FINDES: 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.
What changed
FINDES
NACE 69.109, Other legal services
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.1m
2024 · €957,262+€112,161
Equity
€10.2m
2024 · €9.1m+€1.1m
Cash
€83,784
2024 · €163,299-€79,514
Balance sheet total
€12.3m
2024 · €11.4m+€967,637
Largest movements
Assets
- Current investments +€1.1m
up €1.1m (+140.0%), from €789,095 to €1.9m
Equity and liabilities
- Reserves +€2.1m
up €2.1m (+11418.6%), from €18,745 to €2.2m
of which Distributable reserves: +€2.1m
- Profit (loss) carried forward -€1.1m
no longer reported in 2025 (was €1.1m)
- Other debts -€142,939
down €142,939 (-6.9%), from €2.1m to €1.9m
Income statement
- Financial income +€366,114
up €366,114 (+56.0%), from €653,838 to €1.0m
- Provisions +€241,300
no longer reported in 2025 (was -€241,300)
- Financial charges -€31,977
down €31,977 (-16.8%), from €190,425 to €158,448
of which Financial charges: -€31,977
- Services and other goods +€13,691
up €13,691 (+3.8%), from €361,574 to €375,264
- Turnover +€13,667
up €13,667 (+2.2%), from €614,139 to €627,806
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.
Result 2024
€957,262
Turnover
+€13,667
Other operating income
-€9,947
Services and other goods
-€13,691
Depreciation
-€11,823
Provisions
-€241,300
Other operating charges
-€8
Other operating items
-€22,597
Financial income
+€366,114
Financial charges
+€31,977
Taxes
-€231
Result 2025
€1.1m
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.
From operations
+€1.0m
Investment
-€1.1m
Financing
-€23,834
Cash 2024
€163,299
From operations (derived)
+€1.0m
Net result for the year
+€1.1m
Depreciation
+€48,788
Receivables within one year
-€16,126
Deferred charges and accrued income
-€4,197
Trade debts
+€8,893
Tax, wage and social debts
+€31,872
Other debts
-€142,939
Accrued charges and deferred income
+€24,223
Investment (derived)
-€1.1m
Investment in fixed assets (net)
+€29,430
Current investments
-€1.1m
Financing
-€23,834
Debts after one year
-€24,632
Current portion of long-term debt
+€798
Cash 2025
€83,784
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,372,204 | €12,339,841 | +€967,637 | +8.5% |
| Fixed assets | 21/28 | €10,342,546 | €10,264,328 | -€78,218 | -0.8% |
| Intangible fixed assets | 21 | €5,667 | €4,251 | -€1,416 | -25.0% |
| Tangible fixed assets | 22/27 | €462,264 | €435,777 | -€26,487 | -5.7% |
| Land and buildings | 22 | €326,229 | €329,280 | +€3,051 | +0.9% |
| Plant, machinery and equipment | 23 | €11,143 | €9,104 | -€2,040 | -18.3% |
| Furniture and vehicles | 24 | €124,892 | €97,394 | -€27,498 | -22.0% |
| Financial fixed assets | 28 | €9,874,615 | €9,824,299 | -€50,316 | -0.5% |
| Affiliated companies | 280/1 | €9,874,615 | €9,824,299 | -€50,316 | -0.5% |
| Participating interests | 280 | €9,874,615 | €9,824,299 | -€50,316 | -0.5% |
| Current assets | 29/58 | €1,029,659 | €2,075,514 | +€1.0m | +101.6% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €74,798 | €90,924 | +€16,126 | +21.6% |
| Trade receivables | 40 | €59,890 | €71,435 | +€11,546 | +19.3% |
| Other amounts receivable | 41 | €14,908 | €19,489 | +€4,581 | +30.7% |
| Current investments | 50/53 | €789,095 | €1,894,141 | +€1.1m | +140.0% |
| Other investments | 51/53 | €789,095 | €1,894,141 | +€1.1m | +140.0% |
| Cash at bank and in hand | 54/58 | €163,299 | €83,784 | -€79,514 | -48.7% |
| Deferred charges and accrued income | 490/1 | €2,467 | €6,664 | +€4,197 | +170.2% |
| Total equity and liabilities | 10/49 | €11,372,204 | €12,339,841 | +€967,637 | +8.5% |
| Equity | 10/15 | €9,149,684 | €10,219,106 | +€1.1m | +11.7% |
| Contributions | 10/11 | €8,059,935 | €8,059,935 | = | 0.0% |
| Reserves | 13 | €18,745 | €2,159,171 | +€2.1m | +11418.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €18,745 | €2,159,171 | +€2.1m | +11418.6% |
| Profit (loss) carried forward | 14 | €1,071,004 | - | -€1.1m | |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Pensions and similar obligations | 160 | €0 | - | = | |
| Amounts payable | 17/49 | €2,222,520 | €2,120,735 | -€101,785 | -4.6% |
| Amounts payable after more than one year | 17 | €87,621 | €62,989 | -€24,632 | -28.1% |
| Financial debts | 170/4 | €87,621 | €62,989 | -€24,632 | -28.1% |
| Credit institutions | 173 | €87,621 | €62,989 | -€24,632 | -28.1% |
| Amounts payable within one year | 42/48 | €2,134,899 | €2,033,523 | -€101,376 | -4.7% |
| Current portion of amounts payable after more than one year | 42 | €23,834 | €24,632 | +€798 | +3.3% |
| Trade debts | 44 | €33,442 | €42,336 | +€8,893 | +26.6% |
| Suppliers | 440/4 | €33,442 | €42,336 | +€8,893 | +26.6% |
| Taxes, remuneration and social security | 45 | €12,214 | €44,086 | +€31,872 | +260.9% |
| Taxes | 450/3 | €12,214 | €41,661 | +€29,447 | +241.1% |
| Remuneration and social security | 454/9 | €0 | €2,425 | +€2,425 | |
| Other amounts payable | 47/48 | €2,065,409 | €1,922,469 | -€142,939 | -6.9% |
| Accrued charges and deferred income | 492/3 | - | €24,223 | +€24,223 | |
| Operating income | 70/76A | €654,415 | €635,538 | -€18,877 | -2.9% |
| Turnover | 70 | €614,139 | €627,806 | +€13,667 | +2.2% |
| Other operating income | 74 | €17,679 | €7,732 | -€9,947 | -56.3% |
| Non-recurring operating income | 76A | €22,597 | - | -€22,597 | |
| Operating charges | 60/66A | €160,247 | €427,069 | +€266,822 | +166.5% |
| Services and other goods | 61 | €361,574 | €375,264 | +€13,691 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,965 | €48,788 | +€11,823 | +32.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€241,300 | - | +€241,300 | |
| Other operating charges | 640/8 | €3,009 | €3,017 | +€8 | +0.3% |
| Operating profit (loss) | 9901 | €494,168 | €208,468 | -€285,700 | -57.8% |
| Financial income | 75/76B | €653,838 | €1,019,952 | +€366,114 | +56.0% |
| Recurring financial income | 75 | €653,838 | €1,019,952 | +€366,114 | +56.0% |
| Income from financial fixed assets | 750 | €641,851 | €990,432 | +€348,581 | +54.3% |
| Income from current assets | 751 | €11,835 | €29,378 | +€17,543 | +148.2% |
| Other financial income | 752/9 | €152 | €142 | -€10 | -6.7% |
| Financial charges | 65/66B | €190,425 | €158,448 | -€31,977 | -16.8% |
| Recurring financial charges | 65 | €170,110 | €138,132 | -€31,977 | -18.8% |
| Debt charges | 650 | €166,358 | €135,413 | -€30,945 | -18.6% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €1,363 | - | -€1,363 | |
| Other financial charges | 652/9 | €2,389 | €2,719 | +€330 | +13.8% |
| Non-recurring financial charges | 66B | €20,316 | €20,316 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €957,581 | €1,069,972 | +€112,391 | +11.7% |
| Income taxes | 67/77 | €319 | €550 | +€231 | +72.2% |
| Taxes | 670/3 | €330 | €550 | +€220 | +66.5% |
| Tax adjustments and reversals of tax provisions | 77 | €11 | - | -€11 | |
| Profit (loss) for the period | 9904 | €957,262 | €1,069,422 | +€112,161 | +11.7% |
| Profit (loss) for the period to be appropriated | 9905 | €957,262 | €1,069,422 | +€112,161 | +11.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.