FISHEXPERT: 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.
FISHEXPERT
Largest movements
- Cash +€98,252
up €98,252 (+353.7%), from €27,779 to €126,032
mainly Other debts (+€130,564) and Receivables within one year (+€76,627)
- Receivables within one year -€76,627
down €76,627 (-43.6%), from €175,787 to €99,160
of which Other amounts receivable: -€66,060
- Tangible fixed assets -€3,398
down €3,398 (-30.8%), from €11,029 to €7,631
of which Furniture and vehicles: -€1,808
- Profit (loss) carried forward -€130,865
down €130,865 (-99.0%), from €132,211 to €1,346
- Other debts +€130,564
up €130,564 (+1383.7%), from €9,436 to €140,000
- Trade debts +€37,971
up €37,971 (+120.8%), from €31,426 to €69,397
- Tax, wage and social debts -€13,088
down €13,088 (-39.2%), from €33,354 to €20,265
of which Taxes: -€8,097
- Accrued charges and deferred income -€3,387
no longer reported in 2025 (was €3,387)
- Gross operating margin -€219,940
down €219,940 (-58.4%), from €376,368 to €156,428
- Staff costs -€123,481
down €123,481 (-47.2%), from €261,483 to €138,002
- Taxes -€23,847
down €23,847 (-92.9%), from €25,668 to €1,821
- Other operating charges -€10,820
down €10,820 (-97.2%), from €11,134 to €314
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 | €218,487 | €238,780 | +€20,293 | +9.3% |
| Fixed assets | 21/28 | €11,029 | €7,631 | -€3,398 | -30.8% |
| Tangible fixed assets | 22/27 | €11,029 | €7,631 | -€3,398 | -30.8% |
| Plant, machinery and equipment | 23 | €6,074 | €4,484 | -€1,590 | -26.2% |
| Furniture and vehicles | 24 | €4,955 | €3,147 | -€1,808 | -36.5% |
| Current assets | 29/58 | €207,458 | €231,148 | +€23,691 | +11.4% |
| Stocks and contracts in progress | 3 | - | €1,162 | +€1,162 | |
| Stocks | 30/36 | - | €1,162 | +€1,162 | |
| Amounts receivable within one year | 40/41 | €175,787 | €99,160 | -€76,627 | -43.6% |
| Trade receivables | 40 | €60,673 | €50,106 | -€10,567 | -17.4% |
| Other amounts receivable | 41 | €115,114 | €49,053 | -€66,060 | -57.4% |
| Cash at bank and in hand | 54/58 | €27,779 | €126,032 | +€98,252 | +353.7% |
| Deferred charges and accrued income | 490/1 | €3,892 | €4,795 | +€903 | +23.2% |
| Total equity and liabilities | 10/49 | €218,487 | €238,780 | +€20,293 | +9.3% |
| Equity | 10/15 | €140,885 | €9,118 | -€131,768 | -93.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €132,211 | €1,346 | -€130,865 | -99.0% |
| Investment grants | 15 | €2,474 | €1,572 | -€903 | -36.5% |
| Amounts payable | 17/49 | €77,602 | €229,662 | +€152,060 | +195.9% |
| Amounts payable within one year | 42/48 | €74,215 | €229,662 | +€155,447 | +209.5% |
| Trade debts | 44 | €31,426 | €69,397 | +€37,971 | +120.8% |
| Suppliers | 440/4 | €31,426 | €69,397 | +€37,971 | +120.8% |
| Taxes, remuneration and social security | 45 | €33,354 | €20,265 | -€13,088 | -39.2% |
| Taxes | 450/3 | €10,373 | €2,276 | -€8,097 | -78.1% |
| Remuneration and social security | 454/9 | €22,981 | €17,989 | -€4,991 | -21.7% |
| Other amounts payable | 47/48 | €9,436 | €140,000 | +€130,564 | +1383.7% |
| Accrued charges and deferred income | 492/3 | €3,387 | - | -€3,387 | |
| Remuneration, social security and pensions | 62 | €261,483 | €138,002 | -€123,481 | -47.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,059 | €3,398 | +€1,339 | +65.0% |
| Other operating charges | 640/8 | €11,134 | €314 | -€10,820 | -97.2% |
| Gross operating margin | 9900 | €376,368 | €156,428 | -€219,940 | -58.4% |
| Operating profit (loss) | 9901 | €101,692 | €14,714 | -€86,977 | -85.5% |
| Financial income | 75/76B | €249 | €1,084 | +€835 | +335.1% |
| Recurring financial income | 75 | €249 | €1,084 | +€835 | +335.1% |
| Financial charges | 65/66B | €2,229 | €4,842 | +€2,613 | +117.2% |
| Recurring financial charges | 65 | €2,229 | €4,842 | +€2,613 | +117.2% |
| Profit (loss) for the period before taxes | 9903 | €99,712 | €10,956 | -€88,756 | -89.0% |
| Income taxes | 67/77 | €25,668 | €1,821 | -€23,847 | -92.9% |
| Profit (loss) for the period | 9904 | €74,044 | €9,135 | -€64,909 | -87.7% |
| Profit (loss) for the period to be appropriated | 9905 | €74,044 | €9,135 | -€64,909 | -87.7% |
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 3 October 2026 via checked.be.