FINACON: 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.
FINACON
Largest movements
- Tangible fixed assets +€29,043
up €29,043 (+6.7%), from €430,616 to €459,659
of which Land and buildings: +€31,209
- Receivables within one year +€7,727
up €7,727 (+52.0%), from €14,873 to €22,600
of which Trade receivables: +€9,189
- Debts after one year +€27,173
up €27,173 (+10.0%), from €272,590 to €299,763
- Other debts +€11,809
up €11,809 (+403%), from €2,929 to €14,738
- Tax, wage and social debts -€8,150
down €8,150 (-71.5%), from €11,402 to €3,252
- Current portion of long-term debt +€5,446
up €5,446 (+23.4%), from €23,256 to €28,702
- Gross operating margin -€17,621
down €17,621 (-37.9%), from €46,433 to €28,813
- Taxes -€9,035
down €9,035 (-96.1%), from €9,405 to €370
- Other operating charges +€3,073
up €3,073 (+177%), from €1,736 to €4,809
- Financial charges +€1,854
up €1,854 (+40.9%), from €4,533 to €6,387
- Depreciation +€1,664
up €1,664 (+14.0%), from €11,911 to €13,574
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 | €445,652 | €483,015 | +€37,363 | +8.4% |
| Fixed assets | 21/28 | €430,621 | €459,664 | +€29,043 | +6.7% |
| Tangible fixed assets | 22/27 | €430,616 | €459,659 | +€29,043 | +6.7% |
| Land and buildings | 22 | €423,192 | €454,401 | +€31,209 | +7.4% |
| Furniture and vehicles | 24 | €7,424 | €5,258 | -€2,166 | -29.2% |
| Financial fixed assets | 28 | €5 | €5 | = | 0.0% |
| Current assets | 29/58 | €15,031 | €23,352 | +€8,320 | +55.4% |
| Amounts receivable within one year | 40/41 | €14,873 | €22,600 | +€7,727 | +52.0% |
| Trade receivables | 40 | €11,781 | €20,970 | +€9,189 | +78.0% |
| Other amounts receivable | 41 | €3,092 | €1,630 | -€1,462 | -47.3% |
| Cash at bank and in hand | 54/58 | €159 | €752 | +€593 | +374% |
| Total equity and liabilities | 10/49 | €445,652 | €483,015 | +€37,363 | +8.4% |
| Equity | 10/15 | €121,864 | €125,536 | +€3,672 | +3.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €115,664 | €119,336 | +€3,672 | +3.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €113,804 | €117,476 | +€3,672 | +3.2% |
| Amounts payable | 17/49 | €323,788 | €357,479 | +€33,691 | +10.4% |
| Amounts payable after more than one year | 17 | €272,590 | €299,763 | +€27,173 | +10.0% |
| Financial debts | 170/4 | €272,590 | €299,763 | +€27,173 | +10.0% |
| Amounts payable within one year | 42/48 | €51,199 | €57,716 | +€6,518 | +12.7% |
| Current portion of amounts payable after more than one year | 42 | €23,256 | €28,702 | +€5,446 | +23.4% |
| Financial debts | 43 | €1,029 | €1,026 | -€3 | -0.3% |
| Other loans | 439 | €1,029 | €1,026 | -€3 | -0.3% |
| Trade debts | 44 | €12,583 | €9,998 | -€2,585 | -20.5% |
| Suppliers | 440/4 | €12,583 | €9,998 | -€2,585 | -20.5% |
| Taxes, remuneration and social security | 45 | €11,402 | €3,252 | -€8,150 | -71.5% |
| Taxes | 450/3 | €11,402 | €3,252 | -€8,150 | -71.5% |
| Other amounts payable | 47/48 | €2,929 | €14,738 | +€11,809 | +403% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,911 | €13,574 | +€1,664 | +14.0% |
| Other operating charges | 640/8 | €1,736 | €4,809 | +€3,073 | +177% |
| Gross operating margin | 9900 | €46,433 | €28,813 | -€17,621 | -37.9% |
| Operating profit (loss) | 9901 | €32,787 | €10,430 | -€22,357 | -68.2% |
| Financial income | 75/76B | €173 | €0 | -€173 | -100% |
| Recurring financial income | 75 | €173 | €0 | -€173 | -100% |
| Financial charges | 65/66B | €4,533 | €6,387 | +€1,854 | +40.9% |
| Recurring financial charges | 65 | €4,533 | €6,387 | +€1,854 | +40.9% |
| Profit (loss) for the period before taxes | 9903 | €28,427 | €4,043 | -€24,384 | -85.8% |
| Income taxes | 67/77 | €9,405 | €370 | -€9,035 | -96.1% |
| Profit (loss) for the period | 9904 | €19,022 | €3,672 | -€15,349 | -80.7% |
| Profit (loss) for the period to be appropriated | 9905 | €19,022 | €3,672 | -€15,349 | -80.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.