Fish Off The Hook: 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 Off The Hook
Largest movements
- Cash +€144,328
up €144,328 (+108%), from €133,560 to €277,888
mainly Net result for the year (+€109,894) and Depreciation (+€108,884)
- Tangible fixed assets -€73,380
down €73,380 (-18.3%), from €401,701 to €328,322
of which Furniture and vehicles: -€76,274
- Reserves +€109,894
up €109,894 (+90.9%), from €120,872 to €230,766
- Debts after one year -€44,372
down €44,372 (-18.6%), from €238,808 to €194,436
- Tax, wage and social debts +€31,206
up €31,206 (+157%), from €19,846 to €51,052
of which Taxes: +€31,514
- Trade debts -€25,384
down €25,384 (-44.6%), from €56,946 to €31,562
- Gross operating margin +€58,551
up €58,551 (+27.7%), from €211,603 to €270,154
- Taxes +€15,528
up €15,528 (+109%), from €14,273 to €29,801
- Staff costs -€9,229
down €9,229 (-98.3%), from €9,393 to €164
- Depreciation +€8,274
up €8,274 (+8.2%), from €100,610 to €108,884
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 | €541,021 | €613,414 | +€72,393 | +13.4% |
| Fixed assets | 21/28 | €404,898 | €330,305 | -€74,593 | -18.4% |
| Intangible fixed assets | 21 | €3,061 | €1,848 | -€1,213 | -39.6% |
| Tangible fixed assets | 22/27 | €401,701 | €328,322 | -€73,380 | -18.3% |
| Plant, machinery and equipment | 23 | €10,211 | €7,720 | -€2,491 | -24.4% |
| Furniture and vehicles | 24 | €326,298 | €250,024 | -€76,274 | -23.4% |
| Other tangible fixed assets | 26 | €65,193 | €70,578 | +€5,385 | +8.3% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €136,123 | €283,109 | +€146,986 | +108% |
| Amounts receivable within one year | 40/41 | €2,240 | €4,742 | +€2,502 | +112% |
| Trade receivables | 40 | €0 | €4,640 | +€4,640 | +1,784,608% |
| Other amounts receivable | 41 | €2,239 | €101 | -€2,138 | -95.5% |
| Cash at bank and in hand | 54/58 | €133,560 | €277,888 | +€144,328 | +108% |
| Deferred charges and accrued income | 490/1 | €324 | €480 | +€156 | +48.1% |
| Total equity and liabilities | 10/49 | €541,021 | €613,414 | +€72,393 | +13.4% |
| Equity | 10/15 | €125,872 | €235,766 | +€109,894 | +87.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €120,872 | €230,766 | +€109,894 | +90.9% |
| Distributable reserves | 133 | €120,872 | €230,766 | +€109,894 | +90.9% |
| Amounts payable | 17/49 | €415,149 | €377,648 | -€37,501 | -9.0% |
| Amounts payable after more than one year | 17 | €238,808 | €194,436 | -€44,372 | -18.6% |
| Financial debts | 170/4 | €238,808 | €194,436 | -€44,372 | -18.6% |
| Amounts payable within one year | 42/48 | €171,850 | €179,536 | +€7,686 | +4.5% |
| Current portion of amounts payable after more than one year | 42 | €42,482 | €44,372 | +€1,890 | +4.4% |
| Trade debts | 44 | €56,946 | €31,562 | -€25,384 | -44.6% |
| Suppliers | 440/4 | €56,946 | €31,562 | -€25,384 | -44.6% |
| Taxes, remuneration and social security | 45 | €19,846 | €51,052 | +€31,206 | +157% |
| Taxes | 450/3 | €19,538 | €51,052 | +€31,514 | +161% |
| Remuneration and social security | 454/9 | €308 | €0 | -€308 | -100% |
| Other amounts payable | 47/48 | €52,576 | €52,550 | -€26 | -0.1% |
| Accrued charges and deferred income | 492/3 | €4,491 | €3,677 | -€814 | -18.1% |
| Non-recurring operating income | 76A | - | €6,775 | +€6,775 | |
| Remuneration, social security and pensions | 62 | €9,393 | €164 | -€9,229 | -98.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100,610 | €108,884 | +€8,274 | +8.2% |
| Other operating charges | 640/8 | €3,709 | €4,169 | +€460 | +12.4% |
| Gross operating margin | 9900 | €211,603 | €270,154 | +€58,551 | +27.7% |
| Operating profit (loss) | 9901 | €97,892 | €156,938 | +€59,046 | +60.3% |
| Financial income | 75/76B | €98 | €873 | +€774 | +789% |
| Recurring financial income | 75 | €98 | €873 | +€774 | +789% |
| Financial charges | 65/66B | €18,930 | €18,115 | -€815 | -4.3% |
| Recurring financial charges | 65 | €18,930 | €18,115 | -€815 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | €79,060 | €139,695 | +€60,635 | +76.7% |
| Income taxes | 67/77 | €14,273 | €29,801 | +€15,528 | +109% |
| Profit (loss) for the period | 9904 | €64,787 | €109,894 | +€45,107 | +69.6% |
| Profit (loss) for the period to be appropriated | 9905 | €64,787 | €109,894 | +€45,107 | +69.6% |
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 13 October 2026 via checked.be.