FINLEAD: 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.
FINLEAD
Largest movements
- Cash +€214,027
new in 2025: €214,027
mainly Net result for the year (+€114,315) and Current investments (+€113,297)
- Current investments -€113,297
no longer reported in 2025 (was €113,297)
- Receivables within one year +€35,065
up €35,065 (+128.7%), from €27,238 to €62,303
of which Other amounts receivable: +€22,629
- Financial fixed assets -€17,177
down €17,177 (-36.9%), from €46,594 to €29,417
- Reserves +€114,316
up €114,316 (+56.7%), from €201,516 to €315,832
- Turnover +€197,940
up €197,940 (+32.9%), from €601,795 to €799,735
- Gross operating margin +€134,748
up €134,748 (+67.7%), from €198,946 to €333,694
- Staff costs +€74,414
up €74,414 (+83.4%), from €89,207 to €163,621
- Purchases and services +€61,538
up €61,538 (+15.3%), from €402,153 to €463,691
- Taxes +€20,766
up €20,766 (+87.7%), from €23,690 to €44,456
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 | €210,972 | €328,332 | +€117,360 | +55.6% |
| Fixed assets | 21/28 | €70,437 | €52,002 | -€18,435 | -26.2% |
| Tangible fixed assets | 22/27 | €23,843 | €22,585 | -€1,258 | -5.3% |
| Furniture and vehicles | 24 | €12,119 | €13,055 | +€936 | +7.7% |
| Other tangible fixed assets | 26 | €11,724 | €9,530 | -€2,194 | -18.7% |
| Financial fixed assets | 28 | €46,594 | €29,417 | -€17,177 | -36.9% |
| Current assets | 29/58 | €140,535 | €276,330 | +€135,795 | +96.6% |
| Amounts receivable within one year | 40/41 | €27,238 | €62,303 | +€35,065 | +128.7% |
| Trade receivables | 40 | - | €12,436 | +€12,436 | |
| Other amounts receivable | 41 | €27,238 | €49,867 | +€22,629 | +83.1% |
| Current investments | 50/53 | €113,297 | - | -€113,297 | |
| Cash at bank and in hand | 54/58 | - | €214,027 | +€214,027 | |
| Total equity and liabilities | 10/49 | €210,972 | €328,332 | +€117,360 | +55.6% |
| Equity | 10/15 | €206,516 | €320,831 | +€114,315 | +55.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €201,516 | €315,832 | +€114,316 | +56.7% |
| Distributable reserves | 133 | €201,516 | €315,832 | +€114,316 | +56.7% |
| Profit (loss) carried forward | 14 | €0 | -€1 | -€1 | |
| Amounts payable | 17/49 | €4,456 | €7,501 | +€3,045 | +68.3% |
| Amounts payable within one year | 42/48 | €4,456 | €7,501 | +€3,045 | +68.3% |
| Trade debts | 44 | €4,276 | €6,408 | +€2,132 | +49.9% |
| Suppliers | 440/4 | €4,276 | €6,408 | +€2,132 | +49.9% |
| Taxes, remuneration and social security | 45 | €180 | €1,093 | +€913 | +507.2% |
| Taxes | 450/3 | €180 | €331 | +€151 | +83.9% |
| Remuneration and social security | 454/9 | - | €762 | +€762 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Turnover | 70 | €601,795 | €799,735 | +€197,940 | +32.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €402,153 | €463,691 | +€61,538 | +15.3% |
| Remuneration, social security and pensions | 62 | €89,207 | €163,621 | +€74,414 | +83.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,949 | €8,742 | -€207 | -2.3% |
| Other operating charges | 640/8 | €16,206 | €2,365 | -€13,841 | -85.4% |
| Gross operating margin | 9900 | €198,946 | €333,694 | +€134,748 | +67.7% |
| Operating profit (loss) | 9901 | €84,584 | €158,966 | +€74,382 | +87.9% |
| Financial income | 75/76B | €696 | €2,716 | +€2,020 | +290.2% |
| Recurring financial income | 75 | €696 | €2,716 | +€2,020 | +290.2% |
| Financial charges | 65/66B | €674 | €2,911 | +€2,237 | +331.9% |
| Recurring financial charges | 65 | €674 | €2,866 | +€2,192 | +325.2% |
| Non-recurring financial charges | 66B | €0 | €45 | +€45 | |
| Profit (loss) for the period before taxes | 9903 | €84,606 | €158,771 | +€74,165 | +87.7% |
| Income taxes | 67/77 | €23,690 | €44,456 | +€20,766 | +87.7% |
| Profit (loss) for the period | 9904 | €60,916 | €114,315 | +€53,399 | +87.7% |
| Profit (loss) for the period to be appropriated | 9905 | €60,916 | €114,315 | +€53,399 | +87.7% |
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 7 October 2026 via checked.be.