FUSCO SISTERS: what changed
FUSCO SISTERS
Largest movements
- Cash -€25,540
down €25,540 (-89.8%), from €28,438 to €2,898
mainly Debts after one year (-€23,425) and Receivables within one year (-€23,418)
- Receivables within one year +€23,418
up €23,418 (+643%), from €3,644 to €27,062
of which Other amounts receivable: +€25,160
- Tangible fixed assets -€11,736
down €11,736 (-7.1%), from €166,120 to €154,383
of which Land and buildings: -€8,463
- Debts after one year -€23,425
down €23,425 (-5.9%), from €400,050 to €376,626
- Profit (loss) carried forward +€8,097
up €8,097 (+3.1%), from -€257,997 to -€249,901
- Gross operating margin -€29,129
down €29,129 (-46.9%), from €62,057 to €32,928
- Depreciation -€9,602
down €9,602 (-45.0%), from €21,339 to €11,736
- Financial charges -€1,195
down €1,195 (-11.8%), from €10,142 to €8,947
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €200,825 | €187,323 | -€13,502 | -6.7% |
| Fixed assets | 21/28 | €168,696 | €156,960 | -€11,736 | -7.0% |
| Tangible fixed assets | 22/27 | €166,120 | €154,383 | -€11,736 | -7.1% |
| Land and buildings | 22 | €148,298 | €139,835 | -€8,463 | -5.7% |
| Plant, machinery and equipment | 23 | €14,886 | €14,193 | -€693 | -4.7% |
| Furniture and vehicles | 24 | €2,936 | €355 | -€2,580 | -87.9% |
| Financial fixed assets | 28 | €2,576 | €2,576 | = | 0.0% |
| Current assets | 29/58 | €32,129 | €30,364 | -€1,765 | -5.5% |
| Amounts receivable within one year | 40/41 | €3,644 | €27,062 | +€23,418 | +643% |
| Trade receivables | 40 | €3,644 | €1,902 | -€1,742 | -47.8% |
| Other amounts receivable | 41 | - | €25,160 | +€25,160 | |
| Cash at bank and in hand | 54/58 | €28,438 | €2,898 | -€25,540 | -89.8% |
| Deferred charges and accrued income | 490/1 | €48 | €404 | +€356 | +749% |
| Total equity and liabilities | 10/49 | €200,825 | €187,323 | -€13,502 | -6.7% |
| Equity | 10/15 | -€229,955 | -€221,858 | +€8,097 | +3.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €9,443 | €9,443 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,443 | €9,443 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€257,997 | -€249,901 | +€8,097 | +3.1% |
| Amounts payable | 17/49 | €430,780 | €409,181 | -€21,598 | -5.0% |
| Amounts payable after more than one year | 17 | €400,050 | €376,626 | -€23,425 | -5.9% |
| Financial debts | 170/4 | €400,050 | €376,626 | -€23,425 | -5.9% |
| Amounts payable within one year | 42/48 | €30,230 | €31,556 | +€1,326 | +4.4% |
| Current portion of amounts payable after more than one year | 42 | €29,539 | €29,667 | +€128 | +0.4% |
| Trade debts | 44 | €520 | €1,544 | +€1,024 | +197% |
| Suppliers | 440/4 | €520 | €1,544 | +€1,024 | +197% |
| Taxes, remuneration and social security | 45 | €171 | €345 | +€174 | +102% |
| Taxes | 450/3 | €171 | €345 | +€174 | +102% |
| Accrued charges and deferred income | 492/3 | €500 | €1,000 | +€500 | +100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,339 | €11,736 | -€9,602 | -45.0% |
| Other operating charges | 640/8 | €3,795 | €3,974 | +€179 | +4.7% |
| Gross operating margin | 9900 | €62,057 | €32,928 | -€29,129 | -46.9% |
| Operating profit (loss) | 9901 | €36,923 | €17,218 | -€19,705 | -53.4% |
| Financial charges | 65/66B | €10,142 | €8,947 | -€1,195 | -11.8% |
| Recurring financial charges | 65 | €10,142 | €8,947 | -€1,195 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | €26,781 | €8,271 | -€18,510 | -69.1% |
| Income taxes | 67/77 | €171 | €174 | +€4 | +2.1% |
| Profit (loss) for the period | 9904 | €26,610 | €8,097 | -€18,514 | -69.6% |
| Profit (loss) for the period to be appropriated | 9905 | €26,610 | €8,097 | -€18,514 | -69.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.