Fincor Services: 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 Services
Largest movements
- Receivables within one year +€148,659
up €148,659 (+786.4%), from €18,903 to €167,562
of which Trade receivables: +€150,000
- Cash +€147,315
up €147,315 (+1217.2%), from €12,103 to €159,418
mainly Net result for the year (+€171,053) and Current investments (+€105,000)
- Current investments -€105,000
down €105,000 (-100.0%), from €105,000 to €0
- Reserves +€171,053
up €171,053 (+147.9%), from €115,617 to €286,670
- Tax, wage and social debts +€19,116
up €19,116 (+145.6%), from €13,126 to €32,242
of which Taxes: +€19,116
- Gross operating margin +€161,785
up €161,785 (+186.5%), from €86,767 to €248,551
- Taxes +€47,226
up €47,226 (+171.6%), from €27,516 to €74,742
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 | €147,831 | €337,918 | +€190,087 | +128.6% |
| Fixed assets | 21/28 | €11,509 | €10,559 | -€950 | -8.3% |
| Tangible fixed assets | 22/27 | €4,009 | €3,059 | -€950 | -23.7% |
| Plant, machinery and equipment | 23 | €1,934 | €1,286 | -€648 | -33.5% |
| Furniture and vehicles | 24 | €2,075 | €1,773 | -€302 | -14.5% |
| Financial fixed assets | 28 | €7,500 | €7,500 | = | 0.0% |
| Current assets | 29/58 | €136,322 | €327,359 | +€191,037 | +140.1% |
| Amounts receivable within one year | 40/41 | €18,903 | €167,562 | +€148,659 | +786.4% |
| Trade receivables | 40 | - | €150,000 | +€150,000 | |
| Other amounts receivable | 41 | €18,903 | €17,562 | -€1,341 | -7.1% |
| Current investments | 50/53 | €105,000 | €0 | -€105,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €12,103 | €159,418 | +€147,315 | +1217.2% |
| Deferred charges and accrued income | 490/1 | €317 | €379 | +€63 | +19.8% |
| Total equity and liabilities | 10/49 | €147,831 | €337,918 | +€190,087 | +128.6% |
| Equity | 10/15 | €134,167 | €305,220 | +€171,053 | +127.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €115,617 | €286,670 | +€171,053 | +147.9% |
| Distributable reserves | 133 | €115,617 | €286,670 | +€171,053 | +147.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €13,664 | €32,698 | +€19,034 | +139.3% |
| Amounts payable within one year | 42/48 | €13,664 | €32,698 | +€19,034 | +139.3% |
| Trade debts | 44 | €538 | €456 | -€82 | -15.3% |
| Suppliers | 440/4 | €538 | €456 | -€82 | -15.3% |
| Taxes, remuneration and social security | 45 | €13,126 | €32,242 | +€19,116 | +145.6% |
| Taxes | 450/3 | €10,626 | €29,742 | +€19,116 | +179.9% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Non-recurring operating income | 76A | €901 | €0 | -€901 | -100.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,460 | €1,589 | +€129 | +8.8% |
| Other operating charges | 640/8 | €655 | €698 | +€42 | +6.4% |
| Gross operating margin | 9900 | €86,767 | €248,551 | +€161,785 | +186.5% |
| Operating profit (loss) | 9901 | €84,651 | €246,265 | +€161,614 | +190.9% |
| Financial income | 75/76B | €1,513 | €1,725 | +€212 | +14.0% |
| Recurring financial income | 75 | €1,513 | €1,725 | +€212 | +14.0% |
| Financial charges | 65/66B | €2,797 | €2,195 | -€603 | -21.5% |
| Recurring financial charges | 65 | €2,797 | €2,195 | -€603 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | €83,367 | €245,795 | +€162,428 | +194.8% |
| Income taxes | 67/77 | €27,516 | €74,742 | +€47,226 | +171.6% |
| Profit (loss) for the period | 9904 | €55,851 | €171,053 | +€115,202 | +206.3% |
| Profit (loss) for the period to be appropriated | 9905 | €55,851 | €171,053 | +€115,202 | +206.3% |
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 10 October 2026 via checked.be.