FiscalNax: 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.
FiscalNax
Largest movements
- Cash +€12,478
up €12,478 (+34.3%), from €36,387 to €48,865
mainly Net result for the year (+€69,313) and Other debts (+€36,821)
- Receivables within one year +€10,913
up €10,913 (+38.9%), from €28,087 to €39,000
of which Trade receivables: +€16,500
- Tangible fixed assets -€991
down €991 (-48.4%), from €2,048 to €1,058
- Other debts +€36,821
up €36,821 (+111%), from €33,147 to €69,968
- Reserves -€26,500
no longer reported in 2025 (was €26,500)
- Tax, wage and social debts +€11,550
up €11,550 (+183%), from €6,308 to €17,858
- Gross operating margin +€19,299
up €19,299 (+27.1%), from €71,205 to €90,504
- Taxes +€4,626
up €4,626 (+31.4%), from €14,710 to €19,336
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.
Derived cash bridge
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 | €67,955 | €90,435 | +€22,480 | +33.1% |
| Fixed assets | 21/28 | €2,048 | €1,058 | -€991 | -48.4% |
| Tangible fixed assets | 22/27 | €2,048 | €1,058 | -€991 | -48.4% |
| Furniture and vehicles | 24 | €2,048 | €1,058 | -€991 | -48.4% |
| Current assets | 29/58 | €65,907 | €89,378 | +€23,471 | +35.6% |
| Amounts receivable within one year | 40/41 | €28,087 | €39,000 | +€10,913 | +38.9% |
| Trade receivables | 40 | €22,500 | €39,000 | +€16,500 | +73.3% |
| Other amounts receivable | 41 | €5,587 | - | -€5,587 | |
| Cash at bank and in hand | 54/58 | €36,387 | €48,865 | +€12,478 | +34.3% |
| Deferred charges and accrued income | 490/1 | €1,433 | €1,513 | +€80 | +5.6% |
| Total equity and liabilities | 10/49 | €67,955 | €90,435 | +€22,480 | +33.1% |
| Equity | 10/15 | €28,500 | €2,000 | -€26,500 | -93.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €26,500 | - | -€26,500 | |
| Distributable reserves | 133 | €26,500 | - | -€26,500 | |
| Amounts payable | 17/49 | €39,455 | €88,435 | +€48,980 | +124% |
| Amounts payable within one year | 42/48 | €39,455 | €88,435 | +€48,980 | +124% |
| Trade debts | 44 | - | €609 | +€609 | |
| Suppliers | 440/4 | - | €609 | +€609 | |
| Taxes, remuneration and social security | 45 | €6,308 | €17,858 | +€11,550 | +183% |
| Taxes | 450/3 | €6,308 | €17,858 | +€11,550 | +183% |
| Other amounts payable | 47/48 | €33,147 | €69,968 | +€36,821 | +111% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €869 | €991 | +€121 | +14.0% |
| Other operating charges | 640/8 | €1,210 | €937 | -€273 | -22.6% |
| Gross operating margin | 9900 | €71,205 | €90,504 | +€19,299 | +27.1% |
| Operating profit (loss) | 9901 | €69,125 | €88,576 | +€19,451 | +28.1% |
| Financial income | 75/76B | €195 | €223 | +€29 | +14.8% |
| Recurring financial income | 75 | €195 | €223 | +€29 | +14.8% |
| Financial charges | 65/66B | €325 | €150 | -€175 | -53.8% |
| Recurring financial charges | 65 | €325 | €150 | -€175 | -53.8% |
| Profit (loss) for the period before taxes | 9903 | €68,995 | €88,649 | +€19,654 | +28.5% |
| Income taxes | 67/77 | €14,710 | €19,336 | +€4,626 | +31.4% |
| Profit (loss) for the period | 9904 | €54,285 | €69,313 | +€15,028 | +27.7% |
| Profit (loss) for the period to be appropriated | 9905 | €54,285 | €69,313 | +€15,028 | +27.7% |
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 18 October 2026 via checked.be.