DR. FISCHER: 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.
DR. FISCHER
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts +€7,160
up €7,160 (+5.0%), from €142,887 to €150,047
- Profit (loss) carried forward -€6,552
down €6,552 (-3.2%), from -€204,775 to -€211,327
- Trade debts -€608
no longer reported in 2025 (was €608)
- Gross operating margin -€289
down €289 (-4.8%), from -€5,965 to -€6,254
- Financial charges -€79
down €79 (-100%), from €79 to €0
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €720 | €720 | = | 0.0% |
| Fixed assets | 21/28 | €720 | €720 | = | 0.0% |
| Financial fixed assets | 28 | €720 | €720 | = | 0.0% |
| Total equity and liabilities | 10/49 | €720 | €720 | = | 0.0% |
| Equity | 10/15 | -€142,775 | -€149,327 | -€6,552 | -4.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€204,775 | -€211,327 | -€6,552 | -3.2% |
| Amounts payable | 17/49 | €143,495 | €150,047 | +€6,552 | +4.6% |
| Amounts payable within one year | 42/48 | €143,495 | €150,047 | +€6,552 | +4.6% |
| Trade debts | 44 | €608 | - | -€608 | |
| Suppliers | 440/4 | €608 | - | -€608 | |
| Other amounts payable | 47/48 | €142,887 | €150,047 | +€7,160 | +5.0% |
| Gross operating margin | 9900 | -€5,965 | -€6,254 | -€289 | -4.8% |
| Operating profit (loss) | 9901 | -€5,965 | -€6,254 | -€289 | -4.8% |
| Financial charges | 65/66B | €79 | €0 | -€79 | -100% |
| Recurring financial charges | 65 | €79 | €0 | -€79 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€6,044 | -€6,254 | -€210 | -3.5% |
| Profit (loss) for the period | 9904 | -€6,044 | -€6,254 | -€210 | -3.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,044 | -€6,254 | -€210 | -3.5% |
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.