FINFAIN: 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.
FINFAIN
Largest movements
- Cash +€92,317
up €92,317 (+685.9%), from €13,458 to €105,775
mainly Net result for the year (+€58,698) and Current investments (+€29,865)
- Current investments -€29,865
down €29,865 (-74.7%), from €40,000 to €10,135
- Receivables within one year +€10,180
up €10,180 (+70.8%), from €14,385 to €24,564
- Tangible fixed assets -€7,217
down €7,217 (-31.5%), from €22,902 to €15,684
of which Furniture and vehicles: -€7,033
- Profit (loss) carried forward +€58,698
up €58,698 (+102.6%), from €57,228 to €115,926
- Accrued charges and deferred income +€7,130
new in 2025: €7,130
- Debts after one year -€6,000
down €6,000 (-40.0%), from €15,000 to €9,000
- Tax, wage and social debts +€5,846
up €5,846 (+65.3%), from €8,955 to €14,802
- Gross operating margin +€14,190
up €14,190 (+20.6%), from €68,719 to €82,909
- Taxes +€2,765
up €2,765 (+19.9%), from €13,880 to €16,645
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 | €91,719 | €156,416 | +€64,697 | +70.5% |
| Fixed assets | 21/28 | €22,902 | €15,684 | -€7,217 | -31.5% |
| Tangible fixed assets | 22/27 | €22,902 | €15,684 | -€7,217 | -31.5% |
| Furniture and vehicles | 24 | €22,192 | €15,159 | -€7,033 | -31.7% |
| Other tangible fixed assets | 26 | €710 | €525 | -€185 | -26.0% |
| Current assets | 29/58 | €68,817 | €140,732 | +€71,914 | +104.5% |
| Amounts receivable within one year | 40/41 | €14,385 | €24,564 | +€10,180 | +70.8% |
| Trade receivables | 40 | €14,385 | €24,564 | +€10,180 | +70.8% |
| Current investments | 50/53 | €40,000 | €10,135 | -€29,865 | -74.7% |
| Cash at bank and in hand | 54/58 | €13,458 | €105,775 | +€92,317 | +685.9% |
| Deferred charges and accrued income | 490/1 | €974 | €257 | -€717 | -73.6% |
| Total equity and liabilities | 10/49 | €91,719 | €156,416 | +€64,697 | +70.5% |
| Equity | 10/15 | €60,228 | €118,926 | +€58,698 | +97.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,228 | €115,926 | +€58,698 | +102.6% |
| Amounts payable | 17/49 | €31,491 | €37,490 | +€5,999 | +19.1% |
| Amounts payable after more than one year | 17 | €15,000 | €9,000 | -€6,000 | -40.0% |
| Financial debts | 170/4 | €15,000 | €9,000 | -€6,000 | -40.0% |
| Amounts payable within one year | 42/48 | €16,491 | €21,360 | +€4,870 | +29.5% |
| Current portion of amounts payable after more than one year | 42 | €6,000 | €6,000 | = | 0.0% |
| Trade debts | 44 | €369 | €18 | -€351 | -95.2% |
| Suppliers | 440/4 | €369 | €18 | -€351 | -95.2% |
| Taxes, remuneration and social security | 45 | €8,955 | €14,802 | +€5,846 | +65.3% |
| Taxes | 450/3 | €8,955 | €14,802 | +€5,846 | +65.3% |
| Other amounts payable | 47/48 | €1,166 | €541 | -€626 | -53.6% |
| Accrued charges and deferred income | 492/3 | - | €7,130 | +€7,130 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,217 | €7,217 | +€0 | 0.0% |
| Other operating charges | 640/8 | €1,031 | €590 | -€441 | -42.7% |
| Gross operating margin | 9900 | €68,719 | €82,909 | +€14,190 | +20.6% |
| Operating profit (loss) | 9901 | €60,471 | €75,102 | +€14,631 | +24.2% |
| Financial income | 75/76B | €175 | €889 | +€714 | +408.0% |
| Recurring financial income | 75 | €175 | €889 | +€714 | +408.0% |
| Financial charges | 65/66B | €833 | €648 | -€185 | -22.2% |
| Recurring financial charges | 65 | €833 | €648 | -€185 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | €59,813 | €75,343 | +€15,530 | +26.0% |
| Income taxes | 67/77 | €13,880 | €16,645 | +€2,765 | +19.9% |
| Profit (loss) for the period | 9904 | €45,933 | €58,698 | +€12,765 | +27.8% |
| Profit (loss) for the period to be appropriated | 9905 | €45,933 | €58,698 | +€12,765 | +27.8% |
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 5 October 2026 via checked.be.