FISCOM CARDINALE: what changed
Two financial 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.
FISCOM CARDINALE
Largest movements
- Receivables within one year +€9,435
up €9,435 (+20.4%), from €46,164 to €55,598
of which Other amounts receivable: +€4,757
- Tangible fixed assets +€3,799
up €3,799 (+114%), from €3,325 to €7,124
of which Furniture and vehicles: +€2,873
- Deferred charges and accrued income +€1,048
up €1,048 (+290%), from €362 to €1,410
- Cash +€709
up €709 (+23.7%), from €2,988 to €3,697
mainly Debts after one year (+€9,004) and Tax, wage and social debts (+€6,507)
- Debts after one year +€9,004
new in 2025: €9,004
- Profit (loss) carried forward -€7,264
down €7,264 (-150%), from -€4,851 to -€12,115
- Tax, wage and social debts +€6,507
up €6,507 (+34.1%), from €19,082 to €25,590
of which Taxes: +€5,474
- Short-term financial debts +€5,268
up €5,268 (+33.6%), from €15,656 to €20,924
- Current portion of long-term debt +€2,353
new in 2025: €2,353
- Gross operating margin -€7,132
down €7,132 (-37.7%), from €18,914 to €11,782
- Purchases and services +€5,610
up €5,610 (+5.0%), from €111,463 to €117,073
- Turnover -€1,522
down €1,522 (-1.2%), from €130,377 to €128,855
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.
Derived cash bridge
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 | €52,954 | €67,944 | +€14,990 | +28.3% |
| Fixed assets | 21/28 | €3,440 | €7,239 | +€3,799 | +110% |
| Tangible fixed assets | 22/27 | €3,325 | €7,124 | +€3,799 | +114% |
| Furniture and vehicles | 24 | €2,979 | €5,852 | +€2,873 | +96.4% |
| Other tangible fixed assets | 26 | €346 | €1,272 | +€926 | +268% |
| Financial fixed assets | 28 | €115 | €115 | = | 0.0% |
| Current assets | 29/58 | €49,513 | €60,705 | +€11,191 | +22.6% |
| Amounts receivable within one year | 40/41 | €46,164 | €55,598 | +€9,435 | +20.4% |
| Trade receivables | 40 | €22,639 | €27,317 | +€4,678 | +20.7% |
| Other amounts receivable | 41 | €23,524 | €28,282 | +€4,757 | +20.2% |
| Cash at bank and in hand | 54/58 | €2,988 | €3,697 | +€709 | +23.7% |
| Deferred charges and accrued income | 490/1 | €362 | €1,410 | +€1,048 | +290% |
| Total equity and liabilities | 10/49 | €52,954 | €67,944 | +€14,990 | +28.3% |
| Equity | 10/15 | €16,373 | €9,110 | -€7,264 | -44.4% |
| Contributions | 10/11 | €19,795 | €19,795 | = | 0.0% |
| Reserves | 13 | €1,430 | €1,430 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,430 | €1,430 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,851 | -€12,115 | -€7,264 | -150% |
| Amounts payable | 17/49 | €36,580 | €58,834 | +€22,254 | +60.8% |
| Amounts payable after more than one year | 17 | - | €9,004 | +€9,004 | |
| Financial debts | 170/4 | - | €9,004 | +€9,004 | |
| Amounts payable within one year | 42/48 | €36,580 | €49,830 | +€13,250 | +36.2% |
| Current portion of amounts payable after more than one year | 42 | - | €2,353 | +€2,353 | |
| Financial debts | 43 | €15,656 | €20,924 | +€5,268 | +33.6% |
| Credit institutions | 430/8 | €15,656 | €20,924 | +€5,268 | +33.6% |
| Trade debts | 44 | €1,042 | €963 | -€79 | -7.6% |
| Suppliers | 440/4 | €1,042 | €963 | -€79 | -7.6% |
| Advances received on contracts in progress | 46 | €800 | - | -€800 | |
| Taxes, remuneration and social security | 45 | €19,082 | €25,590 | +€6,507 | +34.1% |
| Taxes | 450/3 | €16,064 | €21,538 | +€5,474 | +34.1% |
| Remuneration and social security | 454/9 | €3,018 | €4,051 | +€1,033 | +34.2% |
| Turnover | 70 | €130,377 | €128,855 | -€1,522 | -1.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €111,463 | €117,073 | +€5,610 | +5.0% |
| Remuneration, social security and pensions | 62 | €9,399 | €9,823 | +€424 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,666 | €1,648 | -€18 | -1.1% |
| Other operating charges | 640/8 | €2,453 | €3,018 | +€565 | +23.0% |
| Gross operating margin | 9900 | €18,914 | €11,782 | -€7,132 | -37.7% |
| Operating profit (loss) | 9901 | €5,396 | -€2,707 | -€8,103 | |
| Financial income | 75/76B | €62 | €30 | -€32 | -51.4% |
| Recurring financial income | 75 | €62 | €30 | -€32 | -51.4% |
| Financial charges | 65/66B | €3,828 | €4,146 | +€318 | +8.3% |
| Recurring financial charges | 65 | €3,828 | €4,146 | +€318 | +8.3% |
| Profit (loss) for the period before taxes | 9903 | €1,630 | -€6,823 | -€8,453 | |
| Income taxes | 67/77 | - | €440 | +€440 | |
| Profit (loss) for the period | 9904 | €1,630 | -€7,264 | -€8,893 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,630 | -€7,264 | -€8,893 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.