FINIO: 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.
FINIO
Largest movements
- Deferred charges and accrued income +€27,334
up €27,334, from €0 to €27,334
- Stocks and contracts -€17,092
down €17,092 (-68.1%), from €25,092 to €8,000
of which Contracts in progress: -€10,000
- Receivables within one year -€9,068
down €9,068 (-29.0%), from €31,260 to €22,193
of which Trade receivables: -€13,178
- Tangible fixed assets -€3,806
down €3,806 (-54.4%), from €6,994 to €3,187
of which Furniture and vehicles: -€3,489
- Cash -€1,491
no longer reported in 2025 (was €1,491)
mainly Deferred charges and accrued income (-€27,334) and Net result for the year (-€16,440)
- Other debts +€21,857
up €21,857 (+212%), from €10,295 to €32,153
- Profit (loss) carried forward -€16,440
down €16,440 (-68.0%), from €24,175 to €7,735
- Current portion of long-term debt -€4,560
down €4,560 (-69.5%), from €6,560 to €2,000
- Tax, wage and social debts -€2,073
down €2,073 (-98.8%), from €2,097 to €24
of which Taxes: -€2,073
- Short-term financial debts -€1,432
down €1,432 (-29.2%), from €4,906 to €3,474
- Gross operating margin -€32,338
down €32,338, from €27,961 to -€4,377
- Taxes -€4,169
down €4,169, from €3,000 to -€1,169
- Financial charges -€3,855
down €3,855 (-41.5%), from €9,292 to €5,437
- Depreciation -€1,101
down €1,101 (-22.4%), from €4,907 to €3,806
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 | €67,137 | €63,014 | -€4,122 | -6.1% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €9,294 | €5,487 | -€3,806 | -41.0% |
| Tangible fixed assets | 22/27 | €6,994 | €3,187 | -€3,806 | -54.4% |
| Plant, machinery and equipment | 23 | €461 | €144 | -€317 | -68.7% |
| Furniture and vehicles | 24 | €6,533 | €3,043 | -€3,489 | -53.4% |
| Financial fixed assets | 28 | €2,300 | €2,300 | = | 0.0% |
| Current assets | 29/58 | €57,843 | €57,527 | -€316 | -0.5% |
| Stocks and contracts in progress | 3 | €25,092 | €8,000 | -€17,092 | -68.1% |
| Stocks | 30/36 | €15,092 | €8,000 | -€7,092 | -47.0% |
| Contracts in progress | 37 | €10,000 | - | -€10,000 | |
| Amounts receivable within one year | 40/41 | €31,260 | €22,193 | -€9,068 | -29.0% |
| Trade receivables | 40 | €27,982 | €14,804 | -€13,178 | -47.1% |
| Other amounts receivable | 41 | €3,278 | €7,388 | +€4,110 | +125% |
| Cash at bank and in hand | 54/58 | €1,491 | - | -€1,491 | |
| Deferred charges and accrued income | 490/1 | €0 | €27,334 | +€27,334 | |
| Total equity and liabilities | 10/49 | €67,137 | €63,014 | -€4,122 | -6.1% |
| Equity | 10/15 | €30,375 | €13,935 | -€16,440 | -54.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,175 | €7,735 | -€16,440 | -68.0% |
| Amounts payable | 17/49 | €36,762 | €49,080 | +€12,318 | +33.5% |
| Amounts payable within one year | 42/48 | €35,538 | €48,393 | +€12,855 | +36.2% |
| Current portion of amounts payable after more than one year | 42 | €6,560 | €2,000 | -€4,560 | -69.5% |
| Financial debts | 43 | €4,906 | €3,474 | -€1,432 | -29.2% |
| Credit institutions | 430/8 | €4,906 | €3,474 | -€1,432 | -29.2% |
| Trade debts | 44 | €11,680 | €10,742 | -€938 | -8.0% |
| Suppliers | 440/4 | €11,680 | €10,742 | -€938 | -8.0% |
| Taxes, remuneration and social security | 45 | €2,097 | €24 | -€2,073 | -98.8% |
| Taxes | 450/3 | €2,097 | €24 | -€2,073 | -98.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €10,295 | €32,153 | +€21,857 | +212% |
| Accrued charges and deferred income | 492/3 | €1,224 | €687 | -€537 | -43.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,907 | €3,806 | -€1,101 | -22.4% |
| Other operating charges | 640/8 | €4,062 | €4,173 | +€111 | +2.7% |
| Gross operating margin | 9900 | €27,961 | -€4,377 | -€32,338 | |
| Operating profit (loss) | 9901 | €18,992 | -€12,355 | -€31,347 | |
| Financial income | 75/76B | €0 | €183 | +€183 | |
| Recurring financial income | 75 | €0 | €183 | +€183 | |
| Financial charges | 65/66B | €9,292 | €5,437 | -€3,855 | -41.5% |
| Recurring financial charges | 65 | €9,292 | €5,437 | -€3,855 | -41.5% |
| Profit (loss) for the period before taxes | 9903 | €9,700 | -€17,609 | -€27,309 | |
| Income taxes | 67/77 | €3,000 | -€1,169 | -€4,169 | |
| Profit (loss) for the period | 9904 | €6,700 | -€16,440 | -€23,140 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,700 | -€16,440 | -€23,140 |
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 17 October 2026 via checked.be.