FASSIPHONE BELGIUM: 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.
FASSIPHONE BELGIUM
Largest movements
- Stocks and contracts +€201,896
up €201,896 (+143%), from €141,384 to €343,280
- Cash -€40,462
down €40,462 (-54.2%), from €74,710 to €34,248
mainly Stocks and contracts (-€201,896) and Debts after one year (-€33,393)
- Receivables within one year -€10,250
down €10,250 (-32.8%), from €31,250 to €21,000
of which Trade receivables: -€10,250
- Trade debts +€152,561
up €152,561 (+191%), from €80,018 to €232,579
- Debts after one year -€33,393
down €33,393 (-9.3%), from €359,217 to €325,823
- Profit (loss) carried forward +€21,642
up €21,642 (+8.8%), from €246,446 to €268,088
- Purchases and services -€86,000
down €86,000 (-13.4%), from €643,112 to €557,112
- Gross operating margin +€26,158
up €26,158 (+28.9%), from €90,479 to €116,636
- Staff costs +€13,004
up €13,004 (+20.3%), from €63,932 to €76,937
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 | €847,773 | €991,971 | +€144,198 | +17.0% |
| Fixed assets | 21/28 | €600,428 | €593,443 | -€6,985 | -1.2% |
| Tangible fixed assets | 22/27 | €23,110 | €16,124 | -€6,985 | -30.2% |
| Furniture and vehicles | 24 | €15,364 | €10,395 | -€4,969 | -32.3% |
| Other tangible fixed assets | 26 | €7,746 | €5,730 | -€2,017 | -26.0% |
| Financial fixed assets | 28 | €577,318 | €577,318 | = | 0.0% |
| Current assets | 29/58 | €247,344 | €398,528 | +€151,184 | +61.1% |
| Stocks and contracts in progress | 3 | €141,384 | €343,280 | +€201,896 | +143% |
| Stocks | 30/36 | €141,384 | €343,280 | +€201,896 | +143% |
| Amounts receivable within one year | 40/41 | €31,250 | €21,000 | -€10,250 | -32.8% |
| Trade receivables | 40 | €10,250 | - | -€10,250 | |
| Other amounts receivable | 41 | €21,000 | €21,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €74,710 | €34,248 | -€40,462 | -54.2% |
| Total equity and liabilities | 10/49 | €847,773 | €991,971 | +€144,198 | +17.0% |
| Equity | 10/15 | €349,446 | €371,088 | +€21,642 | +6.2% |
| Contributions | 10/11 | €40,902 | €40,902 | = | 0.0% |
| Capital | 10 | €40,902 | €40,902 | = | 0.0% |
| Issued capital | 100 | €40,902 | €40,902 | = | 0.0% |
| Reserves | 13 | €62,098 | €62,098 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,090 | €4,090 | = | 0.0% |
| Legal reserve | 130 | €4,090 | €4,090 | = | 0.0% |
| Distributable reserves | 133 | €58,008 | €58,008 | = | 0.0% |
| Profit (loss) carried forward | 14 | €246,446 | €268,088 | +€21,642 | +8.8% |
| Amounts payable | 17/49 | €498,326 | €620,883 | +€122,556 | +24.6% |
| Amounts payable after more than one year | 17 | €359,217 | €325,823 | -€33,393 | -9.3% |
| Financial debts | 170/4 | €359,217 | €325,823 | -€33,393 | -9.3% |
| Amounts payable within one year | 42/48 | €139,109 | €295,059 | +€155,950 | +112% |
| Current portion of amounts payable after more than one year | 42 | €48,110 | €48,687 | +€576 | +1.2% |
| Trade debts | 44 | €80,018 | €232,579 | +€152,561 | +191% |
| Suppliers | 440/4 | €80,018 | €232,579 | +€152,561 | +191% |
| Taxes, remuneration and social security | 45 | €10,981 | €13,793 | +€2,812 | +25.6% |
| Taxes | 450/3 | €10,981 | €13,793 | +€2,812 | +25.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €643,112 | €557,112 | -€86,000 | -13.4% |
| Remuneration, social security and pensions | 62 | €63,932 | €76,937 | +€13,004 | +20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,023 | €8,167 | -€856 | -9.5% |
| Other operating charges | 640/8 | €8,080 | €7,766 | -€313 | -3.9% |
| Gross operating margin | 9900 | €90,479 | €116,636 | +€26,158 | +28.9% |
| Operating profit (loss) | 9901 | €9,443 | €23,766 | +€14,322 | +152% |
| Financial charges | 65/66B | €14,080 | €13,270 | -€810 | -5.7% |
| Recurring financial charges | 65 | €14,080 | €13,270 | -€810 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,636 | €10,496 | +€15,132 | |
| Profit (loss) for the period | 9904 | -€4,636 | €10,496 | +€15,132 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,636 | €10,496 | +€15,132 |
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 17 October 2026 via checked.be.