FINC: 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.
FINC
Largest movements
- Tangible fixed assets -€1,616
down €1,616 (-1.1%), from €149,631 to €148,015
of which Land and buildings: -€12,754
- Debts after one year -€11,362
down €11,362 (-9.3%), from €122,620 to €111,258
of which Other amounts payable: -€5,730
- Current portion of long-term debt +€4,135
up €4,135 (+44.7%), from €9,242 to €13,377
- Trade debts +€3,940
up €3,940 (+479.1%), from €822 to €4,763
- Gross operating margin -€28,434
down €28,434 (-53.1%), from €53,497 to €25,064
- Depreciation +€2,545
up €2,545 (+19.5%), from €13,070 to €15,616
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 | €160,397 | €159,028 | -€1,369 | -0.9% |
| Fixed assets | 21/28 | €150,431 | €148,815 | -€1,616 | -1.1% |
| Tangible fixed assets | 22/27 | €149,631 | €148,015 | -€1,616 | -1.1% |
| Land and buildings | 22 | €149,570 | €136,815 | -€12,754 | -8.5% |
| Furniture and vehicles | 24 | €61 | €11,200 | +€11,139 | +18170.8% |
| Financial fixed assets | 28 | €800 | €800 | = | 0.0% |
| Current assets | 29/58 | €9,966 | €10,213 | +€247 | +2.5% |
| Stocks and contracts in progress | 3 | €5,377 | €5,882 | +€505 | +9.4% |
| Stocks | 30/36 | €5,377 | €5,882 | +€505 | +9.4% |
| Amounts receivable within one year | 40/41 | €240 | €25 | -€215 | -89.5% |
| Other amounts receivable | 41 | €240 | €25 | -€215 | -89.5% |
| Cash at bank and in hand | 54/58 | €3,309 | €3,245 | -€64 | -1.9% |
| Deferred charges and accrued income | 490/1 | €1,040 | €1,060 | +€20 | +2.0% |
| Total equity and liabilities | 10/49 | €160,397 | €159,028 | -€1,369 | -0.9% |
| Equity | 10/15 | €16,677 | €18,046 | +€1,369 | +8.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Capital | 10 | €50,000 | €50,000 | = | 0.0% |
| Issued capital | 100 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,323 | -€31,954 | +€1,369 | +4.1% |
| Amounts payable | 17/49 | €143,720 | €140,982 | -€2,738 | -1.9% |
| Amounts payable after more than one year | 17 | €122,620 | €111,258 | -€11,362 | -9.3% |
| Financial debts | 170/4 | €116,890 | €111,258 | -€5,632 | -4.8% |
| Other amounts payable | 178/9 | €5,730 | - | -€5,730 | |
| Amounts payable within one year | 42/48 | €20,173 | €28,797 | +€8,624 | +42.7% |
| Current portion of amounts payable after more than one year | 42 | €9,242 | €13,377 | +€4,135 | +44.7% |
| Trade debts | 44 | €822 | €4,763 | +€3,940 | +479.1% |
| Suppliers | 440/4 | €822 | €4,763 | +€3,940 | +479.1% |
| Taxes, remuneration and social security | 45 | €2,337 | €2,244 | -€93 | -4.0% |
| Taxes | 450/3 | €2,239 | €2,214 | -€25 | -1.1% |
| Remuneration and social security | 454/9 | €98 | €30 | -€68 | -69.6% |
| Other amounts payable | 47/48 | €7,772 | €8,414 | +€642 | +8.3% |
| Accrued charges and deferred income | 492/3 | €927 | €927 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €1,395 | €1,711 | +€316 | +22.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,070 | €15,616 | +€2,545 | +19.5% |
| Other operating charges | 640/8 | €3,103 | €3,060 | -€43 | -1.4% |
| Gross operating margin | 9900 | €53,497 | €25,064 | -€28,434 | -53.1% |
| Operating profit (loss) | 9901 | €35,929 | €4,677 | -€31,252 | -87.0% |
| Financial income | 75/76B | €230 | €29 | -€202 | -87.6% |
| Recurring financial income | 75 | €230 | €29 | -€202 | -87.6% |
| Financial charges | 65/66B | €3,207 | €3,336 | +€130 | +4.0% |
| Recurring financial charges | 65 | €3,207 | €3,336 | +€130 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | €32,953 | €1,369 | -€31,583 | -95.8% |
| Profit (loss) for the period | 9904 | €32,953 | €1,369 | -€31,583 | -95.8% |
| Profit (loss) for the period to be appropriated | 9905 | €32,953 | €1,369 | -€31,583 | -95.8% |
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 7 October 2026 via checked.be.