FISCAB: 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.
FISCAB
Largest movements
- Cash +€95,124
up €95,124 (+49.1%), from €193,926 to €289,050
mainly Net result for the year (+€127,953) and Depreciation (+€23,121)
- Current investments +€29,658
up €29,658 (+151.9%), from €19,528 to €49,186
- Receivables within one year -€19,809
down €19,809 (-93.2%), from €21,245 to €1,436
- Tangible fixed assets -€16,132
down €16,132 (-8.1%), from €199,178 to €183,046
of which Furniture and vehicles: -€8,317
- Intangible fixed assets -€6,990
down €6,990 (-6.2%), from €113,587 to €106,597
- Reserves +€82,952
up €82,952 (+35.6%), from €233,055 to €316,007
- Debts after one year -€25,533
down €25,533 (-12.6%), from €202,104 to €176,571
- Trade debts +€16,207
up €16,207 (+154.2%), from €10,513 to €26,720
- Tax, wage and social debts +€14,951
up €14,951 (+77.8%), from €19,206 to €34,157
- Current portion of long-term debt -€7,905
down €7,905 (-23.6%), from €33,439 to €25,534
- Gross operating margin +€28,305
up €28,305 (+17.8%), from €159,014 to €187,319
- Taxes +€8,563
up €8,563 (+34.8%), from €24,592 to €33,155
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 | €549,306 | €631,158 | +€81,852 | +14.9% |
| Fixed assets | 21/28 | €312,765 | €289,643 | -€23,122 | -7.4% |
| Intangible fixed assets | 21 | €113,587 | €106,597 | -€6,990 | -6.2% |
| Tangible fixed assets | 22/27 | €199,178 | €183,046 | -€16,132 | -8.1% |
| Land and buildings | 22 | €158,430 | €153,486 | -€4,944 | -3.1% |
| Furniture and vehicles | 24 | €29,856 | €21,539 | -€8,317 | -27.9% |
| Other tangible fixed assets | 26 | €10,892 | €8,021 | -€2,871 | -26.4% |
| Current assets | 29/58 | €236,541 | €341,515 | +€104,974 | +44.4% |
| Amounts receivable within one year | 40/41 | €21,245 | €1,436 | -€19,809 | -93.2% |
| Trade receivables | 40 | €21,245 | €1,436 | -€19,809 | -93.2% |
| Current investments | 50/53 | €19,528 | €49,186 | +€29,658 | +151.9% |
| Cash at bank and in hand | 54/58 | €193,926 | €289,050 | +€95,124 | +49.1% |
| Deferred charges and accrued income | 490/1 | €1,842 | €1,843 | +€1 | +0.1% |
| Total equity and liabilities | 10/49 | €549,306 | €631,158 | +€81,852 | +14.9% |
| Equity | 10/15 | €233,055 | €316,007 | +€82,952 | +35.6% |
| Reserves | 13 | €233,055 | €316,007 | +€82,952 | +35.6% |
| Distributable reserves | 133 | €233,055 | €316,007 | +€82,952 | +35.6% |
| Amounts payable | 17/49 | €316,251 | €315,151 | -€1,100 | -0.3% |
| Amounts payable after more than one year | 17 | €202,104 | €176,571 | -€25,533 | -12.6% |
| Financial debts | 170/4 | €202,104 | €176,571 | -€25,533 | -12.6% |
| Amounts payable within one year | 42/48 | €112,562 | €136,995 | +€24,433 | +21.7% |
| Current portion of amounts payable after more than one year | 42 | €33,439 | €25,534 | -€7,905 | -23.6% |
| Trade debts | 44 | €10,513 | €26,720 | +€16,207 | +154.2% |
| Suppliers | 440/4 | €10,513 | €26,720 | +€16,207 | +154.2% |
| Taxes, remuneration and social security | 45 | €19,206 | €34,157 | +€14,951 | +77.8% |
| Taxes | 450/3 | €19,206 | €34,157 | +€14,951 | +77.8% |
| Other amounts payable | 47/48 | €49,404 | €50,584 | +€1,180 | +2.4% |
| Accrued charges and deferred income | 492/3 | €1,585 | €1,585 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,898 | €23,121 | +€223 | +1.0% |
| Gross operating margin | 9900 | €159,014 | €187,319 | +€28,305 | +17.8% |
| Operating profit (loss) | 9901 | €136,116 | €164,198 | +€28,082 | +20.6% |
| Financial income | 75/76B | €743 | €1,893 | +€1,150 | +154.8% |
| Recurring financial income | 75 | €743 | €1,893 | +€1,150 | +154.8% |
| Financial charges | 65/66B | €4,147 | €4,983 | +€836 | +20.2% |
| Recurring financial charges | 65 | €4,147 | €4,983 | +€836 | +20.2% |
| Profit (loss) for the period before taxes | 9903 | €132,712 | €161,108 | +€28,396 | +21.4% |
| Income taxes | 67/77 | €24,592 | €33,155 | +€8,563 | +34.8% |
| Profit (loss) for the period | 9904 | €108,120 | €127,953 | +€19,833 | +18.3% |
| Profit (loss) for the period to be appropriated | 9905 | €108,120 | €127,953 | +€19,833 | +18.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.