FiNexolaR: 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.
FiNexolaR
Largest movements
- Cash -€22,616
down €22,616 (-22.6%), from €100,057 to €77,441
mainly Debts after one year (-€120,795) and Contributions, distributions and other (-€833)
- Debts after one year -€120,795
down €120,795 (-15.5%), from €778,975 to €658,180
- Reserves +€69,430
up €69,430 (+51.8%), from €134,125 to €203,555
- Tax, wage and social debts +€19,208
up €19,208 (+83.5%), from €22,998 to €42,206
- Financial income -€14,995
down €14,995 (-23.1%), from €65,000 to €50,005
- Gross operating margin +€3,621
up €3,621 (+7.8%), from €46,646 to €50,267
- Depreciation +€676
up €676 (+7.9%), from €8,542 to €9,218
- Other operating charges +€627
up €627 (+69.4%), from €903 to €1,530
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 | €958,937 | €927,274 | -€31,663 | -3.3% |
| Formation expenses | 20 | €368 | €0 | -€368 | -100.0% |
| Fixed assets | 21/28 | €855,731 | €846,881 | -€8,850 | -1.0% |
| Tangible fixed assets | 22/27 | €16,737 | €7,888 | -€8,850 | -52.9% |
| Furniture and vehicles | 24 | €16,737 | €7,888 | -€8,850 | -52.9% |
| Financial fixed assets | 28 | €838,993 | €838,993 | = | 0.0% |
| Current assets | 29/58 | €102,838 | €80,393 | -€22,446 | -21.8% |
| Cash at bank and in hand | 54/58 | €100,057 | €77,441 | -€22,616 | -22.6% |
| Deferred charges and accrued income | 490/1 | €2,782 | €2,952 | +€170 | +6.1% |
| Total equity and liabilities | 10/49 | €958,937 | €927,274 | -€31,663 | -3.3% |
| Equity | 10/15 | €154,125 | €223,555 | +€69,430 | +45.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €134,125 | €203,555 | +€69,430 | +51.8% |
| Distributable reserves | 133 | €134,125 | €203,555 | +€69,430 | +51.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €804,812 | €703,719 | -€101,093 | -12.6% |
| Amounts payable after more than one year | 17 | €778,975 | €658,180 | -€120,795 | -15.5% |
| Other amounts payable | 178/9 | €778,975 | €658,180 | -€120,795 | -15.5% |
| Amounts payable within one year | 42/48 | €25,837 | €45,539 | +€19,702 | +76.3% |
| Trade debts | 44 | €1,875 | €2,500 | +€625 | +33.4% |
| Suppliers | 440/4 | €1,875 | €2,500 | +€625 | +33.4% |
| Taxes, remuneration and social security | 45 | €22,998 | €42,206 | +€19,208 | +83.5% |
| Taxes | 450/3 | €22,998 | €42,206 | +€19,208 | +83.5% |
| Other amounts payable | 47/48 | €964 | €833 | -€131 | -13.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,542 | €9,218 | +€676 | +7.9% |
| Other operating charges | 640/8 | €903 | €1,530 | +€627 | +69.4% |
| Gross operating margin | 9900 | €46,646 | €50,267 | +€3,621 | +7.8% |
| Operating profit (loss) | 9901 | €37,201 | €39,520 | +€2,318 | +6.2% |
| Financial income | 75/76B | €65,000 | €50,005 | -€14,995 | -23.1% |
| Recurring financial income | 75 | €65,000 | €50,005 | -€14,995 | -23.1% |
| Financial charges | 65/66B | €3 | €54 | +€51 | +1703.0% |
| Recurring financial charges | 65 | €3 | €54 | +€51 | +1703.0% |
| Profit (loss) for the period before taxes | 9903 | €102,198 | €89,471 | -€12,728 | -12.5% |
| Income taxes | 67/77 | €19,498 | €19,208 | -€291 | -1.5% |
| Profit (loss) for the period | 9904 | €82,700 | €70,263 | -€12,437 | -15.0% |
| Profit (loss) for the period to be appropriated | 9905 | €82,700 | €70,263 | -€12,437 | -15.0% |
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.