Finexa Accountancy: what changed
Finexa Accountancy
Largest movements
- Receivables within one year +€97,556
up €97,556 (+80.2%), from €121,638 to €219,194
of which Trade receivables: +€107,281
- Intangible fixed assets -€78,587
down €78,587 (-16.8%), from €468,021 to €389,434
- Cash -€14,281
down €14,281 (-59.4%), from €24,032 to €9,751
mainly Debts after one year (-€110,273) and Receivables within one year (-€97,556)
- Stocks and contracts -€12,413
down €12,413 (-5.3%), from €232,213 to €219,801
- Debts after one year -€110,273
down €110,273 (-17.9%), from €614,999 to €504,726
of which Financial debts: -€94,773
- Trade debts +€40,646
up €40,646 (+77.1%), from €52,687 to €93,334
- Profit (loss) carried forward +€36,617
up €36,617 (+78.8%), from -€46,442 to -€9,824
- Tax, wage and social debts +€26,967
up €26,967 (+45.5%), from €59,256 to €86,223
of which Taxes: +€28,249
- Short-term financial debts +€12,758
up €12,758 (+7.8%), from €162,744 to €175,503
- Gross operating margin +€64,919
up €64,919 (+11.6%), from €558,730 to €623,650
- Depreciation +€31,731
up €31,731 (+40.7%), from €78,000 to €109,731
- Staff costs -€20,678
down €20,678 (-4.8%), from €430,256 to €409,578
- Financial charges +€16,264
up €16,264 (+53.2%), from €30,566 to €46,830
of which Financial charges: +€10,366
- Taxes +€8,129
up €8,129 (+5,797%), from €140 to €8,270
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,027,897 | €1,037,717 | +€9,819 | +1.0% |
| Fixed assets | 21/28 | €563,708 | €499,083 | -€64,625 | -11.5% |
| Intangible fixed assets | 21 | €468,021 | €389,434 | -€78,587 | -16.8% |
| Tangible fixed assets | 22/27 | €95,616 | €101,778 | +€6,162 | +6.4% |
| Furniture and vehicles | 24 | €36,083 | €27,512 | -€8,572 | -23.8% |
| Other tangible fixed assets | 26 | €59,533 | €74,267 | +€14,734 | +24.7% |
| Financial fixed assets | 28 | €71 | €7,871 | +€7,800 | +11,017% |
| Current assets | 29/58 | €464,189 | €538,634 | +€74,444 | +16.0% |
| Stocks and contracts in progress | 3 | €232,213 | €219,801 | -€12,413 | -5.3% |
| Contracts in progress | 37 | €232,213 | €219,801 | -€12,413 | -5.3% |
| Amounts receivable within one year | 40/41 | €121,638 | €219,194 | +€97,556 | +80.2% |
| Trade receivables | 40 | €102,540 | €209,822 | +€107,281 | +105% |
| Other amounts receivable | 41 | €19,098 | €9,372 | -€9,725 | -50.9% |
| Cash at bank and in hand | 54/58 | €24,032 | €9,751 | -€14,281 | -59.4% |
| Deferred charges and accrued income | 490/1 | €86,307 | €89,888 | +€3,582 | +4.1% |
| Total equity and liabilities | 10/49 | €1,027,897 | €1,037,717 | +€9,819 | +1.0% |
| Equity | 10/15 | -€36,442 | €176 | +€36,617 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,442 | -€9,824 | +€36,617 | +78.8% |
| Amounts payable | 17/49 | €1,064,339 | €1,037,541 | -€26,798 | -2.5% |
| Amounts payable after more than one year | 17 | €614,999 | €504,726 | -€110,273 | -17.9% |
| Financial debts | 170/4 | €184,499 | €89,726 | -€94,773 | -51.4% |
| Other amounts payable | 178/9 | €430,500 | €415,000 | -€15,500 | -3.6% |
| Amounts payable within one year | 42/48 | €447,186 | €530,745 | +€83,559 | +18.7% |
| Current portion of amounts payable after more than one year | 42 | €103,345 | €104,773 | +€1,428 | +1.4% |
| Financial debts | 43 | €162,744 | €175,503 | +€12,758 | +7.8% |
| Credit institutions | 430/8 | €162,744 | €175,503 | +€12,758 | +7.8% |
| Trade debts | 44 | €52,687 | €93,334 | +€40,646 | +77.1% |
| Suppliers | 440/4 | €52,687 | €93,334 | +€40,646 | +77.1% |
| Taxes, remuneration and social security | 45 | €59,256 | €86,223 | +€26,967 | +45.5% |
| Taxes | 450/3 | €9,522 | €37,772 | +€28,249 | +297% |
| Remuneration and social security | 454/9 | €49,733 | €48,451 | -€1,283 | -2.6% |
| Other amounts payable | 47/48 | €69,154 | €70,913 | +€1,759 | +2.5% |
| Accrued charges and deferred income | 492/3 | €2,153 | €2,070 | -€83 | -3.9% |
| Remuneration, social security and pensions | 62 | €430,256 | €409,578 | -€20,678 | -4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,000 | €109,731 | +€31,731 | +40.7% |
| Other operating charges | 640/8 | €9,324 | €16,036 | +€6,712 | +72.0% |
| Gross operating margin | 9900 | €558,730 | €623,650 | +€64,919 | +11.6% |
| Operating profit (loss) | 9901 | €41,150 | €88,305 | +€47,155 | +115% |
| Financial income | 75/76B | €804 | €3,412 | +€2,609 | +325% |
| Recurring financial income | 75 | €448 | €287 | -€160 | -35.8% |
| Non-recurring financial income | 76B | €356 | €3,125 | +€2,769 | +777% |
| Financial charges | 65/66B | €30,566 | €46,830 | +€16,264 | +53.2% |
| Recurring financial charges | 65 | €30,461 | €40,827 | +€10,366 | +34.0% |
| Non-recurring financial charges | 66B | €106 | €6,003 | +€5,898 | +5,590% |
| Profit (loss) for the period before taxes | 9903 | €11,388 | €44,887 | +€33,499 | +294% |
| Income taxes | 67/77 | €140 | €8,270 | +€8,129 | +5,797% |
| Profit (loss) for the period | 9904 | €11,248 | €36,617 | +€25,370 | +226% |
| Profit (loss) for the period to be appropriated | 9905 | €11,248 | €36,617 | +€25,370 | +226% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.