FINADLP: 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.
FINADLP
Largest movements
- Receivables after one year -€113,340
no longer reported in 2025 (was €113,340)
- Cash -€89,191
down €89,191 (-74.7%), from €119,336 to €30,145
mainly Contributions, distributions and other (-€182,082) and Tax, wage and social debts (-€20,559)
- Financial fixed assets +€12,992
up €12,992 (+469.8%), from €2,766 to €15,758
- Receivables within one year +€8,054
up €8,054 (+1822.2%), from €442 to €8,496
of which Trade receivables: +€5,553
- Reserves -€169,082
down €169,082 (-23.0%), from €736,556 to €567,474
of which Distributable reserves: -€169,082
- Tax, wage and social debts -€20,559
down €20,559 (-75.7%), from €27,152 to €6,593
of which Taxes: -€19,665
- Gross operating margin -€184,719
down €184,719 (-87.0%), from €212,363 to €27,645
- Taxes -€46,497
down €46,497 (-87.3%), from €53,235 to €6,738
- Staff costs -€8,442
down €8,442 (-85.3%), from €9,902 to €1,460
- Other operating charges +€2,151
up €2,151 (+785.1%), from €274 to €2,425
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 | €768,713 | €582,961 | -€185,753 | -24.2% |
| Fixed assets | 21/28 | €18,101 | €28,865 | +€10,764 | +59.5% |
| Tangible fixed assets | 22/27 | €15,335 | €13,107 | -€2,229 | -14.5% |
| Furniture and vehicles | 24 | €4,983 | €2,605 | -€2,378 | -47.7% |
| Other tangible fixed assets | 26 | €10,352 | €10,501 | +€149 | +1.4% |
| Financial fixed assets | 28 | €2,766 | €15,758 | +€12,992 | +469.8% |
| Current assets | 29/58 | €750,612 | €554,096 | -€196,516 | -26.2% |
| Amounts receivable after more than one year | 29 | €113,340 | - | -€113,340 | |
| Other amounts receivable | 291 | €113,340 | - | -€113,340 | |
| Amounts receivable within one year | 40/41 | €442 | €8,496 | +€8,054 | +1822.2% |
| Trade receivables | 40 | €442 | €5,995 | +€5,553 | +1256.4% |
| Other amounts receivable | 41 | - | €2,501 | +€2,501 | |
| Current investments | 50/53 | €515,455 | €515,455 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €119,336 | €30,145 | -€89,191 | -74.7% |
| Deferred charges and accrued income | 490/1 | €2,040 | - | -€2,040 | |
| Total equity and liabilities | 10/49 | €768,713 | €582,961 | -€185,753 | -24.2% |
| Equity | 10/15 | €740,197 | €571,660 | -€168,536 | -22.8% |
| Contributions | 10/11 | €3,250 | €3,250 | = | 0.0% |
| Outside capital | 11 | €3,250 | €3,250 | = | 0.0% |
| Other | 1109/19 | €3,250 | €3,250 | = | 0.0% |
| Reserves | 13 | €736,556 | €567,474 | -€169,082 | -23.0% |
| Tax-exempt reserves | 132 | €515,455 | €515,455 | = | 0.0% |
| Distributable reserves | 133 | €221,102 | €52,020 | -€169,082 | -76.5% |
| Profit (loss) carried forward | 14 | €391 | €936 | +€546 | +139.7% |
| Amounts payable | 17/49 | €28,517 | €11,300 | -€17,216 | -60.4% |
| Amounts payable within one year | 42/48 | €28,517 | €11,300 | -€17,216 | -60.4% |
| Financial debts | 43 | €818 | €341 | -€477 | -58.3% |
| Credit institutions | 430/8 | €818 | €341 | -€477 | -58.3% |
| Trade debts | 44 | €546 | €4,366 | +€3,820 | +699.4% |
| Suppliers | 440/4 | €546 | €4,366 | +€3,820 | +699.4% |
| Taxes, remuneration and social security | 45 | €27,152 | €6,593 | -€20,559 | -75.7% |
| Taxes | 450/3 | €26,258 | €6,593 | -€19,665 | -74.9% |
| Remuneration and social security | 454/9 | €895 | - | -€895 | |
| Remuneration, social security and pensions | 62 | €9,902 | €1,460 | -€8,442 | -85.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,345 | €3,289 | -€56 | -1.7% |
| Other operating charges | 640/8 | €274 | €2,425 | +€2,151 | +785.1% |
| Gross operating margin | 9900 | €212,363 | €27,645 | -€184,719 | -87.0% |
| Operating profit (loss) | 9901 | €198,842 | €20,471 | -€178,372 | -89.7% |
| Financial income | 75/76B | €2,040 | €64 | -€1,976 | -96.8% |
| Recurring financial income | 75 | €2,040 | €64 | -€1,976 | -96.8% |
| Financial charges | 65/66B | €84 | €251 | +€167 | +199.1% |
| Recurring financial charges | 65 | €84 | €251 | +€167 | +199.1% |
| Profit (loss) for the period before taxes | 9903 | €200,799 | €20,284 | -€180,515 | -89.9% |
| Income taxes | 67/77 | €53,235 | €6,738 | -€46,497 | -87.3% |
| Profit (loss) for the period | 9904 | €147,563 | €13,546 | -€134,018 | -90.8% |
| Profit (loss) for the period to be appropriated | 9905 | €147,563 | €13,546 | -€134,018 | -90.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.