FINCORE: 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.
FINCORE
Largest movements
- Cash -€25,963
down €25,963 (-27.1%), from €95,693 to €69,730
mainly Contributions, distributions and other (-€60,000) and Receivables within one year (-€9,037)
- Receivables within one year +€9,037
up €9,037 (+1726.6%), from €523 to €9,561
of which Other amounts receivable: +€9,000
- Profit (loss) carried forward -€20,508
down €20,508 (-33.2%), from €61,695 to €41,187
- Tax, wage and social debts +€6,165
up €6,165 (+125.9%), from €4,895 to €11,059
of which Taxes: +€3,103
- Trade debts -€2,582
down €2,582 (-28.0%), from €9,217 to €6,635
- Gross operating margin -€22,788
down €22,788 (-20.0%), from €113,894 to €91,106
- Taxes -€6,587
down €6,587 (-31.9%), from €20,664 to €14,078
- Staff costs +€4,705
up €4,705 (+15.2%), from €30,875 to €35,580
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 | €96,266 | €79,341 | -€16,925 | -17.6% |
| Fixed assets | 21/28 | €50 | €50 | = | 0.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €96,216 | €79,291 | -€16,925 | -17.6% |
| Amounts receivable within one year | 40/41 | €523 | €9,561 | +€9,037 | +1726.6% |
| Trade receivables | 40 | €523 | €561 | +€37 | +7.1% |
| Other amounts receivable | 41 | - | €9,000 | +€9,000 | |
| Cash at bank and in hand | 54/58 | €95,693 | €69,730 | -€25,963 | -27.1% |
| Total equity and liabilities | 10/49 | €96,266 | €79,341 | -€16,925 | -17.6% |
| Equity | 10/15 | €82,155 | €61,647 | -€20,508 | -25.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,695 | €41,187 | -€20,508 | -33.2% |
| Amounts payable | 17/49 | €14,112 | €17,694 | +€3,583 | +25.4% |
| Amounts payable within one year | 42/48 | €14,112 | €17,694 | +€3,583 | +25.4% |
| Trade debts | 44 | €9,217 | €6,635 | -€2,582 | -28.0% |
| Suppliers | 440/4 | €9,217 | €6,635 | -€2,582 | -28.0% |
| Taxes, remuneration and social security | 45 | €4,895 | €11,059 | +€6,165 | +125.9% |
| Taxes | 450/3 | €3,995 | €7,098 | +€3,103 | +77.7% |
| Remuneration and social security | 454/9 | €899 | €3,961 | +€3,062 | +340.5% |
| Remuneration, social security and pensions | 62 | €30,875 | €35,580 | +€4,705 | +15.2% |
| Other operating charges | 640/8 | €1,932 | €2,064 | +€132 | +6.8% |
| Gross operating margin | 9900 | €113,894 | €91,106 | -€22,788 | -20.0% |
| Operating profit (loss) | 9901 | €81,087 | €53,462 | -€27,625 | -34.1% |
| Financial income | 75/76B | €442 | €478 | +€36 | +8.2% |
| Recurring financial income | 75 | €442 | €478 | +€36 | +8.2% |
| Financial charges | 65/66B | €112 | €371 | +€259 | +230.5% |
| Recurring financial charges | 65 | €112 | €371 | +€259 | +230.5% |
| Profit (loss) for the period before taxes | 9903 | €81,417 | €53,569 | -€27,847 | -34.2% |
| Income taxes | 67/77 | €20,664 | €14,078 | -€6,587 | -31.9% |
| Profit (loss) for the period | 9904 | €60,752 | €39,492 | -€21,261 | -35.0% |
| Profit (loss) for the period to be appropriated | 9905 | €60,752 | €39,492 | -€21,261 | -35.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.