FISCH: 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.
FISCH
Largest movements
- Cash +€3,781
up €3,781 (+28.1%), from €13,468 to €17,250
mainly Other debts (+€79,248) and Deferred charges and accrued income (+€458)
- Other debts +€79,248
up €79,248 (+36.3%), from €218,348 to €297,595
- Trade debts -€50,060
no longer reported in 2025 (was €50,060)
- Profit (loss) carried forward -€25,865
down €25,865 (-4.3%), from -€603,609 to -€629,474
- Other operating charges -€17,685
down €17,685 (-99.3%), from €17,805 to €120
- Financial charges -€1,226
down €1,226 (-11.5%), from €10,672 to €9,446
- Gross operating margin -€1,202
down €1,202 (-8.0%), from -€15,096 to -€16,299
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €94,897 | €98,220 | +€3,323 | +3.5% |
| Fixed assets | 21/28 | €80,635 | €80,635 | = | 0.0% |
| Tangible fixed assets | 22/27 | €80,635 | €80,635 | = | 0.0% |
| Land and buildings | 22 | €5,947 | €5,947 | = | 0.0% |
| Assets under construction and advance payments | 27 | €74,688 | €74,688 | = | 0.0% |
| Current assets | 29/58 | €14,262 | €17,585 | +€3,323 | +23.3% |
| Cash at bank and in hand | 54/58 | €13,468 | €17,250 | +€3,781 | +28.1% |
| Deferred charges and accrued income | 490/1 | €794 | €336 | -€458 | -57.7% |
| Total equity and liabilities | 10/49 | €94,897 | €98,220 | +€3,323 | +3.5% |
| Equity | 10/15 | -€173,510 | -€199,375 | -€25,865 | -14.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €368,099 | €368,099 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€603,609 | -€629,474 | -€25,865 | -4.3% |
| Amounts payable | 17/49 | €268,408 | €297,595 | +€29,188 | +10.9% |
| Amounts payable within one year | 42/48 | €268,408 | €297,595 | +€29,188 | +10.9% |
| Trade debts | 44 | €50,060 | - | -€50,060 | |
| Suppliers | 440/4 | €50,060 | - | -€50,060 | |
| Other amounts payable | 47/48 | €218,348 | €297,595 | +€79,248 | +36.3% |
| Other operating charges | 640/8 | €17,805 | €120 | -€17,685 | -99.3% |
| Gross operating margin | 9900 | -€15,096 | -€16,299 | -€1,202 | -8.0% |
| Operating profit (loss) | 9901 | -€32,902 | -€16,419 | +€16,483 | +50.1% |
| Financial charges | 65/66B | €10,672 | €9,446 | -€1,226 | -11.5% |
| Recurring financial charges | 65 | €10,672 | €9,446 | -€1,226 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | -€43,573 | -€25,865 | +€17,709 | +40.6% |
| Profit (loss) for the period | 9904 | -€43,573 | -€25,865 | +€17,709 | +40.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,573 | -€25,865 | +€17,709 | +40.6% |
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 8 October 2026 via checked.be.