FISKR: 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.
FISKR
Largest movements
- Cash -€37,918
down €37,918 (-21.4%), from €177,310 to €139,392
mainly Contributions, distributions and other (-€37,607) and Current investments (-€18,000)
- Current investments +€18,000
up €18,000 (+27.7%), from €65,000 to €83,000
- Receivables within one year -€3,225
down €3,225 (-22.4%), from €14,378 to €11,154
of which Trade receivables: -€5,834
- Reserves -€27,490
down €27,490 (-11.2%), from €246,404 to €218,915
- Gross operating margin -€12,626
down €12,626 (-34.2%), from €36,952 to €24,326
- Taxes -€1,657
down €1,657 (-18.3%), from €9,031 to €7,374
- Other operating charges -€607
down €607 (-38.9%), from €1,560 to €953
- Financial charges -€471
down €471 (-8.7%), from €5,421 to €4,950
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 | €261,996 | €236,467 | -€25,529 | -9.7% |
| Fixed assets | 21/28 | €3,658 | €2,720 | -€938 | -25.6% |
| Tangible fixed assets | 22/27 | €3,658 | €2,720 | -€938 | -25.6% |
| Plant, machinery and equipment | 23 | €963 | €616 | -€347 | -36.0% |
| Furniture and vehicles | 24 | €2,695 | €2,104 | -€591 | -21.9% |
| Current assets | 29/58 | €258,338 | €233,747 | -€24,591 | -9.5% |
| Amounts receivable within one year | 40/41 | €14,378 | €11,154 | -€3,225 | -22.4% |
| Trade receivables | 40 | €10,988 | €5,154 | -€5,834 | -53.1% |
| Other amounts receivable | 41 | €3,391 | €6,000 | +€2,609 | +77.0% |
| Current investments | 50/53 | €65,000 | €83,000 | +€18,000 | +27.7% |
| Cash at bank and in hand | 54/58 | €177,310 | €139,392 | -€37,918 | -21.4% |
| Deferred charges and accrued income | 490/1 | €1,650 | €201 | -€1,449 | -87.8% |
| Total equity and liabilities | 10/49 | €261,996 | €236,467 | -€25,529 | -9.7% |
| Equity | 10/15 | €252,404 | €224,915 | -€27,490 | -10.9% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €246,404 | €218,915 | -€27,490 | -11.2% |
| Distributable reserves | 133 | €246,404 | €218,915 | -€27,490 | -11.2% |
| Amounts payable | 17/49 | €9,592 | €11,553 | +€1,960 | +20.4% |
| Amounts payable within one year | 42/48 | €9,592 | €11,553 | +€1,960 | +20.4% |
| Trade debts | 44 | €864 | €3,123 | +€2,260 | +261.6% |
| Suppliers | 440/4 | €864 | €3,123 | +€2,260 | +261.6% |
| Advances received on contracts in progress | 46 | €2,872 | €2,872 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €418 | €876 | +€458 | +109.4% |
| Taxes | 450/3 | €418 | €876 | +€458 | +109.4% |
| Other amounts payable | 47/48 | €5,438 | €4,681 | -€757 | -13.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €607 | €938 | +€331 | +54.5% |
| Other operating charges | 640/8 | €1,560 | €953 | -€607 | -38.9% |
| Gross operating margin | 9900 | €36,952 | €24,326 | -€12,626 | -34.2% |
| Operating profit (loss) | 9901 | €34,786 | €22,435 | -€12,351 | -35.5% |
| Financial income | 75/76B | €5 | €7 | +€2 | +31.9% |
| Recurring financial income | 75 | €5 | €7 | +€2 | +31.9% |
| Financial charges | 65/66B | €5,421 | €4,950 | -€471 | -8.7% |
| Recurring financial charges | 65 | €5,421 | €4,950 | -€471 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | €29,370 | €17,491 | -€11,878 | -40.4% |
| Income taxes | 67/77 | €9,031 | €7,374 | -€1,657 | -18.3% |
| Profit (loss) for the period | 9904 | €20,338 | €10,117 | -€10,221 | -50.3% |
| Profit (loss) for the period to be appropriated | 9905 | €20,338 | €10,117 | -€10,221 | -50.3% |
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 7 October 2026 via checked.be.