FINFLATE: 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.
FINFLATE
Largest movements
- Tangible fixed assets -€3,489
down €3,489 (-56.3%), from €6,199 to €2,710
of which Furniture and vehicles: -€6,084
- Cash +€1,606
up €1,606 (+3310.4%), from €49 to €1,654
mainly Other debts (+€36,735) and Net result for the year (+€13,864)
- Deferred charges and accrued income -€749
down €749 (-75.7%), from €990 to €241
- Receivables within one year +€595
up €595 (+11232.6%), from €5 to €601
of which Other amounts receivable: +€601
- Debts after one year -€52,458
down €52,458 (-100.0%), from €52,458 to €0
of which Other amounts payable: -€49,106
- Other debts +€36,735
up €36,735, from €0 to €36,735
- Profit (loss) carried forward +€13,864
up €13,864 (+24.2%), from -€57,315 to -€43,451
- Accrued charges and deferred income -€384
down €384 (-100.0%), from €384 to €0
- Trade debts +€203
up €203 (+9.4%), from €2,173 to €2,376
- Gross operating margin +€40,301
up €40,301, from -€18,415 to €21,886
- Depreciation -€3,813
down €3,813 (-96.6%), from €3,949 to €136
- Other operating charges +€832
up €832 (+115.2%), from €722 to €1,554
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,392 | €5,355 | -€2,037 | -27.6% |
| Fixed assets | 21/28 | €6,349 | €2,860 | -€3,489 | -55.0% |
| Tangible fixed assets | 22/27 | €6,199 | €2,710 | -€3,489 | -56.3% |
| Plant, machinery and equipment | 23 | €115 | €2,710 | +€2,595 | +2259.3% |
| Furniture and vehicles | 24 | €6,084 | €0 | -€6,084 | -100.0% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €1,043 | €2,495 | +€1,452 | +139.1% |
| Amounts receivable within one year | 40/41 | €5 | €601 | +€595 | +11232.6% |
| Trade receivables | 40 | €5 | €0 | -€5 | -100.0% |
| Other amounts receivable | 41 | €0 | €601 | +€601 | |
| Cash at bank and in hand | 54/58 | €49 | €1,654 | +€1,606 | +3310.4% |
| Deferred charges and accrued income | 490/1 | €990 | €241 | -€749 | -75.7% |
| Total equity and liabilities | 10/49 | €7,392 | €5,355 | -€2,037 | -27.6% |
| Equity | 10/15 | -€51,190 | -€37,326 | +€13,864 | +27.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €3,125 | €3,125 | = | 0.0% |
| Distributable reserves | 133 | €3,125 | €3,125 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,315 | -€43,451 | +€13,864 | +24.2% |
| Amounts payable | 17/49 | €58,582 | €42,681 | -€15,901 | -27.1% |
| Amounts payable after more than one year | 17 | €52,458 | €0 | -€52,458 | -100.0% |
| Financial debts | 170/4 | €3,352 | €0 | -€3,352 | -100.0% |
| Other amounts payable | 178/9 | €49,106 | €0 | -€49,106 | -100.0% |
| Amounts payable within one year | 42/48 | €5,739 | €42,681 | +€36,942 | +643.7% |
| Current portion of amounts payable after more than one year | 42 | €3,286 | €3,352 | +€66 | +2.0% |
| Financial debts | 43 | €0 | €24 | +€24 | |
| Credit institutions | 430/8 | €0 | €24 | +€24 | |
| Trade debts | 44 | €2,173 | €2,376 | +€203 | +9.4% |
| Suppliers | 440/4 | €2,173 | €2,376 | +€203 | +9.4% |
| Taxes, remuneration and social security | 45 | €280 | €194 | -€86 | -30.6% |
| Taxes | 450/3 | €280 | €194 | -€86 | -30.6% |
| Other amounts payable | 47/48 | €0 | €36,735 | +€36,735 | |
| Accrued charges and deferred income | 492/3 | €384 | €0 | -€384 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,949 | €136 | -€3,813 | -96.6% |
| Other operating charges | 640/8 | €722 | €1,554 | +€832 | +115.2% |
| Non-recurring operating charges | 66A | - | €5,729 | +€5,729 | |
| Gross operating margin | 9900 | -€18,415 | €21,886 | +€40,301 | |
| Operating profit (loss) | 9901 | -€23,087 | €14,467 | +€37,554 | |
| Financial income | 75/76B | €0 | €11 | +€11 | +4895.7% |
| Recurring financial income | 75 | €0 | €11 | +€11 | +4895.7% |
| Financial charges | 65/66B | €420 | €566 | +€147 | +34.9% |
| Recurring financial charges | 65 | €420 | €566 | +€147 | +34.9% |
| Profit (loss) for the period before taxes | 9903 | -€23,506 | €13,912 | +€37,418 | |
| Income taxes | 67/77 | €146 | €49 | -€97 | -66.7% |
| Profit (loss) for the period | 9904 | -€23,652 | €13,864 | +€37,516 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,652 | €13,864 | +€37,516 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.