FISCALINE: 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.
FISCALINE
Largest movements
- Receivables within one year +€52,364
up €52,364 (+73.3%), from €71,436 to €123,799
of which Other amounts receivable: +€43,430
- Cash +€33,030
up €33,030 (+837.1%), from €3,946 to €36,976
mainly Net result for the year (+€42,956) and Trade debts (+€24,391)
- Tangible fixed assets -€4,458
down €4,458 (-20.5%), from €21,759 to €17,301
- Intangible fixed assets -€3,000
down €3,000 (-15.0%), from €20,014 to €17,014
- Reserves +€42,956
up €42,956 (+79.6%), from €53,982 to €96,938
- Trade debts +€24,391
up €24,391 (+428.2%), from €5,696 to €30,088
- Current portion of long-term debt +€20,247
up €20,247 (+429.1%), from €4,718 to €24,965
- Debts after one year -€4,965
down €4,965 (-31.4%), from €15,816 to €10,851
- Tax, wage and social debts -€3,727
down €3,727 (-12.9%), from €28,864 to €25,137
- Gross operating margin +€21,679
up €21,679 (+40.2%), from €53,879 to €75,557
- Taxes +€6,421
up €6,421 (+43.6%), from €14,739 to €21,161
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 | €117,154 | €195,570 | +€78,416 | +66.9% |
| Fixed assets | 21/28 | €41,773 | €34,315 | -€7,458 | -17.9% |
| Intangible fixed assets | 21 | €20,014 | €17,014 | -€3,000 | -15.0% |
| Tangible fixed assets | 22/27 | €21,759 | €17,301 | -€4,458 | -20.5% |
| Furniture and vehicles | 24 | €21,759 | €17,301 | -€4,458 | -20.5% |
| Current assets | 29/58 | €75,381 | €161,256 | +€85,874 | +113.9% |
| Amounts receivable within one year | 40/41 | €71,436 | €123,799 | +€52,364 | +73.3% |
| Trade receivables | 40 | €11,887 | €20,821 | +€8,934 | +75.2% |
| Other amounts receivable | 41 | €59,549 | €102,978 | +€43,430 | +72.9% |
| Cash at bank and in hand | 54/58 | €3,946 | €36,976 | +€33,030 | +837.1% |
| Deferred charges and accrued income | 490/1 | - | €480 | +€480 | |
| Total equity and liabilities | 10/49 | €117,154 | €195,570 | +€78,416 | +66.9% |
| Equity | 10/15 | €61,482 | €104,438 | +€42,956 | +69.9% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €53,982 | €96,938 | +€42,956 | +79.6% |
| Distributable reserves | 133 | €53,982 | €96,938 | +€42,956 | +79.6% |
| Amounts payable | 17/49 | €55,672 | €91,132 | +€35,460 | +63.7% |
| Amounts payable after more than one year | 17 | €15,816 | €10,851 | -€4,965 | -31.4% |
| Financial debts | 170/4 | €15,816 | €10,851 | -€4,965 | -31.4% |
| Amounts payable within one year | 42/48 | €39,856 | €80,281 | +€40,425 | +101.4% |
| Current portion of amounts payable after more than one year | 42 | €4,718 | €24,965 | +€20,247 | +429.1% |
| Trade debts | 44 | €5,696 | €30,088 | +€24,391 | +428.2% |
| Suppliers | 440/4 | €5,696 | €30,088 | +€24,391 | +428.2% |
| Advances received on contracts in progress | 46 | €577 | €91 | -€486 | -84.2% |
| Taxes, remuneration and social security | 45 | €28,864 | €25,137 | -€3,727 | -12.9% |
| Taxes | 450/3 | €28,864 | €25,137 | -€3,727 | -12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,378 | €9,082 | -€295 | -3.1% |
| Other operating charges | 640/8 | €1,104 | €1,314 | +€210 | +19.0% |
| Gross operating margin | 9900 | €53,879 | €75,557 | +€21,679 | +40.2% |
| Operating profit (loss) | 9901 | €43,397 | €65,161 | +€21,764 | +50.2% |
| Financial income | 75/76B | €4 | €75 | +€71 | +1824.3% |
| Recurring financial income | 75 | €4 | €75 | +€71 | +1824.3% |
| Financial charges | 65/66B | €1,395 | €1,119 | -€276 | -19.8% |
| Recurring financial charges | 65 | €1,395 | €1,119 | -€276 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | €42,006 | €64,117 | +€22,111 | +52.6% |
| Income taxes | 67/77 | €14,739 | €21,161 | +€6,421 | +43.6% |
| Profit (loss) for the period | 9904 | €27,267 | €42,956 | +€15,689 | +57.5% |
| Profit (loss) for the period to be appropriated | 9905 | €27,267 | €42,956 | +€15,689 | +57.5% |
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 8 October 2026 via checked.be.