FINESKAM: 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.
FINESKAM
Largest movements
- Cash -€88,764
down €88,764 (-70.9%), from €125,184 to €36,420
mainly Other debts (-€93,961) and Net result for the year (-€7,973)
- Tangible fixed assets -€13,170
down €13,170 (-5.1%), from €257,660 to €244,490
- Other debts -€93,961
down €93,961 (-17.0%), from €552,702 to €458,741
- Profit (loss) carried forward -€7,973
down €7,973 (-4.1%), from -€193,258 to -€201,231
- Other operating charges +€3,768
up €3,768 (+148.6%), from €2,536 to €6,304
- Gross operating margin +€2,395
up €2,395 (+26.0%), from €9,194 to €11,589
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 | €382,844 | €280,910 | -€101,934 | -26.6% |
| Fixed assets | 21/28 | €257,660 | €244,490 | -€13,170 | -5.1% |
| Tangible fixed assets | 22/27 | €257,660 | €244,490 | -€13,170 | -5.1% |
| Land and buildings | 22 | €257,660 | €244,490 | -€13,170 | -5.1% |
| Current assets | 29/58 | €125,184 | €36,420 | -€88,764 | -70.9% |
| Cash at bank and in hand | 54/58 | €125,184 | €36,420 | -€88,764 | -70.9% |
| Total equity and liabilities | 10/49 | €382,844 | €280,910 | -€101,934 | -26.6% |
| Equity | 10/15 | -€174,658 | -€182,631 | -€7,973 | -4.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€193,258 | -€201,231 | -€7,973 | -4.1% |
| Amounts payable | 17/49 | €557,502 | €463,541 | -€93,961 | -16.9% |
| Amounts payable after more than one year | 17 | €4,800 | €4,800 | = | 0.0% |
| Financial debts | 170/4 | €4,800 | €4,800 | = | 0.0% |
| Amounts payable within one year | 42/48 | €552,702 | €458,741 | -€93,961 | -17.0% |
| Other amounts payable | 47/48 | €552,702 | €458,741 | -€93,961 | -17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,170 | €13,170 | = | 0.0% |
| Other operating charges | 640/8 | €2,536 | €6,304 | +€3,768 | +148.6% |
| Gross operating margin | 9900 | €9,194 | €11,589 | +€2,395 | +26.0% |
| Operating profit (loss) | 9901 | -€6,512 | -€7,885 | -€1,373 | -21.1% |
| Financial charges | 65/66B | €86 | €88 | +€2 | +2.3% |
| Recurring financial charges | 65 | €86 | €88 | +€2 | +2.3% |
| Profit (loss) for the period before taxes | 9903 | -€6,598 | -€7,973 | -€1,375 | -20.8% |
| Profit (loss) for the period | 9904 | -€6,598 | -€7,973 | -€1,375 | -20.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,598 | -€7,973 | -€1,375 | -20.8% |
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 28 September 2026 via checked.be.