FISCUNA: 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.
FISCUNA
Largest movements
- Tangible fixed assets -€69,564
down €69,564 (-5.1%), from €1.4m to €1.3m
- Financial fixed assets +€31,914
up €31,914 (+9.2%), from €345,899 to €377,813
- Cash +€20,712
up €20,712 (+69.8%), from €29,663 to €50,375
mainly Depreciation (+€69,563) and Other debts (+€53,879)
- Debts after one year -€62,413
down €62,413 (-6.8%), from €924,086 to €861,673
of which Financial debts: -€62,413
- Other debts +€53,879
up €53,879 (+403%), from €13,381 to €67,260
- Gross operating margin -€15,303
down €15,303 (-15.8%), from €96,593 to €81,290
- Other operating charges -€6,865
down €6,865 (-42.3%), from €16,234 to €9,369
- Financial income -€2,772
no longer reported in 2025 (was €2,772)
- Financial charges -€1,238
down €1,238 (-13.3%), from €9,336 to €8,098
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 | €1,762,383 | €1,743,744 | -€18,639 | -1.1% |
| Fixed assets | 21/28 | €1,711,852 | €1,674,202 | -€37,650 | -2.2% |
| Tangible fixed assets | 22/27 | €1,365,953 | €1,296,389 | -€69,564 | -5.1% |
| Land and buildings | 22 | €1,365,953 | €1,296,389 | -€69,564 | -5.1% |
| Financial fixed assets | 28 | €345,899 | €377,813 | +€31,914 | +9.2% |
| Current assets | 29/58 | €50,531 | €69,542 | +€19,011 | +37.6% |
| Amounts receivable within one year | 40/41 | €20,868 | €19,167 | -€1,701 | -8.2% |
| Trade receivables | 40 | €5,710 | €18,686 | +€12,976 | +227% |
| Other amounts receivable | 41 | €15,158 | €481 | -€14,677 | -96.8% |
| Cash at bank and in hand | 54/58 | €29,663 | €50,375 | +€20,712 | +69.8% |
| Total equity and liabilities | 10/49 | €1,762,383 | €1,743,744 | -€18,639 | -1.1% |
| Equity | 10/15 | €729,620 | €724,697 | -€4,923 | -0.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €327,580 | €327,580 | = | 0.0% |
| Reserves | 13 | €214,130 | €211,680 | -€2,450 | -1.1% |
| Tax-exempt reserves | 132 | €214,130 | €211,680 | -€2,450 | -1.1% |
| Profit (loss) carried forward | 14 | €125,910 | €123,437 | -€2,473 | -2.0% |
| Provisions and deferred taxes | 16 | €9,799 | €8,983 | -€816 | -8.3% |
| Deferred taxes | 168 | €9,799 | €8,983 | -€816 | -8.3% |
| Amounts payable | 17/49 | €1,022,964 | €1,010,064 | -€12,900 | -1.3% |
| Amounts payable after more than one year | 17 | €924,086 | €861,673 | -€62,413 | -6.8% |
| Financial debts | 170/4 | €895,241 | €832,828 | -€62,413 | -7.0% |
| Other amounts payable | 178/9 | €28,845 | €28,845 | = | 0.0% |
| Amounts payable within one year | 42/48 | €98,878 | €148,391 | +€49,513 | +50.1% |
| Financial debts | 43 | €62,343 | €62,343 | = | 0.0% |
| Credit institutions | 430/8 | €62,343 | €62,343 | = | 0.0% |
| Trade debts | 44 | €23,154 | €18,788 | -€4,366 | -18.9% |
| Suppliers | 440/4 | €23,154 | €18,788 | -€4,366 | -18.9% |
| Other amounts payable | 47/48 | €13,381 | €67,260 | +€53,879 | +403% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,563 | €69,563 | = | 0.0% |
| Other operating charges | 640/8 | €16,234 | €9,369 | -€6,865 | -42.3% |
| Gross operating margin | 9900 | €96,593 | €81,290 | -€15,303 | -15.8% |
| Operating profit (loss) | 9901 | €10,796 | €2,358 | -€8,438 | -78.2% |
| Financial income | 75/76B | €2,772 | - | -€2,772 | |
| Recurring financial income | 75 | €2,772 | - | -€2,772 | |
| Financial charges | 65/66B | €9,336 | €8,098 | -€1,238 | -13.3% |
| Recurring financial charges | 65 | €9,336 | €8,098 | -€1,238 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €4,232 | -€5,740 | -€9,972 | |
| Transfer from deferred taxes | 780 | €817 | €817 | = | 0.0% |
| Profit (loss) for the period | 9904 | €5,049 | -€4,923 | -€9,972 | |
| Transfer from tax-exempt reserves | 789 | €2,450 | €2,450 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,499 | -€2,473 | -€9,972 |
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 13 October 2026 via checked.be.