FISCOBELE: 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.
FISCOBELE
Largest movements
- Cash +€8,961
up €8,961 (+60.4%), from €14,837 to €23,798
mainly Net result for the year (+€9,021) and Depreciation (+€1,157)
- Tangible fixed assets +€867
up €867 (+87.3%), from €993 to €1,861
- Deferred charges and accrued income +€646
new in 2025: €646
- Receivables within one year -€454
no longer reported in 2025 (was €454)
- Profit (loss) carried forward +€9,021
up €9,021 (+70.1%), from -€12,863 to -€3,842
- Other debts +€954
up €954 (+3.7%), from €26,090 to €27,044
- Gross operating margin +€1,647
up €1,647 (+18.3%), from €8,990 to €10,637
- Depreciation +€627
up €627 (+118.2%), from €530 to €1,157
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 | €16,284 | €26,304 | +€10,020 | +61.5% |
| Fixed assets | 21/28 | €993 | €1,861 | +€867 | +87.3% |
| Tangible fixed assets | 22/27 | €993 | €1,861 | +€867 | +87.3% |
| Furniture and vehicles | 24 | €993 | €1,861 | +€867 | +87.3% |
| Current assets | 29/58 | €15,290 | €24,443 | +€9,153 | +59.9% |
| Amounts receivable within one year | 40/41 | €454 | - | -€454 | |
| Trade receivables | 40 | €454 | - | -€454 | |
| Cash at bank and in hand | 54/58 | €14,837 | €23,798 | +€8,961 | +60.4% |
| Deferred charges and accrued income | 490/1 | - | €646 | +€646 | |
| Total equity and liabilities | 10/49 | €16,284 | €26,304 | +€10,020 | +61.5% |
| Equity | 10/15 | -€10,384 | -€1,363 | +€9,021 | +86.9% |
| Contributions | 10/11 | €2,479 | €2,479 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,863 | -€3,842 | +€9,021 | +70.1% |
| Amounts payable | 17/49 | €26,668 | €27,667 | +€1,000 | +3.7% |
| Amounts payable within one year | 42/48 | €26,668 | €27,667 | +€1,000 | +3.7% |
| Trade debts | 44 | - | €30 | +€30 | |
| Suppliers | 440/4 | - | €30 | +€30 | |
| Taxes, remuneration and social security | 45 | €578 | €593 | +€16 | +2.7% |
| Taxes | 450/3 | €578 | €593 | +€16 | +2.7% |
| Other amounts payable | 47/48 | €26,090 | €27,044 | +€954 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €530 | €1,157 | +€627 | +118.2% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €8,990 | €10,637 | +€1,647 | +18.3% |
| Operating profit (loss) | 9901 | €8,072 | €9,081 | +€1,008 | +12.5% |
| Financial charges | 65/66B | - | €60 | +€60 | |
| Recurring financial charges | 65 | - | €60 | +€60 | |
| Profit (loss) for the period before taxes | 9903 | €8,072 | €9,021 | +€948 | +11.7% |
| Profit (loss) for the period | 9904 | €8,072 | €9,021 | +€948 | +11.7% |
| Profit (loss) for the period to be appropriated | 9905 | €8,072 | €9,021 | +€948 | +11.7% |
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 29 September 2026 via checked.be.