FINDAMES: what changed
Two fiscal 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.
FINDAMES
Largest movements
- Financial fixed assets +€114,881
new in 2025: €114,881
- Cash -€33,689
down €33,689 (-27.9%), from €120,931 to €87,242
mainly Investment in fixed assets (net) (-€114,881) and Contributions, distributions and other (-€91,900)
- Receivables within one year -€8,096
down €8,096 (-85.4%), from €9,477 to €1,381
- Tangible fixed assets -€3,841
down €3,841 (-42.4%), from €9,050 to €5,209
- Other debts +€81,400
up €81,400 (+775.2%), from €10,500 to €91,900
- Tax, wage and social debts -€11,993
down €11,993 (-55.5%), from €21,617 to €9,624
- Gross operating margin +€31,942
up €31,942 (+32.5%), from €98,151 to €130,094
- Depreciation +€2,000
up €2,000 (+108.6%), from €1,841 to €3,841
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 | €140,393 | €209,779 | +€69,386 | +49.4% |
| Fixed assets | 21/28 | €9,050 | €120,090 | +€111,040 | +1226.9% |
| Tangible fixed assets | 22/27 | €9,050 | €5,209 | -€3,841 | -42.4% |
| Furniture and vehicles | 24 | €9,050 | €5,209 | -€3,841 | -42.4% |
| Financial fixed assets | 28 | - | €114,881 | +€114,881 | |
| Current assets | 29/58 | €131,343 | €89,689 | -€41,654 | -31.7% |
| Amounts receivable within one year | 40/41 | €9,477 | €1,381 | -€8,096 | -85.4% |
| Other amounts receivable | 41 | €9,477 | €1,381 | -€8,096 | -85.4% |
| Cash at bank and in hand | 54/58 | €120,931 | €87,242 | -€33,689 | -27.9% |
| Deferred charges and accrued income | 490/1 | €935 | €1,066 | +€131 | +14.0% |
| Total equity and liabilities | 10/49 | €140,393 | €209,779 | +€69,386 | +49.4% |
| Equity | 10/15 | €107,987 | €107,986 | -€2 | 0.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €106,980 | €106,980 | = | 0.0% |
| Distributable reserves | 133 | €106,980 | €106,980 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7 | €6 | -€2 | -22.4% |
| Amounts payable | 17/49 | €32,406 | €101,793 | +€69,388 | +214.1% |
| Amounts payable within one year | 42/48 | €32,213 | €101,594 | +€69,380 | +215.4% |
| Trade debts | 44 | €97 | €69 | -€27 | -28.2% |
| Suppliers | 440/4 | €97 | €69 | -€27 | -28.2% |
| Taxes, remuneration and social security | 45 | €21,617 | €9,624 | -€11,993 | -55.5% |
| Taxes | 450/3 | €21,617 | €9,624 | -€11,993 | -55.5% |
| Other amounts payable | 47/48 | €10,500 | €91,900 | +€81,400 | +775.2% |
| Accrued charges and deferred income | 492/3 | €192 | €200 | +€8 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,841 | €3,841 | +€2,000 | +108.6% |
| Other operating charges | 640/8 | €1,298 | €1,551 | +€253 | +19.5% |
| Gross operating margin | 9900 | €98,151 | €130,094 | +€31,942 | +32.5% |
| Operating profit (loss) | 9901 | €95,013 | €124,701 | +€29,689 | +31.2% |
| Financial charges | 65/66B | €104 | €338 | +€234 | +224.1% |
| Recurring financial charges | 65 | €104 | €338 | +€234 | +224.1% |
| Profit (loss) for the period before taxes | 9903 | €94,908 | €124,363 | +€29,455 | +31.0% |
| Income taxes | 67/77 | €32,603 | €32,465 | -€138 | -0.4% |
| Profit (loss) for the period | 9904 | €62,305 | €91,898 | +€29,593 | +47.5% |
| Profit (loss) for the period to be appropriated | 9905 | €62,305 | €91,898 | +€29,593 | +47.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.