FONCADIS: 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.
FONCADIS
Largest movements
- Receivables after one year -€300,000
down €300,000 (-10.3%), from €2.9m to €2.6m
- Debts after one year -€300,000
down €300,000 (-10.3%), from €2.9m to €2.6m
- Financial income -€824,583
down €824,583 (-37.5%), from €2.2m to €1.4m
of which Non-recurring financial income: -€926,141
- Financial charges +€559,134
up €559,134 (+9,580%), from €5,837 to €564,971
of which Non-recurring financial charges: +€561,880
- Gross operating margin +€304,618
up €304,618, from -€82,979 to €221,639
- Taxes -€124,630
down €124,630 (-66.5%), from €187,280 to €62,650
- Other operating charges -€8,099
down €8,099 (-16.4%), from €49,271 to €41,172
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 | €26,760,819 | €26,421,112 | -€339,707 | -1.3% |
| Fixed assets | 21/28 | €23,392,540 | €23,255,671 | -€136,869 | -0.6% |
| Financial fixed assets | 28 | €23,392,540 | €23,255,671 | -€136,869 | -0.6% |
| Current assets | 29/58 | €3,368,279 | €3,165,440 | -€202,838 | -6.0% |
| Amounts receivable after more than one year | 29 | €2,900,000 | €2,600,000 | -€300,000 | -10.3% |
| Other amounts receivable | 291 | €2,900,000 | €2,600,000 | -€300,000 | -10.3% |
| Amounts receivable within one year | 40/41 | €194,358 | €347,442 | +€153,084 | +78.8% |
| Other amounts receivable | 41 | €194,358 | €347,442 | +€153,084 | +78.8% |
| Cash at bank and in hand | 54/58 | €273,921 | €217,998 | -€55,923 | -20.4% |
| Total equity and liabilities | 10/49 | €26,760,819 | €26,421,112 | -€339,707 | -1.3% |
| Equity | 10/15 | €23,851,625 | €23,678,156 | -€173,469 | -0.7% |
| Contributions | 10/11 | €1,105,000 | €1,105,000 | = | 0.0% |
| Capital | 10 | €1,105,000 | €1,105,000 | = | 0.0% |
| Issued capital | 100 | €1,105,000 | €1,105,000 | = | 0.0% |
| Reserves | 13 | €22,746,625 | €22,573,156 | -€173,469 | -0.8% |
| Non-distributable reserves | 130/1 | €110,500 | €110,500 | = | 0.0% |
| Legal reserve | 130 | €110,500 | €110,500 | = | 0.0% |
| Distributable reserves | 133 | €22,636,125 | €22,462,656 | -€173,469 | -0.8% |
| Amounts payable | 17/49 | €2,909,194 | €2,742,955 | -€166,238 | -5.7% |
| Amounts payable after more than one year | 17 | €2,900,000 | €2,600,000 | -€300,000 | -10.3% |
| Other amounts payable | 178/9 | €2,900,000 | €2,600,000 | -€300,000 | -10.3% |
| Amounts payable within one year | 42/48 | €9,194 | €142,955 | +€133,762 | +1,455% |
| Trade debts | 44 | €3,194 | €2,955 | -€238 | -7.5% |
| Suppliers | 440/4 | €3,194 | €2,955 | -€238 | -7.5% |
| Taxes, remuneration and social security | 45 | €6,000 | - | -€6,000 | |
| Taxes | 450/3 | €6,000 | - | -€6,000 | |
| Other amounts payable | 47/48 | - | €140,000 | +€140,000 | |
| Non-recurring operating income | 76A | - | €300,000 | +€300,000 | |
| Other operating charges | 640/8 | €49,271 | €41,172 | -€8,099 | -16.4% |
| Non-recurring operating charges | 66A | - | €300,000 | +€300,000 | |
| Gross operating margin | 9900 | -€82,979 | €221,639 | +€304,618 | |
| Operating profit (loss) | 9901 | -€132,251 | -€119,533 | +€12,718 | +9.6% |
| Financial income | 75/76B | €2,198,268 | €1,373,685 | -€824,583 | -37.5% |
| Recurring financial income | 75 | €1,272,127 | €1,373,685 | +€101,558 | +8.0% |
| Non-recurring financial income | 76B | €926,141 | - | -€926,141 | |
| Financial charges | 65/66B | €5,837 | €564,971 | +€559,134 | +9,580% |
| Recurring financial charges | 65 | €5,837 | €3,091 | -€2,746 | -47.0% |
| Non-recurring financial charges | 66B | - | €561,880 | +€561,880 | |
| Profit (loss) for the period before taxes | 9903 | €2,060,180 | €689,181 | -€1.4m | -66.5% |
| Income taxes | 67/77 | €187,280 | €62,650 | -€124,630 | -66.5% |
| Profit (loss) for the period | 9904 | €1,872,900 | €626,531 | -€1.2m | -66.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,872,900 | €626,531 | -€1.2m | -66.5% |
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 15 October 2026 via checked.be.