FINCA: 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.
FINCA
Largest movements
- Cash +€103,820
up €103,820 (+88.2%), from €117,705 to €221,525
mainly Stocks and contracts (+€61,540) and Net result for the year (+€53,269)
- Stocks and contracts -€61,540
down €61,540 (-21.6%), from €284,588 to €223,048
- Receivables within one year -€14,332
down €14,332 (-70.8%), from €20,250 to €5,918
of which Trade receivables: -€15,320
- Deferred charges and accrued income +€9,303
up €9,303 (+109.8%), from €8,470 to €17,773
- Reserves +€53,269
up €53,269 (+34.3%), from €155,227 to €208,496
- Other debts +€28,964
up €28,964 (+13.7%), from €210,912 to €239,876
- Tax, wage and social debts -€27,081
down €27,081 (-68.4%), from €39,586 to €12,504
of which Taxes: -€17,878
- Accrued charges and deferred income -€19,367
no longer reported in 2025 (was €19,367)
- Gross operating margin -€24,596
down €24,596 (-20.7%), from €119,003 to €94,407
- Taxes -€6,598
down €6,598 (-29.2%), from €22,610 to €16,012
- Staff costs +€3,213
up €3,213 (+16.9%), from €18,985 to €22,198
- Other operating charges +€2,587
up €2,587 (+533.1%), from €485 to €3,073
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 | €431,013 | €468,264 | +€37,251 | +8.6% |
| Current assets | 29/58 | €431,013 | €468,264 | +€37,251 | +8.6% |
| Stocks and contracts in progress | 3 | €284,588 | €223,048 | -€61,540 | -21.6% |
| Stocks | 30/36 | €284,588 | €223,048 | -€61,540 | -21.6% |
| Amounts receivable within one year | 40/41 | €20,250 | €5,918 | -€14,332 | -70.8% |
| Trade receivables | 40 | €15,320 | - | -€15,320 | |
| Other amounts receivable | 41 | €4,930 | €5,918 | +€988 | +20.0% |
| Cash at bank and in hand | 54/58 | €117,705 | €221,525 | +€103,820 | +88.2% |
| Deferred charges and accrued income | 490/1 | €8,470 | €17,773 | +€9,303 | +109.8% |
| Total equity and liabilities | 10/49 | €431,013 | €468,264 | +€37,251 | +8.6% |
| Equity | 10/15 | €157,427 | €210,696 | +€53,269 | +33.8% |
| Contributions | 10/11 | €2,200 | €2,200 | = | 0.0% |
| Reserves | 13 | €155,227 | €208,496 | +€53,269 | +34.3% |
| Distributable reserves | 133 | €155,227 | €208,496 | +€53,269 | +34.3% |
| Amounts payable | 17/49 | €273,586 | €257,568 | -€16,018 | -5.9% |
| Amounts payable within one year | 42/48 | €254,218 | €257,568 | +€3,350 | +1.3% |
| Trade debts | 44 | €3,521 | €4,688 | +€1,167 | +33.1% |
| Suppliers | 440/4 | €3,521 | €4,688 | +€1,167 | +33.1% |
| Advances received on contracts in progress | 46 | €200 | €500 | +€300 | +150.0% |
| Taxes, remuneration and social security | 45 | €39,586 | €12,504 | -€27,081 | -68.4% |
| Taxes | 450/3 | €25,263 | €7,385 | -€17,878 | -70.8% |
| Remuneration and social security | 454/9 | €14,323 | €5,119 | -€9,204 | -64.3% |
| Other amounts payable | 47/48 | €210,912 | €239,876 | +€28,964 | +13.7% |
| Accrued charges and deferred income | 492/3 | €19,367 | - | -€19,367 | |
| Remuneration, social security and pensions | 62 | €18,985 | €22,198 | +€3,213 | +16.9% |
| Other operating charges | 640/8 | €485 | €3,073 | +€2,587 | +533.1% |
| Gross operating margin | 9900 | €119,003 | €94,407 | -€24,596 | -20.7% |
| Operating profit (loss) | 9901 | €99,532 | €69,137 | -€30,395 | -30.5% |
| Financial income | 75/76B | €500 | €450 | -€50 | -10.0% |
| Recurring financial income | 75 | €500 | €450 | -€50 | -10.0% |
| Financial charges | 65/66B | €155 | €306 | +€151 | +97.4% |
| Recurring financial charges | 65 | €155 | €306 | +€151 | +97.4% |
| Profit (loss) for the period before taxes | 9903 | €99,877 | €69,281 | -€30,596 | -30.6% |
| Income taxes | 67/77 | €22,610 | €16,012 | -€6,598 | -29.2% |
| Profit (loss) for the period | 9904 | €77,267 | €53,269 | -€23,998 | -31.1% |
| Profit (loss) for the period to be appropriated | 9905 | €77,267 | €53,269 | -€23,998 | -31.1% |
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 6 October 2026 via checked.be.