B-FISC: 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.
B-FISC
Largest movements
- Cash +€30,740
up €30,740 (+120%), from €25,616 to €56,356
mainly Net result for the year (+€29,171) and Depreciation (+€23,089)
- Tangible fixed assets +€20,737
up €20,737 (+14.8%), from €140,504 to €161,241
of which Land and buildings: +€22,936
- Deferred charges and accrued income -€7,144
down €7,144 (-90.7%), from €7,876 to €732
- Current portion of long-term debt +€20,987
up €20,987 (+128%), from €16,423 to €37,410
- Profit (loss) carried forward +€19,321
up €19,321 (+23.0%), from €83,823 to €103,144
- Trade debts -€17,335
down €17,335 (-28.7%), from €60,422 to €43,087
- Other debts +€12,945
up €12,945 (+275%), from €4,715 to €17,659
- Tax, wage and social debts +€4,541
up €4,541 (+7.7%), from €58,674 to €63,216
of which Remuneration and social security: +€12,454
- Staff costs +€33,685
up €33,685 (+43.7%), from €77,162 to €110,847
- Gross operating margin +€18,632
up €18,632 (+9.7%), from €192,422 to €211,053
- Financial charges +€5,337
up €5,337 (+121%), from €4,427 to €9,764
- Depreciation +€4,100
up €4,100 (+21.6%), from €18,988 to €23,089
- Taxes -€3,627
down €3,627 (-17.5%), from €20,665 to €17,038
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 | €338,122 | €382,302 | +€44,180 | +13.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €141,004 | €161,741 | +€20,737 | +14.7% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €140,504 | €161,241 | +€20,737 | +14.8% |
| Land and buildings | 22 | €130,175 | €153,111 | +€22,936 | +17.6% |
| Furniture and vehicles | 24 | €4,949 | €8,130 | +€3,181 | +64.3% |
| Assets under construction and advance payments | 27 | €5,380 | - | -€5,380 | |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €197,118 | €220,562 | +€23,443 | +11.9% |
| Amounts receivable within one year | 40/41 | €163,626 | €163,474 | -€152 | -0.1% |
| Trade receivables | 40 | €158,473 | €163,474 | +€5,001 | +3.2% |
| Other amounts receivable | 41 | €5,153 | - | -€5,153 | |
| Cash at bank and in hand | 54/58 | €25,616 | €56,356 | +€30,740 | +120% |
| Deferred charges and accrued income | 490/1 | €7,876 | €732 | -€7,144 | -90.7% |
| Total equity and liabilities | 10/49 | €338,122 | €382,302 | +€44,180 | +13.1% |
| Equity | 10/15 | €104,283 | €123,604 | +€19,321 | +18.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83,823 | €103,144 | +€19,321 | +23.0% |
| Amounts payable | 17/49 | €233,839 | €258,698 | +€24,859 | +10.6% |
| Amounts payable after more than one year | 17 | €91,682 | €95,598 | +€3,916 | +4.3% |
| Financial debts | 170/4 | €91,682 | €95,598 | +€3,916 | +4.3% |
| Amounts payable within one year | 42/48 | €140,721 | €161,372 | +€20,651 | +14.7% |
| Current portion of amounts payable after more than one year | 42 | €16,423 | €37,410 | +€20,987 | +128% |
| Trade debts | 44 | €60,422 | €43,087 | -€17,335 | -28.7% |
| Suppliers | 440/4 | €60,422 | €43,087 | -€17,335 | -28.7% |
| Advances received on contracts in progress | 46 | €488 | - | -€488 | |
| Taxes, remuneration and social security | 45 | €58,674 | €63,216 | +€4,541 | +7.7% |
| Taxes | 450/3 | €45,721 | €37,808 | -€7,913 | -17.3% |
| Remuneration and social security | 454/9 | €12,953 | €25,408 | +€12,454 | +96.1% |
| Other amounts payable | 47/48 | €4,715 | €17,659 | +€12,945 | +275% |
| Accrued charges and deferred income | 492/3 | €1,435 | €1,728 | +€293 | +20.4% |
| Non-recurring operating income | 76A | - | €9,050 | +€9,050 | |
| Remuneration, social security and pensions | 62 | €77,162 | €110,847 | +€33,685 | +43.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,988 | €23,089 | +€4,100 | +21.6% |
| Other operating charges | 640/8 | €21,310 | €23,075 | +€1,765 | +8.3% |
| Non-recurring operating charges | 66A | €4,000 | - | -€4,000 | |
| Gross operating margin | 9900 | €192,422 | €211,053 | +€18,632 | +9.7% |
| Operating profit (loss) | 9901 | €70,961 | €54,042 | -€16,918 | -23.8% |
| Financial income | 75/76B | €16 | €1,932 | +€1,916 | +11,980% |
| Recurring financial income | 75 | €16 | €1,932 | +€1,916 | +11,980% |
| Financial charges | 65/66B | €4,427 | €9,764 | +€5,337 | +121% |
| Recurring financial charges | 65 | €4,427 | €9,764 | +€5,337 | +121% |
| Profit (loss) for the period before taxes | 9903 | €66,549 | €46,209 | -€20,340 | -30.6% |
| Income taxes | 67/77 | €20,665 | €17,038 | -€3,627 | -17.5% |
| Profit (loss) for the period | 9904 | €45,884 | €29,171 | -€16,713 | -36.4% |
| Profit (loss) for the period to be appropriated | 9905 | €45,884 | €29,171 | -€16,713 | -36.4% |
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 18 October 2026 via checked.be.