FISOGEST: 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.
FISOGEST
Largest movements
- Receivables within one year +€67,760
up €67,760 (+164.7%), from €41,140 to €108,900
- Tangible fixed assets -€17,480
down €17,480 (-46.4%), from €37,711 to €20,231
- Cash -€16,048
down €16,048 (-12.9%), from €124,793 to €108,745
mainly Receivables within one year (-€67,760) and Debts after one year (-€7,952)
- Other debts +€21,642
up €21,642 (+23.4%), from €92,463 to €114,105
- Reserves +€17,627
up €17,627 (+30.9%), from €57,126 to €74,753
- Debts after one year -€7,952
down €7,952 (-92.1%), from €8,630 to €677
- Gross operating margin +€12,744
up €12,744 (+36.9%), from €34,551 to €47,294
- Depreciation +€2,168
up €2,168 (+14.2%), from €15,312 to €17,480
- Other operating charges -€1,650
down €1,650 (-53.2%), from €3,102 to €1,451
- Taxes +€974
up €974 (+21.0%), from €4,636 to €5,610
- Financial charges +€833
up €833 (+19.4%), from €4,293 to €5,126
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 | €204,524 | €238,438 | +€33,914 | +16.6% |
| Fixed assets | 21/28 | €37,711 | €20,231 | -€17,480 | -46.4% |
| Tangible fixed assets | 22/27 | €37,711 | €20,231 | -€17,480 | -46.4% |
| Furniture and vehicles | 24 | €37,711 | €20,231 | -€17,480 | -46.4% |
| Current assets | 29/58 | €166,813 | €218,207 | +€51,394 | +30.8% |
| Amounts receivable within one year | 40/41 | €41,140 | €108,900 | +€67,760 | +164.7% |
| Trade receivables | 40 | €41,140 | €108,900 | +€67,760 | +164.7% |
| Cash at bank and in hand | 54/58 | €124,793 | €108,745 | -€16,048 | -12.9% |
| Deferred charges and accrued income | 490/1 | €881 | €562 | -€318 | -36.1% |
| Total equity and liabilities | 10/49 | €204,524 | €238,438 | +€33,914 | +16.6% |
| Equity | 10/15 | €86,506 | €104,133 | +€17,627 | +20.4% |
| Contributions | 10/11 | €7,190 | €7,190 | = | 0.0% |
| Reserves | 13 | €57,126 | €74,753 | +€17,627 | +30.9% |
| Distributable reserves | 133 | €57,126 | €74,753 | +€17,627 | +30.9% |
| Profit (loss) carried forward | 14 | €22,190 | €22,190 | = | 0.0% |
| Amounts payable | 17/49 | €118,018 | €134,305 | +€16,287 | +13.8% |
| Amounts payable after more than one year | 17 | €8,630 | €677 | -€7,952 | -92.1% |
| Financial debts | 170/4 | €8,630 | €677 | -€7,952 | -92.1% |
| Amounts payable within one year | 42/48 | €109,389 | €133,628 | +€24,239 | +22.2% |
| Current portion of amounts payable after more than one year | 42 | €7,633 | €7,952 | +€319 | +4.2% |
| Trade debts | 44 | €2,865 | €3,313 | +€448 | +15.6% |
| Suppliers | 440/4 | €2,865 | €3,313 | +€448 | +15.6% |
| Taxes, remuneration and social security | 45 | €6,428 | €8,257 | +€1,830 | +28.5% |
| Taxes | 450/3 | €6,428 | €8,257 | +€1,830 | +28.5% |
| Other amounts payable | 47/48 | €92,463 | €114,105 | +€21,642 | +23.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,312 | €17,480 | +€2,168 | +14.2% |
| Other operating charges | 640/8 | €3,102 | €1,451 | -€1,650 | -53.2% |
| Gross operating margin | 9900 | €34,551 | €47,294 | +€12,744 | +36.9% |
| Operating profit (loss) | 9901 | €16,137 | €28,363 | +€12,226 | +75.8% |
| Financial charges | 65/66B | €4,293 | €5,126 | +€833 | +19.4% |
| Recurring financial charges | 65 | €4,293 | €5,126 | +€833 | +19.4% |
| Profit (loss) for the period before taxes | 9903 | €11,844 | €23,237 | +€11,393 | +96.2% |
| Income taxes | 67/77 | €4,636 | €5,610 | +€974 | +21.0% |
| Profit (loss) for the period | 9904 | €7,208 | €17,627 | +€10,419 | +144.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,208 | €17,627 | +€10,419 | +144.5% |
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 30 September 2026 via checked.be.