FINNLINES BELGIUM: 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.
FINNLINES BELGIUM
Largest movements
- Cash -€32,219
down €32,219 (-48.5%), from €66,371 to €34,152
mainly Trade debts (-€58,469) and Receivables within one year (-€27,041)
- Receivables within one year +€27,041
up €27,041 (+3.7%), from €738,606 to €765,647
of which Other amounts receivable: +€39,362
- Trade debts -€58,469
down €58,469 (-57.7%), from €101,347 to €42,878
- Tax, wage and social debts +€41,661
up €41,661 (+19.4%), from €214,584 to €256,245
of which Taxes: +€23,076
- Profit (loss) carried forward +€9,906
up €9,906 (+2.2%), from €440,530 to €450,436
- Staff costs +€304,663
up €304,663 (+19.5%), from €1.6m to €1.9m
- Taxes -€76,579
down €76,579 (-75.2%), from €101,803 to €25,224
- Other operating charges -€47,630
down €47,630 (-99.0%), from €48,105 to €475
- Other operating income -€40,654
down €40,654 (-56.0%), from €72,594 to €31,940
- Goods and materials -€26,336
down €26,336 (-17.5%), from €150,071 to €123,735
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 | €829,402 | €822,672 | -€6,730 | -0.8% |
| Fixed assets | 21/28 | €20,635 | €18,788 | -€1,847 | -9.0% |
| Tangible fixed assets | 22/27 | €16,888 | €15,041 | -€1,847 | -10.9% |
| Furniture and vehicles | 24 | €16,888 | €15,041 | -€1,847 | -10.9% |
| Financial fixed assets | 28 | €3,747 | €3,747 | = | 0.0% |
| Other financial fixed assets | 284/8 | €3,747 | €3,747 | = | 0.0% |
| Shares | 284 | €992 | €992 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €2,755 | €2,755 | = | 0.0% |
| Current assets | 29/58 | €808,768 | €803,885 | -€4,883 | -0.6% |
| Amounts receivable within one year | 40/41 | €738,606 | €765,647 | +€27,041 | +3.7% |
| Trade receivables | 40 | €199,811 | €187,490 | -€12,321 | -6.2% |
| Other amounts receivable | 41 | €538,795 | €578,157 | +€39,362 | +7.3% |
| Cash at bank and in hand | 54/58 | €66,371 | €34,152 | -€32,219 | -48.5% |
| Deferred charges and accrued income | 490/1 | €3,790 | €4,085 | +€295 | +7.8% |
| Total equity and liabilities | 10/49 | €829,402 | €822,672 | -€6,730 | -0.8% |
| Equity | 10/15 | €508,700 | €518,606 | +€9,906 | +1.9% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | €440,530 | €450,436 | +€9,906 | +2.2% |
| Amounts payable | 17/49 | €320,702 | €304,066 | -€16,636 | -5.2% |
| Amounts payable within one year | 42/48 | €320,702 | €304,066 | -€16,636 | -5.2% |
| Trade debts | 44 | €101,347 | €42,878 | -€58,469 | -57.7% |
| Suppliers | 440/4 | €101,347 | €42,878 | -€58,469 | -57.7% |
| Taxes, remuneration and social security | 45 | €214,584 | €256,245 | +€41,661 | +19.4% |
| Taxes | 450/3 | €72,661 | €95,736 | +€23,076 | +31.8% |
| Remuneration and social security | 454/9 | €141,923 | €160,509 | +€18,585 | +13.1% |
| Other amounts payable | 47/48 | €4,772 | €4,943 | +€172 | +3.6% |
| Operating income | 70/76A | €2,502,227 | €2,454,021 | -€48,205 | -1.9% |
| Turnover | 70 | €2,429,633 | €2,422,082 | -€7,551 | -0.3% |
| Other operating income | 74 | €72,594 | €31,940 | -€40,654 | -56.0% |
| Operating charges | 60/66A | €2,178,904 | €2,394,573 | +€215,670 | +9.9% |
| Goods for resale, raw materials and consumables | 60 | €150,071 | €123,735 | -€26,336 | -17.5% |
| Purchases | 600/8 | €150,071 | €123,735 | -€26,336 | -17.5% |
| Services and other goods | 61 | €409,109 | €399,468 | -€9,640 | -2.4% |
| Remuneration, social security and pensions | 62 | €1,559,462 | €1,864,125 | +€304,663 | +19.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,156 | €6,770 | -€5,386 | -44.3% |
| Other operating charges | 640/8 | €48,105 | €475 | -€47,630 | -99.0% |
| Operating profit (loss) | 9901 | €323,323 | €59,448 | -€263,875 | -81.6% |
| Financial income | 75/76B | €8,294 | €8,949 | +€655 | +7.9% |
| Recurring financial income | 75 | €8,294 | €8,949 | +€655 | +7.9% |
| Other financial income | 752/9 | €8,294 | €8,949 | +€655 | +7.9% |
| Financial charges | 65/66B | €24,801 | €33,267 | +€8,466 | +34.1% |
| Recurring financial charges | 65 | €24,801 | €33,267 | +€8,466 | +34.1% |
| Debt charges | 650 | €20,021 | €31,510 | +€11,489 | +57.4% |
| Other financial charges | 652/9 | €4,780 | €1,756 | -€3,023 | -63.3% |
| Profit (loss) for the period before taxes | 9903 | €306,816 | €35,130 | -€271,686 | -88.6% |
| Income taxes | 67/77 | €101,803 | €25,224 | -€76,579 | -75.2% |
| Taxes | 670/3 | €101,803 | €25,224 | -€76,579 | -75.2% |
| Profit (loss) for the period | 9904 | €205,013 | €9,906 | -€195,107 | -95.2% |
| Profit (loss) for the period to be appropriated | 9905 | €205,013 | €9,906 | -€195,107 | -95.2% |
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 31 October 2026 via checked.be.