Finastra: 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.
Finastra
Largest movements
- Financial fixed assets +€427,350
up €427,350 (+6.3%), from €6.7m to €7.2m
- Receivables within one year +€253,604
up €253,604 (+51.5%), from €492,396 to €746,000
of which Trade receivables: +€133,604
- Other debts +€1.6m
up €1.6m, from €0 to €1.6m
- Debts after one year -€750,650
down €750,650 (-20.3%), from €3.7m to €2.9m
- Reserves -€178,374
down €178,374 (-27.8%), from €641,524 to €463,149
of which Distributable reserves: -€178,374
- Purchases and services +€426,634
up €426,634 (+126.4%), from €337,608 to €764,243
- Turnover +€313,508
up €313,508 (+35.1%), from €892,084 to €1.2m
- Gross operating margin -€75,265
down €75,265 (-13.5%), from €556,241 to €480,976
- Financial charges -€65,104
down €65,104 (-28.6%), from €227,295 to €162,192
- Staff costs -€19,472
down €19,472 (-4.3%), from €456,126 to €436,654
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 | €7,480,498 | €8,193,869 | +€713,370 | +9.5% |
| Fixed assets | 21/28 | €6,906,185 | €7,357,416 | +€451,231 | +6.5% |
| Intangible fixed assets | 21 | €54,225 | €70,407 | +€16,182 | +29.8% |
| Tangible fixed assets | 22/27 | €104,025 | €111,724 | +€7,699 | +7.4% |
| Plant, machinery and equipment | 23 | €21,731 | €17,154 | -€4,577 | -21.1% |
| Furniture and vehicles | 24 | €82,294 | €94,570 | +€12,276 | +14.9% |
| Financial fixed assets | 28 | €6,747,935 | €7,175,285 | +€427,350 | +6.3% |
| Current assets | 29/58 | €574,313 | €836,452 | +€262,139 | +45.6% |
| Stocks and contracts in progress | 3 | €9,638 | €9,638 | = | 0.0% |
| Stocks | 30/36 | €9,638 | €9,638 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €492,396 | €746,000 | +€253,604 | +51.5% |
| Trade receivables | 40 | €1,210 | €134,814 | +€133,604 | +11041.7% |
| Other amounts receivable | 41 | €491,186 | €611,186 | +€120,000 | +24.4% |
| Current investments | 50/53 | €50,000 | €50,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €13,460 | €19,684 | +€6,224 | +46.2% |
| Deferred charges and accrued income | 490/1 | €8,820 | €11,131 | +€2,311 | +26.2% |
| Total equity and liabilities | 10/49 | €7,480,498 | €8,193,869 | +€713,370 | +9.5% |
| Equity | 10/15 | €3,641,524 | €3,463,149 | -€178,374 | -4.9% |
| Contributions | 10/11 | €3,000,000 | €3,000,000 | = | 0.0% |
| Capital | 10 | €3,000,000 | €3,000,000 | = | 0.0% |
| Issued capital | 100 | €3,000,000 | €3,000,000 | = | 0.0% |
| Reserves | 13 | €641,524 | €463,149 | -€178,374 | -27.8% |
| Non-distributable reserves | 130/1 | €50,000 | €50,000 | = | 0.0% |
| Legal reserve | 130 | €50,000 | €50,000 | = | 0.0% |
| Distributable reserves | 133 | €591,524 | €413,149 | -€178,374 | -30.2% |
| Amounts payable | 17/49 | €3,838,975 | €4,730,719 | +€891,745 | +23.2% |
| Amounts payable after more than one year | 17 | €3,693,000 | €2,942,350 | -€750,650 | -20.3% |
| Other amounts payable | 178/9 | €3,693,000 | €2,942,350 | -€750,650 | -20.3% |
| Amounts payable within one year | 42/48 | €145,975 | €1,788,369 | +€1.6m | +1125.1% |
| Trade debts | 44 | €86,551 | €110,916 | +€24,365 | +28.2% |
| Suppliers | 440/4 | €86,551 | €110,916 | +€24,365 | +28.2% |
| Taxes, remuneration and social security | 45 | €59,423 | €74,453 | +€15,030 | +25.3% |
| Taxes | 450/3 | €8,930 | €18,527 | +€9,597 | +107.5% |
| Remuneration and social security | 454/9 | €50,493 | €55,926 | +€5,433 | +10.8% |
| Other amounts payable | 47/48 | €0 | €1,603,000 | +€1.6m | |
| Turnover | 70 | €892,084 | €1,205,592 | +€313,508 | +35.1% |
| Non-recurring operating income | 76A | - | €31,250 | +€31,250 | |
| Goods, raw materials, services and sundry goods | 60/61 | €337,608 | €764,243 | +€426,634 | +126.4% |
| Remuneration, social security and pensions | 62 | €456,126 | €436,654 | -€19,472 | -4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,417 | €62,759 | +€13,342 | +27.0% |
| Other operating charges | 640/8 | €1,324 | €5,427 | +€4,103 | +310.0% |
| Non-recurring operating charges | 66A | €428 | €0 | -€428 | -100.0% |
| Gross operating margin | 9900 | €556,241 | €480,976 | -€75,265 | -13.5% |
| Operating profit (loss) | 9901 | €48,946 | -€23,864 | -€72,810 | |
| Financial income | 75/76B | €5,431 | €8,400 | +€2,969 | +54.7% |
| Recurring financial income | 75 | €5,431 | €8,400 | +€2,969 | +54.7% |
| Financial charges | 65/66B | €227,295 | €162,192 | -€65,104 | -28.6% |
| Recurring financial charges | 65 | €227,295 | €162,192 | -€65,104 | -28.6% |
| Profit (loss) for the period before taxes | 9903 | -€172,919 | -€177,655 | -€4,737 | -2.7% |
| Income taxes | 67/77 | -€14,186 | €719 | +€14,905 | |
| Profit (loss) for the period | 9904 | -€158,733 | -€178,374 | -€19,642 | -12.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€158,733 | -€178,374 | -€19,642 | -12.4% |
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 12 October 2026 via checked.be.