FINESS: 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.
FINESS
Largest movements
- Cash -€6,493
down €6,493 (-37.1%), from €17,478 to €10,985
mainly Other debts (-€31,963)
- Tangible fixed assets -€5,553
down €5,553 (-23.9%), from €23,260 to €17,707
of which Furniture and vehicles: -€4,183
- Receivables within one year -€4,347
down €4,347 (-6.9%), from €63,170 to €58,823
of which Other amounts receivable: -€7,149
- Other debts -€31,963
down €31,963 (-9.7%), from €327,883 to €295,920
- Trade debts +€11,280
up €11,280 (+20.5%), from €54,927 to €66,207
- Profit (loss) carried forward +€4,290
up €4,290 (+1.5%), from -€281,500 to -€277,210
- Gross operating margin -€29,619
down €29,619 (-63.0%), from €46,992 to €17,373
- Staff costs +€1,698
up €1,698 (+34.2%), from €4,957 to €6,655
- Depreciation -€1,016
down €1,016 (-15.5%), from €6,569 to €5,553
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €107,668 | €91,275 | -€16,393 | -15.2% |
| Fixed assets | 21/28 | €27,020 | €21,467 | -€5,553 | -20.6% |
| Tangible fixed assets | 22/27 | €23,260 | €17,707 | -€5,553 | -23.9% |
| Land and buildings | 22 | €13,464 | €12,094 | -€1,370 | -10.2% |
| Furniture and vehicles | 24 | €9,796 | €5,613 | -€4,183 | -42.7% |
| Financial fixed assets | 28 | €3,760 | €3,760 | = | 0.0% |
| Current assets | 29/58 | €80,648 | €69,808 | -€10,840 | -13.4% |
| Amounts receivable within one year | 40/41 | €63,170 | €58,823 | -€4,347 | -6.9% |
| Trade receivables | 40 | €52,172 | €54,974 | +€2,802 | +5.4% |
| Other amounts receivable | 41 | €10,998 | €3,849 | -€7,149 | -65.0% |
| Cash at bank and in hand | 54/58 | €17,478 | €10,985 | -€6,493 | -37.1% |
| Total equity and liabilities | 10/49 | €107,668 | €91,275 | -€16,393 | -15.2% |
| Equity | 10/15 | -€275,300 | -€271,010 | +€4,290 | +1.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€281,500 | -€277,210 | +€4,290 | +1.5% |
| Amounts payable | 17/49 | €382,968 | €362,286 | -€20,682 | -5.4% |
| Amounts payable within one year | 42/48 | €382,968 | €362,286 | -€20,682 | -5.4% |
| Trade debts | 44 | €54,927 | €66,207 | +€11,280 | +20.5% |
| Suppliers | 440/4 | €54,927 | €66,207 | +€11,280 | +20.5% |
| Taxes, remuneration and social security | 45 | €159 | €159 | +€0 | +0.1% |
| Taxes | 450/3 | €159 | €159 | +€0 | +0.1% |
| Other amounts payable | 47/48 | €327,883 | €295,920 | -€31,963 | -9.7% |
| Remuneration, social security and pensions | 62 | €4,957 | €6,655 | +€1,698 | +34.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,569 | €5,553 | -€1,016 | -15.5% |
| Other operating charges | 640/8 | €679 | €588 | -€90 | -13.3% |
| Gross operating margin | 9900 | €46,992 | €17,373 | -€29,619 | -63.0% |
| Operating profit (loss) | 9901 | €34,787 | €4,577 | -€30,210 | -86.8% |
| Financial charges | 65/66B | €68 | €99 | +€31 | +45.2% |
| Recurring financial charges | 65 | €68 | €99 | +€31 | +45.2% |
| Profit (loss) for the period before taxes | 9903 | €34,719 | €4,478 | -€30,241 | -87.1% |
| Income taxes | 67/77 | - | €188 | +€188 | |
| Profit (loss) for the period | 9904 | €34,719 | €4,290 | -€30,429 | -87.6% |
| Profit (loss) for the period to be appropriated | 9905 | €34,719 | €4,290 | -€30,429 | -87.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.