24.3%), from €70,883 to €88,074
- Taxes +€3,518
up €3,518 (+24.2%), from €14,560 to €18,078
- Depreciation +€1,087
up €1,087 (+32.6%), from €3,332 to €4,418
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 | €83,679 | €156,134 | +€72,456 | +86.6% |
| Fixed assets | 21/28 | €5,505 | €1,086 | -€4,418 | -80.3% |
| Tangible fixed assets | 22/27 | €5,505 | €1,086 | -€4,418 | -80.3% |
| Furniture and vehicles | 24 | €5,505 | €1,086 | -€4,418 | -80.3% |
| Current assets | 29/58 | €78,174 | €155,048 | +€76,874 | +98.3% |
| Amounts receivable within one year | 40/41 | €10,326 | €14,949 | +€4,623 | +44.8% |
| Trade receivables | 40 | €9,346 | €14,949 | +€5,603 | +59.9% |
| Other amounts receivable | 41 | €979 | - | -€979 | |
| Current investments | 50/53 | €10,000 | - | -€10,000 | |
| Cash at bank and in hand | 54/58 | €56,627 | €139,964 | +€83,337 | +147.2% |
| Deferred charges and accrued income | 490/1 | €1,221 | €135 | -€1,086 | -89.0% |
| Total equity and liabilities | 10/49 | €83,679 | €156,134 | +€72,456 | +86.6% |
| Equity | 10/15 | €57,376 | €122,189 | +€64,812 | +113.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,376 | €117,189 | +€64,812 | +123.7% |
| Amounts payable | 17/49 | €26,303 | €33,946 | +€7,643 | +29.1% |
| Amounts payable within one year | 42/48 | €26,303 | €33,946 | +€7,643 | +29.1% |
| Trade debts | 44 | €363 | €244 | -€118 | -32.7% |
| Suppliers | 440/4 | €363 | €244 | -€118 | -32.7% |
| Taxes, remuneration and social security | 45 | €25,940 | €31,535 | +€5,595 | +21.6% |
| Taxes | 450/3 | €25,940 | €31,535 | +€5,595 | +21.6% |
| Other amounts payable | 47/48 | - | €2,166 | +€2,166 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,332 | €4,418 | +€1,087 | +32.6% |
| Other operating charges | 640/8 | €637 | €566 | -€72 | -11.2% |
| Non-recurring operating charges | 66A | - | €63 | +€63 | |
| Gross operating margin | 9900 | €70,883 | €88,074 | +€17,191 | +24.3% |
| Operating profit (loss) | 9901 | €66,914 | €83,027 | +€16,113 | +24.1% |
| Financial income | 75/76B | €30 | €214 | +€184 | +619.6% |
| Recurring financial income | 75 | €30 | €214 | +€184 | +619.6% |
| Financial charges | 65/66B | €8 | €349 | +€342 | +4498.0% |
| Recurring financial charges | 65 | €8 | €349 | +€342 | +4498.0% |
| Profit (loss) for the period before taxes | 9903 | €66,936 | €82,891 | +€15,955 | +23.8% |
| Income taxes | 67/77 | €14,560 | €18,078 | +€3,518 | +24.2% |
| Profit (loss) for the period | 9904 | €52,376 | €64,812 | +€12,436 | +23.7% |
| Profit (loss) for the period to be appropriated | 9905 | €52,376 | €64,812 | +€12,436 | +23.7% |
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 7 October 2026 via checked.be.