FINN: 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.
FINN
Largest movements
- Tangible fixed assets -€15,495
down €15,495 (-6.3%), from €246,576 to €231,081
of which Land and buildings: -€15,260
- Profit (loss) carried forward -€23,777
down €23,777 (-21.3%), from €111,865 to €88,088
- Other debts +€10,623
up €10,623 (+5.5%), from €192,340 to €202,963
- Tax, wage and social debts +€5,730
up €5,730 (+137.9%), from €4,156 to €9,886
- Gross operating margin +€35,317
up €35,317, from -€23,306 to €12,011
- Depreciation +€5,146
up €5,146 (+32.3%), from €15,940 to €21,086
- Financial charges +€1,953
up €1,953 (+24.3%), from €8,048 to €10,001
- Taxes +€810
new in 2024: €810
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €395,584 | €383,349 | -€12,235 | -3.1% |
| Fixed assets | 21/28 | €246,576 | €231,081 | -€15,495 | -6.3% |
| Tangible fixed assets | 22/27 | €246,576 | €231,081 | -€15,495 | -6.3% |
| Land and buildings | 22 | €241,233 | €225,973 | -€15,260 | -6.3% |
| Plant, machinery and equipment | 23 | €2,568 | €3,338 | +€770 | +30.0% |
| Furniture and vehicles | 24 | €2,775 | €1,770 | -€1,005 | -36.2% |
| Current assets | 29/58 | €149,008 | €152,268 | +€3,260 | +2.2% |
| Amounts receivable within one year | 40/41 | €148,176 | €148,748 | +€572 | +0.4% |
| Trade receivables | 40 | €7,081 | €7,572 | +€491 | +6.9% |
| Other amounts receivable | 41 | €141,095 | €141,176 | +€81 | +0.1% |
| Cash at bank and in hand | 54/58 | €625 | €3,194 | +€2,569 | +411.0% |
| Deferred charges and accrued income | 490/1 | €207 | €326 | +€119 | +57.5% |
| Total equity and liabilities | 10/49 | €395,584 | €383,349 | -€12,235 | -3.1% |
| Equity | 10/15 | €188,216 | €164,439 | -€23,777 | -12.6% |
| Contributions | 10/11 | €69,410 | €69,410 | = | 0.0% |
| Capital | 10 | €69,410 | €69,410 | = | 0.0% |
| Issued capital | 100 | €69,410 | €69,410 | = | 0.0% |
| Reserves | 13 | €6,941 | €6,941 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,941 | €6,941 | = | 0.0% |
| Legal reserve | 130 | €6,941 | €6,941 | = | 0.0% |
| Profit (loss) carried forward | 14 | €111,865 | €88,088 | -€23,777 | -21.3% |
| Amounts payable | 17/49 | €207,368 | €218,910 | +€11,542 | +5.6% |
| Amounts payable within one year | 42/48 | €207,368 | €218,910 | +€11,542 | +5.6% |
| Financial debts | 43 | €1,706 | - | -€1,706 | |
| Other loans | 439 | €1,706 | - | -€1,706 | |
| Trade debts | 44 | €9,166 | €6,061 | -€3,105 | -33.9% |
| Suppliers | 440/4 | €9,166 | €6,061 | -€3,105 | -33.9% |
| Taxes, remuneration and social security | 45 | €4,156 | €9,886 | +€5,730 | +137.9% |
| Taxes | 450/3 | €4,156 | €9,886 | +€5,730 | +137.9% |
| Other amounts payable | 47/48 | €192,340 | €202,963 | +€10,623 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,940 | €21,086 | +€5,146 | +32.3% |
| Other operating charges | 640/8 | €3,827 | €3,891 | +€64 | +1.7% |
| Gross operating margin | 9900 | -€23,306 | €12,011 | +€35,317 | |
| Operating profit (loss) | 9901 | -€43,073 | -€12,966 | +€30,107 | +69.9% |
| Financial charges | 65/66B | €8,048 | €10,001 | +€1,953 | +24.3% |
| Recurring financial charges | 65 | €8,048 | €10,001 | +€1,953 | +24.3% |
| Profit (loss) for the period before taxes | 9903 | -€51,121 | -€22,967 | +€28,154 | +55.1% |
| Income taxes | 67/77 | - | €810 | +€810 | |
| Profit (loss) for the period | 9904 | -€51,121 | -€23,777 | +€27,344 | +53.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€51,121 | -€23,777 | +€27,344 | +53.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.