FINGHIS: 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.
FINGHIS
Largest movements
- Receivables within one year +€84,583
up €84,583 (+44.6%), from €189,697 to €274,280
of which Trade receivables: +€80,254
- Trade debts +€82,138
up €82,138 (+23.9%), from €343,803 to €425,940
- Gross operating margin +€19,830
up €19,830, from -€1,784 to €18,046
- Depreciation +€1,483
up €1,483 (+26.1%), from €5,685 to €7,168
- Taxes +€1,225
up €1,225 (+275.3%), from €445 to €1,670
- Other operating charges +€1,005
up €1,005 (+40.7%), from €2,471 to €3,475
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 | €1,075,057 | €1,159,287 | +€84,230 | +7.8% |
| Fixed assets | 21/28 | €882,537 | €875,823 | -€6,714 | -0.8% |
| Tangible fixed assets | 22/27 | €24,940 | €18,226 | -€6,714 | -26.9% |
| Furniture and vehicles | 24 | €24,940 | €18,226 | -€6,714 | -26.9% |
| Financial fixed assets | 28 | €857,598 | €857,598 | = | 0.0% |
| Current assets | 29/58 | €192,519 | €283,463 | +€90,944 | +47.2% |
| Amounts receivable within one year | 40/41 | €189,697 | €274,280 | +€84,583 | +44.6% |
| Trade receivables | 40 | €184,142 | €264,396 | +€80,254 | +43.6% |
| Other amounts receivable | 41 | €5,555 | €9,885 | +€4,330 | +77.9% |
| Cash at bank and in hand | 54/58 | €2,823 | €2,937 | +€115 | +4.1% |
| Deferred charges and accrued income | 490/1 | - | €6,246 | +€6,246 | |
| Total equity and liabilities | 10/49 | €1,075,057 | €1,159,287 | +€84,230 | +7.8% |
| Equity | 10/15 | €696,257 | €701,671 | +€5,414 | +0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €677,657 | €683,071 | +€5,414 | +0.8% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,437 | €7,437 | = | 0.0% |
| Distributable reserves | 133 | €670,220 | €675,634 | +€5,414 | +0.8% |
| Amounts payable | 17/49 | €378,800 | €457,616 | +€78,816 | +20.8% |
| Amounts payable within one year | 42/48 | €378,800 | €457,616 | +€78,816 | +20.8% |
| Trade debts | 44 | €343,803 | €425,940 | +€82,138 | +23.9% |
| Suppliers | 440/4 | €343,803 | €425,940 | +€82,138 | +23.9% |
| Taxes, remuneration and social security | 45 | €34,997 | €31,676 | -€3,322 | -9.5% |
| Taxes | 450/3 | €34,997 | €31,651 | -€3,347 | -9.6% |
| Remuneration and social security | 454/9 | - | €25 | +€25 | |
| Non-recurring operating income | 76A | €19 | €0 | -€19 | -99.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,685 | €7,168 | +€1,483 | +26.1% |
| Other operating charges | 640/8 | €2,471 | €3,475 | +€1,005 | +40.7% |
| Gross operating margin | 9900 | -€1,784 | €18,046 | +€19,830 | |
| Operating profit (loss) | 9901 | -€9,940 | €7,403 | +€17,343 | |
| Financial charges | 65/66B | €477 | €318 | -€158 | -33.2% |
| Recurring financial charges | 65 | €477 | €318 | -€158 | -33.2% |
| Profit (loss) for the period before taxes | 9903 | -€10,416 | €7,084 | +€17,501 | |
| Income taxes | 67/77 | €445 | €1,670 | +€1,225 | +275.3% |
| Profit (loss) for the period | 9904 | -€10,861 | €5,414 | +€16,276 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,861 | €5,414 | +€16,276 |
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.