FISCO-DATA: 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.
FISCO-DATA
Largest movements
- Tangible fixed assets -€6,719
down €6,719 (-2.3%), from €297,845 to €291,127
of which Land and buildings: -€6,403
- Cash -€4,409
down €4,409 (-38.9%), from €11,323 to €6,914
mainly Other debts (-€4,989) and Net result for the year (-€4,818)
- Reserves -€156,734
down €156,734 (-36.9%), from €424,694 to €267,960
of which Distributable reserves: -€156,734
- Profit (loss) carried forward +€151,916
up €151,916, from -€151,916 to €0
- Other debts -€4,989
down €4,989 (-31.7%), from €15,717 to €10,728
- Financial income -€16,765
no longer reported in 2025 (was €16,765)
- Gross operating margin +€14,537
up €14,537, from -€7,387 to €7,149
- Depreciation -€282
down €282 (-4.0%), from €7,001 to €6,719
- Other operating charges +€98
up €98 (+2.1%), from €4,574 to €4,672
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 | €309,168 | €299,039 | -€10,130 | -3.3% |
| Fixed assets | 21/28 | €297,845 | €291,127 | -€6,719 | -2.3% |
| Tangible fixed assets | 22/27 | €297,845 | €291,127 | -€6,719 | -2.3% |
| Land and buildings | 22 | €297,529 | €291,127 | -€6,403 | -2.2% |
| Plant, machinery and equipment | 23 | €316 | €0 | -€316 | -100.0% |
| Current assets | 29/58 | €11,323 | €7,912 | -€3,411 | -30.1% |
| Amounts receivable within one year | 40/41 | - | €998 | +€998 | |
| Trade receivables | 40 | - | €998 | +€998 | |
| Cash at bank and in hand | 54/58 | €11,323 | €6,914 | -€4,409 | -38.9% |
| Total equity and liabilities | 10/49 | €309,168 | €299,039 | -€10,130 | -3.3% |
| Equity | 10/15 | €291,378 | €286,560 | -€4,818 | -1.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €424,694 | €267,960 | -€156,734 | -36.9% |
| Tax-exempt reserves | 132 | €4,309 | €4,309 | = | 0.0% |
| Distributable reserves | 133 | €420,385 | €263,651 | -€156,734 | -37.3% |
| Profit (loss) carried forward | 14 | -€151,916 | €0 | +€151,916 | |
| Amounts payable | 17/49 | €17,790 | €12,479 | -€5,312 | -29.9% |
| Amounts payable within one year | 42/48 | €16,793 | €11,482 | -€5,312 | -31.6% |
| Trade debts | 44 | €347 | €113 | -€235 | -67.6% |
| Suppliers | 440/4 | €347 | €113 | -€235 | -67.6% |
| Taxes, remuneration and social security | 45 | €729 | €641 | -€88 | -12.0% |
| Taxes | 450/3 | €729 | €641 | -€88 | -12.0% |
| Other amounts payable | 47/48 | €15,717 | €10,728 | -€4,989 | -31.7% |
| Accrued charges and deferred income | 492/3 | €997 | €997 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,001 | €6,719 | -€282 | -4.0% |
| Other operating charges | 640/8 | €4,574 | €4,672 | +€98 | +2.1% |
| Gross operating margin | 9900 | -€7,387 | €7,149 | +€14,537 | |
| Operating profit (loss) | 9901 | -€18,962 | -€4,241 | +€14,721 | +77.6% |
| Financial income | 75/76B | €16,765 | - | -€16,765 | |
| Recurring financial income | 75 | €16,765 | - | -€16,765 | |
| Financial charges | 65/66B | €193 | €184 | -€10 | -5.0% |
| Recurring financial charges | 65 | €193 | €184 | -€10 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,391 | -€4,425 | -€2,034 | -85.1% |
| Income taxes | 67/77 | €460 | €393 | -€67 | -14.5% |
| Profit (loss) for the period | 9904 | -€2,850 | -€4,818 | -€1,968 | -69.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,850 | -€4,818 | -€1,968 | -69.0% |
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.