FINCOR: 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.
FINCOR
Largest movements
- Cash +€13,072
up €13,072 (+24.2%), from €54,012 to €67,084
mainly Net result for the year (+€11,897) and Depreciation (+€11,122)
- Tangible fixed assets -€9,466
down €9,466 (-29.9%), from €31,677 to €22,210
- Receivables within one year -€3,150
down €3,150 (-32.3%), from €9,759 to €6,608
of which Other amounts receivable: -€3,969
- Debts after one year -€11,351
down €11,351 (-53.9%), from €21,051 to €9,701
- Other debts +€10,000
new in 2025: €10,000
- Short-term financial debts -€2,522
down €2,522 (-100.0%), from €2,522 to €0
of which Other loans: -€2,522
- Profit (loss) carried forward +€1,897
up €1,897 (+427.4%), from €444 to €2,340
- Gross operating margin +€19,250
up €19,250 (+254.6%), from €7,562 to €26,812
- Taxes +€1,915
up €1,915 (+1269.2%), from €151 to €2,066
- Financial charges -€320
down €320 (-28.0%), from €1,144 to €824
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 | €98,412 | €97,890 | -€522 | -0.5% |
| Fixed assets | 21/28 | €31,677 | €22,210 | -€9,466 | -29.9% |
| Tangible fixed assets | 22/27 | €31,677 | €22,210 | -€9,466 | -29.9% |
| Furniture and vehicles | 24 | €31,677 | €22,210 | -€9,466 | -29.9% |
| Current assets | 29/58 | €66,735 | €75,680 | +€8,945 | +13.4% |
| Amounts receivable within one year | 40/41 | €9,759 | €6,608 | -€3,150 | -32.3% |
| Trade receivables | 40 | €4,756 | €5,575 | +€818 | +17.2% |
| Other amounts receivable | 41 | €5,002 | €1,034 | -€3,969 | -79.3% |
| Cash at bank and in hand | 54/58 | €54,012 | €67,084 | +€13,072 | +24.2% |
| Deferred charges and accrued income | 490/1 | €2,964 | €1,988 | -€977 | -33.0% |
| Total equity and liabilities | 10/49 | €98,412 | €97,890 | -€522 | -0.5% |
| Equity | 10/15 | €60,444 | €62,340 | +€1,897 | +3.1% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €444 | €2,340 | +€1,897 | +427.4% |
| Amounts payable | 17/49 | €37,968 | €35,550 | -€2,418 | -6.4% |
| Amounts payable after more than one year | 17 | €21,051 | €9,701 | -€11,351 | -53.9% |
| Financial debts | 170/4 | €21,051 | €9,701 | -€11,351 | -53.9% |
| Amounts payable within one year | 42/48 | €15,732 | €24,368 | +€8,636 | +54.9% |
| Current portion of amounts payable after more than one year | 42 | €11,042 | €11,351 | +€308 | +2.8% |
| Financial debts | 43 | €2,522 | €0 | -€2,522 | -100.0% |
| Credit institutions | 430/8 | - | €0 | = | |
| Other loans | 439 | €2,522 | - | -€2,522 | |
| Trade debts | 44 | €233 | €902 | +€669 | +287.5% |
| Suppliers | 440/4 | €233 | €902 | +€669 | +287.5% |
| Taxes, remuneration and social security | 45 | €1,935 | €2,115 | +€180 | +9.3% |
| Taxes | 450/3 | €1,935 | €2,115 | +€180 | +9.3% |
| Other amounts payable | 47/48 | - | €10,000 | +€10,000 | |
| Accrued charges and deferred income | 492/3 | €1,185 | €1,482 | +€296 | +25.0% |
| Non-recurring operating income | 76A | €2,000 | €0 | -€2,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,096 | €11,122 | +€26 | +0.2% |
| Other operating charges | 640/8 | €763 | €782 | +€18 | +2.4% |
| Non-recurring operating charges | 66A | - | €122 | +€122 | |
| Gross operating margin | 9900 | €7,562 | €26,812 | +€19,250 | +254.6% |
| Operating profit (loss) | 9901 | -€4,297 | €14,787 | +€19,084 | |
| Financial charges | 65/66B | €1,144 | €824 | -€320 | -28.0% |
| Recurring financial charges | 65 | €1,144 | €824 | -€320 | -28.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,441 | €13,963 | +€19,403 | |
| Income taxes | 67/77 | €151 | €2,066 | +€1,915 | +1269.2% |
| Profit (loss) for the period | 9904 | -€5,591 | €11,897 | +€17,488 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,591 | €11,897 | +€17,488 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.