FINish: 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.
FINish
Largest movements
- Cash +€34,486
up €34,486 (+7034.2%), from €490 to €34,976
mainly Receivables within one year (+€22,607) and Other debts (+€6,003)
- Receivables within one year -€22,607
down €22,607 (-56.2%), from €40,254 to €17,647
of which Trade receivables: -€19,742
- Other debts +€6,003
up €6,003 (+54.6%), from €10,986 to €16,989
- Profit (loss) carried forward +€2,704
up €2,704 (+9.7%), from €27,965 to €30,669
- Tax, wage and social debts +€2,393
new in 2025: €2,393
- Gross operating margin -€7,395
down €7,395 (-53.8%), from €13,747 to €6,352
- Taxes -€864
down €864 (-29.8%), from €2,898 to €2,034
- Depreciation -€375
down €375 (-38.3%), from €978 to €603
- Other operating charges +€254
up €254 (+40.5%), from €629 to €883
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 | €64,005 | €74,551 | +€10,547 | +16.5% |
| Fixed assets | 21/28 | €22,358 | €21,755 | -€603 | -2.7% |
| Tangible fixed assets | 22/27 | €22,358 | €21,755 | -€603 | -2.7% |
| Furniture and vehicles | 24 | €1,608 | €1,005 | -€603 | -37.5% |
| Other tangible fixed assets | 26 | €20,750 | €20,750 | = | 0.0% |
| Current assets | 29/58 | €41,646 | €52,796 | +€11,150 | +26.8% |
| Amounts receivable within one year | 40/41 | €40,254 | €17,647 | -€22,607 | -56.2% |
| Trade receivables | 40 | €37,389 | €17,647 | -€19,742 | -52.8% |
| Other amounts receivable | 41 | €2,865 | - | -€2,865 | |
| Cash at bank and in hand | 54/58 | €490 | €34,976 | +€34,486 | +7034.2% |
| Deferred charges and accrued income | 490/1 | €902 | €172 | -€729 | -80.9% |
| Total equity and liabilities | 10/49 | €64,005 | €74,551 | +€10,547 | +16.5% |
| Equity | 10/15 | €48,425 | €51,129 | +€2,704 | +5.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,965 | €30,669 | +€2,704 | +9.7% |
| Amounts payable | 17/49 | €15,580 | €23,422 | +€7,843 | +50.3% |
| Amounts payable within one year | 42/48 | €15,580 | €23,422 | +€7,843 | +50.3% |
| Trade debts | 44 | €4,593 | €4,040 | -€553 | -12.0% |
| Suppliers | 440/4 | €4,593 | €4,040 | -€553 | -12.0% |
| Taxes, remuneration and social security | 45 | - | €2,393 | +€2,393 | |
| Taxes | 450/3 | - | €2,393 | +€2,393 | |
| Other amounts payable | 47/48 | €10,986 | €16,989 | +€6,003 | +54.6% |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €978 | €603 | -€375 | -38.3% |
| Other operating charges | 640/8 | €629 | €883 | +€254 | +40.5% |
| Gross operating margin | 9900 | €13,747 | €6,352 | -€7,395 | -53.8% |
| Operating profit (loss) | 9901 | €12,141 | €4,866 | -€7,274 | -59.9% |
| Financial income | 75/76B | €0 | €1 | +€1 | +1316.7% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +1316.7% |
| Financial charges | 65/66B | €203 | €129 | -€74 | -36.4% |
| Recurring financial charges | 65 | €203 | €129 | -€74 | -36.4% |
| Profit (loss) for the period before taxes | 9903 | €11,938 | €4,738 | -€7,200 | -60.3% |
| Income taxes | 67/77 | €2,898 | €2,034 | -€864 | -29.8% |
| Profit (loss) for the period | 9904 | €9,040 | €2,704 | -€6,336 | -70.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,040 | €2,704 | -€6,336 | -70.1% |
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 3 October 2026 via checked.be.