FISH CONSULTING: 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 CONSULTING
Largest movements
- Cash +€182,445
up €182,445 (+111%), from €164,055 to €346,500
mainly Current investments (+€125,975) and Investment in fixed assets (net) (+€96,396)
- Current investments -€125,975
down €125,975 (-71.6%), from €175,975 to €50,000
- Tangible fixed assets -€114,462
down €114,462 (-16.1%), from €709,557 to €595,094
of which Land and buildings: -€112,958
- Receivables within one year -€17,434
down €17,434 (-8.3%), from €209,157 to €191,724
of which Other amounts receivable: -€35,159
- Debts after one year -€89,846
down €89,846 (-16.1%), from €559,382 to €469,536
- Other debts +€42,226
up €42,226 (+36.2%), from €116,720 to €158,946
- Reserves -€35,370
down €35,370 (-7.6%), from €468,324 to €432,954
of which Distributable reserves: -€35,370
- Gross operating margin -€110,985
down €110,985 (-43.8%), from €253,362 to €142,377
- Taxes -€36,040
down €36,040 (-52.7%), from €68,351 to €32,311
- Financial charges +€11,378
up €11,378 (+149%), from €7,651 to €19,029
- Depreciation -€6,335
down €6,335 (-26.0%), from €24,402 to €18,067
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 | €1,262,429 | €1,187,487 | -€74,942 | -5.9% |
| Fixed assets | 21/28 | €709,557 | €595,094 | -€114,462 | -16.1% |
| Tangible fixed assets | 22/27 | €709,557 | €595,094 | -€114,462 | -16.1% |
| Land and buildings | 22 | €705,998 | €593,041 | -€112,958 | -16.0% |
| Furniture and vehicles | 24 | €3,558 | €2,054 | -€1,505 | -42.3% |
| Current assets | 29/58 | €552,873 | €592,393 | +€39,520 | +7.1% |
| Amounts receivable within one year | 40/41 | €209,157 | €191,724 | -€17,434 | -8.3% |
| Trade receivables | 40 | €108,302 | €126,027 | +€17,725 | +16.4% |
| Other amounts receivable | 41 | €100,855 | €65,697 | -€35,159 | -34.9% |
| Current investments | 50/53 | €175,975 | €50,000 | -€125,975 | -71.6% |
| Cash at bank and in hand | 54/58 | €164,055 | €346,500 | +€182,445 | +111% |
| Deferred charges and accrued income | 490/1 | €3,686 | €4,169 | +€483 | +13.1% |
| Total equity and liabilities | 10/49 | €1,262,429 | €1,187,487 | -€74,942 | -5.9% |
| Equity | 10/15 | €469,324 | €433,954 | -€35,370 | -7.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €468,324 | €432,954 | -€35,370 | -7.6% |
| Tax-exempt reserves | 132 | €18,567 | €18,567 | = | 0.0% |
| Distributable reserves | 133 | €449,757 | €414,387 | -€35,370 | -7.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €793,106 | €753,533 | -€39,573 | -5.0% |
| Amounts payable after more than one year | 17 | €559,382 | €469,536 | -€89,846 | -16.1% |
| Financial debts | 170/4 | €559,382 | €469,536 | -€89,846 | -16.1% |
| Amounts payable within one year | 42/48 | €224,478 | €273,476 | +€48,998 | +21.8% |
| Current portion of amounts payable after more than one year | 42 | €29,780 | €30,240 | +€459 | +1.5% |
| Trade debts | 44 | €11,061 | €5,931 | -€5,130 | -46.4% |
| Suppliers | 440/4 | €11,061 | €5,931 | -€5,130 | -46.4% |
| Taxes, remuneration and social security | 45 | €66,916 | €78,359 | +€11,443 | +17.1% |
| Taxes | 450/3 | €66,916 | €78,359 | +€11,443 | +17.1% |
| Other amounts payable | 47/48 | €116,720 | €158,946 | +€42,226 | +36.2% |
| Accrued charges and deferred income | 492/3 | €9,246 | €10,521 | +€1,275 | +13.8% |
| Non-recurring operating income | 76A | - | €703 | +€703 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,402 | €18,067 | -€6,335 | -26.0% |
| Other operating charges | 640/8 | €2,994 | €1,227 | -€1,768 | -59.0% |
| Gross operating margin | 9900 | €253,362 | €142,377 | -€110,985 | -43.8% |
| Operating profit (loss) | 9901 | €225,965 | €123,084 | -€102,882 | -45.5% |
| Financial income | 75/76B | €1,517 | €2,427 | +€909 | +59.9% |
| Recurring financial income | 75 | €1,517 | €2,427 | +€909 | +59.9% |
| Financial charges | 65/66B | €7,651 | €19,029 | +€11,378 | +149% |
| Recurring financial charges | 65 | €7,651 | €19,029 | +€11,378 | +149% |
| Profit (loss) for the period before taxes | 9903 | €219,832 | €106,482 | -€113,350 | -51.6% |
| Income taxes | 67/77 | €68,351 | €32,311 | -€36,040 | -52.7% |
| Profit (loss) for the period | 9904 | €151,480 | €74,170 | -€77,310 | -51.0% |
| Profit (loss) for the period to be appropriated | 9905 | €151,480 | €74,170 | -€77,310 | -51.0% |
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 15 October 2026 via checked.be.