Fincro: 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.
Fincro
Largest movements
- Financial fixed assets +€98,000
up €98,000 (+55.3%), from €177,179 to €275,179
- Cash -€38,166
down €38,166 (-22.2%), from €171,753 to €133,587
mainly Investment in fixed assets (net) (-€98,000) and Receivables within one year (-€20,054)
- Receivables within one year +€20,054
up €20,054 (+9.3%), from €216,565 to €236,619
- Reserves +€84,000
up €84,000 (+138%), from €61,056 to €145,056
of which Distributable reserves: +€84,000
- Financial income +€98,573
up €98,573 (+798%), from €12,350 to €110,923
of which Non-recurring financial income: +€98,000
- Write-downs -€84,677
down €84,677, from €8,719 to -€75,958
- Other operating charges +€76,555
up €76,555 (+3,510%), from €2,181 to €78,736
- Gross operating margin -€6,085
down €6,085 (-58.8%), from -€10,351 to -€16,435
- Taxes +€5,924
up €5,924 (+615%), from €963 to €6,888
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.
Derived cash bridge
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 | €642,592 | €722,480 | +€79,888 | +12.4% |
| Fixed assets | 21/28 | €177,179 | €275,179 | +€98,000 | +55.3% |
| Financial fixed assets | 28 | €177,179 | €275,179 | +€98,000 | +55.3% |
| Current assets | 29/58 | €465,413 | €447,301 | -€18,112 | -3.9% |
| Amounts receivable after more than one year | 29 | €77,095 | €77,095 | = | 0.0% |
| Other amounts receivable | 291 | €77,095 | €77,095 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €216,565 | €236,619 | +€20,054 | +9.3% |
| Other amounts receivable | 41 | €216,565 | €236,619 | +€20,054 | +9.3% |
| Cash at bank and in hand | 54/58 | €171,753 | €133,587 | -€38,166 | -22.2% |
| Total equity and liabilities | 10/49 | €642,592 | €722,480 | +€79,888 | +12.4% |
| Equity | 10/15 | €616,600 | €701,347 | +€84,747 | +13.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €61,056 | €145,056 | +€84,000 | +138% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,462 | €2,462 | = | 0.0% |
| Distributable reserves | 133 | €56,735 | €140,735 | +€84,000 | +148% |
| Profit (loss) carried forward | 14 | €536,952 | €537,699 | +€747 | +0.1% |
| Amounts payable | 17/49 | €25,992 | €21,133 | -€4,859 | -18.7% |
| Amounts payable within one year | 42/48 | €20,992 | €16,133 | -€4,859 | -23.1% |
| Trade debts | 44 | €6,865 | €7,444 | +€578 | +8.4% |
| Suppliers | 440/4 | €6,865 | €7,444 | +€578 | +8.4% |
| Taxes, remuneration and social security | 45 | €14,126 | €8,689 | -€5,437 | -38.5% |
| Taxes | 450/3 | €14,126 | €8,689 | -€5,437 | -38.5% |
| Accrued charges and deferred income | 492/3 | €5,000 | €5,000 | = | 0.0% |
| Non-recurring operating income | 76A | €1,240 | - | -€1,240 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,719 | -€75,958 | -€84,677 | |
| Other operating charges | 640/8 | €2,181 | €78,736 | +€76,555 | +3,510% |
| Non-recurring operating charges | 66A | €5,000 | - | -€5,000 | |
| Gross operating margin | 9900 | -€10,351 | -€16,435 | -€6,085 | -58.8% |
| Operating profit (loss) | 9901 | -€26,251 | -€19,214 | +€7,037 | +26.8% |
| Financial income | 75/76B | €12,350 | €110,923 | +€98,573 | +798% |
| Recurring financial income | 75 | €12,350 | €12,923 | +€573 | +4.6% |
| Non-recurring financial income | 76B | - | €98,000 | +€98,000 | |
| Financial charges | 65/66B | €636 | €75 | -€561 | -88.2% |
| Recurring financial charges | 65 | €636 | €75 | -€561 | -88.2% |
| Profit (loss) for the period before taxes | 9903 | -€14,537 | €91,634 | +€106,171 | |
| Income taxes | 67/77 | €963 | €6,888 | +€5,924 | +615% |
| Profit (loss) for the period | 9904 | -€15,500 | €84,747 | +€100,247 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,500 | €84,747 | +€100,247 |
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 1 November 2026 via checked.be.