FINHANSA: 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.
FINHANSA
Largest movements
- Cash +€175,310
up €175,310 (+135.3%), from €129,594 to €304,904
mainly Net result for the year (+€263,398) and Receivables within one year (+€171,542)
- Receivables within one year -€171,542
no longer reported in 2025 (was €171,542)
- Current investments -€63,579
down €63,579 (-25.0%), from €254,071 to €190,493
- Tangible fixed assets -€12,422
down €12,422 (-72.0%), from €17,257 to €4,835
of which Furniture and vehicles: -€10,008
- Reserves -€175,000
down €175,000 (-97.8%), from €178,872 to €3,872
- Profit (loss) carried forward +€105,398
new in 2025: €105,398
- Current portion of long-term debt -€10,624
no longer reported in 2025 (was €10,624)
- Gross operating margin -€40,309
down €40,309 (-11.6%), from €346,215 to €305,907
- Financial income -€18,179
down €18,179 (-32.7%), from €55,582 to €37,403
- Depreciation -€11,345
down €11,345 (-82.5%), from €13,758 to €2,414
- Taxes -€10,759
down €10,759 (-12.4%), from €86,650 to €75,892
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 | €572,839 | €500,607 | -€72,232 | -12.6% |
| Fixed assets | 21/28 | €17,632 | €5,210 | -€12,422 | -70.5% |
| Tangible fixed assets | 22/27 | €17,257 | €4,835 | -€12,422 | -72.0% |
| Plant, machinery and equipment | 23 | €7,249 | €4,835 | -€2,414 | -33.3% |
| Furniture and vehicles | 24 | €10,008 | - | -€10,008 | |
| Financial fixed assets | 28 | €375 | €375 | = | 0.0% |
| Current assets | 29/58 | €555,207 | €495,397 | -€59,810 | -10.8% |
| Amounts receivable within one year | 40/41 | €171,542 | - | -€171,542 | |
| Other amounts receivable | 41 | €171,542 | - | -€171,542 | |
| Current investments | 50/53 | €254,071 | €190,493 | -€63,579 | -25.0% |
| Cash at bank and in hand | 54/58 | €129,594 | €304,904 | +€175,310 | +135.3% |
| Total equity and liabilities | 10/49 | €572,839 | €500,607 | -€72,232 | -12.6% |
| Equity | 10/15 | €180,372 | €110,770 | -€69,602 | -38.6% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €178,872 | €3,872 | -€175,000 | -97.8% |
| Distributable reserves | 133 | €178,872 | €3,872 | -€175,000 | -97.8% |
| Profit (loss) carried forward | 14 | - | €105,398 | +€105,398 | |
| Amounts payable | 17/49 | €392,467 | €389,837 | -€2,630 | -0.7% |
| Amounts payable within one year | 42/48 | €392,467 | €389,837 | -€2,630 | -0.7% |
| Current portion of amounts payable after more than one year | 42 | €10,624 | - | -€10,624 | |
| Financial debts | 43 | €12,665 | €12,717 | +€52 | +0.4% |
| Other loans | 439 | €12,665 | €12,717 | +€52 | +0.4% |
| Trade debts | 44 | €85 | €191 | +€107 | +126.2% |
| Suppliers | 440/4 | €85 | €191 | +€107 | +126.2% |
| Taxes, remuneration and social security | 45 | €68,883 | €74,288 | +€5,405 | +7.8% |
| Taxes | 450/3 | €68,883 | €74,288 | +€5,405 | +7.8% |
| Other amounts payable | 47/48 | €300,210 | €302,640 | +€2,430 | +0.8% |
| Non-recurring operating income | 76A | €0 | €16,492 | +€16,492 | +82459750.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,758 | €2,414 | -€11,345 | -82.5% |
| Other operating charges | 640/8 | €274 | €313 | +€39 | +14.1% |
| Gross operating margin | 9900 | €346,215 | €305,907 | -€40,309 | -11.6% |
| Operating profit (loss) | 9901 | €332,182 | €303,180 | -€29,003 | -8.7% |
| Financial income | 75/76B | €55,582 | €37,403 | -€18,179 | -32.7% |
| Recurring financial income | 75 | €55,582 | €37,403 | -€18,179 | -32.7% |
| Financial charges | 65/66B | €2,364 | €1,293 | -€1,070 | -45.3% |
| Recurring financial charges | 65 | €2,364 | €1,293 | -€1,070 | -45.3% |
| Profit (loss) for the period before taxes | 9903 | €385,400 | €339,290 | -€46,111 | -12.0% |
| Income taxes | 67/77 | €86,650 | €75,892 | -€10,759 | -12.4% |
| Profit (loss) for the period | 9904 | €298,750 | €263,398 | -€35,352 | -11.8% |
| Profit (loss) for the period to be appropriated | 9905 | €298,750 | €263,398 | -€35,352 | -11.8% |
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 8 October 2026 via checked.be.