Finance House: 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.
Finance House
Largest movements
- Tangible fixed assets -€908,657
down €908,657 (-34.9%), from €2.6m to €1.7m
of which Assets under construction and advance payments: -€1.7m
- Cash -€53,184
down €53,184 (-75.9%), from €70,071 to €16,887
mainly Debts after one year (-€1.0m) and Receivables within one year (-€4,995)
- Debts after one year -€1.0m
down €1.0m (-40.6%), from €2.5m to €1.5m
of which Financial debts: -€703,287
- Current portion of long-term debt +€37,192
up €37,192 (+84.4%), from €44,055 to €81,247
- Gross operating margin +€112,459
up €112,459, from -€2,022 to €110,437
- Financial charges +€69,329
up €69,329 (+112.4%), from €61,679 to €131,009
- Financial income +€15,999
new in 2025: €15,999
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 | €2,680,882 | €1,727,036 | -€953,847 | -35.6% |
| Fixed assets | 21/28 | €2,607,070 | €1,701,413 | -€905,657 | -34.7% |
| Tangible fixed assets | 22/27 | €2,607,070 | €1,698,413 | -€908,657 | -34.9% |
| Land and buildings | 22 | €931,946 | €1,698,413 | +€766,467 | +82.2% |
| Assets under construction and advance payments | 27 | €1,675,124 | - | -€1.7m | |
| Financial fixed assets | 28 | - | €3,000 | +€3,000 | |
| Current assets | 29/58 | €73,812 | €25,623 | -€48,190 | -65.3% |
| Amounts receivable within one year | 40/41 | €3,741 | €8,736 | +€4,995 | +133.5% |
| Trade receivables | 40 | - | €5,316 | +€5,316 | |
| Other amounts receivable | 41 | €3,741 | €3,420 | -€321 | -8.6% |
| Cash at bank and in hand | 54/58 | €70,071 | €16,887 | -€53,184 | -75.9% |
| Total equity and liabilities | 10/49 | €2,680,882 | €1,727,036 | -€953,847 | -35.6% |
| Equity | 10/15 | €171,289 | €166,445 | -€4,843 | -2.8% |
| Contributions | 10/11 | €280,000 | €280,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€108,711 | -€113,555 | -€4,843 | -4.5% |
| Amounts payable | 17/49 | €2,509,594 | €1,560,590 | -€949,003 | -37.8% |
| Amounts payable after more than one year | 17 | €2,465,128 | €1,464,840 | -€1.0m | -40.6% |
| Financial debts | 170/4 | €2,008,128 | €1,304,840 | -€703,287 | -35.0% |
| Other amounts payable | 178/9 | €457,000 | €160,000 | -€297,000 | -65.0% |
| Amounts payable within one year | 42/48 | €44,466 | €95,750 | +€51,284 | +115.3% |
| Current portion of amounts payable after more than one year | 42 | €44,055 | €81,247 | +€37,192 | +84.4% |
| Trade debts | 44 | €411 | €14,503 | +€14,092 | +3425.6% |
| Suppliers | 440/4 | €411 | €14,503 | +€14,092 | +3425.6% |
| Non-recurring operating income | 76A | - | €96,399 | +€96,399 | |
| Other operating charges | 640/8 | €118 | €270 | +€152 | +128.8% |
| Gross operating margin | 9900 | -€2,022 | €110,437 | +€112,459 | |
| Operating profit (loss) | 9901 | -€2,140 | €110,167 | +€112,307 | |
| Financial income | 75/76B | - | €15,999 | +€15,999 | |
| Recurring financial income | 75 | - | €15,999 | +€15,999 | |
| Financial charges | 65/66B | €61,679 | €131,009 | +€69,329 | +112.4% |
| Recurring financial charges | 65 | €61,679 | €131,009 | +€69,329 | +112.4% |
| Profit (loss) for the period before taxes | 9903 | -€63,819 | -€4,843 | +€58,976 | +92.4% |
| Profit (loss) for the period | 9904 | -€63,819 | -€4,843 | +€58,976 | +92.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€63,819 | -€4,843 | +€58,976 | +92.4% |
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 9 October 2026 via checked.be.