FINAM: 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.
FINAM
Largest movements
- Receivables within one year -€9,117
down €9,117 (-40.6%), from €22,445 to €13,328
of which Other amounts receivable: -€11,922
- Cash -€2,410
down €2,410 (-14.9%), from €16,132 to €13,722
mainly Contributions, distributions and other (-€42,731) and Trade debts (-€1,141)
- Tangible fixed assets -€1,287
down €1,287 (-32.3%), from €3,989 to €2,701
- Reserves -€17,845
down €17,845 (-100%), from €17,845 to €0
- Other debts +€3,882
up €3,882 (+25.6%), from €15,135 to €19,017
- Tax, wage and social debts +€2,290
up €2,290 (+24.4%), from €9,383 to €11,673
of which Taxes: +€2,290
- Trade debts -€1,141
down €1,141 (-71.6%), from €1,593 to €452
- Gross operating margin +€13,020
up €13,020 (+57.7%), from €22,565 to €35,585
- Taxes +€1,525
up €1,525 (+29.1%), from €5,233 to €6,758
- Depreciation +€754
up €754 (+141%), from €534 to €1,287
- Other operating charges +€574
up €574 (+39.6%), from €1,450 to €2,025
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 | €45,955 | €33,141 | -€12,814 | -27.9% |
| Fixed assets | 21/28 | €7,379 | €6,091 | -€1,287 | -17.4% |
| Tangible fixed assets | 22/27 | €3,989 | €2,701 | -€1,287 | -32.3% |
| Furniture and vehicles | 24 | €3,989 | €2,701 | -€1,287 | -32.3% |
| Financial fixed assets | 28 | €3,390 | €3,390 | = | 0.0% |
| Current assets | 29/58 | €38,577 | €27,050 | -€11,527 | -29.9% |
| Amounts receivable within one year | 40/41 | €22,445 | €13,328 | -€9,117 | -40.6% |
| Trade receivables | 40 | €10,123 | €12,928 | +€2,805 | +27.7% |
| Other amounts receivable | 41 | €12,322 | €400 | -€11,922 | -96.8% |
| Cash at bank and in hand | 54/58 | €16,132 | €13,722 | -€2,410 | -14.9% |
| Total equity and liabilities | 10/49 | €45,955 | €33,141 | -€12,814 | -27.9% |
| Equity | 10/15 | €19,845 | €2,000 | -€17,845 | -89.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €17,845 | €0 | -€17,845 | -100% |
| Distributable reserves | 133 | €17,845 | €0 | -€17,845 | -100% |
| Amounts payable | 17/49 | €26,110 | €31,141 | +€5,031 | +19.3% |
| Amounts payable within one year | 42/48 | €26,110 | €31,141 | +€5,031 | +19.3% |
| Trade debts | 44 | €1,593 | €452 | -€1,141 | -71.6% |
| Suppliers | 440/4 | €1,593 | €452 | -€1,141 | -71.6% |
| Taxes, remuneration and social security | 45 | €9,383 | €11,673 | +€2,290 | +24.4% |
| Taxes | 450/3 | €7,943 | €10,233 | +€2,290 | +28.8% |
| Remuneration and social security | 454/9 | €1,440 | €1,440 | = | 0.0% |
| Other amounts payable | 47/48 | €15,135 | €19,017 | +€3,882 | +25.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €534 | €1,287 | +€754 | +141% |
| Other operating charges | 640/8 | €1,450 | €2,025 | +€574 | +39.6% |
| Gross operating margin | 9900 | €22,565 | €35,585 | +€13,020 | +57.7% |
| Operating profit (loss) | 9901 | €20,581 | €32,273 | +€11,692 | +56.8% |
| Financial income | 75/76B | €10 | €0 | -€10 | -99.9% |
| Recurring financial income | 75 | €10 | €0 | -€10 | -99.9% |
| Financial charges | 65/66B | €288 | €630 | +€341 | +118% |
| Recurring financial charges | 65 | €288 | €630 | +€341 | +118% |
| Profit (loss) for the period before taxes | 9903 | €20,302 | €31,643 | +€11,341 | +55.9% |
| Income taxes | 67/77 | €5,233 | €6,758 | +€1,525 | +29.1% |
| Profit (loss) for the period | 9904 | €15,070 | €24,886 | +€9,816 | +65.1% |
| Profit (loss) for the period to be appropriated | 9905 | €15,070 | €24,886 | +€9,816 | +65.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.