FISC.PRO: 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.PRO
Largest movements
- Tangible fixed assets +€467,577
up €467,577 (+113%), from €412,634 to €880,211
of which Land and buildings: +€377,741
- Receivables within one year +€107,933
up €107,933 (+43.6%), from €247,623 to €355,556
of which Trade receivables: +€69,072
- Cash -€18,927
down €18,927 (-64.4%), from €29,379 to €10,453
mainly Investment in fixed assets (net) (-€559,490) and Receivables within one year (-€107,933)
- Debts after one year +€404,373
up €404,373 (+132%), from €305,351 to €709,724
- Current portion of long-term debt +€87,482
up €87,482 (+139%), from €63,013 to €150,495
- Other debts +€55,000
up €55,000 (+31.4%), from €175,000 to €230,000
- Tax, wage and social debts +€12,673
up €12,673 (+18.9%), from €66,916 to €79,589
of which Remuneration and social security: +€27,613
- Gross operating margin +€192,749
up €192,749 (+52.6%), from €366,789 to €559,538
- Staff costs +€87,193
up €87,193 (+25.6%), from €340,975 to €428,167
- Depreciation +€57,323
up €57,323 (+166%), from €34,591 to €91,913
- Taxes +€9,841
up €9,841 (+350%), from €2,811 to €12,652
- Financial charges +€9,814
up €9,814 (+60.9%), from €16,112 to €25,926
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 | €691,656 | €1,247,050 | +€555,394 | +80.3% |
| Fixed assets | 21/28 | €412,810 | €880,387 | +€467,577 | +113% |
| Intangible fixed assets | 21 | €0 | - | -€0 | |
| Tangible fixed assets | 22/27 | €412,634 | €880,211 | +€467,577 | +113% |
| Land and buildings | 22 | €341,208 | €718,948 | +€377,741 | +111% |
| Plant, machinery and equipment | 23 | €26,292 | €47,227 | +€20,935 | +79.6% |
| Furniture and vehicles | 24 | €24,345 | €13,733 | -€10,612 | -43.6% |
| Other tangible fixed assets | 26 | €20,790 | €13,653 | -€7,137 | -34.3% |
| Assets under construction and advance payments | 27 | - | €86,650 | +€86,650 | |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €278,847 | €366,664 | +€87,817 | +31.5% |
| Stocks and contracts in progress | 3 | €650 | €650 | = | 0.0% |
| Stocks | 30/36 | €650 | €650 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €247,623 | €355,556 | +€107,933 | +43.6% |
| Trade receivables | 40 | €209,943 | €279,015 | +€69,072 | +32.9% |
| Other amounts receivable | 41 | €37,680 | €76,541 | +€38,861 | +103% |
| Current investments | 50/53 | €34 | €5 | -€28 | -84.3% |
| Cash at bank and in hand | 54/58 | €29,379 | €10,453 | -€18,927 | -64.4% |
| Deferred charges and accrued income | 490/1 | €1,161 | - | -€1,161 | |
| Total equity and liabilities | 10/49 | €691,656 | €1,247,050 | +€555,394 | +80.3% |
| Equity | 10/15 | €22,860 | €20,461 | -€2,399 | -10.5% |
| Contributions | 10/11 | €51,100 | €51,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,240 | -€30,639 | -€2,399 | -8.5% |
| Amounts payable | 17/49 | €668,796 | €1,226,589 | +€557,793 | +83.4% |
| Amounts payable after more than one year | 17 | €305,351 | €709,724 | +€404,373 | +132% |
| Financial debts | 170/4 | €305,351 | €709,724 | +€404,373 | +132% |
| Amounts payable within one year | 42/48 | €363,445 | €516,865 | +€153,421 | +42.2% |
| Current portion of amounts payable after more than one year | 42 | €63,013 | €150,495 | +€87,482 | +139% |
| Trade debts | 44 | €58,516 | €56,781 | -€1,735 | -3.0% |
| Suppliers | 440/4 | €58,516 | €56,781 | -€1,735 | -3.0% |
| Taxes, remuneration and social security | 45 | €66,916 | €79,589 | +€12,673 | +18.9% |
| Taxes | 450/3 | €26,665 | €11,724 | -€14,940 | -56.0% |
| Remuneration and social security | 454/9 | €40,251 | €67,864 | +€27,613 | +68.6% |
| Other amounts payable | 47/48 | €175,000 | €230,000 | +€55,000 | +31.4% |
| Remuneration, social security and pensions | 62 | €340,975 | €428,167 | +€87,193 | +25.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,591 | €91,913 | +€57,323 | +166% |
| Other operating charges | 640/8 | €1,450 | €3,307 | +€1,857 | +128% |
| Gross operating margin | 9900 | €366,789 | €559,538 | +€192,749 | +52.6% |
| Operating profit (loss) | 9901 | -€10,226 | €36,150 | +€46,377 | |
| Financial income | 75/76B | €909 | €29 | -€881 | -96.9% |
| Recurring financial income | 75 | €909 | €29 | -€881 | -96.9% |
| Financial charges | 65/66B | €16,112 | €25,926 | +€9,814 | +60.9% |
| Recurring financial charges | 65 | €16,112 | €25,926 | +€9,814 | +60.9% |
| Profit (loss) for the period before taxes | 9903 | -€25,429 | €10,253 | +€35,682 | |
| Income taxes | 67/77 | €2,811 | €12,652 | +€9,841 | +350% |
| Profit (loss) for the period | 9904 | -€28,240 | -€2,399 | +€25,841 | +91.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,240 | -€2,399 | +€25,841 | +91.5% |
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 30 October 2026 via checked.be.