FINEST VENTURES: what changed
Two financial 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 VENTURES
Largest movements
- Tangible fixed assets +€32,035
up €32,035 (+596%), from €5,372 to €37,407
of which Furniture and vehicles: +€30,872
- Receivables within one year -€19,576
down €19,576 (-61.8%), from €31,676 to €12,100
of which Other amounts receivable: -€12,652
- Current investments +€14,500
new in 2024: €14,500
- Cash -€1,501
no longer reported in 2024 (was €1,501)
mainly Contributions, distributions and other (-€37,609) and Investment in fixed assets (net) (-€34,520)
- Deferred charges and accrued income -€834
no longer reported in 2024 (was €834)
- Debts after one year +€26,788
new in 2024: €26,788
- Other debts -€16,315
down €16,315 (-72.6%), from €22,460 to €6,145
- Current portion of long-term debt +€6,202
new in 2024: €6,202
- Short-term financial debts +€4,610
new in 2024: €4,610
- Tax, wage and social debts +€4,003
up €4,003 (+30.9%), from €12,940 to €16,943
- Gross operating margin +€30,331
up €30,331 (+111%), from €27,330 to €57,661
- Taxes +€9,796
up €9,796 (+168%), from €5,830 to €15,626
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.
Derived cash bridge
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 | €39,384 | €64,007 | +€24,623 | +62.5% |
| Fixed assets | 21/28 | €5,372 | €37,407 | +€32,035 | +596% |
| Tangible fixed assets | 22/27 | €5,372 | €37,407 | +€32,035 | +596% |
| Furniture and vehicles | 24 | €4,705 | €35,577 | +€30,872 | +656% |
| Other tangible fixed assets | 26 | €668 | €1,830 | +€1,163 | +174% |
| Current assets | 29/58 | €34,011 | €26,600 | -€7,411 | -21.8% |
| Amounts receivable within one year | 40/41 | €31,676 | €12,100 | -€19,576 | -61.8% |
| Trade receivables | 40 | €19,024 | €12,100 | -€6,924 | -36.4% |
| Other amounts receivable | 41 | €12,652 | - | -€12,652 | |
| Current investments | 50/53 | - | €14,500 | +€14,500 | |
| Cash at bank and in hand | 54/58 | €1,501 | - | -€1,501 | |
| Deferred charges and accrued income | 490/1 | €834 | - | -€834 | |
| Total equity and liabilities | 10/49 | €39,384 | €64,007 | +€24,623 | +62.5% |
| Equity | 10/15 | €1,800 | €1,800 | = | 0.0% |
| Contributions | 10/11 | €1,800 | €1,800 | = | 0.0% |
| Contributions outside capital | 11 | €1,800 | - | -€1,800 | |
| Other | 1109/19 | €1,800 | - | -€1,800 | |
| Amounts payable | 17/49 | €37,584 | €62,207 | +€24,623 | +65.5% |
| Amounts payable after more than one year | 17 | - | €26,788 | +€26,788 | |
| Financial debts | 170/4 | - | €26,788 | +€26,788 | |
| Amounts payable within one year | 42/48 | €37,584 | €35,419 | -€2,165 | -5.8% |
| Current portion of amounts payable after more than one year | 42 | - | €6,202 | +€6,202 | |
| Financial debts | 43 | - | €4,610 | +€4,610 | |
| Credit institutions | 430/8 | - | €4,610 | +€4,610 | |
| Trade debts | 44 | €2,184 | €1,519 | -€665 | -30.4% |
| Suppliers | 440/4 | €2,184 | €1,519 | -€665 | -30.4% |
| Taxes, remuneration and social security | 45 | €12,940 | €16,943 | +€4,003 | +30.9% |
| Taxes | 450/3 | €12,940 | €16,943 | +€4,003 | +30.9% |
| Other amounts payable | 47/48 | €22,460 | €6,145 | -€16,315 | -72.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,144 | €2,486 | +€342 | +15.9% |
| Other operating charges | 640/8 | €371 | €394 | +€24 | +6.4% |
| Gross operating margin | 9900 | €27,330 | €57,661 | +€30,331 | +111% |
| Operating profit (loss) | 9901 | €24,815 | €54,781 | +€29,966 | +121% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,106 | €1,546 | +€440 | +39.8% |
| Recurring financial charges | 65 | €1,106 | €1,546 | +€440 | +39.8% |
| Profit (loss) for the period before taxes | 9903 | €23,709 | €53,235 | +€29,526 | +125% |
| Income taxes | 67/77 | €5,830 | €15,626 | +€9,796 | +168% |
| Profit (loss) for the period | 9904 | €17,879 | €37,609 | +€19,730 | +110% |
| Profit (loss) for the period to be appropriated | 9905 | €17,879 | €37,609 | +€19,730 | +110% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.