FINNEZ: 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.
FINNEZ
Largest movements
- Receivables within one year +€34,856
up €34,856 (+35.4%), from €98,385 to €133,241
of which Trade receivables: +€38,989
- Other debts +€16,304
up €16,304 (+5,426%), from €300 to €16,604
- Reserves +€6,599
up €6,599 (+7.7%), from €86,143 to €92,743
- Tax, wage and social debts +€6,563
up €6,563 (+162%), from €4,054 to €10,617
of which Taxes: +€9,113
- Trade debts +€3,318
up €3,318 (+33.4%), from €9,943 to €13,261
- Short-term financial debts +€3,031
up €3,031 (+374%), from €810 to €3,840
- Write-downs +€3,253
up €3,253 (+44.4%), from €7,335 to €10,589
- Gross operating margin -€2,192
down €2,192 (-8.9%), from €24,564 to €22,372
- Financial charges -€2,167
down €2,167 (-63.5%), from €3,415 to €1,248
- Depreciation -€1,329
down €1,329 (-56.6%), from €2,348 to €1,019
- Financial income +€1,195
new in 2024: €1,195
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.
Derived cash bridge
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 | €111,266 | €147,128 | +€35,862 | +32.2% |
| Fixed assets | 21/28 | €1,422 | €2,516 | +€1,094 | +77.0% |
| Tangible fixed assets | 22/27 | €1,422 | €2,516 | +€1,094 | +77.0% |
| Plant, machinery and equipment | 23 | €1,422 | €2,516 | +€1,094 | +77.0% |
| Current assets | 29/58 | €109,844 | €144,612 | +€34,768 | +31.7% |
| Amounts receivable within one year | 40/41 | €98,385 | €133,241 | +€34,856 | +35.4% |
| Trade receivables | 40 | €94,252 | €133,241 | +€38,989 | +41.4% |
| Other amounts receivable | 41 | €4,133 | - | -€4,133 | |
| Cash at bank and in hand | 54/58 | €1,196 | €43 | -€1,154 | -96.4% |
| Deferred charges and accrued income | 490/1 | €10,263 | €11,328 | +€1,065 | +10.4% |
| Total equity and liabilities | 10/49 | €111,266 | €147,128 | +€35,862 | +32.2% |
| Equity | 10/15 | €96,143 | €102,743 | +€6,599 | +6.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €86,143 | €92,743 | +€6,599 | +7.7% |
| Distributable reserves | 133 | €86,143 | €92,743 | +€6,599 | +7.7% |
| Amounts payable | 17/49 | €15,122 | €44,385 | +€29,263 | +194% |
| Amounts payable within one year | 42/48 | €15,107 | €44,323 | +€29,216 | +193% |
| Financial debts | 43 | €810 | €3,840 | +€3,031 | +374% |
| Credit institutions | 430/8 | €810 | €3,840 | +€3,031 | +374% |
| Trade debts | 44 | €9,943 | €13,261 | +€3,318 | +33.4% |
| Suppliers | 440/4 | €9,943 | €13,261 | +€3,318 | +33.4% |
| Taxes, remuneration and social security | 45 | €4,054 | €10,617 | +€6,563 | +162% |
| Taxes | 450/3 | €1,504 | €10,617 | +€9,113 | +606% |
| Remuneration and social security | 454/9 | €2,550 | - | -€2,550 | |
| Other amounts payable | 47/48 | €300 | €16,604 | +€16,304 | +5,426% |
| Accrued charges and deferred income | 492/3 | €15 | €62 | +€47 | +310% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,348 | €1,019 | -€1,329 | -56.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,335 | €10,589 | +€3,253 | +44.4% |
| Other operating charges | 640/8 | €557 | €529 | -€28 | -5.0% |
| Gross operating margin | 9900 | €24,564 | €22,372 | -€2,192 | -8.9% |
| Operating profit (loss) | 9901 | €14,323 | €10,235 | -€4,088 | -28.5% |
| Financial income | 75/76B | - | €1,195 | +€1,195 | |
| Recurring financial income | 75 | - | €1,195 | +€1,195 | |
| Financial charges | 65/66B | €3,415 | €1,248 | -€2,167 | -63.5% |
| Recurring financial charges | 65 | €3,415 | €1,248 | -€2,167 | -63.5% |
| Profit (loss) for the period before taxes | 9903 | €10,908 | €10,182 | -€726 | -6.7% |
| Income taxes | 67/77 | €3,867 | €3,583 | -€284 | -7.4% |
| Profit (loss) for the period | 9904 | €7,041 | €6,599 | -€442 | -6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,041 | €6,599 | -€442 | -6.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.