FYSIOKINETICS: 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.
FYSIOKINETICS
Largest movements
- Tangible fixed assets +€112,264
up €112,264 (+59.0%), from €190,317 to €302,581
of which Other tangible fixed assets: +€99,068
- Cash +€69,989
up €69,989 (+1646.4%), from €4,251 to €74,240
mainly Net result for the year (+€73,170) and Receivables within one year (+€47,561)
- Receivables within one year -€47,561
down €47,561 (-96.3%), from €49,408 to €1,847
of which Other amounts receivable: -€49,408
- Reserves +€73,170
up €73,170 (+65.1%), from €112,399 to €185,569
- Other debts +€39,495
new in 2025: €39,495
- Tax, wage and social debts +€16,841
up €16,841 (+54.6%), from €30,846 to €47,687
- Debts after one year +€4,613
up €4,613 (+5.1%), from €90,174 to €94,787
- Current portion of long-term debt +€4,151
up €4,151 (+49.1%), from €8,449 to €12,600
- Gross operating margin -€30,245
down €30,245 (-19.5%), from €155,190 to €124,945
- Depreciation +€16,946
up €16,946 (+155.0%), from €10,933 to €27,880
- Taxes -€14,005
down €14,005 (-45.4%), from €30,846 to €16,841
- Financial charges +€3,706
up €3,706 (+589.2%), from €629 to €4,335
- Other operating charges +€2,515
up €2,515 (+649.3%), from €387 to €2,902
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 | €243,980 | €382,138 | +€138,158 | +56.6% |
| Fixed assets | 21/28 | €190,317 | €302,581 | +€112,264 | +59.0% |
| Tangible fixed assets | 22/27 | €190,317 | €302,581 | +€112,264 | +59.0% |
| Plant, machinery and equipment | 23 | €16,844 | €30,537 | +€13,693 | +81.3% |
| Furniture and vehicles | 24 | €1,424 | €927 | -€497 | -34.9% |
| Other tangible fixed assets | 26 | €172,049 | €271,117 | +€99,068 | +57.6% |
| Current assets | 29/58 | €53,663 | €79,557 | +€25,894 | +48.3% |
| Amounts receivable within one year | 40/41 | €49,408 | €1,847 | -€47,561 | -96.3% |
| Trade receivables | 40 | - | €1,847 | +€1,847 | |
| Other amounts receivable | 41 | €49,408 | - | -€49,408 | |
| Cash at bank and in hand | 54/58 | €4,251 | €74,240 | +€69,989 | +1646.4% |
| Deferred charges and accrued income | 490/1 | €4 | €3,470 | +€3,466 | +81931.4% |
| Total equity and liabilities | 10/49 | €243,980 | €382,138 | +€138,158 | +56.6% |
| Equity | 10/15 | €114,399 | €187,569 | +€73,170 | +64.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €112,399 | €185,569 | +€73,170 | +65.1% |
| Distributable reserves | 133 | €112,399 | €185,569 | +€73,170 | +65.1% |
| Amounts payable | 17/49 | €129,581 | €194,569 | +€64,988 | +50.2% |
| Amounts payable after more than one year | 17 | €90,174 | €94,787 | +€4,613 | +5.1% |
| Financial debts | 170/4 | €90,174 | €94,787 | +€4,613 | +5.1% |
| Amounts payable within one year | 42/48 | €39,408 | €99,782 | +€60,374 | +153.2% |
| Current portion of amounts payable after more than one year | 42 | €8,449 | €12,600 | +€4,151 | +49.1% |
| Trade debts | 44 | €113 | - | -€113 | |
| Suppliers | 440/4 | €113 | - | -€113 | |
| Taxes, remuneration and social security | 45 | €30,846 | €47,687 | +€16,841 | +54.6% |
| Taxes | 450/3 | €30,846 | €47,687 | +€16,841 | +54.6% |
| Other amounts payable | 47/48 | - | €39,495 | +€39,495 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,933 | €27,880 | +€16,946 | +155.0% |
| Other operating charges | 640/8 | €387 | €2,902 | +€2,515 | +649.3% |
| Gross operating margin | 9900 | €155,190 | €124,945 | -€30,245 | -19.5% |
| Operating profit (loss) | 9901 | €143,870 | €94,163 | -€49,707 | -34.5% |
| Financial income | 75/76B | €4 | €182 | +€178 | +4211.1% |
| Recurring financial income | 75 | €4 | €182 | +€178 | +4211.1% |
| Financial charges | 65/66B | €629 | €4,335 | +€3,706 | +589.2% |
| Recurring financial charges | 65 | €629 | €4,335 | +€3,706 | +589.2% |
| Profit (loss) for the period before taxes | 9903 | €143,245 | €90,011 | -€53,234 | -37.2% |
| Income taxes | 67/77 | €30,846 | €16,841 | -€14,005 | -45.4% |
| Profit (loss) for the period | 9904 | €112,399 | €73,170 | -€39,229 | -34.9% |
| Profit (loss) for the period to be appropriated | 9905 | €112,399 | €73,170 | -€39,229 | -34.9% |
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 10 October 2026 via checked.be.