FISCA LINE: 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.
FISCA LINE
Largest movements
- Receivables within one year +€9,799
up €9,799 (+77.7%), from €12,608 to €22,407
of which Trade receivables: +€14,384
- Tangible fixed assets +€9,511
up €9,511 (+348.5%), from €2,729 to €12,240
of which Other tangible fixed assets: +€9,692
- Cash +€4,064
up €4,064 (+40.8%), from €9,954 to €14,018
mainly Debts after one year (+€15,365) and Net result for the year (+€5,198)
- Deferred charges and accrued income +€1,194
up €1,194 (+102.2%), from €1,167 to €2,361
- Debts after one year +€15,365
new in 2025: €15,365
- Reserves +€5,198
up €5,198 (+45.4%), from €11,461 to €16,659
- Tax, wage and social debts +€3,125
up €3,125 (+84.0%), from €3,722 to €6,847
- Current portion of long-term debt +€847
up €847 (+20.5%), from €4,130 to €4,978
- Depreciation -€2,064
down €2,064 (-36.6%), from €5,644 to €3,580
- Financial charges +€1,800
up €1,800 (+168.0%), from €1,071 to €2,872
- Other operating charges +€788
up €788 (+44.6%), from €1,766 to €2,554
- Gross operating margin +€585
up €585 (+3.3%), from €17,962 to €18,547
- Taxes +€374
up €374 (+9.4%), from €3,990 to €4,365
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 | €26,458 | €51,235 | +€24,777 | +93.6% |
| Fixed assets | 21/28 | €2,729 | €12,450 | +€9,721 | +356.2% |
| Tangible fixed assets | 22/27 | €2,729 | €12,240 | +€9,511 | +348.5% |
| Plant, machinery and equipment | 23 | - | €2,548 | +€2,548 | |
| Furniture and vehicles | 24 | €2,729 | €0 | -€2,729 | -100.0% |
| Other tangible fixed assets | 26 | - | €9,692 | +€9,692 | |
| Financial fixed assets | 28 | - | €210 | +€210 | |
| Current assets | 29/58 | €23,729 | €38,785 | +€15,056 | +63.5% |
| Amounts receivable within one year | 40/41 | €12,608 | €22,407 | +€9,799 | +77.7% |
| Trade receivables | 40 | €5,871 | €20,255 | +€14,384 | +245.0% |
| Other amounts receivable | 41 | €6,737 | €2,152 | -€4,585 | -68.1% |
| Cash at bank and in hand | 54/58 | €9,954 | €14,018 | +€4,064 | +40.8% |
| Deferred charges and accrued income | 490/1 | €1,167 | €2,361 | +€1,194 | +102.2% |
| Total equity and liabilities | 10/49 | €26,458 | €51,235 | +€24,777 | +93.6% |
| Equity | 10/15 | €17,661 | €22,859 | +€5,198 | +29.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €11,461 | €16,659 | +€5,198 | +45.4% |
| Distributable reserves | 133 | €11,461 | €16,659 | +€5,198 | +45.4% |
| Amounts payable | 17/49 | €8,797 | €28,376 | +€19,579 | +222.6% |
| Amounts payable after more than one year | 17 | - | €15,365 | +€15,365 | |
| Financial debts | 170/4 | - | €15,365 | +€15,365 | |
| Amounts payable within one year | 42/48 | €8,797 | €13,011 | +€4,214 | +47.9% |
| Current portion of amounts payable after more than one year | 42 | €4,130 | €4,978 | +€847 | +20.5% |
| Trade debts | 44 | €945 | €1,186 | +€241 | +25.5% |
| Suppliers | 440/4 | €945 | €1,186 | +€241 | +25.5% |
| Taxes, remuneration and social security | 45 | €3,722 | €6,847 | +€3,125 | +84.0% |
| Taxes | 450/3 | €3,722 | €6,847 | +€3,125 | +84.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,644 | €3,580 | -€2,064 | -36.6% |
| Other operating charges | 640/8 | €1,766 | €2,554 | +€788 | +44.6% |
| Gross operating margin | 9900 | €17,962 | €18,547 | +€585 | +3.3% |
| Operating profit (loss) | 9901 | €10,552 | €12,413 | +€1,860 | +17.6% |
| Financial income | 75/76B | €278 | €22 | -€257 | -92.2% |
| Recurring financial income | 75 | €278 | €22 | -€257 | -92.2% |
| Financial charges | 65/66B | €1,071 | €2,872 | +€1,800 | +168.0% |
| Recurring financial charges | 65 | €1,071 | €2,872 | +€1,800 | +168.0% |
| Profit (loss) for the period before taxes | 9903 | €9,759 | €9,563 | -€196 | -2.0% |
| Income taxes | 67/77 | €3,990 | €4,365 | +€374 | +9.4% |
| Profit (loss) for the period | 9904 | €5,769 | €5,198 | -€571 | -9.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,769 | €5,198 | -€571 | -9.9% |
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 10 October 2026 via checked.be.