FYSIOKIN: 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.
FYSIOKIN
Largest movements
- Current investments -€51,420
down €51,420 (-80.4%), from €63,955 to €12,534
- Tangible fixed assets -€12,336
down €12,336 (-8.3%), from €148,356 to €136,021
of which Land and buildings: -€9,173
- Cash +€8,094
up €8,094 (+73.5%), from €11,005 to €19,100
mainly Current investments (+€51,420) and Depreciation (+€16,382)
- Receivables within one year -€7,596
down €7,596 (-13.0%), from €58,637 to €51,041
of which Other amounts receivable: -€13,553
- Other debts -€60,183
down €60,183 (-57.8%), from €104,078 to €43,895
- Reserves +€11,890
up €11,890 (+12.3%), from €97,025 to €108,915
of which Distributable reserves: +€11,890
- Debts after one year -€6,926
down €6,926 (-16.1%), from €43,087 to €36,161
- Tax, wage and social debts -€2,955
down €2,955 (-21.9%), from €13,513 to €10,559
- Gross operating margin -€24,192
down €24,192 (-35.0%), from €69,096 to €44,903
- Depreciation -€2,193
down €2,193 (-11.8%), from €18,576 to €16,382
- Taxes -€1,846
down €1,846 (-15.8%), from €11,665 to €9,819
- Other operating charges +€843
up €843 (+17.1%), from €4,917 to €5,760
- Financial income -€778
down €778 (-74.5%), from €1,044 to €266
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.
Derived cash bridge
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 | €294,921 | €233,864 | -€61,057 | -20.7% |
| Fixed assets | 21/28 | €159,962 | €150,455 | -€9,508 | -5.9% |
| Intangible fixed assets | 21 | €2 | €0 | -€2 | -100% |
| Tangible fixed assets | 22/27 | €148,356 | €136,021 | -€12,336 | -8.3% |
| Land and buildings | 22 | €134,467 | €125,294 | -€9,173 | -6.8% |
| Furniture and vehicles | 24 | €7,905 | €6,772 | -€1,133 | -14.3% |
| Other tangible fixed assets | 26 | €5,984 | €3,955 | -€2,029 | -33.9% |
| Financial fixed assets | 28 | €11,604 | €14,434 | +€2,830 | +24.4% |
| Current assets | 29/58 | €134,959 | €83,409 | -€51,550 | -38.2% |
| Amounts receivable within one year | 40/41 | €58,637 | €51,041 | -€7,596 | -13.0% |
| Trade receivables | 40 | €37,009 | €42,966 | +€5,957 | +16.1% |
| Other amounts receivable | 41 | €21,628 | €8,075 | -€13,553 | -62.7% |
| Current investments | 50/53 | €63,955 | €12,534 | -€51,420 | -80.4% |
| Cash at bank and in hand | 54/58 | €11,005 | €19,100 | +€8,094 | +73.5% |
| Deferred charges and accrued income | 490/1 | €1,362 | €734 | -€627 | -46.1% |
| Total equity and liabilities | 10/49 | €294,921 | €233,864 | -€61,057 | -20.7% |
| Equity | 10/15 | €114,974 | €126,863 | +€11,890 | +10.3% |
| Contributions | 10/11 | €17,948 | €17,948 | = | 0.0% |
| Reserves | 13 | €97,025 | €108,915 | +€11,890 | +12.3% |
| Non-distributable reserves | 130/1 | €53,878 | €53,878 | = | 0.0% |
| Reserves not available under the articles | 1311 | €53,878 | €53,878 | = | 0.0% |
| Distributable reserves | 133 | €43,147 | €55,037 | +€11,890 | +27.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €179,947 | €107,000 | -€72,947 | -40.5% |
| Amounts payable after more than one year | 17 | €43,087 | €36,161 | -€6,926 | -16.1% |
| Financial debts | 170/4 | €43,087 | €36,161 | -€6,926 | -16.1% |
| Amounts payable within one year | 42/48 | €136,860 | €70,839 | -€66,020 | -48.2% |
| Current portion of amounts payable after more than one year | 42 | €6,788 | €6,926 | +€138 | +2.0% |
| Financial debts | 43 | €1,530 | €0 | -€1,530 | -100% |
| Credit institutions | 430/8 | €1,530 | €0 | -€1,530 | -100% |
| Trade debts | 44 | €10,950 | €9,459 | -€1,491 | -13.6% |
| Suppliers | 440/4 | €10,950 | €9,459 | -€1,491 | -13.6% |
| Taxes, remuneration and social security | 45 | €13,513 | €10,559 | -€2,955 | -21.9% |
| Taxes | 450/3 | €13,513 | €10,559 | -€2,955 | -21.9% |
| Other amounts payable | 47/48 | €104,078 | €43,895 | -€60,183 | -57.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,576 | €16,382 | -€2,193 | -11.8% |
| Other operating charges | 640/8 | €4,917 | €5,760 | +€843 | +17.1% |
| Gross operating margin | 9900 | €69,096 | €44,903 | -€24,192 | -35.0% |
| Operating profit (loss) | 9901 | €45,603 | €22,762 | -€22,842 | -50.1% |
| Financial income | 75/76B | €1,044 | €266 | -€778 | -74.5% |
| Recurring financial income | 75 | €1,044 | €266 | -€778 | -74.5% |
| Financial charges | 65/66B | €1,530 | €1,319 | -€211 | -13.8% |
| Recurring financial charges | 65 | €1,530 | €1,319 | -€211 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | €45,117 | €21,708 | -€23,409 | -51.9% |
| Income taxes | 67/77 | €11,665 | €9,819 | -€1,846 | -15.8% |
| Profit (loss) for the period | 9904 | €33,453 | €11,890 | -€21,563 | -64.5% |
| Profit (loss) for the period to be appropriated | 9905 | €33,453 | €11,890 | -€21,563 | -64.5% |
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 16 October 2026 via checked.be.