FISH CONNECT: 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.
FISH CONNECT
Largest movements
- Cash +€102,213
up €102,213 (+568.3%), from €17,987 to €120,200
mainly Current investments (+€60,000) and Net result for the year (+€34,835)
- Current investments -€60,000
no longer reported in 2025 (was €60,000)
- Receivables within one year -€3,568
down €3,568 (-93.1%), from €3,832 to €264
- Reserves +€34,835
up €34,835 (+44.4%), from €78,430 to €113,265
- Other debts +€3,327
up €3,327 (+68.6%), from €4,852 to €8,179
- Trade debts -€2,975
down €2,975 (-95.4%), from €3,118 to €143
- Accrued charges and deferred income +€2,400
new in 2025: €2,400
- Gross operating margin +€3,135
up €3,135 (+7.0%), from €44,914 to €48,049
- Financial income +€1,218
new in 2025: €1,218
- Taxes +€1,167
up €1,167 (+9.2%), from €12,659 to €13,826
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 | €91,400 | €128,991 | +€37,591 | +41.1% |
| Current assets | 29/58 | €91,400 | €128,991 | +€37,591 | +41.1% |
| Amounts receivable within one year | 40/41 | €3,832 | €264 | -€3,568 | -93.1% |
| Other amounts receivable | 41 | €3,832 | €264 | -€3,568 | -93.1% |
| Current investments | 50/53 | €60,000 | - | -€60,000 | |
| Cash at bank and in hand | 54/58 | €17,987 | €120,200 | +€102,213 | +568.3% |
| Deferred charges and accrued income | 490/1 | €9,581 | €8,527 | -€1,054 | -11.0% |
| Total equity and liabilities | 10/49 | €91,400 | €128,991 | +€37,591 | +41.1% |
| Equity | 10/15 | €83,430 | €118,265 | +€34,835 | +41.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €78,430 | €113,265 | +€34,835 | +44.4% |
| Distributable reserves | 133 | €78,430 | €113,265 | +€34,835 | +44.4% |
| Amounts payable | 17/49 | €7,970 | €10,726 | +€2,756 | +34.6% |
| Amounts payable within one year | 42/48 | €7,970 | €8,326 | +€356 | +4.5% |
| Trade debts | 44 | €3,118 | €143 | -€2,975 | -95.4% |
| Suppliers | 440/4 | €3,118 | €143 | -€2,975 | -95.4% |
| Taxes, remuneration and social security | 45 | - | €3 | +€3 | |
| Taxes | 450/3 | - | €3 | +€3 | |
| Other amounts payable | 47/48 | €4,852 | €8,179 | +€3,327 | +68.6% |
| Accrued charges and deferred income | 492/3 | - | €2,400 | +€2,400 | |
| Other operating charges | 640/8 | €446 | €528 | +€82 | +18.3% |
| Gross operating margin | 9900 | €44,914 | €48,049 | +€3,135 | +7.0% |
| Operating profit (loss) | 9901 | €44,468 | €47,521 | +€3,054 | +6.9% |
| Financial income | 75/76B | - | €1,218 | +€1,218 | |
| Recurring financial income | 75 | - | €1,218 | +€1,218 | |
| Financial charges | 65/66B | €61 | €78 | +€17 | +28.3% |
| Recurring financial charges | 65 | €61 | €78 | +€17 | +28.3% |
| Profit (loss) for the period before taxes | 9903 | €44,407 | €48,661 | +€4,254 | +9.6% |
| Income taxes | 67/77 | €12,659 | €13,826 | +€1,167 | +9.2% |
| Profit (loss) for the period | 9904 | €31,748 | €34,835 | +€3,087 | +9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €31,748 | €34,835 | +€3,087 | +9.7% |
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 10 October 2026 via checked.be.