FIN-EXPERT: 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-EXPERT
Largest movements
- Receivables within one year +€37,055
up €37,055 (+15.4%), from €240,583 to €277,638
of which Other amounts receivable: +€24,378
- Cash +€10,637
up €10,637 (+82.5%), from €12,889 to €23,526
mainly Net result for the year (+€40,883) and Trade debts (+€7,533)
- Profit (loss) carried forward +€40,883
up €40,883 (+17.9%), from €227,963 to €268,846
- Trade debts +€7,533
up €7,533 (+82.5%), from €9,135 to €16,667
- Gross operating margin +€12,286
up €12,286 (+37.6%), from €32,715 to €45,001
- Taxes +€2,417
up €2,417 (+28.5%), from €8,478 to €10,895
- Other operating charges +€1,193
up €1,193 (+91.8%), from €1,300 to €2,493
- Financial income +€1,026
up €1,026 (+9.4%), from €10,888 to €11,914
- Depreciation +€628
up €628 (+69.0%), from €910 to €1,539
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.
Cash bridge derived
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 | €262,984 | €309,137 | +€46,153 | +17.5% |
| Fixed assets | 21/28 | €9,512 | €7,973 | -€1,539 | -16.2% |
| Tangible fixed assets | 22/27 | €9,512 | €7,973 | -€1,539 | -16.2% |
| Furniture and vehicles | 24 | €1,126 | €550 | -€576 | -51.2% |
| Other tangible fixed assets | 26 | €8,386 | €7,424 | -€963 | -11.5% |
| Current assets | 29/58 | €253,472 | €301,164 | +€47,692 | +18.8% |
| Amounts receivable within one year | 40/41 | €240,583 | €277,638 | +€37,055 | +15.4% |
| Trade receivables | 40 | €31,204 | €43,881 | +€12,677 | +40.6% |
| Other amounts receivable | 41 | €209,379 | €233,757 | +€24,378 | +11.6% |
| Cash at bank and in hand | 54/58 | €12,889 | €23,526 | +€10,637 | +82.5% |
| Total equity and liabilities | 10/49 | €262,984 | €309,137 | +€46,153 | +17.5% |
| Equity | 10/15 | €236,023 | €276,906 | +€40,883 | +17.3% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €227,963 | €268,846 | +€40,883 | +17.9% |
| Amounts payable | 17/49 | €26,961 | €32,231 | +€5,270 | +19.5% |
| Amounts payable within one year | 42/48 | €26,961 | €32,231 | +€5,270 | +19.5% |
| Financial debts | 43 | €14,000 | €14,000 | = | 0.0% |
| Credit institutions | 430/8 | €14,000 | €14,000 | = | 0.0% |
| Trade debts | 44 | €9,135 | €16,667 | +€7,533 | +82.5% |
| Suppliers | 440/4 | €9,135 | €16,667 | +€7,533 | +82.5% |
| Taxes, remuneration and social security | 45 | €3,827 | €1,564 | -€2,263 | -59.1% |
| Taxes | 450/3 | €3,827 | €1,564 | -€2,263 | -59.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €910 | €1,539 | +€628 | +69.0% |
| Other operating charges | 640/8 | €1,300 | €2,493 | +€1,193 | +91.8% |
| Gross operating margin | 9900 | €32,715 | €45,001 | +€12,286 | +37.6% |
| Operating profit (loss) | 9901 | €30,505 | €40,970 | +€10,465 | +34.3% |
| Financial income | 75/76B | €10,888 | €11,914 | +€1,026 | +9.4% |
| Recurring financial income | 75 | €10,888 | €11,914 | +€1,026 | +9.4% |
| Financial charges | 65/66B | €1,191 | €1,106 | -€85 | -7.1% |
| Recurring financial charges | 65 | €1,191 | €1,106 | -€85 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €40,202 | €51,778 | +€11,576 | +28.8% |
| Income taxes | 67/77 | €8,478 | €10,895 | +€2,417 | +28.5% |
| Profit (loss) for the period | 9904 | €31,724 | €40,883 | +€9,159 | +28.9% |
| Profit (loss) for the period to be appropriated | 9905 | €31,724 | €40,883 | +€9,159 | +28.9% |
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 10 October 2026 via checked.be.