FINFISC: 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.
FINFISC
Largest movements
- Tangible fixed assets -€30,716
down €30,716 (-4.4%), from €698,699 to €667,983
- Cash +€25,429
up €25,429 (+28.1%), from €90,426 to €115,855
mainly Net result for the year (+€54,113) and Depreciation (+€38,934)
- Reserves +€46,000
up €46,000 (+27.0%), from €170,492 to €216,492
- Other debts -€35,536
down €35,536 (-18.5%), from €192,041 to €156,505
- Debts after one year -€35,334
down €35,334 (-12.9%), from €273,833 to €238,499
- Gross operating margin +€15,352
up €15,352 (+11.9%), from €128,994 to €144,346
- Turnover +€13,213
up €13,213 (+4.3%), from €305,040 to €318,253
- Financial charges -€4,433
down €4,433 (-19.2%), from €23,091 to €18,658
- Depreciation +€4,098
up €4,098 (+11.8%), from €34,836 to €38,934
- Taxes +€3,187
up €3,187 (+13.9%), from €22,934 to €26,121
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 | €824,794 | €805,158 | -€19,636 | -2.4% |
| Fixed assets | 21/28 | €699,669 | €668,953 | -€30,716 | -4.4% |
| Tangible fixed assets | 22/27 | €698,699 | €667,983 | -€30,716 | -4.4% |
| Land and buildings | 22 | €698,699 | €667,983 | -€30,716 | -4.4% |
| Financial fixed assets | 28 | €970 | €970 | = | 0.0% |
| Current assets | 29/58 | €125,125 | €136,205 | +€11,080 | +8.9% |
| Amounts receivable within one year | 40/41 | €22,056 | €15,641 | -€6,415 | -29.1% |
| Trade receivables | 40 | €22,056 | €15,641 | -€6,415 | -29.1% |
| Cash at bank and in hand | 54/58 | €90,426 | €115,855 | +€25,429 | +28.1% |
| Deferred charges and accrued income | 490/1 | €12,643 | €4,709 | -€7,934 | -62.8% |
| Total equity and liabilities | 10/49 | €824,794 | €805,158 | -€19,636 | -2.4% |
| Equity | 10/15 | €303,465 | €350,578 | +€47,113 | +15.5% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €170,492 | €216,492 | +€46,000 | +27.0% |
| Distributable reserves | 133 | €170,492 | €216,492 | +€46,000 | +27.0% |
| Profit (loss) carried forward | 14 | €126,768 | €127,881 | +€1,113 | +0.9% |
| Amounts payable | 17/49 | €521,329 | €454,580 | -€66,749 | -12.8% |
| Amounts payable after more than one year | 17 | €273,833 | €238,499 | -€35,334 | -12.9% |
| Financial debts | 170/4 | €273,833 | €238,499 | -€35,334 | -12.9% |
| Amounts payable within one year | 42/48 | €244,012 | €206,177 | -€37,835 | -15.5% |
| Current portion of amounts payable after more than one year | 42 | €35,333 | €35,333 | = | 0.0% |
| Trade debts | 44 | €2,624 | - | -€2,624 | |
| Suppliers | 440/4 | €2,624 | - | -€2,624 | |
| Taxes, remuneration and social security | 45 | €14,014 | €14,339 | +€325 | +2.3% |
| Taxes | 450/3 | €14,014 | €14,339 | +€325 | +2.3% |
| Other amounts payable | 47/48 | €192,041 | €156,505 | -€35,536 | -18.5% |
| Accrued charges and deferred income | 492/3 | €3,484 | €9,904 | +€6,420 | +184.3% |
| Turnover | 70 | €305,040 | €318,253 | +€13,213 | +4.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €176,046 | €173,907 | -€2,139 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,836 | €38,934 | +€4,098 | +11.8% |
| Other operating charges | 640/8 | €8,735 | €8,182 | -€553 | -6.3% |
| Gross operating margin | 9900 | €128,994 | €144,346 | +€15,352 | +11.9% |
| Operating profit (loss) | 9901 | €85,423 | €97,230 | +€11,807 | +13.8% |
| Financial income | 75/76B | €218 | €1,662 | +€1,444 | +662.4% |
| Recurring financial income | 75 | €218 | €1,662 | +€1,444 | +662.4% |
| Financial charges | 65/66B | €23,091 | €18,658 | -€4,433 | -19.2% |
| Recurring financial charges | 65 | €23,091 | €18,658 | -€4,433 | -19.2% |
| Profit (loss) for the period before taxes | 9903 | €62,550 | €80,234 | +€17,684 | +28.3% |
| Income taxes | 67/77 | €22,934 | €26,121 | +€3,187 | +13.9% |
| Profit (loss) for the period | 9904 | €39,616 | €54,113 | +€14,497 | +36.6% |
| Profit (loss) for the period to be appropriated | 9905 | €39,616 | €54,113 | +€14,497 | +36.6% |
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 4 October 2026 via checked.be.