Finnco Technics: 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.
Finnco Technics
Largest movements
- Stocks and contracts +€24,297
up €24,297 (+70.7%), from €34,367 to €58,664
of which Contracts in progress: +€14,150
- Tangible fixed assets +€20,385
up €20,385 (+56.5%), from €36,101 to €56,486
of which Furniture and vehicles: +€18,324
- Receivables within one year +€18,458
up €18,458 (+26.6%), from €69,515 to €87,973
of which Other amounts receivable: +€21,537
- Cash +€6,467
up €6,467 (+14.9%), from €43,445 to €49,913
mainly Net result for the year (+€55,152) and Trade debts (+€21,310)
- Reserves +€55,152
up €55,152 (+180.6%), from €30,535 to €85,687
- Trade debts +€21,310
up €21,310 (+74.1%), from €28,754 to €50,064
- Debts after one year -€6,057
down €6,057 (-34.9%), from €17,356 to €11,299
- Staff costs -€32,738
down €32,738 (-29.1%), from €112,542 to €79,805
- Gross operating margin -€8,911
down €8,911 (-5.2%), from €170,837 to €161,926
- Taxes +€3,513
up €3,513 (+38.8%), from €9,042 to €12,555
- Financial charges -€2,553
down €2,553 (-34.3%), from €7,449 to €4,896
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 | €185,233 | €255,467 | +€70,234 | +37.9% |
| Fixed assets | 21/28 | €36,101 | €56,486 | +€20,385 | +56.5% |
| Tangible fixed assets | 22/27 | €36,101 | €56,486 | +€20,385 | +56.5% |
| Plant, machinery and equipment | 23 | €8,330 | €10,391 | +€2,061 | +24.7% |
| Furniture and vehicles | 24 | €27,771 | €46,095 | +€18,324 | +66.0% |
| Current assets | 29/58 | €149,132 | €198,981 | +€49,849 | +33.4% |
| Stocks and contracts in progress | 3 | €34,367 | €58,664 | +€24,297 | +70.7% |
| Stocks | 30/36 | €24,079 | €34,225 | +€10,147 | +42.1% |
| Contracts in progress | 37 | €10,288 | €24,439 | +€14,150 | +137.5% |
| Amounts receivable within one year | 40/41 | €69,515 | €87,973 | +€18,458 | +26.6% |
| Trade receivables | 40 | €46,645 | €43,566 | -€3,079 | -6.6% |
| Other amounts receivable | 41 | €22,870 | €44,407 | +€21,537 | +94.2% |
| Cash at bank and in hand | 54/58 | €43,445 | €49,913 | +€6,467 | +14.9% |
| Deferred charges and accrued income | 490/1 | €1,804 | €2,431 | +€627 | +34.8% |
| Total equity and liabilities | 10/49 | €185,233 | €255,467 | +€70,234 | +37.9% |
| Equity | 10/15 | €33,535 | €88,687 | +€55,152 | +164.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €30,535 | €85,687 | +€55,152 | +180.6% |
| Distributable reserves | 133 | €30,535 | €85,687 | +€55,152 | +180.6% |
| Amounts payable | 17/49 | €151,698 | €166,781 | +€15,083 | +9.9% |
| Amounts payable after more than one year | 17 | €17,356 | €11,299 | -€6,057 | -34.9% |
| Financial debts | 170/4 | €17,356 | €11,299 | -€6,057 | -34.9% |
| Amounts payable within one year | 42/48 | €128,815 | €151,674 | +€22,859 | +17.7% |
| Current portion of amounts payable after more than one year | 42 | €5,783 | €6,057 | +€274 | +4.7% |
| Trade debts | 44 | €28,754 | €50,064 | +€21,310 | +74.1% |
| Suppliers | 440/4 | €28,754 | €50,064 | +€21,310 | +74.1% |
| Taxes, remuneration and social security | 45 | €19,279 | €20,553 | +€1,274 | +6.6% |
| Taxes | 450/3 | €9,042 | €11,597 | +€2,555 | +28.3% |
| Remuneration and social security | 454/9 | €10,237 | €8,956 | -€1,281 | -12.5% |
| Other amounts payable | 47/48 | €75,000 | €75,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €5,526 | €3,807 | -€1,719 | -31.1% |
| Remuneration, social security and pensions | 62 | €112,542 | €79,805 | -€32,738 | -29.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,003 | €10,157 | -€845 | -7.7% |
| Other operating charges | 640/8 | €1,187 | €1,447 | +€260 | +21.9% |
| Gross operating margin | 9900 | €170,837 | €161,926 | -€8,911 | -5.2% |
| Operating profit (loss) | 9901 | €46,105 | €70,518 | +€24,412 | +52.9% |
| Financial income | 75/76B | €921 | €2,085 | +€1,164 | +126.4% |
| Recurring financial income | 75 | €921 | €2,085 | +€1,164 | +126.4% |
| Financial charges | 65/66B | €7,449 | €4,896 | -€2,553 | -34.3% |
| Recurring financial charges | 65 | €7,449 | €4,896 | -€2,553 | -34.3% |
| Profit (loss) for the period before taxes | 9903 | €39,577 | €67,706 | +€28,129 | +71.1% |
| Income taxes | 67/77 | €9,042 | €12,555 | +€3,513 | +38.8% |
| Profit (loss) for the period | 9904 | €30,535 | €55,152 | +€24,617 | +80.6% |
| Profit (loss) for the period to be appropriated | 9905 | €30,535 | €55,152 | +€24,617 | +80.6% |
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 2 October 2026 via checked.be.