FI²: what changed
Two fiscal 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.
FI²
Largest movements
- Current investments +€50,000
up €50,000 (+142.9%), from €35,000 to €85,000
- Receivables within one year -€4,839
down €4,839 (-90.1%), from €5,368 to €529
of which Other amounts receivable: -€2,784
- Tangible fixed assets -€2,353
down €2,353 (-11.5%), from €20,491 to €18,138
- Reserves +€19,799
up €19,799 (+19.6%), from €101,039 to €120,837
of which Distributable reserves: +€19,799
- Other debts +€17,484
up €17,484 (+157.9%), from €11,070 to €28,554
- Tax, wage and social debts +€6,265
up €6,265 (+133.1%), from €4,705 to €10,970
- Gross operating margin +€19,973
up €19,973 (+34.8%), from €57,430 to €77,402
- Taxes +€7,435
up €7,435 (+54.6%), from €13,626 to €21,062
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.
Cash bridge derived
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 | €153,237 | €195,971 | +€42,734 | +27.9% |
| Fixed assets | 21/28 | €20,491 | €18,138 | -€2,353 | -11.5% |
| Tangible fixed assets | 22/27 | €20,491 | €18,138 | -€2,353 | -11.5% |
| Plant, machinery and equipment | 23 | €20,491 | €18,138 | -€2,353 | -11.5% |
| Current assets | 29/58 | €132,746 | €177,833 | +€45,086 | +34.0% |
| Amounts receivable within one year | 40/41 | €5,368 | €529 | -€4,839 | -90.1% |
| Trade receivables | 40 | €2,055 | - | -€2,055 | |
| Other amounts receivable | 41 | €3,313 | €529 | -€2,784 | -84.0% |
| Current investments | 50/53 | €35,000 | €85,000 | +€50,000 | +142.9% |
| Cash at bank and in hand | 54/58 | €88,542 | €87,754 | -€787 | -0.9% |
| Deferred charges and accrued income | 490/1 | €3,837 | €4,549 | +€712 | +18.6% |
| Total equity and liabilities | 10/49 | €153,237 | €195,971 | +€42,734 | +27.9% |
| Equity | 10/15 | €135,207 | €155,005 | +€19,799 | +14.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €101,039 | €120,837 | +€19,799 | +19.6% |
| Tax-exempt reserves | 132 | €21,050 | €21,050 | = | 0.0% |
| Distributable reserves | 133 | €79,989 | €99,787 | +€19,799 | +24.8% |
| Profit (loss) carried forward | 14 | €32,168 | €32,168 | = | 0.0% |
| Amounts payable | 17/49 | €18,031 | €40,966 | +€22,935 | +127.2% |
| Amounts payable within one year | 42/48 | €18,031 | €40,966 | +€22,935 | +127.2% |
| Trade debts | 44 | €2,256 | €1,442 | -€814 | -36.1% |
| Suppliers | 440/4 | €2,256 | €1,442 | -€814 | -36.1% |
| Taxes, remuneration and social security | 45 | €4,705 | €10,970 | +€6,265 | +133.1% |
| Taxes | 450/3 | €4,705 | €10,970 | +€6,265 | +133.1% |
| Other amounts payable | 47/48 | €11,070 | €28,554 | +€17,484 | +157.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,353 | €2,353 | = | 0.0% |
| Other operating charges | 640/8 | €508 | €551 | +€42 | +8.3% |
| Gross operating margin | 9900 | €57,430 | €77,402 | +€19,973 | +34.8% |
| Operating profit (loss) | 9901 | €54,568 | €74,499 | +€19,930 | +36.5% |
| Financial income | 75/76B | €65 | - | -€65 | |
| Recurring financial income | 75 | €65 | - | -€65 | |
| Financial charges | 65/66B | €3,091 | €3,639 | +€547 | +17.7% |
| Recurring financial charges | 65 | €3,091 | €3,639 | +€547 | +17.7% |
| Profit (loss) for the period before taxes | 9903 | €51,542 | €70,860 | +€19,318 | +37.5% |
| Income taxes | 67/77 | €13,626 | €21,062 | +€7,435 | +54.6% |
| Profit (loss) for the period | 9904 | €37,916 | €49,799 | +€11,883 | +31.3% |
| Transfer to tax-exempt reserves | 689 | €21,050 | - | -€21,050 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,866 | €49,799 | +€32,933 | +195.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.