FINE GLOBAL SOLUTIONS: 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.
FINE GLOBAL SOLUTIONS
Largest movements
- Receivables within one year +€410,382
up €410,382 (+190%), from €215,984 to €626,365
of which Trade receivables: +€414,838
- Cash +€175,313
up €175,313 (+800%), from €21,901 to €197,214
mainly Trade debts (+€542,957) and Net result for the year (+€32,994)
- Trade debts +€542,957
up €542,957 (+336%), from €161,451 to €704,408
- Reserves +€32,994
up €32,994 (+93.1%), from €35,450 to €68,444
of which Distributable reserves: +€32,994
- Other debts +€8,961
up €8,961 (+32.8%), from €27,350 to €36,311
- Gross operating margin +€41,586
up €41,586 (+82.3%), from €50,557 to €92,143
- Financial charges +€35,086
up €35,086 (+474%), from €7,400 to €42,486
- Taxes +€15,702
new in 2025: €15,702
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 | €239,627 | €827,041 | +€587,414 | +245% |
| Fixed assets | 21/28 | €1,742 | €3,462 | +€1,720 | +98.8% |
| Tangible fixed assets | 22/27 | €1,150 | €2,871 | +€1,720 | +150% |
| Furniture and vehicles | 24 | €1,150 | €2,871 | +€1,720 | +150% |
| Financial fixed assets | 28 | €592 | €592 | = | 0.0% |
| Current assets | 29/58 | €237,885 | €823,579 | +€585,694 | +246% |
| Amounts receivable within one year | 40/41 | €215,984 | €626,365 | +€410,382 | +190% |
| Trade receivables | 40 | €209,975 | €624,813 | +€414,838 | +198% |
| Other amounts receivable | 41 | €6,009 | €1,552 | -€4,456 | -74.2% |
| Cash at bank and in hand | 54/58 | €21,901 | €197,214 | +€175,313 | +800% |
| Total equity and liabilities | 10/49 | €239,627 | €827,041 | +€587,414 | +245% |
| Equity | 10/15 | €37,626 | €70,620 | +€32,994 | +87.7% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €35,450 | €68,444 | +€32,994 | +93.1% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €29,252 | €62,246 | +€32,994 | +113% |
| Profit (loss) carried forward | 14 | -€59,797 | -€59,797 | = | 0.0% |
| Amounts payable | 17/49 | €202,001 | €756,421 | +€554,420 | +274% |
| Amounts payable within one year | 42/48 | €202,001 | €756,421 | +€554,420 | +274% |
| Trade debts | 44 | €161,451 | €704,408 | +€542,957 | +336% |
| Suppliers | 440/4 | €161,451 | €704,408 | +€542,957 | +336% |
| Taxes, remuneration and social security | 45 | €13,200 | €15,702 | +€2,502 | +19.0% |
| Taxes | 450/3 | - | €15,702 | +€15,702 | |
| Remuneration and social security | 454/9 | €13,200 | - | -€13,200 | |
| Other amounts payable | 47/48 | €27,350 | €36,311 | +€8,961 | +32.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €336 | €748 | +€412 | +123% |
| Other operating charges | 640/8 | €538 | €214 | -€324 | -60.2% |
| Gross operating margin | 9900 | €50,557 | €92,143 | +€41,586 | +82.3% |
| Operating profit (loss) | 9901 | €49,684 | €91,181 | +€41,498 | +83.5% |
| Financial charges | 65/66B | €7,400 | €42,486 | +€35,086 | +474% |
| Recurring financial charges | 65 | €7,400 | €42,486 | +€35,086 | +474% |
| Profit (loss) for the period before taxes | 9903 | €42,284 | €48,696 | +€6,412 | +15.2% |
| Income taxes | 67/77 | - | €15,702 | +€15,702 | |
| Profit (loss) for the period | 9904 | €42,284 | €32,994 | -€9,290 | -22.0% |
| Profit (loss) for the period to be appropriated | 9905 | €42,284 | €32,994 | -€9,290 | -22.0% |
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 13 October 2026 via checked.be.