FISCAL FIRST GROEP: 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.
FISCAL FIRST GROEP
Largest movements
- Cash -€23,452
down €23,452 (-73.7%), from €31,818 to €8,366
mainly Debts after one year (-€86,202) and Tax, wage and social debts (-€4,228)
- Receivables within one year -€8,977
down €8,977 (-12.2%), from €73,593 to €64,616
of which Trade receivables: -€8,980
- Intangible fixed assets -€7,291
down €7,291 (-14.3%), from €51,035 to €43,745
- Debts after one year -€86,202
down €86,202 (-16.6%), from €519,716 to €433,515
of which Other amounts payable: -€87,502
- Trade debts +€47,312
up €47,312 (+275.5%), from €17,173 to €64,485
- Staff costs -€41,707
down €41,707 (-99.1%), from €42,100 to €393
- Gross operating margin -€6,283
down €6,283 (-29.3%), from €21,415 to €15,132
- Write-downs -€1,726
no longer reported in 2025 (was €1,726)
- Financial income +€524
up €524 (+837.1%), from €63 to €586
- Financial charges -€298
down €298 (-8.0%), from €3,737 to €3,439
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 | €659,736 | €621,490 | -€38,246 | -5.8% |
| Fixed assets | 21/28 | €551,035 | €543,745 | -€7,291 | -1.3% |
| Intangible fixed assets | 21 | €51,035 | €43,745 | -€7,291 | -14.3% |
| Financial fixed assets | 28 | €500,000 | €500,000 | = | 0.0% |
| Current assets | 29/58 | €108,700 | €77,745 | -€30,955 | -28.5% |
| Amounts receivable within one year | 40/41 | €73,593 | €64,616 | -€8,977 | -12.2% |
| Trade receivables | 40 | €73,573 | €64,593 | -€8,980 | -12.2% |
| Other amounts receivable | 41 | €20 | €23 | +€3 | +12.7% |
| Cash at bank and in hand | 54/58 | €31,818 | €8,366 | -€23,452 | -73.7% |
| Deferred charges and accrued income | 490/1 | €3,289 | €4,763 | +€1,474 | +44.8% |
| Total equity and liabilities | 10/49 | €659,736 | €621,490 | -€38,246 | -5.8% |
| Equity | 10/15 | €116,794 | €120,878 | +€4,084 | +3.5% |
| Contributions | 10/11 | €27,500 | €27,500 | = | 0.0% |
| Reserves | 13 | €89,294 | €93,378 | +€4,084 | +4.6% |
| Distributable reserves | 133 | €89,294 | €93,378 | +€4,084 | +4.6% |
| Amounts payable | 17/49 | €542,942 | €500,611 | -€42,330 | -7.8% |
| Amounts payable after more than one year | 17 | €519,716 | €433,515 | -€86,202 | -16.6% |
| Financial debts | 170/4 | €200,792 | €202,092 | +€1,300 | +0.6% |
| Other amounts payable | 178/9 | €318,925 | €231,423 | -€87,502 | -27.4% |
| Amounts payable within one year | 42/48 | €23,225 | €66,309 | +€43,084 | +185.5% |
| Trade debts | 44 | €17,173 | €64,485 | +€47,312 | +275.5% |
| Suppliers | 440/4 | €17,173 | €64,485 | +€47,312 | +275.5% |
| Taxes, remuneration and social security | 45 | €6,052 | €1,824 | -€4,228 | -69.9% |
| Taxes | 450/3 | €6,052 | €1,824 | -€4,228 | -69.9% |
| Accrued charges and deferred income | 492/3 | - | €788 | +€788 | |
| Non-recurring operating income | 76A | €839 | - | -€839 | |
| Remuneration, social security and pensions | 62 | €42,100 | €393 | -€41,707 | -99.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,291 | €7,291 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,726 | - | -€1,726 | |
| Other operating charges | 640/8 | €325 | €511 | +€186 | +57.2% |
| Gross operating margin | 9900 | €21,415 | €15,132 | -€6,283 | -29.3% |
| Operating profit (loss) | 9901 | -€30,027 | €6,937 | +€36,964 | |
| Financial income | 75/76B | €63 | €586 | +€524 | +837.1% |
| Recurring financial income | 75 | €63 | €586 | +€524 | +837.1% |
| Financial charges | 65/66B | €3,737 | €3,439 | -€298 | -8.0% |
| Recurring financial charges | 65 | €3,737 | €3,439 | -€298 | -8.0% |
| Profit (loss) for the period before taxes | 9903 | -€33,702 | €4,084 | +€37,786 | |
| Profit (loss) for the period | 9904 | -€33,702 | €4,084 | +€37,786 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,702 | €4,084 | +€37,786 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.