FISCALI: 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.
FISCALI
Largest movements
- Cash +€26,622
up €26,622 (+64.5%), from €41,253 to €67,874
mainly Net result for the year (+€27,535) and Depreciation (+€7,536)
- Current investments +€10,000
up €10,000 (+50.0%), from €20,000 to €30,000
- Tangible fixed assets -€7,536
down €7,536 (-29.5%), from €25,540 to €18,004
- Receivables within one year -€1,199
down €1,199 (-100.0%), from €1,199 to €0
- Reserves +€26,702
up €26,702 (+32.5%), from €82,251 to €108,953
- Gross operating margin +€2,126
up €2,126 (+4.6%), from €46,229 to €48,355
- Staff costs +€750
up €750 (+76.5%), from €980 to €1,730
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 | €88,297 | €116,173 | +€27,876 | +31.6% |
| Fixed assets | 21/28 | €25,540 | €18,004 | -€7,536 | -29.5% |
| Tangible fixed assets | 22/27 | €25,540 | €18,004 | -€7,536 | -29.5% |
| Furniture and vehicles | 24 | €25,540 | €18,004 | -€7,536 | -29.5% |
| Current assets | 29/58 | €62,757 | €98,169 | +€35,412 | +56.4% |
| Amounts receivable within one year | 40/41 | €1,199 | €0 | -€1,199 | -100.0% |
| Other amounts receivable | 41 | €1,199 | €0 | -€1,199 | -100.0% |
| Current investments | 50/53 | €20,000 | €30,000 | +€10,000 | +50.0% |
| Cash at bank and in hand | 54/58 | €41,253 | €67,874 | +€26,622 | +64.5% |
| Deferred charges and accrued income | 490/1 | €305 | €294 | -€11 | -3.5% |
| Total equity and liabilities | 10/49 | €88,297 | €116,173 | +€27,876 | +31.6% |
| Equity | 10/15 | €82,251 | €108,953 | +€26,702 | +32.5% |
| Reserves | 13 | €82,251 | €108,953 | +€26,702 | +32.5% |
| Distributable reserves | 133 | €82,251 | €108,953 | +€26,702 | +32.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €6,046 | €7,220 | +€1,174 | +19.4% |
| Amounts payable within one year | 42/48 | €5,746 | €7,220 | +€1,474 | +25.7% |
| Trade debts | 44 | €300 | €378 | +€78 | +26.0% |
| Suppliers | 440/4 | €300 | €378 | +€78 | +26.0% |
| Taxes, remuneration and social security | 45 | €5,447 | €6,010 | +€563 | +10.3% |
| Taxes | 450/3 | €5,447 | €6,010 | +€563 | +10.3% |
| Other amounts payable | 47/48 | - | €833 | +€833 | |
| Accrued charges and deferred income | 492/3 | €300 | €0 | -€300 | -100.0% |
| Remuneration, social security and pensions | 62 | €980 | €1,730 | +€750 | +76.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,536 | €7,536 | = | 0.0% |
| Other operating charges | 640/8 | €495 | €510 | +€15 | +3.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €46,229 | €48,355 | +€2,126 | +4.6% |
| Operating profit (loss) | 9901 | €37,218 | €38,579 | +€1,361 | +3.7% |
| Financial income | 75/76B | €436 | €437 | +€1 | +0.3% |
| Recurring financial income | 75 | €436 | €437 | +€1 | +0.3% |
| Financial charges | 65/66B | €163 | €163 | +€1 | +0.4% |
| Recurring financial charges | 65 | €163 | €163 | +€1 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | €37,492 | €38,853 | +€1,361 | +3.6% |
| Income taxes | 67/77 | €10,932 | €11,318 | +€386 | +3.5% |
| Profit (loss) for the period | 9904 | €26,560 | €27,535 | +€975 | +3.7% |
| Profit (loss) for the period to be appropriated | 9905 | €26,560 | €27,535 | +€975 | +3.7% |
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 10 October 2026 via checked.be.