FISCALINA: 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.
FISCALINA
Largest movements
- Receivables within one year +€16,334
up €16,334 (+44.4%), from €36,747 to €53,081
of which Other amounts receivable: +€12,737
- Tangible fixed assets -€8,380
down €8,380 (-4.1%), from €205,790 to €197,409
of which Land and buildings: -€6,035
- Other debts +€16,132
up €16,132 (+90.3%), from €17,868 to €34,000
- Debts after one year -€15,534
down €15,534 (-12.0%), from €129,363 to €113,829
- Tax, wage and social debts +€5,215
up €5,215 (+32.9%), from €15,874 to €21,089
- Gross operating margin +€14,759
up €14,759 (+62.8%), from €23,486 to €38,245
- Depreciation -€3,095
down €3,095 (-21.1%), from €14,667 to €11,572
- Taxes +€2,816
up €2,816 (+140.2%), from €2,008 to €4,824
- Financial charges -€2,130
down €2,130 (-53.6%), from €3,971 to €1,841
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 | €246,541 | €252,198 | +€5,657 | +2.3% |
| Fixed assets | 21/28 | €205,870 | €197,489 | -€8,380 | -4.1% |
| Tangible fixed assets | 22/27 | €205,790 | €197,409 | -€8,380 | -4.1% |
| Land and buildings | 22 | €199,471 | €193,437 | -€6,035 | -3.0% |
| Furniture and vehicles | 24 | €6,318 | €3,973 | -€2,346 | -37.1% |
| Financial fixed assets | 28 | €80 | €80 | = | 0.0% |
| Current assets | 29/58 | €40,671 | €54,709 | +€14,038 | +34.5% |
| Amounts receivable within one year | 40/41 | €36,747 | €53,081 | +€16,334 | +44.4% |
| Trade receivables | 40 | €11,378 | €14,975 | +€3,596 | +31.6% |
| Other amounts receivable | 41 | €25,369 | €38,106 | +€12,737 | +50.2% |
| Cash at bank and in hand | 54/58 | €2,458 | - | -€2,458 | |
| Deferred charges and accrued income | 490/1 | €1,466 | €1,627 | +€161 | +11.0% |
| Total equity and liabilities | 10/49 | €246,541 | €252,198 | +€5,657 | +2.3% |
| Equity | 10/15 | €59,588 | €58,786 | -€801 | -1.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €34,316 | €35,533 | +€1,218 | +3.5% |
| Distributable reserves | 133 | €34,316 | €35,533 | +€1,218 | +3.5% |
| Profit (loss) carried forward | 14 | €872 | €872 | = | 0.0% |
| Investment grants | 15 | €18,200 | €16,181 | -€2,019 | -11.1% |
| Amounts payable | 17/49 | €186,953 | €193,412 | +€6,458 | +3.5% |
| Amounts payable after more than one year | 17 | €129,363 | €113,829 | -€15,534 | -12.0% |
| Financial debts | 170/4 | €129,363 | €113,829 | -€15,534 | -12.0% |
| Amounts payable within one year | 42/48 | €57,590 | €79,583 | +€21,992 | +38.2% |
| Current portion of amounts payable after more than one year | 42 | €15,261 | €15,534 | +€272 | +1.8% |
| Trade debts | 44 | €8,587 | €8,960 | +€373 | +4.3% |
| Suppliers | 440/4 | €8,587 | €8,960 | +€373 | +4.3% |
| Taxes, remuneration and social security | 45 | €15,874 | €21,089 | +€5,215 | +32.9% |
| Taxes | 450/3 | €15,874 | €21,089 | +€5,215 | +32.9% |
| Other amounts payable | 47/48 | €17,868 | €34,000 | +€16,132 | +90.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,667 | €11,572 | -€3,095 | -21.1% |
| Other operating charges | 640/8 | €2,633 | €2,337 | -€295 | -11.2% |
| Gross operating margin | 9900 | €23,486 | €38,245 | +€14,759 | +62.8% |
| Operating profit (loss) | 9901 | €6,185 | €24,335 | +€18,150 | +293.4% |
| Financial income | 75/76B | €2,787 | €2,548 | -€240 | -8.6% |
| Recurring financial income | 75 | €2,787 | €2,548 | -€240 | -8.6% |
| Financial charges | 65/66B | €3,971 | €1,841 | -€2,130 | -53.6% |
| Recurring financial charges | 65 | €3,971 | €1,841 | -€2,130 | -53.6% |
| Profit (loss) for the period before taxes | 9903 | €5,002 | €25,042 | +€20,040 | +400.6% |
| Income taxes | 67/77 | €2,008 | €4,824 | +€2,816 | +140.2% |
| Profit (loss) for the period | 9904 | €2,994 | €20,218 | +€17,224 | +575.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,994 | €20,218 | +€17,224 | +575.3% |
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 12 October 2026 via checked.be.