FISH.DIGITAL: 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.
FISH.DIGITAL
Largest movements
- Tangible fixed assets +€240,233
up €240,233 (+1676.4%), from €14,331 to €254,563
of which Land and buildings: +€236,261
- Receivables within one year +€61,779
up €61,779 (+543.7%), from €11,363 to €73,142
of which Trade receivables: +€57,580
- Cash -€11,188
down €11,188 (-77.5%), from €14,429 to €3,242
mainly Investment in fixed assets (net) (-€249,363) and Receivables within one year (-€61,779)
- Debts after one year +€182,581
up €182,581 (+2566.0%), from €7,115 to €189,696
- Contributions +€100,000
up €100,000 (+10000.0%), from €1,000 to €101,000
- Other debts +€14,756
up €14,756 (+5031.8%), from €293 to €15,049
- Reserves -€7,802
down €7,802 (-9.3%), from €84,155 to €76,353
- Gross operating margin -€33,701
down €33,701 (-62.0%), from €54,360 to €20,659
- Taxes -€11,963
down €11,963 (-85.8%), from €13,943 to €1,979
- Depreciation +€5,479
up €5,479 (+150.1%), from €3,651 to €9,131
- Financial charges +€4,035
up €4,035 (+276.9%), from €1,457 to €5,492
- Financial income +€1,779
up €1,779 (+381.1%), from €467 to €2,245
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 | €99,607 | €392,840 | +€293,233 | +294.4% |
| Fixed assets | 21/28 | €14,331 | €254,563 | +€240,233 | +1676.4% |
| Tangible fixed assets | 22/27 | €14,331 | €254,563 | +€240,233 | +1676.4% |
| Land and buildings | 22 | €2,042 | €238,303 | +€236,261 | +11570.4% |
| Plant, machinery and equipment | 23 | €463 | €0 | -€463 | -100.0% |
| Furniture and vehicles | 24 | €11,826 | €16,260 | +€4,435 | +37.5% |
| Current assets | 29/58 | €85,277 | €138,277 | +€53,000 | +62.2% |
| Amounts receivable within one year | 40/41 | €11,363 | €73,142 | +€61,779 | +543.7% |
| Trade receivables | 40 | €9,868 | €67,448 | +€57,580 | +583.5% |
| Other amounts receivable | 41 | €1,495 | €5,694 | +€4,199 | +280.8% |
| Current investments | 50/53 | €56,387 | €60,148 | +€3,761 | +6.7% |
| Cash at bank and in hand | 54/58 | €14,429 | €3,242 | -€11,188 | -77.5% |
| Deferred charges and accrued income | 490/1 | €3,098 | €1,745 | -€1,353 | -43.7% |
| Total equity and liabilities | 10/49 | €99,607 | €392,840 | +€293,233 | +294.4% |
| Equity | 10/15 | €85,155 | €177,353 | +€92,198 | +108.3% |
| Contributions | 10/11 | €1,000 | €101,000 | +€100,000 | +10000.0% |
| Reserves | 13 | €84,155 | €76,353 | -€7,802 | -9.3% |
| Distributable reserves | 133 | €84,155 | €76,353 | -€7,802 | -9.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €14,452 | €215,487 | +€201,035 | +1391.0% |
| Amounts payable after more than one year | 17 | €7,115 | €189,696 | +€182,581 | +2566.0% |
| Financial debts | 170/4 | €7,115 | €189,696 | +€182,581 | +2566.0% |
| Amounts payable within one year | 42/48 | €7,337 | €25,791 | +€18,455 | +251.5% |
| Current portion of amounts payable after more than one year | 42 | €3,544 | €3,658 | +€114 | +3.2% |
| Financial debts | 43 | €230 | €714 | +€484 | +210.9% |
| Credit institutions | 430/8 | €230 | €714 | +€484 | +210.9% |
| Trade debts | 44 | €1,902 | €1,219 | -€683 | -35.9% |
| Suppliers | 440/4 | €1,902 | €1,219 | -€683 | -35.9% |
| Taxes, remuneration and social security | 45 | €1,368 | €5,151 | +€3,782 | +276.4% |
| Taxes | 450/3 | €1,368 | €5,151 | +€3,782 | +276.4% |
| Other amounts payable | 47/48 | €293 | €15,049 | +€14,756 | +5031.8% |
| Non-recurring operating income | 76A | - | €700 | +€700 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,651 | €9,131 | +€5,479 | +150.1% |
| Other operating charges | 640/8 | €535 | €550 | +€14 | +2.7% |
| Non-recurring operating charges | 66A | €216 | €0 | -€216 | -100.0% |
| Gross operating margin | 9900 | €54,360 | €20,659 | -€33,701 | -62.0% |
| Operating profit (loss) | 9901 | €49,957 | €10,979 | -€38,978 | -78.0% |
| Financial income | 75/76B | €467 | €2,245 | +€1,779 | +381.1% |
| Recurring financial income | 75 | €467 | €2,245 | +€1,779 | +381.1% |
| Financial charges | 65/66B | €1,457 | €5,492 | +€4,035 | +276.9% |
| Recurring financial charges | 65 | €1,457 | €5,492 | +€4,035 | +276.9% |
| Profit (loss) for the period before taxes | 9903 | €48,967 | €7,733 | -€41,234 | -84.2% |
| Income taxes | 67/77 | €13,943 | €1,979 | -€11,963 | -85.8% |
| Profit (loss) for the period | 9904 | €35,024 | €5,753 | -€29,271 | -83.6% |
| Profit (loss) for the period to be appropriated | 9905 | €35,024 | €5,753 | -€29,271 | -83.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.