FINATRON: 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.
FINATRON
Largest movements
- Receivables after one year +€23,000
up €23,000 (+26.4%), from €87,000 to €110,000
- Deferred charges and accrued income +€15,308
up €15,308 (+257.3%), from €5,948 to €21,256
- Receivables within one year -€13,519
down €13,519 (-42.7%), from €31,669 to €18,150
of which Other amounts receivable: -€29,000
- Tangible fixed assets -€4,511
down €4,511 (-55.6%), from €8,110 to €3,598
of which Furniture and vehicles: -€4,165
- Cash +€1,660
up €1,660 (+383.3%), from €433 to €2,093
mainly Trade debts (+€15,801) and Receivables within one year (+€13,519)
- Trade debts +€15,801
up €15,801 (+638.9%), from €2,473 to €18,274
- Profit (loss) carried forward +€8,471
up €8,471 (+9.1%), from €92,980 to €101,451
- Tax, wage and social debts -€3,127
down €3,127 (-7.7%), from €40,738 to €37,612
- Financial charges +€31,893
up €31,893 (+1786.3%), from €1,785 to €33,678
of which Non-recurring financial charges: +€29,000
- Gross operating margin +€17,038
up €17,038 (+63.3%), from €26,928 to €43,966
- Taxes -€12,481
down €12,481 (-76.6%), from €16,291 to €3,811
- Depreciation -€2,594
down €2,594 (-58.9%), from €4,405 to €1,811
- Financial income +€732
up €732 (+17.4%), from €4,218 to €4,950
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €137,585 | €159,523 | +€21,938 | +15.9% |
| Fixed assets | 21/28 | €12,535 | €8,023 | -€4,511 | -36.0% |
| Tangible fixed assets | 22/27 | €8,110 | €3,598 | -€4,511 | -55.6% |
| Plant, machinery and equipment | 23 | €3,140 | €2,794 | -€346 | -11.0% |
| Furniture and vehicles | 24 | €4,969 | €804 | -€4,165 | -83.8% |
| Financial fixed assets | 28 | €4,425 | €4,425 | = | 0.0% |
| Current assets | 29/58 | €125,051 | €151,500 | +€26,449 | +21.2% |
| Amounts receivable after more than one year | 29 | €87,000 | €110,000 | +€23,000 | +26.4% |
| Other amounts receivable | 291 | €87,000 | €110,000 | +€23,000 | +26.4% |
| Amounts receivable within one year | 40/41 | €31,669 | €18,150 | -€13,519 | -42.7% |
| Trade receivables | 40 | €2,669 | €18,150 | +€15,481 | +580.0% |
| Other amounts receivable | 41 | €29,000 | €0 | -€29,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €433 | €2,093 | +€1,660 | +383.3% |
| Deferred charges and accrued income | 490/1 | €5,948 | €21,256 | +€15,308 | +257.3% |
| Total equity and liabilities | 10/49 | €137,585 | €159,523 | +€21,938 | +15.9% |
| Equity | 10/15 | €93,980 | €102,451 | +€8,471 | +9.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €92,980 | €101,451 | +€8,471 | +9.1% |
| Amounts payable | 17/49 | €43,605 | €57,072 | +€13,466 | +30.9% |
| Amounts payable within one year | 42/48 | €43,605 | €57,072 | +€13,466 | +30.9% |
| Trade debts | 44 | €2,473 | €18,274 | +€15,801 | +638.9% |
| Suppliers | 440/4 | €2,473 | €18,274 | +€15,801 | +638.9% |
| Taxes, remuneration and social security | 45 | €40,738 | €37,612 | -€3,127 | -7.7% |
| Taxes | 450/3 | €40,738 | €37,612 | -€3,127 | -7.7% |
| Other amounts payable | 47/48 | €394 | €1,186 | +€792 | +201.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €1,432 | +€1,432 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,405 | €1,811 | -€2,594 | -58.9% |
| Other operating charges | 640/8 | €1,496 | €1,144 | -€352 | -23.5% |
| Gross operating margin | 9900 | €26,928 | €43,966 | +€17,038 | +63.3% |
| Operating profit (loss) | 9901 | €21,027 | €41,010 | +€19,984 | +95.0% |
| Financial income | 75/76B | €4,218 | €4,950 | +€732 | +17.4% |
| Recurring financial income | 75 | €4,218 | €4,950 | +€732 | +17.4% |
| Financial charges | 65/66B | €1,785 | €33,678 | +€31,893 | +1786.3% |
| Recurring financial charges | 65 | €1,785 | €4,678 | +€2,893 | +162.0% |
| Non-recurring financial charges | 66B | - | €29,000 | +€29,000 | |
| Profit (loss) for the period before taxes | 9903 | €23,459 | €12,282 | -€11,177 | -47.6% |
| Income taxes | 67/77 | €16,291 | €3,811 | -€12,481 | -76.6% |
| Profit (loss) for the period | 9904 | €7,168 | €8,471 | +€1,303 | +18.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,168 | €8,471 | +€1,303 | +18.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.