FISSETTE: 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.
FISSETTE
Largest movements
- Cash +€17,673
up €17,673 (+15.6%), from €113,096 to €130,769
mainly Depreciation (+€20,919) and Net result for the year (+€10,603)
- Intangible fixed assets -€8,520
down €8,520 (-24.8%), from €34,294 to €25,774
- Stocks and contracts -€7,266
down €7,266 (-5.3%), from €135,861 to €128,595
- Tangible fixed assets -€6,664
down €6,664 (-36.4%), from €18,324 to €11,661
of which Other tangible fixed assets: -€5,800
- Receivables within one year -€6,020
down €6,020 (-4.2%), from €144,581 to €138,561
of which Trade receivables: -€11,538
- Trade debts -€34,996
down €34,996 (-31.7%), from €110,232 to €75,236
- Profit (loss) carried forward +€10,603
up €10,603 (+6.0%), from €175,452 to €186,055
- Short-term financial debts +€6,417
up €6,417 (+42.8%), from €15,000 to €21,417
- Staff costs +€38,101
up €38,101 (+21.0%), from €181,006 to €219,107
- Gross operating margin +€22,522
up €22,522 (+9.5%), from €237,347 to €259,869
- Financial charges -€4,906
down €4,906 (-55.4%), from €8,854 to €3,948
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 | €468,536 | €451,602 | -€16,934 | -3.6% |
| Fixed assets | 21/28 | €66,393 | €47,913 | -€18,480 | -27.8% |
| Intangible fixed assets | 21 | €34,294 | €25,774 | -€8,520 | -24.8% |
| Tangible fixed assets | 22/27 | €18,324 | €11,661 | -€6,664 | -36.4% |
| Plant, machinery and equipment | 23 | €9,702 | €4,529 | -€5,173 | -53.3% |
| Furniture and vehicles | 24 | €756 | €5,064 | +€4,309 | +570.3% |
| Other tangible fixed assets | 26 | €7,867 | €2,067 | -€5,800 | -73.7% |
| Financial fixed assets | 28 | €13,775 | €10,479 | -€3,296 | -23.9% |
| Current assets | 29/58 | €402,143 | €403,689 | +€1,545 | +0.4% |
| Stocks and contracts in progress | 3 | €135,861 | €128,595 | -€7,266 | -5.3% |
| Stocks | 30/36 | €135,861 | €128,595 | -€7,266 | -5.3% |
| Amounts receivable within one year | 40/41 | €144,581 | €138,561 | -€6,020 | -4.2% |
| Trade receivables | 40 | €134,638 | €123,100 | -€11,538 | -8.6% |
| Other amounts receivable | 41 | €9,942 | €15,461 | +€5,518 | +55.5% |
| Cash at bank and in hand | 54/58 | €113,096 | €130,769 | +€17,673 | +15.6% |
| Deferred charges and accrued income | 490/1 | €8,605 | €5,764 | -€2,841 | -33.0% |
| Total equity and liabilities | 10/49 | €468,536 | €451,602 | -€16,934 | -3.6% |
| Equity | 10/15 | €274,703 | €285,306 | +€10,603 | +3.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €80,659 | €80,659 | = | 0.0% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €80,659 | €80,659 | = | 0.0% |
| Profit (loss) carried forward | 14 | €175,452 | €186,055 | +€10,603 | +6.0% |
| Amounts payable | 17/49 | €193,833 | €166,296 | -€27,537 | -14.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €193,833 | €166,296 | -€27,537 | -14.2% |
| Current portion of amounts payable after more than one year | 42 | €10,087 | €7,500 | -€2,587 | -25.6% |
| Financial debts | 43 | €15,000 | €21,417 | +€6,417 | +42.8% |
| Credit institutions | 430/8 | €15,000 | €21,417 | +€6,417 | +42.8% |
| Trade debts | 44 | €110,232 | €75,236 | -€34,996 | -31.7% |
| Suppliers | 440/4 | €110,232 | €75,236 | -€34,996 | -31.7% |
| Taxes, remuneration and social security | 45 | €56,090 | €59,720 | +€3,629 | +6.5% |
| Taxes | 450/3 | €29,878 | €28,344 | -€1,534 | -5.1% |
| Remuneration and social security | 454/9 | €26,212 | €31,376 | +€5,164 | +19.7% |
| Other amounts payable | 47/48 | €2,424 | €2,424 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €181,006 | €219,107 | +€38,101 | +21.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,500 | €20,919 | -€1,581 | -7.0% |
| Other operating charges | 640/8 | €1,237 | €953 | -€284 | -23.0% |
| Gross operating margin | 9900 | €237,347 | €259,869 | +€22,522 | +9.5% |
| Operating profit (loss) | 9901 | €32,604 | €18,890 | -€13,714 | -42.1% |
| Financial income | 75/76B | €2,799 | €700 | -€2,098 | -75.0% |
| Recurring financial income | 75 | €2,799 | €700 | -€2,098 | -75.0% |
| Financial charges | 65/66B | €8,854 | €3,948 | -€4,906 | -55.4% |
| Recurring financial charges | 65 | €8,854 | €3,948 | -€4,906 | -55.4% |
| Profit (loss) for the period before taxes | 9903 | €26,549 | €15,642 | -€10,906 | -41.1% |
| Income taxes | 67/77 | €3,136 | €5,039 | +€1,903 | +60.7% |
| Profit (loss) for the period | 9904 | €23,413 | €10,603 | -€12,810 | -54.7% |
| Transfer from tax-exempt reserves | 789 | €496 | €0 | -€496 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €23,909 | €10,603 | -€13,306 | -55.7% |
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 9 October 2026 via checked.be.