FINéus: 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.
FINéus
Largest movements
- Tangible fixed assets -€17,525
down €17,525 (-41.4%), from €42,346 to €24,821
of which Furniture and vehicles: -€17,277
- Cash -€5,022
down €5,022 (-64.8%), from €7,751 to €2,728
mainly Other debts (-€19,969) and Debts after one year (-€9,650)
- Deferred charges and accrued income -€2,046
down €2,046 (-13.8%), from €14,789 to €12,744
- Other debts -€19,969
down €19,969 (-67.5%), from €29,592 to €9,623
- Debts after one year -€9,650
down €9,650 (-77.9%), from €12,385 to €2,734
- Profit (loss) carried forward +€7,233
up €7,233 (+70.5%), from €10,258 to €17,491
- Trade debts -€3,472
down €3,472 (-21.5%), from €16,138 to €12,666
- Tax, wage and social debts +€2,607
up €2,607 (+42.8%), from €6,096 to €8,702
of which Remuneration and social security: +€2,592
- Financial charges -€14,955
down €14,955 (-43.9%), from €34,030 to €19,074
- Gross operating margin -€10,293
down €10,293 (-9.6%), from €106,719 to €96,427
- Depreciation +€6,101
up €6,101 (+36.1%), from €16,905 to €23,006
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 | €106,920 | €81,327 | -€25,593 | -23.9% |
| Fixed assets | 21/28 | €84,380 | €65,855 | -€18,525 | -22.0% |
| Intangible fixed assets | 21 | €7,866 | €6,866 | -€1,000 | -12.7% |
| Tangible fixed assets | 22/27 | €42,346 | €24,821 | -€17,525 | -41.4% |
| Land and buildings | 22 | €2,771 | €3,504 | +€733 | +26.4% |
| Plant, machinery and equipment | 23 | €550 | €331 | -€220 | -39.9% |
| Furniture and vehicles | 24 | €38,016 | €20,739 | -€17,277 | -45.4% |
| Other tangible fixed assets | 26 | €1,009 | €248 | -€761 | -75.4% |
| Financial fixed assets | 28 | €34,168 | €34,168 | = | 0.0% |
| Current assets | 29/58 | €22,540 | €15,472 | -€7,068 | -31.4% |
| Cash at bank and in hand | 54/58 | €7,751 | €2,728 | -€5,022 | -64.8% |
| Deferred charges and accrued income | 490/1 | €14,789 | €12,744 | -€2,046 | -13.8% |
| Total equity and liabilities | 10/49 | €106,920 | €81,327 | -€25,593 | -23.9% |
| Equity | 10/15 | €30,718 | €37,951 | +€7,233 | +23.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,258 | €17,491 | +€7,233 | +70.5% |
| Amounts payable | 17/49 | €76,201 | €43,376 | -€32,826 | -43.1% |
| Amounts payable after more than one year | 17 | €12,385 | €2,734 | -€9,650 | -77.9% |
| Financial debts | 170/4 | €12,385 | €2,734 | -€9,650 | -77.9% |
| Amounts payable within one year | 42/48 | €63,817 | €40,641 | -€23,175 | -36.3% |
| Current portion of amounts payable after more than one year | 42 | €11,992 | €9,650 | -€2,342 | -19.5% |
| Trade debts | 44 | €16,138 | €12,666 | -€3,472 | -21.5% |
| Suppliers | 440/4 | €16,138 | €12,666 | -€3,472 | -21.5% |
| Taxes, remuneration and social security | 45 | €6,096 | €8,702 | +€2,607 | +42.8% |
| Taxes | 450/3 | €271 | €285 | +€14 | +5.3% |
| Remuneration and social security | 454/9 | €5,825 | €8,417 | +€2,592 | +44.5% |
| Other amounts payable | 47/48 | €29,592 | €9,623 | -€19,969 | -67.5% |
| Remuneration, social security and pensions | 62 | €44,948 | €45,711 | +€763 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,905 | €23,006 | +€6,101 | +36.1% |
| Other operating charges | 640/8 | €786 | €1,117 | +€331 | +42.1% |
| Gross operating margin | 9900 | €106,719 | €96,427 | -€10,293 | -9.6% |
| Operating profit (loss) | 9901 | €44,080 | €26,593 | -€17,487 | -39.7% |
| Financial charges | 65/66B | €34,030 | €19,074 | -€14,955 | -43.9% |
| Recurring financial charges | 65 | €34,030 | €19,074 | -€14,955 | -43.9% |
| Profit (loss) for the period before taxes | 9903 | €10,050 | €7,518 | -€2,532 | -25.2% |
| Income taxes | 67/77 | €271 | €285 | +€14 | +5.3% |
| Profit (loss) for the period | 9904 | €9,780 | €7,233 | -€2,547 | -26.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,780 | €7,233 | -€2,547 | -26.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.