GO - FISC: 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.
GO - FISC
Largest movements
- Receivables within one year +€17,916
up €17,916 (+178%), from €10,047 to €27,964
of which Other amounts receivable: +€13,232
- Tangible fixed assets -€5,903
down €5,903 (-28.1%), from €21,019 to €15,116
of which Furniture and vehicles: -€3,277
- Cash +€5,395
up €5,395 (+30.4%), from €17,752 to €23,146
mainly Net result for the year (+€15,147) and Depreciation (+€9,073)
- Deferred charges and accrued income +€3,526
up €3,526 (+37.7%), from €9,360 to €12,886
- Reserves +€12,147
up €12,147 (+90.4%), from €13,433 to €25,580
- Trade debts +€6,586
up €6,586 (+164%), from €4,008 to €10,594
- Tax, wage and social debts +€1,852
up €1,852 (+29.5%), from €6,284 to €8,136
- Advances received +€1,147
up €1,147 (+12.8%), from €8,943 to €10,090
- Gross operating margin -€9,135
down €9,135 (-23.3%), from €39,261 to €30,126
- Taxes -€2,786
down €2,786 (-33.1%), from €8,428 to €5,642
- Depreciation -€1,088
down €1,088 (-10.7%), from €10,161 to €9,073
- Financial income +€934
up €934 (+8,469%), from €11 to €945
- Financial charges -€840
down €840 (-56.4%), from €1,490 to €650
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 | €58,178 | €79,112 | +€20,934 | +36.0% |
| Fixed assets | 21/28 | €21,019 | €15,116 | -€5,903 | -28.1% |
| Tangible fixed assets | 22/27 | €21,019 | €15,116 | -€5,903 | -28.1% |
| Plant, machinery and equipment | 23 | €1,811 | €1,386 | -€425 | -23.5% |
| Furniture and vehicles | 24 | €8,059 | €4,782 | -€3,277 | -40.7% |
| Other tangible fixed assets | 26 | €11,149 | €8,949 | -€2,201 | -19.7% |
| Current assets | 29/58 | €37,159 | €63,996 | +€26,837 | +72.2% |
| Amounts receivable within one year | 40/41 | €10,047 | €27,964 | +€17,916 | +178% |
| Trade receivables | 40 | €2,047 | €6,732 | +€4,685 | +229% |
| Other amounts receivable | 41 | €8,000 | €21,232 | +€13,232 | +165% |
| Cash at bank and in hand | 54/58 | €17,752 | €23,146 | +€5,395 | +30.4% |
| Deferred charges and accrued income | 490/1 | €9,360 | €12,886 | +€3,526 | +37.7% |
| Total equity and liabilities | 10/49 | €58,178 | €79,112 | +€20,934 | +36.0% |
| Equity | 10/15 | €32,146 | €44,292 | +€12,147 | +37.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €13,433 | €25,580 | +€12,147 | +90.4% |
| Distributable reserves | 133 | €13,433 | €25,580 | +€12,147 | +90.4% |
| Profit (loss) carried forward | 14 | €12,513 | €12,513 | = | 0.0% |
| Amounts payable | 17/49 | €26,032 | €34,819 | +€8,788 | +33.8% |
| Amounts payable within one year | 42/48 | €26,032 | €34,819 | +€8,788 | +33.8% |
| Current portion of amounts payable after more than one year | 42 | €6,703 | €6,000 | -€703 | -10.5% |
| Trade debts | 44 | €4,008 | €10,594 | +€6,586 | +164% |
| Suppliers | 440/4 | €4,008 | €10,594 | +€6,586 | +164% |
| Advances received on contracts in progress | 46 | €8,943 | €10,090 | +€1,147 | +12.8% |
| Taxes, remuneration and social security | 45 | €6,284 | €8,136 | +€1,852 | +29.5% |
| Taxes | 450/3 | €6,284 | €8,136 | +€1,852 | +29.5% |
| Other amounts payable | 47/48 | €94 | - | -€94 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,161 | €9,073 | -€1,088 | -10.7% |
| Other operating charges | 640/8 | €161 | €560 | +€400 | +249% |
| Gross operating margin | 9900 | €39,261 | €30,126 | -€9,135 | -23.3% |
| Operating profit (loss) | 9901 | €28,940 | €20,493 | -€8,446 | -29.2% |
| Financial income | 75/76B | €11 | €945 | +€934 | +8,469% |
| Recurring financial income | 75 | €11 | €945 | +€934 | +8,469% |
| Financial charges | 65/66B | €1,490 | €650 | -€840 | -56.4% |
| Recurring financial charges | 65 | €1,490 | €650 | -€840 | -56.4% |
| Profit (loss) for the period before taxes | 9903 | €27,461 | €20,788 | -€6,673 | -24.3% |
| Income taxes | 67/77 | €8,428 | €5,642 | -€2,786 | -33.1% |
| Profit (loss) for the period | 9904 | €19,033 | €15,147 | -€3,887 | -20.4% |
| Profit (loss) for the period to be appropriated | 9905 | €19,033 | €15,147 | -€3,887 | -20.4% |
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 24 October 2026 via checked.be.