FINAUDIT: 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.
FINAUDIT
Largest movements
- Receivables within one year -€22,419
down €22,419 (-16.1%), from €139,131 to €116,712
of which Trade receivables: -€11,541
- Tangible fixed assets +€18,075
up €18,075 (+677.8%), from €2,667 to €20,742
of which Furniture and vehicles: +€18,408
- Cash -€6,474
down €6,474 (-27.3%), from €23,673 to €17,199
mainly Contributions, distributions and other (-€55,823) and Investment in fixed assets (net) (-€24,692)
- Deferred charges and accrued income +€4,379
up €4,379 (+69.2%), from €6,329 to €10,707
- Intangible fixed assets +€3,406
new in 2025: €3,406
- Debts after one year +€13,075
new in 2025: €13,075
- Tax, wage and social debts -€12,964
down €12,964 (-35.8%), from €36,223 to €23,259
of which Taxes: -€12,759
- Trade debts -€6,994
down €6,994 (-7.3%), from €96,234 to €89,240
- Gross operating margin +€59,211
up €59,211 (+44.9%), from €131,957 to €191,168
- Staff costs +€17,099
up €17,099 (+19.3%), from €88,806 to €105,905
- Other operating charges +€8,231
up €8,231 (+1122.8%), from €733 to €8,964
- Write-downs -€4,676
down €4,676 (-151.5%), from -€3,086 to -€7,762
- Taxes +€3,986
up €3,986 (+21.2%), from €18,770 to €22,757
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 | €171,799 | €168,766 | -€3,033 | -1.8% |
| Fixed assets | 21/28 | €2,667 | €24,148 | +€21,481 | +805.5% |
| Intangible fixed assets | 21 | - | €3,406 | +€3,406 | |
| Tangible fixed assets | 22/27 | €2,667 | €20,742 | +€18,075 | +677.8% |
| Furniture and vehicles | 24 | €1,217 | €19,625 | +€18,408 | +1512.6% |
| Other tangible fixed assets | 26 | €1,450 | €1,117 | -€333 | -22.9% |
| Current assets | 29/58 | €169,132 | €144,618 | -€24,515 | -14.5% |
| Amounts receivable within one year | 40/41 | €139,131 | €116,712 | -€22,419 | -16.1% |
| Trade receivables | 40 | €63,055 | €51,515 | -€11,541 | -18.3% |
| Other amounts receivable | 41 | €76,076 | €65,197 | -€10,879 | -14.3% |
| Cash at bank and in hand | 54/58 | €23,673 | €17,199 | -€6,474 | -27.3% |
| Deferred charges and accrued income | 490/1 | €6,329 | €10,707 | +€4,379 | +69.2% |
| Total equity and liabilities | 10/49 | €171,799 | €168,766 | -€3,033 | -1.8% |
| Equity | 10/15 | €35,630 | €37,286 | +€1,656 | +4.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €22,500 | €22,500 | = | 0.0% |
| Distributable reserves | 133 | €22,500 | €22,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,130 | €4,786 | +€1,656 | +52.9% |
| Amounts payable | 17/49 | €136,169 | €131,480 | -€4,689 | -3.4% |
| Amounts payable after more than one year | 17 | - | €13,075 | +€13,075 | |
| Financial debts | 170/4 | - | €13,075 | +€13,075 | |
| Amounts payable within one year | 42/48 | €136,169 | €118,405 | -€17,765 | -13.0% |
| Current portion of amounts payable after more than one year | 42 | €3,712 | €4,475 | +€763 | +20.6% |
| Financial debts | 43 | - | €1,431 | +€1,431 | |
| Other loans | 439 | - | €1,431 | +€1,431 | |
| Trade debts | 44 | €96,234 | €89,240 | -€6,994 | -7.3% |
| Suppliers | 440/4 | €96,234 | €89,240 | -€6,994 | -7.3% |
| Taxes, remuneration and social security | 45 | €36,223 | €23,259 | -€12,964 | -35.8% |
| Taxes | 450/3 | €21,704 | €8,944 | -€12,759 | -58.8% |
| Remuneration and social security | 454/9 | €14,520 | €14,315 | -€205 | -1.4% |
| Remuneration, social security and pensions | 62 | €88,806 | €105,905 | +€17,099 | +19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,898 | €3,211 | -€3,687 | -53.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€3,086 | -€7,762 | -€4,676 | -151.5% |
| Other operating charges | 640/8 | €733 | €8,964 | +€8,231 | +1122.8% |
| Gross operating margin | 9900 | €131,957 | €191,168 | +€59,211 | +44.9% |
| Operating profit (loss) | 9901 | €38,606 | €80,850 | +€42,243 | +109.4% |
| Financial income | 75/76B | €61 | €47 | -€14 | -23.6% |
| Recurring financial income | 75 | €61 | €47 | -€14 | -23.6% |
| Financial charges | 65/66B | €531 | €661 | +€130 | +24.5% |
| Recurring financial charges | 65 | €531 | €661 | +€130 | +24.5% |
| Profit (loss) for the period before taxes | 9903 | €38,137 | €80,236 | +€42,099 | +110.4% |
| Income taxes | 67/77 | €18,770 | €22,757 | +€3,986 | +21.2% |
| Profit (loss) for the period | 9904 | €19,366 | €57,479 | +€38,113 | +196.8% |
| Transfer from tax-exempt reserves | 789 | €27,448 | - | -€27,448 | |
| Profit (loss) for the period to be appropriated | 9905 | €46,815 | €57,479 | +€10,665 | +22.8% |
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 4 October 2026 via checked.be.