FINBELUX: 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.
FINBELUX
Largest movements
- Receivables within one year -€9,000
down €9,000 (-100.0%), from €9,000 to €0
of which Other amounts receivable: -€5,000
- Cash -€4,107
down €4,107 (-99.4%), from €4,130 to €23
mainly Net result for the year (-€94,179)
- Financial fixed assets -€1,400
down €1,400 (-100.0%), from €1,400 to €0
- Tangible fixed assets -€829
down €829 (-36.2%), from €2,289 to €1,461
- Profit (loss) carried forward -€94,179
down €94,179 (-16.1%), from -€583,792 to -€677,971
- Other debts +€70,342
up €70,342 (+26107.6%), from €269 to €70,611
- Trade debts +€8,502
up €8,502 (+931.0%), from €913 to €9,415
- Gross operating margin -€461,204
down €461,204, from €372,574 to -€88,630
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 | €16,819 | €1,484 | -€15,335 | -91.2% |
| Fixed assets | 21/28 | €3,689 | €1,461 | -€2,229 | -60.4% |
| Tangible fixed assets | 22/27 | €2,289 | €1,461 | -€829 | -36.2% |
| Furniture and vehicles | 24 | €2,289 | €1,461 | -€829 | -36.2% |
| Financial fixed assets | 28 | €1,400 | €0 | -€1,400 | -100.0% |
| Current assets | 29/58 | €13,130 | €23 | -€13,107 | -99.8% |
| Amounts receivable within one year | 40/41 | €9,000 | €0 | -€9,000 | -100.0% |
| Trade receivables | 40 | €4,000 | €0 | -€4,000 | -100.0% |
| Other amounts receivable | 41 | €5,000 | - | -€5,000 | |
| Cash at bank and in hand | 54/58 | €4,130 | €23 | -€4,107 | -99.4% |
| Total equity and liabilities | 10/49 | €16,819 | €1,484 | -€15,335 | -91.2% |
| Equity | 10/15 | -€130,656 | -€224,835 | -€94,179 | -72.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €440,737 | €440,737 | = | 0.0% |
| Tax-exempt reserves | 132 | €438,877 | €438,877 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€583,792 | -€677,971 | -€94,179 | -16.1% |
| Provisions and deferred taxes | 16 | €146,292 | €146,292 | = | 0.0% |
| Deferred taxes | 168 | €146,292 | €146,292 | = | 0.0% |
| Amounts payable | 17/49 | €1,183 | €80,026 | +€78,843 | +6666.9% |
| Amounts payable within one year | 42/48 | €1,183 | €80,026 | +€78,843 | +6666.9% |
| Trade debts | 44 | €913 | €9,415 | +€8,502 | +931.0% |
| Suppliers | 440/4 | €913 | €9,415 | +€8,502 | +931.0% |
| Other amounts payable | 47/48 | €269 | €70,611 | +€70,342 | +26107.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,245 | €829 | -€417 | -33.5% |
| Other operating charges | 640/8 | €1,166 | €90 | -€1,076 | -92.3% |
| Gross operating margin | 9900 | €372,574 | -€88,630 | -€461,204 | |
| Operating profit (loss) | 9901 | €370,164 | -€89,549 | -€459,712 | |
| Financial income | 75/76B | €0 | €4 | +€4 | +1804.8% |
| Recurring financial income | 75 | €0 | €4 | +€4 | +1804.8% |
| Financial charges | 65/66B | €409 | €3,119 | +€2,710 | +661.9% |
| Recurring financial charges | 65 | €409 | €304 | -€105 | -25.6% |
| Non-recurring financial charges | 66B | - | €2,815 | +€2,815 | |
| Profit (loss) for the period before taxes | 9903 | €369,754 | -€92,664 | -€462,419 | |
| Transfer to deferred taxes | 680 | €146,292 | - | -€146,292 | |
| Income taxes | 67/77 | - | €1,515 | +€1,515 | |
| Profit (loss) for the period | 9904 | €223,462 | -€94,179 | -€317,641 | |
| Transfer to tax-exempt reserves | 689 | €438,877 | - | -€438,877 | |
| Profit (loss) for the period to be appropriated | 9905 | -€215,415 | -€94,179 | +€121,236 | +56.3% |
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 10 October 2026 via checked.be.