FINELTA: 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.
FINELTA
Largest movements
- Cash -€66,658
down €66,658 (-92.7%), from €71,908 to €5,250
mainly Receivables within one year (-€60,051) and Current investments (-€19,999)
- Receivables within one year +€60,051
up €60,051 (+113.5%), from €52,924 to €112,975
- Current investments +€19,999
up €19,999 (+18.4%), from €108,528 to €128,527
- Reserves +€15,277
up €15,277 (+13.8%), from €110,744 to €126,021
of which Distributable reserves: +€15,277
- Tax, wage and social debts -€2,845
down €2,845 (-50.5%), from €5,630 to €2,785
- Financial income +€7,983
up €7,983 (+1635.9%), from €488 to €8,471
- Taxes +€1,547
up €1,547 (+40.9%), from €3,780 to €5,327
- Depreciation +€812
up €812 (+45.0%), from €1,803 to €2,615
- Other operating charges +€287
up €287 (+10.8%), from €2,647 to €2,934
- Gross operating margin -€186
down €186 (-1.0%), from €17,926 to €17,740
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 | €247,293 | €259,725 | +€12,432 | +5.0% |
| Fixed assets | 21/28 | €13,825 | €12,973 | -€852 | -6.2% |
| Tangible fixed assets | 22/27 | €13,825 | €12,973 | -€852 | -6.2% |
| Land and buildings | 22 | €13,825 | €12,973 | -€852 | -6.2% |
| Current assets | 29/58 | €233,468 | €246,752 | +€13,284 | +5.7% |
| Amounts receivable within one year | 40/41 | €52,924 | €112,975 | +€60,051 | +113.5% |
| Other amounts receivable | 41 | €52,924 | €112,975 | +€60,051 | +113.5% |
| Current investments | 50/53 | €108,528 | €128,527 | +€19,999 | +18.4% |
| Cash at bank and in hand | 54/58 | €71,908 | €5,250 | -€66,658 | -92.7% |
| Deferred charges and accrued income | 490/1 | €108 | - | -€108 | |
| Total equity and liabilities | 10/49 | €247,293 | €259,725 | +€12,432 | +5.0% |
| Equity | 10/15 | €240,888 | €256,165 | +€15,277 | +6.3% |
| Contributions | 10/11 | €130,144 | €130,144 | = | 0.0% |
| Capital | 10 | €130,144 | €130,144 | = | 0.0% |
| Issued capital | 100 | €148,736 | €148,736 | = | 0.0% |
| Uncalled capital | 101 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €110,744 | €126,021 | +€15,277 | +13.8% |
| Non-distributable reserves | 130/1 | €14,874 | €14,874 | = | 0.0% |
| Legal reserve | 130 | €14,874 | €14,874 | = | 0.0% |
| Distributable reserves | 133 | €95,870 | €111,147 | +€15,277 | +15.9% |
| Amounts payable | 17/49 | €6,405 | €3,560 | -€2,845 | -44.4% |
| Amounts payable within one year | 42/48 | €5,630 | €2,785 | -€2,845 | -50.5% |
| Taxes, remuneration and social security | 45 | €5,630 | €2,785 | -€2,845 | -50.5% |
| Taxes | 450/3 | €5,630 | €2,785 | -€2,845 | -50.5% |
| Accrued charges and deferred income | 492/3 | €775 | €775 | = | 0.0% |
| Non-recurring operating income | 76A | €220 | - | -€220 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,803 | €2,615 | +€812 | +45.0% |
| Other operating charges | 640/8 | €2,647 | €2,934 | +€287 | +10.8% |
| Gross operating margin | 9900 | €17,926 | €17,740 | -€186 | -1.0% |
| Operating profit (loss) | 9901 | €13,476 | €12,191 | -€1,285 | -9.5% |
| Financial income | 75/76B | €488 | €8,471 | +€7,983 | +1635.9% |
| Recurring financial income | 75 | €488 | €8,471 | +€7,983 | +1635.9% |
| Financial charges | 65/66B | €45 | €58 | +€13 | +28.9% |
| Recurring financial charges | 65 | €45 | €58 | +€13 | +28.9% |
| Profit (loss) for the period before taxes | 9903 | €13,919 | €20,604 | +€6,685 | +48.0% |
| Income taxes | 67/77 | €3,780 | €5,327 | +€1,547 | +40.9% |
| Profit (loss) for the period | 9904 | €10,139 | €15,277 | +€5,138 | +50.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,139 | €15,277 | +€5,138 | +50.7% |
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 4 October 2026 via checked.be.