FINCH GROUP: 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.
FINCH GROUP
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts -€362,248
down €362,248 (-28.8%), from €1.3m to €894,206
- Profit (loss) carried forward +€290,295
up €290,295 (+171%), from €169,646 to €459,941
- Debts after one year -€193,350
down €193,350 (-10.8%), from €1.8m to €1.6m
of which Financial debts: -€192,000
- Reserves +€168,400
up €168,400 (+500%), from €33,680 to €202,080
- Tax, wage and social debts +€44,934
up €44,934 (+190%), from €23,700 to €68,633
of which Taxes: +€38,223
- Gross operating margin +€286,363
up €286,363 (+77.4%), from €370,024 to €656,387
- Taxes +€78,524
up €78,524 (+152%), from €51,698 to €130,223
- Financial income +€25,325
up €25,325 (+45.9%), from €55,227 to €80,552
- Financial charges -€24,365
down €24,365 (-27.1%), from €89,753 to €65,389
of which Financial charges: -€28,102
- Staff costs +€12,319
up €12,319 (+20.8%), from €59,146 to €71,465
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 | €3,479,767 | €3,431,489 | -€48,277 | -1.4% |
| Fixed assets | 21/28 | €3,385,017 | €3,386,351 | +€1,334 | 0.0% |
| Tangible fixed assets | 22/27 | €26,036 | €14,370 | -€11,666 | -44.8% |
| Plant, machinery and equipment | 23 | - | €5,095 | +€5,095 | |
| Furniture and vehicles | 24 | €26,036 | €9,275 | -€16,761 | -64.4% |
| Financial fixed assets | 28 | €3,358,981 | €3,371,981 | +€13,000 | +0.4% |
| Current assets | 29/58 | €94,750 | €45,139 | -€49,611 | -52.4% |
| Amounts receivable within one year | 40/41 | €27,625 | €350 | -€27,275 | -98.7% |
| Trade receivables | 40 | €27,625 | €350 | -€27,275 | -98.7% |
| Cash at bank and in hand | 54/58 | €66,860 | €43,225 | -€23,636 | -35.4% |
| Deferred charges and accrued income | 490/1 | €264 | €1,564 | +€1,300 | +492% |
| Total equity and liabilities | 10/49 | €3,479,767 | €3,431,489 | -€48,277 | -1.4% |
| Equity | 10/15 | €223,326 | €682,021 | +€458,695 | +205% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €33,680 | €202,080 | +€168,400 | +500% |
| Tax-exempt reserves | 132 | €33,680 | €202,080 | +€168,400 | +500% |
| Profit (loss) carried forward | 14 | €169,646 | €459,941 | +€290,295 | +171% |
| Amounts payable | 17/49 | €3,256,441 | €2,749,468 | -€506,972 | -15.6% |
| Amounts payable after more than one year | 17 | €1,783,130 | €1,589,780 | -€193,350 | -10.8% |
| Financial debts | 170/4 | €1,500,000 | €1,308,000 | -€192,000 | -12.8% |
| Other amounts payable | 178/9 | €283,130 | €281,780 | -€1,350 | -0.5% |
| Amounts payable within one year | 42/48 | €1,473,311 | €1,159,689 | -€313,622 | -21.3% |
| Current portion of amounts payable after more than one year | 42 | €192,000 | €192,000 | = | 0.0% |
| Trade debts | 44 | €1,158 | €4,849 | +€3,691 | +319% |
| Suppliers | 440/4 | €1,158 | €4,849 | +€3,691 | +319% |
| Taxes, remuneration and social security | 45 | €23,700 | €68,633 | +€44,934 | +190% |
| Taxes | 450/3 | €17,698 | €55,921 | +€38,223 | +216% |
| Remuneration and social security | 454/9 | €6,001 | €12,712 | +€6,711 | +112% |
| Other amounts payable | 47/48 | €1,256,454 | €894,206 | -€362,248 | -28.8% |
| Remuneration, social security and pensions | 62 | €59,146 | €71,465 | +€12,319 | +20.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,483 | €8,820 | -€8,663 | -49.6% |
| Other operating charges | 640/8 | €3,844 | €2,347 | -€1,497 | -38.9% |
| Gross operating margin | 9900 | €370,024 | €656,387 | +€286,363 | +77.4% |
| Operating profit (loss) | 9901 | €289,550 | €573,755 | +€284,204 | +98.2% |
| Financial income | 75/76B | €55,227 | €80,552 | +€25,325 | +45.9% |
| Recurring financial income | 75 | €55,227 | €80,552 | +€25,325 | +45.9% |
| Financial charges | 65/66B | €89,753 | €65,389 | -€24,365 | -27.1% |
| Recurring financial charges | 65 | €89,753 | €61,652 | -€28,102 | -31.3% |
| Non-recurring financial charges | 66B | - | €3,737 | +€3,737 | |
| Profit (loss) for the period before taxes | 9903 | €255,024 | €588,918 | +€333,894 | +131% |
| Income taxes | 67/77 | €51,698 | €130,223 | +€78,524 | +152% |
| Profit (loss) for the period | 9904 | €203,326 | €458,695 | +€255,369 | +126% |
| Transfer to tax-exempt reserves | 689 | €33,680 | €168,400 | +€134,720 | +400% |
| Profit (loss) for the period to be appropriated | 9905 | €169,646 | €290,295 | +€120,649 | +71.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.