FISCOMA: 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.
FISCOMA
Largest movements
- Intangible fixed assets -€16,675
down €16,675 (-12.6%), from €132,000 to €115,325
- Receivables within one year +€12,394
up €12,394 (+27.2%), from €45,542 to €57,935
of which Other amounts receivable: +€16,097
- Cash -€3,229
down €3,229 (-59.3%), from €5,449 to €2,220
mainly Contributions, distributions and other (-€40,000) and Debts after one year (-€18,347)
- Debts after one year -€18,347
down €18,347 (-22.1%), from €82,949 to €64,602
- Tax, wage and social debts +€4,689
up €4,689 (+154.8%), from €3,030 to €7,719
of which Remuneration and social security: +€4,052
- Profit (loss) carried forward +€4,179
up €4,179 (+208.6%), from €2,003 to €6,183
- Other debts +€2,697
up €2,697 (+5.1%), from €52,766 to €55,463
- Trade debts -€2,588
down €2,588 (-32.6%), from €7,940 to €5,352
- Gross operating margin +€16,069
up €16,069 (+19.8%), from €81,196 to €97,264
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 | €186,812 | €178,117 | -€8,695 | -4.7% |
| Fixed assets | 21/28 | €133,545 | €116,098 | -€17,448 | -13.1% |
| Intangible fixed assets | 21 | €132,000 | €115,325 | -€16,675 | -12.6% |
| Tangible fixed assets | 22/27 | €1,545 | €773 | -€773 | -50.0% |
| Plant, machinery and equipment | 23 | €1,545 | €773 | -€773 | -50.0% |
| Current assets | 29/58 | €53,266 | €62,019 | +€8,753 | +16.4% |
| Amounts receivable within one year | 40/41 | €45,542 | €57,935 | +€12,394 | +27.2% |
| Trade receivables | 40 | €45,057 | €41,353 | -€3,704 | -8.2% |
| Other amounts receivable | 41 | €485 | €16,582 | +€16,097 | +3318.1% |
| Cash at bank and in hand | 54/58 | €5,449 | €2,220 | -€3,229 | -59.3% |
| Deferred charges and accrued income | 490/1 | €2,276 | €1,864 | -€412 | -18.1% |
| Total equity and liabilities | 10/49 | €186,812 | €178,117 | -€8,695 | -4.7% |
| Equity | 10/15 | €22,455 | €26,634 | +€4,179 | +18.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,003 | €6,183 | +€4,179 | +208.6% |
| Amounts payable | 17/49 | €164,357 | €151,483 | -€12,874 | -7.8% |
| Amounts payable after more than one year | 17 | €82,949 | €64,602 | -€18,347 | -22.1% |
| Financial debts | 170/4 | €82,949 | €64,602 | -€18,347 | -22.1% |
| Amounts payable within one year | 42/48 | €81,408 | €86,881 | +€5,473 | +6.7% |
| Current portion of amounts payable after more than one year | 42 | €17,673 | €18,347 | +€674 | +3.8% |
| Trade debts | 44 | €7,940 | €5,352 | -€2,588 | -32.6% |
| Suppliers | 440/4 | €7,940 | €5,352 | -€2,588 | -32.6% |
| Taxes, remuneration and social security | 45 | €3,030 | €7,719 | +€4,689 | +154.8% |
| Taxes | 450/3 | €4 | €642 | +€637 | +14220.3% |
| Remuneration and social security | 454/9 | €3,025 | €7,077 | +€4,052 | +133.9% |
| Other amounts payable | 47/48 | €52,766 | €55,463 | +€2,697 | +5.1% |
| Remuneration, social security and pensions | 62 | €32,171 | €31,242 | -€929 | -2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,773 | €17,448 | +€675 | +4.0% |
| Other operating charges | 640/8 | €679 | €275 | -€404 | -59.5% |
| Gross operating margin | 9900 | €81,196 | €97,264 | +€16,069 | +19.8% |
| Operating profit (loss) | 9901 | €31,573 | €48,300 | +€16,727 | +53.0% |
| Financial charges | 65/66B | €4,926 | €4,121 | -€806 | -16.4% |
| Recurring financial charges | 65 | €4,926 | €4,121 | -€806 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | €26,646 | €44,179 | +€17,533 | +65.8% |
| Income taxes | 67/77 | €175 | - | -€175 | |
| Profit (loss) for the period | 9904 | €26,472 | €44,179 | +€17,708 | +66.9% |
| Profit (loss) for the period to be appropriated | 9905 | €26,472 | €44,179 | +€17,708 | +66.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.