FINBRIT: 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.
FINBRIT
Largest movements
- Tangible fixed assets +€158,142
up €158,142 (+27.9%), from €566,786 to €724,928
of which Land and buildings: +€154,128
- Receivables after one year -€34,315
down €34,315 (-20.0%), from €171,575 to €137,260
- Receivables within one year -€18,875
down €18,875 (-34.4%), from €54,890 to €36,015
of which Other amounts receivable: -€21,867
- Cash -€18,344
down €18,344 (-33.5%), from €54,788 to €36,444
mainly Investment in fixed assets (net) (-€191,315) and Contributions, distributions and other (-€40,000)
- Profit (loss) carried forward +€130,967
up €130,967, from -€83,601 to €47,366
- Debts after one year -€33,038
down €33,038 (-22.3%), from €148,406 to €115,367
- Other debts -€20,735
down €20,735 (-26.8%), from €77,299 to €56,565
- Financial income +€101,536
up €101,536 (+3,393%), from €2,992 to €104,529
- Gross operating margin +€65,445
up €65,445 (+48.1%), from €136,086 to €201,531
- Staff costs -€24,495
down €24,495 (-35.8%), from €68,344 to €43,849
- Taxes +€20,689
up €20,689 (+1,328%), from €1,558 to €22,246
- Financial charges -€13,598
down €13,598 (-59.7%), from €22,777 to €9,178
of which Non-recurring financial charges: -€11,662
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.
Derived cash bridge
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 | €1,508,363 | €1,594,131 | +€85,768 | +5.7% |
| Fixed assets | 21/28 | €1,219,986 | €1,378,128 | +€158,142 | +13.0% |
| Tangible fixed assets | 22/27 | €566,786 | €724,928 | +€158,142 | +27.9% |
| Land and buildings | 22 | €561,084 | €715,212 | +€154,128 | +27.5% |
| Plant, machinery and equipment | 23 | €774 | €619 | -€155 | -20.0% |
| Furniture and vehicles | 24 | €4,928 | €9,097 | +€4,169 | +84.6% |
| Financial fixed assets | 28 | €653,200 | €653,200 | = | 0.0% |
| Current assets | 29/58 | €288,376 | €216,003 | -€72,374 | -25.1% |
| Amounts receivable after more than one year | 29 | €171,575 | €137,260 | -€34,315 | -20.0% |
| Other amounts receivable | 291 | €171,575 | €137,260 | -€34,315 | -20.0% |
| Amounts receivable within one year | 40/41 | €54,890 | €36,015 | -€18,875 | -34.4% |
| Trade receivables | 40 | €19,542 | €22,533 | +€2,992 | +15.3% |
| Other amounts receivable | 41 | €35,348 | €13,481 | -€21,867 | -61.9% |
| Cash at bank and in hand | 54/58 | €54,788 | €36,444 | -€18,344 | -33.5% |
| Deferred charges and accrued income | 490/1 | €7,124 | €6,284 | -€839 | -11.8% |
| Total equity and liabilities | 10/49 | €1,508,363 | €1,594,131 | +€85,768 | +5.7% |
| Equity | 10/15 | €1,220,681 | €1,351,649 | +€130,967 | +10.7% |
| Contributions | 10/11 | €886,300 | €886,300 | = | 0.0% |
| Reserves | 13 | €417,983 | €417,983 | = | 0.0% |
| Distributable reserves | 133 | €417,983 | €417,983 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,601 | €47,366 | +€130,967 | |
| Amounts payable | 17/49 | €287,681 | €242,482 | -€45,199 | -15.7% |
| Amounts payable after more than one year | 17 | €148,406 | €115,367 | -€33,038 | -22.3% |
| Financial debts | 170/4 | €148,406 | €115,367 | -€33,038 | -22.3% |
| Amounts payable within one year | 42/48 | €139,249 | €123,441 | -€15,808 | -11.4% |
| Current portion of amounts payable after more than one year | 42 | €31,536 | €33,038 | +€1,502 | +4.8% |
| Financial debts | 43 | €6,718 | €6,738 | +€20 | +0.3% |
| Credit institutions | 430/8 | €6,718 | €6,738 | +€20 | +0.3% |
| Trade debts | 44 | €9,651 | €9,188 | -€462 | -4.8% |
| Suppliers | 440/4 | €9,651 | €9,188 | -€462 | -4.8% |
| Taxes, remuneration and social security | 45 | €14,045 | €17,912 | +€3,867 | +27.5% |
| Taxes | 450/3 | €5,401 | €17,824 | +€12,423 | +230% |
| Remuneration and social security | 454/9 | €8,644 | €88 | -€8,556 | -99.0% |
| Other amounts payable | 47/48 | €77,299 | €56,565 | -€20,735 | -26.8% |
| Accrued charges and deferred income | 492/3 | €27 | €3,674 | +€3,647 | +13,478% |
| Remuneration, social security and pensions | 62 | €68,344 | €43,849 | -€24,495 | -35.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,768 | €33,173 | +€8,405 | +33.9% |
| Other operating charges | 640/8 | €20,601 | €26,646 | +€6,045 | +29.3% |
| Gross operating margin | 9900 | €136,086 | €201,531 | +€65,445 | +48.1% |
| Operating profit (loss) | 9901 | €22,373 | €97,863 | +€75,490 | +337% |
| Financial income | 75/76B | €2,992 | €104,529 | +€101,536 | +3,393% |
| Recurring financial income | 75 | €2,992 | €104,529 | +€101,536 | +3,393% |
| Financial charges | 65/66B | €22,777 | €9,178 | -€13,598 | -59.7% |
| Recurring financial charges | 65 | €11,115 | €9,178 | -€1,937 | -17.4% |
| Non-recurring financial charges | 66B | €11,662 | - | -€11,662 | |
| Profit (loss) for the period before taxes | 9903 | €2,589 | €193,213 | +€190,624 | +7,362% |
| Income taxes | 67/77 | €1,558 | €22,246 | +€20,689 | +1,328% |
| Profit (loss) for the period | 9904 | €1,031 | €170,967 | +€169,936 | +16,475% |
| Profit (loss) for the period to be appropriated | 9905 | €1,031 | €170,967 | +€169,936 | +16,475% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.