FINPACT: what changed
Two fiscal 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.
FINPACT
Largest movements
- Stocks and contracts +€615,209
up €615,209 (+46.2%), from €1.3m to €1.9m
- Receivables within one year +€175,781
up €175,781 (+312.3%), from €56,284 to €232,065
of which Other amounts receivable: +€206,547
- Cash -€108,499
down €108,499 (-76.1%), from €142,563 to €34,064
mainly Debts after one year (-€907,500) and Stocks and contracts (-€615,209)
- Current portion of long-term debt +€1.6m
up €1.6m (+93970.1%), from €1,664 to €1.6m
- Debts after one year -€907,500
no longer reported in 2025 (was €907,500)
- Tax, wage and social debts -€82,274
down €82,274 (-82.4%), from €99,840 to €17,567
of which Taxes: -€79,914
- Other debts +€72,565
up €72,565 (+45.2%), from €160,401 to €232,966
- Gross operating margin -€39,134
down €39,134 (-28.4%), from €137,931 to €98,797
- Staff costs -€17,208
down €17,208, from €14,932 to -€2,276
- Financial charges +€17,143
up €17,143 (+39.5%), from €43,346 to €60,489
- Taxes -€16,895
down €16,895 (-88.0%), from €19,203 to €2,308
- Financial income -€9,131
down €9,131 (-81.6%), from €11,189 to €2,058
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 | €1,626,844 | €2,281,917 | +€655,074 | +40.3% |
| Fixed assets | 21/28 | €94,907 | €67,990 | -€26,917 | -28.4% |
| Intangible fixed assets | 21 | €37,200 | €27,460 | -€9,740 | -26.2% |
| Tangible fixed assets | 22/27 | €33,115 | €31,993 | -€1,122 | -3.4% |
| Land and buildings | 22 | €3,888 | €3,277 | -€611 | -15.7% |
| Furniture and vehicles | 24 | €1,542 | €2,148 | +€606 | +39.3% |
| Other tangible fixed assets | 26 | €27,686 | €26,569 | -€1,117 | -4.0% |
| Financial fixed assets | 28 | €24,592 | €8,536 | -€16,056 | -65.3% |
| Current assets | 29/58 | €1,531,937 | €2,213,927 | +€681,991 | +44.5% |
| Stocks and contracts in progress | 3 | €1,330,282 | €1,945,491 | +€615,209 | +46.2% |
| Stocks | 30/36 | €1,330,282 | €1,945,491 | +€615,209 | +46.2% |
| Amounts receivable within one year | 40/41 | €56,284 | €232,065 | +€175,781 | +312.3% |
| Trade receivables | 40 | €55,959 | €25,193 | -€30,766 | -55.0% |
| Other amounts receivable | 41 | €325 | €206,873 | +€206,547 | +63486.6% |
| Cash at bank and in hand | 54/58 | €142,563 | €34,064 | -€108,499 | -76.1% |
| Deferred charges and accrued income | 490/1 | €2,808 | €2,307 | -€500 | -17.8% |
| Total equity and liabilities | 10/49 | €1,626,844 | €2,281,917 | +€655,074 | +40.3% |
| Equity | 10/15 | €418,181 | €419,621 | +€1,440 | +0.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €339,971 | €339,971 | = | 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% |
| Distributable reserves | 133 | €338,111 | €338,111 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,610 | €61,050 | +€1,440 | +2.4% |
| Amounts payable | 17/49 | €1,208,663 | €1,862,296 | +€653,634 | +54.1% |
| Amounts payable after more than one year | 17 | €907,500 | - | -€907,500 | |
| Financial debts | 170/4 | €907,500 | - | -€907,500 | |
| Amounts payable within one year | 42/48 | €297,805 | €1,862,296 | +€1.6m | +525.3% |
| Current portion of amounts payable after more than one year | 42 | €1,664 | €1,565,420 | +€1.6m | +93970.1% |
| Trade debts | 44 | €35,900 | €46,344 | +€10,444 | +29.1% |
| Suppliers | 440/4 | €35,900 | €46,344 | +€10,444 | +29.1% |
| Taxes, remuneration and social security | 45 | €99,840 | €17,567 | -€82,274 | -82.4% |
| Taxes | 450/3 | €97,481 | €17,567 | -€79,914 | -82.0% |
| Remuneration and social security | 454/9 | €2,359 | - | -€2,359 | |
| Other amounts payable | 47/48 | €160,401 | €232,966 | +€72,565 | +45.2% |
| Accrued charges and deferred income | 492/3 | €3,357 | - | -€3,357 | |
| Remuneration, social security and pensions | 62 | €14,932 | -€2,276 | -€17,208 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,919 | €18,952 | +€2,033 | +12.0% |
| Other operating charges | 640/8 | €14,401 | €19,941 | +€5,540 | +38.5% |
| Gross operating margin | 9900 | €137,931 | €98,797 | -€39,134 | -28.4% |
| Operating profit (loss) | 9901 | €91,678 | €62,179 | -€29,499 | -32.2% |
| Financial income | 75/76B | €11,189 | €2,058 | -€9,131 | -81.6% |
| Recurring financial income | 75 | €11,189 | €2,058 | -€9,131 | -81.6% |
| Financial charges | 65/66B | €43,346 | €60,489 | +€17,143 | +39.5% |
| Recurring financial charges | 65 | €43,346 | €60,489 | +€17,143 | +39.5% |
| Profit (loss) for the period before taxes | 9903 | €59,521 | €3,748 | -€55,773 | -93.7% |
| Income taxes | 67/77 | €19,203 | €2,308 | -€16,895 | -88.0% |
| Profit (loss) for the period | 9904 | €40,318 | €1,440 | -€38,879 | -96.4% |
| Profit (loss) for the period to be appropriated | 9905 | €40,318 | €1,440 | -€38,879 | -96.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.