The Fish Square: what changed
The Fish Square
Largest movements
- Cash -€10,305
down €10,305 (-72.5%), from €14,208 to €3,903
mainly Net result for the year (-€5,992) and Other debts (-€2,421)
- Receivables within one year +€1,121
up €1,121 (+7.0%), from €16,084 to €17,204
of which Trade receivables: +€4,435
- Profit (loss) carried forward -€5,992
down €5,992 (-45.4%), from -€13,210 to -€19,202
- Other debts -€2,421
down €2,421 (-23.3%), from €10,400 to €7,979
- Trade debts -€1,926
down €1,926 (-99.2%), from €1,942 to €16
- Tax, wage and social debts +€1,154
up €1,154 (+99.5%), from €1,160 to €2,314
- Gross operating margin -€24,745
down €24,745, from €18,498 to -€6,247
- Financial income +€395
new in 2025: €395
- Other operating charges -€387
no longer reported in 2025 (was €387)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,292 | €21,107 | -€9,185 | -30.3% |
| Current assets | 29/58 | €30,292 | €21,107 | -€9,185 | -30.3% |
| Amounts receivable within one year | 40/41 | €16,084 | €17,204 | +€1,121 | +7.0% |
| Trade receivables | 40 | €12,137 | €16,572 | +€4,435 | +36.5% |
| Other amounts receivable | 41 | €3,947 | €633 | -€3,315 | -84.0% |
| Cash at bank and in hand | 54/58 | €14,208 | €3,903 | -€10,305 | -72.5% |
| Total equity and liabilities | 10/49 | €30,292 | €21,107 | -€9,185 | -30.3% |
| Equity | 10/15 | €16,790 | €10,798 | -€5,992 | -35.7% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Contributions outside capital | 11 | €30,000 | €30,000 | = | 0.0% |
| Other | 1109/19 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,210 | -€19,202 | -€5,992 | -45.4% |
| Amounts payable | 17/49 | €13,502 | €10,309 | -€3,193 | -23.6% |
| Amounts payable within one year | 42/48 | €13,502 | €10,309 | -€3,193 | -23.6% |
| Trade debts | 44 | €1,942 | €16 | -€1,926 | -99.2% |
| Suppliers | 440/4 | €1,942 | €16 | -€1,926 | -99.2% |
| Taxes, remuneration and social security | 45 | €1,160 | €2,314 | +€1,154 | +99.5% |
| Taxes | 450/3 | €1,160 | €2,314 | +€1,154 | +99.5% |
| Other amounts payable | 47/48 | €10,400 | €7,979 | -€2,421 | -23.3% |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | €18,498 | -€6,247 | -€24,745 | |
| Operating profit (loss) | 9901 | €18,111 | -€6,247 | -€24,358 | |
| Financial income | 75/76B | - | €395 | +€395 | |
| Recurring financial income | 75 | - | €395 | +€395 | |
| Financial charges | 65/66B | €140 | €140 | = | 0.0% |
| Recurring financial charges | 65 | €140 | €140 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €17,971 | -€5,992 | -€23,963 | |
| Profit (loss) for the period | 9904 | €17,971 | -€5,992 | -€23,963 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,971 | -€5,992 | -€23,963 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.