FINNO: 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.
FINNO
Largest movements
- Financial fixed assets +€100,000
new in 2025: €100,000
- Cash -€79,266
down €79,266 (-70.8%), from €111,901 to €32,635
mainly Investment in fixed assets (net) (-€103,214) and Current portion of long-term debt (-€12,543)
- Receivables within one year -€25,300
down €25,300 (-94.2%), from €26,871 to €1,571
of which Trade receivables: -€26,082
- Tangible fixed assets -€16,306
down €16,306 (-21.7%), from €75,271 to €58,965
- Current portion of long-term debt -€12,543
down €12,543 (-35.3%), from €35,571 to €23,028
- Tax, wage and social debts -€6,518
down €6,518 (-20.9%), from €31,167 to €24,649
- Profit (loss) carried forward +€3,064
up €3,064 (+2.3%), from €134,182 to €137,246
- Debts after one year -€3,028
no longer reported in 2025 (was €3,028)
- Gross operating margin -€103,237
down €103,237 (-83.2%), from €124,098 to €20,861
- Taxes -€19,071
down €19,071 (-86.6%), from €22,025 to €2,953
- Financial income +€5,592
up €5,592 (+1,064%), from €526 to €6,118
- Depreciation +€2,224
up €2,224 (+12.9%), from €17,296 to €19,520
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 | €214,044 | €193,671 | -€20,373 | -9.5% |
| Fixed assets | 21/28 | €75,271 | €158,965 | +€83,694 | +111% |
| Tangible fixed assets | 22/27 | €75,271 | €58,965 | -€16,306 | -21.7% |
| Furniture and vehicles | 24 | €75,271 | €58,965 | -€16,306 | -21.7% |
| Financial fixed assets | 28 | - | €100,000 | +€100,000 | |
| Current assets | 29/58 | €138,772 | €34,706 | -€104,066 | -75.0% |
| Amounts receivable within one year | 40/41 | €26,871 | €1,571 | -€25,300 | -94.2% |
| Trade receivables | 40 | €26,082 | - | -€26,082 | |
| Other amounts receivable | 41 | €789 | €1,571 | +€782 | +99.1% |
| Cash at bank and in hand | 54/58 | €111,901 | €32,635 | -€79,266 | -70.8% |
| Deferred charges and accrued income | 490/1 | - | €500 | +€500 | |
| Total equity and liabilities | 10/49 | €214,044 | €193,671 | -€20,373 | -9.5% |
| Equity | 10/15 | €137,182 | €140,246 | +€3,064 | +2.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €134,182 | €137,246 | +€3,064 | +2.3% |
| Amounts payable | 17/49 | €76,862 | €53,425 | -€23,436 | -30.5% |
| Amounts payable after more than one year | 17 | €3,028 | - | -€3,028 | |
| Financial debts | 170/4 | €3,028 | - | -€3,028 | |
| Amounts payable within one year | 42/48 | €70,334 | €51,425 | -€18,909 | -26.9% |
| Current portion of amounts payable after more than one year | 42 | €35,571 | €23,028 | -€12,543 | -35.3% |
| Trade debts | 44 | €3,501 | €3,654 | +€153 | +4.4% |
| Suppliers | 440/4 | €3,501 | €3,654 | +€153 | +4.4% |
| Taxes, remuneration and social security | 45 | €31,167 | €24,649 | -€6,518 | -20.9% |
| Taxes | 450/3 | €31,167 | €24,649 | -€6,518 | -20.9% |
| Other amounts payable | 47/48 | €96 | €95 | -€1 | -0.5% |
| Accrued charges and deferred income | 492/3 | €3,500 | €2,000 | -€1,500 | -42.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,296 | €19,520 | +€2,224 | +12.9% |
| Other operating charges | 640/8 | €313 | €268 | -€44 | -14.2% |
| Gross operating margin | 9900 | €124,098 | €20,861 | -€103,237 | -83.2% |
| Operating profit (loss) | 9901 | €106,489 | €1,073 | -€105,416 | -99.0% |
| Financial income | 75/76B | €526 | €6,118 | +€5,592 | +1,064% |
| Recurring financial income | 75 | €526 | €6,118 | +€5,592 | +1,064% |
| Financial charges | 65/66B | €2,293 | €1,174 | -€1,119 | -48.8% |
| Recurring financial charges | 65 | €2,293 | €1,174 | -€1,119 | -48.8% |
| Profit (loss) for the period before taxes | 9903 | €104,722 | €6,017 | -€98,705 | -94.3% |
| Income taxes | 67/77 | €22,025 | €2,953 | -€19,071 | -86.6% |
| Profit (loss) for the period | 9904 | €82,697 | €3,064 | -€79,633 | -96.3% |
| Profit (loss) for the period to be appropriated | 9905 | €82,697 | €3,064 | -€79,633 | -96.3% |
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 17 October 2026 via checked.be.