FINNIAN & COLUMBA: 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.
FINNIAN & COLUMBA
Largest movements
- Cash +€12,358
up €12,358 (+335%), from €3,692 to €16,049
mainly Other debts (+€40,346) and Net result for the year (+€22,863)
- Receivables within one year +€3,500
up €3,500 (+4.2%), from €82,616 to €86,117
of which Other amounts receivable: +€2,396
- Other debts +€40,346
up €40,346 (+55.9%), from €72,226 to €112,571
- Reserves -€24,680
down €24,680 (-25.7%), from €96,086 to €71,406
- Tax, wage and social debts +€9,693
up €9,693 (+693%), from €1,398 to €11,090
- Trade debts -€5,330
down €5,330 (-81.4%), from €6,549 to €1,219
- Short-term financial debts -€3,364
down €3,364 (-98.2%), from €3,427 to €63
- Gross operating margin +€44,258
up €44,258, from -€10,629 to €33,629
- Taxes +€5,943
new in 2025: €5,943
- Other operating charges +€3,452
up €3,452 (+1,047%), from €330 to €3,781
- Write-downs -€2,076
no longer reported in 2025 (was €2,076)
- Financial income -€1,939
down €1,939 (-99.6%), from €1,947 to €8
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 | €198,285 | €214,950 | +€16,665 | +8.4% |
| Fixed assets | 21/28 | €107,425 | €108,967 | +€1,542 | +1.4% |
| Intangible fixed assets | 21 | - | €1,542 | +€1,542 | |
| Financial fixed assets | 28 | €107,425 | €107,425 | = | 0.0% |
| Current assets | 29/58 | €90,860 | €105,982 | +€15,122 | +16.6% |
| Amounts receivable within one year | 40/41 | €82,616 | €86,117 | +€3,500 | +4.2% |
| Trade receivables | 40 | €64,616 | €65,721 | +€1,104 | +1.7% |
| Other amounts receivable | 41 | €18,000 | €20,396 | +€2,396 | +13.3% |
| Cash at bank and in hand | 54/58 | €3,692 | €16,049 | +€12,358 | +335% |
| Deferred charges and accrued income | 490/1 | €4,552 | €3,817 | -€736 | -16.2% |
| Total equity and liabilities | 10/49 | €198,285 | €214,950 | +€16,665 | +8.4% |
| Equity | 10/15 | €114,686 | €90,006 | -€24,680 | -21.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €96,086 | €71,406 | -€24,680 | -25.7% |
| Distributable reserves | 133 | €96,086 | €71,406 | -€24,680 | -25.7% |
| Amounts payable | 17/49 | €83,599 | €124,944 | +€41,344 | +49.5% |
| Amounts payable within one year | 42/48 | €83,599 | €124,944 | +€41,344 | +49.5% |
| Financial debts | 43 | €3,427 | €63 | -€3,364 | -98.2% |
| Credit institutions | 430/8 | €3,427 | €63 | -€3,364 | -98.2% |
| Trade debts | 44 | €6,549 | €1,219 | -€5,330 | -81.4% |
| Suppliers | 440/4 | €6,549 | €1,219 | -€5,330 | -81.4% |
| Taxes, remuneration and social security | 45 | €1,398 | €11,090 | +€9,693 | +693% |
| Taxes | 450/3 | €1,398 | €11,090 | +€9,693 | +693% |
| Other amounts payable | 47/48 | €72,226 | €112,571 | +€40,346 | +55.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €272 | €458 | +€186 | +68.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,076 | - | -€2,076 | |
| Other operating charges | 640/8 | €330 | €3,781 | +€3,452 | +1,047% |
| Gross operating margin | 9900 | -€10,629 | €33,629 | +€44,258 | |
| Operating profit (loss) | 9901 | -€13,307 | €29,390 | +€42,697 | |
| Financial income | 75/76B | €1,947 | €8 | -€1,939 | -99.6% |
| Recurring financial income | 75 | €1,947 | €8 | -€1,939 | -99.6% |
| Financial charges | 65/66B | €1,094 | €591 | -€503 | -46.0% |
| Recurring financial charges | 65 | €1,094 | €591 | -€503 | -46.0% |
| Profit (loss) for the period before taxes | 9903 | -€12,455 | €28,806 | +€41,261 | |
| Income taxes | 67/77 | - | €5,943 | +€5,943 | |
| Profit (loss) for the period | 9904 | -€12,455 | €22,863 | +€35,318 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,455 | €22,863 | +€35,318 |
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 19 October 2026 via checked.be.