FINACOR: what changed
Two fiscal 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.
FINACOR
Largest movements
- Cash +€17,155
up €17,155 (+29.7%), from €57,814 to €74,969
mainly Net result for the year (+€9,894) and Other debts (+€9,824)
- Deferred charges and accrued income +€3,722
up €3,722 (+60.0%), from €6,199 to €9,921
- Receivables within one year -€1,907
down €1,907 (-56.5%), from €3,378 to €1,471
- Reserves +€9,894
up €9,894 (+30.2%), from €32,803 to €42,697
of which Distributable reserves: +€9,894
- Other debts +€9,824
up €9,824 (+101.3%), from €9,695 to €19,519
- Accrued charges and deferred income -€2,000
no longer reported in 2024 (was €2,000)
- Trade debts +€1,252
up €1,252 (+27.1%), from €4,613 to €5,865
- Short-term financial debts -€990
no longer reported in 2024 (was €990)
- Gross operating margin +€5,632
up €5,632 (+66.3%), from €8,489 to €14,121
- Taxes +€1,581
up €1,581 (+69.1%), from €2,289 to €3,870
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €71,265 | €90,235 | +€18,970 | +26.6% |
| Fixed assets | 21/28 | €3,874 | €3,874 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Financial fixed assets | 28 | €3,874 | €3,874 | = | 0.0% |
| Current assets | 29/58 | €67,391 | €86,361 | +€18,970 | +28.1% |
| Amounts receivable within one year | 40/41 | €3,378 | €1,471 | -€1,907 | -56.5% |
| Other amounts receivable | 41 | €3,378 | €1,471 | -€1,907 | -56.5% |
| Cash at bank and in hand | 54/58 | €57,814 | €74,969 | +€17,155 | +29.7% |
| Deferred charges and accrued income | 490/1 | €6,199 | €9,921 | +€3,722 | +60.0% |
| Total equity and liabilities | 10/49 | €71,265 | €90,235 | +€18,970 | +26.6% |
| Equity | 10/15 | €51,395 | €61,289 | +€9,894 | +19.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €32,803 | €42,697 | +€9,894 | +30.2% |
| Tax-exempt reserves | 132 | €4,000 | €4,000 | = | 0.0% |
| Distributable reserves | 133 | €28,803 | €38,697 | +€9,894 | +34.3% |
| Amounts payable | 17/49 | €19,870 | €28,946 | +€9,076 | +45.7% |
| Amounts payable within one year | 42/48 | €17,870 | €28,946 | +€11,076 | +62.0% |
| Financial debts | 43 | €990 | - | -€990 | |
| Other loans | 439 | €990 | - | -€990 | |
| Trade debts | 44 | €4,613 | €5,865 | +€1,252 | +27.1% |
| Suppliers | 440/4 | €4,613 | €5,865 | +€1,252 | +27.1% |
| Taxes, remuneration and social security | 45 | €2,572 | €3,561 | +€989 | +38.5% |
| Taxes | 450/3 | €572 | €1,561 | +€989 | +172.9% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €9,695 | €19,519 | +€9,824 | +101.3% |
| Accrued charges and deferred income | 492/3 | €2,000 | - | -€2,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99 | - | -€99 | |
| Other operating charges | 640/8 | €115 | €126 | +€11 | +9.6% |
| Gross operating margin | 9900 | €8,489 | €14,121 | +€5,632 | +66.3% |
| Operating profit (loss) | 9901 | €8,275 | €13,995 | +€5,720 | +69.1% |
| Financial income | 75/76B | €107 | €1 | -€107 | -99.3% |
| Recurring financial income | 75 | €107 | €1 | -€107 | -99.3% |
| Financial charges | 65/66B | €373 | €232 | -€141 | -37.8% |
| Recurring financial charges | 65 | €373 | €232 | -€141 | -37.8% |
| Profit (loss) for the period before taxes | 9903 | €8,010 | €13,764 | +€5,754 | +71.8% |
| Income taxes | 67/77 | €2,289 | €3,870 | +€1,581 | +69.1% |
| Profit (loss) for the period | 9904 | €5,721 | €9,894 | +€4,173 | +72.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,721 | €9,894 | +€4,173 | +72.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.