FISCASH 4769: 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.
FISCASH 4769
Largest movements
- Current investments +€16,993
up €16,993 (+8.3%), from €205,153 to €222,146
- Receivables within one year +€11,823
up €11,823 (+53.2%), from €22,203 to €34,026
of which Trade receivables: +€11,823
- Tangible fixed assets -€7,501
down €7,501 (-14.5%), from €51,799 to €44,298
of which Furniture and vehicles: -€9,486
- Other debts +€16,329
up €16,329 (+62.7%), from €26,031 to €42,360
- Reserves +€13,614
up €13,614 (+6.4%), from €212,543 to €226,157
of which Distributable reserves: +€13,614
- Debts after one year -€9,000
no longer reported in 2025 (was €9,000)
- Gross operating margin +€16,188
up €16,188 (+23.2%), from €69,827 to €86,016
- Financial income -€7,739
down €7,739 (-71.1%), from €10,880 to €3,141
- Taxes +€2,138
up €2,138 (+10.5%), from €20,342 to €22,480
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 | €291,882 | €311,802 | +€19,920 | +6.8% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €51,799 | €44,298 | -€7,501 | -14.5% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €51,799 | €44,298 | -€7,501 | -14.5% |
| Plant, machinery and equipment | 23 | €768 | €2,753 | +€1,985 | +259% |
| Furniture and vehicles | 24 | €51,032 | €41,546 | -€9,486 | -18.6% |
| Current assets | 29/58 | €240,083 | €267,504 | +€27,421 | +11.4% |
| Amounts receivable within one year | 40/41 | €22,203 | €34,026 | +€11,823 | +53.2% |
| Trade receivables | 40 | €19,209 | €31,032 | +€11,823 | +61.5% |
| Other amounts receivable | 41 | €2,994 | €2,994 | = | 0.0% |
| Current investments | 50/53 | €205,153 | €222,146 | +€16,993 | +8.3% |
| Cash at bank and in hand | 54/58 | €10,848 | €8,683 | -€2,166 | -20.0% |
| Deferred charges and accrued income | 490/1 | €1,879 | €2,649 | +€771 | +41.0% |
| Total equity and liabilities | 10/49 | €291,882 | €311,802 | +€19,920 | +6.8% |
| Equity | 10/15 | €231,143 | €244,757 | +€13,614 | +5.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €212,543 | €226,157 | +€13,614 | +6.4% |
| 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 | €210,683 | €224,297 | +€13,614 | +6.5% |
| Amounts payable | 17/49 | €60,739 | €67,045 | +€6,306 | +10.4% |
| Amounts payable after more than one year | 17 | €9,000 | - | -€9,000 | |
| Financial debts | 170/4 | €9,000 | - | -€9,000 | |
| Amounts payable within one year | 42/48 | €51,701 | €67,006 | +€15,305 | +29.6% |
| Current portion of amounts payable after more than one year | 42 | €12,000 | €9,000 | -€3,000 | -25.0% |
| Trade debts | 44 | €2,055 | €2,521 | +€466 | +22.7% |
| Suppliers | 440/4 | €2,055 | €2,521 | +€466 | +22.7% |
| Taxes, remuneration and social security | 45 | €11,616 | €13,125 | +€1,509 | +13.0% |
| Taxes | 450/3 | €11,616 | €13,125 | +€1,509 | +13.0% |
| Other amounts payable | 47/48 | €26,031 | €42,360 | +€16,329 | +62.7% |
| Accrued charges and deferred income | 492/3 | €38 | €39 | +€1 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,573 | €10,260 | -€313 | -3.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €69,827 | €86,016 | +€16,188 | +23.2% |
| Operating profit (loss) | 9901 | €58,868 | €75,356 | +€16,489 | +28.0% |
| Financial income | 75/76B | €10,880 | €3,141 | -€7,739 | -71.1% |
| Recurring financial income | 75 | €10,880 | €3,141 | -€7,739 | -71.1% |
| Financial charges | 65/66B | €43 | €43 | -€0 | -0.3% |
| Recurring financial charges | 65 | €43 | €43 | -€0 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | €69,704 | €78,454 | +€8,750 | +12.6% |
| Income taxes | 67/77 | €20,342 | €22,480 | +€2,138 | +10.5% |
| Profit (loss) for the period | 9904 | €49,363 | €55,975 | +€6,612 | +13.4% |
| Profit (loss) for the period to be appropriated | 9905 | €49,363 | €55,975 | +€6,612 | +13.4% |
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 15 October 2026 via checked.be.