Fineway: 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.
Fineway
Largest movements
- Cash -€15,694
down €15,694 (-96.8%), from €16,211 to €517
mainly Net result for the year (-€12,951) and Tax, wage and social debts (-€10,737)
- Tangible fixed assets -€9,918
down €9,918 (-50.1%), from €19,808 to €9,890
- Receivables within one year -€1,955
down €1,955 (-14.0%), from €13,916 to €11,961
of which Trade receivables: -€2,580
- Profit (loss) carried forward -€12,951
down €12,951 (-30.6%), from -€42,285 to -€55,236
- Tax, wage and social debts -€10,737
no longer reported in 2024 (was €10,737)
of which Taxes: -€6,004
- Other debts -€4,072
down €4,072 (-4.2%), from €98,018 to €93,946
- Turnover -€153,107
no longer reported in 2024 (was €153,107)
- Purchases and services -€125,043
down €125,043 (-96.3%), from €129,909 to €4,866
- Staff costs -€45,840
down €45,840, from €43,978 to -€1,862
- Gross operating margin -€28,064
down €28,064, from €23,198 to -€4,866
- Other operating charges -€2,977
no longer reported in 2024 (was €2,977)
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 | €78,205 | €50,638 | -€27,567 | -35.2% |
| Fixed assets | 21/28 | €48,078 | €38,160 | -€9,918 | -20.6% |
| Tangible fixed assets | 22/27 | €19,808 | €9,890 | -€9,918 | -50.1% |
| Furniture and vehicles | 24 | €19,808 | €9,890 | -€9,918 | -50.1% |
| Financial fixed assets | 28 | €28,270 | €28,270 | = | 0.0% |
| Current assets | 29/58 | €30,127 | €12,478 | -€17,649 | -58.6% |
| Amounts receivable within one year | 40/41 | €13,916 | €11,961 | -€1,955 | -14.0% |
| Trade receivables | 40 | €13,354 | €10,774 | -€2,580 | -19.3% |
| Other amounts receivable | 41 | €561 | €1,187 | +€626 | +111.4% |
| Cash at bank and in hand | 54/58 | €16,211 | €517 | -€15,694 | -96.8% |
| Total equity and liabilities | 10/49 | €78,205 | €50,638 | -€27,567 | -35.2% |
| Equity | 10/15 | -€40,285 | -€53,236 | -€12,951 | -32.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,285 | -€55,236 | -€12,951 | -30.6% |
| Amounts payable | 17/49 | €118,489 | €103,874 | -€14,615 | -12.3% |
| Amounts payable within one year | 42/48 | €118,489 | €103,874 | -€14,615 | -12.3% |
| Trade debts | 44 | €9,734 | €9,928 | +€194 | +2.0% |
| Suppliers | 440/4 | €9,734 | €9,928 | +€194 | +2.0% |
| Taxes, remuneration and social security | 45 | €10,737 | - | -€10,737 | |
| Taxes | 450/3 | €6,004 | - | -€6,004 | |
| Remuneration and social security | 454/9 | €4,733 | - | -€4,733 | |
| Other amounts payable | 47/48 | €98,018 | €93,946 | -€4,072 | -4.2% |
| Turnover | 70 | €153,107 | - | -€153,107 | |
| Goods, raw materials, services and sundry goods | 60/61 | €129,909 | €4,866 | -€125,043 | -96.3% |
| Remuneration, social security and pensions | 62 | €43,978 | -€1,862 | -€45,840 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,917 | €9,917 | -€0 | 0.0% |
| Other operating charges | 640/8 | €2,977 | - | -€2,977 | |
| Gross operating margin | 9900 | €23,198 | -€4,866 | -€28,064 | |
| Operating profit (loss) | 9901 | -€33,674 | -€12,921 | +€20,753 | +61.6% |
| Financial charges | 65/66B | €94 | €30 | -€64 | -68.1% |
| Recurring financial charges | 65 | €94 | €30 | -€64 | -68.1% |
| Profit (loss) for the period before taxes | 9903 | -€33,768 | -€12,951 | +€20,817 | +61.6% |
| Profit (loss) for the period | 9904 | -€33,768 | -€12,951 | +€20,817 | +61.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,768 | -€12,951 | +€20,817 | +61.6% |
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 29 September 2026 via checked.be.