FocusICT: 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.
FocusICT
Largest movements
- Cash +€82,375
up €82,375 (+67.8%), from €121,519 to €203,894
mainly Other debts (+€111,866) and Net result for the year (+€65,360)
- Tangible fixed assets -€28,477
down €28,477 (-14.6%), from €195,592 to €167,115
of which Furniture and vehicles: -€20,141
- Receivables within one year -€9,535
down €9,535 (-29.7%), from €32,054 to €22,518
of which Trade receivables: -€8,409
- Other debts +€111,866
up €111,866 (+411.2%), from €27,203 to €139,069
- Reserves -€69,642
down €69,642 (-33.6%), from €207,448 to €137,806
of which Distributable reserves: -€69,642
- Tax, wage and social debts +€13,929
up €13,929 (+106.8%), from €13,044 to €26,973
- Debts after one year -€11,498
down €11,498 (-16.3%), from €70,404 to €58,906
- Gross operating margin +€12,745
up €12,745 (+11.7%), from €109,386 to €122,131
- Taxes +€5,844
up €5,844 (+29.4%), from €19,885 to €25,729
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 | €349,480 | €393,870 | +€44,391 | +12.7% |
| Fixed assets | 21/28 | €195,592 | €167,115 | -€28,477 | -14.6% |
| Tangible fixed assets | 22/27 | €195,592 | €167,115 | -€28,477 | -14.6% |
| Land and buildings | 22 | €135,360 | €127,023 | -€8,336 | -6.2% |
| Furniture and vehicles | 24 | €60,233 | €40,092 | -€20,141 | -33.4% |
| Current assets | 29/58 | €153,887 | €226,755 | +€72,868 | +47.4% |
| Amounts receivable within one year | 40/41 | €32,054 | €22,518 | -€9,535 | -29.7% |
| Trade receivables | 40 | €30,927 | €22,518 | -€8,409 | -27.2% |
| Other amounts receivable | 41 | €1,126 | - | -€1,126 | |
| Cash at bank and in hand | 54/58 | €121,519 | €203,894 | +€82,375 | +67.8% |
| Deferred charges and accrued income | 490/1 | €314 | €343 | +€28 | +9.0% |
| Total equity and liabilities | 10/49 | €349,480 | €393,870 | +€44,391 | +12.7% |
| Equity | 10/15 | €226,654 | €157,014 | -€69,640 | -30.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €207,448 | €137,806 | -€69,642 | -33.6% |
| Tax-exempt reserves | 132 | €593 | €593 | = | 0.0% |
| Distributable reserves | 133 | €206,855 | €137,213 | -€69,642 | -33.7% |
| Profit (loss) carried forward | 14 | €656 | €658 | +€2 | +0.3% |
| Amounts payable | 17/49 | €122,825 | €236,856 | +€114,031 | +92.8% |
| Amounts payable after more than one year | 17 | €70,404 | €58,906 | -€11,498 | -16.3% |
| Financial debts | 170/4 | €70,404 | €58,906 | -€11,498 | -16.3% |
| Amounts payable within one year | 42/48 | €52,422 | €177,950 | +€125,529 | +239.5% |
| Current portion of amounts payable after more than one year | 42 | €11,272 | €11,498 | +€226 | +2.0% |
| Trade debts | 44 | €903 | €411 | -€492 | -54.5% |
| Suppliers | 440/4 | €903 | €411 | -€492 | -54.5% |
| Taxes, remuneration and social security | 45 | €13,044 | €26,973 | +€13,929 | +106.8% |
| Taxes | 450/3 | €13,044 | €26,973 | +€13,929 | +106.8% |
| Other amounts payable | 47/48 | €27,203 | €139,069 | +€111,866 | +411.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,779 | €28,477 | -€302 | -1.0% |
| Other operating charges | 640/8 | €1,458 | €1,440 | -€18 | -1.3% |
| Gross operating margin | 9900 | €109,386 | €122,131 | +€12,745 | +11.7% |
| Operating profit (loss) | 9901 | €79,148 | €92,214 | +€13,065 | +16.5% |
| Financial income | 75/76B | €384 | €738 | +€354 | +92.2% |
| Recurring financial income | 75 | €384 | €738 | +€354 | +92.2% |
| Financial charges | 65/66B | €2,244 | €1,862 | -€382 | -17.0% |
| Recurring financial charges | 65 | €2,244 | €1,862 | -€382 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | €77,288 | €91,089 | +€13,801 | +17.9% |
| Income taxes | 67/77 | €19,885 | €25,729 | +€5,844 | +29.4% |
| Profit (loss) for the period | 9904 | €57,403 | €65,360 | +€7,957 | +13.9% |
| Profit (loss) for the period to be appropriated | 9905 | €57,403 | €65,360 | +€7,957 | +13.9% |
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 2 October 2026 via checked.be.