FiAsCo: 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.
FiAsCo
Largest movements
- Tangible fixed assets -€19,529
down €19,529 (-3.2%), from €604,582 to €585,053
of which Land and buildings: -€18,930
- Debts after one year -€26,677
down €26,677 (-4.3%), from €617,726 to €591,050
- Current portion of long-term debt +€11,584
up €11,584 (+67.1%), from €17,274 to €28,858
- Trade debts -€7,212
down €7,212 (-75.4%), from €9,559 to €2,347
- Gross operating margin +€61,777
up €61,777, from -€16,856 to €44,922
- Depreciation -€39,664
down €39,664 (-66.0%), from €60,118 to €20,454
- Financial charges -€10,432
down €10,432 (-32.0%), from €32,607 to €22,175
- Other operating charges -€1,520
down €1,520 (-48.9%), from €3,107 to €1,588
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 | €618,210 | €597,137 | -€21,073 | -3.4% |
| Fixed assets | 21/28 | €604,582 | €585,053 | -€19,529 | -3.2% |
| Tangible fixed assets | 22/27 | €604,582 | €585,053 | -€19,529 | -3.2% |
| Land and buildings | 22 | €594,187 | €575,258 | -€18,930 | -3.2% |
| Furniture and vehicles | 24 | €10,395 | €9,795 | -€600 | -5.8% |
| Current assets | 29/58 | €13,628 | €12,084 | -€1,544 | -11.3% |
| Amounts receivable within one year | 40/41 | €391 | €4,714 | +€4,323 | +1106.6% |
| Trade receivables | 40 | - | €4,052 | +€4,052 | |
| Other amounts receivable | 41 | €391 | €662 | +€271 | +69.4% |
| Cash at bank and in hand | 54/58 | €12,173 | €6,640 | -€5,533 | -45.5% |
| Deferred charges and accrued income | 490/1 | €1,064 | €730 | -€334 | -31.4% |
| Total equity and liabilities | 10/49 | €618,210 | €597,137 | -€21,073 | -3.4% |
| Equity | 10/15 | -€72,546 | -€71,841 | +€705 | +1.0% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€112,546 | -€111,841 | +€705 | +0.6% |
| Amounts payable | 17/49 | €690,756 | €668,978 | -€21,779 | -3.2% |
| Amounts payable after more than one year | 17 | €617,726 | €591,050 | -€26,677 | -4.3% |
| Financial debts | 170/4 | €617,726 | €591,050 | -€26,677 | -4.3% |
| Amounts payable within one year | 42/48 | €69,766 | €76,079 | +€6,314 | +9.0% |
| Current portion of amounts payable after more than one year | 42 | €17,274 | €28,858 | +€11,584 | +67.1% |
| Trade debts | 44 | €9,559 | €2,347 | -€7,212 | -75.4% |
| Suppliers | 440/4 | €9,559 | €2,347 | -€7,212 | -75.4% |
| Other amounts payable | 47/48 | €42,933 | €44,874 | +€1,941 | +4.5% |
| Accrued charges and deferred income | 492/3 | €3,264 | €1,849 | -€1,415 | -43.4% |
| Non-recurring operating income | 76A | €4,433 | - | -€4,433 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,118 | €20,454 | -€39,664 | -66.0% |
| Other operating charges | 640/8 | €3,107 | €1,588 | -€1,520 | -48.9% |
| Gross operating margin | 9900 | -€16,856 | €44,922 | +€61,777 | |
| Operating profit (loss) | 9901 | -€80,080 | €22,880 | +€102,961 | |
| Financial income | 75/76B | €142 | €0 | -€141 | -99.7% |
| Recurring financial income | 75 | €142 | €0 | -€141 | -99.7% |
| Financial charges | 65/66B | €32,607 | €22,175 | -€10,432 | -32.0% |
| Recurring financial charges | 65 | €32,607 | €22,175 | -€10,432 | -32.0% |
| Profit (loss) for the period before taxes | 9903 | -€112,546 | €705 | +€113,251 | |
| Profit (loss) for the period | 9904 | -€112,546 | €705 | +€113,251 | |
| Profit (loss) for the period to be appropriated | 9905 | -€112,546 | €705 | +€113,251 |
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 12 October 2026 via checked.be.