FININVEST: 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.
FININVEST
Largest movements
- Tangible fixed assets -€18,920
down €18,920 (-5.4%), from €350,708 to €331,787
- Profit (loss) carried forward -€46,356
down €46,356, from €37,252 to -€9,104
- Advances received +€12,000
new in 2025: €12,000
- Other debts +€11,565
up €11,565 (+12.5%), from €92,636 to €104,201
- Trade debts +€7,084
up €7,084 (+55.6%), from €12,732 to €19,816
- Accrued charges and deferred income -€6,833
down €6,833 (-4.6%), from €148,555 to €141,722
- Depreciation +€2,310
up €2,310 (+7.1%), from €32,655 to €34,965
- Gross operating margin +€1,333
up €1,333 (+1,546%), from €86 to €1,419
- Other operating charges -€885
down €885 (-25.2%), from €3,514 to €2,629
- Financial charges -€698
down €698 (-6.4%), from €10,944 to €10,246
- Financial income +€66
new in 2025: €66
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 | €407,196 | €388,570 | -€18,626 | -4.6% |
| Fixed assets | 21/28 | €389,748 | €370,828 | -€18,920 | -4.9% |
| Tangible fixed assets | 22/27 | €350,708 | €331,787 | -€18,920 | -5.4% |
| Land and buildings | 22 | €350,708 | €331,787 | -€18,920 | -5.4% |
| Financial fixed assets | 28 | €39,040 | €39,040 | = | 0.0% |
| Current assets | 29/58 | €17,448 | €17,743 | +€294 | +1.7% |
| Amounts receivable within one year | 40/41 | €4,230 | €5,238 | +€1,008 | +23.8% |
| Trade receivables | 40 | €2,875 | €3,883 | +€1,008 | +35.1% |
| Other amounts receivable | 41 | €1,355 | €1,355 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,420 | €12,505 | +€85 | +0.7% |
| Deferred charges and accrued income | 490/1 | €798 | - | -€798 | |
| Total equity and liabilities | 10/49 | €407,196 | €388,570 | -€18,626 | -4.6% |
| Equity | 10/15 | €65,736 | €19,380 | -€46,356 | -70.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €9,892 | €9,892 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €8,032 | €8,032 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,252 | -€9,104 | -€46,356 | |
| Amounts payable | 17/49 | €341,461 | €369,191 | +€27,730 | +8.1% |
| Amounts payable after more than one year | 17 | €85,000 | €85,000 | = | 0.0% |
| Other amounts payable | 178/9 | €85,000 | €85,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €107,906 | €142,469 | +€34,563 | +32.0% |
| Trade debts | 44 | €12,732 | €19,816 | +€7,084 | +55.6% |
| Suppliers | 440/4 | €12,732 | €19,816 | +€7,084 | +55.6% |
| Advances received on contracts in progress | 46 | - | €12,000 | +€12,000 | |
| Taxes, remuneration and social security | 45 | €2,538 | €6,452 | +€3,914 | +154% |
| Taxes | 450/3 | €2,538 | €6,452 | +€3,914 | +154% |
| Other amounts payable | 47/48 | €92,636 | €104,201 | +€11,565 | +12.5% |
| Accrued charges and deferred income | 492/3 | €148,555 | €141,722 | -€6,833 | -4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,655 | €34,965 | +€2,310 | +7.1% |
| Other operating charges | 640/8 | €3,514 | €2,629 | -€885 | -25.2% |
| Gross operating margin | 9900 | €86 | €1,419 | +€1,333 | +1,546% |
| Operating profit (loss) | 9901 | -€36,083 | -€36,176 | -€92 | -0.3% |
| Financial income | 75/76B | - | €66 | +€66 | |
| Recurring financial income | 75 | - | €66 | +€66 | |
| Financial charges | 65/66B | €10,944 | €10,246 | -€698 | -6.4% |
| Recurring financial charges | 65 | €10,944 | €10,246 | -€698 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | -€47,028 | -€46,356 | +€672 | +1.4% |
| Profit (loss) for the period | 9904 | -€47,028 | -€46,356 | +€672 | +1.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€47,028 | -€46,356 | +€672 | +1.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.