FISCAL MASTERS: 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 MASTERS
Largest movements
- Receivables within one year -€6,935
down €6,935 (-20.4%), from €33,968 to €27,033
- Cash +€5,113
up €5,113 (+360%), from €1,422 to €6,535
mainly Net result for the year (+€19,303) and Trade debts (+€7,136)
- Other debts -€32,712
down €32,712 (-72.3%), from €45,265 to €12,553
- Profit (loss) carried forward +€19,303
up €19,303 (+216%), from €8,950 to €28,252
- Trade debts +€7,136
up €7,136 (+145%), from €4,938 to €12,074
- Tax, wage and social debts +€3,858
up €3,858 (+155%), from €2,487 to €6,345
- Gross operating margin +€10,712
up €10,712 (+112%), from €9,543 to €20,255
- Other operating charges +€358
up €358 (+60.2%), from €594 to €951
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.
Derived cash bridge
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 | €64,640 | €62,818 | -€1,822 | -2.8% |
| Current assets | 29/58 | €64,640 | €62,818 | -€1,822 | -2.8% |
| Stocks and contracts in progress | 3 | €29,250 | €29,250 | = | 0.0% |
| Stocks | 30/36 | €29,250 | €29,250 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €33,968 | €27,033 | -€6,935 | -20.4% |
| Trade receivables | 40 | €33,968 | €27,033 | -€6,935 | -20.4% |
| Cash at bank and in hand | 54/58 | €1,422 | €6,535 | +€5,113 | +360% |
| Total equity and liabilities | 10/49 | €64,640 | €62,818 | -€1,822 | -2.8% |
| Equity | 10/15 | €11,950 | €31,252 | +€19,303 | +162% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,950 | €28,252 | +€19,303 | +216% |
| Amounts payable | 17/49 | €52,690 | €31,566 | -€21,124 | -40.1% |
| Amounts payable within one year | 42/48 | €52,690 | €30,972 | -€21,718 | -41.2% |
| Trade debts | 44 | €4,938 | €12,074 | +€7,136 | +145% |
| Suppliers | 440/4 | €4,938 | €12,074 | +€7,136 | +145% |
| Taxes, remuneration and social security | 45 | €2,487 | €6,345 | +€3,858 | +155% |
| Taxes | 450/3 | €2,487 | €6,345 | +€3,858 | +155% |
| Other amounts payable | 47/48 | €45,265 | €12,553 | -€32,712 | -72.3% |
| Accrued charges and deferred income | 492/3 | - | €594 | +€594 | |
| Other operating charges | 640/8 | €594 | €951 | +€358 | +60.2% |
| Gross operating margin | 9900 | €9,543 | €20,255 | +€10,712 | +112% |
| Operating profit (loss) | 9901 | €8,950 | €19,304 | +€10,354 | +116% |
| Financial charges | 65/66B | - | €1 | +€1 | |
| Recurring financial charges | 65 | - | €1 | +€1 | |
| Profit (loss) for the period before taxes | 9903 | €8,950 | €19,303 | +€10,353 | +116% |
| Profit (loss) for the period | 9904 | €8,950 | €19,303 | +€10,353 | +116% |
| Profit (loss) for the period to be appropriated | 9905 | €8,950 | €19,303 | +€10,353 | +116% |
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 19 October 2026 via checked.be.