FISCOLEC: 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.
FISCOLEC
Largest movements
- Cash +€56,196
up €56,196 (+687.2%), from €8,178 to €64,374
mainly Net result for the year (+€71,626) and Depreciation (+€18,046)
- Receivables within one year +€15,690
up €15,690 (+104.1%), from €15,075 to €30,765
of which Trade receivables: +€17,883
- Tangible fixed assets -€8,956
down €8,956 (-23.2%), from €38,642 to €29,686
- Intangible fixed assets -€7,860
down €7,860 (-16.7%), from €47,141 to €39,281
- Reserves +€66,544
up €66,544 (+137.6%), from €48,349 to €114,893
- Other debts -€18,815
down €18,815 (-72.8%), from €25,837 to €7,023
- Tax, wage and social debts +€17,012
up €17,012 (+118.7%), from €14,329 to €31,342
of which Taxes: +€8,617
- Trade debts -€8,940
down €8,940 (-48.3%), from €18,520 to €9,580
- Turnover -€166,363
no longer reported in 2025 (was €166,363)
- Gross operating margin +€106,709
up €106,709 (+173.2%), from €61,622 to €168,332
- Purchases and services -€106,451
no longer reported in 2025 (was €106,451)
- Staff costs +€57,314
new in 2025: €57,314
- Taxes +€6,955
up €6,955 (+50.3%), from €13,831 to €20,786
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 | €109,035 | €164,838 | +€55,802 | +51.2% |
| Fixed assets | 21/28 | €85,783 | €68,967 | -€16,816 | -19.6% |
| Intangible fixed assets | 21 | €47,141 | €39,281 | -€7,860 | -16.7% |
| Tangible fixed assets | 22/27 | €38,642 | €29,686 | -€8,956 | -23.2% |
| Furniture and vehicles | 24 | €38,642 | €29,686 | -€8,956 | -23.2% |
| Current assets | 29/58 | €23,253 | €95,871 | +€72,618 | +312.3% |
| Amounts receivable within one year | 40/41 | €15,075 | €30,765 | +€15,690 | +104.1% |
| Trade receivables | 40 | €12,501 | €30,384 | +€17,883 | +143.0% |
| Other amounts receivable | 41 | €2,574 | €381 | -€2,193 | -85.2% |
| Cash at bank and in hand | 54/58 | €8,178 | €64,374 | +€56,196 | +687.2% |
| Deferred charges and accrued income | 490/1 | €0 | €732 | +€732 | |
| Total equity and liabilities | 10/49 | €109,035 | €164,838 | +€55,802 | +51.2% |
| Equity | 10/15 | €50,349 | €116,893 | +€66,544 | +132.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €48,349 | €114,893 | +€66,544 | +137.6% |
| Distributable reserves | 133 | €48,349 | €114,893 | +€66,544 | +137.6% |
| Amounts payable | 17/49 | €58,686 | €47,944 | -€10,742 | -18.3% |
| Amounts payable within one year | 42/48 | €58,686 | €47,944 | -€10,742 | -18.3% |
| Trade debts | 44 | €18,520 | €9,580 | -€8,940 | -48.3% |
| Suppliers | 440/4 | €18,520 | €9,580 | -€8,940 | -48.3% |
| Taxes, remuneration and social security | 45 | €14,329 | €31,342 | +€17,012 | +118.7% |
| Taxes | 450/3 | €14,329 | €22,946 | +€8,617 | +60.1% |
| Remuneration and social security | 454/9 | €0 | €8,396 | +€8,396 | |
| Other amounts payable | 47/48 | €25,837 | €7,023 | -€18,815 | -72.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Turnover | 70 | €166,363 | - | -€166,363 | |
| Goods, raw materials, services and sundry goods | 60/61 | €106,451 | - | -€106,451 | |
| Remuneration, social security and pensions | 62 | - | €57,314 | +€57,314 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,947 | €18,046 | +€6,099 | +51.1% |
| Other operating charges | 640/8 | €2,686 | €507 | -€2,180 | -81.1% |
| Gross operating margin | 9900 | €61,622 | €168,332 | +€106,709 | +173.2% |
| Operating profit (loss) | 9901 | €46,990 | €92,465 | +€45,475 | +96.8% |
| Financial income | 75/76B | €738 | - | -€738 | |
| Recurring financial income | 75 | €738 | - | -€738 | |
| Financial charges | 65/66B | €135 | €53 | -€82 | -60.8% |
| Recurring financial charges | 65 | €135 | €53 | -€82 | -60.8% |
| Profit (loss) for the period before taxes | 9903 | €47,593 | €92,412 | +€44,819 | +94.2% |
| Income taxes | 67/77 | €13,831 | €20,786 | +€6,955 | +50.3% |
| Profit (loss) for the period | 9904 | €33,762 | €71,626 | +€37,864 | +112.1% |
| Profit (loss) for the period to be appropriated | 9905 | €33,762 | €71,626 | +€37,864 | +112.1% |
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.