FISKAVAT: 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.
FISKAVAT
Largest movements
- Cash +€2,741
up €2,741 (+36.4%), from €7,537 to €10,278
mainly Net result for the year (+€6,248) and Tax, wage and social debts (+€3,023)
- Receivables within one year +€1,691
up €1,691 (+31.7%), from €5,343 to €7,034
of which Trade receivables: +€1,899
- Deferred charges and accrued income -€1,473
down €1,473 (-56.4%), from €2,612 to €1,139
- Tangible fixed assets -€925
down €925 (-8.3%), from €11,092 to €10,167
of which Furniture and vehicles: -€871
- Intangible fixed assets +€737
up €737 (+79.5%), from €927 to €1,664
- Profit (loss) carried forward +€3,999
no longer reported in 2025 (was -€3,999)
- Debts after one year -€3,366
down €3,366 (-53.6%), from €6,276 to €2,910
- Tax, wage and social debts +€3,023
up €3,023 (+28.0%), from €10,801 to €13,824
of which Remuneration and social security: +€3,202
- Trade debts -€2,740
down €2,740 (-72.5%), from €3,778 to €1,038
- Reserves +€2,249
up €2,249 (+134.6%), from €1,672 to €3,921
- Gross operating margin +€21,496
up €21,496 (+125.4%), from €17,136 to €38,632
- Staff costs +€13,454
up €13,454 (+112.7%), from €11,935 to €25,389
- Taxes +€2,253
up €2,253 (+1179.6%), from €191 to €2,444
- Depreciation +€2,020
up €2,020 (+218.1%), from €926 to €2,946
- Write-downs +€690
new in 2025: €690
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 | €28,711 | €31,482 | +€2,771 | +9.7% |
| Fixed assets | 21/28 | €13,219 | €13,031 | -€188 | -1.4% |
| Intangible fixed assets | 21 | €927 | €1,664 | +€737 | +79.5% |
| Tangible fixed assets | 22/27 | €11,092 | €10,167 | -€925 | -8.3% |
| Plant, machinery and equipment | 23 | €162 | €108 | -€54 | -33.3% |
| Furniture and vehicles | 24 | €10,930 | €10,059 | -€871 | -8.0% |
| Financial fixed assets | 28 | €1,200 | €1,200 | = | 0.0% |
| Current assets | 29/58 | €15,491 | €18,451 | +€2,960 | +19.1% |
| Amounts receivable within one year | 40/41 | €5,343 | €7,034 | +€1,691 | +31.7% |
| Trade receivables | 40 | €5,075 | €6,974 | +€1,899 | +37.4% |
| Other amounts receivable | 41 | €268 | €60 | -€208 | -77.6% |
| Cash at bank and in hand | 54/58 | €7,537 | €10,278 | +€2,741 | +36.4% |
| Deferred charges and accrued income | 490/1 | €2,612 | €1,139 | -€1,473 | -56.4% |
| Total equity and liabilities | 10/49 | €28,711 | €31,482 | +€2,771 | +9.7% |
| Equity | 10/15 | €673 | €6,921 | +€6,248 | +928.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €1,672 | €3,921 | +€2,249 | +134.6% |
| Distributable reserves | 133 | €1,672 | €3,921 | +€2,249 | +134.6% |
| Profit (loss) carried forward | 14 | -€3,999 | - | +€3,999 | |
| Amounts payable | 17/49 | €28,038 | €24,561 | -€3,477 | -12.4% |
| Amounts payable after more than one year | 17 | €6,276 | €2,910 | -€3,366 | -53.6% |
| Financial debts | 170/4 | €6,276 | €2,910 | -€3,366 | -53.6% |
| Amounts payable within one year | 42/48 | €21,762 | €21,651 | -€111 | -0.5% |
| Current portion of amounts payable after more than one year | 42 | €3,226 | €3,366 | +€140 | +4.3% |
| Trade debts | 44 | €3,778 | €1,038 | -€2,740 | -72.5% |
| Suppliers | 440/4 | €3,778 | €1,038 | -€2,740 | -72.5% |
| Taxes, remuneration and social security | 45 | €10,801 | €13,824 | +€3,023 | +28.0% |
| Taxes | 450/3 | €10,405 | €10,227 | -€178 | -1.7% |
| Remuneration and social security | 454/9 | €395 | €3,597 | +€3,202 | +810.5% |
| Other amounts payable | 47/48 | €3,957 | €3,423 | -€534 | -13.5% |
| Remuneration, social security and pensions | 62 | €11,935 | €25,389 | +€13,454 | +112.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €926 | €2,946 | +€2,020 | +218.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €690 | +€690 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €128 | +€128 | |
| Other operating charges | 640/8 | €420 | - | -€420 | |
| Non-recurring operating charges | 66A | €6,697 | - | -€6,697 | |
| Gross operating margin | 9900 | €17,136 | €38,632 | +€21,496 | +125.4% |
| Operating profit (loss) | 9901 | -€2,843 | €9,479 | +€12,322 | |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €965 | €792 | -€173 | -17.9% |
| Recurring financial charges | 65 | €965 | €792 | -€173 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | -€3,808 | €8,692 | +€12,500 | |
| Income taxes | 67/77 | €191 | €2,444 | +€2,253 | +1179.6% |
| Profit (loss) for the period | 9904 | -€3,999 | €6,248 | +€10,247 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,999 | €6,248 | +€10,247 |
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 12 October 2026 via checked.be.