FINQ: 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.
FINQ
Largest movements
- Receivables after one year -€168,565
down €168,565 (-30.2%), from €558,331 to €389,766
of which Other amounts receivable: -€168,700
- Intangible fixed assets -€160,488
down €160,488 (-37.4%), from €428,812 to €268,324
- Receivables within one year -€82,729
down €82,729 (-16.5%), from €500,135 to €417,407
of which Trade receivables: -€117,514
- Tangible fixed assets -€80,225
down €80,225 (-31.0%), from €258,432 to €178,207
of which Other tangible fixed assets: -€64,241
- Cash +€43,459
up €43,459 (+151.0%), from €28,791 to €72,250
mainly Depreciation (+€314,416) and Receivables after one year (+€168,565)
- Debts after one year -€345,430
down €345,430 (-29.7%), from €1.2m to €816,356
of which Financial debts: -€313,413
- Reserves -€61,000
down €61,000 (-63.9%), from €95,500 to €34,500
of which Distributable reserves: -€61,000
- Trade debts +€52,916
up €52,916 (+29.7%), from €178,368 to €231,284
- Tax, wage and social debts -€48,116
down €48,116 (-53.4%), from €90,026 to €41,910
of which Remuneration and social security: -€44,094
- Short-term financial debts -€33,374
down €33,374 (-31.1%), from €107,148 to €73,774
- Gross operating margin -€216,920
down €216,920 (-14.1%), from €1.5m to €1.3m
- Staff costs -€165,789
down €165,789 (-15.6%), from €1.1m to €895,446
- Purchases and services +€134,340
up €134,340 (+9.4%), from €1.4m to €1.6m
- Write-downs +€40,586
up €40,586 (+529.7%), from €7,662 to €48,248
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 | €1,838,597 | €1,398,673 | -€439,924 | -23.9% |
| Fixed assets | 21/28 | €687,244 | €446,532 | -€240,712 | -35.0% |
| Intangible fixed assets | 21 | €428,812 | €268,324 | -€160,488 | -37.4% |
| Tangible fixed assets | 22/27 | €258,432 | €178,207 | -€80,225 | -31.0% |
| Land and buildings | 22 | €22,751 | €12,758 | -€9,994 | -43.9% |
| Plant, machinery and equipment | 23 | €3,551 | €2,479 | -€1,072 | -30.2% |
| Furniture and vehicles | 24 | €12,644 | €7,725 | -€4,919 | -38.9% |
| Other tangible fixed assets | 26 | €219,486 | €155,246 | -€64,241 | -29.3% |
| Current assets | 29/58 | €1,151,353 | €952,141 | -€199,212 | -17.3% |
| Amounts receivable after more than one year | 29 | €558,331 | €389,766 | -€168,565 | -30.2% |
| Trade receivables | 290 | €17,450 | €17,585 | +€135 | +0.8% |
| Other amounts receivable | 291 | €540,881 | €372,181 | -€168,700 | -31.2% |
| Stocks and contracts in progress | 3 | €2,500 | €2,500 | = | 0.0% |
| Stocks | 30/36 | €2,500 | €2,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €500,135 | €417,407 | -€82,729 | -16.5% |
| Trade receivables | 40 | €499,892 | €382,377 | -€117,514 | -23.5% |
| Other amounts receivable | 41 | €244 | €35,029 | +€34,786 | +14279.9% |
| Cash at bank and in hand | 54/58 | €28,791 | €72,250 | +€43,459 | +151.0% |
| Deferred charges and accrued income | 490/1 | €61,596 | €70,219 | +€8,622 | +14.0% |
| Total equity and liabilities | 10/49 | €1,838,597 | €1,398,673 | -€439,924 | -23.9% |
| Equity | 10/15 | €296,663 | €235,349 | -€61,315 | -20.7% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €95,500 | €34,500 | -€61,000 | -63.9% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Legal reserve | 130 | €20,000 | €20,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,500 | €9,500 | = | 0.0% |
| Distributable reserves | 133 | €66,000 | €5,000 | -€61,000 | -92.4% |
| Profit (loss) carried forward | 14 | €1,163 | €849 | -€315 | -27.0% |
| Amounts payable | 17/49 | €1,541,933 | €1,163,324 | -€378,609 | -24.6% |
| Amounts payable after more than one year | 17 | €1,161,786 | €816,356 | -€345,430 | -29.7% |
| Financial debts | 170/4 | €1,115,124 | €801,711 | -€313,413 | -28.1% |
| Other amounts payable | 178/9 | €46,663 | €14,646 | -€32,017 | -68.6% |
| Amounts payable within one year | 42/48 | €379,853 | €346,968 | -€32,886 | -8.7% |
| Financial debts | 43 | €107,148 | €73,774 | -€33,374 | -31.1% |
| Credit institutions | 430/8 | €107,148 | €73,774 | -€33,374 | -31.1% |
| Trade debts | 44 | €178,368 | €231,284 | +€52,916 | +29.7% |
| Suppliers | 440/4 | €178,368 | €231,284 | +€52,916 | +29.7% |
| Taxes, remuneration and social security | 45 | €90,026 | €41,910 | -€48,116 | -53.4% |
| Taxes | 450/3 | €30,269 | €26,247 | -€4,022 | -13.3% |
| Remuneration and social security | 454/9 | €59,756 | €15,662 | -€44,094 | -73.8% |
| Other amounts payable | 47/48 | €4,312 | - | -€4,312 | |
| Accrued charges and deferred income | 492/3 | €294 | - | -€294 | |
| Turnover | 70 | €2,625,221 | €2,610,047 | -€15,174 | -0.6% |
| Non-recurring operating income | 76A | - | €6,411 | +€6,411 | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,426,464 | €1,560,805 | +€134,340 | +9.4% |
| Remuneration, social security and pensions | 62 | €1,061,235 | €895,446 | -€165,789 | -15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €339,050 | €314,416 | -€24,635 | -7.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,662 | €48,248 | +€40,586 | +529.7% |
| Other operating charges | 640/8 | €69,283 | €54,138 | -€15,145 | -21.9% |
| Gross operating margin | 9900 | €1,535,547 | €1,318,626 | -€216,920 | -14.1% |
| Operating profit (loss) | 9901 | €58,317 | €6,378 | -€51,938 | -89.1% |
| Financial income | 75/76B | €4,916 | €5,048 | +€131 | +2.7% |
| Recurring financial income | 75 | €4,916 | €5,048 | +€131 | +2.7% |
| Financial charges | 65/66B | €62,911 | €52,133 | -€10,778 | -17.1% |
| Recurring financial charges | 65 | €62,911 | €52,133 | -€10,778 | -17.1% |
| Profit (loss) for the period before taxes | 9903 | €322 | -€40,707 | -€41,029 | |
| Income taxes | 67/77 | - | €20,607 | +€20,607 | |
| Profit (loss) for the period | 9904 | €322 | -€61,315 | -€61,636 | |
| Profit (loss) for the period to be appropriated | 9905 | €322 | -€61,315 | -€61,636 |
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 12 October 2026 via checked.be.