FOSCA: 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.
FOSCA
Largest movements
- Cash +€53,354
up €53,354 (+27.2%), from €196,138 to €249,492
mainly Other debts (+€111,643) and Net result for the year (+€76,182)
- Current investments +€28,615
up €28,615 (+27.7%), from €103,313 to €131,928
- Tangible fixed assets -€18,869
down €18,869 (-3.5%), from €532,207 to €513,338
of which Land and buildings: -€39,043
- Other debts +€111,643
up €111,643 (+74.2%), from €150,445 to €262,088
- Reserves -€41,336
down €41,336 (-6.3%), from €653,855 to €612,519
of which Distributable reserves: -€41,336
- Tax, wage and social debts -€13,809
down €13,809 (-34.6%), from €39,968 to €26,159
of which Taxes: -€13,940
- Financial charges -€14,163
down €14,163 (-77.6%), from €18,248 to €4,085
- Staff costs +€6,709
up €6,709 (+4.1%), from €164,568 to €171,277
- Gross operating margin -€5,439
down €5,439 (-1.6%), from €346,793 to €341,354
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 | €1,143,947 | €1,203,827 | +€59,880 | +5.2% |
| Fixed assets | 21/28 | €532,992 | €514,123 | -€18,869 | -3.5% |
| Tangible fixed assets | 22/27 | €532,207 | €513,338 | -€18,869 | -3.5% |
| Land and buildings | 22 | €500,390 | €461,347 | -€39,043 | -7.8% |
| Plant, machinery and equipment | 23 | €2,508 | €1,740 | -€768 | -30.6% |
| Furniture and vehicles | 24 | €27,029 | €48,667 | +€21,638 | +80.1% |
| Other tangible fixed assets | 26 | €2,280 | €1,584 | -€696 | -30.5% |
| Financial fixed assets | 28 | €785 | €785 | = | 0.0% |
| Current assets | 29/58 | €610,955 | €689,704 | +€78,749 | +12.9% |
| Stocks and contracts in progress | 3 | €218,752 | €218,198 | -€554 | -0.3% |
| Stocks | 30/36 | €218,752 | €218,198 | -€554 | -0.3% |
| Amounts receivable within one year | 40/41 | €89,881 | €87,350 | -€2,531 | -2.8% |
| Trade receivables | 40 | €71,667 | €79,035 | +€7,368 | +10.3% |
| Other amounts receivable | 41 | €18,214 | €8,315 | -€9,899 | -54.3% |
| Current investments | 50/53 | €103,313 | €131,928 | +€28,615 | +27.7% |
| Cash at bank and in hand | 54/58 | €196,138 | €249,492 | +€53,354 | +27.2% |
| Deferred charges and accrued income | 490/1 | €2,871 | €2,736 | -€135 | -4.7% |
| Total equity and liabilities | 10/49 | €1,143,947 | €1,203,827 | +€59,880 | +5.2% |
| Equity | 10/15 | €672,855 | €631,519 | -€41,336 | -6.1% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €653,855 | €612,519 | -€41,336 | -6.3% |
| Non-distributable reserves | 130/1 | €25,300 | €25,300 | = | 0.0% |
| Reserves not available under the articles | 1311 | €25,300 | €25,300 | = | 0.0% |
| Distributable reserves | 133 | €628,555 | €587,219 | -€41,336 | -6.6% |
| Amounts payable | 17/49 | €471,092 | €572,308 | +€101,216 | +21.5% |
| Amounts payable after more than one year | 17 | €100,633 | €95,508 | -€5,125 | -5.1% |
| Financial debts | 170/4 | €100,633 | €95,508 | -€5,125 | -5.1% |
| Amounts payable within one year | 42/48 | €369,869 | €476,800 | +€106,931 | +28.9% |
| Current portion of amounts payable after more than one year | 42 | €14,646 | €21,386 | +€6,740 | +46.0% |
| Trade debts | 44 | €164,810 | €167,167 | +€2,357 | +1.4% |
| Suppliers | 440/4 | €164,810 | €167,167 | +€2,357 | +1.4% |
| Taxes, remuneration and social security | 45 | €39,968 | €26,159 | -€13,809 | -34.6% |
| Taxes | 450/3 | €25,863 | €11,923 | -€13,940 | -53.9% |
| Remuneration and social security | 454/9 | €14,105 | €14,236 | +€131 | +0.9% |
| Other amounts payable | 47/48 | €150,445 | €262,088 | +€111,643 | +74.2% |
| Accrued charges and deferred income | 492/3 | €590 | - | -€590 | |
| Remuneration, social security and pensions | 62 | €164,568 | €171,277 | +€6,709 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,589 | €57,909 | -€2,680 | -4.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €319 | - | -€319 | |
| Other operating charges | 640/8 | €5,620 | €5,733 | +€113 | +2.0% |
| Gross operating margin | 9900 | €346,793 | €341,354 | -€5,439 | -1.6% |
| Operating profit (loss) | 9901 | €115,697 | €106,435 | -€9,262 | -8.0% |
| Financial income | 75/76B | €733 | €3,702 | +€2,969 | +405.0% |
| Recurring financial income | 75 | €733 | €3,702 | +€2,969 | +405.0% |
| Financial charges | 65/66B | €18,248 | €4,085 | -€14,163 | -77.6% |
| Recurring financial charges | 65 | €18,248 | €4,085 | -€14,163 | -77.6% |
| Profit (loss) for the period before taxes | 9903 | €98,182 | €106,052 | +€7,870 | +8.0% |
| Income taxes | 67/77 | €26,824 | €29,870 | +€3,046 | +11.4% |
| Profit (loss) for the period | 9904 | €71,358 | €76,182 | +€4,824 | +6.8% |
| Profit (loss) for the period to be appropriated | 9905 | €71,358 | €76,182 | +€4,824 | +6.8% |
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.