FINEBEK: 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.
FINEBEK
Largest movements
- Cash +€48,730
up €48,730 (+37.6%), from €129,770 to €178,500
mainly Net result for the year (+€31,418) and Depreciation (+€31,276)
- Receivables within one year -€28,499
down €28,499 (-75.1%), from €37,941 to €9,442
of which Trade receivables: -€32,328
- Deferred charges and accrued income +€5,169
up €5,169 (+59.1%), from €8,752 to €13,921
- Reserves +€31,400
up €31,400 (+43.5%), from €72,257 to €103,657
of which Distributable reserves: +€31,400
- Trade debts -€13,445
down €13,445 (-18.5%), from €72,873 to €59,427
- Tax, wage and social debts +€5,761
up €5,761 (+15.7%), from €36,657 to €42,418
of which Remuneration and social security: +€7,261
- Current portion of long-term debt +€5,738
up €5,738 (+39.9%), from €14,386 to €20,124
- Gross operating margin +€91,926
up €91,926 (+34.4%), from €267,048 to €358,975
- Staff costs +€48,899
up €48,899 (+22.5%), from €217,336 to €266,235
- Financial income -€21,564
down €21,564 (-94.1%), from €22,918 to €1,354
of which Non-recurring financial income: -€22,475
- Depreciation +€5,083
up €5,083 (+19.4%), from €26,193 to €31,276
- Taxes +€4,356
up €4,356 (+39.2%), from €11,122 to €15,478
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 | €314,785 | €340,506 | +€25,721 | +8.2% |
| Fixed assets | 21/28 | €115,791 | €115,228 | -€563 | -0.5% |
| Tangible fixed assets | 22/27 | €115,291 | €114,728 | -€563 | -0.5% |
| Land and buildings | 22 | €83,418 | €75,171 | -€8,247 | -9.9% |
| Plant, machinery and equipment | 23 | €13,608 | €26,864 | +€13,257 | +97.4% |
| Furniture and vehicles | 24 | €8,817 | €5,613 | -€3,204 | -36.3% |
| Leasing and similar rights | 25 | €9,449 | €7,080 | -€2,369 | -25.1% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €198,993 | €225,278 | +€26,284 | +13.2% |
| Stocks and contracts in progress | 3 | €22,531 | €23,414 | +€884 | +3.9% |
| Stocks | 30/36 | €22,531 | €23,414 | +€884 | +3.9% |
| Amounts receivable within one year | 40/41 | €37,941 | €9,442 | -€28,499 | -75.1% |
| Trade receivables | 40 | €34,180 | €1,852 | -€32,328 | -94.6% |
| Other amounts receivable | 41 | €3,761 | €7,590 | +€3,830 | +101.8% |
| Cash at bank and in hand | 54/58 | €129,770 | €178,500 | +€48,730 | +37.6% |
| Deferred charges and accrued income | 490/1 | €8,752 | €13,921 | +€5,169 | +59.1% |
| Total equity and liabilities | 10/49 | €314,785 | €340,506 | +€25,721 | +8.2% |
| Equity | 10/15 | €105,191 | €134,943 | +€29,752 | +28.3% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €72,257 | €103,657 | +€31,400 | +43.5% |
| Tax-exempt reserves | 132 | €14,458 | €14,458 | = | 0.0% |
| Distributable reserves | 133 | €57,799 | €89,199 | +€31,400 | +54.3% |
| Profit (loss) carried forward | 14 | €1,947 | €299 | -€1,648 | -84.6% |
| Amounts payable | 17/49 | €209,594 | €205,563 | -€4,031 | -1.9% |
| Amounts payable after more than one year | 17 | €82,378 | €80,346 | -€2,032 | -2.5% |
| Financial debts | 170/4 | €82,378 | €80,346 | -€2,032 | -2.5% |
| Amounts payable within one year | 42/48 | €127,017 | €125,217 | -€1,800 | -1.4% |
| Current portion of amounts payable after more than one year | 42 | €14,386 | €20,124 | +€5,738 | +39.9% |
| Trade debts | 44 | €72,873 | €59,427 | -€13,445 | -18.5% |
| Suppliers | 440/4 | €72,873 | €59,427 | -€13,445 | -18.5% |
| Taxes, remuneration and social security | 45 | €36,657 | €42,418 | +€5,761 | +15.7% |
| Taxes | 450/3 | €2,010 | €510 | -€1,500 | -74.6% |
| Remuneration and social security | 454/9 | €34,647 | €41,908 | +€7,261 | +21.0% |
| Other amounts payable | 47/48 | €3,101 | €3,247 | +€146 | +4.7% |
| Accrued charges and deferred income | 492/3 | €200 | - | -€200 | |
| Non-recurring operating income | 76A | - | €8,136 | +€8,136 | |
| Remuneration, social security and pensions | 62 | €217,336 | €266,235 | +€48,899 | +22.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,193 | €31,276 | +€5,083 | +19.4% |
| Other operating charges | 640/8 | €2,562 | €6,529 | +€3,967 | +154.9% |
| Gross operating margin | 9900 | €267,048 | €358,975 | +€91,926 | +34.4% |
| Operating profit (loss) | 9901 | €20,958 | €54,935 | +€33,977 | +162.1% |
| Financial income | 75/76B | €22,918 | €1,354 | -€21,564 | -94.1% |
| Recurring financial income | 75 | €443 | €1,354 | +€911 | +205.6% |
| Non-recurring financial income | 76B | €22,475 | - | -€22,475 | |
| Financial charges | 65/66B | €8,791 | €9,392 | +€601 | +6.8% |
| Recurring financial charges | 65 | €8,791 | €9,392 | +€601 | +6.8% |
| Profit (loss) for the period before taxes | 9903 | €35,085 | €46,897 | +€11,812 | +33.7% |
| Income taxes | 67/77 | €11,122 | €15,478 | +€4,356 | +39.2% |
| Profit (loss) for the period | 9904 | €23,963 | €31,418 | +€7,455 | +31.1% |
| Profit (loss) for the period to be appropriated | 9905 | €23,963 | €31,418 | +€7,455 | +31.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.