FINESSE PLUS: 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.
FINESSE PLUS
Largest movements
- Cash +€36,378
up €36,378 (+84.7%), from €42,969 to €79,347
mainly Accrued charges and deferred income (+€40,851) and Current investments (+€19,104)
- Current investments -€19,104
down €19,104 (-100.0%), from €19,104 to €0
- Tangible fixed assets -€3,137
down €3,137 (-15.8%), from €19,874 to €16,737
of which Furniture and vehicles: -€1,918
- Stocks and contracts +€3,042
up €3,042 (+13.6%), from €22,326 to €25,368
- Deferred charges and accrued income +€1,743
up €1,743 (+323.3%), from €539 to €2,282
- Accrued charges and deferred income +€40,851
up €40,851 (+1944.3%), from €2,101 to €42,952
- Current portion of long-term debt -€11,885
down €11,885 (-100.0%), from €11,885 to €0
- Tax, wage and social debts -€5,967
down €5,967 (-22.5%), from €26,479 to €20,512
of which Taxes: -€11,899
- Trade debts -€5,457
down €5,457 (-27.4%), from €19,917 to €14,460
- Profit (loss) carried forward +€2,285
up €2,285 (+34.2%), from -€6,673 to -€4,388
- Gross operating margin -€98,840
down €98,840 (-35.4%), from €279,056 to €180,216
- Staff costs -€64,491
down €64,491 (-27.5%), from €234,644 to €170,153
- Depreciation -€14,284
down €14,284 (-69.7%), from €20,500 to €6,216
- Taxes -€4,840
down €4,840 (-76.4%), from €6,339 to €1,499
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 | €104,812 | €123,807 | +€18,995 | +18.1% |
| Fixed assets | 21/28 | €19,874 | €16,737 | -€3,137 | -15.8% |
| Tangible fixed assets | 22/27 | €19,874 | €16,737 | -€3,137 | -15.8% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €10,970 | €9,751 | -€1,219 | -11.1% |
| Furniture and vehicles | 24 | €8,904 | €6,986 | -€1,918 | -21.5% |
| Current assets | 29/58 | €84,938 | €107,069 | +€22,131 | +26.1% |
| Stocks and contracts in progress | 3 | €22,326 | €25,368 | +€3,042 | +13.6% |
| Stocks | 30/36 | €22,326 | €25,368 | +€3,042 | +13.6% |
| Amounts receivable within one year | 40/41 | €0 | €73 | +€73 | |
| Trade receivables | 40 | €0 | €71 | +€71 | |
| Other amounts receivable | 41 | - | €2 | +€2 | |
| Current investments | 50/53 | €19,104 | €0 | -€19,104 | -100.0% |
| Cash at bank and in hand | 54/58 | €42,969 | €79,347 | +€36,378 | +84.7% |
| Deferred charges and accrued income | 490/1 | €539 | €2,282 | +€1,743 | +323.3% |
| Total equity and liabilities | 10/49 | €104,812 | €123,807 | +€18,995 | +18.1% |
| Equity | 10/15 | €18,036 | €18,489 | +€453 | +2.5% |
| Contributions | 10/11 | €10,294 | €10,294 | -€0 | 0.0% |
| Reserves | 13 | €14,416 | €12,584 | -€1,832 | -12.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Other | 1319 | €0 | - | = | |
| Tax-exempt reserves | 132 | €2,225 | €2,225 | +€0 | 0.0% |
| Distributable reserves | 133 | €12,191 | €10,358 | -€1,833 | -15.0% |
| Profit (loss) carried forward | 14 | -€6,673 | -€4,388 | +€2,285 | +34.2% |
| Amounts payable | 17/49 | €86,775 | €105,317 | +€18,542 | +21.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €84,674 | €62,366 | -€22,308 | -26.3% |
| Current portion of amounts payable after more than one year | 42 | €11,885 | €0 | -€11,885 | -100.0% |
| Trade debts | 44 | €19,917 | €14,460 | -€5,457 | -27.4% |
| Suppliers | 440/4 | €19,917 | €14,460 | -€5,457 | -27.4% |
| Taxes, remuneration and social security | 45 | €26,479 | €20,512 | -€5,967 | -22.5% |
| Taxes | 450/3 | €18,325 | €6,426 | -€11,899 | -64.9% |
| Remuneration and social security | 454/9 | €8,154 | €14,086 | +€5,932 | +72.8% |
| Other amounts payable | 47/48 | €26,393 | €27,393 | +€1,000 | +3.8% |
| Accrued charges and deferred income | 492/3 | €2,101 | €42,952 | +€40,851 | +1944.3% |
| Non-recurring operating income | 76A | €700 | €8,079 | +€7,379 | +1054.1% |
| Remuneration, social security and pensions | 62 | €234,644 | €170,153 | -€64,491 | -27.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,500 | €6,216 | -€14,284 | -69.7% |
| Other operating charges | 640/8 | €3,585 | €2,264 | -€1,321 | -36.8% |
| Gross operating margin | 9900 | €279,056 | €180,216 | -€98,840 | -35.4% |
| Operating profit (loss) | 9901 | €20,326 | €1,583 | -€18,743 | -92.2% |
| Financial income | 75/76B | €11 | €1,938 | +€1,927 | +17514.9% |
| Recurring financial income | 75 | €11 | €1,938 | +€1,927 | +17514.9% |
| Financial charges | 65/66B | €2,630 | €1,569 | -€1,061 | -40.3% |
| Recurring financial charges | 65 | €2,630 | €1,569 | -€1,061 | -40.3% |
| Profit (loss) for the period before taxes | 9903 | €17,708 | €1,952 | -€15,756 | -89.0% |
| Income taxes | 67/77 | €6,339 | €1,499 | -€4,840 | -76.4% |
| Profit (loss) for the period | 9904 | €11,369 | €453 | -€10,916 | -96.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,369 | €453 | -€10,916 | -96.0% |
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 5 October 2026 via checked.be.