FINELIO: 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.
FINELIO
Largest movements
- Cash +€80,037
up €80,037 (+75.9%), from €105,504 to €185,541
mainly Net result for the year (+€45,891) and Current investments (+€38,000)
- Current investments -€38,000
down €38,000 (-62.6%), from €60,729 to €22,729
- Receivables within one year -€24,949
down €24,949 (-44.5%), from €56,007 to €31,058
of which Trade receivables: -€24,105
- Tangible fixed assets -€3,329
down €3,329 (-30.8%), from €10,806 to €7,477
of which Furniture and vehicles: -€2,081
- Profit (loss) carried forward -€34,089
down €34,089 (-100.0%), from €34,091 to €2
- Reserves +€29,980
up €29,980 (+20.4%), from €146,848 to €176,828
of which Distributable reserves: +€29,980
- Other debts +€23,564
up €23,564 (+138.6%), from €17,000 to €40,564
- Tax, wage and social debts -€7,995
down €7,995 (-46.8%), from €17,082 to €9,087
of which Taxes: -€7,995
- Gross operating margin -€8,290
down €8,290 (-11.1%), from €74,883 to €66,593
- Taxes +€1,809
up €1,809 (+11.9%), from €15,168 to €16,977
- Financial income +€1,056
up €1,056 (+45.4%), from €2,326 to €3,382
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 | €233,761 | €247,508 | +€13,748 | +5.9% |
| Fixed assets | 21/28 | €10,806 | €7,477 | -€3,329 | -30.8% |
| Tangible fixed assets | 22/27 | €10,806 | €7,477 | -€3,329 | -30.8% |
| Plant, machinery and equipment | 23 | €6,018 | €4,770 | -€1,248 | -20.7% |
| Furniture and vehicles | 24 | €4,788 | €2,707 | -€2,081 | -43.5% |
| Current assets | 29/58 | €222,955 | €240,031 | +€17,076 | +7.7% |
| Amounts receivable within one year | 40/41 | €56,007 | €31,058 | -€24,949 | -44.5% |
| Trade receivables | 40 | €50,473 | €26,368 | -€24,105 | -47.8% |
| Other amounts receivable | 41 | €5,535 | €4,691 | -€844 | -15.3% |
| Current investments | 50/53 | €60,729 | €22,729 | -€38,000 | -62.6% |
| Cash at bank and in hand | 54/58 | €105,504 | €185,541 | +€80,037 | +75.9% |
| Deferred charges and accrued income | 490/1 | €714 | €702 | -€12 | -1.6% |
| Total equity and liabilities | 10/49 | €233,761 | €247,508 | +€13,748 | +5.9% |
| Equity | 10/15 | €199,539 | €195,430 | -€4,109 | -2.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €146,848 | €176,828 | +€29,980 | +20.4% |
| Tax-exempt reserves | 132 | €3,433 | €3,433 | = | 0.0% |
| Distributable reserves | 133 | €143,415 | €173,395 | +€29,980 | +20.9% |
| Profit (loss) carried forward | 14 | €34,091 | €2 | -€34,089 | -100.0% |
| Amounts payable | 17/49 | €34,222 | €52,079 | +€17,857 | +52.2% |
| Amounts payable within one year | 42/48 | €34,222 | €52,079 | +€17,857 | +52.2% |
| Trade debts | 44 | €140 | €2,428 | +€2,287 | +1632.6% |
| Suppliers | 440/4 | €140 | €2,428 | +€2,287 | +1632.6% |
| Taxes, remuneration and social security | 45 | €17,082 | €9,087 | -€7,995 | -46.8% |
| Taxes | 450/3 | €15,082 | €7,087 | -€7,995 | -53.0% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €17,000 | €40,564 | +€23,564 | +138.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,180 | €3,689 | -€491 | -11.8% |
| Other operating charges | 640/8 | €622 | €754 | +€132 | +21.3% |
| Gross operating margin | 9900 | €74,883 | €66,593 | -€8,290 | -11.1% |
| Operating profit (loss) | 9901 | €70,081 | €62,150 | -€7,931 | -11.3% |
| Financial income | 75/76B | €2,326 | €3,382 | +€1,056 | +45.4% |
| Recurring financial income | 75 | €2,326 | €3,382 | +€1,056 | +45.4% |
| Financial charges | 65/66B | €3,148 | €2,663 | -€485 | -15.4% |
| Recurring financial charges | 65 | €3,148 | €2,663 | -€485 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | €69,259 | €62,868 | -€6,391 | -9.2% |
| Income taxes | 67/77 | €15,168 | €16,977 | +€1,809 | +11.9% |
| Profit (loss) for the period | 9904 | €54,091 | €45,891 | -€8,200 | -15.2% |
| Profit (loss) for the period to be appropriated | 9905 | €54,091 | €45,891 | -€8,200 | -15.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.