FISKOLINK: 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.
FISKOLINK
Largest movements
- Receivables within one year +€20,983
up €20,983 (+1,837%), from €1,142 to €22,125
of which Trade receivables: +€22,125
- Cash +€17,842
up €17,842 (+7.8%), from €229,094 to €246,936
mainly Trade debts (+€33,896) and Depreciation (+€11,147)
- Tangible fixed assets -€11,147
down €11,147 (-12.2%), from €91,397 to €80,250
of which Land and buildings: -€10,887
- Trade debts +€33,896
up €33,896 (+1,381%), from €2,454 to €36,350
- Profit (loss) carried forward +€28,339
up €28,339, from -€28,339 to €0
- Reserves -€24,574
down €24,574 (-13.7%), from €179,407 to €154,833
- Debts after one year -€13,826
down €13,826 (-76.0%), from €18,183 to €4,356
- Other debts +€8,290
up €8,290 (+7.2%), from €114,910 to €123,200
- Gross operating margin +€34,716
up €34,716, from -€14,298 to €20,417
- Turnover +€18,422
up €18,422 (+22.8%), from €80,703 to €99,125
- Taxes +€3,503
up €3,503 (+640%), from €547 to €4,050
- Purchases and services -€1,391
down €1,391 (-1.5%), from €95,001 to €93,610
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 | €321,633 | €349,311 | +€27,677 | +8.6% |
| Fixed assets | 21/28 | €91,397 | €80,250 | -€11,147 | -12.2% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €91,397 | €80,250 | -€11,147 | -12.2% |
| Land and buildings | 22 | €90,387 | €79,500 | -€10,887 | -12.0% |
| Furniture and vehicles | 24 | €1,010 | €749 | -€260 | -25.8% |
| Current assets | 29/58 | €230,236 | €269,061 | +€38,825 | +16.9% |
| Amounts receivable within one year | 40/41 | €1,142 | €22,125 | +€20,983 | +1,837% |
| Trade receivables | 40 | - | €22,125 | +€22,125 | |
| Other amounts receivable | 41 | €1,142 | - | -€1,142 | |
| Cash at bank and in hand | 54/58 | €229,094 | €246,936 | +€17,842 | +7.8% |
| Total equity and liabilities | 10/49 | €321,633 | €349,311 | +€27,677 | +8.6% |
| Equity | 10/15 | €163,468 | €167,233 | +€3,765 | +2.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €179,407 | €154,833 | -€24,574 | -13.7% |
| Distributable reserves | 133 | €179,407 | €154,833 | -€24,574 | -13.7% |
| Profit (loss) carried forward | 14 | -€28,339 | €0 | +€28,339 | |
| Amounts payable | 17/49 | €158,166 | €182,078 | +€23,912 | +15.1% |
| Amounts payable after more than one year | 17 | €18,183 | €4,356 | -€13,826 | -76.0% |
| Financial debts | 170/4 | €18,183 | €4,356 | -€13,826 | -76.0% |
| Amounts payable within one year | 42/48 | €139,983 | €177,722 | +€37,739 | +27.0% |
| Current portion of amounts payable after more than one year | 42 | €12,326 | €13,826 | +€1,500 | +12.2% |
| Trade debts | 44 | €2,454 | €36,350 | +€33,896 | +1,381% |
| Suppliers | 440/4 | €2,454 | €36,350 | +€33,896 | +1,381% |
| Taxes, remuneration and social security | 45 | €10,292 | €4,345 | -€5,947 | -57.8% |
| Taxes | 450/3 | €10,292 | €4,345 | -€5,947 | -57.8% |
| Other amounts payable | 47/48 | €114,910 | €123,200 | +€8,290 | +7.2% |
| Turnover | 70 | €80,703 | €99,125 | +€18,422 | +22.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €95,001 | €93,610 | -€1,391 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,147 | €11,147 | = | 0.0% |
| Other operating charges | 640/8 | €969 | €527 | -€443 | -45.7% |
| Gross operating margin | 9900 | -€14,298 | €20,417 | +€34,716 | |
| Operating profit (loss) | 9901 | -€26,415 | €8,744 | +€35,158 | |
| Financial charges | 65/66B | €1,378 | €928 | -€449 | -32.6% |
| Recurring financial charges | 65 | €1,378 | €928 | -€449 | -32.6% |
| Profit (loss) for the period before taxes | 9903 | -€27,792 | €7,815 | +€35,608 | |
| Income taxes | 67/77 | €547 | €4,050 | +€3,503 | +640% |
| Profit (loss) for the period | 9904 | -€28,339 | €3,765 | +€32,104 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,339 | €3,765 | +€32,104 |
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.