FireWise: 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.
FireWise
Largest movements
- Intangible fixed assets -€4,848
down €4,848 (-28.5%), from €17,026 to €12,178
- Receivables within one year -€2,191
down €2,191 (-23.9%), from €9,154 to €6,963
- Cash -€483
down €483 (-8.2%), from €5,877 to €5,394
mainly Net result for the year (-€6,201) and Trade debts (-€2,605)
- Formation expenses -€475
no longer reported in 2025 (was €475)
- Profit (loss) carried forward -€6,201
down €6,201 (-55.9%), from -€11,086 to -€17,286
- Trade debts -€2,605
down €2,605 (-79.1%), from €3,295 to €690
- Tax, wage and social debts +€857
up €857 (+189.4%), from €452 to €1,309
- Gross operating margin -€1,889
down €1,889, from €1,399 to -€490
- Depreciation -€1,210
down €1,210 (-18.5%), from €6,533 to €5,323
- Other operating charges +€108
up €108 (+174.2%), from €62 to €170
- Financial charges +€103
up €103 (+89.5%), from €115 to €218
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 | €32,662 | €24,712 | -€7,950 | -24.3% |
| Formation expenses | 20 | €475 | - | -€475 | |
| Fixed assets | 21/28 | €17,026 | €12,178 | -€4,848 | -28.5% |
| Intangible fixed assets | 21 | €17,026 | €12,178 | -€4,848 | -28.5% |
| Current assets | 29/58 | €15,160 | €12,534 | -€2,627 | -17.3% |
| Amounts receivable within one year | 40/41 | €9,154 | €6,963 | -€2,191 | -23.9% |
| Trade receivables | 40 | €9,154 | €6,963 | -€2,191 | -23.9% |
| Cash at bank and in hand | 54/58 | €5,877 | €5,394 | -€483 | -8.2% |
| Deferred charges and accrued income | 490/1 | €130 | €177 | +€47 | +36.5% |
| Total equity and liabilities | 10/49 | €32,662 | €24,712 | -€7,950 | -24.3% |
| Equity | 10/15 | €28,914 | €22,714 | -€6,201 | -21.4% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,086 | -€17,286 | -€6,201 | -55.9% |
| Amounts payable | 17/49 | €3,747 | €1,999 | -€1,749 | -46.7% |
| Amounts payable within one year | 42/48 | €3,747 | €1,999 | -€1,749 | -46.7% |
| Trade debts | 44 | €3,295 | €690 | -€2,605 | -79.1% |
| Suppliers | 440/4 | €3,295 | €690 | -€2,605 | -79.1% |
| Taxes, remuneration and social security | 45 | €452 | €1,309 | +€857 | +189.4% |
| Taxes | 450/3 | €452 | €1,309 | +€857 | +189.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,533 | €5,323 | -€1,210 | -18.5% |
| Other operating charges | 640/8 | €62 | €170 | +€108 | +174.2% |
| Gross operating margin | 9900 | €1,399 | -€490 | -€1,889 | |
| Operating profit (loss) | 9901 | -€5,196 | -€5,983 | -€787 | -15.2% |
| Financial charges | 65/66B | €115 | €218 | +€103 | +89.5% |
| Recurring financial charges | 65 | €115 | €218 | +€103 | +89.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,311 | -€6,201 | -€890 | -16.8% |
| Profit (loss) for the period | 9904 | -€5,311 | -€6,201 | -€890 | -16.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,311 | -€6,201 | -€890 | -16.8% |
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.