FINGENI: 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.
FINGENI
Largest movements
- Cash -€85,716
down €85,716 (-74.2%), from €115,566 to €29,850
mainly Contributions, distributions and other (-€61,718) and Other debts (-€54,375)
- Receivables within one year +€22,529
up €22,529 (+156.7%), from €14,375 to €36,904
of which Trade receivables: +€22,345
- Tangible fixed assets -€1,613
down €1,613 (-13.0%), from €12,404 to €10,791
of which Land and buildings: -€1,728
- Other debts -€54,375
down €54,375 (-50.8%), from €106,986 to €52,611
- Tax, wage and social debts -€9,284
down €9,284 (-30.9%), from €30,027 to €20,743
- Gross operating margin +€1,429
up €1,429 (+1.8%), from €80,385 to €81,813
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 | €144,629 | €80,152 | -€64,477 | -44.6% |
| Fixed assets | 21/28 | €12,404 | €10,791 | -€1,613 | -13.0% |
| Tangible fixed assets | 22/27 | €12,404 | €10,791 | -€1,613 | -13.0% |
| Land and buildings | 22 | €10,980 | €9,252 | -€1,728 | -15.7% |
| Plant, machinery and equipment | 23 | €1,424 | €1,539 | +€115 | +8.1% |
| Current assets | 29/58 | €132,225 | €69,361 | -€62,863 | -47.5% |
| Amounts receivable within one year | 40/41 | €14,375 | €36,904 | +€22,529 | +156.7% |
| Trade receivables | 40 | €13,552 | €35,897 | +€22,345 | +164.9% |
| Other amounts receivable | 41 | €823 | €1,008 | +€184 | +22.4% |
| Cash at bank and in hand | 54/58 | €115,566 | €29,850 | -€85,716 | -74.2% |
| Deferred charges and accrued income | 490/1 | €2,284 | €2,608 | +€324 | +14.2% |
| Total equity and liabilities | 10/49 | €144,629 | €80,152 | -€64,477 | -44.6% |
| Equity | 10/15 | €6,000 | €6,000 | = | 0.0% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €138,629 | €74,152 | -€64,477 | -46.5% |
| Amounts payable within one year | 42/48 | €138,629 | €74,152 | -€64,477 | -46.5% |
| Trade debts | 44 | €1,617 | €799 | -€818 | -50.6% |
| Suppliers | 440/4 | €1,617 | €799 | -€818 | -50.6% |
| Taxes, remuneration and social security | 45 | €30,027 | €20,743 | -€9,284 | -30.9% |
| Taxes | 450/3 | €30,027 | €20,743 | -€9,284 | -30.9% |
| Other amounts payable | 47/48 | €106,986 | €52,611 | -€54,375 | -50.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,378 | €2,515 | +€137 | +5.8% |
| Other operating charges | 640/8 | €853 | €1,122 | +€269 | +31.6% |
| Gross operating margin | 9900 | €80,385 | €81,813 | +€1,429 | +1.8% |
| Operating profit (loss) | 9901 | €77,154 | €78,177 | +€1,023 | +1.3% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €141 | €143 | +€2 | +1.1% |
| Recurring financial charges | 65 | €141 | €143 | +€2 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | €77,013 | €78,034 | +€1,021 | +1.3% |
| Income taxes | 67/77 | €16,177 | €16,316 | +€139 | +0.9% |
| Profit (loss) for the period | 9904 | €60,836 | €61,718 | +€882 | +1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €60,836 | €61,718 | +€882 | +1.5% |
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 2 October 2026 via checked.be.