FINITION TECHNIQUE: what changed
FINITION TECHNIQUE
Largest movements
- Receivables within one year -€30,900
down €30,900 (-33.1%), from €93,251 to €62,351
of which Trade receivables: -€31,792
- Tangible fixed assets +€20,999
up €20,999 (+128%), from €16,347 to €37,346
of which Furniture and vehicles: +€22,083
- Trade debts -€41,796
down €41,796 (-43.0%), from €97,152 to €55,356
of which Bills of exchange payable: -€35,638
- Debts after one year +€13,717
up €13,717 (+95.0%), from €14,435 to €28,152
- Current portion of long-term debt +€9,521
up €9,521 (+185%), from €5,152 to €14,673
- Profit (loss) carried forward +€6,615
up €6,615 (+1,237%), from €535 to €7,150
- Tax, wage and social debts +€2,497
up €2,497 (+742%), from €337 to €2,834
- Purchases and services -€265,161
down €265,161 (-40.1%), from €661,611 to €396,450
- Gross operating margin +€21,581
up €21,581 (+482%), from €4,475 to €26,056
- Depreciation +€13,020
up €13,020 (+438%), from €2,971 to €15,991
- Taxes +€2,160
up €2,160 (+641%), from €337 to €2,497
- Staff costs +€320
up €320 (+50.6%), from €633 to €953
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €118,611 | €109,165 | -€9,446 | -8.0% |
| Fixed assets | 21/28 | €16,347 | €37,346 | +€20,999 | +128% |
| Tangible fixed assets | 22/27 | €16,347 | €37,346 | +€20,999 | +128% |
| Plant, machinery and equipment | 23 | €1,085 | - | -€1,085 | |
| Furniture and vehicles | 24 | €15,263 | €37,346 | +€22,083 | +145% |
| Current assets | 29/58 | €102,264 | €71,819 | -€30,445 | -29.8% |
| Amounts receivable within one year | 40/41 | €93,251 | €62,351 | -€30,900 | -33.1% |
| Trade receivables | 40 | €90,303 | €58,511 | -€31,792 | -35.2% |
| Other amounts receivable | 41 | €2,948 | €3,840 | +€892 | +30.2% |
| Cash at bank and in hand | 54/58 | €9,013 | €9,468 | +€455 | +5.1% |
| Total equity and liabilities | 10/49 | €118,611 | €109,165 | -€9,446 | -8.0% |
| Equity | 10/15 | €1,535 | €8,150 | +€6,615 | +431% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €535 | €7,150 | +€6,615 | +1,237% |
| Amounts payable | 17/49 | €117,076 | €101,015 | -€16,061 | -13.7% |
| Amounts payable after more than one year | 17 | €14,435 | €28,152 | +€13,717 | +95.0% |
| Financial debts | 170/4 | €14,435 | €28,152 | +€13,717 | +95.0% |
| Amounts payable within one year | 42/48 | €102,641 | €72,863 | -€29,778 | -29.0% |
| Current portion of amounts payable after more than one year | 42 | €5,152 | €14,673 | +€9,521 | +185% |
| Trade debts | 44 | €97,152 | €55,356 | -€41,796 | -43.0% |
| Suppliers | 440/4 | €14,617 | €8,459 | -€6,158 | -42.1% |
| Bills of exchange payable | 441 | €82,535 | €46,897 | -€35,638 | -43.2% |
| Taxes, remuneration and social security | 45 | €337 | €2,834 | +€2,497 | +742% |
| Taxes | 450/3 | €337 | €2,834 | +€2,497 | +742% |
| Goods, raw materials, services and sundry goods | 60/61 | €661,611 | €396,450 | -€265,161 | -40.1% |
| Remuneration, social security and pensions | 62 | €633 | €953 | +€320 | +50.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,971 | €15,991 | +€13,020 | +438% |
| Gross operating margin | 9900 | €4,475 | €26,056 | +€21,581 | +482% |
| Operating profit (loss) | 9901 | €871 | €9,112 | +€8,241 | +946% |
| Profit (loss) for the period before taxes | 9903 | €871 | €9,112 | +€8,241 | +946% |
| Income taxes | 67/77 | €337 | €2,497 | +€2,160 | +641% |
| Profit (loss) for the period | 9904 | €535 | €6,615 | +€6,080 | +1,137% |
| Profit (loss) for the period to be appropriated | 9905 | €535 | €6,615 | +€6,080 | +1,137% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.