FISCCON: 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.
FISCCON
Largest movements
- Receivables within one year -€47,910
down €47,910 (-12.4%), from €385,017 to €337,106
of which Other amounts receivable: -€55,173
- Tangible fixed assets -€34,235
down €34,235 (-20.0%), from €171,201 to €136,966
of which Furniture and vehicles: -€29,375
- Cash -€19,996
down €19,996 (-17.7%), from €112,800 to €92,804
mainly Debts after one year (-€560,030) and Current portion of long-term debt (-€63,756)
- Debts after one year -€560,030
down €560,030 (-77.8%), from €719,459 to €159,428
- Other debts +€315,379
new in 2025: €315,379
- Reserves +€224,646
up €224,646 (+30.5%), from €736,054 to €960,700
of which Distributable reserves: +€224,646
- Current portion of long-term debt -€63,756
down €63,756 (-28.5%), from €223,787 to €160,030
- Gross operating margin +€78,440
up €78,440 (+22.7%), from €346,118 to €424,558
- Financial income +€36,579
up €36,579 (+33.7%), from €108,387 to €144,966
- Taxes +€23,897
up €23,897 (+47.3%), from €50,476 to €74,373
- Staff costs +€13,745
up €13,745 (+8.8%), from €156,672 to €170,417
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 | €1,991,195 | €1,891,388 | -€99,808 | -5.0% |
| Fixed assets | 21/28 | €1,471,201 | €1,436,966 | -€34,235 | -2.3% |
| Tangible fixed assets | 22/27 | €171,201 | €136,966 | -€34,235 | -20.0% |
| Land and buildings | 22 | €77,973 | €69,519 | -€8,454 | -10.8% |
| Plant, machinery and equipment | 23 | €4,016 | €7,610 | +€3,594 | +89.5% |
| Furniture and vehicles | 24 | €89,212 | €59,837 | -€29,375 | -32.9% |
| Financial fixed assets | 28 | €1,300,000 | €1,300,000 | = | 0.0% |
| Current assets | 29/58 | €519,994 | €454,421 | -€65,573 | -12.6% |
| Amounts receivable within one year | 40/41 | €385,017 | €337,106 | -€47,910 | -12.4% |
| Trade receivables | 40 | €81,123 | €88,386 | +€7,263 | +9.0% |
| Other amounts receivable | 41 | €303,893 | €248,720 | -€55,173 | -18.2% |
| Cash at bank and in hand | 54/58 | €112,800 | €92,804 | -€19,996 | -17.7% |
| Deferred charges and accrued income | 490/1 | €22,177 | €24,512 | +€2,334 | +10.5% |
| Total equity and liabilities | 10/49 | €1,991,195 | €1,891,388 | -€99,808 | -5.0% |
| Equity | 10/15 | €927,387 | €1,152,033 | +€224,646 | +24.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €736,054 | €960,700 | +€224,646 | +30.5% |
| Tax-exempt reserves | 132 | €26,646 | €26,646 | = | 0.0% |
| Distributable reserves | 133 | €709,408 | €934,054 | +€224,646 | +31.7% |
| Profit (loss) carried forward | 14 | €141,333 | €141,333 | = | 0.0% |
| Amounts payable | 17/49 | €1,063,808 | €739,354 | -€324,454 | -30.5% |
| Amounts payable after more than one year | 17 | €719,459 | €159,428 | -€560,030 | -77.8% |
| Financial debts | 170/4 | €719,459 | €159,428 | -€560,030 | -77.8% |
| Amounts payable within one year | 42/48 | €324,349 | €557,268 | +€232,919 | +71.8% |
| Current portion of amounts payable after more than one year | 42 | €223,787 | €160,030 | -€63,756 | -28.5% |
| Trade debts | 44 | €13,587 | €790 | -€12,797 | -94.2% |
| Suppliers | 440/4 | €13,587 | €790 | -€12,797 | -94.2% |
| Taxes, remuneration and social security | 45 | €86,976 | €81,069 | -€5,906 | -6.8% |
| Taxes | 450/3 | €59,434 | €58,709 | -€725 | -1.2% |
| Remuneration and social security | 454/9 | €27,542 | €22,360 | -€5,182 | -18.8% |
| Other amounts payable | 47/48 | - | €315,379 | +€315,379 | |
| Accrued charges and deferred income | 492/3 | €20,000 | €22,658 | +€2,658 | +13.3% |
| Remuneration, social security and pensions | 62 | €156,672 | €170,417 | +€13,745 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,964 | €42,445 | -€1,519 | -3.5% |
| Other operating charges | 640/8 | €1,896 | €5,788 | +€3,892 | +205.3% |
| Non-recurring operating charges | 66A | €15 | - | -€15 | |
| Gross operating margin | 9900 | €346,118 | €424,558 | +€78,440 | +22.7% |
| Operating profit (loss) | 9901 | €143,572 | €205,908 | +€62,336 | +43.4% |
| Financial income | 75/76B | €108,387 | €144,966 | +€36,579 | +33.7% |
| Recurring financial income | 75 | €108,387 | €144,966 | +€36,579 | +33.7% |
| Financial charges | 65/66B | €20,745 | €22,377 | +€1,632 | +7.9% |
| Recurring financial charges | 65 | €20,745 | €22,377 | +€1,632 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | €231,213 | €328,497 | +€97,284 | +42.1% |
| Income taxes | 67/77 | €50,476 | €74,373 | +€23,897 | +47.3% |
| Profit (loss) for the period | 9904 | €180,738 | €254,124 | +€73,387 | +40.6% |
| Profit (loss) for the period to be appropriated | 9905 | €180,738 | €254,124 | +€73,387 | +40.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.