FINITECH: 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.
FINITECH
Largest movements
- Cash -€14,902
down €14,902 (-54.9%), from €27,151 to €12,249
mainly Receivables within one year (-€11,859) and Debts after one year (-€10,513)
- Receivables within one year +€11,859
up €11,859 (+398.7%), from €2,974 to €14,833
of which Trade receivables: +€8,064
- Deferred charges and accrued income +€1,951
up €1,951 (+46.0%), from €4,245 to €6,196
- Tangible fixed assets -€1,717
down €1,717 (-10.5%), from €16,331 to €14,614
of which Other tangible fixed assets: -€1,676
- Profit (loss) carried forward +€13,411
up €13,411 (+37.5%), from -€35,776 to -€22,365
- Debts after one year -€10,513
no longer reported in 2025 (was €10,513)
- Current portion of long-term debt -€5,063
down €5,063 (-32.5%), from €15,576 to €10,513
- Short-term financial debts +€4,496
new in 2025: €4,496
- Tax, wage and social debts -€3,677
down €3,677 (-54.4%), from €6,763 to €3,086
of which Remuneration and social security: -€2,854
- Staff costs +€11,346
up €11,346 (+44.4%), from €25,564 to €36,911
- Gross operating margin +€7,849
up €7,849 (+14.6%), from €53,715 to €61,564
- Financial charges -€802
down €802 (-32.2%), from €2,494 to €1,691
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 | €50,702 | €47,892 | -€2,810 | -5.5% |
| Fixed assets | 21/28 | €16,331 | €14,614 | -€1,717 | -10.5% |
| Tangible fixed assets | 22/27 | €16,331 | €14,614 | -€1,717 | -10.5% |
| Plant, machinery and equipment | 23 | €1,935 | €931 | -€1,004 | -51.9% |
| Furniture and vehicles | 24 | €3,933 | €4,895 | +€963 | +24.5% |
| Other tangible fixed assets | 26 | €10,464 | €8,788 | -€1,676 | -16.0% |
| Current assets | 29/58 | €34,371 | €33,278 | -€1,093 | -3.2% |
| Amounts receivable within one year | 40/41 | €2,974 | €14,833 | +€11,859 | +398.7% |
| Trade receivables | 40 | - | €8,064 | +€8,064 | |
| Other amounts receivable | 41 | €2,974 | €6,769 | +€3,795 | +127.6% |
| Cash at bank and in hand | 54/58 | €27,151 | €12,249 | -€14,902 | -54.9% |
| Deferred charges and accrued income | 490/1 | €4,245 | €6,196 | +€1,951 | +46.0% |
| Total equity and liabilities | 10/49 | €50,702 | €47,892 | -€2,810 | -5.5% |
| Equity | 10/15 | -€25,776 | -€12,365 | +€13,411 | +52.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,776 | -€22,365 | +€13,411 | +37.5% |
| Amounts payable | 17/49 | €76,478 | €60,257 | -€16,221 | -21.2% |
| Amounts payable after more than one year | 17 | €10,513 | - | -€10,513 | |
| Financial debts | 170/4 | €10,513 | - | -€10,513 | |
| Amounts payable within one year | 42/48 | €65,965 | €60,257 | -€5,707 | -8.7% |
| Current portion of amounts payable after more than one year | 42 | €15,576 | €10,513 | -€5,063 | -32.5% |
| Financial debts | 43 | - | €4,496 | +€4,496 | |
| Credit institutions | 430/8 | - | €4,496 | +€4,496 | |
| Trade debts | 44 | €25,293 | €22,454 | -€2,840 | -11.2% |
| Suppliers | 440/4 | €25,293 | €22,454 | -€2,840 | -11.2% |
| Advances received on contracts in progress | 46 | €250 | €250 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €6,763 | €3,086 | -€3,677 | -54.4% |
| Taxes | 450/3 | €824 | - | -€824 | |
| Remuneration and social security | 454/9 | €5,939 | €3,086 | -€2,854 | -48.0% |
| Other amounts payable | 47/48 | €18,082 | €19,459 | +€1,376 | +7.6% |
| Remuneration, social security and pensions | 62 | €25,564 | €36,911 | +€11,346 | +44.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,631 | €5,514 | -€117 | -2.1% |
| Other operating charges | 640/8 | €3,918 | €4,037 | +€119 | +3.0% |
| Gross operating margin | 9900 | €53,715 | €61,564 | +€7,849 | +14.6% |
| Operating profit (loss) | 9901 | €18,602 | €15,102 | -€3,499 | -18.8% |
| Financial charges | 65/66B | €2,494 | €1,691 | -€802 | -32.2% |
| Recurring financial charges | 65 | €2,494 | €1,691 | -€802 | -32.2% |
| Profit (loss) for the period before taxes | 9903 | €16,108 | €13,411 | -€2,697 | -16.7% |
| Profit (loss) for the period | 9904 | €16,108 | €13,411 | -€2,697 | -16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €16,108 | €13,411 | -€2,697 | -16.7% |
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 4 October 2026 via checked.be.