FINACCES PARTNERS: 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.
FINACCES PARTNERS
Largest movements
- Financial fixed assets -€148,951
down €148,951 (-14.9%), from €999,571 to €850,620
- Receivables after one year -€23,387
down €23,387 (-6.8%), from €341,534 to €318,147
- Profit (loss) carried forward -€170,832
down €170,832 (-45.1%), from €378,734 to €207,902
- Debts after one year -€26,437
down €26,437 (-2.8%), from €958,509 to €932,072
- Accrued charges and deferred income +€19,177
up €19,177 (+15.1%), from €127,242 to €146,419
- Financial charges +€191,866
up €191,866 (+392%), from €48,943 to €240,809
of which Non-recurring financial charges: +€195,178
- Gross operating margin -€35,889
down €35,889 (-21.5%), from €167,207 to €131,318
- Staff costs -€14,489
down €14,489 (-38.4%), from €37,687 to €23,198
- Taxes -€14,173
down €14,173 (-90.2%), from €15,706 to €1,533
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 | €1,710,510 | €1,517,753 | -€192,757 | -11.3% |
| Fixed assets | 21/28 | €1,287,726 | €1,125,887 | -€161,839 | -12.6% |
| Tangible fixed assets | 22/27 | €288,155 | €275,267 | -€12,888 | -4.5% |
| Land and buildings | 22 | €288,155 | €275,267 | -€12,888 | -4.5% |
| Financial fixed assets | 28 | €999,571 | €850,620 | -€148,951 | -14.9% |
| Current assets | 29/58 | €422,784 | €391,866 | -€30,918 | -7.3% |
| Amounts receivable after more than one year | 29 | €341,534 | €318,147 | -€23,387 | -6.8% |
| Other amounts receivable | 291 | €341,534 | €318,147 | -€23,387 | -6.8% |
| Amounts receivable within one year | 40/41 | €73,294 | €69,183 | -€4,111 | -5.6% |
| Trade receivables | 40 | €199 | - | -€199 | |
| Other amounts receivable | 41 | €73,095 | €69,183 | -€3,912 | -5.4% |
| Cash at bank and in hand | 54/58 | €3,552 | €2,574 | -€978 | -27.5% |
| Deferred charges and accrued income | 490/1 | €4,404 | €1,962 | -€2,442 | -55.4% |
| Total equity and liabilities | 10/49 | €1,710,510 | €1,517,753 | -€192,757 | -11.3% |
| Equity | 10/15 | €489,548 | €318,716 | -€170,832 | -34.9% |
| Contributions | 10/11 | €20,400 | €20,400 | = | 0.0% |
| Reserves | 13 | €90,414 | €90,414 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,040 | - | -€2,040 | |
| Reserves not available under the articles | 1311 | €2,040 | - | -€2,040 | |
| Distributable reserves | 133 | €88,374 | €90,414 | +€2,040 | +2.3% |
| Profit (loss) carried forward | 14 | €378,734 | €207,902 | -€170,832 | -45.1% |
| Amounts payable | 17/49 | €1,220,962 | €1,199,037 | -€21,925 | -1.8% |
| Amounts payable after more than one year | 17 | €958,509 | €932,072 | -€26,437 | -2.8% |
| Financial debts | 170/4 | €958,509 | €932,072 | -€26,437 | -2.8% |
| Amounts payable within one year | 42/48 | €135,211 | €120,546 | -€14,665 | -10.8% |
| Current portion of amounts payable after more than one year | 42 | €25,965 | €26,437 | +€472 | +1.8% |
| Trade debts | 44 | - | €2,514 | +€2,514 | |
| Suppliers | 440/4 | - | €2,514 | +€2,514 | |
| Taxes, remuneration and social security | 45 | €101,255 | €91,595 | -€9,660 | -9.5% |
| Taxes | 450/3 | €94,472 | €86,428 | -€8,044 | -8.5% |
| Remuneration and social security | 454/9 | €6,783 | €5,167 | -€1,616 | -23.8% |
| Other amounts payable | 47/48 | €7,991 | - | -€7,991 | |
| Accrued charges and deferred income | 492/3 | €127,242 | €146,419 | +€19,177 | +15.1% |
| Remuneration, social security and pensions | 62 | €37,687 | €23,198 | -€14,489 | -38.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,763 | €33,027 | +€264 | +0.8% |
| Other operating charges | 640/8 | €3,442 | €3,583 | +€141 | +4.1% |
| Gross operating margin | 9900 | €167,207 | €131,318 | -€35,889 | -21.5% |
| Operating profit (loss) | 9901 | €93,315 | €71,510 | -€21,805 | -23.4% |
| Financial charges | 65/66B | €48,943 | €240,809 | +€191,866 | +392% |
| Recurring financial charges | 65 | €48,943 | €45,631 | -€3,312 | -6.8% |
| Non-recurring financial charges | 66B | - | €195,178 | +€195,178 | |
| Profit (loss) for the period before taxes | 9903 | €44,372 | -€169,299 | -€213,671 | |
| Income taxes | 67/77 | €15,706 | €1,533 | -€14,173 | -90.2% |
| Profit (loss) for the period | 9904 | €28,666 | -€170,832 | -€199,498 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,666 | -€170,832 | -€199,498 |
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 29 October 2026 via checked.be.