FIN LEASE: 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 LEASE
Largest movements
- Tangible fixed assets -€669,994
down €669,994 (-3.2%), from €20.9m to €20.3m
of which Land and buildings: -€663,242
- Other debts -€8.5m
down €8.5m (-87.7%), from €9.7m to €1.2m
- Debts after one year +€7.7m
up €7.7m (+65.9%), from €11.8m to €19.5m
of which Other amounts payable: +€8.5m
- Gross operating margin +€36,662
up €36,662 (+2.2%), from €1.7m to €1.7m
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 | €21,128,176 | €20,321,555 | -€806,622 | -3.8% |
| Fixed assets | 21/28 | €20,943,054 | €20,253,670 | -€689,383 | -3.3% |
| Tangible fixed assets | 22/27 | €20,923,665 | €20,253,670 | -€669,994 | -3.2% |
| Land and buildings | 22 | €20,879,805 | €20,216,563 | -€663,242 | -3.2% |
| Furniture and vehicles | 24 | €43,860 | €37,108 | -€6,752 | -15.4% |
| Financial fixed assets | 28 | €19,389 | - | -€19,389 | |
| Current assets | 29/58 | €185,123 | €67,884 | -€117,239 | -63.3% |
| Amounts receivable within one year | 40/41 | €126,273 | €7,827 | -€118,446 | -93.8% |
| Trade receivables | 40 | €122,357 | - | -€122,357 | |
| Other amounts receivable | 41 | €3,916 | €7,827 | +€3,912 | +99.9% |
| Cash at bank and in hand | 54/58 | €58,850 | €60,057 | +€1,207 | +2.1% |
| Total equity and liabilities | 10/49 | €21,128,176 | €20,321,555 | -€806,622 | -3.8% |
| Equity | 10/15 | -€1,119,148 | -€1,136,793 | -€17,644 | -1.6% |
| Contributions | 10/11 | €37,000 | €37,000 | = | 0.0% |
| Capital | 10 | €37,000 | €37,000 | = | 0.0% |
| Issued capital | 100 | €37,000 | €37,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,156,148 | -€1,173,793 | -€17,644 | -1.5% |
| Amounts payable | 17/49 | €22,247,325 | €21,458,347 | -€788,978 | -3.5% |
| Amounts payable after more than one year | 17 | €11,759,303 | €19,506,290 | +€7.7m | +65.9% |
| Financial debts | 170/4 | €11,759,303 | €11,006,290 | -€753,012 | -6.4% |
| Other amounts payable | 178/9 | - | €8,500,000 | +€8.5m | |
| Amounts payable within one year | 42/48 | €10,488,022 | €1,952,057 | -€8.5m | -81.4% |
| Current portion of amounts payable after more than one year | 42 | €739,779 | €753,012 | +€13,233 | +1.8% |
| Trade debts | 44 | €2,071 | €2,695 | +€623 | +30.1% |
| Suppliers | 440/4 | €2,071 | €2,695 | +€623 | +30.1% |
| Other amounts payable | 47/48 | €9,746,172 | €1,196,350 | -€8.5m | -87.7% |
| Non-recurring operating income | 76A | €19,389 | €7,721 | -€11,668 | -60.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €669,994 | €669,994 | = | 0.0% |
| Other operating charges | 640/8 | €241,971 | €249,565 | +€7,594 | +3.1% |
| Gross operating margin | 9900 | €1,673,434 | €1,710,096 | +€36,662 | +2.2% |
| Operating profit (loss) | 9901 | €761,469 | €790,537 | +€29,068 | +3.8% |
| Financial charges | 65/66B | €792,936 | €808,181 | +€15,245 | +1.9% |
| Recurring financial charges | 65 | €792,936 | €808,181 | +€15,245 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | -€31,468 | -€17,644 | +€13,823 | +43.9% |
| Profit (loss) for the period | 9904 | -€31,468 | -€17,644 | +€13,823 | +43.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,468 | -€17,644 | +€13,823 | +43.9% |
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.