FINGEST: 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.
FINGEST
Largest movements
- Current investments -€74,992
down €74,992 (-18.7%), from €400,119 to €325,127
- Tangible fixed assets -€12,822
down €12,822 (-3.8%), from €335,454 to €322,632
- Tax, wage and social debts -€53,825
down €53,825 (-80.4%), from €66,947 to €13,123
- Reserves -€40,000
down €40,000 (-95.6%), from €41,860 to €1,860
of which Distributable reserves: -€40,000
- Debts after one year -€26,311
down €26,311 (-18.1%), from €145,565 to €119,255
- Other debts +€25,125
up €25,125 (+147.8%), from €17,000 to €42,125
- Profit (loss) carried forward +€10,300
up €10,300 (+2.5%), from €412,430 to €422,730
- Financial income -€5,381
down €5,381 (-37.9%), from €14,179 to €8,799
- Gross operating margin -€4,094
down €4,094 (-15.6%), from €26,259 to €22,165
- Taxes -€2,311
down €2,311 (-37.7%), from €6,139 to €3,827
- Financial charges -€364
down €364 (-15.5%), from €2,347 to €1,983
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 | €741,684 | €652,539 | -€89,145 | -12.0% |
| Fixed assets | 21/28 | €335,454 | €322,632 | -€12,822 | -3.8% |
| Tangible fixed assets | 22/27 | €335,454 | €322,632 | -€12,822 | -3.8% |
| Land and buildings | 22 | €302,557 | €296,934 | -€5,623 | -1.9% |
| Furniture and vehicles | 24 | €13,313 | €8,614 | -€4,699 | -35.3% |
| Other tangible fixed assets | 26 | €19,583 | €17,083 | -€2,500 | -12.8% |
| Current assets | 29/58 | €406,230 | €329,907 | -€76,323 | -18.8% |
| Current investments | 50/53 | €400,119 | €325,127 | -€74,992 | -18.7% |
| Cash at bank and in hand | 54/58 | €6,111 | €4,780 | -€1,331 | -21.8% |
| Total equity and liabilities | 10/49 | €741,684 | €652,539 | -€89,145 | -12.0% |
| Equity | 10/15 | €472,890 | €443,190 | -€29,700 | -6.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €41,860 | €1,860 | -€40,000 | -95.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €40,000 | - | -€40,000 | |
| Profit (loss) carried forward | 14 | €412,430 | €422,730 | +€10,300 | +2.5% |
| Amounts payable | 17/49 | €268,794 | €209,349 | -€59,445 | -22.1% |
| Amounts payable after more than one year | 17 | €145,565 | €119,255 | -€26,311 | -18.1% |
| Financial debts | 170/4 | €145,565 | €119,255 | -€26,311 | -18.1% |
| Amounts payable within one year | 42/48 | €123,229 | €90,094 | -€33,134 | -26.9% |
| Current portion of amounts payable after more than one year | 42 | €31,149 | €26,311 | -€4,838 | -15.5% |
| Trade debts | 44 | €8,132 | €8,536 | +€404 | +5.0% |
| Suppliers | 440/4 | €8,132 | €8,536 | +€404 | +5.0% |
| Taxes, remuneration and social security | 45 | €66,947 | €13,123 | -€53,825 | -80.4% |
| Taxes | 450/3 | €66,947 | €13,123 | -€53,825 | -80.4% |
| Other amounts payable | 47/48 | €17,000 | €42,125 | +€25,125 | +147.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,822 | €12,822 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,969 | €2,032 | +€62 | +3.2% |
| Gross operating margin | 9900 | €26,259 | €22,165 | -€4,094 | -15.6% |
| Operating profit (loss) | 9901 | €11,468 | €7,311 | -€4,156 | -36.2% |
| Financial income | 75/76B | €14,179 | €8,799 | -€5,381 | -37.9% |
| Recurring financial income | 75 | €14,179 | €8,799 | -€5,381 | -37.9% |
| Financial charges | 65/66B | €2,347 | €1,983 | -€364 | -15.5% |
| Recurring financial charges | 65 | €2,347 | €1,983 | -€364 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | €23,300 | €14,127 | -€9,173 | -39.4% |
| Income taxes | 67/77 | €6,139 | €3,827 | -€2,311 | -37.7% |
| Profit (loss) for the period | 9904 | €17,161 | €10,300 | -€6,861 | -40.0% |
| Profit (loss) for the period to be appropriated | 9905 | €17,161 | €10,300 | -€6,861 | -40.0% |
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 3 October 2026 via checked.be.