Firas: 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.
Firas
Largest movements
- Cash -€45,218
down €45,218 (-27.3%), from €165,629 to €120,410
mainly Contributions, distributions and other (-€440,170) and Other debts (-€52,185)
- Tangible fixed assets -€19,961
down €19,961 (-23.5%), from €84,963 to €65,002
- Other debts -€52,185
down €52,185 (-11.6%), from €450,600 to €398,415
- Tax, wage and social debts -€7,500
down €7,500 (-38.1%), from €19,700 to €12,200
of which Taxes: -€13,800
- Gross operating margin -€13,624
down €13,624 (-2.2%), from €616,722 to €603,098
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 | €509,301 | €449,601 | -€59,700 | -11.7% |
| Fixed assets | 21/28 | €84,963 | €65,502 | -€19,461 | -22.9% |
| Tangible fixed assets | 22/27 | €84,963 | €65,002 | -€19,961 | -23.5% |
| Furniture and vehicles | 24 | €84,963 | €65,002 | -€19,961 | -23.5% |
| Financial fixed assets | 28 | - | €500 | +€500 | |
| Current assets | 29/58 | €424,338 | €384,100 | -€40,239 | -9.5% |
| Amounts receivable within one year | 40/41 | €233,475 | €235,581 | +€2,106 | +0.9% |
| Trade receivables | 40 | - | €100 | +€100 | |
| Other amounts receivable | 41 | €233,475 | €235,481 | +€2,006 | +0.9% |
| Cash at bank and in hand | 54/58 | €165,629 | €120,410 | -€45,218 | -27.3% |
| Deferred charges and accrued income | 490/1 | €25,235 | €28,108 | +€2,873 | +11.4% |
| Total equity and liabilities | 10/49 | €509,301 | €449,601 | -€59,700 | -11.7% |
| Equity | 10/15 | €38,786 | €38,786 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €33,786 | €33,786 | = | 0.0% |
| Distributable reserves | 133 | €33,786 | €33,786 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €470,515 | €410,815 | -€59,700 | -12.7% |
| Amounts payable within one year | 42/48 | €470,515 | €410,615 | -€59,900 | -12.7% |
| Trade debts | 44 | €215 | €0 | -€215 | -100.0% |
| Suppliers | 440/4 | €215 | €0 | -€215 | -100.0% |
| Taxes, remuneration and social security | 45 | €19,700 | €12,200 | -€7,500 | -38.1% |
| Taxes | 450/3 | €19,700 | €5,900 | -€13,800 | -70.1% |
| Remuneration and social security | 454/9 | - | €6,300 | +€6,300 | |
| Other amounts payable | 47/48 | €450,600 | €398,415 | -€52,185 | -11.6% |
| Accrued charges and deferred income | 492/3 | - | €200 | +€200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,824 | €22,260 | +€436 | +2.0% |
| Other operating charges | 640/8 | €691 | €653 | -€39 | -5.6% |
| Gross operating margin | 9900 | €616,722 | €603,098 | -€13,624 | -2.2% |
| Operating profit (loss) | 9901 | €594,207 | €580,185 | -€14,021 | -2.4% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €263 | €75 | -€188 | -71.5% |
| Recurring financial charges | 65 | €263 | €75 | -€188 | -71.5% |
| Profit (loss) for the period before taxes | 9903 | €593,943 | €580,110 | -€13,833 | -2.3% |
| Income taxes | 67/77 | €143,781 | €139,941 | -€3,841 | -2.7% |
| Profit (loss) for the period | 9904 | €450,162 | €440,170 | -€9,992 | -2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €450,162 | €440,170 | -€9,992 | -2.2% |
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 4 October 2026 via checked.be.