FYCD Management: 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.
FYCD Management
Largest movements
- Current investments +€1.1m
up €1.1m (+210%), from €500,000 to €1.6m
- Cash +€110,347
up €110,347 (+38.4%), from €286,989 to €397,336
mainly Net result for the year (+€864,926) and Tax, wage and social debts (+€383,974)
- Receivables after one year +€80,000
up €80,000 (+160%), from €50,000 to €130,000
- Profit (loss) carried forward +€864,926
up €864,926 (+142%), from €607,809 to €1.5m
- Tax, wage and social debts +€383,974
up €383,974 (+170%), from €225,604 to €609,578
- Gross operating margin +€311,045
up €311,045 (+38.4%), from €809,869 to €1.1m
- Taxes +€85,730
up €85,730 (+43.5%), from €197,154 to €282,883
- Financial income +€26,038
up €26,038 (+865%), from €3,010 to €29,048
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 | €841,682 | €2,095,269 | +€1.3m | +149% |
| Fixed assets | 21/28 | €60 | €1,010 | +€950 | +1,584% |
| Tangible fixed assets | 22/27 | - | €950 | +€950 | |
| Furniture and vehicles | 24 | - | €950 | +€950 | |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €841,622 | €2,094,259 | +€1.3m | +149% |
| Amounts receivable after more than one year | 29 | €50,000 | €130,000 | +€80,000 | +160% |
| Other amounts receivable | 291 | €50,000 | €130,000 | +€80,000 | +160% |
| Amounts receivable within one year | 40/41 | €4,633 | €5,099 | +€466 | +10.1% |
| Trade receivables | 40 | - | €5,005 | +€5,005 | |
| Other amounts receivable | 41 | €4,633 | €94 | -€4,539 | -98.0% |
| Current investments | 50/53 | €500,000 | €1,550,000 | +€1.1m | +210% |
| Cash at bank and in hand | 54/58 | €286,989 | €397,336 | +€110,347 | +38.4% |
| Deferred charges and accrued income | 490/1 | - | €11,824 | +€11,824 | |
| Total equity and liabilities | 10/49 | €841,682 | €2,095,269 | +€1.3m | +149% |
| Equity | 10/15 | €610,309 | €1,475,235 | +€864,926 | +142% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Capital | 10 | €2,500 | €2,500 | = | 0.0% |
| Issued capital | 100 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €607,809 | €1,472,735 | +€864,926 | +142% |
| Amounts payable | 17/49 | €231,373 | €620,034 | +€388,661 | +168% |
| Amounts payable within one year | 42/48 | €231,373 | €620,034 | +€388,661 | +168% |
| Trade debts | 44 | €1,886 | €5,639 | +€3,753 | +199% |
| Suppliers | 440/4 | €1,886 | €5,639 | +€3,753 | +199% |
| Taxes, remuneration and social security | 45 | €225,604 | €609,578 | +€383,974 | +170% |
| Taxes | 450/3 | €225,604 | €609,578 | +€383,974 | +170% |
| Other amounts payable | 47/48 | €3,882 | €4,816 | +€934 | +24.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €189 | +€189 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €809,869 | €1,120,914 | +€311,045 | +38.4% |
| Operating profit (loss) | 9901 | €809,482 | €1,120,325 | +€310,843 | +38.4% |
| Financial income | 75/76B | €3,010 | €29,048 | +€26,038 | +865% |
| Recurring financial income | 75 | €3,010 | €29,048 | +€26,038 | +865% |
| Financial charges | 65/66B | €1,427 | €1,563 | +€135 | +9.5% |
| Recurring financial charges | 65 | €1,427 | €1,563 | +€135 | +9.5% |
| Profit (loss) for the period before taxes | 9903 | €811,064 | €1,147,810 | +€336,745 | +41.5% |
| Income taxes | 67/77 | €197,154 | €282,883 | +€85,730 | +43.5% |
| Profit (loss) for the period | 9904 | €613,910 | €864,926 | +€251,016 | +40.9% |
| Profit (loss) for the period to be appropriated | 9905 | €613,910 | €864,926 | +€251,016 | +40.9% |
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.