FINBEL: 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.
FINBEL
Largest movements
- Receivables within one year -€4,292
down €4,292 (-85.1%), from €5,044 to €752
of which Trade receivables: -€3,993
- Cash -€1,831
down €1,831 (-74.8%), from €2,449 to €618
mainly Other debts (-€11,515) and Investment in fixed assets (net) (-€1,999)
- Deferred charges and accrued income -€1,827
down €1,827 (-37.9%), from €4,814 to €2,987
- Tangible fixed assets +€1,255
up €1,255 (+80.3%), from €1,563 to €2,818
of which Furniture and vehicles: +€1,449
- Other debts -€11,515
down €11,515 (-78.2%), from €14,724 to €3,208
- Profit (loss) carried forward +€3,895
up €3,895 (+19.5%), from -€19,971 to -€16,075
- Tax, wage and social debts +€1,013
up €1,013 (+234%), from €433 to €1,446
- Other operating charges -€3,769
down €3,769 (-80.3%), from €4,695 to €926
- Taxes +€1,050
up €1,050 (+265%), from €396 to €1,446
- Depreciation +€550
up €550 (+284%), from €194 to €744
- Financial charges -€226
down €226 (-83.4%), from €271 to €45
- Gross operating margin +€81
up €81 (+1.2%), from €6,976 to €7,056
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.
Derived cash bridge
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 | €14,095 | €7,400 | -€6,695 | -47.5% |
| Fixed assets | 21/28 | €1,788 | €3,043 | +€1,255 | +70.2% |
| Tangible fixed assets | 22/27 | €1,563 | €2,818 | +€1,255 | +80.3% |
| Furniture and vehicles | 24 | - | €1,449 | +€1,449 | |
| Other tangible fixed assets | 26 | €1,563 | €1,369 | -€194 | -12.4% |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €12,307 | €4,357 | -€7,950 | -64.6% |
| Amounts receivable within one year | 40/41 | €5,044 | €752 | -€4,292 | -85.1% |
| Trade receivables | 40 | €3,993 | €0 | -€3,993 | -100% |
| Other amounts receivable | 41 | €1,051 | €752 | -€299 | -28.5% |
| Cash at bank and in hand | 54/58 | €2,449 | €618 | -€1,831 | -74.8% |
| Deferred charges and accrued income | 490/1 | €4,814 | €2,987 | -€1,827 | -37.9% |
| Total equity and liabilities | 10/49 | €14,095 | €7,400 | -€6,695 | -47.5% |
| Equity | 10/15 | -€1,371 | €2,525 | +€3,895 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,971 | -€16,075 | +€3,895 | +19.5% |
| Amounts payable | 17/49 | €15,466 | €4,876 | -€10,590 | -68.5% |
| Amounts payable within one year | 42/48 | €15,466 | €4,876 | -€10,590 | -68.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €309 | €221 | -€88 | -28.5% |
| Suppliers | 440/4 | €309 | €221 | -€88 | -28.5% |
| Taxes, remuneration and social security | 45 | €433 | €1,446 | +€1,013 | +234% |
| Taxes | 450/3 | €433 | €1,446 | +€1,013 | +234% |
| Other amounts payable | 47/48 | €14,724 | €3,208 | -€11,515 | -78.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €194 | €744 | +€550 | +284% |
| Other operating charges | 640/8 | €4,695 | €926 | -€3,769 | -80.3% |
| Gross operating margin | 9900 | €6,976 | €7,056 | +€81 | +1.2% |
| Operating profit (loss) | 9901 | €2,087 | €5,387 | +€3,300 | +158% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €271 | €45 | -€226 | -83.4% |
| Recurring financial charges | 65 | €271 | €45 | -€226 | -83.4% |
| Profit (loss) for the period before taxes | 9903 | €1,816 | €5,342 | +€3,525 | +194% |
| Income taxes | 67/77 | €396 | €1,446 | +€1,050 | +265% |
| Profit (loss) for the period | 9904 | €1,420 | €3,895 | +€2,475 | +174% |
| Profit (loss) for the period to be appropriated | 9905 | €1,420 | €3,895 | +€2,475 | +174% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.