FISCAPLUS: 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.
FISCAPLUS
Largest movements
- Receivables within one year +€202,000
up €202,000 (+35.2%), from €573,504 to €775,504
of which Trade receivables: +€206,115
- Tangible fixed assets -€164,318
down €164,318 (-74.9%), from €219,313 to €54,995
of which Land and buildings: -€120,745
- Cash +€30,023
up €30,023 (+16.3%), from €184,396 to €214,419
mainly Trade debts (+€231,508) and Investment in fixed assets (net) (+€103,281)
- Trade debts +€231,508
up €231,508 (+35.4%), from €654,819 to €886,327
- Debts after one year -€116,497
down €116,497 (-90.1%), from €129,257 to €12,760
- Current portion of long-term debt -€26,134
down €26,134 (-52.8%), from €49,451 to €23,317
- Tax, wage and social debts -€20,011
down €20,011 (-27.2%), from €73,600 to €53,589
of which Taxes: -€18,149
- Other debts -€14,964
down €14,964 (-100%), from €14,964 to €0
- Gross operating margin +€113,337
up €113,337 (+21.0%), from €540,763 to €654,100
- Write-downs +€46,509
up €46,509 (+1,778%), from €2,616 to €49,126
- Staff costs +€32,268
up €32,268 (+7.6%), from €422,293 to €454,561
- Taxes +€11,441
up €11,441 (+97.0%), from €11,798 to €23,239
- Depreciation -€9,644
down €9,644 (-13.6%), from €70,681 to €61,037
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 | €1,002,520 | €1,063,046 | +€60,526 | +6.0% |
| Fixed assets | 21/28 | €219,568 | €55,250 | -€164,318 | -74.8% |
| Tangible fixed assets | 22/27 | €219,313 | €54,995 | -€164,318 | -74.9% |
| Land and buildings | 22 | €120,745 | €0 | -€120,745 | -100% |
| Plant, machinery and equipment | 23 | €9,746 | €9,840 | +€94 | +1.0% |
| Furniture and vehicles | 24 | €88,821 | €45,155 | -€43,666 | -49.2% |
| Financial fixed assets | 28 | €255 | €255 | = | 0.0% |
| Current assets | 29/58 | €782,952 | €1,007,796 | +€224,844 | +28.7% |
| Amounts receivable within one year | 40/41 | €573,504 | €775,504 | +€202,000 | +35.2% |
| Trade receivables | 40 | €560,249 | €766,364 | +€206,115 | +36.8% |
| Other amounts receivable | 41 | €13,255 | €9,140 | -€4,115 | -31.0% |
| Cash at bank and in hand | 54/58 | €184,396 | €214,419 | +€30,023 | +16.3% |
| Deferred charges and accrued income | 490/1 | €25,052 | €17,873 | -€7,179 | -28.7% |
| Total equity and liabilities | 10/49 | €1,002,520 | €1,063,046 | +€60,526 | +6.0% |
| Equity | 10/15 | €80,358 | €86,981 | +€6,623 | +8.2% |
| Contributions | 10/11 | €19,088 | €13,569 | -€5,518 | -28.9% |
| Reserves | 13 | €61,270 | €73,412 | +€12,142 | +19.8% |
| Tax-exempt reserves | 132 | €643 | €457 | -€186 | -28.9% |
| Distributable reserves | 133 | €60,627 | €72,955 | +€12,328 | +20.3% |
| Amounts payable | 17/49 | €922,163 | €976,065 | +€53,902 | +5.8% |
| Amounts payable after more than one year | 17 | €129,257 | €12,760 | -€116,497 | -90.1% |
| Financial debts | 170/4 | €129,257 | €12,760 | -€116,497 | -90.1% |
| Amounts payable within one year | 42/48 | €792,834 | €963,233 | +€170,399 | +21.5% |
| Current portion of amounts payable after more than one year | 42 | €49,451 | €23,317 | -€26,134 | -52.8% |
| Trade debts | 44 | €654,819 | €886,327 | +€231,508 | +35.4% |
| Suppliers | 440/4 | €654,819 | €886,327 | +€231,508 | +35.4% |
| Taxes, remuneration and social security | 45 | €73,600 | €53,589 | -€20,011 | -27.2% |
| Taxes | 450/3 | €29,308 | €11,158 | -€18,149 | -61.9% |
| Remuneration and social security | 454/9 | €44,292 | €42,430 | -€1,862 | -4.2% |
| Other amounts payable | 47/48 | €14,964 | €0 | -€14,964 | -100% |
| Accrued charges and deferred income | 492/3 | €72 | €72 | = | 0.0% |
| Non-recurring operating income | 76A | €35,132 | €34,068 | -€1,064 | -3.0% |
| Remuneration, social security and pensions | 62 | €422,293 | €454,561 | +€32,268 | +7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,681 | €61,037 | -€9,644 | -13.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,616 | €49,126 | +€46,509 | +1,778% |
| Other operating charges | 640/8 | €4,144 | €4,505 | +€361 | +8.7% |
| Gross operating margin | 9900 | €540,763 | €654,100 | +€113,337 | +21.0% |
| Operating profit (loss) | 9901 | €41,028 | €84,871 | +€43,843 | +107% |
| Financial income | 75/76B | €9,334 | €5,078 | -€4,256 | -45.6% |
| Recurring financial income | 75 | €9,334 | €5,078 | -€4,256 | -45.6% |
| Financial charges | 65/66B | €32,925 | €36,855 | +€3,930 | +11.9% |
| Recurring financial charges | 65 | €32,925 | €36,730 | +€3,805 | +11.6% |
| Non-recurring financial charges | 66B | - | €125 | +€125 | |
| Profit (loss) for the period before taxes | 9903 | €17,438 | €53,095 | +€35,657 | +204% |
| Income taxes | 67/77 | €11,798 | €23,239 | +€11,441 | +97.0% |
| Profit (loss) for the period | 9904 | €5,640 | €29,855 | +€24,216 | +429% |
| Profit (loss) for the period to be appropriated | 9905 | €5,640 | €29,855 | +€24,216 | +429% |
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 17 October 2026 via checked.be.