FISC AND CO: 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.
FISC AND CO
Largest movements
- Current investments +€140,079
up €140,079 (+51.0%), from €274,847 to €414,926
- Cash -€44,419
down €44,419 (-23.2%), from €191,378 to €146,959
mainly Current investments (-€140,079) and Receivables within one year (-€24,416)
- Tangible fixed assets -€36,207
down €36,207 (-15.6%), from €231,605 to €195,398
of which Land and buildings: -€27,726
- Receivables within one year +€24,416
up €24,416 (+630%), from €3,878 to €28,294
of which Trade receivables: +€20,257
- Reserves +€80,169
up €80,169 (+18.7%), from €429,079 to €509,248
- Taxes -€15,669
down €15,669 (-32.4%), from €48,353 to €32,684
- Gross operating margin -€14,092
down €14,092 (-6.7%), from €209,342 to €195,250
- Financial income -€7,198
down €7,198 (-62.2%), from €11,568 to €4,370
- Depreciation +€5,442
up €5,442 (+14.9%), from €36,529 to €41,970
- Other operating charges -€3,942
down €3,942 (-63.7%), from €6,186 to €2,244
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 | €702,078 | €785,946 | +€83,869 | +11.9% |
| Fixed assets | 21/28 | €231,975 | €195,768 | -€36,207 | -15.6% |
| Tangible fixed assets | 22/27 | €231,605 | €195,398 | -€36,207 | -15.6% |
| Land and buildings | 22 | €174,597 | €146,871 | -€27,726 | -15.9% |
| Plant, machinery and equipment | 23 | €434 | €1,194 | +€760 | +175% |
| Furniture and vehicles | 24 | €56,573 | €47,332 | -€9,241 | -16.3% |
| Financial fixed assets | 28 | €370 | €370 | = | 0.0% |
| Current assets | 29/58 | €470,103 | €590,178 | +€120,076 | +25.5% |
| Amounts receivable within one year | 40/41 | €3,878 | €28,294 | +€24,416 | +630% |
| Trade receivables | 40 | €3,878 | €24,135 | +€20,257 | +522% |
| Other amounts receivable | 41 | - | €4,160 | +€4,160 | |
| Current investments | 50/53 | €274,847 | €414,926 | +€140,079 | +51.0% |
| Cash at bank and in hand | 54/58 | €191,378 | €146,959 | -€44,419 | -23.2% |
| Total equity and liabilities | 10/49 | €702,078 | €785,946 | +€83,869 | +11.9% |
| Equity | 10/15 | €655,595 | €735,764 | +€80,169 | +12.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €429,079 | €509,248 | +€80,169 | +18.7% |
| Distributable reserves | 133 | €429,079 | €509,248 | +€80,169 | +18.7% |
| Profit (loss) carried forward | 14 | €207,916 | €207,916 | = | 0.0% |
| Amounts payable | 17/49 | €46,483 | €50,182 | +€3,699 | +8.0% |
| Amounts payable within one year | 42/48 | €46,483 | €50,182 | +€3,699 | +8.0% |
| Trade debts | 44 | €7,837 | €6,558 | -€1,279 | -16.3% |
| Suppliers | 440/4 | €7,837 | €6,558 | -€1,279 | -16.3% |
| Taxes, remuneration and social security | 45 | €33,839 | €35,662 | +€1,824 | +5.4% |
| Taxes | 450/3 | €29,834 | €31,868 | +€2,034 | +6.8% |
| Remuneration and social security | 454/9 | €4,005 | €3,794 | -€211 | -5.3% |
| Other amounts payable | 47/48 | €4,807 | €7,962 | +€3,155 | +65.6% |
| Remuneration, social security and pensions | 62 | €40,583 | €41,307 | +€724 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,529 | €41,970 | +€5,442 | +14.9% |
| Other operating charges | 640/8 | €6,186 | €2,244 | -€3,942 | -63.7% |
| Gross operating margin | 9900 | €209,342 | €195,250 | -€14,092 | -6.7% |
| Operating profit (loss) | 9901 | €126,045 | €109,729 | -€16,316 | -12.9% |
| Financial income | 75/76B | €11,568 | €4,370 | -€7,198 | -62.2% |
| Recurring financial income | 75 | €11,568 | €4,370 | -€7,198 | -62.2% |
| Financial charges | 65/66B | €2,395 | €1,246 | -€1,149 | -48.0% |
| Recurring financial charges | 65 | €2,395 | €1,246 | -€1,149 | -48.0% |
| Profit (loss) for the period before taxes | 9903 | €135,218 | €112,853 | -€22,365 | -16.5% |
| Income taxes | 67/77 | €48,353 | €32,684 | -€15,669 | -32.4% |
| Profit (loss) for the period | 9904 | €86,865 | €80,169 | -€6,695 | -7.7% |
| Profit (loss) for the period to be appropriated | 9905 | €86,865 | €80,169 | -€6,695 | -7.7% |
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 19 October 2026 via checked.be.