Finest Baits: 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.
Finest Baits
Largest movements
- Receivables after one year +€11,807
new in 2024: €11,807
- Tangible fixed assets +€2,645
new in 2024: €2,645
- Receivables within one year +€1,512
up €1,512 (+52.9%), from €2,855 to €4,366
of which Other amounts receivable: +€922
- Cash -€402
down €402 (-43.6%), from €923 to €521
mainly Receivables after one year (-€11,807) and Other debts (-€4,329)
- Reserves +€10,831
up €10,831 (+8604.7%), from €126 to €10,957
- Debts after one year +€9,000
new in 2024: €9,000
- Other debts -€4,329
no longer reported in 2024 (was €4,329)
- Tax, wage and social debts +€2,278
up €2,278 (+1414.1%), from €161 to €2,439
- Trade debts -€2,219
down €2,219 (-85.4%), from €2,599 to €380
- Gross operating margin +€13,306
up €13,306 (+2206.6%), from €603 to €13,909
- Taxes +€2,633
up €2,633 (+4708.5%), from €56 to €2,689
- Depreciation +€448
new in 2024: €448
- Financial income +€326
new in 2024: €326
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,715 | €23,276 | +€15,561 | +201.7% |
| Fixed assets | 21/28 | - | €2,645 | +€2,645 | |
| Tangible fixed assets | 22/27 | - | €2,645 | +€2,645 | |
| Plant, machinery and equipment | 23 | - | €2,645 | +€2,645 | |
| Current assets | 29/58 | €7,715 | €20,631 | +€12,916 | +167.4% |
| Amounts receivable after more than one year | 29 | - | €11,807 | +€11,807 | |
| Other amounts receivable | 291 | - | €11,807 | +€11,807 | |
| Stocks and contracts in progress | 3 | €3,937 | €3,937 | = | 0.0% |
| Stocks | 30/36 | €3,937 | €3,937 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,855 | €4,366 | +€1,512 | +52.9% |
| Trade receivables | 40 | €2,855 | €3,445 | +€590 | +20.7% |
| Other amounts receivable | 41 | - | €922 | +€922 | |
| Cash at bank and in hand | 54/58 | €923 | €521 | -€402 | -43.6% |
| Total equity and liabilities | 10/49 | €7,715 | €23,276 | +€15,561 | +201.7% |
| Equity | 10/15 | €626 | €11,457 | +€10,831 | +1730.5% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €126 | €10,957 | +€10,831 | +8604.7% |
| Distributable reserves | 133 | €126 | €10,957 | +€10,831 | +8604.7% |
| Amounts payable | 17/49 | €7,089 | €11,819 | +€4,730 | +66.7% |
| Amounts payable after more than one year | 17 | - | €9,000 | +€9,000 | |
| Financial debts | 170/4 | - | €9,000 | +€9,000 | |
| Amounts payable within one year | 42/48 | €7,089 | €2,819 | -€4,270 | -60.2% |
| Trade debts | 44 | €2,599 | €380 | -€2,219 | -85.4% |
| Suppliers | 440/4 | €2,599 | €380 | -€2,219 | -85.4% |
| Taxes, remuneration and social security | 45 | €161 | €2,439 | +€2,278 | +1414.1% |
| Taxes | 450/3 | €161 | €2,439 | +€2,278 | +1414.1% |
| Other amounts payable | 47/48 | €4,329 | - | -€4,329 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €448 | +€448 | |
| Other operating charges | 640/8 | €300 | €168 | -€132 | -44.0% |
| Gross operating margin | 9900 | €603 | €13,909 | +€13,306 | +2206.6% |
| Operating profit (loss) | 9901 | €303 | €13,293 | +€12,990 | +4287.6% |
| Financial income | 75/76B | - | €326 | +€326 | |
| Recurring financial income | 75 | - | €326 | +€326 | |
| Financial charges | 65/66B | €46 | €99 | +€53 | +116.1% |
| Recurring financial charges | 65 | €46 | €99 | +€53 | +116.1% |
| Profit (loss) for the period before taxes | 9903 | €257 | €13,520 | +€13,263 | +5153.6% |
| Income taxes | 67/77 | €56 | €2,689 | +€2,633 | +4708.5% |
| Profit (loss) for the period | 9904 | €201 | €10,831 | +€10,629 | +5277.2% |
| Profit (loss) for the period to be appropriated | 9905 | €201 | €10,831 | +€10,629 | +5277.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.