Fien-S: 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.
Fien-S
Largest movements
- Cash +€109,562
up €109,562 (+82.2%), from €133,225 to €242,787
mainly Current investments (+€100,000) and Depreciation (+€77,089)
- Current investments -€100,000
down €100,000 (-100%), from €100,000 to €0
- Tangible fixed assets -€77,089
down €77,089 (-3.7%), from €2.1m to €2.0m
- Debts after one year -€67,751
down €67,751 (-7.3%), from €923,120 to €855,369
- Other operating charges +€3,585
up €3,585 (+123%), from €2,916 to €6,501
- Financial income +€3,121
up €3,121 (+455%), from €686 to €3,807
- Gross operating margin +€3,024
up €3,024 (+2.8%), from €107,190 to €110,214
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 | €2,353,431 | €2,287,209 | -€66,222 | -2.8% |
| Fixed assets | 21/28 | €2,117,891 | €2,040,802 | -€77,089 | -3.6% |
| Tangible fixed assets | 22/27 | €2,086,891 | €2,009,802 | -€77,089 | -3.7% |
| Land and buildings | 22 | €2,086,891 | €2,009,802 | -€77,089 | -3.7% |
| Financial fixed assets | 28 | €31,000 | €31,000 | = | 0.0% |
| Current assets | 29/58 | €235,540 | €246,407 | +€10,867 | +4.6% |
| Amounts receivable within one year | 40/41 | - | €1,161 | +€1,161 | |
| Other amounts receivable | 41 | - | €1,161 | +€1,161 | |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100% |
| Cash at bank and in hand | 54/58 | €133,225 | €242,787 | +€109,562 | +82.2% |
| Deferred charges and accrued income | 490/1 | €2,315 | €2,459 | +€144 | +6.2% |
| Total equity and liabilities | 10/49 | €2,353,431 | €2,287,209 | -€66,222 | -2.8% |
| Equity | 10/15 | €1,062,207 | €1,066,671 | +€4,464 | +0.4% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €562,207 | €566,671 | +€4,464 | +0.8% |
| Non-distributable reserves | 130/1 | €460 | €460 | = | 0.0% |
| Reserves not available under the articles | 1311 | €460 | €460 | = | 0.0% |
| Distributable reserves | 133 | €561,747 | €566,211 | +€4,464 | +0.8% |
| Amounts payable | 17/49 | €1,291,224 | €1,220,538 | -€70,686 | -5.5% |
| Amounts payable after more than one year | 17 | €923,120 | €855,369 | -€67,751 | -7.3% |
| Financial debts | 170/4 | €923,120 | €855,369 | -€67,751 | -7.3% |
| Amounts payable within one year | 42/48 | €362,262 | €361,440 | -€822 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | €71,890 | €73,336 | +€1,446 | +2.0% |
| Trade debts | 44 | €2,231 | €606 | -€1,625 | -72.8% |
| Suppliers | 440/4 | €2,231 | €606 | -€1,625 | -72.8% |
| Taxes, remuneration and social security | 45 | €460 | €460 | = | 0.0% |
| Taxes | 450/3 | €460 | €460 | = | 0.0% |
| Other amounts payable | 47/48 | €287,681 | €287,038 | -€643 | -0.2% |
| Accrued charges and deferred income | 492/3 | €5,841 | €3,729 | -€2,112 | -36.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,995 | €77,089 | +€1,094 | +1.4% |
| Other operating charges | 640/8 | €2,916 | €6,501 | +€3,585 | +123% |
| Gross operating margin | 9900 | €107,190 | €110,214 | +€3,024 | +2.8% |
| Operating profit (loss) | 9901 | €28,279 | €26,625 | -€1,654 | -5.8% |
| Financial income | 75/76B | €686 | €3,807 | +€3,121 | +455% |
| Recurring financial income | 75 | €686 | €3,807 | +€3,121 | +455% |
| Financial charges | 65/66B | €22,805 | €23,835 | +€1,030 | +4.5% |
| Recurring financial charges | 65 | €22,805 | €23,835 | +€1,030 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | €6,160 | €6,597 | +€437 | +7.1% |
| Income taxes | 67/77 | €2,014 | €2,133 | +€119 | +5.9% |
| Profit (loss) for the period | 9904 | €4,146 | €4,464 | +€318 | +7.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,146 | €4,464 | +€318 | +7.7% |
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 15 October 2026 via checked.be.