FISCAN: 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.
FISCAN
Largest movements
- Current investments +€444,285
up €444,285 (+62.7%), from €708,620 to €1.2m
- Receivables within one year -€201,063
down €201,063 (-25.9%), from €776,170 to €575,107
of which Other amounts receivable: -€206,680
- Cash +€22,517
up €22,517 (+127.0%), from €17,730 to €40,247
mainly Net result for the year (+€251,075) and Receivables within one year (+€201,063)
- Reserves +€251,075
up €251,075 (+17.0%), from €1.5m to €1.7m
of which Distributable reserves: +€251,075
- Gross operating margin -€24,074
down €24,074 (-7.1%), from €337,761 to €313,687
- Taxes -€7,350
down €7,350 (-6.2%), from €119,306 to €111,956
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 | €1,530,976 | €1,787,326 | +€256,350 | +16.7% |
| Fixed assets | 21/28 | €25,502 | €15,456 | -€10,046 | -39.4% |
| Tangible fixed assets | 22/27 | €25,502 | €15,456 | -€10,046 | -39.4% |
| Plant, machinery and equipment | 23 | €947 | €424 | -€523 | -55.2% |
| Furniture and vehicles | 24 | €24,555 | €15,032 | -€9,523 | -38.8% |
| Current assets | 29/58 | €1,505,474 | €1,771,870 | +€266,396 | +17.7% |
| Amounts receivable within one year | 40/41 | €776,170 | €575,107 | -€201,063 | -25.9% |
| Trade receivables | 40 | €85,921 | €91,538 | +€5,617 | +6.5% |
| Other amounts receivable | 41 | €690,249 | €483,569 | -€206,680 | -29.9% |
| Current investments | 50/53 | €708,620 | €1,152,905 | +€444,285 | +62.7% |
| Cash at bank and in hand | 54/58 | €17,730 | €40,247 | +€22,517 | +127.0% |
| Deferred charges and accrued income | 490/1 | €2,954 | €3,611 | +€657 | +22.2% |
| Total equity and liabilities | 10/49 | €1,530,976 | €1,787,326 | +€256,350 | +16.7% |
| Equity | 10/15 | €1,482,983 | €1,734,058 | +€251,075 | +16.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,476,783 | €1,727,858 | +€251,075 | +17.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,474,923 | €1,725,998 | +€251,075 | +17.0% |
| Amounts payable | 17/49 | €47,993 | €53,268 | +€5,275 | +11.0% |
| Amounts payable within one year | 42/48 | €46,982 | €52,480 | +€5,498 | +11.7% |
| Trade debts | 44 | €4,219 | €11,351 | +€7,132 | +169.0% |
| Suppliers | 440/4 | €4,219 | €11,351 | +€7,132 | +169.0% |
| Taxes, remuneration and social security | 45 | €40,137 | €37,058 | -€3,079 | -7.7% |
| Taxes | 450/3 | €40,137 | €37,058 | -€3,079 | -7.7% |
| Other amounts payable | 47/48 | €2,626 | €4,071 | +€1,445 | +55.0% |
| Accrued charges and deferred income | 492/3 | €1,011 | €788 | -€223 | -22.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,734 | €11,781 | +€47 | +0.4% |
| Other operating charges | 640/8 | €1,536 | €1,459 | -€77 | -5.0% |
| Gross operating margin | 9900 | €337,761 | €313,687 | -€24,074 | -7.1% |
| Operating profit (loss) | 9901 | €324,491 | €300,447 | -€24,044 | -7.4% |
| Financial income | 75/76B | €61,830 | €62,690 | +€860 | +1.4% |
| Recurring financial income | 75 | €61,830 | €62,690 | +€860 | +1.4% |
| Financial charges | 65/66B | €95 | €106 | +€11 | +11.6% |
| Recurring financial charges | 65 | €95 | €106 | +€11 | +11.6% |
| Profit (loss) for the period before taxes | 9903 | €386,226 | €363,031 | -€23,195 | -6.0% |
| Income taxes | 67/77 | €119,306 | €111,956 | -€7,350 | -6.2% |
| Profit (loss) for the period | 9904 | €266,920 | €251,075 | -€15,845 | -5.9% |
| Profit (loss) for the period to be appropriated | 9905 | €266,920 | €251,075 | -€15,845 | -5.9% |
Source: filed annual accounts (NBB), financial years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.