Fiscalex: 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.
Fiscalex
Largest movements
- Tangible fixed assets -€24,640
down €24,640 (-3.0%), from €811,617 to €786,977
of which Land and buildings: -€26,681
- Current investments +€17,625
up €17,625 (+14.9%), from €118,000 to €135,625
- Deferred charges and accrued income +€10,405
up €10,405 (+139%), from €7,479 to €17,884
- Other debts +€63,094
up €63,094 (+52.4%), from €120,459 to €183,552
- Debts after one year -€58,991
down €58,991 (-8.3%), from €714,221 to €655,231
of which Financial debts: -€58,991
- Profit (loss) carried forward -€15,655
down €15,655 (-22.5%), from €69,642 to €53,987
- Financial income +€5,913
up €5,913 (+176%), from €3,366 to €9,279
- Gross operating margin +€3,455
up €3,455 (+2.9%), from €120,447 to €123,902
- Depreciation +€1,470
up €1,470 (+4.1%), from €35,485 to €36,954
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 | €995,925 | €990,506 | -€5,419 | -0.5% |
| Fixed assets | 21/28 | €817,617 | €792,977 | -€24,640 | -3.0% |
| Tangible fixed assets | 22/27 | €811,617 | €786,977 | -€24,640 | -3.0% |
| Land and buildings | 22 | €811,404 | €784,723 | -€26,681 | -3.3% |
| Furniture and vehicles | 24 | €213 | €2,254 | +€2,041 | +958% |
| Financial fixed assets | 28 | €6,000 | €6,000 | = | 0.0% |
| Current assets | 29/58 | €178,308 | €197,529 | +€19,221 | +10.8% |
| Amounts receivable within one year | 40/41 | €16,530 | €16,684 | +€154 | +0.9% |
| Trade receivables | 40 | €16,397 | €16,258 | -€140 | -0.9% |
| Other amounts receivable | 41 | €133 | €427 | +€294 | +221% |
| Current investments | 50/53 | €118,000 | €135,625 | +€17,625 | +14.9% |
| Cash at bank and in hand | 54/58 | €36,299 | €27,336 | -€8,963 | -24.7% |
| Deferred charges and accrued income | 490/1 | €7,479 | €17,884 | +€10,405 | +139% |
| Total equity and liabilities | 10/49 | €995,925 | €990,506 | -€5,419 | -0.5% |
| Equity | 10/15 | €88,242 | €72,587 | -€15,655 | -17.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,642 | €53,987 | -€15,655 | -22.5% |
| Amounts payable | 17/49 | €907,683 | €917,919 | +€10,236 | +1.1% |
| Amounts payable after more than one year | 17 | €714,221 | €655,231 | -€58,991 | -8.3% |
| Financial debts | 170/4 | €714,221 | €655,231 | -€58,991 | -8.3% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €187,567 | €253,363 | +€65,796 | +35.1% |
| Current portion of amounts payable after more than one year | 42 | €58,991 | €58,991 | = | 0.0% |
| Trade debts | 44 | €836 | €3,385 | +€2,549 | +305% |
| Suppliers | 440/4 | €836 | €3,385 | +€2,549 | +305% |
| Taxes, remuneration and social security | 45 | €7,281 | €7,434 | +€153 | +2.1% |
| Taxes | 450/3 | €7,281 | €7,434 | +€153 | +2.1% |
| Other amounts payable | 47/48 | €120,459 | €183,552 | +€63,094 | +52.4% |
| Accrued charges and deferred income | 492/3 | €5,894 | €9,326 | +€3,431 | +58.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,485 | €36,954 | +€1,470 | +4.1% |
| Other operating charges | 640/8 | €3,509 | €3,476 | -€33 | -0.9% |
| Gross operating margin | 9900 | €120,447 | €123,902 | +€3,455 | +2.9% |
| Operating profit (loss) | 9901 | €81,453 | €83,472 | +€2,019 | +2.5% |
| Financial income | 75/76B | €3,366 | €9,279 | +€5,913 | +176% |
| Recurring financial income | 75 | €3,366 | €9,279 | +€5,913 | +176% |
| Financial charges | 65/66B | €19,125 | €18,599 | -€526 | -2.8% |
| Recurring financial charges | 65 | €19,125 | €18,599 | -€526 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | €65,694 | €74,152 | +€8,458 | +12.9% |
| Income taxes | 67/77 | €14,127 | €14,807 | +€680 | +4.8% |
| Profit (loss) for the period | 9904 | €51,567 | €59,345 | +€7,778 | +15.1% |
| Profit (loss) for the period to be appropriated | 9905 | €51,567 | €59,345 | +€7,778 | +15.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.