Fiscopolis: 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.
Fiscopolis
Largest movements
- Receivables within one year +€683,686
up €683,686 (+136%), from €501,910 to €1.2m
of which Other amounts receivable: +€649,291
- Current investments -€600,000
no longer reported in 2025 (was €600,000)
- Intangible fixed assets +€362,093
new in 2025: €362,093
- Cash +€95,129
up €95,129 (+75.0%), from €126,841 to €221,970
mainly Current investments (+€600,000) and Debts after one year (+€486,459)
- Tangible fixed assets -€67,553
down €67,553 (-11.9%), from €569,571 to €502,018
of which Land and buildings: -€58,500
- Debts after one year +€486,459
up €486,459 (+262%), from €185,487 to €671,946
- Other debts -€223,909
down €223,909 (-99.4%), from €225,282 to €1,373
- Current portion of long-term debt +€133,525
up €133,525 (+282%), from €47,331 to €180,855
- Profit (loss) carried forward +€65,180
up €65,180 (+489%), from €13,336 to €78,515
- Trade debts -€31,034
down €31,034 (-22.6%), from €137,533 to €106,499
- Depreciation +€330,778
up €330,778 (+489%), from €67,682 to €398,461
- Gross operating margin +€158,094
up €158,094 (+19.7%), from €803,548 to €961,642
- Taxes -€60,353
down €60,353 (-66.4%), from €90,901 to €30,549
- Staff costs +€46,155
up €46,155 (+12.1%), from €382,846 to €429,001
- Financial charges +€12,682
up €12,682 (+416%), from €3,046 to €15,728
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 | €1,808,807 | €2,283,824 | +€475,017 | +26.3% |
| Fixed assets | 21/28 | €569,571 | €864,111 | +€294,539 | +51.7% |
| Intangible fixed assets | 21 | - | €362,093 | +€362,093 | |
| Tangible fixed assets | 22/27 | €569,571 | €502,018 | -€67,553 | -11.9% |
| Land and buildings | 22 | €526,500 | €468,000 | -€58,500 | -11.1% |
| Plant, machinery and equipment | 23 | €9,786 | €5,833 | -€3,953 | -40.4% |
| Other tangible fixed assets | 26 | €33,285 | €28,185 | -€5,100 | -15.3% |
| Current assets | 29/58 | €1,239,235 | €1,419,713 | +€180,478 | +14.6% |
| Amounts receivable within one year | 40/41 | €501,910 | €1,185,596 | +€683,686 | +136% |
| Trade receivables | 40 | €501,201 | €535,596 | +€34,396 | +6.9% |
| Other amounts receivable | 41 | €709 | €650,000 | +€649,291 | +91,538% |
| Current investments | 50/53 | €600,000 | - | -€600,000 | |
| Cash at bank and in hand | 54/58 | €126,841 | €221,970 | +€95,129 | +75.0% |
| Deferred charges and accrued income | 490/1 | €10,485 | €12,147 | +€1,662 | +15.9% |
| Total equity and liabilities | 10/49 | €1,808,807 | €2,283,824 | +€475,017 | +26.3% |
| Equity | 10/15 | €1,123,836 | €1,203,515 | +€79,680 | +7.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €1,085,500 | €1,100,000 | +€14,500 | +1.3% |
| Non-distributable reserves | 130/1 | €600,000 | - | -€600,000 | |
| Reserves not available under the articles | 1311 | €600,000 | - | -€600,000 | |
| Distributable reserves | 133 | €485,500 | €1,100,000 | +€614,500 | +127% |
| Profit (loss) carried forward | 14 | €13,336 | €78,515 | +€65,180 | +489% |
| Amounts payable | 17/49 | €684,971 | €1,080,308 | +€395,337 | +57.7% |
| Amounts payable after more than one year | 17 | €185,487 | €671,946 | +€486,459 | +262% |
| Financial debts | 170/4 | €185,487 | €671,946 | +€486,459 | +262% |
| Amounts payable within one year | 42/48 | €499,484 | €401,180 | -€98,304 | -19.7% |
| Current portion of amounts payable after more than one year | 42 | €47,331 | €180,855 | +€133,525 | +282% |
| Trade debts | 44 | €137,533 | €106,499 | -€31,034 | -22.6% |
| Suppliers | 440/4 | €137,533 | €106,499 | -€31,034 | -22.6% |
| Taxes, remuneration and social security | 45 | €89,339 | €112,453 | +€23,114 | +25.9% |
| Taxes | 450/3 | €45,462 | €62,107 | +€16,645 | +36.6% |
| Remuneration and social security | 454/9 | €43,878 | €50,346 | +€6,469 | +14.7% |
| Other amounts payable | 47/48 | €225,282 | €1,373 | -€223,909 | -99.4% |
| Accrued charges and deferred income | 492/3 | - | €7,182 | +€7,182 | |
| Remuneration, social security and pensions | 62 | €382,846 | €429,001 | +€46,155 | +12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,682 | €398,461 | +€330,778 | +489% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,051 | +€4,051 | |
| Other operating charges | 640/8 | €2,691 | €4,173 | +€1,482 | +55.1% |
| Gross operating margin | 9900 | €803,548 | €961,642 | +€158,094 | +19.7% |
| Operating profit (loss) | 9901 | €350,328 | €125,956 | -€224,372 | -64.0% |
| Financial income | 75/76B | €6,825 | - | -€6,825 | |
| Recurring financial income | 75 | €6,825 | - | -€6,825 | |
| Financial charges | 65/66B | €3,046 | €15,728 | +€12,682 | +416% |
| Recurring financial charges | 65 | €3,046 | €15,728 | +€12,682 | +416% |
| Profit (loss) for the period before taxes | 9903 | €354,107 | €110,228 | -€243,879 | -68.9% |
| Income taxes | 67/77 | €90,901 | €30,549 | -€60,353 | -66.4% |
| Profit (loss) for the period | 9904 | €263,206 | €79,680 | -€183,526 | -69.7% |
| Profit (loss) for the period to be appropriated | 9905 | €263,206 | €79,680 | -€183,526 | -69.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.