FISCABREX: what changed
"FISCABREX"
Largest movements
- Cash +€17,930
up €17,930 (+35.3%), from €50,745 to €68,675
mainly Other debts (+€25,437) and Provisions (+€9,238)
- Deferred charges and accrued income +€6,638
up €6,638 (+252%), from €2,639 to €9,277
- Receivables within one year +€3,848
up €3,848 (+25.9%), from €14,868 to €18,715
of which Other amounts receivable: +€3,249
- Other debts +€25,437
up €25,437 (+266%), from €9,578 to €35,015
- Provisions +€9,238
up €9,238 (+30.8%), from €30,000 to €39,238
- Profit (loss) carried forward -€7,521
down €7,521 (-94.2%), from €7,985 to €464
- Trade debts +€2,587
up €2,587 (+120%), from €2,149 to €4,736
- Current portion of long-term debt -€1,834
no longer reported in 2025 (was €1,834)
- Financial charges +€54,922
up €54,922 (+3,911%), from €1,404 to €56,326
- Provisions -€20,762
down €20,762 (-69.2%), from €30,000 to €9,238
- Gross operating margin +€17,556
up €17,556 (+38.8%), from €45,272 to €62,828
- Taxes -€8,136
down €8,136 (-82.3%), from €9,887 to €1,751
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €73,928 | €101,481 | +€27,552 | +37.3% |
| Fixed assets | 21/28 | €5,677 | €4,813 | -€863 | -15.2% |
| Tangible fixed assets | 22/27 | €5,677 | €4,813 | -€863 | -15.2% |
| Plant, machinery and equipment | 23 | €670 | €47 | -€623 | -92.9% |
| Furniture and vehicles | 24 | €62 | €886 | +€824 | +1,325% |
| Other tangible fixed assets | 26 | €4,944 | €3,880 | -€1,064 | -21.5% |
| Current assets | 29/58 | €68,252 | €96,667 | +€28,416 | +41.6% |
| Amounts receivable within one year | 40/41 | €14,868 | €18,715 | +€3,848 | +25.9% |
| Trade receivables | 40 | €14,868 | €15,467 | +€599 | +4.0% |
| Other amounts receivable | 41 | - | €3,249 | +€3,249 | |
| Cash at bank and in hand | 54/58 | €50,745 | €68,675 | +€17,930 | +35.3% |
| Deferred charges and accrued income | 490/1 | €2,639 | €9,277 | +€6,638 | +252% |
| Total equity and liabilities | 10/49 | €73,928 | €101,481 | +€27,552 | +37.3% |
| Equity | 10/15 | €9,985 | €2,464 | -€7,521 | -75.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,985 | €464 | -€7,521 | -94.2% |
| Provisions and deferred taxes | 16 | €30,000 | €39,238 | +€9,238 | +30.8% |
| Provisions for liabilities and charges | 160/5 | €30,000 | €39,238 | +€9,238 | +30.8% |
| Other liabilities and charges | 164/5 | €30,000 | €39,238 | +€9,238 | +30.8% |
| Amounts payable | 17/49 | €33,943 | €59,779 | +€25,836 | +76.1% |
| Amounts payable after more than one year | 17 | €10,000 | €10,000 | = | 0.0% |
| Other amounts payable | 178/9 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €23,141 | €49,071 | +€25,930 | +112% |
| Current portion of amounts payable after more than one year | 42 | €1,834 | - | -€1,834 | |
| Trade debts | 44 | €2,149 | €4,736 | +€2,587 | +120% |
| Suppliers | 440/4 | €2,149 | €4,736 | +€2,587 | +120% |
| Taxes, remuneration and social security | 45 | €9,580 | €9,320 | -€261 | -2.7% |
| Taxes | 450/3 | €9,580 | €9,320 | -€261 | -2.7% |
| Other amounts payable | 47/48 | €9,578 | €35,015 | +€25,437 | +266% |
| Accrued charges and deferred income | 492/3 | €802 | €708 | -€94 | -11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,586 | €2,139 | -€448 | -17.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €30,000 | €9,238 | -€20,762 | -69.2% |
| Other operating charges | 640/8 | €998 | €895 | -€103 | -10.3% |
| Gross operating margin | 9900 | €45,272 | €62,828 | +€17,556 | +38.8% |
| Operating profit (loss) | 9901 | €11,688 | €50,556 | +€38,868 | +333% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €1,404 | €56,326 | +€54,922 | +3,911% |
| Recurring financial charges | 65 | €1,404 | €56,326 | +€54,922 | +3,911% |
| Profit (loss) for the period before taxes | 9903 | €10,285 | -€5,770 | -€16,055 | |
| Income taxes | 67/77 | €9,887 | €1,751 | -€8,136 | -82.3% |
| Profit (loss) for the period | 9904 | €397 | -€7,521 | -€7,919 | |
| Profit (loss) for the period to be appropriated | 9905 | €397 | -€7,521 | -€7,919 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.