Fink-Jensen: 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.
Fink-Jensen
Largest movements
- Tangible fixed assets -€6,364
down €6,364 (-2.2%), from €293,410 to €287,046
- Cash +€6,020
up €6,020 (+184%), from €3,278 to €9,299
mainly Other debts (+€19,976) and Depreciation (+€6,364)
- Profit (loss) carried forward -€21,251
down €21,251 (-10.9%), from -€194,138 to -€215,389
- Other debts +€19,976
up €19,976 (+11.8%), from €169,736 to €189,712
- Gross operating margin -€398
down €398 (-2.8%), from -€14,305 to -€14,703
- Other operating charges -€387
no longer reported in 2025 (was €387)
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 | €297,203 | €296,345 | -€858 | -0.3% |
| Fixed assets | 21/28 | €293,410 | €287,046 | -€6,364 | -2.2% |
| Tangible fixed assets | 22/27 | €293,410 | €287,046 | -€6,364 | -2.2% |
| Land and buildings | 22 | €293,410 | €287,046 | -€6,364 | -2.2% |
| Current assets | 29/58 | €3,793 | €9,299 | +€5,506 | +145% |
| Amounts receivable within one year | 40/41 | €514 | - | -€514 | |
| Trade receivables | 40 | €109 | - | -€109 | |
| Other amounts receivable | 41 | €406 | - | -€406 | |
| Cash at bank and in hand | 54/58 | €3,278 | €9,299 | +€6,020 | +184% |
| Total equity and liabilities | 10/49 | €297,203 | €296,345 | -€858 | -0.3% |
| Equity | 10/15 | €125,862 | €104,611 | -€21,251 | -16.9% |
| Contributions | 10/11 | €320,000 | €320,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€194,138 | -€215,389 | -€21,251 | -10.9% |
| Amounts payable | 17/49 | €171,341 | €191,734 | +€20,394 | +11.9% |
| Amounts payable within one year | 42/48 | €171,341 | €191,734 | +€20,394 | +11.9% |
| Trade debts | 44 | €605 | €906 | +€301 | +49.7% |
| Suppliers | 440/4 | €605 | €906 | +€301 | +49.7% |
| Taxes, remuneration and social security | 45 | €1,000 | €1,116 | +€116 | +11.6% |
| Taxes | 450/3 | - | €116 | +€116 | |
| Remuneration and social security | 454/9 | €1,000 | €1,000 | = | 0.0% |
| Other amounts payable | 47/48 | €169,736 | €189,712 | +€19,976 | +11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,364 | €6,364 | = | 0.0% |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | -€14,305 | -€14,703 | -€398 | -2.8% |
| Operating profit (loss) | 9901 | -€21,056 | -€21,067 | -€10 | 0.0% |
| Financial income | 75/76B | €47 | €22 | -€26 | -54.5% |
| Recurring financial income | 75 | €47 | €22 | -€26 | -54.5% |
| Financial charges | 65/66B | €195 | €200 | +€5 | +2.5% |
| Recurring financial charges | 65 | €195 | €200 | +€5 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | -€21,204 | -€21,245 | -€41 | -0.2% |
| Income taxes | 67/77 | €10 | €6 | -€4 | -37.6% |
| Profit (loss) for the period | 9904 | -€21,214 | -€21,251 | -€37 | -0.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,214 | -€21,251 | -€37 | -0.2% |
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 18 October 2026 via checked.be.