FInMan: 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.
FInMan
Largest movements
- Tangible fixed assets -€21,115
down €21,115 (-46.5%), from €45,441 to €24,327
of which Furniture and vehicles: -€16,270
- Receivables within one year -€20,332
down €20,332 (-19.1%), from €106,179 to €85,847
of which Trade receivables: -€10,525
- Cash +€18,677
up €18,677 (+223%), from €8,381 to €27,058
mainly Other debts (+€32,000) and Depreciation (+€25,035)
- Other debts +€32,000
up €32,000, from €0 to €32,000
- Reserves -€29,740
down €29,740 (-47.2%), from €62,948 to €33,208
- Trade debts -€29,088
down €29,088 (-56.3%), from €51,693 to €22,605
- Tax, wage and social debts +€3,983
up €3,983 (+27.4%), from €14,511 to €18,494
- Gross operating margin +€9,811
up €9,811 (+33.8%), from €29,021 to €38,832
- Depreciation +€6,554
up €6,554 (+35.5%), from €18,481 to €25,035
- Financial income -€774
down €774 (-100%), from €774 to €0
- Taxes +€436
up €436 (+10.3%), from €4,215 to €4,650
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 | €160,575 | €137,746 | -€22,829 | -14.2% |
| Fixed assets | 21/28 | €45,441 | €24,327 | -€21,115 | -46.5% |
| Tangible fixed assets | 22/27 | €45,441 | €24,327 | -€21,115 | -46.5% |
| Furniture and vehicles | 24 | €29,468 | €13,198 | -€16,270 | -55.2% |
| Other tangible fixed assets | 26 | €15,974 | €11,129 | -€4,845 | -30.3% |
| Current assets | 29/58 | €115,133 | €113,419 | -€1,714 | -1.5% |
| Amounts receivable within one year | 40/41 | €106,179 | €85,847 | -€20,332 | -19.1% |
| Trade receivables | 40 | €95,984 | €85,459 | -€10,525 | -11.0% |
| Other amounts receivable | 41 | €10,195 | €387 | -€9,808 | -96.2% |
| Cash at bank and in hand | 54/58 | €8,381 | €27,058 | +€18,677 | +223% |
| Deferred charges and accrued income | 490/1 | €573 | €514 | -€59 | -10.2% |
| Total equity and liabilities | 10/49 | €160,575 | €137,746 | -€22,829 | -14.2% |
| Equity | 10/15 | €83,408 | €53,668 | -€29,740 | -35.7% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €62,948 | €33,208 | -€29,740 | -47.2% |
| Distributable reserves | 133 | €62,948 | €33,208 | -€29,740 | -47.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €77,167 | €84,077 | +€6,911 | +9.0% |
| Amounts payable within one year | 42/48 | €75,812 | €83,077 | +€7,265 | +9.6% |
| Financial debts | 43 | €9,608 | €9,978 | +€370 | +3.9% |
| Credit institutions | 430/8 | €9,608 | €9,978 | +€370 | +3.9% |
| Trade debts | 44 | €51,693 | €22,605 | -€29,088 | -56.3% |
| Suppliers | 440/4 | €51,693 | €22,605 | -€29,088 | -56.3% |
| Taxes, remuneration and social security | 45 | €14,511 | €18,494 | +€3,983 | +27.4% |
| Taxes | 450/3 | €14,511 | €18,494 | +€3,983 | +27.4% |
| Other amounts payable | 47/48 | €0 | €32,000 | +€32,000 | |
| Accrued charges and deferred income | 492/3 | €1,354 | €1,000 | -€354 | -26.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,481 | €25,035 | +€6,554 | +35.5% |
| Other operating charges | 640/8 | €1,297 | €1,406 | +€109 | +8.4% |
| Gross operating margin | 9900 | €29,021 | €38,832 | +€9,811 | +33.8% |
| Operating profit (loss) | 9901 | €9,244 | €12,392 | +€3,148 | +34.1% |
| Financial income | 75/76B | €774 | €0 | -€774 | -100% |
| Recurring financial income | 75 | €774 | €0 | -€774 | -100% |
| Financial charges | 65/66B | €1,899 | €2,187 | +€288 | +15.2% |
| Recurring financial charges | 65 | €1,899 | €2,187 | +€288 | +15.2% |
| Profit (loss) for the period before taxes | 9903 | €8,119 | €10,205 | +€2,086 | +25.7% |
| Income taxes | 67/77 | €4,215 | €4,650 | +€436 | +10.3% |
| Profit (loss) for the period | 9904 | €3,904 | €5,555 | +€1,650 | +42.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,904 | €5,555 | +€1,650 | +42.3% |
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.