FINPAR VII: what changed
What changed
FINPAR VII
filed annual accounts (NBB)
Net result for the year
€159,894
2024 · -€2.0m+€2.1m
Equity
-€8.3m
2024 · -€8.5m+€159,894
Cash
€384,411
2024 · €1.0m-€646,760
Balance sheet total
€65.0m
2024 · €65.8m-€787,593
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Accrued charges and deferred income -€947,486
down €947,486 (-32.0%), from €3.0m to €2.0m
Income statement
- Financial income +€5.6m
up €5.6m (+304%), from €1.9m to €7.5m
of which Non-recurring financial income: +€4.1m
- Financial charges +€3.5m
up €3.5m (+93.4%), from €3.8m to €7.3m
of which Non-recurring financial charges: +€4.3m
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
-€2.0m
Other operating charges
-€7
Other operating items
-€2,770
Financial income
+€5.6m
Financial charges
-€3.5m
Result 2025
€159,894
raises the resultlowers the resultnot broken down further in the accounts
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
-€1.2m
Investment
+€596,040
Financing
€0
Cash 2024
€1.0m
From operations (derived)
-€1.2m
Net result for the year
+€159,894
Receivables within one year
-€455,208
Accrued charges and deferred income
-€947,486
Investment (derived)
+€596,040
Investment in fixed assets (net)
+€596,040
Cash 2025
€384,411
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €65,755,007 | €64,967,414 | -€787,593 | -1.2% |
| Fixed assets | 21/28 | €64,167,471 | €63,571,430 | -€596,040 | -0.9% |
| Financial fixed assets | 28 | €64,167,471 | €63,571,430 | -€596,040 | -0.9% |
| Affiliated companies | 280/1 | €64,167,471 | €63,571,430 | -€596,040 | -0.9% |
| Participating interests | 280 | €64,167,471 | €63,571,430 | -€596,040 | -0.9% |
| Current assets | 29/58 | €1,587,536 | €1,395,984 | -€191,552 | -12.1% |
| Amounts receivable within one year | 40/41 | €556,365 | €1,011,573 | +€455,208 | +81.8% |
| Other amounts receivable | 41 | €556,365 | €1,011,573 | +€455,208 | +81.8% |
| Cash at bank and in hand | 54/58 | €1,031,171 | €384,411 | -€646,760 | -62.7% |
| Total equity and liabilities | 10/49 | €65,755,007 | €64,967,414 | -€787,593 | -1.2% |
| Equity | 10/15 | -€8,473,808 | -€8,313,915 | +€159,894 | +1.9% |
| Contributions | 10/11 | €13,032,450 | €13,032,450 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,506,258 | -€21,346,365 | +€159,894 | +0.7% |
| Amounts payable | 17/49 | €74,228,815 | €73,281,329 | -€947,486 | -1.3% |
| Amounts payable after more than one year | 17 | €71,269,800 | €71,269,800 | = | 0.0% |
| Financial debts | 170/4 | €71,269,800 | €71,269,800 | = | 0.0% |
| Other loans | 174 | €71,269,800 | €71,269,800 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,959,015 | €2,011,529 | -€947,486 | -32.0% |
| Operating charges | 60/66A | €61,886 | €64,663 | +€2,777 | +4.5% |
| Services and other goods | 61 | €60,926 | €63,696 | +€2,770 | +4.5% |
| Other operating charges | 640/8 | €960 | €968 | +€7 | +0.8% |
| Operating profit (loss) | 9901 | -€61,886 | -€64,663 | -€2,777 | -4.5% |
| Financial income | 75/76B | €1,854,551 | €7,485,640 | +€5.6m | +304% |
| Recurring financial income | 75 | €1,854,551 | €3,371,910 | +€1.5m | +81.8% |
| Income from financial fixed assets | 750 | €1,854,551 | €3,371,910 | +€1.5m | +81.8% |
| Non-recurring financial income | 76B | - | €4,113,730 | +€4.1m | |
| Financial charges | 65/66B | €3,755,020 | €7,261,083 | +€3.5m | +93.4% |
| Recurring financial charges | 65 | €3,343,647 | €2,551,313 | -€792,335 | -23.7% |
| Debt charges | 650 | €3,343,035 | €2,550,687 | -€792,348 | -23.7% |
| Other financial charges | 652/9 | €612 | €626 | +€13 | +2.2% |
| Non-recurring financial charges | 66B | €411,373 | €4,709,771 | +€4.3m | +1,045% |
| Profit (loss) for the period before taxes | 9903 | -€1,962,356 | €159,894 | +€2.1m | |
| Profit (loss) for the period | 9904 | -€1,962,356 | €159,894 | +€2.1m | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,962,356 | €159,894 | +€2.1m |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.