Finactor: 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.
Finactor
Largest movements
- Cash +€57,813
up €57,813 (+173.3%), from €33,363 to €91,176
mainly Net result for the year (+€40,014) and Other debts (+€35,000)
- Receivables within one year -€7,339
down €7,339 (-64.7%), from €11,345 to €4,006
of which Other amounts receivable: -€6,709
- Tangible fixed assets -€3,290
down €3,290 (-31.4%), from €10,471 to €7,181
of which Other tangible fixed assets: -€3,057
- Intangible fixed assets -€2,160
down €2,160 (-62.6%), from €3,448 to €1,288
- Deferred charges and accrued income -€1,315
down €1,315 (-38.0%), from €3,458 to €2,143
- Other debts +€35,000
up €35,000 (+140.0%), from €25,000 to €60,000
- Reserves +€5,014
up €5,014 (+19.5%), from €25,707 to €30,722
- Trade debts +€2,862
up €2,862 (+137.8%), from €2,078 to €4,940
- Gross operating margin +€15,173
up €15,173 (+29.6%), from €51,275 to €66,448
- Taxes +€4,082
up €4,082 (+37.1%), from €10,994 to €15,076
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 | €62,085 | €105,794 | +€43,710 | +70.4% |
| Fixed assets | 21/28 | €13,919 | €8,469 | -€5,449 | -39.2% |
| Intangible fixed assets | 21 | €3,448 | €1,288 | -€2,160 | -62.6% |
| Tangible fixed assets | 22/27 | €10,471 | €7,181 | -€3,290 | -31.4% |
| Plant, machinery and equipment | 23 | €414 | €370 | -€44 | -10.6% |
| Furniture and vehicles | 24 | €4,098 | €3,910 | -€188 | -4.6% |
| Other tangible fixed assets | 26 | €5,958 | €2,901 | -€3,057 | -51.3% |
| Current assets | 29/58 | €48,166 | €97,325 | +€49,159 | +102.1% |
| Amounts receivable within one year | 40/41 | €11,345 | €4,006 | -€7,339 | -64.7% |
| Trade receivables | 40 | €630 | €0 | -€630 | -100.0% |
| Other amounts receivable | 41 | €10,715 | €4,006 | -€6,709 | -62.6% |
| Cash at bank and in hand | 54/58 | €33,363 | €91,176 | +€57,813 | +173.3% |
| Deferred charges and accrued income | 490/1 | €3,458 | €2,143 | -€1,315 | -38.0% |
| Total equity and liabilities | 10/49 | €62,085 | €105,794 | +€43,710 | +70.4% |
| Equity | 10/15 | €35,007 | €40,022 | +€5,014 | +14.3% |
| Contributions | 10/11 | €9,300 | €9,300 | = | 0.0% |
| Reserves | 13 | €25,707 | €30,722 | +€5,014 | +19.5% |
| Distributable reserves | 133 | €25,707 | €30,722 | +€5,014 | +19.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €27,078 | €65,773 | +€38,695 | +142.9% |
| Amounts payable within one year | 42/48 | €27,078 | €65,773 | +€38,695 | +142.9% |
| Trade debts | 44 | €2,078 | €4,940 | +€2,862 | +137.8% |
| Suppliers | 440/4 | €2,078 | €4,940 | +€2,862 | +137.8% |
| Taxes, remuneration and social security | 45 | €0 | €833 | +€833 | |
| Taxes | 450/3 | €0 | €833 | +€833 | |
| Other amounts payable | 47/48 | €25,000 | €60,000 | +€35,000 | +140.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,910 | €9,074 | +€163 | +1.8% |
| Other operating charges | 640/8 | €1,772 | €1,505 | -€267 | -15.1% |
| Non-recurring operating charges | 66A | - | €127 | +€127 | |
| Gross operating margin | 9900 | €51,275 | €66,448 | +€15,173 | +29.6% |
| Operating profit (loss) | 9901 | €40,592 | €55,742 | +€15,150 | +37.3% |
| Financial income | 75/76B | €36 | €37 | +€1 | +1.7% |
| Recurring financial income | 75 | €36 | €37 | +€1 | +1.7% |
| Financial charges | 65/66B | €658 | €689 | +€31 | +4.7% |
| Recurring financial charges | 65 | €658 | €689 | +€31 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | €39,971 | €55,090 | +€15,120 | +37.8% |
| Income taxes | 67/77 | €10,994 | €15,076 | +€4,082 | +37.1% |
| Profit (loss) for the period | 9904 | €28,977 | €40,014 | +€11,038 | +38.1% |
| Profit (loss) for the period to be appropriated | 9905 | €28,977 | €40,014 | +€11,038 | +38.1% |
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 9 October 2026 via checked.be.