FinCraft: 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.
FinCraft
Largest movements
- Receivables within one year +€186,017
up €186,017 (+51.8%), from €359,264 to €545,281
of which Trade receivables: +€160,990
- Tangible fixed assets +€29,134
up €29,134 (+12.7%), from €229,910 to €259,044
of which Other tangible fixed assets: +€48,753
- Deferred charges and accrued income +€27,416
up €27,416 (+186.7%), from €14,687 to €42,103
- Intangible fixed assets +€10,154
up €10,154 (+1256.0%), from €808 to €10,962
- Cash -€9,871
down €9,871 (-14.9%), from €66,071 to €56,200
mainly Other debts (-€223,143) and Receivables within one year (-€186,017)
- Trade debts +€375,125
up €375,125 (+288.4%), from €130,074 to €505,198
- Other debts -€223,143
down €223,143 (-95.6%), from €233,506 to €10,364
- Reserves +€93,021
up €93,021 (+162.6%), from €57,205 to €150,226
- Gross operating margin -€81,299
down €81,299 (-19.4%), from €418,969 to €337,670
- Staff costs +€25,086
up €25,086 (+23.0%), from €109,090 to €134,176
- Taxes +€24,459
up €24,459 (+186.8%), from €13,093 to €37,552
- Other operating charges +€19,102
up €19,102 (+602.8%), from €3,169 to €22,271
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 | €679,310 | €913,589 | +€234,279 | +34.5% |
| Fixed assets | 21/28 | €239,289 | €270,006 | +€30,717 | +12.8% |
| Intangible fixed assets | 21 | €808 | €10,962 | +€10,154 | +1256.0% |
| Tangible fixed assets | 22/27 | €229,910 | €259,044 | +€29,134 | +12.7% |
| Land and buildings | 22 | €156,103 | €146,343 | -€9,760 | -6.3% |
| Furniture and vehicles | 24 | €20,349 | €10,489 | -€9,860 | -48.5% |
| Other tangible fixed assets | 26 | €53,459 | €102,212 | +€48,753 | +91.2% |
| Financial fixed assets | 28 | €8,570 | €0 | -€8,570 | -100.0% |
| Current assets | 29/58 | €440,022 | €643,584 | +€203,562 | +46.3% |
| Amounts receivable within one year | 40/41 | €359,264 | €545,281 | +€186,017 | +51.8% |
| Trade receivables | 40 | €358,365 | €519,355 | +€160,990 | +44.9% |
| Other amounts receivable | 41 | €899 | €25,925 | +€25,027 | +2785.1% |
| Cash at bank and in hand | 54/58 | €66,071 | €56,200 | -€9,871 | -14.9% |
| Deferred charges and accrued income | 490/1 | €14,687 | €42,103 | +€27,416 | +186.7% |
| Total equity and liabilities | 10/49 | €679,310 | €913,589 | +€234,279 | +34.5% |
| Equity | 10/15 | €75,755 | €168,776 | +€93,021 | +122.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €57,205 | €150,226 | +€93,021 | +162.6% |
| Distributable reserves | 133 | €57,205 | €150,226 | +€93,021 | +162.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €603,555 | €744,813 | +€141,258 | +23.4% |
| Amounts payable after more than one year | 17 | €159,561 | €151,800 | -€7,762 | -4.9% |
| Financial debts | 170/4 | €159,561 | €151,800 | -€7,762 | -4.9% |
| Amounts payable within one year | 42/48 | €443,994 | €593,014 | +€149,020 | +33.6% |
| Current portion of amounts payable after more than one year | 42 | €23,948 | €20,929 | -€3,019 | -12.6% |
| Financial debts | 43 | €92 | €693 | +€602 | +655.2% |
| Credit institutions | 430/8 | €92 | €693 | +€602 | +655.2% |
| Trade debts | 44 | €130,074 | €505,198 | +€375,125 | +288.4% |
| Suppliers | 440/4 | €130,074 | €505,198 | +€375,125 | +288.4% |
| Taxes, remuneration and social security | 45 | €56,374 | €55,829 | -€545 | -1.0% |
| Taxes | 450/3 | €35,427 | €29,522 | -€5,905 | -16.7% |
| Remuneration and social security | 454/9 | €20,946 | €26,307 | +€5,361 | +25.6% |
| Other amounts payable | 47/48 | €233,506 | €10,364 | -€223,143 | -95.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €109,090 | €134,176 | +€25,086 | +23.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,650 | €26,479 | +€2,830 | +12.0% |
| Other operating charges | 640/8 | €3,169 | €22,271 | +€19,102 | +602.8% |
| Non-recurring operating charges | 66A | €16,001 | €6,623 | -€9,378 | -58.6% |
| Gross operating margin | 9900 | €418,969 | €337,670 | -€81,299 | -19.4% |
| Operating profit (loss) | 9901 | €267,059 | €148,121 | -€118,939 | -44.5% |
| Financial income | 75/76B | €1,291 | €340 | -€951 | -73.7% |
| Recurring financial income | 75 | €1,291 | €340 | -€951 | -73.7% |
| Financial charges | 65/66B | €6,642 | €8,888 | +€2,245 | +33.8% |
| Recurring financial charges | 65 | €6,642 | €8,888 | +€2,245 | +33.8% |
| Profit (loss) for the period before taxes | 9903 | €261,708 | €139,573 | -€122,135 | -46.7% |
| Income taxes | 67/77 | €13,093 | €37,552 | +€24,459 | +186.8% |
| Profit (loss) for the period | 9904 | €248,615 | €102,021 | -€146,594 | -59.0% |
| Profit (loss) for the period to be appropriated | 9905 | €248,615 | €102,021 | -€146,594 | -59.0% |
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.