FINAM: 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.
FINAM
Largest movements
- Receivables within one year +€2,155
up €2,155 (+682.0%), from €316 to €2,471
- Profit (loss) carried forward +€2,778
up €2,778 (+3.0%), from €91,839 to €94,617
- Gross operating margin +€2,885
up €2,885 (+233.2%), from €1,237 to €4,122
- Taxes +€928
new in 2025: €928
- Other operating charges -€312
down €312 (-41.3%), from €755 to €443
- Depreciation -€88
no longer reported in 2025 (was €88)
- Financial income +€65
new in 2025: €65
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 | €186,313 | €188,777 | +€2,464 | +1.3% |
| Fixed assets | 21/28 | €185,920 | €185,920 | = | 0.0% |
| Tangible fixed assets | 22/27 | €185,920 | €185,920 | = | 0.0% |
| Land and buildings | 22 | €185,920 | €185,920 | = | 0.0% |
| Current assets | 29/58 | €393 | €2,857 | +€2,464 | +627.0% |
| Amounts receivable within one year | 40/41 | €316 | €2,471 | +€2,155 | +682.0% |
| Other amounts receivable | 41 | €316 | €2,471 | +€2,155 | +682.0% |
| Cash at bank and in hand | 54/58 | €77 | €386 | +€309 | +401.3% |
| Total equity and liabilities | 10/49 | €186,313 | €188,777 | +€2,464 | +1.3% |
| Equity | 10/15 | €184,947 | €187,725 | +€2,778 | +1.5% |
| Contributions | 10/11 | €86,000 | €86,000 | = | 0.0% |
| Reserves | 13 | €7,108 | €7,108 | = | 0.0% |
| Distributable reserves | 133 | €7,108 | €7,108 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,839 | €94,617 | +€2,778 | +3.0% |
| Amounts payable | 17/49 | €1,366 | €1,052 | -€314 | -23.0% |
| Amounts payable within one year | 42/48 | €1,366 | €1,052 | -€314 | -23.0% |
| Trade debts | 44 | - | €124 | +€124 | |
| Suppliers | 440/4 | - | €124 | +€124 | |
| Taxes, remuneration and social security | 45 | - | €928 | +€928 | |
| Taxes | 450/3 | - | €928 | +€928 | |
| Other amounts payable | 47/48 | €1,366 | - | -€1,366 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88 | - | -€88 | |
| Other operating charges | 640/8 | €755 | €443 | -€312 | -41.3% |
| Gross operating margin | 9900 | €1,237 | €4,122 | +€2,885 | +233.2% |
| Operating profit (loss) | 9901 | €394 | €3,679 | +€3,285 | +833.8% |
| Financial income | 75/76B | - | €65 | +€65 | |
| Recurring financial income | 75 | - | €65 | +€65 | |
| Financial charges | 65/66B | €90 | €38 | -€52 | -57.8% |
| Recurring financial charges | 65 | €90 | €38 | -€52 | -57.8% |
| Profit (loss) for the period before taxes | 9903 | €304 | €3,706 | +€3,402 | +1119.1% |
| Income taxes | 67/77 | - | €928 | +€928 | |
| Profit (loss) for the period | 9904 | €304 | €2,778 | +€2,474 | +813.8% |
| Profit (loss) for the period to be appropriated | 9905 | €304 | €2,778 | +€2,474 | +813.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.