FISCASIER: 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.
FISCASIER
Largest movements
- Cash -€102,420
down €102,420 (-59.1%), from €173,237 to €70,817
mainly Contributions, distributions and other (-€210,052) and Trade debts (-€1,121)
- Reserves -€155,707
no longer reported in 2025 (was €155,707)
- Other debts +€54,334
up €54,334 (+418.6%), from €12,978 to €67,312
- Gross operating margin +€11,900
up €11,900 (+19.7%), from €60,448 to €72,347
- Taxes +€2,170
up €2,170 (+17.8%), from €12,219 to €14,389
- Financial charges +€1,090
up €1,090 (+63.5%), from €1,718 to €2,808
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 | €175,550 | €72,993 | -€102,556 | -58.4% |
| Fixed assets | 21/28 | €308 | €969 | +€661 | +214.8% |
| Tangible fixed assets | 22/27 | €308 | €969 | +€661 | +214.8% |
| Furniture and vehicles | 24 | €308 | €969 | +€661 | +214.8% |
| Current assets | 29/58 | €175,242 | €72,024 | -€103,217 | -58.9% |
| Amounts receivable within one year | 40/41 | €835 | €1,207 | +€372 | +44.6% |
| Trade receivables | 40 | €47 | €419 | +€372 | +797.2% |
| Other amounts receivable | 41 | €788 | €788 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €173,237 | €70,817 | -€102,420 | -59.1% |
| Deferred charges and accrued income | 490/1 | €1,170 | - | -€1,170 | |
| Total equity and liabilities | 10/49 | €175,550 | €72,993 | -€102,556 | -58.4% |
| Equity | 10/15 | €158,207 | €2,500 | -€155,707 | -98.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €155,707 | - | -€155,707 | |
| Distributable reserves | 133 | €155,707 | - | -€155,707 | |
| Amounts payable | 17/49 | €17,343 | €70,493 | +€53,151 | +306.5% |
| Amounts payable within one year | 42/48 | €17,343 | €70,493 | +€53,151 | +306.5% |
| Trade debts | 44 | €1,321 | €200 | -€1,121 | -84.8% |
| Suppliers | 440/4 | €1,321 | €200 | -€1,121 | -84.8% |
| Taxes, remuneration and social security | 45 | €3,043 | €2,981 | -€62 | -2.0% |
| Taxes | 450/3 | €3,043 | €2,981 | -€62 | -2.0% |
| Other amounts payable | 47/48 | €12,978 | €67,312 | +€54,334 | +418.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €380 | €405 | +€26 | +6.7% |
| Other operating charges | 640/8 | €771 | €400 | -€371 | -48.1% |
| Gross operating margin | 9900 | €60,448 | €72,347 | +€11,900 | +19.7% |
| Operating profit (loss) | 9901 | €59,297 | €71,543 | +€12,245 | +20.7% |
| Financial charges | 65/66B | €1,718 | €2,808 | +€1,090 | +63.5% |
| Recurring financial charges | 65 | €1,718 | €2,808 | +€1,090 | +63.5% |
| Profit (loss) for the period before taxes | 9903 | €57,580 | €68,735 | +€11,155 | +19.4% |
| Income taxes | 67/77 | €12,219 | €14,389 | +€2,170 | +17.8% |
| Profit (loss) for the period | 9904 | €45,360 | €54,345 | +€8,985 | +19.8% |
| Profit (loss) for the period to be appropriated | 9905 | €45,360 | €54,345 | +€8,985 | +19.8% |
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 5 October 2026 via checked.be.