FIRECROSS: 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.
FIRECROSS
Largest movements
- Financial fixed assets +€4.7m
up €4.7m (+170%), from €2.8m to €7.5m
- Stocks and contracts -€1.4m
no longer reported in 2025 (was €1.4m)
- Receivables within one year -€455,488
down €455,488 (-3.4%), from €13.4m to €12.9m
of which Trade receivables: -€599,200
- Profit (loss) carried forward +€2.6m
up €2.6m, from -€2.0m to €564,799
- Short-term financial debts -€2.0m
no longer reported in 2025 (was €2.0m)
- Other debts +€1.9m
up €1.9m (+11.4%), from €16.4m to €18.3m
- Tax, wage and social debts +€444,823
up €444,823 (+5,209%), from €8,539 to €453,362
- Gross operating margin +€3.1m
up €3.1m, from -€70,154 to €3.0m
- Taxes +€453,362
new in 2025: €453,362
- Financial charges -€70,961
down €70,961 (-65.1%), from €109,045 to €38,084
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 | €17,497,728 | €20,391,262 | +€2.9m | +16.5% |
| Fixed assets | 21/28 | €2,769,521 | €7,472,021 | +€4.7m | +170% |
| Financial fixed assets | 28 | €2,769,521 | €7,472,021 | +€4.7m | +170% |
| Current assets | 29/58 | €14,728,207 | €12,919,242 | -€1.8m | -12.3% |
| Stocks and contracts in progress | 3 | €1,356,965 | - | -€1.4m | |
| Stocks | 30/36 | €1,356,965 | - | -€1.4m | |
| Amounts receivable within one year | 40/41 | €13,369,038 | €12,913,550 | -€455,488 | -3.4% |
| Trade receivables | 40 | €599,200 | - | -€599,200 | |
| Other amounts receivable | 41 | €12,769,838 | €12,913,550 | +€143,712 | +1.1% |
| Cash at bank and in hand | 54/58 | €2,204 | €5,692 | +€3,488 | +158% |
| Total equity and liabilities | 10/49 | €17,497,728 | €20,391,262 | +€2.9m | +16.5% |
| Equity | 10/15 | -€1,958,913 | €626,799 | +€2.6m | |
| 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% |
| Profit (loss) carried forward | 14 | -€2,020,913 | €564,799 | +€2.6m | |
| Amounts payable | 17/49 | €19,456,640 | €19,764,463 | +€307,823 | +1.6% |
| Amounts payable after more than one year | 17 | €1,055,281 | €1,055,281 | = | 0.0% |
| Financial debts | 170/4 | €1,055,281 | €1,055,281 | = | 0.0% |
| Amounts payable within one year | 42/48 | €18,401,359 | €18,709,182 | +€307,823 | +1.7% |
| Financial debts | 43 | €2,000,000 | - | -€2.0m | |
| Credit institutions | 430/8 | €2,000,000 | - | -€2.0m | |
| Trade debts | 44 | €55 | €55 | = | 0.0% |
| Suppliers | 440/4 | €55 | €55 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €8,539 | €453,362 | +€444,823 | +5,209% |
| Taxes | 450/3 | €8,539 | €453,362 | +€444,823 | +5,209% |
| Other amounts payable | 47/48 | €16,392,766 | €18,255,766 | +€1.9m | +11.4% |
| Other operating charges | 640/8 | €2,079 | €2,143 | +€63 | +3.0% |
| Gross operating margin | 9900 | -€70,154 | €3,044,300 | +€3.1m | |
| Operating profit (loss) | 9901 | -€72,233 | €3,042,157 | +€3.1m | |
| Financial income | 75/76B | €5,320 | €35,000 | +€29,680 | +558% |
| Recurring financial income | 75 | €5,320 | €35,000 | +€29,680 | +558% |
| Non-recurring financial income | 76B | €5,320 | €35,000 | +€29,680 | +558% |
| Financial charges | 65/66B | €109,045 | €38,084 | -€70,961 | -65.1% |
| Recurring financial charges | 65 | €109,045 | €38,084 | -€70,961 | -65.1% |
| Profit (loss) for the period before taxes | 9903 | -€175,958 | €3,039,073 | +€3.2m | |
| Income taxes | 67/77 | - | €453,362 | +€453,362 | |
| Profit (loss) for the period | 9904 | -€175,958 | €2,585,712 | +€2.8m | |
| Profit (loss) for the period to be appropriated | 9905 | -€175,958 | €2,585,712 | +€2.8m |
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 15 October 2026 via checked.be.