PR 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.
PR FISC
Largest movements
- Cash +€131,810
up €131,810 (+91.2%), from €144,563 to €276,373
mainly Net result for the year (+€111,808) and Other debts (+€31,351)
- Tangible fixed assets +€32,019
new in 2025: €32,019
- Receivables within one year +€3,741
up €3,741 (+16.0%), from €23,442 to €27,183
- Deferred charges and accrued income +€3,722
new in 2025: €3,722
- Profit (loss) carried forward +€111,808
up €111,808 (+93.7%), from €119,386 to €231,194
- Other debts +€31,351
up €31,351 (+861%), from €3,642 to €34,993
- Tax, wage and social debts +€27,678
up €27,678 (+64.4%), from €42,977 to €70,655
- Gross operating margin -€8,454
down €8,454 (-5.5%), from €154,788 to €146,334
- Taxes -€2,827
down €2,827 (-8.2%), from €34,289 to €31,462
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 | €168,005 | €339,296 | +€171,291 | +102% |
| Fixed assets | 21/28 | - | €32,019 | +€32,019 | |
| Tangible fixed assets | 22/27 | - | €32,019 | +€32,019 | |
| Furniture and vehicles | 24 | - | €32,019 | +€32,019 | |
| Current assets | 29/58 | €168,005 | €307,277 | +€139,272 | +82.9% |
| Amounts receivable within one year | 40/41 | €23,442 | €27,183 | +€3,741 | +16.0% |
| Trade receivables | 40 | €23,442 | €27,183 | +€3,741 | +16.0% |
| Cash at bank and in hand | 54/58 | €144,563 | €276,373 | +€131,810 | +91.2% |
| Deferred charges and accrued income | 490/1 | - | €3,722 | +€3,722 | |
| Total equity and liabilities | 10/49 | €168,005 | €339,296 | +€171,291 | +102% |
| Equity | 10/15 | €121,386 | €233,194 | +€111,808 | +92.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €119,386 | €231,194 | +€111,808 | +93.7% |
| Amounts payable | 17/49 | €46,619 | €106,102 | +€59,483 | +128% |
| Amounts payable within one year | 42/48 | €46,619 | €106,102 | +€59,483 | +128% |
| Trade debts | 44 | - | €454 | +€454 | |
| Suppliers | 440/4 | - | €454 | +€454 | |
| Taxes, remuneration and social security | 45 | €42,977 | €70,655 | +€27,678 | +64.4% |
| Taxes | 450/3 | €42,977 | €70,655 | +€27,678 | +64.4% |
| Other amounts payable | 47/48 | €3,642 | €34,993 | +€31,351 | +861% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,277 | +€1,277 | |
| Other operating charges | 640/8 | €1,112 | €1,741 | +€629 | +56.5% |
| Gross operating margin | 9900 | €154,788 | €146,334 | -€8,454 | -5.5% |
| Operating profit (loss) | 9901 | €153,677 | €143,316 | -€10,360 | -6.7% |
| Financial charges | 65/66B | €2 | €46 | +€44 | +2,607% |
| Recurring financial charges | 65 | €2 | €46 | +€44 | +2,607% |
| Profit (loss) for the period before taxes | 9903 | €153,675 | €143,270 | -€10,404 | -6.8% |
| Income taxes | 67/77 | €34,289 | €31,462 | -€2,827 | -8.2% |
| Profit (loss) for the period | 9904 | €119,386 | €111,808 | -€7,577 | -6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €119,386 | €111,808 | -€7,577 | -6.3% |
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 23 October 2026 via checked.be.