FINASS D: 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.
FINASS D
Largest movements
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Cash +€96,071
up €96,071 (+212.1%), from €45,303 to €141,373
mainly Current investments (+€100,000) and Other debts (+€5,874)
- Receivables within one year +€16,719
up €16,719 (+74.7%), from €22,386 to €39,105
of which Other amounts receivable: +€15,737
- Tangible fixed assets -€2,498
down €2,498 (-10.8%), from €23,066 to €20,568
of which Plant, machinery and equipment: -€1,997
- Deferred charges and accrued income +€2,360
up €2,360 (+68.9%), from €3,427 to €5,787
- Other debts +€5,874
up €5,874 (+20.2%), from €29,061 to €34,936
- Advances received +€2,773
up €2,773 (+50.0%), from €5,544 to €8,316
- Profit (loss) carried forward +€2,271
up €2,271 (+1.8%), from €126,011 to €128,283
- Gross operating margin +€13,193
up €13,193, from -€9,424 to €3,770
- Depreciation -€1,175
down €1,175 (-32.0%), from €3,673 to €2,498
- Financial income -€1,086
down €1,086 (-24.8%), from €4,388 to €3,302
- Other operating charges +€234
up €234 (+14.6%), from €1,596 to €1,830
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 | €194,181 | €206,834 | +€12,652 | +6.5% |
| Fixed assets | 21/28 | €23,066 | €20,568 | -€2,498 | -10.8% |
| Tangible fixed assets | 22/27 | €23,066 | €20,568 | -€2,498 | -10.8% |
| Land and buildings | 22 | €13,564 | €13,564 | = | 0.0% |
| Plant, machinery and equipment | 23 | €9,001 | €7,004 | -€1,997 | -22.2% |
| Furniture and vehicles | 24 | €501 | - | -€501 | |
| Current assets | 29/58 | €171,115 | €186,266 | +€15,150 | +8.9% |
| Amounts receivable within one year | 40/41 | €22,386 | €39,105 | +€16,719 | +74.7% |
| Trade receivables | 40 | €3,219 | €4,201 | +€983 | +30.5% |
| Other amounts receivable | 41 | €19,168 | €34,904 | +€15,737 | +82.1% |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €45,303 | €141,373 | +€96,071 | +212.1% |
| Deferred charges and accrued income | 490/1 | €3,427 | €5,787 | +€2,360 | +68.9% |
| Total equity and liabilities | 10/49 | €194,181 | €206,834 | +€12,652 | +6.5% |
| Equity | 10/15 | €146,463 | €148,734 | +€2,271 | +1.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €126,011 | €128,283 | +€2,271 | +1.8% |
| Amounts payable | 17/49 | €47,719 | €58,100 | +€10,381 | +21.8% |
| Amounts payable within one year | 42/48 | €47,719 | €58,100 | +€10,381 | +21.8% |
| Trade debts | 44 | €13,114 | €14,848 | +€1,734 | +13.2% |
| Suppliers | 440/4 | €13,114 | €14,848 | +€1,734 | +13.2% |
| Advances received on contracts in progress | 46 | €5,544 | €8,316 | +€2,773 | +50.0% |
| Other amounts payable | 47/48 | €29,061 | €34,936 | +€5,874 | +20.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,673 | €2,498 | -€1,175 | -32.0% |
| Other operating charges | 640/8 | €1,596 | €1,830 | +€234 | +14.6% |
| Non-recurring operating charges | 66A | €180 | - | -€180 | |
| Gross operating margin | 9900 | -€9,424 | €3,770 | +€13,193 | |
| Operating profit (loss) | 9901 | -€14,873 | -€558 | +€14,315 | +96.2% |
| Financial income | 75/76B | €4,388 | €3,302 | -€1,086 | -24.8% |
| Recurring financial income | 75 | €4,388 | €3,302 | -€1,086 | -24.8% |
| Financial charges | 65/66B | €136 | €169 | +€33 | +23.8% |
| Recurring financial charges | 65 | €136 | €169 | +€33 | +23.8% |
| Profit (loss) for the period before taxes | 9903 | -€10,622 | €2,574 | +€13,196 | |
| Income taxes | 67/77 | €289 | €303 | +€14 | +4.8% |
| Profit (loss) for the period | 9904 | -€10,911 | €2,271 | +€13,182 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,911 | €2,271 | +€13,182 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.