FINCEPTIVE: 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.
FINCEPTIVE
Largest movements
- Receivables within one year +€37,207
up €37,207 (+63.4%), from €58,649 to €95,856
of which Other amounts receivable: +€31,756
- Current investments -€26,719
down €26,719 (-28.6%), from €93,376 to €66,657
- Tangible fixed assets -€2,373
down €2,373 (-7.1%), from €33,522 to €31,149
of which Furniture and vehicles: -€1,844
- Reserves +€34,642
up €34,642 (+23.8%), from €145,488 to €180,130
- Tax, wage and social debts -€24,367
down €24,367 (-71.9%), from €33,878 to €9,512
- Gross operating margin +€46,778
up €46,778 (+41.5%), from €112,824 to €159,602
- Taxes +€10,715
up €10,715 (+47.7%), from €22,441 to €33,155
- Financial charges +€2,365
up €2,365 (+55.9%), from €4,227 to €6,592
- Financial income +€2,127
up €2,127 (+729.8%), from €291 to €2,418
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 | €188,557 | €197,243 | +€8,686 | +4.6% |
| Fixed assets | 21/28 | €33,522 | €31,149 | -€2,373 | -7.1% |
| Tangible fixed assets | 22/27 | €33,522 | €31,149 | -€2,373 | -7.1% |
| Plant, machinery and equipment | 23 | €135 | €0 | -€135 | -100.0% |
| Furniture and vehicles | 24 | €6,829 | €4,985 | -€1,844 | -27.0% |
| Other tangible fixed assets | 26 | €26,558 | €26,164 | -€393 | -1.5% |
| Current assets | 29/58 | €155,034 | €166,094 | +€11,059 | +7.1% |
| Amounts receivable within one year | 40/41 | €58,649 | €95,856 | +€37,207 | +63.4% |
| Trade receivables | 40 | €48,618 | €54,069 | +€5,451 | +11.2% |
| Other amounts receivable | 41 | €10,031 | €41,787 | +€31,756 | +316.6% |
| Current investments | 50/53 | €93,376 | €66,657 | -€26,719 | -28.6% |
| Cash at bank and in hand | 54/58 | €1,406 | €158 | -€1,248 | -88.7% |
| Deferred charges and accrued income | 490/1 | €1,603 | €3,423 | +€1,820 | +113.5% |
| Total equity and liabilities | 10/49 | €188,557 | €197,243 | +€8,686 | +4.6% |
| Equity | 10/15 | €148,488 | €183,130 | +€34,642 | +23.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €145,488 | €180,130 | +€34,642 | +23.8% |
| Distributable reserves | 133 | €145,488 | €180,130 | +€34,642 | +23.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €40,068 | €14,113 | -€25,955 | -64.8% |
| Amounts payable within one year | 42/48 | €40,068 | €14,113 | -€25,955 | -64.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €6,190 | €4,602 | -€1,589 | -25.7% |
| Suppliers | 440/4 | €6,190 | €4,602 | -€1,589 | -25.7% |
| Taxes, remuneration and social security | 45 | €33,878 | €9,512 | -€24,367 | -71.9% |
| Taxes | 450/3 | €33,878 | €9,512 | -€24,367 | -71.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,854 | €7,144 | +€1,290 | +22.0% |
| Other operating charges | 640/8 | €998 | €891 | -€107 | -10.7% |
| Gross operating margin | 9900 | €112,824 | €159,602 | +€46,778 | +41.5% |
| Operating profit (loss) | 9901 | €105,972 | €151,567 | +€45,595 | +43.0% |
| Financial income | 75/76B | €291 | €2,418 | +€2,127 | +729.8% |
| Recurring financial income | 75 | €291 | €2,418 | +€2,127 | +729.8% |
| Financial charges | 65/66B | €4,227 | €6,592 | +€2,365 | +55.9% |
| Recurring financial charges | 65 | €4,227 | €6,592 | +€2,365 | +55.9% |
| Profit (loss) for the period before taxes | 9903 | €102,036 | €147,392 | +€45,356 | +44.5% |
| Income taxes | 67/77 | €22,441 | €33,155 | +€10,715 | +47.7% |
| Profit (loss) for the period | 9904 | €79,595 | €114,237 | +€34,642 | +43.5% |
| Profit (loss) for the period to be appropriated | 9905 | €79,595 | €114,237 | +€34,642 | +43.5% |
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 5 October 2026 via checked.be.