FINDI: 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.
FINDI
Largest movements
- Tangible fixed assets -€33,595
down €33,595 (-1.9%), from €1.8m to €1.8m
of which Land and buildings: -€33,380
- Cash -€19,796
down €19,796 (-40.0%), from €49,441 to €29,645
mainly Receivables within one year (-€17,538) and Other debts (-€17,085)
No liability line moved by more than 1% of the balance sheet total.
- Staff costs -€247,116
down €247,116 (-95.8%), from €258,063 to €10,948
- Gross operating margin -€180,165
down €180,165 (-62.3%), from €289,091 to €108,925
- Financial charges -€18,926
down €18,926 (-29.5%), from €64,168 to €45,242
- Financial income +€4,394
up €4,394 (+2077.6%), from €211 to €4,606
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 | €1,923,141 | €1,886,632 | -€36,509 | -1.9% |
| Fixed assets | 21/28 | €1,784,325 | €1,750,730 | -€33,595 | -1.9% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €1,784,325 | €1,750,730 | -€33,595 | -1.9% |
| Land and buildings | 22 | €1,783,875 | €1,750,495 | -€33,380 | -1.9% |
| Furniture and vehicles | 24 | €450 | €236 | -€215 | -47.7% |
| Current assets | 29/58 | €138,816 | €135,901 | -€2,914 | -2.1% |
| Amounts receivable within one year | 40/41 | €85,400 | €102,938 | +€17,538 | +20.5% |
| Trade receivables | 40 | €53,093 | €50,467 | -€2,627 | -4.9% |
| Other amounts receivable | 41 | €32,307 | €52,471 | +€20,164 | +62.4% |
| Cash at bank and in hand | 54/58 | €49,441 | €29,645 | -€19,796 | -40.0% |
| Deferred charges and accrued income | 490/1 | €3,975 | €3,319 | -€656 | -16.5% |
| Total equity and liabilities | 10/49 | €1,923,141 | €1,886,632 | -€36,509 | -1.9% |
| Equity | 10/15 | €329,249 | €334,129 | +€4,880 | +1.5% |
| Contributions | 10/11 | €2,192,000 | €2,192,000 | = | 0.0% |
| Capital | 10 | €2,192,000 | €2,192,000 | = | 0.0% |
| Issued capital | 100 | €2,192,000 | €2,192,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,862,751 | -€1,857,871 | +€4,880 | +0.3% |
| Amounts payable | 17/49 | €1,593,892 | €1,552,503 | -€41,389 | -2.6% |
| Amounts payable within one year | 42/48 | €1,587,807 | €1,552,247 | -€35,560 | -2.2% |
| Current portion of amounts payable after more than one year | 42 | €1,292,073 | €1,293,780 | +€1,708 | +0.1% |
| Financial debts | 43 | €206,278 | €206,278 | = | 0.0% |
| Other loans | 439 | €206,278 | €206,278 | = | 0.0% |
| Trade debts | 44 | €22,247 | €11,062 | -€11,185 | -50.3% |
| Suppliers | 440/4 | €22,247 | €11,062 | -€11,185 | -50.3% |
| Advances received on contracts in progress | 46 | €28,300 | €28,300 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €21,824 | €12,826 | -€8,998 | -41.2% |
| Taxes | 450/3 | €19,525 | €10,527 | -€8,998 | -46.1% |
| Remuneration and social security | 454/9 | €2,299 | €2,299 | = | 0.0% |
| Other amounts payable | 47/48 | €17,085 | €0 | -€17,085 | -100.0% |
| Accrued charges and deferred income | 492/3 | €6,085 | €256 | -€5,829 | -95.8% |
| Non-recurring operating income | 76A | €6,497 | €0 | -€6,497 | -100.0% |
| Remuneration, social security and pensions | 62 | €258,063 | €10,948 | -€247,116 | -95.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,750 | €33,595 | -€155 | -0.5% |
| Other operating charges | 640/8 | €16,570 | €18,867 | +€2,296 | +13.9% |
| Non-recurring operating charges | 66A | €23,923 | €0 | -€23,923 | -100.0% |
| Gross operating margin | 9900 | €289,091 | €108,925 | -€180,165 | -62.3% |
| Operating profit (loss) | 9901 | -€43,216 | €45,516 | +€88,732 | |
| Financial income | 75/76B | €211 | €4,606 | +€4,394 | +2077.6% |
| Recurring financial income | 75 | €211 | €4,606 | +€4,394 | +2077.6% |
| Financial charges | 65/66B | €64,168 | €45,242 | -€18,926 | -29.5% |
| Recurring financial charges | 65 | €64,168 | €45,242 | -€18,926 | -29.5% |
| Profit (loss) for the period before taxes | 9903 | -€107,172 | €4,880 | +€112,052 | |
| Profit (loss) for the period | 9904 | -€107,172 | €4,880 | +€112,052 | |
| Profit (loss) for the period to be appropriated | 9905 | -€107,172 | €4,880 | +€112,052 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.