FINO: 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.
FINO
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Reserves +€105,000
up €105,000 (+40.4%), from €260,000 to €365,000
- Debts after one year -€100,000
down €100,000 (-6.7%), from €1.5m to €1.4m
- Financial income +€25,650
up €25,650 (+34.1%), from €75,150 to €100,800
- Gross operating margin +€2,745
up €2,745 (+54.3%), from €5,056 to €7,801
- Other operating charges +€585
up €585 (+116.4%), from €502 to €1,088
- Taxes +€468
up €468 (+59.0%), from €792 to €1,260
- Depreciation +€128
up €128 (+4.9%), from €2,613 to €2,741
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 | €1,826,144 | €1,830,419 | +€4,275 | +0.2% |
| Fixed assets | 21/28 | €1,808,485 | €1,806,909 | -€1,576 | -0.1% |
| Tangible fixed assets | 22/27 | €8,485 | €6,909 | -€1,576 | -18.6% |
| Plant, machinery and equipment | 23 | €1,842 | €1,430 | -€412 | -22.4% |
| Furniture and vehicles | 24 | €6,643 | €5,478 | -€1,165 | -17.5% |
| Financial fixed assets | 28 | €1,800,000 | €1,800,000 | = | 0.0% |
| Current assets | 29/58 | €17,659 | €23,510 | +€5,852 | +33.1% |
| Amounts receivable within one year | 40/41 | €1,381 | €657 | -€724 | -52.4% |
| Trade receivables | 40 | €467 | - | -€467 | |
| Other amounts receivable | 41 | €914 | €657 | -€257 | -28.2% |
| Cash at bank and in hand | 54/58 | €16,278 | €22,854 | +€6,576 | +40.4% |
| Total equity and liabilities | 10/49 | €1,826,144 | €1,830,419 | +€4,275 | +0.2% |
| Equity | 10/15 | €268,659 | €372,133 | +€103,474 | +38.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €260,000 | €365,000 | +€105,000 | +40.4% |
| Distributable reserves | 133 | €260,000 | €365,000 | +€105,000 | +40.4% |
| Profit (loss) carried forward | 14 | €4,659 | €3,133 | -€1,526 | -32.8% |
| Amounts payable | 17/49 | €1,557,485 | €1,458,286 | -€99,199 | -6.4% |
| Amounts payable after more than one year | 17 | €1,487,300 | €1,387,300 | -€100,000 | -6.7% |
| Financial debts | 170/4 | €1,487,300 | €1,387,300 | -€100,000 | -6.7% |
| Amounts payable within one year | 42/48 | €70,185 | €70,986 | +€801 | +1.1% |
| Financial debts | 43 | €62,500 | €62,500 | = | 0.0% |
| Other loans | 439 | €62,500 | €62,500 | = | 0.0% |
| Trade debts | 44 | - | €1,320 | +€1,320 | |
| Suppliers | 440/4 | - | €1,320 | +€1,320 | |
| Taxes, remuneration and social security | 45 | €7,685 | €7,166 | -€519 | -6.7% |
| Taxes | 450/3 | €7,685 | €7,166 | -€519 | -6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,613 | €2,741 | +€128 | +4.9% |
| Other operating charges | 640/8 | €502 | €1,088 | +€585 | +116.4% |
| Gross operating margin | 9900 | €5,056 | €7,801 | +€2,745 | +54.3% |
| Operating profit (loss) | 9901 | €1,941 | €3,973 | +€2,032 | +104.7% |
| Financial income | 75/76B | €75,150 | €100,800 | +€25,650 | +34.1% |
| Recurring financial income | 75 | €75,150 | €100,800 | +€25,650 | +34.1% |
| Financial charges | 65/66B | €35 | €39 | +€4 | +12.0% |
| Recurring financial charges | 65 | €35 | €39 | +€4 | +12.0% |
| Profit (loss) for the period before taxes | 9903 | €77,056 | €104,734 | +€27,678 | +35.9% |
| Income taxes | 67/77 | €792 | €1,260 | +€468 | +59.0% |
| Profit (loss) for the period | 9904 | €76,264 | €103,474 | +€27,210 | +35.7% |
| Profit (loss) for the period to be appropriated | 9905 | €76,264 | €103,474 | +€27,210 | +35.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.