FINFACTORY: what changed
Two financial 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.
FINFACTORY
Largest movements
- Receivables within one year -€23,090
down €23,090 (-16.1%), from €143,144 to €120,054
of which Trade receivables: -€34,645
- Tangible fixed assets -€2,736
down €2,736 (-63.1%), from €4,337 to €1,601
of which Furniture and vehicles: -€2,637
- Reserves -€25,000
down €25,000 (-27.5%), from €91,000 to €66,000
- Tax, wage and social debts +€1,855
up €1,855 (+23.3%), from €7,972 to €9,827
- Gross operating margin -€16,599
down €16,599 (-267%), from -€6,217 to -€22,816
- Other operating charges -€1,346
down €1,346 (-63.2%), from €2,130 to €783
- Depreciation -€336
down €336 (-10.9%), from €3,072 to €2,736
- Financial charges -€239
down €239 (-67.2%), from €355 to €116
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.
Derived cash bridge
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 | €150,180 | €125,567 | -€24,613 | -16.4% |
| Fixed assets | 21/28 | €4,337 | €1,601 | -€2,736 | -63.1% |
| Tangible fixed assets | 22/27 | €4,337 | €1,601 | -€2,736 | -63.1% |
| Plant, machinery and equipment | 23 | €99 | - | -€99 | |
| Furniture and vehicles | 24 | €4,238 | €1,601 | -€2,637 | -62.2% |
| Current assets | 29/58 | €145,843 | €123,966 | -€21,877 | -15.0% |
| Amounts receivable within one year | 40/41 | €143,144 | €120,054 | -€23,090 | -16.1% |
| Trade receivables | 40 | €110,420 | €75,775 | -€34,645 | -31.4% |
| Other amounts receivable | 41 | €32,724 | €44,279 | +€11,555 | +35.3% |
| Cash at bank and in hand | 54/58 | €1,466 | €2,389 | +€923 | +63.0% |
| Deferred charges and accrued income | 490/1 | €1,233 | €1,523 | +€290 | +23.5% |
| Total equity and liabilities | 10/49 | €150,180 | €125,567 | -€24,613 | -16.4% |
| Equity | 10/15 | €99,962 | €73,537 | -€26,424 | -26.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €91,000 | €66,000 | -€25,000 | -27.5% |
| Distributable reserves | 133 | €91,000 | €66,000 | -€25,000 | -27.5% |
| Profit (loss) carried forward | 14 | €2,762 | €1,337 | -€1,424 | -51.6% |
| Amounts payable | 17/49 | €50,218 | €52,029 | +€1,812 | +3.6% |
| Amounts payable within one year | 42/48 | €50,218 | €52,029 | +€1,812 | +3.6% |
| Trade debts | 44 | €2,245 | €2,202 | -€43 | -1.9% |
| Suppliers | 440/4 | €2,245 | €2,202 | -€43 | -1.9% |
| Taxes, remuneration and social security | 45 | €7,972 | €9,827 | +€1,855 | +23.3% |
| Taxes | 450/3 | €7,972 | €9,827 | +€1,855 | +23.3% |
| Other amounts payable | 47/48 | €40,000 | €40,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,072 | €2,736 | -€336 | -10.9% |
| Other operating charges | 640/8 | €2,130 | €783 | -€1,346 | -63.2% |
| Gross operating margin | 9900 | -€6,217 | -€22,816 | -€16,599 | -267% |
| Operating profit (loss) | 9901 | -€11,419 | -€26,335 | -€14,916 | -131% |
| Financial income | 75/76B | €40 | €29 | -€11 | -27.9% |
| Recurring financial income | 75 | €40 | €29 | -€11 | -27.9% |
| Financial charges | 65/66B | €355 | €116 | -€239 | -67.2% |
| Recurring financial charges | 65 | €355 | €116 | -€239 | -67.2% |
| Profit (loss) for the period before taxes | 9903 | -€11,734 | -€26,423 | -€14,689 | -125% |
| Income taxes | 67/77 | - | €2 | +€2 | |
| Profit (loss) for the period | 9904 | -€11,734 | -€26,424 | -€14,691 | -125% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,734 | -€26,424 | -€14,691 | -125% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.