FISCOLINE: 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.
FISCOLINE
Largest movements
- Tangible fixed assets -€6,928
down €6,928 (-6.3%), from €110,479 to €103,551
of which Land and buildings: -€4,643
- Cash +€5,188
up €5,188 (+25.0%), from €20,739 to €25,926
mainly Depreciation (+€10,331) and Net result for the year (+€6,099)
- Receivables within one year +€3,304
up €3,304 (+112.5%), from €2,936 to €6,240
of which Trade receivables: +€3,208
- Reserves +€2,579
up €2,579 (+46.8%), from €5,508 to €8,087
of which Distributable reserves: +€2,350
- Debts after one year -€2,466
down €2,466 (-4.0%), from €61,388 to €58,922
of which Financial debts: -€3,666
- Profit (loss) carried forward +€1,520
up €1,520 (+3256.8%), from €47 to €1,566
- Tax, wage and social debts -€1,397
down €1,397 (-34.2%), from €4,079 to €2,683
- Gross operating margin -€49,943
down €49,943 (-68.9%), from €72,524 to €22,580
- Staff costs -€49,700
down €49,700 (-97.6%), from €50,900 to €1,200
- Depreciation +€2,447
up €2,447 (+31.0%), from €7,884 to €10,331
- Taxes -€2,202
down €2,202 (-91.7%), from €2,402 to €199
- Other operating charges -€769
down €769 (-31.2%), from €2,463 to €1,694
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 | €136,233 | €138,130 | +€1,897 | +1.4% |
| Formation expenses | 20 | €183 | €76 | -€107 | -58.4% |
| Fixed assets | 21/28 | €110,479 | €103,551 | -€6,928 | -6.3% |
| Tangible fixed assets | 22/27 | €110,479 | €103,551 | -€6,928 | -6.3% |
| Land and buildings | 22 | €87,285 | €82,643 | -€4,643 | -5.3% |
| Plant, machinery and equipment | 23 | €280 | €46 | -€235 | -83.8% |
| Furniture and vehicles | 24 | €22,913 | €20,863 | -€2,050 | -8.9% |
| Current assets | 29/58 | €25,571 | €34,503 | +€8,932 | +34.9% |
| Amounts receivable within one year | 40/41 | €2,936 | €6,240 | +€3,304 | +112.5% |
| Trade receivables | 40 | €2,337 | €5,545 | +€3,208 | +137.2% |
| Other amounts receivable | 41 | €598 | €694 | +€96 | +16.0% |
| Cash at bank and in hand | 54/58 | €20,739 | €25,926 | +€5,188 | +25.0% |
| Deferred charges and accrued income | 490/1 | €1,897 | €2,337 | +€440 | +23.2% |
| Total equity and liabilities | 10/49 | €136,233 | €138,130 | +€1,897 | +1.4% |
| Equity | 10/15 | €67,054 | €71,153 | +€4,099 | +6.1% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €5,508 | €8,087 | +€2,579 | +46.8% |
| Non-distributable reserves | 130/1 | €158 | €387 | +€229 | +145.5% |
| Legal reserve | 130 | €158 | €387 | +€229 | +145.5% |
| Distributable reserves | 133 | €5,350 | €7,700 | +€2,350 | +43.9% |
| Profit (loss) carried forward | 14 | €47 | €1,566 | +€1,520 | +3256.8% |
| Amounts payable | 17/49 | €69,179 | €66,977 | -€2,202 | -3.2% |
| Amounts payable after more than one year | 17 | €61,388 | €58,922 | -€2,466 | -4.0% |
| Financial debts | 170/4 | €61,388 | €57,722 | -€3,666 | -6.0% |
| Other amounts payable | 178/9 | - | €1,200 | +€1,200 | |
| Amounts payable within one year | 42/48 | €7,791 | €8,055 | +€264 | +3.4% |
| Current portion of amounts payable after more than one year | 42 | €3,562 | €3,666 | +€104 | +2.9% |
| Trade debts | 44 | €149 | €1,255 | +€1,106 | +740.1% |
| Suppliers | 440/4 | €149 | €1,255 | +€1,106 | +740.1% |
| Taxes, remuneration and social security | 45 | €4,079 | €2,683 | -€1,397 | -34.2% |
| Taxes | 450/3 | €4,079 | €2,683 | -€1,397 | -34.2% |
| Other amounts payable | 47/48 | - | €451 | +€451 | |
| Remuneration, social security and pensions | 62 | €50,900 | €1,200 | -€49,700 | -97.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,884 | €10,331 | +€2,447 | +31.0% |
| Other operating charges | 640/8 | €2,463 | €1,694 | -€769 | -31.2% |
| Gross operating margin | 9900 | €72,524 | €22,580 | -€49,943 | -68.9% |
| Operating profit (loss) | 9901 | €11,277 | €9,356 | -€1,921 | -17.0% |
| Financial income | 75/76B | €367 | €178 | -€188 | -51.4% |
| Recurring financial income | 75 | €367 | €178 | -€188 | -51.4% |
| Financial charges | 65/66B | €3,687 | €3,236 | -€452 | -12.3% |
| Recurring financial charges | 65 | €3,687 | €3,236 | -€452 | -12.3% |
| Profit (loss) for the period before taxes | 9903 | €7,956 | €6,298 | -€1,658 | -20.8% |
| Income taxes | 67/77 | €2,402 | €199 | -€2,202 | -91.7% |
| Profit (loss) for the period | 9904 | €5,554 | €6,099 | +€545 | +9.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,554 | €6,099 | +€545 | +9.8% |
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 7 October 2026 via checked.be.