FINAMER: 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.
FINAMER
Largest movements
- Receivables within one year -€20,910
down €20,910 (-99.5%), from €21,024 to €114
- Other debts +€25,664
up €25,664, from €0 to €25,664
- Provisions -€23,891
down €23,891 (-4.0%), from €598,632 to €574,741
- Financial income -€255,477
down €255,477 (-99.9%), from €255,855 to €379
of which Non-recurring financial income: -€243,728
- Gross operating margin -€28,327
down €28,327 (-54.6%), from €51,840 to €23,514
- Financial charges -€22,747
down €22,747 (-46.0%), from €49,500 to €26,752
- Taxes -€8,306
down €8,306 (-100.0%), from €8,306 to €0
- Depreciation -€2,137
down €2,137 (-100.0%), from €2,137 to €0
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 | €1,518,372 | €1,508,582 | -€9,790 | -0.6% |
| Fixed assets | 21/28 | €1,423,928 | €1,423,928 | = | 0.0% |
| Tangible fixed assets | 22/27 | €1,423,928 | €1,423,928 | = | 0.0% |
| Land and buildings | 22 | €1,313,728 | €1,313,728 | = | 0.0% |
| Other tangible fixed assets | 26 | €110,200 | €110,200 | = | 0.0% |
| Current assets | 29/58 | €94,444 | €84,654 | -€9,790 | -10.4% |
| Amounts receivable within one year | 40/41 | €21,024 | €114 | -€20,910 | -99.5% |
| Other amounts receivable | 41 | €21,024 | €114 | -€20,910 | -99.5% |
| Cash at bank and in hand | 54/58 | €71,291 | €83,270 | +€11,978 | +16.8% |
| Deferred charges and accrued income | 490/1 | €2,129 | €1,271 | -€858 | -40.3% |
| Total equity and liabilities | 10/49 | €1,518,372 | €1,508,582 | -€9,790 | -0.6% |
| Equity | 10/15 | €661,963 | €653,873 | -€8,090 | -1.2% |
| Contributions | 10/11 | €72,000 | €72,000 | = | 0.0% |
| Capital | 10 | €72,000 | €72,000 | = | 0.0% |
| Issued capital | 100 | €72,000 | €72,000 | = | 0.0% |
| Reserves | 13 | €570,798 | €570,798 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,200 | €7,200 | = | 0.0% |
| Legal reserve | 130 | €7,200 | €7,200 | = | 0.0% |
| Distributable reserves | 133 | €563,598 | €563,598 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,165 | €11,074 | -€8,090 | -42.2% |
| Provisions and deferred taxes | 16 | €598,632 | €574,741 | -€23,891 | -4.0% |
| Provisions for liabilities and charges | 160/5 | €598,632 | €574,741 | -€23,891 | -4.0% |
| Other liabilities and charges | 164/5 | €598,632 | €574,741 | -€23,891 | -4.0% |
| Amounts payable | 17/49 | €257,777 | €279,969 | +€22,192 | +8.6% |
| Amounts payable after more than one year | 17 | €250,000 | €250,000 | = | 0.0% |
| Financial debts | 170/4 | €250,000 | €250,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €7,777 | €29,969 | +€22,192 | +285.3% |
| Trade debts | 44 | €3,984 | €917 | -€3,067 | -77.0% |
| Suppliers | 440/4 | €3,984 | €917 | -€3,067 | -77.0% |
| Taxes, remuneration and social security | 45 | €3,793 | €3,389 | -€405 | -10.7% |
| Taxes | 450/3 | €3,793 | €3,389 | -€405 | -10.7% |
| Other amounts payable | 47/48 | €0 | €25,664 | +€25,664 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,137 | €0 | -€2,137 | -100.0% |
| Other operating charges | 640/8 | €5,574 | €5,230 | -€344 | -6.2% |
| Gross operating margin | 9900 | €51,840 | €23,514 | -€28,327 | -54.6% |
| Operating profit (loss) | 9901 | €44,129 | €18,283 | -€25,846 | -58.6% |
| Financial income | 75/76B | €255,855 | €379 | -€255,477 | -99.9% |
| Recurring financial income | 75 | €12,128 | €379 | -€11,749 | -96.9% |
| Non-recurring financial income | 76B | €243,728 | - | -€243,728 | |
| Financial charges | 65/66B | €49,500 | €26,752 | -€22,747 | -46.0% |
| Recurring financial charges | 65 | €49,500 | €26,752 | -€22,747 | -46.0% |
| Profit (loss) for the period before taxes | 9903 | €250,485 | -€8,090 | -€258,575 | |
| Income taxes | 67/77 | €8,306 | €0 | -€8,306 | -100.0% |
| Profit (loss) for the period | 9904 | €242,178 | -€8,090 | -€250,269 | |
| Profit (loss) for the period to be appropriated | 9905 | €242,178 | -€8,090 | -€250,269 |
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.