FINIDI: 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.
FINIDI
Largest movements
- Current investments -€250,000
down €250,000 (-100.0%), from €250,000 to €0
- Cash +€241,867
up €241,867 (+252.3%), from €95,864 to €337,731
mainly Current investments (+€250,000) and Receivables after one year (+€39,884)
- Receivables after one year -€39,884
down €39,884 (-72.0%), from €55,428 to €15,544
- Other debts -€38,852
down €38,852 (-97.9%), from €39,700 to €849
- Debts after one year -€29,376
down €29,376 (-100.0%), from €29,376 to €0
- Reserves +€29,293
up €29,293 (+8.3%), from €353,878 to €383,170
- Gross operating margin -€58,512
down €58,512 (-30.8%), from €190,020 to €131,508
- Taxes -€13,481
down €13,481 (-52.9%), from €25,470 to €11,989
- Depreciation -€7,316
down €7,316 (-18.1%), from €40,378 to €33,061
- Financial charges -€2,503
down €2,503 (-36.7%), from €6,811 to €4,308
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 | €495,775 | €446,753 | -€49,022 | -9.9% |
| Fixed assets | 21/28 | €75,748 | €73,213 | -€2,535 | -3.3% |
| Tangible fixed assets | 22/27 | €75,748 | €73,213 | -€2,535 | -3.3% |
| Plant, machinery and equipment | 23 | €1,418 | €6,988 | +€5,570 | +392.8% |
| Furniture and vehicles | 24 | €44,274 | €27,475 | -€16,799 | -37.9% |
| Other tangible fixed assets | 26 | €30,057 | €38,750 | +€8,694 | +28.9% |
| Current assets | 29/58 | €420,027 | €373,540 | -€46,487 | -11.1% |
| Amounts receivable after more than one year | 29 | €55,428 | €15,544 | -€39,884 | -72.0% |
| Other amounts receivable | 291 | €55,428 | €15,544 | -€39,884 | -72.0% |
| Stocks and contracts in progress | 3 | €1,611 | €5,469 | +€3,858 | +239.6% |
| Stocks | 30/36 | €1,611 | €5,469 | +€3,858 | +239.6% |
| Amounts receivable within one year | 40/41 | €8,988 | €6,871 | -€2,116 | -23.5% |
| Trade receivables | 40 | €2,992 | €802 | -€2,190 | -73.2% |
| Other amounts receivable | 41 | €5,996 | €6,069 | +€74 | +1.2% |
| Current investments | 50/53 | €250,000 | €0 | -€250,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €95,864 | €337,731 | +€241,867 | +252.3% |
| Deferred charges and accrued income | 490/1 | €8,137 | €7,925 | -€212 | -2.6% |
| Total equity and liabilities | 10/49 | €495,775 | €446,753 | -€49,022 | -9.9% |
| Equity | 10/15 | €372,478 | €401,770 | +€29,293 | +7.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €353,878 | €383,170 | +€29,293 | +8.3% |
| Distributable reserves | 133 | €353,878 | €383,170 | +€29,293 | +8.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €123,297 | €44,983 | -€78,314 | -63.5% |
| Amounts payable after more than one year | 17 | €29,376 | €0 | -€29,376 | -100.0% |
| Financial debts | 170/4 | €29,376 | €0 | -€29,376 | -100.0% |
| Amounts payable within one year | 42/48 | €93,921 | €44,983 | -€48,938 | -52.1% |
| Current portion of amounts payable after more than one year | 42 | €34,322 | €29,376 | -€4,946 | -14.4% |
| Trade debts | 44 | €9,624 | €5,872 | -€3,752 | -39.0% |
| Suppliers | 440/4 | €9,624 | €5,872 | -€3,752 | -39.0% |
| Taxes, remuneration and social security | 45 | €10,274 | €8,886 | -€1,388 | -13.5% |
| Taxes | 450/3 | €4,151 | €4,223 | +€72 | +1.7% |
| Remuneration and social security | 454/9 | €6,123 | €4,662 | -€1,461 | -23.9% |
| Other amounts payable | 47/48 | €39,700 | €849 | -€38,852 | -97.9% |
| Remuneration, social security and pensions | 62 | €61,306 | €60,373 | -€934 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,378 | €33,061 | -€7,316 | -18.1% |
| Other operating charges | 640/8 | €991 | €1,016 | +€25 | +2.5% |
| Gross operating margin | 9900 | €190,020 | €131,508 | -€58,512 | -30.8% |
| Operating profit (loss) | 9901 | €87,345 | €37,058 | -€50,287 | -57.6% |
| Financial income | 75/76B | €7,182 | €8,531 | +€1,350 | +18.8% |
| Recurring financial income | 75 | €7,182 | €8,531 | +€1,350 | +18.8% |
| Financial charges | 65/66B | €6,811 | €4,308 | -€2,503 | -36.7% |
| Recurring financial charges | 65 | €6,811 | €4,308 | -€2,503 | -36.7% |
| Profit (loss) for the period before taxes | 9903 | €87,716 | €41,282 | -€46,434 | -52.9% |
| Income taxes | 67/77 | €25,470 | €11,989 | -€13,481 | -52.9% |
| Profit (loss) for the period | 9904 | €62,246 | €29,293 | -€32,954 | -52.9% |
| Profit (loss) for the period to be appropriated | 9905 | €62,246 | €29,293 | -€32,954 | -52.9% |
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 7 October 2026 via checked.be.