FinCoPro: 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.
FinCoPro
Largest movements
- Current investments -€300,000
no longer reported in 2025 (was €300,000)
- Receivables within one year -€234,616
down €234,616 (-60.1%), from €390,207 to €155,591
of which Other amounts receivable: -€267,040
- Cash +€35,247
up €35,247 (+8.4%), from €419,018 to €454,264
mainly Current investments (+€300,000) and Net result for the year (+€290,479)
- Reserves -€371,105
down €371,105 (-25.6%), from €1.4m to €1.1m
- Other debts -€152,519
no longer reported in 2025 (was €152,519)
- Tax, wage and social debts +€26,929
up €26,929 (+36.9%), from €72,949 to €99,878
of which Taxes: +€34,315
- Gross operating margin +€153,219
up €153,219 (+55.4%), from €276,379 to €429,598
- Taxes +€52,005
up €52,005 (+58.8%), from €88,490 to €140,494
- Financial income -€16,610
down €16,610 (-48.6%), from €34,157 to €17,547
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 | €1,720,268 | €1,210,531 | -€509,737 | -29.6% |
| Fixed assets | 21/28 | €603,448 | €595,536 | -€7,911 | -1.3% |
| Tangible fixed assets | 22/27 | €252,447 | €244,536 | -€7,911 | -3.1% |
| Land and buildings | 22 | €201,960 | €201,960 | = | 0.0% |
| Plant, machinery and equipment | 23 | €3,800 | €2,979 | -€820 | -21.6% |
| Furniture and vehicles | 24 | €463 | €1,202 | +€739 | +159.7% |
| Other tangible fixed assets | 26 | €46,224 | €38,394 | -€7,830 | -16.9% |
| Financial fixed assets | 28 | €351,001 | €351,001 | = | 0.0% |
| Current assets | 29/58 | €1,116,820 | €614,995 | -€501,825 | -44.9% |
| Amounts receivable within one year | 40/41 | €390,207 | €155,591 | -€234,616 | -60.1% |
| Trade receivables | 40 | €50,788 | €83,212 | +€32,424 | +63.8% |
| Other amounts receivable | 41 | €339,419 | €72,379 | -€267,040 | -78.7% |
| Current investments | 50/53 | €300,000 | - | -€300,000 | |
| Cash at bank and in hand | 54/58 | €419,018 | €454,264 | +€35,247 | +8.4% |
| Deferred charges and accrued income | 490/1 | €7,595 | €5,139 | -€2,456 | -32.3% |
| Total equity and liabilities | 10/49 | €1,720,268 | €1,210,531 | -€509,737 | -29.6% |
| Equity | 10/15 | €1,460,502 | €1,089,397 | -€371,105 | -25.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,448,102 | €1,076,997 | -€371,105 | -25.6% |
| Distributable reserves | 133 | €1,448,102 | €1,076,997 | -€371,105 | -25.6% |
| Amounts payable | 17/49 | €259,765 | €121,134 | -€138,631 | -53.4% |
| Amounts payable after more than one year | 17 | €15,262 | - | -€15,262 | |
| Financial debts | 170/4 | €15,262 | - | -€15,262 | |
| Amounts payable within one year | 42/48 | €241,812 | €119,735 | -€122,076 | -50.5% |
| Current portion of amounts payable after more than one year | 42 | €15,130 | €15,262 | +€132 | +0.9% |
| Trade debts | 44 | €1,214 | €4,595 | +€3,381 | +278.4% |
| Suppliers | 440/4 | €1,214 | €4,595 | +€3,381 | +278.4% |
| Taxes, remuneration and social security | 45 | €72,949 | €99,878 | +€26,929 | +36.9% |
| Taxes | 450/3 | €65,562 | €99,878 | +€34,315 | +52.3% |
| Remuneration and social security | 454/9 | €7,386 | - | -€7,386 | |
| Other amounts payable | 47/48 | €152,519 | - | -€152,519 | |
| Accrued charges and deferred income | 492/3 | €2,691 | €1,399 | -€1,292 | -48.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,370 | €9,715 | -€1,654 | -14.6% |
| Other operating charges | 640/8 | €2,908 | €4,027 | +€1,118 | +38.5% |
| Non-recurring operating charges | 66A | €12,500 | - | -€12,500 | |
| Gross operating margin | 9900 | €276,379 | €429,598 | +€153,219 | +55.4% |
| Operating profit (loss) | 9901 | €249,600 | €415,856 | +€166,255 | +66.6% |
| Financial income | 75/76B | €34,157 | €17,547 | -€16,610 | -48.6% |
| Recurring financial income | 75 | €34,157 | €17,547 | -€16,610 | -48.6% |
| Financial charges | 65/66B | €3,073 | €2,430 | -€643 | -20.9% |
| Recurring financial charges | 65 | €3,073 | €2,430 | -€643 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | €280,685 | €430,973 | +€150,288 | +53.5% |
| Income taxes | 67/77 | €88,490 | €140,494 | +€52,005 | +58.8% |
| Profit (loss) for the period | 9904 | €192,196 | €290,479 | +€98,283 | +51.1% |
| Profit (loss) for the period to be appropriated | 9905 | €192,196 | €290,479 | +€98,283 | +51.1% |
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 4 October 2026 via checked.be.