FINER: 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.
FINER
Largest movements
- Tangible fixed assets -€14,934
down €14,934 (-7.8%), from €191,529 to €176,595
of which Land and buildings: -€10,457
- Profit (loss) carried forward -€13,122
down €13,122 (-20.9%), from -€62,922 to -€76,045
- Trade debts -€3,842
down €3,842 (-65.7%), from €5,850 to €2,008
- Other debts +€2,085
up €2,085 (+1.0%), from €214,295 to €216,380
- Gross operating margin +€4,922
up €4,922, from -€389 to €4,532
- Depreciation +€665
up €665 (+4.7%), from €14,270 to €14,934
- Other operating charges +€81
up €81 (+3.7%), from €2,188 to €2,269
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 | €191,776 | €177,041 | -€14,735 | -7.7% |
| Fixed assets | 21/28 | €191,529 | €176,595 | -€14,934 | -7.8% |
| Tangible fixed assets | 22/27 | €191,529 | €176,595 | -€14,934 | -7.8% |
| Land and buildings | 22 | €187,052 | €176,595 | -€10,457 | -5.6% |
| Furniture and vehicles | 24 | €4,477 | €0 | -€4,477 | -100.0% |
| Current assets | 29/58 | €247 | €446 | +€199 | +80.5% |
| Cash at bank and in hand | 54/58 | €247 | €446 | +€199 | +80.5% |
| Total equity and liabilities | 10/49 | €191,776 | €177,041 | -€14,735 | -7.7% |
| Equity | 10/15 | -€28,564 | -€41,687 | -€13,122 | -45.9% |
| Contributions | 10/11 | €31,235 | €31,235 | = | 0.0% |
| Reserves | 13 | €3,123 | €3,123 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €3,123 | €3,123 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,922 | -€76,045 | -€13,122 | -20.9% |
| Amounts payable | 17/49 | €220,341 | €218,728 | -€1,613 | -0.7% |
| Amounts payable within one year | 42/48 | €220,341 | €218,584 | -€1,757 | -0.8% |
| Trade debts | 44 | €5,850 | €2,008 | -€3,842 | -65.7% |
| Suppliers | 440/4 | €5,850 | €2,008 | -€3,842 | -65.7% |
| Taxes, remuneration and social security | 45 | €195 | €196 | +€0 | +0.1% |
| Taxes | 450/3 | €195 | €196 | +€0 | +0.1% |
| Other amounts payable | 47/48 | €214,295 | €216,380 | +€2,085 | +1.0% |
| Accrued charges and deferred income | 492/3 | - | €144 | +€144 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,270 | €14,934 | +€665 | +4.7% |
| Other operating charges | 640/8 | €2,188 | €2,269 | +€81 | +3.7% |
| Gross operating margin | 9900 | -€389 | €4,532 | +€4,922 | |
| Operating profit (loss) | 9901 | -€16,847 | -€12,671 | +€4,176 | +24.8% |
| Financial charges | 65/66B | €223 | €256 | +€33 | +15.0% |
| Recurring financial charges | 65 | €223 | €256 | +€33 | +15.0% |
| Profit (loss) for the period before taxes | 9903 | -€17,070 | -€12,927 | +€4,143 | +24.3% |
| Income taxes | 67/77 | €195 | €196 | +€0 | +0.1% |
| Profit (loss) for the period | 9904 | -€17,265 | -€13,122 | +€4,143 | +24.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,265 | -€13,122 | +€4,143 | +24.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.