FINCIS: 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.
FINCIS
Largest movements
- Receivables within one year +€11,380
up €11,380 (+4.8%), from €236,058 to €247,438
- Profit (loss) carried forward +€13,489
up €13,489 (+1.6%), from -€868,098 to -€854,609
- Gross operating margin -€4,241
down €4,241 (-20.8%), from €20,396 to €16,155
- Financial charges +€2,763
up €2,763 (+58.0%), from €4,763 to €7,526
- Other operating charges -€454
down €454 (-39.5%), from €1,149 to €695
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 | €762,768 | €776,358 | +€13,591 | +1.8% |
| Fixed assets | 21/28 | €209,670 | €209,670 | = | 0.0% |
| Financial fixed assets | 28 | €209,670 | €209,670 | = | 0.0% |
| Current assets | 29/58 | €553,098 | €566,688 | +€13,591 | +2.5% |
| Amounts receivable after more than one year | 29 | €315,073 | €318,223 | +€3,151 | +1.0% |
| Other amounts receivable | 291 | €315,073 | €318,223 | +€3,151 | +1.0% |
| Amounts receivable within one year | 40/41 | €236,058 | €247,438 | +€11,380 | +4.8% |
| Other amounts receivable | 41 | €236,058 | €247,438 | +€11,380 | +4.8% |
| Cash at bank and in hand | 54/58 | €1,967 | €1,027 | -€940 | -47.8% |
| Total equity and liabilities | 10/49 | €762,768 | €776,358 | +€13,591 | +1.8% |
| Equity | 10/15 | -€406,098 | -€392,609 | +€13,489 | +3.3% |
| Contributions | 10/11 | €420,000 | €420,000 | = | 0.0% |
| Capital | 10 | €420,000 | €420,000 | = | 0.0% |
| Issued capital | 100 | €420,000 | €420,000 | = | 0.0% |
| Reserves | 13 | €42,000 | €42,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €42,000 | €42,000 | = | 0.0% |
| Legal reserve | 130 | €42,000 | €42,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€868,098 | -€854,609 | +€13,489 | +1.6% |
| Amounts payable | 17/49 | €1,168,866 | €1,168,967 | +€101 | 0.0% |
| Amounts payable after more than one year | 17 | €883,188 | €885,343 | +€2,155 | +0.2% |
| Other amounts payable | 178/9 | €883,188 | €885,343 | +€2,155 | +0.2% |
| Amounts payable within one year | 42/48 | €285,678 | €283,624 | -€2,054 | -0.7% |
| Other amounts payable | 47/48 | €285,678 | €283,624 | -€2,054 | -0.7% |
| Other operating charges | 640/8 | €1,149 | €695 | -€454 | -39.5% |
| Non-recurring operating charges | 66A | €89,970 | - | -€89,970 | |
| Gross operating margin | 9900 | €20,396 | €16,155 | -€4,241 | -20.8% |
| Operating profit (loss) | 9901 | -€70,723 | €15,460 | +€86,182 | |
| Financial income | 75/76B | €5,449 | €5,556 | +€107 | +2.0% |
| Recurring financial income | 75 | €5,449 | €5,556 | +€107 | +2.0% |
| Financial charges | 65/66B | €4,763 | €7,526 | +€2,763 | +58.0% |
| Recurring financial charges | 65 | €4,763 | €7,526 | +€2,763 | +58.0% |
| Profit (loss) for the period before taxes | 9903 | -€70,037 | €13,489 | +€83,526 | |
| Profit (loss) for the period | 9904 | -€70,037 | €13,489 | +€83,526 | |
| Profit (loss) for the period to be appropriated | 9905 | -€70,037 | €13,489 | +€83,526 |
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 27 October 2026 via checked.be.