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
- Financial fixed assets +€8.5m
up €8.5m (+69034.1%), from €12,384 to €8.6m
- Cash -€3.6m
down €3.6m (-95.1%), from €3.8m to €184,556
- Receivables within one year +€796,583
up €796,583 (+101.5%), from €784,614 to €1.6m
of which Other amounts receivable: +€829,623
- Debts after one year +€8.1m
new in 2025: €8.1m
of which Other amounts payable: +€7.4m
- Other debts -€3.6m
down €3.6m (-93.8%), from €3.9m to €240,440
- Reserves +€1.0m
up €1.0m (+306.0%), from €342,692 to €1.4m
of which Distributable reserves: +€1.1m
- Accrued charges and deferred income +€205,441
up €205,441 (+21233.8%), from €968 to €206,409
- Trade debts +€128,646
up €128,646 (+106.0%), from €121,324 to €249,970
- Gross operating margin -€346,533
down €346,533 (-11.5%), from €3.0m to €2.7m
- Financial charges +€239,370
up €239,370 (+3484.2%), from €6,870 to €246,241
- Taxes -€103,566
down €103,566 (-22.4%), from €461,871 to €358,305
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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,749,313 | €10,467,115 | +€5.7m | +120.4% |
| Fixed assets | 21/28 | €173,490 | €8,670,857 | +€8.5m | +4897.9% |
| Intangible fixed assets | 21 | €7,611 | €4,413 | -€3,198 | -42.0% |
| Tangible fixed assets | 22/27 | €153,495 | €104,822 | -€48,673 | -31.7% |
| Plant, machinery and equipment | 23 | €804 | €468 | -€336 | -41.7% |
| Furniture and vehicles | 24 | €34,024 | €10,676 | -€23,348 | -68.6% |
| Other tangible fixed assets | 26 | €118,667 | €93,677 | -€24,990 | -21.1% |
| Financial fixed assets | 28 | €12,384 | €8,561,623 | +€8.5m | +69034.1% |
| Current assets | 29/58 | €4,575,822 | €1,796,257 | -€2.8m | -60.7% |
| Amounts receivable within one year | 40/41 | €784,614 | €1,581,198 | +€796,583 | +101.5% |
| Trade receivables | 40 | €756,944 | €723,904 | -€33,040 | -4.4% |
| Other amounts receivable | 41 | €27,671 | €857,294 | +€829,623 | +2998.2% |
| Cash at bank and in hand | 54/58 | €3,766,666 | €184,556 | -€3.6m | -95.1% |
| Deferred charges and accrued income | 490/1 | €24,542 | €30,503 | +€5,962 | +24.3% |
| Total equity and liabilities | 10/49 | €4,749,313 | €10,467,115 | +€5.7m | +120.4% |
| Equity | 10/15 | €516,300 | €1,565,089 | +€1.0m | +203.1% |
| Contributions | 10/11 | €173,608 | €173,608 | = | 0.0% |
| Reserves | 13 | €342,692 | €1,391,481 | +€1.0m | +306.0% |
| Non-distributable reserves | 130/1 | €17,361 | €0 | -€17,361 | -100.0% |
| Reserves not available under the articles | 1311 | €17,361 | €0 | -€17,361 | -100.0% |
| Tax-exempt reserves | 132 | €18,140 | €18,140 | = | 0.0% |
| Distributable reserves | 133 | €307,192 | €1,373,341 | +€1.1m | +347.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €4,233,012 | €8,902,025 | +€4.7m | +110.3% |
| Amounts payable after more than one year | 17 | - | €8,050,000 | +€8.1m | |
| Financial debts | 170/4 | - | €700,000 | +€700,000 | |
| Other amounts payable | 178/9 | - | €7,350,000 | +€7.4m | |
| Amounts payable within one year | 42/48 | €4,232,045 | €645,616 | -€3.6m | -84.7% |
| Trade debts | 44 | €121,324 | €249,970 | +€128,646 | +106.0% |
| Suppliers | 440/4 | €121,324 | €249,970 | +€128,646 | +106.0% |
| Taxes, remuneration and social security | 45 | €228,199 | €155,207 | -€72,992 | -32.0% |
| Taxes | 450/3 | €75,856 | €75,947 | +€91 | +0.1% |
| Remuneration and social security | 454/9 | €152,344 | €79,260 | -€73,083 | -48.0% |
| Other amounts payable | 47/48 | €3,882,522 | €240,440 | -€3.6m | -93.8% |
| Accrued charges and deferred income | 492/3 | €968 | €206,409 | +€205,441 | +21233.8% |
| Remuneration, social security and pensions | 62 | €967,698 | €975,293 | +€7,594 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,845 | €42,090 | +€4,245 | +11.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €24,000 | €5,400 | -€18,600 | -77.5% |
| Other operating charges | 640/8 | €2,897 | €27,645 | +€24,748 | +854.2% |
| Gross operating margin | 9900 | €3,019,246 | €2,672,714 | -€346,533 | -11.5% |
| Operating profit (loss) | 9901 | €1,986,806 | €1,622,285 | -€364,520 | -18.3% |
| Financial income | 75/76B | €11,545 | €31,049 | +€19,504 | +168.9% |
| Recurring financial income | 75 | €11,545 | €31,049 | +€19,504 | +168.9% |
| Financial charges | 65/66B | €6,870 | €246,241 | +€239,370 | +3484.2% |
| Recurring financial charges | 65 | €6,870 | €246,241 | +€239,370 | +3484.2% |
| Profit (loss) for the period before taxes | 9903 | €1,991,481 | €1,407,094 | -€584,387 | -29.3% |
| Income taxes | 67/77 | €461,871 | €358,305 | -€103,566 | -22.4% |
| Profit (loss) for the period | 9904 | €1,529,610 | €1,048,789 | -€480,821 | -31.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,529,610 | €1,048,789 | -€480,821 | -31.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.