FINEPOLIS: 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.
FINEPOLIS
Largest movements
- Tangible fixed assets -€366,922
down €366,922 (-99.5%), from €368,640 to €1,718
of which Land and buildings: -€365,631
- Cash +€157,689
up €157,689 (+209331.0%), from €75 to €157,764
mainly Investment in fixed assets (net) (+€365,679) and Net result for the year (+€192,326)
- Receivables after one year -€45,500
down €45,500 (-100.0%), from €45,500 to €0
- Deferred charges and accrued income +€38,400
up €38,400 (+431.7%), from €8,894 to €47,294
- Receivables within one year -€6,291
down €6,291 (-3.9%), from €161,613 to €155,323
of which Other amounts receivable: -€86,770
- Debts after one year -€211,895
down €211,895 (-100.0%), from €211,895 to €0
- Reserves +€192,326
up €192,326 (+465.1%), from €41,351 to €233,677
of which Distributable reserves: +€192,326
- Revaluation surpluses -€118,684
down €118,684 (-100.0%), from €118,684 to €0
- Current portion of long-term debt -€55,413
down €55,413 (-100.0%), from €55,413 to €0
- Tax, wage and social debts -€31,292
down €31,292 (-72.6%), from €43,114 to €11,822
of which Taxes: -€20,116
- Gross operating margin +€193,270
up €193,270 (+125.1%), from €154,467 to €347,737
- Taxes +€39,147
up €39,147 (+205.8%), from €19,019 to €58,166
- Financial charges +€18,739
up €18,739 (+87.2%), from €21,481 to €40,219
- Depreciation -€12,774
down €12,774 (-91.1%), from €14,018 to €1,243
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 | €587,172 | €364,549 | -€222,624 | -37.9% |
| Fixed assets | 21/28 | €371,090 | €4,168 | -€366,922 | -98.9% |
| Tangible fixed assets | 22/27 | €368,640 | €1,718 | -€366,922 | -99.5% |
| Land and buildings | 22 | €365,631 | €0 | -€365,631 | -100.0% |
| Plant, machinery and equipment | 23 | €2,309 | €1,718 | -€591 | -25.6% |
| Furniture and vehicles | 24 | €699 | €0 | -€699 | -100.0% |
| Financial fixed assets | 28 | €2,450 | €2,450 | = | 0.0% |
| Current assets | 29/58 | €216,083 | €360,381 | +€144,298 | +66.8% |
| Amounts receivable after more than one year | 29 | €45,500 | €0 | -€45,500 | -100.0% |
| Other amounts receivable | 291 | €45,500 | €0 | -€45,500 | -100.0% |
| Amounts receivable within one year | 40/41 | €161,613 | €155,323 | -€6,291 | -3.9% |
| Trade receivables | 40 | €9,195 | €89,675 | +€80,480 | +875.2% |
| Other amounts receivable | 41 | €152,418 | €65,648 | -€86,770 | -56.9% |
| Cash at bank and in hand | 54/58 | €75 | €157,764 | +€157,689 | +209331.0% |
| Deferred charges and accrued income | 490/1 | €8,894 | €47,294 | +€38,400 | +431.7% |
| Total equity and liabilities | 10/49 | €587,172 | €364,549 | -€222,624 | -37.9% |
| Equity | 10/15 | €178,626 | €252,269 | +€73,642 | +41.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Revaluation surpluses | 12 | €118,684 | €0 | -€118,684 | -100.0% |
| Reserves | 13 | €41,351 | €233,677 | +€192,326 | +465.1% |
| Non-distributable reserves | 130/1 | €522 | €522 | = | 0.0% |
| Reserves not available under the articles | 1311 | €522 | €522 | = | 0.0% |
| Distributable reserves | 133 | €40,829 | €233,155 | +€192,326 | +471.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €408,546 | €112,280 | -€296,266 | -72.5% |
| Amounts payable after more than one year | 17 | €211,895 | €0 | -€211,895 | -100.0% |
| Financial debts | 170/4 | €211,895 | €0 | -€211,895 | -100.0% |
| Amounts payable within one year | 42/48 | €193,474 | €112,280 | -€81,194 | -42.0% |
| Current portion of amounts payable after more than one year | 42 | €55,413 | €0 | -€55,413 | -100.0% |
| Financial debts | 43 | €70,239 | €93,964 | +€23,725 | +33.8% |
| Credit institutions | 430/8 | €70,239 | €93,964 | +€23,725 | +33.8% |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €24,708 | €6,494 | -€18,215 | -73.7% |
| Suppliers | 440/4 | €24,708 | €6,494 | -€18,215 | -73.7% |
| Taxes, remuneration and social security | 45 | €43,114 | €11,822 | -€31,292 | -72.6% |
| Taxes | 450/3 | €24,199 | €4,083 | -€20,116 | -83.1% |
| Remuneration and social security | 454/9 | €18,915 | €7,739 | -€11,176 | -59.1% |
| Accrued charges and deferred income | 492/3 | €3,177 | €0 | -€3,177 | -100.0% |
| Non-recurring operating income | 76A | €4,500 | €111,505 | +€107,005 | +2377.9% |
| Remuneration, social security and pensions | 62 | €53,435 | €52,668 | -€767 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,018 | €1,243 | -€12,774 | -91.1% |
| Other operating charges | 640/8 | €4,453 | €3,819 | -€633 | -14.2% |
| Non-recurring operating charges | 66A | - | €699 | +€699 | |
| Gross operating margin | 9900 | €154,467 | €347,737 | +€193,270 | +125.1% |
| Operating profit (loss) | 9901 | €82,562 | €289,307 | +€206,745 | +250.4% |
| Financial income | 75/76B | €1,586 | €1,404 | -€182 | -11.4% |
| Recurring financial income | 75 | €1,586 | €1,404 | -€182 | -11.4% |
| Financial charges | 65/66B | €21,481 | €40,219 | +€18,739 | +87.2% |
| Recurring financial charges | 65 | €21,481 | €40,219 | +€18,739 | +87.2% |
| Profit (loss) for the period before taxes | 9903 | €62,667 | €250,492 | +€187,825 | +299.7% |
| Income taxes | 67/77 | €19,019 | €58,166 | +€39,147 | +205.8% |
| Profit (loss) for the period | 9904 | €43,648 | €192,326 | +€148,679 | +340.6% |
| Profit (loss) for the period to be appropriated | 9905 | €43,648 | €192,326 | +€148,679 | +340.6% |
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 8 October 2026 via checked.be.