FINFINITY: 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.
FINFINITY
Largest movements
- Receivables within one year -€176,958
down €176,958 (-58.5%), from €302,253 to €125,295
of which Trade receivables: -€178,684
- Cash +€89,349
up €89,349 (+76.6%), from €116,672 to €206,021
mainly Receivables within one year (+€176,958) and Net result for the year (+€71,356)
- Tangible fixed assets +€16,611
up €16,611 (+1161.6%), from €1,430 to €18,041
of which Furniture and vehicles: +€13,045
- Intangible fixed assets -€14,094
down €14,094 (-11.0%), from €127,930 to €113,836
- Financial fixed assets +€9,801
new in 2025: €9,801
- Trade debts -€110,344
down €110,344 (-50.0%), from €220,541 to €110,197
- Other debts +€44,480
up €44,480 (+21129.7%), from €211 to €44,691
- Reserves +€26,876
up €26,876 (+50.2%), from €53,551 to €80,426
- Tax, wage and social debts -€17,562
down €17,562 (-22.0%), from €79,887 to €62,325
of which Taxes: -€24,570
- Debts after one year -€16,400
down €16,400 (-23.1%), from €71,029 to €54,629
- Gross operating margin +€138,062
up €138,062 (+84.8%), from €162,872 to €300,934
- Staff costs +€89,076
up €89,076 (+91.4%), from €97,407 to €186,483
- Other operating charges -€34,933
down €34,933 (-95.1%), from €36,745 to €1,812
- Taxes +€12,316
up €12,316 (+232.9%), from €5,289 to €17,605
- Depreciation +€5,960
up €5,960 (+51.5%), from €11,570 to €17,530
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 | €550,604 | €478,328 | -€72,275 | -13.1% |
| Fixed assets | 21/28 | €129,360 | €141,678 | +€12,318 | +9.5% |
| Intangible fixed assets | 21 | €127,930 | €113,836 | -€14,094 | -11.0% |
| Tangible fixed assets | 22/27 | €1,430 | €18,041 | +€16,611 | +1161.6% |
| Plant, machinery and equipment | 23 | €1,430 | €4,996 | +€3,566 | +249.4% |
| Furniture and vehicles | 24 | - | €13,045 | +€13,045 | |
| Financial fixed assets | 28 | - | €9,801 | +€9,801 | |
| Current assets | 29/58 | €421,244 | €336,651 | -€84,593 | -20.1% |
| Amounts receivable within one year | 40/41 | €302,253 | €125,295 | -€176,958 | -58.5% |
| Trade receivables | 40 | €301,689 | €123,005 | -€178,684 | -59.2% |
| Other amounts receivable | 41 | €564 | €2,290 | +€1,726 | +305.9% |
| Cash at bank and in hand | 54/58 | €116,672 | €206,021 | +€89,349 | +76.6% |
| Deferred charges and accrued income | 490/1 | €2,319 | €5,335 | +€3,016 | +130.1% |
| Total equity and liabilities | 10/49 | €550,604 | €478,328 | -€72,275 | -13.1% |
| Equity | 10/15 | €154,221 | €181,097 | +€26,876 | +17.4% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €53,551 | €80,426 | +€26,876 | +50.2% |
| Distributable reserves | 133 | €53,551 | €80,426 | +€26,876 | +50.2% |
| Profit (loss) carried forward | 14 | €671 | €671 | = | 0.0% |
| Amounts payable | 17/49 | €396,382 | €297,231 | -€99,151 | -25.0% |
| Amounts payable after more than one year | 17 | €71,029 | €54,629 | -€16,400 | -23.1% |
| Financial debts | 170/4 | €71,029 | €54,629 | -€16,400 | -23.1% |
| Amounts payable within one year | 42/48 | €325,354 | €242,603 | -€82,751 | -25.4% |
| Current portion of amounts payable after more than one year | 42 | €24,440 | €25,160 | +€720 | +2.9% |
| Financial debts | 43 | €275 | €230 | -€45 | -16.4% |
| Credit institutions | 430/8 | €275 | €230 | -€45 | -16.4% |
| Trade debts | 44 | €220,541 | €110,197 | -€110,344 | -50.0% |
| Suppliers | 440/4 | €220,541 | €110,197 | -€110,344 | -50.0% |
| Taxes, remuneration and social security | 45 | €79,887 | €62,325 | -€17,562 | -22.0% |
| Taxes | 450/3 | €62,011 | €37,441 | -€24,570 | -39.6% |
| Remuneration and social security | 454/9 | €17,875 | €24,884 | +€7,009 | +39.2% |
| Other amounts payable | 47/48 | €211 | €44,691 | +€44,480 | +21129.7% |
| Remuneration, social security and pensions | 62 | €97,407 | €186,483 | +€89,076 | +91.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,570 | €17,530 | +€5,960 | +51.5% |
| Other operating charges | 640/8 | €36,745 | €1,812 | -€34,933 | -95.1% |
| Gross operating margin | 9900 | €162,872 | €300,934 | +€138,062 | +84.8% |
| Operating profit (loss) | 9901 | €17,150 | €95,110 | +€77,960 | +454.6% |
| Financial income | 75/76B | €0 | €46 | +€45 | +15126.7% |
| Recurring financial income | 75 | €0 | €46 | +€45 | +15126.7% |
| Financial charges | 65/66B | €5,567 | €6,195 | +€628 | +11.3% |
| Recurring financial charges | 65 | €5,567 | €6,195 | +€628 | +11.3% |
| Profit (loss) for the period before taxes | 9903 | €11,583 | €88,960 | +€77,377 | +668.0% |
| Income taxes | 67/77 | €5,289 | €17,605 | +€12,316 | +232.9% |
| Profit (loss) for the period | 9904 | €6,294 | €71,356 | +€65,061 | +1033.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,294 | €71,356 | +€65,061 | +1033.6% |
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 11 October 2026 via checked.be.