FINEXIS: 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.
FINEXIS
Largest movements
- Tangible fixed assets -€16,548
down €16,548 (-86.5%), from €19,127 to €2,579
- Receivables within one year +€9,725
up €9,725 (+5428.0%), from €179 to €9,904
- Cash -€2,825
down €2,825 (-43.3%), from €6,521 to €3,696
mainly Other debts (-€22,666) and Receivables within one year (-€9,725)
- Deferred charges and accrued income +€516
up €516 (+108.0%), from €478 to €994
- Other debts -€22,666
down €22,666 (-65.8%), from €34,437 to €11,771
- Profit (loss) carried forward +€13,058
up €13,058 (+38.7%), from -€33,728 to -€20,669
- Tax, wage and social debts +€823
up €823 (+25.2%), from €3,268 to €4,091
- Current portion of long-term debt -€329
no longer reported in 2025 (was €329)
- Depreciation -€4,357
down €4,357 (-90.8%), from €4,798 to €441
- Gross operating margin +€1,082
up €1,082 (+5.8%), from €18,529 to €19,611
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 | €26,530 | €17,398 | -€9,132 | -34.4% |
| Fixed assets | 21/28 | €19,352 | €2,804 | -€16,548 | -85.5% |
| Tangible fixed assets | 22/27 | €19,127 | €2,579 | -€16,548 | -86.5% |
| Furniture and vehicles | 24 | €19,127 | €2,579 | -€16,548 | -86.5% |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €7,178 | €14,593 | +€7,416 | +103.3% |
| Amounts receivable within one year | 40/41 | €179 | €9,904 | +€9,725 | +5428.0% |
| Trade receivables | 40 | €179 | €9,904 | +€9,725 | +5428.0% |
| Cash at bank and in hand | 54/58 | €6,521 | €3,696 | -€2,825 | -43.3% |
| Deferred charges and accrued income | 490/1 | €478 | €994 | +€516 | +108.0% |
| Total equity and liabilities | 10/49 | €26,530 | €17,398 | -€9,132 | -34.4% |
| Equity | 10/15 | -€11,803 | €1,256 | +€13,058 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €15,725 | €15,725 | = | 0.0% |
| Distributable reserves | 133 | €15,725 | €15,725 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,728 | -€20,669 | +€13,058 | +38.7% |
| Amounts payable | 17/49 | €38,332 | €16,142 | -€22,190 | -57.9% |
| Amounts payable within one year | 42/48 | €38,332 | €16,142 | -€22,190 | -57.9% |
| Current portion of amounts payable after more than one year | 42 | €329 | - | -€329 | |
| Trade debts | 44 | €298 | €280 | -€18 | -6.2% |
| Suppliers | 440/4 | €298 | €280 | -€18 | -6.2% |
| Taxes, remuneration and social security | 45 | €3,268 | €4,091 | +€823 | +25.2% |
| Taxes | 450/3 | €3,268 | €4,091 | +€823 | +25.2% |
| Other amounts payable | 47/48 | €34,437 | €11,771 | -€22,666 | -65.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,798 | €441 | -€4,357 | -90.8% |
| Other operating charges | 640/8 | €1,754 | €1,749 | -€5 | -0.3% |
| Non-recurring operating charges | 66A | - | €3,845 | +€3,845 | |
| Gross operating margin | 9900 | €18,529 | €19,611 | +€1,082 | +5.8% |
| Operating profit (loss) | 9901 | €11,977 | €13,576 | +€1,599 | +13.3% |
| Financial charges | 65/66B | €289 | €321 | +€31 | +10.9% |
| Recurring financial charges | 65 | €289 | €321 | +€31 | +10.9% |
| Profit (loss) for the period before taxes | 9903 | €11,688 | €13,255 | +€1,567 | +13.4% |
| Income taxes | 67/77 | €272 | €197 | -€75 | -27.7% |
| Profit (loss) for the period | 9904 | €11,416 | €13,058 | +€1,643 | +14.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,416 | €13,058 | +€1,643 | +14.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.