FIAGES: 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.
FIAGES
Largest movements
- Tangible fixed assets -€17,313
down €17,313 (-3.5%), from €493,878 to €476,565
of which Land and buildings: -€21,580
- Receivables within one year +€5,181
up €5,181 (+88.3%), from €5,866 to €11,047
of which Other amounts receivable: +€5,924
- Other debts -€8,098
down €8,098 (-2.0%), from €406,306 to €398,208
- Profit (loss) carried forward -€5,955
down €5,955 (-80.2%), from €7,428 to €1,473
- Gross operating margin +€10,808
up €10,808 (+41.3%), from €26,188 to €36,996
- Taxes +€4,378
up €4,378 (+1853.3%), from €236 to €4,614
- Other operating charges +€2,093
up €2,093 (+36.8%), from €5,690 to €7,783
- Depreciation -€1,593
down €1,593 (-4.8%), from €32,864 to €31,270
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 | €509,498 | €498,135 | -€11,363 | -2.2% |
| Fixed assets | 21/28 | €493,967 | €476,614 | -€17,353 | -3.5% |
| Intangible fixed assets | 21 | €40 | - | -€40 | |
| Tangible fixed assets | 22/27 | €493,878 | €476,565 | -€17,313 | -3.5% |
| Land and buildings | 22 | €447,466 | €425,887 | -€21,580 | -4.8% |
| Plant, machinery and equipment | 23 | - | €8,920 | +€8,920 | |
| Furniture and vehicles | 24 | €4,106 | €2,422 | -€1,684 | -41.0% |
| Other tangible fixed assets | 26 | €42,306 | €39,337 | -€2,969 | -7.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €15,531 | €21,521 | +€5,990 | +38.6% |
| Stocks and contracts in progress | 3 | €5,805 | €5,501 | -€304 | -5.2% |
| Stocks | 30/36 | €5,805 | €5,501 | -€304 | -5.2% |
| Amounts receivable within one year | 40/41 | €5,866 | €11,047 | +€5,181 | +88.3% |
| Trade receivables | 40 | €743 | - | -€743 | |
| Other amounts receivable | 41 | €5,123 | €11,047 | +€5,924 | +115.6% |
| Cash at bank and in hand | 54/58 | €3,643 | €4,288 | +€645 | +17.7% |
| Deferred charges and accrued income | 490/1 | €218 | €686 | +€468 | +214.7% |
| Total equity and liabilities | 10/49 | €509,498 | €498,135 | -€11,363 | -2.2% |
| Equity | 10/15 | €88,473 | €81,973 | -€6,500 | -7.3% |
| 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% |
| Reserves | 13 | €19,045 | €18,500 | -€545 | -2.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,845 | €12,300 | -€545 | -4.2% |
| Profit (loss) carried forward | 14 | €7,428 | €1,473 | -€5,955 | -80.2% |
| Provisions and deferred taxes | 16 | €2,495 | €2,214 | -€281 | -11.3% |
| Deferred taxes | 168 | €2,495 | €2,214 | -€281 | -11.3% |
| Amounts payable | 17/49 | €418,530 | €413,949 | -€4,582 | -1.1% |
| Amounts payable within one year | 42/48 | €418,530 | €413,949 | -€4,582 | -1.1% |
| Trade debts | 44 | €11,988 | €15,005 | +€3,017 | +25.2% |
| Suppliers | 440/4 | €11,988 | €15,005 | +€3,017 | +25.2% |
| Taxes, remuneration and social security | 45 | €236 | €736 | +€500 | +211.5% |
| Taxes | 450/3 | €236 | €736 | +€500 | +211.5% |
| Other amounts payable | 47/48 | €406,306 | €398,208 | -€8,098 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,864 | €31,270 | -€1,593 | -4.8% |
| Other operating charges | 640/8 | €5,690 | €7,783 | +€2,093 | +36.8% |
| Gross operating margin | 9900 | €26,188 | €36,996 | +€10,808 | +41.3% |
| Operating profit (loss) | 9901 | -€12,365 | -€2,057 | +€10,308 | +83.4% |
| Financial income | 75/76B | €311 | €30 | -€281 | -90.4% |
| Recurring financial income | 75 | €311 | €30 | -€281 | -90.4% |
| Financial charges | 65/66B | €126 | €140 | +€14 | +11.4% |
| Recurring financial charges | 65 | €126 | €140 | +€14 | +11.4% |
| Profit (loss) for the period before taxes | 9903 | -€12,180 | -€2,167 | +€10,013 | +82.2% |
| Transfer from deferred taxes | 780 | €281 | €281 | = | 0.0% |
| Income taxes | 67/77 | €236 | €4,614 | +€4,378 | +1853.3% |
| Profit (loss) for the period | 9904 | -€12,136 | -€6,500 | +€5,635 | +46.4% |
| Transfer from tax-exempt reserves | 789 | €545 | €545 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,591 | -€5,955 | +€5,635 | +48.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.