FYSIOTEC: 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.
FYSIOTEC
Largest movements
- Cash +€79,054
up €79,054 (+7.0%), from €1.1m to €1.2m
mainly Other debts (+€412,377) and Net result for the year (+€98,710)
- Current investments +€60,000
up €60,000 (+22.6%), from €265,626 to €325,626
- Receivables within one year +€36,189
up €36,189 (+296%), from €12,245 to €48,434
of which Trade receivables: +€35,338
- Other debts +€412,377
up €412,377 (+117%), from €353,741 to €766,118
- Contributions -€395,100
down €395,100 (-95.5%), from €413,692 to €18,592
- Reserves +€98,710
up €98,710 (+13.6%), from €723,475 to €822,186
- Tax, wage and social debts +€48,089
up €48,089 (+232%), from €20,746 to €68,835
- Gross operating margin +€16,359
up €16,359 (+9.8%), from €166,662 to €183,021
- Taxes +€6,653
up €6,653 (+17.4%), from €38,308 to €44,961
- Financial income -€2,529
down €2,529 (-70.1%), from €3,609 to €1,080
- Depreciation -€2,081
down €2,081 (-15.4%), from €13,541 to €11,460
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 | €1,511,724 | €1,676,287 | +€164,564 | +10.9% |
| Fixed assets | 21/28 | €99,689 | €88,229 | -€11,460 | -11.5% |
| Tangible fixed assets | 22/27 | €99,689 | €88,229 | -€11,460 | -11.5% |
| Land and buildings | 22 | €71,981 | €68,621 | -€3,360 | -4.7% |
| Furniture and vehicles | 24 | €27,708 | €19,608 | -€8,100 | -29.2% |
| Current assets | 29/58 | €1,412,035 | €1,588,059 | +€176,024 | +12.5% |
| Amounts receivable within one year | 40/41 | €12,245 | €48,434 | +€36,189 | +296% |
| Trade receivables | 40 | €3,444 | €38,782 | +€35,338 | +1,026% |
| Other amounts receivable | 41 | €8,802 | €9,652 | +€851 | +9.7% |
| Current investments | 50/53 | €265,626 | €325,626 | +€60,000 | +22.6% |
| Cash at bank and in hand | 54/58 | €1,133,714 | €1,212,768 | +€79,054 | +7.0% |
| Deferred charges and accrued income | 490/1 | €450 | €1,231 | +€781 | +174% |
| Total equity and liabilities | 10/49 | €1,511,724 | €1,676,287 | +€164,564 | +10.9% |
| Equity | 10/15 | €1,137,167 | €840,778 | -€296,390 | -26.1% |
| Contributions | 10/11 | €413,692 | €18,592 | -€395,100 | -95.5% |
| Reserves | 13 | €723,475 | €822,186 | +€98,710 | +13.6% |
| Distributable reserves | 133 | €723,475 | €822,186 | +€98,710 | +13.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €374,557 | €835,510 | +€460,953 | +123% |
| Amounts payable within one year | 42/48 | €374,557 | €835,510 | +€460,953 | +123% |
| Trade debts | 44 | €69 | €556 | +€487 | +706% |
| Suppliers | 440/4 | €69 | €556 | +€487 | +706% |
| Taxes, remuneration and social security | 45 | €20,746 | €68,835 | +€48,089 | +232% |
| Taxes | 450/3 | €20,746 | €68,835 | +€48,089 | +232% |
| Other amounts payable | 47/48 | €353,741 | €766,118 | +€412,377 | +117% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,541 | €11,460 | -€2,081 | -15.4% |
| Other operating charges | 640/8 | €2,770 | €2,886 | +€117 | +4.2% |
| Gross operating margin | 9900 | €166,662 | €183,021 | +€16,359 | +9.8% |
| Operating profit (loss) | 9901 | €150,351 | €168,674 | +€18,323 | +12.2% |
| Financial income | 75/76B | €3,609 | €1,080 | -€2,529 | -70.1% |
| Recurring financial income | 75 | €3,609 | €1,080 | -€2,529 | -70.1% |
| Financial charges | 65/66B | €24,559 | €26,083 | +€1,524 | +6.2% |
| Recurring financial charges | 65 | €24,559 | €26,083 | +€1,524 | +6.2% |
| Profit (loss) for the period before taxes | 9903 | €129,401 | €143,671 | +€14,270 | +11.0% |
| Income taxes | 67/77 | €38,308 | €44,961 | +€6,653 | +17.4% |
| Profit (loss) for the period | 9904 | €91,093 | €98,710 | +€7,617 | +8.4% |
| Profit (loss) for the period to be appropriated | 9905 | €91,093 | €98,710 | +€7,617 | +8.4% |
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 31 October 2026 via checked.be.