FISCALIBUS: 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.
FISCALIBUS
Largest movements
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Cash +€37,141
up €37,141 (+16.7%), from €222,779 to €259,920
mainly Current investments (+€100,000) and Net result for the year (+€69,400)
- Receivables after one year -€31,360
down €31,360 (-40.0%), from €78,400 to €47,040
- Reserves -€97,789
down €97,789 (-34.2%), from €286,179 to €188,390
- Other debts +€6,339
up €6,339 (+9.7%), from €65,301 to €71,640
- Financial charges -€21,652
down €21,652 (-99.6%), from €21,748 to €96
- Taxes +€5,872
up €5,872 (+22.9%), from €25,687 to €31,559
- Gross operating margin +€3,680
up €3,680 (+3.9%), from €94,129 to €97,809
- Depreciation +€2,026
up €2,026 (+931.6%), from €217 to €2,244
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 | €421,751 | €330,378 | -€91,373 | -21.7% |
| Fixed assets | 21/28 | €2,350 | €5,873 | +€3,523 | +149.9% |
| Tangible fixed assets | 22/27 | €2,350 | €5,873 | +€3,523 | +149.9% |
| Plant, machinery and equipment | 23 | €2,350 | €1,837 | -€514 | -21.9% |
| Furniture and vehicles | 24 | - | €4,037 | +€4,037 | |
| Current assets | 29/58 | €419,401 | €324,505 | -€94,896 | -22.6% |
| Amounts receivable after more than one year | 29 | €78,400 | €47,040 | -€31,360 | -40.0% |
| Other amounts receivable | 291 | €78,400 | €47,040 | -€31,360 | -40.0% |
| Amounts receivable within one year | 40/41 | €17,545 | €17,545 | = | 0.0% |
| Trade receivables | 40 | €17,545 | €17,545 | = | 0.0% |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €222,779 | €259,920 | +€37,141 | +16.7% |
| Deferred charges and accrued income | 490/1 | €677 | - | -€677 | |
| Total equity and liabilities | 10/49 | €421,751 | €330,378 | -€91,373 | -21.7% |
| Equity | 10/15 | €325,651 | €227,861 | -€97,789 | -30.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €286,179 | €188,390 | -€97,789 | -34.2% |
| Distributable reserves | 133 | €286,179 | €188,390 | -€97,789 | -34.2% |
| Profit (loss) carried forward | 14 | €20,872 | €20,872 | = | 0.0% |
| Amounts payable | 17/49 | €96,100 | €102,517 | +€6,417 | +6.7% |
| Amounts payable within one year | 42/48 | €95,652 | €101,769 | +€6,117 | +6.4% |
| Trade debts | 44 | €5,956 | €5,124 | -€832 | -14.0% |
| Suppliers | 440/4 | €5,956 | €5,124 | -€832 | -14.0% |
| Taxes, remuneration and social security | 45 | €24,394 | €25,005 | +€611 | +2.5% |
| Taxes | 450/3 | €22,275 | €22,885 | +€610 | +2.7% |
| Remuneration and social security | 454/9 | €2,120 | €2,120 | +€0 | 0.0% |
| Other amounts payable | 47/48 | €65,301 | €71,640 | +€6,339 | +9.7% |
| Accrued charges and deferred income | 492/3 | €448 | €748 | +€299 | +66.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €217 | €2,244 | +€2,026 | +931.6% |
| Other operating charges | 640/8 | €823 | €912 | +€89 | +10.8% |
| Gross operating margin | 9900 | €94,129 | €97,809 | +€3,680 | +3.9% |
| Operating profit (loss) | 9901 | €93,088 | €94,653 | +€1,564 | +1.7% |
| Financial income | 75/76B | €5,922 | €6,403 | +€480 | +8.1% |
| Recurring financial income | 75 | €5,922 | €6,403 | +€480 | +8.1% |
| Financial charges | 65/66B | €21,748 | €96 | -€21,652 | -99.6% |
| Recurring financial charges | 65 | €21,748 | €96 | -€21,652 | -99.6% |
| Profit (loss) for the period before taxes | 9903 | €77,263 | €100,959 | +€23,697 | +30.7% |
| Income taxes | 67/77 | €25,687 | €31,559 | +€5,872 | +22.9% |
| Profit (loss) for the period | 9904 | €51,575 | €69,400 | +€17,825 | +34.6% |
| Profit (loss) for the period to be appropriated | 9905 | €51,575 | €69,400 | +€17,825 | +34.6% |
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.