Skip to content

FONCIMA: 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.

What changed

FONCIMA

BE 0789.804.880
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€26,820
2023 · -€52,540+€25,720
Equity
-€215,295
2023 · -€188,475-€26,820
Cash
€1,986
2023 · €8,122-€6,136
Balance sheet total
€1.8m
2023 · €1.8m-€15,571

Largest movements

2023 to 2024
Assets

No asset line moved by more than 1% of the balance sheet total.

    Equity and liabilities
    • Profit (loss) carried forward -€26,820

      down €26,820 (-9.3%), from -€288,475 to -€315,295

    Income statement
    • Gross operating margin +€42,379

      up €42,379 (+63.3%), from €66,898 to €109,277

    • Financial charges +€10,161

      up €10,161 (+14.4%), from €70,508 to €80,669

    • Depreciation +€5,014

      up €5,014 (+11.8%), from €42,522 to €47,535

    • Other operating charges +€1,485

      up €1,485 (+23.2%), from €6,407 to €7,892

    From the 2023 result to the 2024 result

    effect on the 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.

    Result 2023 -€52,540
    Gross operating margin +€42,379
    Depreciation -€5,014
    Other operating charges -€1,485
    Financial income -€0
    Financial charges -€10,161
    Result 2024 -€26,820

    Cash bridge derived

    cash 2023 to 2024

    Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

    From operations +€31,964
    Investment -€38,100
    Financing €0
    Cash 2023 €8,122
    Net result for the year -€26,820
    Depreciation +€47,535
    Trade debts +€11,389
    Other debts -€140
    Investment in fixed assets (net) -€38,100
    Cash 2024 €1,986
    Every line side by side 27 lines
    Line Code 2023 2024 Change %
    Total assets 20/58 €1,847,201 €1,831,630 -€15,571 -0.8%
    Fixed assets 21/28 €1,839,079 €1,829,643 -€9,435 -0.5%
    Tangible fixed assets 22/27 €1,839,079 €1,829,643 -€9,435 -0.5%
    Land and buildings 22 €1,839,079 €1,829,643 -€9,435 -0.5%
    Current assets 29/58 €8,122 €1,986 -€6,136 -75.5%
    Cash at bank and in hand 54/58 €8,122 €1,986 -€6,136 -75.5%
    Total equity and liabilities 10/49 €1,847,201 €1,831,630 -€15,571 -0.8%
    Equity 10/15 -€188,475 -€215,295 -€26,820 -14.2%
    Contributions 10/11 €100,000 €100,000 = 0.0%
    Profit (loss) carried forward 14 -€288,475 -€315,295 -€26,820 -9.3%
    Amounts payable 17/49 €2,035,676 €2,046,925 +€11,249 +0.6%
    Amounts payable within one year 42/48 €2,035,676 €2,046,925 +€11,249 +0.6%
    Current portion of amounts payable after more than one year 42 €1,400,000 €1,400,000 = 0.0%
    Trade debts 44 €174 €11,563 +€11,389 +6546.0%
    Suppliers 440/4 €174 €11,563 +€11,389 +6546.0%
    Other amounts payable 47/48 €635,502 €635,362 -€140 0.0%
    Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €42,522 €47,535 +€5,014 +11.8%
    Other operating charges 640/8 €6,407 €7,892 +€1,485 +23.2%
    Gross operating margin 9900 €66,898 €109,277 +€42,379 +63.3%
    Operating profit (loss) 9901 €17,969 €53,849 +€35,881 +199.7%
    Financial income 75/76B €0 - -€0
    Recurring financial income 75 €0 - -€0
    Financial charges 65/66B €70,508 €80,669 +€10,161 +14.4%
    Recurring financial charges 65 €70,508 €80,669 +€10,161 +14.4%
    Profit (loss) for the period before taxes 9903 -€52,540 -€26,820 +€25,720 +49.0%
    Profit (loss) for the period 9904 -€52,540 -€26,820 +€25,720 +49.0%
    Profit (loss) for the period to be appropriated 9905 -€52,540 -€26,820 +€25,720 +49.0%

    Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.