FINAMIGO: 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.
FINAMIGO
Largest movements
- Current investments -€211,206
down €211,206 (-100.0%), from €211,243 to €37
- Receivables within one year -€174,717
down €174,717 (-34.0%), from €513,310 to €338,593
of which Other amounts receivable: -€168,833
- Cash +€56,326
up €56,326 (+1,742%), from €3,234 to €59,560
mainly Net result for the year (+€231,204) and Current investments (+€211,206)
- Tangible fixed assets -€9,281
down €9,281 (-82.7%), from €11,225 to €1,944
- Other debts -€315,000
down €315,000 (-53.8%), from €585,000 to €270,000
- Profit (loss) carried forward -€38,796
down €38,796 (-97.4%), from €39,826 to €1,030
- Tax, wage and social debts +€19,405
up €19,405 (+18.2%), from €106,412 to €125,816
of which Remuneration and social security: +€12,461
- Current portion of long-term debt -€8,311
down €8,311 (-100%), from €8,311 to €0
- Trade debts +€7,587
up €7,587 (+175%), from €4,336 to €11,923
- Gross operating margin -€265,942
down €265,942 (-19.4%), from €1.4m to €1.1m
- Staff costs +€124,938
up €124,938 (+19.0%), from €656,440 to €781,378
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 | €746,886 | €411,770 | -€335,116 | -44.9% |
| Fixed assets | 21/28 | €11,225 | €1,944 | -€9,281 | -82.7% |
| Tangible fixed assets | 22/27 | €11,225 | €1,944 | -€9,281 | -82.7% |
| Furniture and vehicles | 24 | €11,225 | €1,944 | -€9,281 | -82.7% |
| Current assets | 29/58 | €735,661 | €409,826 | -€325,835 | -44.3% |
| Amounts receivable within one year | 40/41 | €513,310 | €338,593 | -€174,717 | -34.0% |
| Trade receivables | 40 | €311,032 | €305,149 | -€5,883 | -1.9% |
| Other amounts receivable | 41 | €202,278 | €33,444 | -€168,833 | -83.5% |
| Current investments | 50/53 | €211,243 | €37 | -€211,206 | -100.0% |
| Cash at bank and in hand | 54/58 | €3,234 | €59,560 | +€56,326 | +1,742% |
| Deferred charges and accrued income | 490/1 | €7,874 | €11,636 | +€3,762 | +47.8% |
| Total equity and liabilities | 10/49 | €746,886 | €411,770 | -€335,116 | -44.9% |
| Equity | 10/15 | €42,826 | €4,030 | -€38,796 | -90.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,826 | €1,030 | -€38,796 | -97.4% |
| Amounts payable | 17/49 | €704,059 | €407,740 | -€296,319 | -42.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €704,059 | €407,740 | -€296,319 | -42.1% |
| Current portion of amounts payable after more than one year | 42 | €8,311 | €0 | -€8,311 | -100% |
| Trade debts | 44 | €4,336 | €11,923 | +€7,587 | +175% |
| Suppliers | 440/4 | €4,336 | €11,923 | +€7,587 | +175% |
| Taxes, remuneration and social security | 45 | €106,412 | €125,816 | +€19,405 | +18.2% |
| Taxes | 450/3 | €308 | €7,252 | +€6,944 | +2,253% |
| Remuneration and social security | 454/9 | €106,103 | €118,564 | +€12,461 | +11.7% |
| Other amounts payable | 47/48 | €585,000 | €270,000 | -€315,000 | -53.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €656,440 | €781,378 | +€124,938 | +19.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,872 | €1,468 | -€9,403 | -86.5% |
| Other operating charges | 640/8 | €439 | €76 | -€363 | -82.7% |
| Gross operating margin | 9900 | €1,368,117 | €1,102,175 | -€265,942 | -19.4% |
| Operating profit (loss) | 9901 | €700,366 | €319,253 | -€381,113 | -54.4% |
| Financial income | 75/76B | €1,611 | €1,225 | -€386 | -23.9% |
| Recurring financial income | 75 | €1,611 | €1,225 | -€386 | -23.9% |
| Financial charges | 65/66B | €2,089 | €1,655 | -€434 | -20.8% |
| Recurring financial charges | 65 | €2,089 | €1,655 | -€434 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | €699,888 | €318,824 | -€381,065 | -54.4% |
| Income taxes | 67/77 | €89,039 | €87,620 | -€1,419 | -1.6% |
| Profit (loss) for the period | 9904 | €610,849 | €231,204 | -€379,645 | -62.2% |
| Profit (loss) for the period to be appropriated | 9905 | €610,849 | €231,204 | -€379,645 | -62.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.