FINPLUS: 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.
FINPLUS
Largest movements
- Intangible fixed assets -€64,950
down €64,950 (-14.7%), from €443,012 to €378,062
- Tangible fixed assets -€42,598
down €42,598 (-12.6%), from €337,973 to €295,375
of which Furniture and vehicles: -€25,755
- Cash +€11,412
up €11,412 (+3.9%), from €294,341 to €305,753
mainly Depreciation (+€138,815) and Net result for the year (+€22,227)
- Debts after one year -€102,829
down €102,829 (-20.1%), from €511,961 to €409,132
- Short-term financial debts -€23,089
down €23,089 (-73.2%), from €31,535 to €8,446
- Tax, wage and social debts +€20,738
up €20,738 (+49.4%), from €41,990 to €62,728
of which Remuneration and social security: +€18,713
- Other debts +€19,058
up €19,058 (+151%), from €12,580 to €31,638
- Staff costs +€180,690
up €180,690 (+59.4%), from €304,299 to €484,989
- Gross operating margin +€62,145
up €62,145 (+9.9%), from €625,785 to €687,930
- Taxes -€40,165
down €40,165 (-65.1%), from €61,661 to €21,495
- Depreciation +€22,626
up €22,626 (+19.5%), from €116,189 to €138,815
- Financial charges +€7,836
up €7,836 (+59.2%), from €13,238 to €21,074
of which Non-recurring financial charges: +€4,167
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 | €1,131,812 | €1,053,449 | -€78,363 | -6.9% |
| Fixed assets | 21/28 | €780,985 | €673,437 | -€107,548 | -13.8% |
| Intangible fixed assets | 21 | €443,012 | €378,062 | -€64,950 | -14.7% |
| Tangible fixed assets | 22/27 | €337,973 | €295,375 | -€42,598 | -12.6% |
| Land and buildings | 22 | €176,166 | €161,620 | -€14,546 | -8.3% |
| Plant, machinery and equipment | 23 | €8,764 | €6,467 | -€2,297 | -26.2% |
| Furniture and vehicles | 24 | €153,044 | €127,288 | -€25,755 | -16.8% |
| Current assets | 29/58 | €350,826 | €380,011 | +€29,185 | +8.3% |
| Amounts receivable within one year | 40/41 | €39,537 | €48,351 | +€8,813 | +22.3% |
| Trade receivables | 40 | €22,147 | €37,652 | +€15,505 | +70.0% |
| Other amounts receivable | 41 | €17,390 | €10,699 | -€6,691 | -38.5% |
| Current investments | 50/53 | €14,557 | €13,744 | -€813 | -5.6% |
| Cash at bank and in hand | 54/58 | €294,341 | €305,753 | +€11,412 | +3.9% |
| Deferred charges and accrued income | 490/1 | €2,390 | €12,164 | +€9,773 | +409% |
| Total equity and liabilities | 10/49 | €1,131,812 | €1,053,449 | -€78,363 | -6.9% |
| Equity | 10/15 | €385,909 | €376,498 | -€9,411 | -2.4% |
| Contributions | 10/11 | €37,500 | €37,500 | = | 0.0% |
| Reserves | 13 | €348,409 | €338,998 | -€9,411 | -2.7% |
| Distributable reserves | 133 | €348,409 | €338,998 | -€9,411 | -2.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €745,903 | €676,951 | -€68,952 | -9.2% |
| Amounts payable after more than one year | 17 | €511,961 | €409,132 | -€102,829 | -20.1% |
| Financial debts | 170/4 | €511,961 | €409,132 | -€102,829 | -20.1% |
| Amounts payable within one year | 42/48 | €229,363 | €257,065 | +€27,702 | +12.1% |
| Current portion of amounts payable after more than one year | 42 | €127,354 | €133,320 | +€5,966 | +4.7% |
| Financial debts | 43 | €31,535 | €8,446 | -€23,089 | -73.2% |
| Credit institutions | 430/8 | €31,535 | €8,446 | -€23,089 | -73.2% |
| Trade debts | 44 | €15,905 | €20,933 | +€5,028 | +31.6% |
| Suppliers | 440/4 | €15,905 | €20,933 | +€5,028 | +31.6% |
| Taxes, remuneration and social security | 45 | €41,990 | €62,728 | +€20,738 | +49.4% |
| Taxes | 450/3 | €6,196 | €8,221 | +€2,025 | +32.7% |
| Remuneration and social security | 454/9 | €35,794 | €54,507 | +€18,713 | +52.3% |
| Other amounts payable | 47/48 | €12,580 | €31,638 | +€19,058 | +151% |
| Accrued charges and deferred income | 492/3 | €4,578 | €10,754 | +€6,176 | +135% |
| Remuneration, social security and pensions | 62 | €304,299 | €484,989 | +€180,690 | +59.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €116,189 | €138,815 | +€22,626 | +19.5% |
| Other operating charges | 640/8 | €2,927 | €1,969 | -€958 | -32.7% |
| Gross operating margin | 9900 | €625,785 | €687,930 | +€62,145 | +9.9% |
| Operating profit (loss) | 9901 | €202,371 | €62,157 | -€140,214 | -69.3% |
| Financial income | 75/76B | €1,143 | €2,639 | +€1,496 | +131% |
| Recurring financial income | 75 | €1,143 | €2,639 | +€1,496 | +131% |
| Financial charges | 65/66B | €13,238 | €21,074 | +€7,836 | +59.2% |
| Recurring financial charges | 65 | €13,238 | €16,907 | +€3,670 | +27.7% |
| Non-recurring financial charges | 66B | - | €4,167 | +€4,167 | |
| Profit (loss) for the period before taxes | 9903 | €190,277 | €43,722 | -€146,554 | -77.0% |
| Income taxes | 67/77 | €61,661 | €21,495 | -€40,165 | -65.1% |
| Profit (loss) for the period | 9904 | €128,616 | €22,227 | -€106,389 | -82.7% |
| Profit (loss) for the period to be appropriated | 9905 | €128,616 | €22,227 | -€106,389 | -82.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.