Finalis: 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.
Finalis
Largest movements
- Cash +€18,890
up €18,890 (+80.3%), from €23,533 to €42,422
mainly Net result for the year (+€16,379) and Tax, wage and social debts (+€6,503)
- Receivables within one year +€950
up €950 (+8.8%), from €10,837 to €11,787
of which Trade receivables: +€950
- Tangible fixed assets -€904
down €904 (-45.2%), from €1,999 to €1,095
of which Furniture and vehicles: -€554
- Profit (loss) carried forward +€16,379
up €16,379 (+81.2%), from €20,165 to €36,544
- Tax, wage and social debts +€6,503
up €6,503 (+63.0%), from €10,317 to €16,820
- Other debts -€4,772
down €4,772 (-91.0%), from €5,243 to €472
- Trade debts +€1,356
up €1,356 (+92.9%), from €1,459 to €2,815
- Gross operating margin -€4,229
down €4,229 (-15.7%), from €27,012 to €22,783
- Taxes -€717
down €717 (-11.9%), from €6,004 to €5,286
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 | €37,323 | €56,750 | +€19,427 | +52.1% |
| Fixed assets | 21/28 | €1,999 | €1,095 | -€904 | -45.2% |
| Tangible fixed assets | 22/27 | €1,999 | €1,095 | -€904 | -45.2% |
| Plant, machinery and equipment | 23 | €683 | €333 | -€350 | -51.3% |
| Furniture and vehicles | 24 | €1,316 | €762 | -€554 | -42.1% |
| Current assets | 29/58 | €35,324 | €55,655 | +€20,331 | +57.6% |
| Amounts receivable within one year | 40/41 | €10,837 | €11,787 | +€950 | +8.8% |
| Trade receivables | 40 | €10,768 | €11,717 | +€950 | +8.8% |
| Other amounts receivable | 41 | €69 | €69 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €23,533 | €42,422 | +€18,890 | +80.3% |
| Deferred charges and accrued income | 490/1 | €955 | €1,446 | +€492 | +51.5% |
| Total equity and liabilities | 10/49 | €37,323 | €56,750 | +€19,427 | +52.1% |
| Equity | 10/15 | €20,265 | €36,644 | +€16,379 | +80.8% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,165 | €36,544 | +€16,379 | +81.2% |
| Amounts payable | 17/49 | €17,058 | €20,107 | +€3,048 | +17.9% |
| Amounts payable within one year | 42/48 | €17,019 | €20,107 | +€3,087 | +18.1% |
| Trade debts | 44 | €1,459 | €2,815 | +€1,356 | +92.9% |
| Suppliers | 440/4 | €1,459 | €2,815 | +€1,356 | +92.9% |
| Taxes, remuneration and social security | 45 | €10,317 | €16,820 | +€6,503 | +63.0% |
| Taxes | 450/3 | €10,317 | €16,820 | +€6,503 | +63.0% |
| Other amounts payable | 47/48 | €5,243 | €472 | -€4,772 | -91.0% |
| Accrued charges and deferred income | 492/3 | €39 | €0 | -€39 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €696 | €904 | +€208 | +29.9% |
| Other operating charges | 640/8 | €69 | €144 | +€75 | +108.5% |
| Gross operating margin | 9900 | €27,012 | €22,783 | -€4,229 | -15.7% |
| Operating profit (loss) | 9901 | €26,246 | €21,735 | -€4,512 | -17.2% |
| Financial income | 75/76B | €6 | €0 | -€6 | -99.4% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -99.4% |
| Financial charges | 65/66B | €44 | €70 | +€25 | +57.8% |
| Recurring financial charges | 65 | €44 | €70 | +€25 | +57.8% |
| Profit (loss) for the period before taxes | 9903 | €26,208 | €21,665 | -€4,543 | -17.3% |
| Income taxes | 67/77 | €6,004 | €5,286 | -€717 | -11.9% |
| Profit (loss) for the period | 9904 | €20,205 | €16,379 | -€3,826 | -18.9% |
| Profit (loss) for the period to be appropriated | 9905 | €20,205 | €16,379 | -€3,826 | -18.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.