FINES: 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.
FINES
Largest movements
- Cash +€14,771
up €14,771 (+80.3%), from €18,388 to €33,159
mainly Other debts (+€66,122) and Net result for the year (+€24,076)
- Tangible fixed assets +€2,034
up €2,034 (+1.6%), from €124,228 to €126,261
of which Plant, machinery and equipment: +€2,499
- Accrued charges and deferred income -€80,769
down €80,769 (-99.4%), from €81,269 to €500
- Other debts +€66,122
up €66,122 (+515.9%), from €12,817 to €78,939
- Profit (loss) carried forward +€24,076
up €24,076 (+31.8%), from -€75,736 to -€51,660
- Trade debts +€4,432
up €4,432 (+137.9%), from €3,213 to €7,645
- Tax, wage and social debts +€3,936
up €3,936 (+38.6%), from €10,207 to €14,142
- Gross operating margin +€8,972
up €8,972 (+24.2%), from €37,099 to €46,071
- Taxes +€3,782
up €3,782 (+40.5%), from €9,331 to €13,114
- Other operating charges -€1,394
down €1,394 (-20.9%), from €6,684 to €5,290
- Depreciation +€671
up €671 (+24.6%), from €2,728 to €3,399
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 | €177,216 | €195,013 | +€17,797 | +10.0% |
| Fixed assets | 21/28 | €144,228 | €146,261 | +€2,034 | +1.4% |
| Tangible fixed assets | 22/27 | €124,228 | €126,261 | +€2,034 | +1.6% |
| Land and buildings | 22 | €111,552 | €111,552 | = | 0.0% |
| Plant, machinery and equipment | 23 | €11,818 | €14,317 | +€2,499 | +21.1% |
| Furniture and vehicles | 24 | €858 | €392 | -€465 | -54.2% |
| Financial fixed assets | 28 | €20,000 | €20,000 | = | 0.0% |
| Current assets | 29/58 | €32,989 | €48,752 | +€15,763 | +47.8% |
| Amounts receivable within one year | 40/41 | €14,600 | €15,593 | +€992 | +6.8% |
| Trade receivables | 40 | €14,600 | €15,593 | +€992 | +6.8% |
| Cash at bank and in hand | 54/58 | €18,388 | €33,159 | +€14,771 | +80.3% |
| Total equity and liabilities | 10/49 | €177,216 | €195,013 | +€17,797 | +10.0% |
| Equity | 10/15 | €69,711 | €93,787 | +€24,076 | +34.5% |
| Contributions | 10/11 | €123,947 | €123,947 | = | 0.0% |
| Capital | 10 | €123,947 | €123,947 | = | 0.0% |
| Issued capital | 100 | €123,947 | €123,947 | = | 0.0% |
| Reserves | 13 | €21,500 | €21,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,500 | €3,500 | = | 0.0% |
| Legal reserve | 130 | €3,500 | €3,500 | = | 0.0% |
| Distributable reserves | 133 | €18,000 | €18,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€75,736 | -€51,660 | +€24,076 | +31.8% |
| Amounts payable | 17/49 | €107,506 | €101,226 | -€6,279 | -5.8% |
| Amounts payable within one year | 42/48 | €26,237 | €100,726 | +€74,490 | +283.9% |
| Trade debts | 44 | €3,213 | €7,645 | +€4,432 | +137.9% |
| Suppliers | 440/4 | €3,213 | €7,645 | +€4,432 | +137.9% |
| Taxes, remuneration and social security | 45 | €10,207 | €14,142 | +€3,936 | +38.6% |
| Taxes | 450/3 | €10,207 | €14,142 | +€3,936 | +38.6% |
| Other amounts payable | 47/48 | €12,817 | €78,939 | +€66,122 | +515.9% |
| Accrued charges and deferred income | 492/3 | €81,269 | €500 | -€80,769 | -99.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,728 | €3,399 | +€671 | +24.6% |
| Other operating charges | 640/8 | €6,684 | €5,290 | -€1,394 | -20.9% |
| Gross operating margin | 9900 | €37,099 | €46,071 | +€8,972 | +24.2% |
| Operating profit (loss) | 9901 | €27,687 | €37,382 | +€9,695 | +35.0% |
| Financial income | 75/76B | €54 | €54 | -€0 | -0.6% |
| Recurring financial income | 75 | €54 | €54 | -€0 | -0.6% |
| Financial charges | 65/66B | €232 | €246 | +€15 | +6.4% |
| Recurring financial charges | 65 | €232 | €246 | +€15 | +6.4% |
| Profit (loss) for the period before taxes | 9903 | €27,509 | €37,190 | +€9,680 | +35.2% |
| Income taxes | 67/77 | €9,331 | €13,114 | +€3,782 | +40.5% |
| Profit (loss) for the period | 9904 | €18,178 | €24,076 | +€5,898 | +32.4% |
| Profit (loss) for the period to be appropriated | 9905 | €18,178 | €24,076 | +€5,898 | +32.4% |
Source: filed annual accounts (NBB), fiscal years ended 1 October 2024 and 1 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.