FinaLou: 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.
FinaLou
Largest movements
- Receivables within one year +€67,421
up €67,421 (+102%), from €66,181 to €133,601
of which Trade receivables: +€38,233
- Cash -€35,921
down €35,921 (-99.4%), from €36,128 to €207
mainly Contributions, distributions and other (-€223,452) and Receivables within one year (-€67,421)
- Tangible fixed assets -€27,486
down €27,486 (-6.9%), from €397,259 to €369,774
of which Furniture and vehicles: -€17,234
- Other debts +€181,201
up €181,201 (+3,543%), from €5,114 to €186,315
- Reserves -€153,787
down €153,787 (-68.8%), from €223,452 to €69,665
- Debts after one year -€32,302
down €32,302 (-14.5%), from €222,786 to €190,483
- Tax, wage and social debts +€8,985
up €8,985 (+272%), from €3,305 to €12,290
of which Taxes: +€6,741
- Depreciation +€1,783
up €1,783 (+6.9%), from €25,703 to €27,486
- Gross operating margin +€1,270
up €1,270 (+1.1%), from €120,142 to €121,411
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 | €505,653 | €510,026 | +€4,373 | +0.9% |
| Fixed assets | 21/28 | €398,138 | €370,653 | -€27,486 | -6.9% |
| Tangible fixed assets | 22/27 | €397,259 | €369,774 | -€27,486 | -6.9% |
| Land and buildings | 22 | €298,118 | €290,397 | -€7,722 | -2.6% |
| Plant, machinery and equipment | 23 | €26,691 | €24,162 | -€2,530 | -9.5% |
| Furniture and vehicles | 24 | €72,450 | €55,215 | -€17,234 | -23.8% |
| Financial fixed assets | 28 | €879 | €879 | = | 0.0% |
| Current assets | 29/58 | €107,515 | €139,374 | +€31,858 | +29.6% |
| Amounts receivable within one year | 40/41 | €66,181 | €133,601 | +€67,421 | +102% |
| Trade receivables | 40 | €14,521 | €52,754 | +€38,233 | +263% |
| Other amounts receivable | 41 | €51,659 | €80,847 | +€29,188 | +56.5% |
| Current investments | 50/53 | €5,000 | €5,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €36,128 | €207 | -€35,921 | -99.4% |
| Deferred charges and accrued income | 490/1 | €207 | €566 | +€359 | +173% |
| Total equity and liabilities | 10/49 | €505,653 | €510,026 | +€4,373 | +0.9% |
| Equity | 10/15 | €242,052 | €88,265 | -€153,787 | -63.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €223,452 | €69,665 | -€153,787 | -68.8% |
| Distributable reserves | 133 | €223,452 | €69,665 | -€153,787 | -68.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €263,601 | €421,761 | +€158,160 | +60.0% |
| Amounts payable after more than one year | 17 | €222,786 | €190,483 | -€32,302 | -14.5% |
| Financial debts | 170/4 | €222,786 | €190,483 | -€32,302 | -14.5% |
| Amounts payable within one year | 42/48 | €40,816 | €231,278 | +€190,462 | +467% |
| Current portion of amounts payable after more than one year | 42 | €31,653 | €32,302 | +€650 | +2.1% |
| Trade debts | 44 | €744 | €370 | -€374 | -50.2% |
| Suppliers | 440/4 | €744 | €370 | -€374 | -50.2% |
| Taxes, remuneration and social security | 45 | €3,305 | €12,290 | +€8,985 | +272% |
| Taxes | 450/3 | €3,305 | €10,047 | +€6,741 | +204% |
| Remuneration and social security | 454/9 | €0 | €2,244 | +€2,244 | |
| Other amounts payable | 47/48 | €5,114 | €186,315 | +€181,201 | +3,543% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,703 | €27,486 | +€1,783 | +6.9% |
| Other operating charges | 640/8 | €2,229 | €1,975 | -€255 | -11.4% |
| Non-recurring operating charges | 66A | €2,479 | €0 | -€2,479 | -100% |
| Gross operating margin | 9900 | €120,142 | €121,411 | +€1,270 | +1.1% |
| Operating profit (loss) | 9901 | €89,731 | €91,951 | +€2,220 | +2.5% |
| Financial income | 75/76B | €22 | €0 | -€22 | -100% |
| Recurring financial income | 75 | €22 | €0 | -€22 | -100% |
| Financial charges | 65/66B | €4,622 | €3,877 | -€745 | -16.1% |
| Recurring financial charges | 65 | €4,622 | €3,877 | -€745 | -16.1% |
| Profit (loss) for the period before taxes | 9903 | €85,132 | €88,074 | +€2,943 | +3.5% |
| Income taxes | 67/77 | €18,341 | €18,409 | +€69 | +0.4% |
| Profit (loss) for the period | 9904 | €66,791 | €69,665 | +€2,874 | +4.3% |
| Profit (loss) for the period to be appropriated | 9905 | €66,791 | €69,665 | +€2,874 | +4.3% |
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 25 October 2026 via checked.be.