FINORIM: what changed
What changed
FINORIM
NACE 68.310, Real estate agency activities
filed annual accounts (NBB)
Net result for the year
-€41,867
2024 · -€69,887+€28,021
Equity
€288,158
2024 · €330,025-€41,867
Cash
€1,481
2024 · -+€1,481
Balance sheet total
€549,974
2024 · €581,007-€31,033
Largest movements
Assets
- Receivables after one year -€12,500
down €12,500 (-16.4%), from €76,121 to €63,621
- Tangible fixed assets -€9,971
down €9,971 (-2.5%), from €393,537 to €383,566
- Receivables within one year -€8,790
down €8,790 (-13.4%), from €65,600 to €56,810
of which Other amounts receivable: -€10,000
Equity and liabilities
- Tax, wage and social debts -€82,407
down €82,407 (-86.8%), from €94,958 to €12,550
of which Remuneration and social security: -€71,433
- Short-term financial debts +€69,932
up €69,932 (+95,810%), from €73 to €70,005
- Other debts +€57,593
new in 2025: €57,593
- Profit (loss) carried forward -€41,867
down €41,867 (-124%), from -€33,655 to -€75,522
- Debts after one year -€39,385
down €39,385 (-37.7%), from €104,554 to €65,169
Income statement
- Financial charges -€30,475
down €30,475 (-85.8%), from €35,516 to €5,041
of which Non-recurring financial charges: -€30,740
- Staff costs +€2,733
up €2,733 (+4.5%), from €60,065 to €62,797
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
-€69,887
Gross operating margin
+€335
Staff costs
-€2,733
Other operating charges
+€3
Financial charges
+€30,475
Taxes
-€60
Result 2025
-€41,867
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
-€31,364
Investment
+€1,253
Financing
+€31,592
Cash 2024
€0
From operations (derived)
-€31,364
Net result for the year
-€41,867
Depreciation
+€9,971
Receivables after one year
+€12,500
Receivables within one year
+€8,790
Trade debts
+€4,056
Tax, wage and social debts
-€82,407
Other debts
+€57,593
Investment (derived)
+€1,253
Current investments
+€1,253
Financing
+€31,592
Debts after one year
-€39,385
Current portion of long-term debt
+€1,045
Short-term financial debts
+€69,932
Cash 2025
€1,481
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €581,007 | €549,974 | -€31,033 | -5.3% |
| Fixed assets | 21/28 | €438,033 | €428,062 | -€9,971 | -2.3% |
| Tangible fixed assets | 22/27 | €393,537 | €383,566 | -€9,971 | -2.5% |
| Land and buildings | 22 | €393,537 | €383,566 | -€9,971 | -2.5% |
| Financial fixed assets | 28 | €44,496 | €44,496 | = | 0.0% |
| Current assets | 29/58 | €142,974 | €121,912 | -€21,062 | -14.7% |
| Amounts receivable after more than one year | 29 | €76,121 | €63,621 | -€12,500 | -16.4% |
| Other amounts receivable | 291 | €76,121 | €63,621 | -€12,500 | -16.4% |
| Amounts receivable within one year | 40/41 | €65,600 | €56,810 | -€8,790 | -13.4% |
| Trade receivables | 40 | - | €1,210 | +€1,210 | |
| Other amounts receivable | 41 | €65,600 | €55,600 | -€10,000 | -15.2% |
| Current investments | 50/53 | €1,253 | - | -€1,253 | |
| Cash at bank and in hand | 54/58 | - | €1,481 | +€1,481 | |
| Total equity and liabilities | 10/49 | €581,007 | €549,974 | -€31,033 | -5.3% |
| Equity | 10/15 | €330,025 | €288,158 | -€41,867 | -12.7% |
| Contributions | 10/11 | €148,800 | €148,800 | = | 0.0% |
| Capital | 10 | €148,800 | €148,800 | = | 0.0% |
| Issued capital | 100 | €148,800 | €148,800 | = | 0.0% |
| Revaluation surpluses | 12 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €14,880 | €14,880 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,880 | €14,880 | = | 0.0% |
| Legal reserve | 130 | €14,880 | €14,880 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,655 | -€75,522 | -€41,867 | -124% |
| Amounts payable | 17/49 | €250,982 | €261,816 | +€10,833 | +4.3% |
| Amounts payable after more than one year | 17 | €104,554 | €65,169 | -€39,385 | -37.7% |
| Financial debts | 170/4 | €104,554 | €65,169 | -€39,385 | -37.7% |
| Amounts payable within one year | 42/48 | €146,429 | €196,647 | +€50,218 | +34.3% |
| Current portion of amounts payable after more than one year | 42 | €41,478 | €42,523 | +€1,045 | +2.5% |
| Financial debts | 43 | €73 | €70,005 | +€69,932 | +95,810% |
| Credit institutions | 430/8 | €73 | €70,005 | +€69,932 | +95,810% |
| Trade debts | 44 | €9,920 | €13,976 | +€4,056 | +40.9% |
| Suppliers | 440/4 | €9,920 | €13,976 | +€4,056 | +40.9% |
| Taxes, remuneration and social security | 45 | €94,958 | €12,550 | -€82,407 | -86.8% |
| Taxes | 450/3 | €13,257 | €2,283 | -€10,975 | -82.8% |
| Remuneration and social security | 454/9 | €81,700 | €10,268 | -€71,433 | -87.4% |
| Other amounts payable | 47/48 | - | €57,593 | +€57,593 | |
| Remuneration, social security and pensions | 62 | €60,065 | €62,797 | +€2,733 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,971 | €9,971 | = | 0.0% |
| Other operating charges | 640/8 | €6,650 | €6,647 | -€3 | 0.0% |
| Gross operating margin | 9900 | €42,733 | €43,068 | +€335 | +0.8% |
| Operating profit (loss) | 9901 | -€33,953 | -€36,347 | -€2,394 | -7.1% |
| Financial charges | 65/66B | €35,516 | €5,041 | -€30,475 | -85.8% |
| Recurring financial charges | 65 | €4,777 | €5,041 | +€265 | +5.5% |
| Non-recurring financial charges | 66B | €30,740 | - | -€30,740 | |
| Profit (loss) for the period before taxes | 9903 | -€69,469 | -€41,388 | +€28,081 | +40.4% |
| Income taxes | 67/77 | €418 | €478 | +€60 | +14.4% |
| Profit (loss) for the period | 9904 | -€69,887 | -€41,867 | +€28,021 | +40.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€69,887 | -€41,867 | +€28,021 | +40.1% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.