FIBO: 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.
FIBO
Largest movements
- Cash +€628,336
up €628,336 (+380%), from €165,179 to €793,516
mainly Net result for the year (+€2.7m) and Tax, wage and social debts (+€36,387)
- Profit (loss) carried forward +€2.4m
up €2.4m (+37.1%), from €6.5m to €8.9m
- Other debts -€735,000
down €735,000 (-62.4%), from €1.2m to €442,767
- Debts after one year -€649,982
down €649,982 (-21.0%), from €3.1m to €2.4m
- Provisions -€239,500
no longer reported in 2025 (was €239,500)
- Financial income +€1.8m
up €1.8m (+442%), from €402,411 to €2.2m
- Financial charges -€341,880
down €341,880 (-81.0%), from €421,847 to €79,967
of which Non-recurring financial charges: -€311,148
- Taxes +€91,815
up €91,815 (+226%), from €40,594 to €132,409
- Gross operating margin -€41,613
down €41,613 (-3.1%), from €1.3m to €1.3m
- Staff costs +€34,472
up €34,472 (+7.4%), from €466,554 to €501,026
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 | €12,459,433 | €13,180,062 | +€720,629 | +5.8% |
| Fixed assets | 21/28 | €11,023,174 | €10,981,577 | -€41,597 | -0.4% |
| Tangible fixed assets | 22/27 | €1,064,790 | €1,023,193 | -€41,597 | -3.9% |
| Land and buildings | 22 | €1,016,008 | €995,084 | -€20,924 | -2.1% |
| Leasing and similar rights | 25 | €48,781 | €28,108 | -€20,673 | -42.4% |
| Financial fixed assets | 28 | €9,958,384 | €9,958,384 | = | 0.0% |
| Current assets | 29/58 | €1,436,259 | €2,198,486 | +€762,226 | +53.1% |
| Amounts receivable after more than one year | 29 | €500,000 | €500,000 | = | 0.0% |
| Other amounts receivable | 291 | €500,000 | €500,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €716,693 | €820,944 | +€104,251 | +14.5% |
| Trade receivables | 40 | €149,345 | €235,243 | +€85,898 | +57.5% |
| Other amounts receivable | 41 | €567,348 | €585,701 | +€18,353 | +3.2% |
| Cash at bank and in hand | 54/58 | €165,179 | €793,516 | +€628,336 | +380% |
| Deferred charges and accrued income | 490/1 | €54,387 | €84,026 | +€29,639 | +54.5% |
| Total equity and liabilities | 10/49 | €12,459,433 | €13,180,062 | +€720,629 | +5.8% |
| Equity | 10/15 | €7,017,136 | €9,414,009 | +€2.4m | +34.2% |
| Contributions | 10/11 | €550,000 | €550,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,467,136 | €8,864,009 | +€2.4m | +37.1% |
| Provisions and deferred taxes | 16 | €239,500 | - | -€239,500 | |
| Provisions for liabilities and charges | 160/5 | €239,500 | - | -€239,500 | |
| Other liabilities and charges | 164/5 | €239,500 | - | -€239,500 | |
| Amounts payable | 17/49 | €5,202,797 | €3,766,053 | -€1.4m | -27.6% |
| Amounts payable after more than one year | 17 | €3,092,338 | €2,442,356 | -€649,982 | -21.0% |
| Financial debts | 170/4 | €3,092,338 | €2,442,356 | -€649,982 | -21.0% |
| Amounts payable within one year | 42/48 | €2,110,459 | €1,323,697 | -€786,762 | -37.3% |
| Current portion of amounts payable after more than one year | 42 | €730,072 | €648,145 | -€81,927 | -11.2% |
| Trade debts | 44 | €57,745 | €51,523 | -€6,222 | -10.8% |
| Suppliers | 440/4 | €57,745 | €51,523 | -€6,222 | -10.8% |
| Taxes, remuneration and social security | 45 | €144,876 | €181,262 | +€36,387 | +25.1% |
| Taxes | 450/3 | €92,633 | €129,598 | +€36,966 | +39.9% |
| Remuneration and social security | 454/9 | €52,243 | €51,664 | -€579 | -1.1% |
| Other amounts payable | 47/48 | €1,177,767 | €442,767 | -€735,000 | -62.4% |
| Remuneration, social security and pensions | 62 | €466,554 | €501,026 | +€34,472 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,919 | €35,173 | -€13,746 | -28.1% |
| Other operating charges | 640/8 | €15,805 | €16,488 | +€683 | +4.3% |
| Non-recurring operating charges | 66A | - | €147 | +€147 | |
| Gross operating margin | 9900 | €1,322,254 | €1,280,641 | -€41,613 | -3.1% |
| Operating profit (loss) | 9901 | €790,976 | €727,807 | -€63,169 | -8.0% |
| Financial income | 75/76B | €402,411 | €2,181,442 | +€1.8m | +442% |
| Recurring financial income | 75 | €402,411 | €2,181,442 | +€1.8m | +442% |
| Financial charges | 65/66B | €421,847 | €79,967 | -€341,880 | -81.0% |
| Recurring financial charges | 65 | €110,699 | €79,967 | -€30,732 | -27.8% |
| Non-recurring financial charges | 66B | €311,148 | - | -€311,148 | |
| Profit (loss) for the period before taxes | 9903 | €771,540 | €2,829,282 | +€2.1m | +267% |
| Income taxes | 67/77 | €40,594 | €132,409 | +€91,815 | +226% |
| Profit (loss) for the period | 9904 | €730,946 | €2,696,873 | +€2.0m | +269% |
| Profit (loss) for the period to be appropriated | 9905 | €730,946 | €2,696,873 | +€2.0m | +269% |
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 25 October 2026 via checked.be.