FISCALIA: 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.
FISCALIA
Largest movements
- Cash +€200,439
up €200,439 (+29.4%), from €681,683 to €882,122
mainly Net result for the year (+€124,957) and Receivables within one year (+€85,881)
- Receivables within one year -€85,881
down €85,881 (-60.1%), from €142,942 to €57,061
of which Other amounts receivable: -€85,552
- Tangible fixed assets -€34,724
down €34,724 (-23.2%), from €149,977 to €115,253
of which Furniture and vehicles: -€31,728
- Other debts +€68,155
up €68,155 (+87.9%), from €77,563 to €145,718
- Reserves +€48,900
up €48,900 (+7.0%), from €695,361 to €744,261
of which Distributable reserves: +€48,900
- Debts after one year -€20,570
down €20,570 (-85.5%), from €24,067 to €3,497
- Tax, wage and social debts -€11,254
down €11,254 (-16.8%), from €66,973 to €55,719
of which Taxes: -€14,556
- Gross operating margin -€24,128
down €24,128 (-9.0%), from €269,052 to €244,924
- Financial income +€23,235
up €23,235 (+112790.2%), from €21 to €23,255
- Depreciation +€11,048
up €11,048 (+40.0%), from €27,614 to €38,662
- Financial charges +€3,845
up €3,845 (+100.6%), from €3,824 to €7,670
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 | €975,001 | €1,062,613 | +€87,612 | +9.0% |
| Fixed assets | 21/28 | €149,977 | €115,253 | -€34,724 | -23.2% |
| Tangible fixed assets | 22/27 | €149,977 | €115,253 | -€34,724 | -23.2% |
| Plant, machinery and equipment | 23 | €9,162 | €6,167 | -€2,995 | -32.7% |
| Furniture and vehicles | 24 | €140,815 | €109,086 | -€31,728 | -22.5% |
| Current assets | 29/58 | €825,024 | €947,360 | +€122,336 | +14.8% |
| Amounts receivable within one year | 40/41 | €142,942 | €57,061 | -€85,881 | -60.1% |
| Trade receivables | 40 | €49,847 | €49,518 | -€329 | -0.7% |
| Other amounts receivable | 41 | €93,095 | €7,543 | -€85,552 | -91.9% |
| Current investments | 50/53 | €400 | €400 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €681,683 | €882,122 | +€200,439 | +29.4% |
| Deferred charges and accrued income | 490/1 | - | €7,777 | +€7,777 | |
| Total equity and liabilities | 10/49 | €975,001 | €1,062,613 | +€87,612 | +9.0% |
| Equity | 10/15 | €715,276 | €764,233 | +€48,957 | +6.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €695,361 | €744,261 | +€48,900 | +7.0% |
| Tax-exempt reserves | 132 | €211,141 | €211,141 | = | 0.0% |
| Distributable reserves | 133 | €484,220 | €533,120 | +€48,900 | +10.1% |
| Profit (loss) carried forward | 14 | €1,315 | €1,372 | +€57 | +4.3% |
| Provisions and deferred taxes | 16 | €70,380 | €70,380 | = | 0.0% |
| Deferred taxes | 168 | €70,380 | €70,380 | = | 0.0% |
| Amounts payable | 17/49 | €189,344 | €228,000 | +€38,655 | +20.4% |
| Amounts payable after more than one year | 17 | €24,067 | €3,497 | -€20,570 | -85.5% |
| Financial debts | 170/4 | €24,067 | €3,497 | -€20,570 | -85.5% |
| Amounts payable within one year | 42/48 | €165,278 | €224,503 | +€59,225 | +35.8% |
| Current portion of amounts payable after more than one year | 42 | €19,878 | €20,570 | +€692 | +3.5% |
| Trade debts | 44 | €864 | €2,496 | +€1,632 | +188.9% |
| Suppliers | 440/4 | €864 | €2,496 | +€1,632 | +188.9% |
| Taxes, remuneration and social security | 45 | €66,973 | €55,719 | -€11,254 | -16.8% |
| Taxes | 450/3 | €56,171 | €41,615 | -€14,556 | -25.9% |
| Remuneration and social security | 454/9 | €10,802 | €14,104 | +€3,302 | +30.6% |
| Other amounts payable | 47/48 | €77,563 | €145,718 | +€68,155 | +87.9% |
| Remuneration, social security and pensions | 62 | €30,147 | €31,403 | +€1,255 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,614 | €38,662 | +€11,048 | +40.0% |
| Other operating charges | 640/8 | €6,130 | €4,185 | -€1,946 | -31.7% |
| Non-recurring operating charges | 66A | €346 | - | -€346 | |
| Gross operating margin | 9900 | €269,052 | €244,924 | -€24,128 | -9.0% |
| Operating profit (loss) | 9901 | €204,815 | €170,675 | -€34,140 | -16.7% |
| Financial income | 75/76B | €21 | €23,255 | +€23,235 | +112790.2% |
| Recurring financial income | 75 | €21 | €23,255 | +€23,235 | +112790.2% |
| Financial charges | 65/66B | €3,824 | €7,670 | +€3,845 | +100.6% |
| Recurring financial charges | 65 | €3,824 | €7,670 | +€3,845 | +100.6% |
| Profit (loss) for the period before taxes | 9903 | €201,011 | €186,261 | -€14,750 | -7.3% |
| Income taxes | 67/77 | €61,755 | €61,304 | -€452 | -0.7% |
| Profit (loss) for the period | 9904 | €139,256 | €124,957 | -€14,299 | -10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €139,256 | €124,957 | -€14,299 | -10.3% |
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.