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
- Tangible fixed assets +€55,047
up €55,047 (+11.6%), from €476,428 to €531,474
of which Land and buildings: +€56,275
- Receivables within one year +€10,850
up €10,850 (+75.3%), from €14,405 to €25,255
of which Trade receivables: +€11,652
- Trade debts +€57,916
up €57,916 (+320.6%), from €18,064 to €75,979
- Other debts +€24,134
up €24,134 (+155.3%), from €15,544 to €39,677
- Debts after one year -€20,454
down €20,454 (-5.6%), from €366,897 to €346,443
- Gross operating margin +€14,936
up €14,936 (+161.2%), from €9,265 to €24,201
- Financial charges +€4,177
up €4,177 (+63.3%), from €6,603 to €10,780
- Other operating charges +€1,807
up €1,807 (+121.4%), from €1,489 to €3,295
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 | €496,206 | €556,851 | +€60,645 | +12.2% |
| Fixed assets | 21/28 | €476,428 | €531,474 | +€55,047 | +11.6% |
| Tangible fixed assets | 22/27 | €476,428 | €531,474 | +€55,047 | +11.6% |
| Land and buildings | 22 | €474,232 | €530,507 | +€56,275 | +11.9% |
| Plant, machinery and equipment | 23 | €1,442 | €474 | -€967 | -67.1% |
| Furniture and vehicles | 24 | €754 | €493 | -€261 | -34.6% |
| Current assets | 29/58 | €19,779 | €25,377 | +€5,598 | +28.3% |
| Amounts receivable within one year | 40/41 | €14,405 | €25,255 | +€10,850 | +75.3% |
| Trade receivables | 40 | €13,602 | €25,255 | +€11,652 | +85.7% |
| Other amounts receivable | 41 | €802 | - | -€802 | |
| Cash at bank and in hand | 54/58 | €313 | €122 | -€191 | -61.0% |
| Deferred charges and accrued income | 490/1 | €5,061 | - | -€5,061 | |
| Total equity and liabilities | 10/49 | €496,206 | €556,851 | +€60,645 | +12.2% |
| Equity | 10/15 | €45,851 | €44,821 | -€1,030 | -2.2% |
| Contributions | 10/11 | €99,000 | €99,000 | = | 0.0% |
| Reserves | 13 | €70,977 | €68,582 | -€2,395 | -3.4% |
| Tax-exempt reserves | 132 | €70,977 | €68,582 | -€2,395 | -3.4% |
| Profit (loss) carried forward | 14 | -€124,126 | -€122,761 | +€1,365 | +1.1% |
| Provisions and deferred taxes | 16 | €23,659 | €22,861 | -€798 | -3.4% |
| Deferred taxes | 168 | €23,659 | €22,861 | -€798 | -3.4% |
| Amounts payable | 17/49 | €426,696 | €489,169 | +€62,473 | +14.6% |
| Amounts payable after more than one year | 17 | €366,897 | €346,443 | -€20,454 | -5.6% |
| Financial debts | 170/4 | €366,897 | €346,443 | -€20,454 | -5.6% |
| Amounts payable within one year | 42/48 | €59,799 | €142,726 | +€82,927 | +138.7% |
| Current portion of amounts payable after more than one year | 42 | €24,475 | €25,512 | +€1,038 | +4.2% |
| Trade debts | 44 | €18,064 | €75,979 | +€57,916 | +320.6% |
| Suppliers | 440/4 | €18,064 | €75,979 | +€57,916 | +320.6% |
| Taxes, remuneration and social security | 45 | €1,718 | €1,557 | -€160 | -9.3% |
| Taxes | 450/3 | €1,718 | €1,557 | -€160 | -9.3% |
| Other amounts payable | 47/48 | €15,544 | €39,677 | +€24,134 | +155.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,730 | €11,968 | +€238 | +2.0% |
| Other operating charges | 640/8 | €1,489 | €3,295 | +€1,807 | +121.4% |
| Gross operating margin | 9900 | €9,265 | €24,201 | +€14,936 | +161.2% |
| Operating profit (loss) | 9901 | -€3,953 | €8,938 | +€12,891 | |
| Financial income | 75/76B | - | €14 | +€14 | |
| Recurring financial income | 75 | - | €14 | +€14 | |
| Financial charges | 65/66B | €6,603 | €10,780 | +€4,177 | +63.3% |
| Recurring financial charges | 65 | €6,603 | €10,780 | +€4,177 | +63.3% |
| Profit (loss) for the period before taxes | 9903 | -€10,556 | -€1,828 | +€8,729 | +82.7% |
| Transfer from deferred taxes | 780 | €798 | €798 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€9,758 | -€1,030 | +€8,729 | +89.4% |
| Transfer from tax-exempt reserves | 789 | €2,395 | €2,395 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,364 | €1,365 | +€8,729 |
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 9 October 2026 via checked.be.