AB Fineq: 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.
AB Fineq
Largest movements
- Receivables within one year +€4,420
up €4,420 (+71.6%), from €6,171 to €10,590
of which Trade receivables: +€3,582
- Cash +€3,292
up €3,292 (+3.5%), from €94,209 to €97,501
mainly Net result for the year (+€11,366) and Other debts (+€4,088)
- Tangible fixed assets +€2,365
up €2,365 (+72.9%), from €3,243 to €5,607
of which Furniture and vehicles: +€2,365
- Reserves +€6,608
up €6,608 (+13.3%), from €49,663 to €56,271
- Other debts +€4,088
up €4,088 (+31.5%), from €12,967 to €17,054
- Gross operating margin +€1,303
up €1,303 (+7.4%), from €17,608 to €18,912
- Depreciation +€685
up €685 (+88.4%), from €775 to €1,460
- Financial charges +€283
up €283 (+237%), from €119 to €403
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 | €105,490 | €115,517 | +€10,027 | +9.5% |
| Fixed assets | 21/28 | €3,243 | €5,607 | +€2,365 | +72.9% |
| Tangible fixed assets | 22/27 | €3,243 | €5,607 | +€2,365 | +72.9% |
| Furniture and vehicles | 24 | €1,393 | €3,757 | +€2,365 | +170% |
| Other tangible fixed assets | 26 | €1,850 | €1,850 | = | 0.0% |
| Current assets | 29/58 | €102,248 | €109,909 | +€7,662 | +7.5% |
| Amounts receivable within one year | 40/41 | €6,171 | €10,590 | +€4,420 | +71.6% |
| Trade receivables | 40 | €6,098 | €9,680 | +€3,582 | +58.7% |
| Other amounts receivable | 41 | €72 | €910 | +€838 | +1,161% |
| Cash at bank and in hand | 54/58 | €94,209 | €97,501 | +€3,292 | +3.5% |
| Deferred charges and accrued income | 490/1 | €1,868 | €1,818 | -€49 | -2.6% |
| Total equity and liabilities | 10/49 | €105,490 | €115,517 | +€10,027 | +9.5% |
| Equity | 10/15 | €74,663 | €81,271 | +€6,608 | +8.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €49,663 | €56,271 | +€6,608 | +13.3% |
| Distributable reserves | 133 | €49,663 | €56,271 | +€6,608 | +13.3% |
| Amounts payable | 17/49 | €30,827 | €34,246 | +€3,419 | +11.1% |
| Amounts payable within one year | 42/48 | €30,827 | €33,846 | +€3,019 | +9.8% |
| Trade debts | 44 | €2,016 | €1,884 | -€132 | -6.6% |
| Suppliers | 440/4 | €2,016 | €1,884 | -€132 | -6.6% |
| Taxes, remuneration and social security | 45 | €15,845 | €14,908 | -€936 | -5.9% |
| Taxes | 450/3 | €15,845 | €14,908 | -€936 | -5.9% |
| Other amounts payable | 47/48 | €12,967 | €17,054 | +€4,088 | +31.5% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €775 | €1,460 | +€685 | +88.4% |
| Other operating charges | 640/8 | €544 | €604 | +€60 | +11.0% |
| Gross operating margin | 9900 | €17,608 | €18,912 | +€1,303 | +7.4% |
| Operating profit (loss) | 9901 | €16,289 | €16,847 | +€558 | +3.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €119 | €403 | +€283 | +237% |
| Recurring financial charges | 65 | €119 | €403 | +€283 | +237% |
| Profit (loss) for the period before taxes | 9903 | €16,170 | €16,444 | +€275 | +1.7% |
| Income taxes | 67/77 | €5,231 | €5,079 | -€152 | -2.9% |
| Profit (loss) for the period | 9904 | €10,939 | €11,366 | +€426 | +3.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,939 | €11,366 | +€426 | +3.9% |
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.