FISCOZONE: 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.
FISCOZONE
Largest movements
- Receivables after one year -€203,500
no longer reported in 2025 (was €203,500)
- Cash +€46,278
up €46,278 (+688.7%), from €6,720 to €52,998
mainly Receivables after one year (+€203,500) and Depreciation (+€86,659)
- Receivables within one year +€44,024
up €44,024 (+328.2%), from €13,414 to €57,438
of which Trade receivables: +€39,796
- Tangible fixed assets -€40,014
down €40,014 (-2.2%), from €1.8m to €1.8m
of which Land and buildings: -€46,292
- Debts after one year -€198,555
down €198,555 (-12.6%), from €1.6m to €1.4m
- Reserves +€30,097
up €30,097 (+15.2%), from €197,867 to €227,964
of which Distributable reserves: +€30,097
- Gross operating margin -€43,607
down €43,607 (-15.1%), from €289,135 to €245,528
- Staff costs +€33,630
up €33,630 (+153.2%), from €21,947 to €55,577
- Depreciation -€15,885
down €15,885 (-15.5%), from €102,544 to €86,659
- Taxes -€13,026
down €13,026 (-49.0%), from €26,587 to €13,561
- Financial income +€10,296
up €10,296 (+106.4%), from €9,676 to €19,972
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 | €2,087,184 | €1,910,430 | -€176,754 | -8.5% |
| Fixed assets | 21/28 | €1,791,537 | €1,751,523 | -€40,014 | -2.2% |
| Tangible fixed assets | 22/27 | €1,791,537 | €1,751,523 | -€40,014 | -2.2% |
| Land and buildings | 22 | €1,319,665 | €1,273,373 | -€46,292 | -3.5% |
| Plant, machinery and equipment | 23 | €447,570 | €462,614 | +€15,044 | +3.4% |
| Furniture and vehicles | 24 | €6,589 | €2,387 | -€4,202 | -63.8% |
| Leasing and similar rights | 25 | €17,038 | €12,778 | -€4,260 | -25.0% |
| Other tangible fixed assets | 26 | €675 | €371 | -€304 | -45.0% |
| Current assets | 29/58 | €295,647 | €158,907 | -€136,740 | -46.3% |
| Amounts receivable after more than one year | 29 | €203,500 | - | -€203,500 | |
| Other amounts receivable | 291 | €203,500 | - | -€203,500 | |
| Amounts receivable within one year | 40/41 | €13,414 | €57,438 | +€44,024 | +328.2% |
| Trade receivables | 40 | €10,826 | €50,622 | +€39,796 | +367.6% |
| Other amounts receivable | 41 | €2,588 | €6,816 | +€4,228 | +163.4% |
| Current investments | 50/53 | €55,396 | €37,716 | -€17,680 | -31.9% |
| Cash at bank and in hand | 54/58 | €6,720 | €52,998 | +€46,278 | +688.7% |
| Deferred charges and accrued income | 490/1 | €16,617 | €10,755 | -€5,862 | -35.3% |
| Total equity and liabilities | 10/49 | €2,087,184 | €1,910,430 | -€176,754 | -8.5% |
| Equity | 10/15 | €222,867 | €252,964 | +€30,097 | +13.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €197,867 | €227,964 | +€30,097 | +15.2% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €17,000 | €17,000 | = | 0.0% |
| Distributable reserves | 133 | €178,367 | €208,464 | +€30,097 | +16.9% |
| Provisions and deferred taxes | 16 | €3,090 | €3,090 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €3,090 | €3,090 | = | 0.0% |
| Major repairs and maintenance | 162 | €3,090 | €3,090 | = | 0.0% |
| Amounts payable | 17/49 | €1,861,227 | €1,654,376 | -€206,851 | -11.1% |
| Amounts payable after more than one year | 17 | €1,581,221 | €1,382,666 | -€198,555 | -12.6% |
| Financial debts | 170/4 | €1,581,221 | €1,382,666 | -€198,555 | -12.6% |
| Amounts payable within one year | 42/48 | €276,781 | €267,806 | -€8,975 | -3.2% |
| Current portion of amounts payable after more than one year | 42 | €169,475 | €177,694 | +€8,219 | +4.8% |
| Trade debts | 44 | €25,064 | €21,178 | -€3,886 | -15.5% |
| Suppliers | 440/4 | €25,064 | €21,178 | -€3,886 | -15.5% |
| Taxes, remuneration and social security | 45 | €23,985 | €20,383 | -€3,602 | -15.0% |
| Taxes | 450/3 | €20,889 | €11,560 | -€9,329 | -44.7% |
| Remuneration and social security | 454/9 | €3,096 | €8,823 | +€5,727 | +185.0% |
| Other amounts payable | 47/48 | €58,257 | €48,551 | -€9,706 | -16.7% |
| Accrued charges and deferred income | 492/3 | €3,225 | €3,904 | +€679 | +21.1% |
| Non-recurring operating income | 76A | €93,742 | - | -€93,742 | |
| Remuneration, social security and pensions | 62 | €21,947 | €55,577 | +€33,630 | +153.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €102,544 | €86,659 | -€15,885 | -15.5% |
| Other operating charges | 640/8 | €10,378 | €12,483 | +€2,105 | +20.3% |
| Non-recurring operating charges | 66A | - | €517 | +€517 | |
| Gross operating margin | 9900 | €289,135 | €245,528 | -€43,607 | -15.1% |
| Operating profit (loss) | 9901 | €154,266 | €90,292 | -€63,974 | -41.5% |
| Financial income | 75/76B | €9,676 | €19,972 | +€10,296 | +106.4% |
| Recurring financial income | 75 | €9,676 | €19,972 | +€10,296 | +106.4% |
| Financial charges | 65/66B | €71,817 | €66,606 | -€5,211 | -7.3% |
| Recurring financial charges | 65 | €71,817 | €66,606 | -€5,211 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €92,125 | €43,658 | -€48,467 | -52.6% |
| Income taxes | 67/77 | €26,587 | €13,561 | -€13,026 | -49.0% |
| Profit (loss) for the period | 9904 | €65,538 | €30,097 | -€35,441 | -54.1% |
| Profit (loss) for the period to be appropriated | 9905 | €65,538 | €30,097 | -€35,441 | -54.1% |
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 8 October 2026 via checked.be.