FISKCOUNCIL +: 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.
FISKCOUNCIL +
Largest movements
- Receivables within one year +€146,619
up €146,619 (+46.4%), from €316,106 to €462,724
of which Trade receivables: +€106,722
- Cash -€92,736
down €92,736 (-24.6%), from €376,939 to €284,203
mainly Receivables within one year (-€146,619) and Investment in fixed assets (net) (-€70,724)
- Tangible fixed assets +€43,012
up €43,012 (+14.6%), from €293,697 to €336,709
of which Furniture and vehicles: +€63,143
- Intangible fixed assets -€42,084
down €42,084 (-21.5%), from €195,495 to €153,411
- Trade debts -€54,608
down €54,608 (-30.5%), from €178,798 to €124,189
- Reserves +€38,269
up €38,269 (+6.5%), from €593,007 to €631,275
- Debts after one year +€25,221
up €25,221 (+19.0%), from €133,022 to €158,243
- Tax, wage and social debts +€21,693
up €21,693 (+74.6%), from €29,096 to €50,788
- Current portion of long-term debt +€17,411
up €17,411 (+42.5%), from €40,987 to €58,398
- Gross operating margin -€73,559
down €73,559 (-15.6%), from €471,336 to €397,776
- Depreciation -€16,976
down €16,976 (-19.6%), from €86,772 to €69,796
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 | €1,200,446 | €1,251,217 | +€50,771 | +4.2% |
| Fixed assets | 21/28 | €489,192 | €490,120 | +€928 | +0.2% |
| Intangible fixed assets | 21 | €195,495 | €153,411 | -€42,084 | -21.5% |
| Tangible fixed assets | 22/27 | €293,697 | €336,709 | +€43,012 | +14.6% |
| Land and buildings | 22 | €252,424 | €232,530 | -€19,895 | -7.9% |
| Plant, machinery and equipment | 23 | €643 | €406 | -€236 | -36.8% |
| Furniture and vehicles | 24 | €40,630 | €103,773 | +€63,143 | +155% |
| Current assets | 29/58 | €711,254 | €761,097 | +€49,843 | +7.0% |
| Amounts receivable after more than one year | 29 | €11,074 | €6,414 | -€4,660 | -42.1% |
| Other amounts receivable | 291 | €11,074 | €6,414 | -€4,660 | -42.1% |
| Amounts receivable within one year | 40/41 | €316,106 | €462,724 | +€146,619 | +46.4% |
| Trade receivables | 40 | €267,540 | €374,262 | +€106,722 | +39.9% |
| Other amounts receivable | 41 | €48,565 | €88,462 | +€39,896 | +82.1% |
| Cash at bank and in hand | 54/58 | €376,939 | €284,203 | -€92,736 | -24.6% |
| Deferred charges and accrued income | 490/1 | €7,135 | €7,755 | +€620 | +8.7% |
| Total equity and liabilities | 10/49 | €1,200,446 | €1,251,217 | +€50,771 | +4.2% |
| Equity | 10/15 | €814,396 | €841,475 | +€27,079 | +3.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Revaluation surpluses | 12 | €201,389 | €190,199 | -€11,190 | -5.6% |
| Reserves | 13 | €593,007 | €631,275 | +€38,269 | +6.5% |
| Distributable reserves | 133 | €593,007 | €631,275 | +€38,269 | +6.5% |
| Amounts payable | 17/49 | €386,050 | €409,742 | +€23,692 | +6.1% |
| Amounts payable after more than one year | 17 | €133,022 | €158,243 | +€25,221 | +19.0% |
| Financial debts | 170/4 | €133,022 | €158,243 | +€25,221 | +19.0% |
| Amounts payable within one year | 42/48 | €252,390 | €251,499 | -€891 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €40,987 | €58,398 | +€17,411 | +42.5% |
| Trade debts | 44 | €178,798 | €124,189 | -€54,608 | -30.5% |
| Suppliers | 440/4 | €178,798 | €124,189 | -€54,608 | -30.5% |
| Taxes, remuneration and social security | 45 | €29,096 | €50,788 | +€21,693 | +74.6% |
| Remuneration and social security | 454/9 | €29,096 | €50,788 | +€21,693 | +74.6% |
| Other amounts payable | 47/48 | €3,510 | €18,123 | +€14,613 | +416% |
| Accrued charges and deferred income | 492/3 | €638 | - | -€638 | |
| Remuneration, social security and pensions | 62 | €275,930 | €271,422 | -€4,508 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,772 | €69,796 | -€16,976 | -19.6% |
| Other operating charges | 640/8 | €4,107 | €3,478 | -€629 | -15.3% |
| Non-recurring operating charges | 66A | - | €1,527 | +€1,527 | |
| Gross operating margin | 9900 | €471,336 | €397,776 | -€73,559 | -15.6% |
| Operating profit (loss) | 9901 | €104,527 | €51,553 | -€52,974 | -50.7% |
| Financial income | 75/76B | €2,956 | €4,205 | +€1,248 | +42.2% |
| Recurring financial income | 75 | €2,956 | €4,205 | +€1,248 | +42.2% |
| Financial charges | 65/66B | €6,190 | €5,456 | -€733 | -11.8% |
| Recurring financial charges | 65 | €6,190 | €5,456 | -€733 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | €101,293 | €50,302 | -€50,992 | -50.3% |
| Income taxes | 67/77 | €27,353 | €23,223 | -€4,130 | -15.1% |
| Profit (loss) for the period | 9904 | €73,940 | €27,079 | -€46,862 | -63.4% |
| Profit (loss) for the period to be appropriated | 9905 | €73,940 | €27,079 | -€46,862 | -63.4% |
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.