FISKALIZE: 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.
FISKALIZE
Largest movements
- Tangible fixed assets -€12,343
down €12,343 (-13.4%), from €91,851 to €79,508
of which Land and buildings: -€11,254
- Cash +€7,510
up €7,510 (+92.9%), from €8,081 to €15,591
mainly Net result for the year (+€63,779) and Other debts (+€27,017)
- Receivables within one year +€2,582
up €2,582 (+17.5%), from €14,793 to €17,375
of which Trade receivables: +€2,360
- Other debts +€27,017
up €27,017 (+66.8%), from €40,421 to €67,438
- Profit (loss) carried forward -€15,221
down €15,221 (-90.4%), from €16,828 to €1,608
- Reserves -€14,994
down €14,994 (-50.7%), from €29,575 to €14,580
of which Distributable reserves: -€14,994
- Tax, wage and social debts +€11,116
up €11,116 (+113%), from €9,832 to €20,947
- Current portion of long-term debt -€10,000
down €10,000 (-100%), from €10,000 to €0
- Gross operating margin +€4,517
up €4,517 (+5.0%), from €91,034 to €95,551
- Write-downs +€1,685
new in 2025: €1,685
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 | €126,225 | €123,845 | -€2,379 | -1.9% |
| Fixed assets | 21/28 | €91,851 | €79,508 | -€12,343 | -13.4% |
| Tangible fixed assets | 22/27 | €91,851 | €79,508 | -€12,343 | -13.4% |
| Land and buildings | 22 | €90,091 | €78,837 | -€11,254 | -12.5% |
| Furniture and vehicles | 24 | €1,760 | €670 | -€1,090 | -61.9% |
| Current assets | 29/58 | €34,374 | €44,338 | +€9,964 | +29.0% |
| Amounts receivable within one year | 40/41 | €14,793 | €17,375 | +€2,582 | +17.5% |
| Trade receivables | 40 | €14,793 | €17,153 | +€2,360 | +16.0% |
| Other amounts receivable | 41 | €0 | €222 | +€222 | |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €8,081 | €15,591 | +€7,510 | +92.9% |
| Deferred charges and accrued income | 490/1 | €11,500 | €11,372 | -€128 | -1.1% |
| Total equity and liabilities | 10/49 | €126,225 | €123,845 | -€2,379 | -1.9% |
| Equity | 10/15 | €65,003 | €34,788 | -€30,215 | -46.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €29,575 | €14,580 | -€14,994 | -50.7% |
| Tax-exempt reserves | 132 | €900 | €900 | = | 0.0% |
| Distributable reserves | 133 | €28,675 | €13,680 | -€14,994 | -52.3% |
| Profit (loss) carried forward | 14 | €16,828 | €1,608 | -€15,221 | -90.4% |
| Amounts payable | 17/49 | €61,222 | €89,058 | +€27,836 | +45.5% |
| Amounts payable within one year | 42/48 | €61,222 | €88,890 | +€27,668 | +45.2% |
| Current portion of amounts payable after more than one year | 42 | €10,000 | €0 | -€10,000 | -100% |
| Trade debts | 44 | €969 | €504 | -€465 | -48.0% |
| Suppliers | 440/4 | €969 | €504 | -€465 | -48.0% |
| Taxes, remuneration and social security | 45 | €9,832 | €20,947 | +€11,116 | +113% |
| Taxes | 450/3 | €9,832 | €20,947 | +€11,116 | +113% |
| Other amounts payable | 47/48 | €40,421 | €67,438 | +€27,017 | +66.8% |
| Accrued charges and deferred income | 492/3 | €0 | €168 | +€168 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,343 | €12,343 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,685 | +€1,685 | |
| Other operating charges | 640/8 | €1,472 | €1,586 | +€114 | +7.7% |
| Gross operating margin | 9900 | €91,034 | €95,551 | +€4,517 | +5.0% |
| Operating profit (loss) | 9901 | €77,219 | €79,938 | +€2,719 | +3.5% |
| Financial income | 75/76B | €737 | €2 | -€736 | -99.8% |
| Recurring financial income | 75 | €737 | €2 | -€736 | -99.8% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €514 | €131 | -€383 | -74.4% |
| Recurring financial charges | 65 | €514 | €131 | -€383 | -74.4% |
| Profit (loss) for the period before taxes | 9903 | €77,442 | €79,808 | +€2,366 | +3.1% |
| Income taxes | 67/77 | €15,614 | €16,028 | +€415 | +2.7% |
| Profit (loss) for the period | 9904 | €61,828 | €63,779 | +€1,951 | +3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €61,828 | €63,779 | +€1,951 | +3.2% |
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 17 October 2026 via checked.be.