FINEMECA: 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.
FINEMECA
Largest movements
- Cash +€13,147
up €13,147 (+5404.3%), from €243 to €13,390
mainly Net result for the year (+€17,835) and Receivables within one year (+€9,024)
- Receivables within one year -€9,024
down €9,024 (-91.6%), from €9,857 to €833
of which Trade receivables: -€9,024
- Tangible fixed assets -€6,619
down €6,619 (-18.2%), from €36,415 to €29,796
of which Plant, machinery and equipment: -€6,050
- Profit (loss) carried forward +€17,835
up €17,835 (+13.8%), from -€129,116 to -€111,281
- Debts after one year -€14,381
down €14,381 (-10.9%), from €132,343 to €117,962
- Other debts -€10,023
no longer reported in 2025 (was €10,023)
- Advances received +€6,204
new in 2025: €6,204
- Short-term financial debts -€2,210
no longer reported in 2025 (was €2,210)
- Turnover -€22,135
down €22,135 (-30.0%), from €73,834 to €51,700
- Purchases and services -€7,983
down €7,983 (-18.6%), from €42,964 to €34,981
- Gross operating margin +€5,348
up €5,348 (+17.3%), from €30,870 to €36,218
- Financial charges -€4,743
down €4,743 (-39.4%), from €12,040 to €7,297
- Other operating charges +€2,522
up €2,522 (+165.4%), from €1,525 to €4,046
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 | €98,525 | €96,029 | -€2,496 | -2.5% |
| Fixed assets | 21/28 | €36,615 | €29,996 | -€6,619 | -18.1% |
| Tangible fixed assets | 22/27 | €36,415 | €29,796 | -€6,619 | -18.2% |
| Land and buildings | 22 | €17,260 | €16,691 | -€569 | -3.3% |
| Plant, machinery and equipment | 23 | €19,155 | €13,105 | -€6,050 | -31.6% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €61,910 | €66,033 | +€4,123 | +6.7% |
| Stocks and contracts in progress | 3 | €51,809 | €51,810 | +€1 | 0.0% |
| Stocks | 30/36 | €51,809 | €51,810 | +€1 | 0.0% |
| Amounts receivable within one year | 40/41 | €9,857 | €833 | -€9,024 | -91.6% |
| Trade receivables | 40 | €9,847 | €823 | -€9,024 | -91.6% |
| Other amounts receivable | 41 | €10 | €10 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €243 | €13,390 | +€13,147 | +5404.3% |
| Total equity and liabilities | 10/49 | €98,525 | €96,029 | -€2,496 | -2.5% |
| Equity | 10/15 | -€67,143 | -€49,308 | +€17,835 | +26.6% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€129,116 | -€111,281 | +€17,835 | +13.8% |
| Amounts payable | 17/49 | €165,668 | €145,337 | -€20,331 | -12.3% |
| Amounts payable after more than one year | 17 | €132,343 | €117,962 | -€14,381 | -10.9% |
| Financial debts | 170/4 | €132,343 | €117,962 | -€14,381 | -10.9% |
| Amounts payable within one year | 42/48 | €33,324 | €27,375 | -€5,950 | -17.9% |
| Current portion of amounts payable after more than one year | 42 | €15,014 | €14,343 | -€672 | -4.5% |
| Financial debts | 43 | €2,210 | - | -€2,210 | |
| Credit institutions | 430/8 | €2,210 | - | -€2,210 | |
| Trade debts | 44 | €4,443 | €3,982 | -€461 | -10.4% |
| Suppliers | 440/4 | €4,443 | €3,982 | -€461 | -10.4% |
| Advances received on contracts in progress | 46 | - | €6,204 | +€6,204 | |
| Taxes, remuneration and social security | 45 | €1,634 | €2,846 | +€1,212 | +74.1% |
| Taxes | 450/3 | €1,634 | €2,846 | +€1,212 | +74.1% |
| Other amounts payable | 47/48 | €10,023 | - | -€10,023 | |
| Turnover | 70 | €73,834 | €51,700 | -€22,135 | -30.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €42,964 | €34,981 | -€7,983 | -18.6% |
| Remuneration, social security and pensions | 62 | - | €422 | +€422 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,947 | €6,618 | -€329 | -4.7% |
| Other operating charges | 640/8 | €1,525 | €4,046 | +€2,522 | +165.4% |
| Gross operating margin | 9900 | €30,870 | €36,218 | +€5,348 | +17.3% |
| Operating profit (loss) | 9901 | €22,399 | €25,132 | +€2,733 | +12.2% |
| Financial charges | 65/66B | €12,040 | €7,297 | -€4,743 | -39.4% |
| Recurring financial charges | 65 | €12,040 | €7,297 | -€4,743 | -39.4% |
| Profit (loss) for the period before taxes | 9903 | €10,358 | €17,835 | +€7,476 | +72.2% |
| Profit (loss) for the period | 9904 | €10,358 | €17,835 | +€7,476 | +72.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,358 | €17,835 | +€7,476 | +72.2% |
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 30 September 2026 via checked.be.