FINOA: what changed
What changed
FINOA
NACE 43.221, Plumbing work
filed annual accounts (NBB)
Net result for the year
€4,602
2024 · €23,783-€19,181
Equity
€148,785
2024 · €144,182+€4,602
Cash
€39,972
2024 · €39,609+€363
Balance sheet total
€406,344
2024 · €388,062+€18,282
Largest movements
Assets
- Receivables within one year +€15,952
up €15,952 (+4.6%), from €344,889 to €360,840
of which Other amounts receivable: +€11,820
Equity and liabilities
- Trade debts +€13,746
up €13,746 (+13.0%), from €105,707 to €119,453
- Tax, wage and social debts +€4,652
up €4,652 (+5.5%), from €84,333 to €88,986
- Profit (loss) carried forward +€4,602
up €4,602 (+3.7%), from €123,722 to €128,325
Income statement
- Turnover -€53,573
down €53,573 (-59.6%), from €89,926 to €36,353
- Purchases and services -€29,210
down €29,210 (-53.0%), from €55,065 to €25,855
- Gross operating margin -€26,063
down €26,063 (-68.1%), from €38,261 to €12,198
- Taxes -€7,770
down €7,770 (-69.4%), from €11,196 to €3,426
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€23,783
Gross operating margin
-€26,063
Staff costs
-€22
Depreciation
-€99
Other operating charges
-€697
Financial income
+€0
Financial charges
-€71
Taxes
+€7,770
Result 2025
€4,602
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€6,941
Investment
-€4,000
Financing
-€2,578
Cash 2024
€39,609
From operations (derived)
+€6,941
Net result for the year
+€4,602
Depreciation
+€2,033
Receivables within one year
-€15,952
Trade debts
+€13,746
Tax, wage and social debts
+€4,652
Other debts
-€2,141
Investment (derived)
-€4,000
Investment in fixed assets (net)
-€4,000
Financing
-€2,578
Short-term financial debts
-€2,578
Cash 2025
€39,972
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €388,062 | €406,344 | +€18,282 | +4.7% |
| Fixed assets | 21/28 | €3,233 | €5,199 | +€1,967 | +60.8% |
| Tangible fixed assets | 22/27 | €3,233 | €5,199 | +€1,967 | +60.8% |
| Furniture and vehicles | 24 | €3,233 | €5,199 | +€1,967 | +60.8% |
| Current assets | 29/58 | €384,830 | €401,144 | +€16,315 | +4.2% |
| Amounts receivable within one year | 40/41 | €344,889 | €360,840 | +€15,952 | +4.6% |
| Trade receivables | 40 | €327,328 | €331,460 | +€4,132 | +1.3% |
| Other amounts receivable | 41 | €17,560 | €29,380 | +€11,820 | +67.3% |
| Cash at bank and in hand | 54/58 | €39,609 | €39,972 | +€363 | +0.9% |
| Deferred charges and accrued income | 490/1 | €332 | €332 | = | 0.0% |
| Total equity and liabilities | 10/49 | €388,062 | €406,344 | +€18,282 | +4.7% |
| Equity | 10/15 | €144,182 | €148,785 | +€4,602 | +3.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €123,722 | €128,325 | +€4,602 | +3.7% |
| Amounts payable | 17/49 | €243,880 | €257,559 | +€13,679 | +5.6% |
| Amounts payable within one year | 42/48 | €243,880 | €257,559 | +€13,679 | +5.6% |
| Financial debts | 43 | €4,266 | €1,688 | -€2,578 | -60.4% |
| Credit institutions | 430/8 | €4,266 | €1,688 | -€2,578 | -60.4% |
| Trade debts | 44 | €105,707 | €119,453 | +€13,746 | +13.0% |
| Suppliers | 440/4 | €105,707 | €119,453 | +€13,746 | +13.0% |
| Taxes, remuneration and social security | 45 | €84,333 | €88,986 | +€4,652 | +5.5% |
| Taxes | 450/3 | €84,333 | €88,986 | +€4,652 | +5.5% |
| Other amounts payable | 47/48 | €49,573 | €47,432 | -€2,141 | -4.3% |
| Turnover | 70 | €89,926 | €36,353 | -€53,573 | -59.6% |
| Non-recurring operating income | 76A | €3,400 | €1,700 | -€1,700 | -50.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €55,065 | €25,855 | -€29,210 | -53.0% |
| Remuneration, social security and pensions | 62 | €97 | €118 | +€22 | +22.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,934 | €2,033 | +€99 | +5.1% |
| Other operating charges | 640/8 | €683 | €1,380 | +€697 | +102% |
| Gross operating margin | 9900 | €38,261 | €12,198 | -€26,063 | -68.1% |
| Operating profit (loss) | 9901 | €35,547 | €8,666 | -€26,881 | -75.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €568 | €638 | +€71 | +12.5% |
| Recurring financial charges | 65 | €568 | €638 | +€71 | +12.5% |
| Profit (loss) for the period before taxes | 9903 | €34,979 | €8,028 | -€26,951 | -77.0% |
| Income taxes | 67/77 | €11,196 | €3,426 | -€7,770 | -69.4% |
| Profit (loss) for the period | 9904 | €23,783 | €4,602 | -€19,181 | -80.6% |
| Profit (loss) for the period to be appropriated | 9905 | €23,783 | €4,602 | -€19,181 | -80.6% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.