FISTATO: 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.
FISTATO
Largest movements
- Cash -€123,397
down €123,397 (-71.4%), from €172,796 to €49,399
mainly Contributions, distributions and other (-€160,014) and Debts after one year (-€34,110)
- Receivables within one year -€62,978
down €62,978 (-57.6%), from €109,328 to €46,351
of which Trade receivables: -€102,339
- Reserves -€158,549
down €158,549 (-30.5%), from €519,181 to €360,631
- Other debts +€37,122
up €37,122 (+542.7%), from €6,840 to €43,961
- Debts after one year -€34,110
down €34,110 (-40.9%), from €83,392 to €49,282
- Tax, wage and social debts -€16,527
down €16,527 (-64.4%), from €25,668 to €9,141
- Gross operating margin -€163,648
down €163,648 (-88.3%), from €185,345 to €21,697
- Taxes -€47,155
down €47,155 (-97.9%), from €48,178 to €1,024
- Financial charges -€1,856
down €1,856 (-42.2%), from €4,398 to €2,542
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 | €685,089 | €504,861 | -€180,228 | -26.3% |
| Fixed assets | 21/28 | €401,682 | €407,754 | +€6,072 | +1.5% |
| Tangible fixed assets | 22/27 | €401,682 | €407,754 | +€6,072 | +1.5% |
| Land and buildings | 22 | €399,000 | €399,188 | +€188 | 0.0% |
| Plant, machinery and equipment | 23 | €620 | €413 | -€207 | -33.3% |
| Furniture and vehicles | 24 | €1,472 | €8,152 | +€6,681 | +454.0% |
| Leasing and similar rights | 25 | €590 | €0 | -€590 | -100.0% |
| Current assets | 29/58 | €283,408 | €97,107 | -€186,300 | -65.7% |
| Amounts receivable within one year | 40/41 | €109,328 | €46,351 | -€62,978 | -57.6% |
| Trade receivables | 40 | €109,328 | €6,989 | -€102,339 | -93.6% |
| Other amounts receivable | 41 | - | €39,362 | +€39,362 | |
| Cash at bank and in hand | 54/58 | €172,796 | €49,399 | -€123,397 | -71.4% |
| Deferred charges and accrued income | 490/1 | €1,284 | €1,358 | +€74 | +5.8% |
| Total equity and liabilities | 10/49 | €685,089 | €504,861 | -€180,228 | -26.3% |
| Equity | 10/15 | €525,381 | €366,831 | -€158,549 | -30.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €519,181 | €360,631 | -€158,549 | -30.5% |
| Distributable reserves | 133 | €519,181 | €360,631 | -€158,549 | -30.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €159,709 | €138,030 | -€21,679 | -13.6% |
| Amounts payable after more than one year | 17 | €83,392 | €49,282 | -€34,110 | -40.9% |
| Financial debts | 170/4 | €83,392 | €49,282 | -€34,110 | -40.9% |
| Amounts payable within one year | 42/48 | €75,037 | €88,748 | +€13,711 | +18.3% |
| Current portion of amounts payable after more than one year | 42 | €34,278 | €34,272 | -€6 | 0.0% |
| Financial debts | 43 | €6,761 | €0 | -€6,761 | -100.0% |
| Credit institutions | 430/8 | €6,761 | €0 | -€6,761 | -100.0% |
| Trade debts | 44 | €1,490 | €1,374 | -€117 | -7.8% |
| Suppliers | 440/4 | €1,490 | €1,374 | -€117 | -7.8% |
| Taxes, remuneration and social security | 45 | €25,668 | €9,141 | -€16,527 | -64.4% |
| Taxes | 450/3 | €25,668 | €9,141 | -€16,527 | -64.4% |
| Other amounts payable | 47/48 | €6,840 | €43,961 | +€37,122 | +542.7% |
| Accrued charges and deferred income | 492/3 | €1,279 | €0 | -€1,279 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,661 | €14,547 | -€115 | -0.8% |
| Other operating charges | 640/8 | €2,728 | €2,120 | -€608 | -22.3% |
| Gross operating margin | 9900 | €185,345 | €21,697 | -€163,648 | -88.3% |
| Operating profit (loss) | 9901 | €167,955 | €5,030 | -€162,925 | -97.0% |
| Financial income | 75/76B | €7 | €0 | -€7 | -100.0% |
| Recurring financial income | 75 | €7 | €0 | -€7 | -100.0% |
| Financial charges | 65/66B | €4,398 | €2,542 | -€1,856 | -42.2% |
| Recurring financial charges | 65 | €4,398 | €2,542 | -€1,856 | -42.2% |
| Profit (loss) for the period before taxes | 9903 | €163,565 | €2,488 | -€161,077 | -98.5% |
| Income taxes | 67/77 | €48,178 | €1,024 | -€47,155 | -97.9% |
| Profit (loss) for the period | 9904 | €115,386 | €1,465 | -€113,922 | -98.7% |
| Profit (loss) for the period to be appropriated | 9905 | €115,386 | €1,465 | -€113,922 | -98.7% |
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 12 October 2026 via checked.be.