Finova Consulting: 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.
Finova Consulting
Largest movements
- Cash +€12,151
up €12,151 (+25.1%), from €48,333 to €60,483
mainly Net result for the year (+€20,558) and Receivables within one year (+€8,618)
- Receivables within one year -€8,618
down €8,618 (-21.5%), from €40,141 to €31,523
of which Other amounts receivable: -€6,650
- Tangible fixed assets -€3,060
no longer reported in 2025 (was €3,060)
- Reserves +€13,000
up €13,000 (+27.7%), from €47,000 to €60,000
- Tax, wage and social debts -€9,959
down €9,959 (-55.1%), from €18,078 to €8,119
- Current portion of long-term debt -€6,637
no longer reported in 2025 (was €6,637)
- Trade debts +€3,958
up €3,958 (+2,721%), from €145 to €4,103
- Depreciation -€12,273
down €12,273 (-80.0%), from €15,333 to €3,060
- Gross operating margin -€2,931
down €2,931 (-9.0%), from €32,606 to €29,675
- Taxes +€1,881
up €1,881 (+53.4%), from €3,520 to €5,401
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 | €91,924 | €92,404 | +€480 | +0.5% |
| Fixed assets | 21/28 | €3,060 | - | -€3,060 | |
| Tangible fixed assets | 22/27 | €3,060 | - | -€3,060 | |
| Furniture and vehicles | 24 | €3,060 | - | -€3,060 | |
| Current assets | 29/58 | €88,863 | €92,404 | +€3,541 | +4.0% |
| Amounts receivable within one year | 40/41 | €40,141 | €31,523 | -€8,618 | -21.5% |
| Trade receivables | 40 | €32,791 | €30,823 | -€1,968 | -6.0% |
| Other amounts receivable | 41 | €7,350 | €700 | -€6,650 | -90.5% |
| Cash at bank and in hand | 54/58 | €48,333 | €60,483 | +€12,151 | +25.1% |
| Deferred charges and accrued income | 490/1 | €390 | €398 | +€8 | +2.0% |
| Total equity and liabilities | 10/49 | €91,924 | €92,404 | +€480 | +0.5% |
| Equity | 10/15 | €66,573 | €80,057 | +€13,484 | +20.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €47,000 | €60,000 | +€13,000 | +27.7% |
| Distributable reserves | 133 | €47,000 | €60,000 | +€13,000 | +27.7% |
| Profit (loss) carried forward | 14 | €973 | €1,457 | +€484 | +49.7% |
| Amounts payable | 17/49 | €25,351 | €12,347 | -€13,004 | -51.3% |
| Amounts payable within one year | 42/48 | €25,351 | €12,347 | -€13,004 | -51.3% |
| Current portion of amounts payable after more than one year | 42 | €6,637 | - | -€6,637 | |
| Trade debts | 44 | €145 | €4,103 | +€3,958 | +2,721% |
| Suppliers | 440/4 | €145 | €4,103 | +€3,958 | +2,721% |
| Taxes, remuneration and social security | 45 | €18,078 | €8,119 | -€9,959 | -55.1% |
| Taxes | 450/3 | €18,078 | €8,119 | -€9,959 | -55.1% |
| Other amounts payable | 47/48 | €491 | €125 | -€365 | -74.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,333 | €3,060 | -€12,273 | -80.0% |
| Other operating charges | 640/8 | €484 | €500 | +€15 | +3.2% |
| Gross operating margin | 9900 | €32,606 | €29,675 | -€2,931 | -9.0% |
| Operating profit (loss) | 9901 | €16,788 | €26,115 | +€9,327 | +55.6% |
| Financial income | 75/76B | €76 | €253 | +€177 | +232% |
| Recurring financial income | 75 | €76 | €253 | +€177 | +232% |
| Financial charges | 65/66B | €709 | €409 | -€300 | -42.3% |
| Recurring financial charges | 65 | €709 | €409 | -€300 | -42.3% |
| Profit (loss) for the period before taxes | 9903 | €16,155 | €25,959 | +€9,804 | +60.7% |
| Income taxes | 67/77 | €3,520 | €5,401 | +€1,881 | +53.4% |
| Profit (loss) for the period | 9904 | €12,635 | €20,558 | +€7,923 | +62.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,635 | €20,558 | +€7,923 | +62.7% |
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 26 October 2026 via checked.be.