FIRE INVEST: 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.
FIRE INVEST
Largest movements
- Receivables within one year +€43,229
up €43,229 (+56.0%), from €77,143 to €120,371
of which Other amounts receivable: +€43,938
- Trade debts +€32,026
up €32,026 (+878%), from €3,648 to €35,673
- Tax, wage and social debts +€5,562
up €5,562 (+763%), from €729 to €6,291
- Reserves +€4,648
up €4,648 (+4.8%), from €96,041 to €100,689
of which Distributable reserves: +€4,648
- Gross operating margin -€2,919
down €2,919 (-13.0%), from €22,537 to €19,618
- Financial charges +€1,798
up €1,798 (+431%), from €417 to €2,215
- Other operating charges -€425
down €425 (-43.3%), from €982 to €557
- Taxes +€364
up €364 (+8.5%), from €4,302 to €4,666
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 | €206,746 | €247,918 | +€41,172 | +19.9% |
| Fixed assets | 21/28 | €122,650 | €122,613 | -€37 | 0.0% |
| Tangible fixed assets | 22/27 | €122,650 | €122,613 | -€37 | 0.0% |
| Land and buildings | 22 | €122,613 | €122,613 | = | 0.0% |
| Furniture and vehicles | 24 | €37 | €0 | -€37 | -100% |
| Current assets | 29/58 | €84,096 | €125,305 | +€41,209 | +49.0% |
| Amounts receivable within one year | 40/41 | €77,143 | €120,371 | +€43,229 | +56.0% |
| Trade receivables | 40 | €74,727 | €74,018 | -€709 | -0.9% |
| Other amounts receivable | 41 | €2,416 | €46,354 | +€43,938 | +1,819% |
| Cash at bank and in hand | 54/58 | €6,953 | €4,933 | -€2,020 | -29.0% |
| Total equity and liabilities | 10/49 | €206,746 | €247,918 | +€41,172 | +19.9% |
| Equity | 10/15 | €171,041 | €175,689 | +€4,648 | +2.7% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €96,041 | €100,689 | +€4,648 | +4.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €96,041 | €100,689 | +€4,648 | +4.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €35,704 | €72,229 | +€36,524 | +102% |
| Amounts payable within one year | 42/48 | €35,704 | €71,048 | +€35,343 | +99.0% |
| Trade debts | 44 | €3,648 | €35,673 | +€32,026 | +878% |
| Suppliers | 440/4 | €3,648 | €35,673 | +€32,026 | +878% |
| Taxes, remuneration and social security | 45 | €729 | €6,291 | +€5,562 | +763% |
| Taxes | 450/3 | €729 | €6,291 | +€5,562 | +763% |
| Other amounts payable | 47/48 | €31,328 | €29,084 | -€2,244 | -7.2% |
| Accrued charges and deferred income | 492/3 | - | €1,181 | +€1,181 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67 | €37 | -€30 | -45.1% |
| Other operating charges | 640/8 | €982 | €557 | -€425 | -43.3% |
| Gross operating margin | 9900 | €22,537 | €19,618 | -€2,919 | -13.0% |
| Operating profit (loss) | 9901 | €21,488 | €19,024 | -€2,464 | -11.5% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €417 | €2,215 | +€1,798 | +431% |
| Recurring financial charges | 65 | €417 | €2,215 | +€1,798 | +431% |
| Profit (loss) for the period before taxes | 9903 | €21,071 | €16,814 | -€4,257 | -20.2% |
| Income taxes | 67/77 | €4,302 | €4,666 | +€364 | +8.5% |
| Profit (loss) for the period | 9904 | €16,769 | €12,148 | -€4,621 | -27.6% |
| Profit (loss) for the period to be appropriated | 9905 | €16,769 | €12,148 | -€4,621 | -27.6% |
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 1 November 2026 via checked.be.