PRO-FISCOM: 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.
PRO-FISCOM
Largest movements
- Deferred charges and accrued income +€15,251
up €15,251 (+3.9%), from €388,646 to €403,897
- Financial fixed assets -€14,676
down €14,676 (-33.8%), from €43,449 to €28,773
- Receivables within one year -€12,587
down €12,587 (-24.9%), from €50,483 to €37,896
of which Trade receivables: -€16,860
- Cash +€6,580
up €6,580 (+11.2%), from €58,855 to €65,436
mainly Net result for the year (+€64,819) and Investment in fixed assets (net) (+€12,619)
- Profit (loss) carried forward +€29,819
up €29,819 (+10.0%), from €297,148 to €326,967
- Current portion of long-term debt -€23,934
down €23,934 (-77.7%), from €30,799 to €6,865
- Trade debts -€11,530
down €11,530 (-48.7%), from €23,665 to €12,135
- Reserves +€10,000
up €10,000 (+14.1%), from €71,013 to €81,013
of which Distributable reserves: +€49,153
- Staff costs -€84,581
down €84,581 (-77.7%), from €108,887 to €24,306
- Gross operating margin -€59,637
down €59,637 (-29.8%), from €199,937 to €140,301
- Depreciation -€35,620
down €35,620 (-94.4%), from €37,750 to €2,130
- Taxes +€29,270
up €29,270 (+189%), from €15,476 to €44,747
- Financial charges +€4,245
up €4,245 (+193%), from €2,205 to €6,450
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 | €546,241 | €540,737 | -€5,505 | -1.0% |
| Fixed assets | 21/28 | €48,257 | €33,508 | -€14,749 | -30.6% |
| Intangible fixed assets | 21 | €3,476 | €2,179 | -€1,297 | -37.3% |
| Tangible fixed assets | 22/27 | €1,332 | €2,555 | +€1,224 | +91.9% |
| Furniture and vehicles | 24 | €1,332 | €2,555 | +€1,224 | +91.9% |
| Financial fixed assets | 28 | €43,449 | €28,773 | -€14,676 | -33.8% |
| Current assets | 29/58 | €497,984 | €507,228 | +€9,244 | +1.9% |
| Amounts receivable within one year | 40/41 | €50,483 | €37,896 | -€12,587 | -24.9% |
| Trade receivables | 40 | €45,049 | €28,189 | -€16,860 | -37.4% |
| Other amounts receivable | 41 | €5,434 | €9,707 | +€4,273 | +78.6% |
| Cash at bank and in hand | 54/58 | €58,855 | €65,436 | +€6,580 | +11.2% |
| Deferred charges and accrued income | 490/1 | €388,646 | €403,897 | +€15,251 | +3.9% |
| Total equity and liabilities | 10/49 | €546,241 | €540,737 | -€5,505 | -1.0% |
| Equity | 10/15 | €386,761 | €426,580 | +€39,819 | +10.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €71,013 | €81,013 | +€10,000 | +14.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €39,153 | - | -€39,153 | |
| Distributable reserves | 133 | €30,000 | €79,153 | +€49,153 | +164% |
| Profit (loss) carried forward | 14 | €297,148 | €326,967 | +€29,819 | +10.0% |
| Amounts payable | 17/49 | €159,480 | €114,156 | -€45,324 | -28.4% |
| Amounts payable within one year | 42/48 | €149,158 | €109,117 | -€40,041 | -26.8% |
| Current portion of amounts payable after more than one year | 42 | €30,799 | €6,865 | -€23,934 | -77.7% |
| Trade debts | 44 | €23,665 | €12,135 | -€11,530 | -48.7% |
| Suppliers | 440/4 | €23,665 | €12,135 | -€11,530 | -48.7% |
| Taxes, remuneration and social security | 45 | €64,252 | €64,756 | +€504 | +0.8% |
| Taxes | 450/3 | €50,378 | €62,630 | +€12,252 | +24.3% |
| Remuneration and social security | 454/9 | €13,874 | €2,126 | -€11,748 | -84.7% |
| Other amounts payable | 47/48 | €30,443 | €25,362 | -€5,081 | -16.7% |
| Accrued charges and deferred income | 492/3 | €10,322 | €5,039 | -€5,283 | -51.2% |
| Remuneration, social security and pensions | 62 | €108,887 | €24,306 | -€84,581 | -77.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,750 | €2,130 | -€35,620 | -94.4% |
| Other operating charges | 640/8 | €3,621 | €1,949 | -€1,672 | -46.2% |
| Non-recurring operating charges | 66A | €121 | - | -€121 | |
| Gross operating margin | 9900 | €199,937 | €140,301 | -€59,637 | -29.8% |
| Operating profit (loss) | 9901 | €49,558 | €111,915 | +€62,357 | +126% |
| Financial income | 75/76B | €760 | €4,100 | +€3,340 | +440% |
| Recurring financial income | 75 | €760 | €4,100 | +€3,340 | +440% |
| Financial charges | 65/66B | €2,205 | €6,450 | +€4,245 | +193% |
| Recurring financial charges | 65 | €2,205 | €6,450 | +€4,245 | +193% |
| Profit (loss) for the period before taxes | 9903 | €48,113 | €109,566 | +€61,452 | +128% |
| Income taxes | 67/77 | €15,476 | €44,747 | +€29,270 | +189% |
| Profit (loss) for the period | 9904 | €32,637 | €64,819 | +€32,182 | +98.6% |
| Transfer from tax-exempt reserves | 789 | - | €39,153 | +€39,153 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,637 | €103,972 | +€71,335 | +219% |
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 19 October 2026 via checked.be.