FINÉCAP: 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.
FINÉCAP
Largest movements
- Tangible fixed assets +€92,167
up €92,167 (+53.6%), from €172,073 to €264,239
- Cash -€22,360
down €22,360 (-81.4%), from €27,472 to €5,112
mainly Investment in fixed assets (net) (-€99,521) and Net result for the year (-€44,676)
- Trade debts +€100,066
new in 2024: €100,066
- Profit (loss) carried forward -€44,676
down €44,676 (-57.2%), from -€78,079 to -€122,755
- Debts after one year +€13,139
up €13,139 (+4.9%), from €265,455 to €278,594
of which Other amounts payable: +€20,000
- Gross operating margin +€38,677
up €38,677 (+58.6%), from -€66,041 to -€27,364
- Financial charges +€2,738
up €2,738 (+51.6%), from €5,304 to €8,042
- Depreciation +€1,427
up €1,427 (+24.1%), from €5,927 to €7,354
- Other operating charges +€1,101
up €1,101 (+135.3%), from €814 to €1,916
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €199,545 | €269,352 | +€69,807 | +35.0% |
| Fixed assets | 21/28 | €172,073 | €264,239 | +€92,167 | +53.6% |
| Tangible fixed assets | 22/27 | €172,073 | €264,239 | +€92,167 | +53.6% |
| Land and buildings | 22 | €172,073 | €264,239 | +€92,167 | +53.6% |
| Current assets | 29/58 | €27,472 | €5,112 | -€22,360 | -81.4% |
| Cash at bank and in hand | 54/58 | €27,472 | €5,112 | -€22,360 | -81.4% |
| Total equity and liabilities | 10/49 | €199,545 | €269,352 | +€69,807 | +35.0% |
| Equity | 10/15 | -€75,079 | -€119,755 | -€44,676 | -59.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€78,079 | -€122,755 | -€44,676 | -57.2% |
| Amounts payable | 17/49 | €274,624 | €389,107 | +€114,483 | +41.7% |
| Amounts payable after more than one year | 17 | €265,455 | €278,594 | +€13,139 | +4.9% |
| Financial debts | 170/4 | €165,455 | €158,594 | -€6,861 | -4.1% |
| Other amounts payable | 178/9 | €100,000 | €120,000 | +€20,000 | +20.0% |
| Amounts payable within one year | 42/48 | €9,169 | €110,513 | +€101,344 | +1105.3% |
| Current portion of amounts payable after more than one year | 42 | €6,629 | €6,861 | +€232 | +3.5% |
| Financial debts | 43 | - | €4 | +€4 | |
| Credit institutions | 430/8 | - | €4 | +€4 | |
| Trade debts | 44 | - | €100,066 | +€100,066 | |
| Suppliers | 440/4 | - | €100,066 | +€100,066 | |
| Other amounts payable | 47/48 | €2,539 | €3,582 | +€1,043 | +41.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,927 | €7,354 | +€1,427 | +24.1% |
| Other operating charges | 640/8 | €814 | €1,916 | +€1,101 | +135.3% |
| Gross operating margin | 9900 | -€66,041 | -€27,364 | +€38,677 | +58.6% |
| Operating profit (loss) | 9901 | -€72,783 | -€36,634 | +€36,149 | +49.7% |
| Financial income | 75/76B | €8 | - | -€8 | |
| Recurring financial income | 75 | €8 | - | -€8 | |
| Financial charges | 65/66B | €5,304 | €8,042 | +€2,738 | +51.6% |
| Recurring financial charges | 65 | €5,304 | €8,042 | +€2,738 | +51.6% |
| Profit (loss) for the period before taxes | 9903 | -€78,079 | -€44,676 | +€33,403 | +42.8% |
| Profit (loss) for the period | 9904 | -€78,079 | -€44,676 | +€33,403 | +42.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€78,079 | -€44,676 | +€33,403 | +42.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.