FISC - OFFICE: what changed
Two fiscal 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 - OFFICE
Largest movements
- Receivables within one year +€49,981
up €49,981 (+54.8%), from €91,279 to €141,260
- Intangible fixed assets -€27,866
down €27,866 (-16.7%), from €166,555 to €138,690
- Tangible fixed assets -€12,111
down €12,111 (-12.9%), from €94,107 to €81,995
of which Plant, machinery and equipment: -€8,112
- Cash -€7,713
down €7,713 (-16.1%), from €47,840 to €40,126
mainly Receivables within one year (-€49,981) and Debts after one year (-€25,217)
- Trade debts +€34,159
up €34,159 (+116.9%), from €29,227 to €63,386
- Debts after one year -€25,217
down €25,217 (-14.2%), from €177,001 to €151,784
- Tax, wage and social debts -€14,809
down €14,809 (-63.5%), from €23,306 to €8,497
of which Taxes: -€16,227
- Reserves +€11,717
up €11,717 (+9.7%), from €120,777 to €132,494
- Other debts -€4,239
down €4,239 (-18.8%), from €22,579 to €18,339
- Staff costs +€60,204
up €60,204 (+35.0%), from €172,162 to €232,366
- Gross operating margin +€48,381
up €48,381 (+19.0%), from €254,491 to €302,872
- Depreciation -€12,496
down €12,496 (-23.8%), from €52,472 to €39,977
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 | €399,904 | €402,197 | +€2,294 | +0.6% |
| Fixed assets | 21/28 | €260,712 | €220,735 | -€39,977 | -15.3% |
| Intangible fixed assets | 21 | €166,555 | €138,690 | -€27,866 | -16.7% |
| Tangible fixed assets | 22/27 | €94,107 | €81,995 | -€12,111 | -12.9% |
| Plant, machinery and equipment | 23 | €79,392 | €71,280 | -€8,112 | -10.2% |
| Furniture and vehicles | 24 | €14,714 | €10,715 | -€3,999 | -27.2% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €139,192 | €181,462 | +€42,270 | +30.4% |
| Amounts receivable within one year | 40/41 | €91,279 | €141,260 | +€49,981 | +54.8% |
| Trade receivables | 40 | €91,279 | €141,260 | +€49,981 | +54.8% |
| Cash at bank and in hand | 54/58 | €47,840 | €40,126 | -€7,713 | -16.1% |
| Deferred charges and accrued income | 490/1 | €74 | €76 | +€2 | +3.4% |
| Total equity and liabilities | 10/49 | €399,904 | €402,197 | +€2,294 | +0.6% |
| Equity | 10/15 | €120,777 | €132,494 | +€11,717 | +9.7% |
| Reserves | 13 | €120,777 | €132,494 | +€11,717 | +9.7% |
| Distributable reserves | 133 | €120,777 | €132,494 | +€11,717 | +9.7% |
| Amounts payable | 17/49 | €279,127 | €269,704 | -€9,423 | -3.4% |
| Amounts payable after more than one year | 17 | €177,001 | €151,784 | -€25,217 | -14.2% |
| Financial debts | 170/4 | €177,001 | €151,784 | -€25,217 | -14.2% |
| Amounts payable within one year | 42/48 | €99,646 | €115,439 | +€15,794 | +15.8% |
| Current portion of amounts payable after more than one year | 42 | €24,534 | €25,217 | +€683 | +2.8% |
| Trade debts | 44 | €29,227 | €63,386 | +€34,159 | +116.9% |
| Suppliers | 440/4 | €29,227 | €63,386 | +€34,159 | +116.9% |
| Taxes, remuneration and social security | 45 | €23,306 | €8,497 | -€14,809 | -63.5% |
| Taxes | 450/3 | €20,908 | €4,682 | -€16,227 | -77.6% |
| Remuneration and social security | 454/9 | €2,398 | €3,815 | +€1,418 | +59.1% |
| Other amounts payable | 47/48 | €22,579 | €18,339 | -€4,239 | -18.8% |
| Accrued charges and deferred income | 492/3 | €2,481 | €2,481 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €172,162 | €232,366 | +€60,204 | +35.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,472 | €39,977 | -€12,496 | -23.8% |
| Non-recurring operating charges | 66A | - | €4,000 | +€4,000 | |
| Gross operating margin | 9900 | €254,491 | €302,872 | +€48,381 | +19.0% |
| Operating profit (loss) | 9901 | €29,856 | €26,529 | -€3,327 | -11.1% |
| Financial income | 75/76B | €21 | €43 | +€22 | +101.2% |
| Recurring financial income | 75 | €21 | €43 | +€22 | +101.2% |
| Financial charges | 65/66B | €6,787 | €5,851 | -€936 | -13.8% |
| Recurring financial charges | 65 | €6,787 | €5,851 | -€936 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | €23,091 | €20,722 | -€2,370 | -10.3% |
| Income taxes | 67/77 | €9,748 | €9,005 | -€744 | -7.6% |
| Profit (loss) for the period | 9904 | €13,343 | €11,717 | -€1,626 | -12.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,343 | €11,717 | -€1,626 | -12.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.