FISCAL+: 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.
FISCAL+
Largest movements
- Cash +€22,676
up €22,676 (+43.5%), from €52,069 to €74,745
mainly Net result for the year (+€18,377) and Trade debts (+€5,450)
- Deferred charges and accrued income +€5,007
up €5,007 (+133.3%), from €3,755 to €8,762
- Tangible fixed assets +€2,581
new in 2025: €2,581
- Reserves +€18,377
up €18,377 (+43.0%), from €42,704 to €61,081
- Trade debts +€5,450
up €5,450 (+267.8%), from €2,035 to €7,485
- Accrued charges and deferred income +€4,659
up €4,659 (+1059.0%), from €440 to €5,099
- Advances received +€1,500
up €1,500 (+300.0%), from €500 to €2,000
- Gross operating margin -€3,675
down €3,675 (-10.9%), from €33,805 to €30,131
- Other operating charges -€1,864
down €1,864 (-62.4%), from €2,990 to €1,125
- Write-downs +€869
no longer reported in 2025 (was -€869)
- Taxes +€734
up €734 (+9.0%), from €8,179 to €8,913
- Depreciation +€531
new in 2025: €531
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 | €60,541 | €91,552 | +€31,011 | +51.2% |
| Fixed assets | 21/28 | - | €2,581 | +€2,581 | |
| Tangible fixed assets | 22/27 | - | €2,581 | +€2,581 | |
| Plant, machinery and equipment | 23 | - | €2,581 | +€2,581 | |
| Current assets | 29/58 | €60,541 | €88,972 | +€28,431 | +47.0% |
| Amounts receivable within one year | 40/41 | €4,717 | €5,465 | +€748 | +15.9% |
| Trade receivables | 40 | €4,265 | €4,210 | -€54 | -1.3% |
| Other amounts receivable | 41 | €452 | €1,255 | +€803 | +177.5% |
| Cash at bank and in hand | 54/58 | €52,069 | €74,745 | +€22,676 | +43.5% |
| Deferred charges and accrued income | 490/1 | €3,755 | €8,762 | +€5,007 | +133.3% |
| Total equity and liabilities | 10/49 | €60,541 | €91,552 | +€31,011 | +51.2% |
| Equity | 10/15 | €47,704 | €66,081 | +€18,377 | +38.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €42,704 | €61,081 | +€18,377 | +43.0% |
| Distributable reserves | 133 | €42,704 | €61,081 | +€18,377 | +43.0% |
| Amounts payable | 17/49 | €12,837 | €25,471 | +€12,634 | +98.4% |
| Amounts payable within one year | 42/48 | €12,397 | €20,373 | +€7,975 | +64.3% |
| Trade debts | 44 | €2,035 | €7,485 | +€5,450 | +267.8% |
| Suppliers | 440/4 | €2,035 | €7,485 | +€5,450 | +267.8% |
| Advances received on contracts in progress | 46 | €500 | €2,000 | +€1,500 | +300.0% |
| Taxes, remuneration and social security | 45 | €5,778 | €5,961 | +€183 | +3.2% |
| Taxes | 450/3 | €5,778 | €5,961 | +€183 | +3.2% |
| Other amounts payable | 47/48 | €4,084 | €4,927 | +€842 | +20.6% |
| Accrued charges and deferred income | 492/3 | €440 | €5,099 | +€4,659 | +1059.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €531 | +€531 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€869 | - | +€869 | |
| Other operating charges | 640/8 | €2,990 | €1,125 | -€1,864 | -62.4% |
| Gross operating margin | 9900 | €33,805 | €30,131 | -€3,675 | -10.9% |
| Operating profit (loss) | 9901 | €31,684 | €28,474 | -€3,210 | -10.1% |
| Financial income | 75/76B | €52 | €219 | +€168 | +324.1% |
| Recurring financial income | 75 | €52 | €219 | +€168 | +324.1% |
| Financial charges | 65/66B | €1,348 | €1,404 | +€56 | +4.1% |
| Recurring financial charges | 65 | €1,348 | €1,404 | +€56 | +4.1% |
| Profit (loss) for the period before taxes | 9903 | €30,388 | €27,290 | -€3,098 | -10.2% |
| Income taxes | 67/77 | €8,179 | €8,913 | +€734 | +9.0% |
| Profit (loss) for the period | 9904 | €22,209 | €18,377 | -€3,832 | -17.3% |
| Profit (loss) for the period to be appropriated | 9905 | €22,209 | €18,377 | -€3,832 | -17.3% |
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 6 October 2026 via checked.be.