FocusCo: 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.
FocusCo
Largest movements
- Cash +€46,433
up €46,433 (+33.3%), from €139,644 to €186,076
mainly Net result for the year (+€37,100) and Receivables within one year (+€23,362)
- Receivables within one year -€23,362
down €23,362 (-39.9%), from €58,515 to €35,154
of which Trade receivables: -€23,729
- Reserves +€37,100
up €37,100 (+373.7%), from €9,929 to €47,029
- Accrued charges and deferred income -€27,339
down €27,339 (-22.1%), from €123,600 to €96,261
- Other debts +€16,629
up €16,629 (+51.0%), from €32,626 to €49,255
- Trade debts +€13,429
up €13,429 (+627.1%), from €2,141 to €15,570
- Tax, wage and social debts -€13,241
down €13,241 (-43.2%), from €30,630 to €17,390
of which Remuneration and social security: -€13,000
- Gross operating margin +€32,231
up €32,231 (+189.4%), from €17,021 to €49,253
- Taxes +€7,105
up €7,105 (+233.3%), from €3,046 to €10,150
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 | €199,927 | €226,505 | +€26,578 | +13.3% |
| Fixed assets | 21/28 | €1,552 | €3,689 | +€2,137 | +137.7% |
| Tangible fixed assets | 22/27 | €1,552 | €3,689 | +€2,137 | +137.7% |
| Furniture and vehicles | 24 | €1,552 | €3,689 | +€2,137 | +137.7% |
| Current assets | 29/58 | €198,375 | €222,816 | +€24,441 | +12.3% |
| Amounts receivable within one year | 40/41 | €58,515 | €35,154 | -€23,362 | -39.9% |
| Trade receivables | 40 | €58,515 | €34,786 | -€23,729 | -40.6% |
| Other amounts receivable | 41 | - | €368 | +€368 | |
| Cash at bank and in hand | 54/58 | €139,644 | €186,076 | +€46,433 | +33.3% |
| Deferred charges and accrued income | 490/1 | €216 | €1,586 | +€1,370 | +635.1% |
| Total equity and liabilities | 10/49 | €199,927 | €226,505 | +€26,578 | +13.3% |
| Equity | 10/15 | €10,929 | €48,029 | +€37,100 | +339.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €9,929 | €47,029 | +€37,100 | +373.7% |
| Distributable reserves | 133 | €9,929 | €47,029 | +€37,100 | +373.7% |
| Amounts payable | 17/49 | €188,998 | €178,476 | -€10,522 | -5.6% |
| Amounts payable within one year | 42/48 | €65,398 | €82,214 | +€16,817 | +25.7% |
| Trade debts | 44 | €2,141 | €15,570 | +€13,429 | +627.1% |
| Suppliers | 440/4 | €2,141 | €15,570 | +€13,429 | +627.1% |
| Taxes, remuneration and social security | 45 | €30,630 | €17,390 | -€13,241 | -43.2% |
| Taxes | 450/3 | €17,630 | €17,390 | -€241 | -1.4% |
| Remuneration and social security | 454/9 | €13,000 | - | -€13,000 | |
| Other amounts payable | 47/48 | €32,626 | €49,255 | +€16,629 | +51.0% |
| Accrued charges and deferred income | 492/3 | €123,600 | €96,261 | -€27,339 | -22.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,782 | €1,588 | -€194 | -10.9% |
| Other operating charges | 640/8 | €505 | €670 | +€164 | +32.5% |
| Gross operating margin | 9900 | €17,021 | €49,253 | +€32,231 | +189.4% |
| Operating profit (loss) | 9901 | €14,734 | €46,995 | +€32,261 | +219.0% |
| Financial income | 75/76B | €550 | €352 | -€198 | -35.9% |
| Recurring financial income | 75 | €550 | €352 | -€198 | -35.9% |
| Financial charges | 65/66B | €93 | €97 | +€4 | +4.5% |
| Recurring financial charges | 65 | €93 | €97 | +€4 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | €15,191 | €47,250 | +€32,059 | +211.0% |
| Income taxes | 67/77 | €3,046 | €10,150 | +€7,105 | +233.3% |
| Profit (loss) for the period | 9904 | €12,145 | €37,100 | +€24,955 | +205.5% |
| Profit (loss) for the period to be appropriated | 9905 | €12,145 | €37,100 | +€24,955 | +205.5% |
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 28 September 2026 via checked.be.