Fin-Ac Management: 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.
Fin-Ac Management
Largest movements
- Tangible fixed assets +€8,792
up €8,792 (+115%), from €7,633 to €16,425
of which Furniture and vehicles: +€9,307
- Cash -€5,252
down €5,252 (-6.7%), from €78,159 to €72,907
mainly Contributions, distributions and other (-€41,176) and Investment in fixed assets (net) (-€11,904)
- Deferred charges and accrued income -€2,142
down €2,142 (-29.3%), from €7,323 to €5,181
- Receivables within one year -€1,573
down €1,573 (-8.9%), from €17,666 to €16,093
- Profit (loss) carried forward +€9,830
up €9,830 (+25.9%), from €37,904 to €47,734
- Tax, wage and social debts -€5,505
down €5,505 (-18.2%), from €30,197 to €24,692
- Trade debts -€3,536
down €3,536 (-63.0%), from €5,616 to €2,080
- Gross operating margin +€7,173
up €7,173 (+11.8%), from €60,857 to €68,030
- Depreciation +€2,292
up €2,292 (+279%), from €820 to €3,112
- Taxes +€744
up €744 (+6.1%), from €12,296 to €13,040
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 | €110,831 | €110,656 | -€175 | -0.2% |
| Fixed assets | 21/28 | €7,683 | €16,475 | +€8,792 | +114% |
| Tangible fixed assets | 22/27 | €7,633 | €16,425 | +€8,792 | +115% |
| Furniture and vehicles | 24 | €2,527 | €11,834 | +€9,307 | +368% |
| Other tangible fixed assets | 26 | €5,106 | €4,590 | -€516 | -10.1% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €103,148 | €94,182 | -€8,967 | -8.7% |
| Amounts receivable within one year | 40/41 | €17,666 | €16,093 | -€1,573 | -8.9% |
| Trade receivables | 40 | €17,666 | €16,093 | -€1,573 | -8.9% |
| Cash at bank and in hand | 54/58 | €78,159 | €72,907 | -€5,252 | -6.7% |
| Deferred charges and accrued income | 490/1 | €7,323 | €5,181 | -€2,142 | -29.3% |
| Total equity and liabilities | 10/49 | €110,831 | €110,656 | -€175 | -0.2% |
| Equity | 10/15 | €38,004 | €47,834 | +€9,830 | +25.9% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,904 | €47,734 | +€9,830 | +25.9% |
| Amounts payable | 17/49 | €72,828 | €62,823 | -€10,005 | -13.7% |
| Amounts payable within one year | 42/48 | €72,828 | €62,823 | -€10,005 | -13.7% |
| Trade debts | 44 | €5,616 | €2,080 | -€3,536 | -63.0% |
| Suppliers | 440/4 | €5,616 | €2,080 | -€3,536 | -63.0% |
| Taxes, remuneration and social security | 45 | €30,197 | €24,692 | -€5,505 | -18.2% |
| Taxes | 450/3 | €30,197 | €24,692 | -€5,505 | -18.2% |
| Other amounts payable | 47/48 | €37,015 | €36,051 | -€964 | -2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €820 | €3,112 | +€2,292 | +279% |
| Other operating charges | 640/8 | €607 | €951 | +€344 | +56.6% |
| Gross operating margin | 9900 | €60,857 | €68,030 | +€7,173 | +11.8% |
| Operating profit (loss) | 9901 | €59,429 | €63,967 | +€4,537 | +7.6% |
| Financial income | 75/76B | €277 | €277 | +€0 | +0.1% |
| Recurring financial income | 75 | €277 | €277 | +€0 | +0.1% |
| Financial charges | 65/66B | €139 | €197 | +€59 | +42.4% |
| Recurring financial charges | 65 | €139 | €197 | +€59 | +42.4% |
| Profit (loss) for the period before taxes | 9903 | €59,568 | €64,047 | +€4,479 | +7.5% |
| Income taxes | 67/77 | €12,296 | €13,040 | +€744 | +6.1% |
| Profit (loss) for the period | 9904 | €47,272 | €51,007 | +€3,734 | +7.9% |
| Profit (loss) for the period to be appropriated | 9905 | €47,272 | €51,007 | +€3,734 | +7.9% |
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 24 October 2026 via checked.be.