FINGER: 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.
FINGER
Largest movements
- Cash -€90,677
down €90,677 (-97.6%), from €92,951 to €2,273
mainly Investment in fixed assets (net) (-€67,494) and Debts after one year (-€56,648)
- Tangible fixed assets +€62,576
up €62,576 (+7.4%), from €851,166 to €913,742
of which Land and buildings: +€43,749
- Receivables within one year +€44,021
up €44,021 (+35.8%), from €122,981 to €167,002
of which Other amounts receivable: +€139,264
- Financial fixed assets -€27,000
down €27,000 (-99.6%), from €27,113 to €113
- Trade debts +€63,218
up €63,218 (+97.5%), from €64,843 to €128,060
- Debts after one year -€56,648
down €56,648 (-11.6%), from €490,262 to €433,613
- Reserves -€20,909
down €20,909 (-19.5%), from €107,333 to €86,424
of which Distributable reserves: -€20,909
- Short-term financial debts -€19,208
down €19,208 (-6.0%), from €320,000 to €300,792
- Other debts +€16,768
up €16,768 (+106%), from €15,806 to €32,574
- Gross operating margin +€35,969
up €35,969 (+42.6%), from €84,496 to €120,465
- Depreciation -€9,431
down €9,431 (-22.8%), from €41,348 to €31,918
- Financial income +€8,801
new in 2025: €8,801
- Other operating charges -€2,685
down €2,685 (-51.9%), from €5,173 to €2,488
- Financial charges -€2,225
down €2,225 (-6.2%), from €36,146 to €33,921
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.
Derived cash bridge
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 | €1,097,781 | €1,083,130 | -€14,652 | -1.3% |
| Fixed assets | 21/28 | €878,278 | €913,854 | +€35,576 | +4.1% |
| Tangible fixed assets | 22/27 | €851,166 | €913,742 | +€62,576 | +7.4% |
| Land and buildings | 22 | €839,527 | €883,276 | +€43,749 | +5.2% |
| Furniture and vehicles | 24 | €4,795 | €6,225 | +€1,430 | +29.8% |
| Leasing and similar rights | 25 | - | €18,463 | +€18,463 | |
| Other tangible fixed assets | 26 | €6,843 | €5,777 | -€1,067 | -15.6% |
| Financial fixed assets | 28 | €27,113 | €113 | -€27,000 | -99.6% |
| Current assets | 29/58 | €219,503 | €169,276 | -€50,228 | -22.9% |
| Amounts receivable within one year | 40/41 | €122,981 | €167,002 | +€44,021 | +35.8% |
| Trade receivables | 40 | €122,981 | €27,738 | -€95,243 | -77.4% |
| Other amounts receivable | 41 | - | €139,264 | +€139,264 | |
| Cash at bank and in hand | 54/58 | €92,951 | €2,273 | -€90,677 | -97.6% |
| Deferred charges and accrued income | 490/1 | €3,571 | €0 | -€3,571 | -100% |
| Total equity and liabilities | 10/49 | €1,097,781 | €1,083,130 | -€14,652 | -1.3% |
| Equity | 10/15 | €113,530 | €92,621 | -€20,909 | -18.4% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €107,333 | €86,424 | -€20,909 | -19.5% |
| Tax-exempt reserves | 132 | €16,455 | €16,455 | = | 0.0% |
| Distributable reserves | 133 | €90,878 | €69,969 | -€20,909 | -23.0% |
| Amounts payable | 17/49 | €984,251 | €990,509 | +€6,257 | +0.6% |
| Amounts payable after more than one year | 17 | €490,262 | €433,613 | -€56,648 | -11.6% |
| Financial debts | 170/4 | €490,262 | €433,613 | -€56,648 | -11.6% |
| Amounts payable within one year | 42/48 | €493,990 | €556,895 | +€62,906 | +12.7% |
| Current portion of amounts payable after more than one year | 42 | €72,333 | €86,707 | +€14,374 | +19.9% |
| Financial debts | 43 | €320,000 | €300,792 | -€19,208 | -6.0% |
| Credit institutions | 430/8 | €320,000 | €300,792 | -€19,208 | -6.0% |
| Trade debts | 44 | €64,843 | €128,060 | +€63,218 | +97.5% |
| Suppliers | 440/4 | €64,843 | €128,060 | +€63,218 | +97.5% |
| Taxes, remuneration and social security | 45 | €21,008 | €8,761 | -€12,246 | -58.3% |
| Taxes | 450/3 | €21,008 | €8,761 | -€12,246 | -58.3% |
| Other amounts payable | 47/48 | €15,806 | €32,574 | +€16,768 | +106% |
| Non-recurring operating income | 76A | €34,045 | €165 | -€33,880 | -99.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,348 | €31,918 | -€9,431 | -22.8% |
| Other operating charges | 640/8 | €5,173 | €2,488 | -€2,685 | -51.9% |
| Non-recurring operating charges | 66A | - | €79,030 | +€79,030 | |
| Gross operating margin | 9900 | €84,496 | €120,465 | +€35,969 | +42.6% |
| Operating profit (loss) | 9901 | €37,975 | €7,029 | -€30,946 | -81.5% |
| Financial income | 75/76B | - | €8,801 | +€8,801 | |
| Recurring financial income | 75 | - | €8,801 | +€8,801 | |
| Financial charges | 65/66B | €36,146 | €33,921 | -€2,225 | -6.2% |
| Recurring financial charges | 65 | €36,146 | €33,921 | -€2,225 | -6.2% |
| Profit (loss) for the period before taxes | 9903 | €1,829 | -€18,092 | -€19,920 | |
| Income taxes | 67/77 | €3,743 | €2,817 | -€926 | -24.7% |
| Profit (loss) for the period | 9904 | -€1,914 | -€20,909 | -€18,995 | -992% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,914 | -€20,909 | -€18,995 | -992% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.