FINEGATE SOLUTIONS: 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.
FINEGATE SOLUTIONS
Largest movements
- Receivables within one year -€11,802
down €11,802 (-51.8%), from €22,766 to €10,964
of which Trade receivables: -€13,126
- Cash -€7,147
down €7,147 (-97.6%), from €7,321 to €174
mainly Net result for the year (-€19,348) and Trade debts (-€910)
- Tangible fixed assets +€552
new in 2024: €552
- Profit (loss) carried forward -€19,348
down €19,348, from €14,569 to -€4,779
- Tax, wage and social debts +€1,861
up €1,861 (+17.8%), from €10,461 to €12,322
of which Remuneration and social security: +€1,980
- Trade debts -€910
down €910 (-44.2%), from €2,057 to €1,147
- Gross operating margin -€37,051
down €37,051, from €20,328 to -€16,722
- Taxes -€4,496
down €4,496 (-91.4%), from €4,920 to €424
- Financial charges +€731
up €731 (+90.4%), from €809 to €1,540
- Other operating charges +€710
up €710 (+2300.4%), from €31 to €741
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 | €30,087 | €11,690 | -€18,397 | -61.1% |
| Fixed assets | 21/28 | - | €552 | +€552 | |
| Tangible fixed assets | 22/27 | - | €552 | +€552 | |
| Furniture and vehicles | 24 | - | €552 | +€552 | |
| Current assets | 29/58 | €30,087 | €11,138 | -€18,949 | -63.0% |
| Amounts receivable within one year | 40/41 | €22,766 | €10,964 | -€11,802 | -51.8% |
| Trade receivables | 40 | €22,077 | €8,951 | -€13,126 | -59.5% |
| Other amounts receivable | 41 | €689 | €2,013 | +€1,324 | +192.2% |
| Cash at bank and in hand | 54/58 | €7,321 | €174 | -€7,147 | -97.6% |
| Total equity and liabilities | 10/49 | €30,087 | €11,690 | -€18,397 | -61.1% |
| Equity | 10/15 | €17,569 | -€1,779 | -€19,348 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,569 | -€4,779 | -€19,348 | |
| Amounts payable | 17/49 | €12,518 | €13,469 | +€951 | +7.6% |
| Amounts payable within one year | 42/48 | €12,518 | €13,469 | +€951 | +7.6% |
| Trade debts | 44 | €2,057 | €1,147 | -€910 | -44.2% |
| Suppliers | 440/4 | €2,057 | €1,147 | -€910 | -44.2% |
| Taxes, remuneration and social security | 45 | €10,461 | €12,322 | +€1,861 | +17.8% |
| Taxes | 450/3 | €10,461 | €10,342 | -€120 | -1.1% |
| Remuneration and social security | 454/9 | - | €1,980 | +€1,980 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €50 | +€50 | |
| Other operating charges | 640/8 | €31 | €741 | +€710 | +2300.4% |
| Gross operating margin | 9900 | €20,328 | -€16,722 | -€37,051 | |
| Operating profit (loss) | 9901 | €20,298 | -€17,513 | -€37,811 | |
| Financial income | 75/76B | - | €130 | +€130 | |
| Recurring financial income | 75 | - | €130 | +€130 | |
| Financial charges | 65/66B | €809 | €1,540 | +€731 | +90.4% |
| Recurring financial charges | 65 | €809 | €1,540 | +€731 | +90.4% |
| Profit (loss) for the period before taxes | 9903 | €19,489 | -€18,924 | -€38,412 | |
| Income taxes | 67/77 | €4,920 | €424 | -€4,496 | -91.4% |
| Profit (loss) for the period | 9904 | €14,569 | -€19,348 | -€33,917 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,569 | -€19,348 | -€33,917 |
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 8 October 2026 via checked.be.