FINATIS: 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.
FINATIS
Largest movements
- Cash +€49,233
up €49,233 (+64.8%), from €76,018 to €125,251
mainly Net result for the year (+€58,457) and Deferred charges and accrued income (+€19,200)
- Deferred charges and accrued income -€19,200
no longer reported in 2025 (was €19,200)
- Receivables within one year +€19,194
up €19,194 (+1688.3%), from €1,137 to €20,330
- Tangible fixed assets -€15,383
down €15,383 (-19.8%), from €77,512 to €62,129
of which Furniture and vehicles: -€12,800
- Profit (loss) carried forward +€58,457
up €58,457 (+241.0%), from €24,257 to €82,714
- Debts after one year -€10,200
down €10,200 (-38.7%), from €26,355 to €16,155
- Other debts -€10,000
no longer reported in 2025 (was €10,000)
- Trade debts -€6,597
down €6,597 (-46.6%), from €14,153 to €7,556
- Taxes +€11,091
up €11,091 (+69.3%), from €16,005 to €27,096
- Gross operating margin +€10,534
up €10,534 (+5.8%), from €180,442 to €190,976
- Other operating charges +€2,646
up €2,646 (+162.1%), from €1,632 to €4,277
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 | €329,360 | €363,204 | +€33,844 | +10.3% |
| Fixed assets | 21/28 | €83,005 | €67,622 | -€15,383 | -18.5% |
| Tangible fixed assets | 22/27 | €77,512 | €62,129 | -€15,383 | -19.8% |
| Plant, machinery and equipment | 23 | €3,362 | €1,681 | -€1,681 | -50.0% |
| Furniture and vehicles | 24 | €45,098 | €32,298 | -€12,800 | -28.4% |
| Other tangible fixed assets | 26 | €29,052 | €28,150 | -€902 | -3.1% |
| Financial fixed assets | 28 | €5,493 | €5,493 | = | 0.0% |
| Current assets | 29/58 | €246,355 | €295,582 | +€49,227 | +20.0% |
| Amounts receivable after more than one year | 29 | €150,000 | €150,000 | = | 0.0% |
| Other amounts receivable | 291 | €150,000 | €150,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,137 | €20,330 | +€19,194 | +1688.3% |
| Other amounts receivable | 41 | €1,137 | €20,330 | +€19,194 | +1688.3% |
| Cash at bank and in hand | 54/58 | €76,018 | €125,251 | +€49,233 | +64.8% |
| Deferred charges and accrued income | 490/1 | €19,200 | - | -€19,200 | |
| Total equity and liabilities | 10/49 | €329,360 | €363,204 | +€33,844 | +10.3% |
| Equity | 10/15 | €257,409 | €315,866 | +€58,457 | +22.7% |
| Contributions | 10/11 | €90,000 | €90,000 | = | 0.0% |
| Capital | 10 | €90,000 | - | -€90,000 | |
| Issued capital | 100 | €90,000 | - | -€90,000 | |
| Reserves | 13 | €143,152 | €143,152 | = | 0.0% |
| Non-distributable reserves | 130/1 | €124,402 | €124,402 | = | 0.0% |
| Reserves not available under the articles | 1311 | €124,402 | €124,402 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,257 | €82,714 | +€58,457 | +241.0% |
| Amounts payable | 17/49 | €71,951 | €47,337 | -€24,613 | -34.2% |
| Amounts payable after more than one year | 17 | €26,355 | €16,155 | -€10,200 | -38.7% |
| Financial debts | 170/4 | €26,355 | €16,155 | -€10,200 | -38.7% |
| Amounts payable within one year | 42/48 | €45,595 | €31,178 | -€14,417 | -31.6% |
| Current portion of amounts payable after more than one year | 42 | €9,767 | €10,200 | +€433 | +4.4% |
| Trade debts | 44 | €14,153 | €7,556 | -€6,597 | -46.6% |
| Suppliers | 440/4 | €14,153 | €7,556 | -€6,597 | -46.6% |
| Taxes, remuneration and social security | 45 | €11,676 | €13,422 | +€1,747 | +15.0% |
| Taxes | 450/3 | €9,198 | €9,193 | -€5 | -0.1% |
| Remuneration and social security | 454/9 | €2,477 | €4,229 | +€1,752 | +70.7% |
| Other amounts payable | 47/48 | €10,000 | - | -€10,000 | |
| Accrued charges and deferred income | 492/3 | - | €4 | +€4 | |
| Remuneration, social security and pensions | 62 | €84,112 | €84,070 | -€42 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,383 | €15,383 | = | 0.0% |
| Other operating charges | 640/8 | €1,632 | €4,277 | +€2,646 | +162.1% |
| Gross operating margin | 9900 | €180,442 | €190,976 | +€10,534 | +5.8% |
| Operating profit (loss) | 9901 | €79,315 | €87,246 | +€7,931 | +10.0% |
| Financial charges | 65/66B | €2,060 | €1,692 | -€368 | -17.9% |
| Recurring financial charges | 65 | €2,060 | €1,692 | -€368 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | €77,255 | €85,554 | +€8,299 | +10.7% |
| Income taxes | 67/77 | €16,005 | €27,096 | +€11,091 | +69.3% |
| Profit (loss) for the period | 9904 | €61,249 | €58,457 | -€2,792 | -4.6% |
| Profit (loss) for the period to be appropriated | 9905 | €61,249 | €58,457 | -€2,792 | -4.6% |
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 29 September 2026 via checked.be.