FINIT: 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.
FINIT
Largest movements
- Current investments -€56,971
down €56,971 (-94.9%), from €60,003 to €3,031
- Tangible fixed assets -€28,100
down €28,100 (-2.4%), from €1.2m to €1.2m
of which Land and buildings: -€20,303
- Receivables within one year -€23,373
down €23,373 (-26.2%), from €89,259 to €65,886
of which Other amounts receivable: -€19,575
- Profit (loss) carried forward -€84,987
down €84,987 (-24.9%), from €341,472 to €256,485
- Debts after one year -€60,488
down €60,488 (-7.1%), from €857,526 to €797,038
- Other debts +€28,532
up €28,532 (+21.4%), from €133,464 to €161,995
- Tax, wage and social debts +€25,936
up €25,936 (+1,015%), from €2,556 to €28,492
of which Taxes: +€19,927
- Accrued charges and deferred income -€24,455
down €24,455 (-92.4%), from €26,480 to €2,025
- Other operating charges +€73,163
up €73,163 (+589%), from €12,431 to €85,595
- Taxes -€16,245
down €16,245 (-61.3%), from €26,487 to €10,242
- Financial charges +€9,578
up €9,578 (+43.6%), from €21,963 to €31,541
- Gross operating margin +€8,675
up €8,675 (+4.4%), from €199,119 to €207,794
- Depreciation -€4,300
down €4,300 (-7.8%), from €55,189 to €50,889
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 | €1,444,012 | €1,333,372 | -€110,640 | -7.7% |
| Fixed assets | 21/28 | €1,183,597 | €1,155,497 | -€28,100 | -2.4% |
| Tangible fixed assets | 22/27 | €1,183,097 | €1,154,997 | -€28,100 | -2.4% |
| Land and buildings | 22 | €1,172,172 | €1,151,869 | -€20,303 | -1.7% |
| Plant, machinery and equipment | 23 | €194 | - | -€194 | |
| Furniture and vehicles | 24 | €10,731 | €3,127 | -€7,604 | -70.9% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €260,416 | €177,875 | -€82,540 | -31.7% |
| Amounts receivable after more than one year | 29 | €75,000 | €75,000 | = | 0.0% |
| Other amounts receivable | 291 | €75,000 | €75,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €89,259 | €65,886 | -€23,373 | -26.2% |
| Trade receivables | 40 | €54,370 | €50,572 | -€3,798 | -7.0% |
| Other amounts receivable | 41 | €34,889 | €15,314 | -€19,575 | -56.1% |
| Current investments | 50/53 | €60,003 | €3,031 | -€56,971 | -94.9% |
| Cash at bank and in hand | 54/58 | €25,900 | €23,672 | -€2,228 | -8.6% |
| Deferred charges and accrued income | 490/1 | €10,254 | €10,286 | +€33 | +0.3% |
| Total equity and liabilities | 10/49 | €1,444,012 | €1,333,372 | -€110,640 | -7.7% |
| Equity | 10/15 | €362,306 | €277,319 | -€84,987 | -23.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,234 | €2,234 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €374 | €374 | = | 0.0% |
| Profit (loss) carried forward | 14 | €341,472 | €256,485 | -€84,987 | -24.9% |
| Amounts payable | 17/49 | €1,081,707 | €1,056,054 | -€25,653 | -2.4% |
| Amounts payable after more than one year | 17 | €857,526 | €797,038 | -€60,488 | -7.1% |
| Financial debts | 170/4 | €857,526 | €797,038 | -€60,488 | -7.1% |
| Amounts payable within one year | 42/48 | €197,700 | €256,990 | +€59,290 | +30.0% |
| Current portion of amounts payable after more than one year | 42 | €59,532 | €60,488 | +€956 | +1.6% |
| Financial debts | 43 | €754 | €21 | -€733 | -97.2% |
| Credit institutions | 430/8 | €754 | €21 | -€733 | -97.2% |
| Trade debts | 44 | €1,395 | €5,995 | +€4,600 | +330% |
| Suppliers | 440/4 | €1,395 | €5,995 | +€4,600 | +330% |
| Taxes, remuneration and social security | 45 | €2,556 | €28,492 | +€25,936 | +1,015% |
| Taxes | 450/3 | €2,556 | €22,483 | +€19,927 | +780% |
| Remuneration and social security | 454/9 | €0 | €6,009 | +€6,009 | +8,584,171% |
| Other amounts payable | 47/48 | €133,464 | €161,995 | +€28,532 | +21.4% |
| Accrued charges and deferred income | 492/3 | €26,480 | €2,025 | -€24,455 | -92.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,189 | €50,889 | -€4,300 | -7.8% |
| Other operating charges | 640/8 | €12,431 | €85,595 | +€73,163 | +589% |
| Gross operating margin | 9900 | €199,119 | €207,794 | +€8,675 | +4.4% |
| Operating profit (loss) | 9901 | €131,499 | €71,310 | -€60,189 | -45.8% |
| Financial income | 75/76B | €6,648 | €5,485 | -€1,163 | -17.5% |
| Recurring financial income | 75 | €6,648 | €5,485 | -€1,163 | -17.5% |
| Financial charges | 65/66B | €21,963 | €31,541 | +€9,578 | +43.6% |
| Recurring financial charges | 65 | €21,963 | €31,541 | +€9,578 | +43.6% |
| Profit (loss) for the period before taxes | 9903 | €116,184 | €45,254 | -€70,929 | -61.0% |
| Income taxes | 67/77 | €26,487 | €10,242 | -€16,245 | -61.3% |
| Profit (loss) for the period | 9904 | €89,697 | €35,013 | -€54,684 | -61.0% |
| Profit (loss) for the period to be appropriated | 9905 | €89,697 | €35,013 | -€54,684 | -61.0% |
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 13 October 2026 via checked.be.