Finir: 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.
Finir
Largest movements
- Receivables within one year -€71,482
down €71,482 (-84.4%), from €84,684 to €13,202
of which Trade receivables: -€70,546
- Cash +€14,101
new in 2025: €14,101
mainly Receivables within one year (+€71,482) and Debts after one year (+€26,449)
- Deferred charges and accrued income +€10,889
up €10,889 (+1,351%), from €806 to €11,695
- Tangible fixed assets +€9,621
up €9,621 (+137%), from €7,028 to €16,648
of which Furniture and vehicles: +€9,499
- Stocks and contracts +€1,699
new in 2025: €1,699
- Profit (loss) carried forward -€46,248
new in 2025: -€46,248
- Other debts -€28,118
down €28,118 (-70.3%), from €40,000 to €11,882
- Debts after one year +€26,449
new in 2025: €26,449
- Current portion of long-term debt +€16,109
new in 2025: €16,109
- Short-term financial debts -€5,744
down €5,744 (-100%), from €5,744 to €0
- Staff costs +€51,068
new in 2025: €51,068
- Gross operating margin -€33,814
down €33,814 (-68.8%), from €49,123 to €15,308
- Taxes -€11,769
down €11,769 (-97.4%), from €12,088 to €320
- Financial charges +€4,292
up €4,292 (+870%), from €493 to €4,785
- Other operating charges +€1,121
up €1,121 (+397%), from €282 to €1,404
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 | €94,124 | €58,688 | -€35,435 | -37.6% |
| Fixed assets | 21/28 | €8,634 | €17,992 | +€9,358 | +108% |
| Intangible fixed assets | 21 | €1,606 | €1,243 | -€363 | -22.6% |
| Tangible fixed assets | 22/27 | €7,028 | €16,648 | +€9,621 | +137% |
| Plant, machinery and equipment | 23 | €2,424 | €2,546 | +€122 | +5.0% |
| Furniture and vehicles | 24 | €4,604 | €14,102 | +€9,499 | +206% |
| Financial fixed assets | 28 | - | €100 | +€100 | |
| Current assets | 29/58 | €85,490 | €40,697 | -€44,793 | -52.4% |
| Stocks and contracts in progress | 3 | - | €1,699 | +€1,699 | |
| Stocks | 30/36 | - | €1,699 | +€1,699 | |
| Amounts receivable within one year | 40/41 | €84,684 | €13,202 | -€71,482 | -84.4% |
| Trade receivables | 40 | €83,748 | €13,202 | -€70,546 | -84.2% |
| Other amounts receivable | 41 | €936 | €0 | -€936 | -100% |
| Cash at bank and in hand | 54/58 | - | €14,101 | +€14,101 | |
| Deferred charges and accrued income | 490/1 | €806 | €11,695 | +€10,889 | +1,351% |
| Total equity and liabilities | 10/49 | €94,124 | €58,688 | -€35,435 | -37.6% |
| Equity | 10/15 | €36,291 | -€9,956 | -€46,248 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €33,291 | €33,291 | = | 0.0% |
| Distributable reserves | 133 | €33,291 | €33,291 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€46,248 | -€46,248 | |
| Amounts payable | 17/49 | €57,833 | €68,645 | +€10,812 | +18.7% |
| Amounts payable after more than one year | 17 | - | €26,449 | +€26,449 | |
| Financial debts | 170/4 | - | €26,449 | +€26,449 | |
| Amounts payable within one year | 42/48 | €57,833 | €42,195 | -€15,637 | -27.0% |
| Current portion of amounts payable after more than one year | 42 | - | €16,109 | +€16,109 | |
| Financial debts | 43 | €5,744 | €0 | -€5,744 | -100% |
| Credit institutions | 430/8 | €5,744 | €0 | -€5,744 | -100% |
| Taxes, remuneration and social security | 45 | €12,088 | €14,204 | +€2,116 | +17.5% |
| Taxes | 450/3 | €12,088 | €14,204 | +€2,116 | +17.5% |
| Other amounts payable | 47/48 | €40,000 | €11,882 | -€28,118 | -70.3% |
| Remuneration, social security and pensions | 62 | - | €51,068 | +€51,068 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,024 | €3,985 | +€961 | +31.8% |
| Other operating charges | 640/8 | €282 | €1,404 | +€1,121 | +397% |
| Gross operating margin | 9900 | €49,123 | €15,308 | -€33,814 | -68.8% |
| Operating profit (loss) | 9901 | €45,817 | -€41,148 | -€86,964 | |
| Financial income | 75/76B | €56 | €5 | -€52 | -91.8% |
| Recurring financial income | 75 | €56 | €5 | -€52 | -91.8% |
| Financial charges | 65/66B | €493 | €4,785 | +€4,292 | +870% |
| Recurring financial charges | 65 | €493 | €4,785 | +€4,292 | +870% |
| Profit (loss) for the period before taxes | 9903 | €45,380 | -€45,928 | -€91,308 | |
| Income taxes | 67/77 | €12,088 | €320 | -€11,769 | -97.4% |
| Profit (loss) for the period | 9904 | €33,291 | -€46,248 | -€79,539 | |
| Profit (loss) for the period to be appropriated | 9905 | €33,291 | -€46,248 | -€79,539 |
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 19 October 2026 via checked.be.