FIRESYSTEM: 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.
FIRESYSTEM
Largest movements
- Cash +€14,803
up €14,803 (+57.0%), from €25,990 to €40,793
mainly Net result for the year (+€28,732) and Depreciation (+€7,491)
- Receivables within one year +€7,198
up €7,198 (+156.4%), from €4,602 to €11,800
of which Other amounts receivable: +€3,676
- Stocks and contracts +€4,144
up €4,144 (+94.6%), from €4,382 to €8,526
- Intangible fixed assets -€1,000
down €1,000 (-24.6%), from €4,067 to €3,067
- Profit (loss) carried forward +€28,732
up €28,732 (+104.6%), from €27,481 to €56,213
- Other debts -€7,009
down €7,009 (-42.1%), from €16,652 to €9,643
- Tax, wage and social debts +€2,341
up €2,341 (+97.8%), from €2,393 to €4,734
- Trade debts +€1,571
up €1,571 (+48.0%), from €3,277 to €4,848
- Gross operating margin +€3,528
up €3,528 (+8.7%), from €40,723 to €44,251
- Depreciation +€1,396
up €1,396 (+22.9%), from €6,096 to €7,491
- Financial charges +€816
up €816 (+3850.2%), from €21 to €837
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 | €52,803 | €78,438 | +€25,636 | +48.5% |
| Fixed assets | 21/28 | €17,668 | €16,984 | -€684 | -3.9% |
| Intangible fixed assets | 21 | €4,067 | €3,067 | -€1,000 | -24.6% |
| Tangible fixed assets | 22/27 | €13,601 | €13,916 | +€316 | +2.3% |
| Plant, machinery and equipment | 23 | €2,563 | €3,097 | +€534 | +20.8% |
| Furniture and vehicles | 24 | €11,037 | €8,460 | -€2,577 | -23.3% |
| Other tangible fixed assets | 26 | - | €2,359 | +€2,359 | |
| Current assets | 29/58 | €35,135 | €61,455 | +€26,320 | +74.9% |
| Stocks and contracts in progress | 3 | €4,382 | €8,526 | +€4,144 | +94.6% |
| Stocks | 30/36 | €4,382 | €8,526 | +€4,144 | +94.6% |
| Amounts receivable within one year | 40/41 | €4,602 | €11,800 | +€7,198 | +156.4% |
| Trade receivables | 40 | €2,282 | €5,804 | +€3,522 | +154.3% |
| Other amounts receivable | 41 | €2,320 | €5,996 | +€3,676 | +158.5% |
| Cash at bank and in hand | 54/58 | €25,990 | €40,793 | +€14,803 | +57.0% |
| Deferred charges and accrued income | 490/1 | €161 | €336 | +€175 | +108.8% |
| Total equity and liabilities | 10/49 | €52,803 | €78,438 | +€25,636 | +48.5% |
| Equity | 10/15 | €30,481 | €59,213 | +€28,732 | +94.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,481 | €56,213 | +€28,732 | +104.6% |
| Amounts payable | 17/49 | €22,322 | €19,225 | -€3,097 | -13.9% |
| Amounts payable within one year | 42/48 | €22,322 | €19,225 | -€3,097 | -13.9% |
| Trade debts | 44 | €3,277 | €4,848 | +€1,571 | +48.0% |
| Suppliers | 440/4 | €3,277 | €4,848 | +€1,571 | +48.0% |
| Taxes, remuneration and social security | 45 | €2,393 | €4,734 | +€2,341 | +97.8% |
| Taxes | 450/3 | €2,393 | €4,734 | +€2,341 | +97.8% |
| Other amounts payable | 47/48 | €16,652 | €9,643 | -€7,009 | -42.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,096 | €7,491 | +€1,396 | +22.9% |
| Other operating charges | 640/8 | €50 | €198 | +€148 | +297.6% |
| Gross operating margin | 9900 | €40,723 | €44,251 | +€3,528 | +8.7% |
| Operating profit (loss) | 9901 | €34,577 | €36,561 | +€1,984 | +5.7% |
| Financial income | 75/76B | €12 | €159 | +€147 | +1209.6% |
| Recurring financial income | 75 | €12 | €159 | +€147 | +1209.6% |
| Financial charges | 65/66B | €21 | €837 | +€816 | +3850.2% |
| Recurring financial charges | 65 | €21 | €837 | +€816 | +3850.2% |
| Profit (loss) for the period before taxes | 9903 | €34,568 | €35,883 | +€1,315 | +3.8% |
| Income taxes | 67/77 | €7,087 | €7,151 | +€64 | +0.9% |
| Profit (loss) for the period | 9904 | €27,481 | €28,732 | +€1,251 | +4.6% |
| Profit (loss) for the period to be appropriated | 9905 | €27,481 | €28,732 | +€1,251 | +4.6% |
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 12 October 2026 via checked.be.