FINSANA: 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.
FINSANA
Largest movements
- Cash -€64,727
down €64,727 (-44.1%), from €146,823 to €82,097
mainly Tax, wage and social debts (-€42,688) and Investment in fixed assets (net) (-€29,566)
- Tangible fixed assets +€27,695
up €27,695 (+6,074%), from €456 to €28,151
- Current investments -€12,005
down €12,005 (-9.6%), from €124,545 to €112,540
- Receivables within one year +€4,450
new in 2025: €4,450
of which Other amounts receivable: +€2,999
- Tax, wage and social debts -€42,688
down €42,688 (-91.3%), from €46,778 to €4,090
of which Remuneration and social security: -€41,037
- Profit (loss) carried forward -€3,105
down €3,105 (-1.7%), from €185,657 to €182,553
- Gross operating margin -€18,397
down €18,397, from €15,628 to -€2,769
- Depreciation -€3,037
down €3,037 (-61.9%), from €4,907 to €1,870
- Financial charges +€1,060
up €1,060 (+191%), from €555 to €1,615
- Financial income +€1,044
up €1,044 (+29.8%), from €3,500 to €4,544
- Other operating charges +€446
up €446 (+39.6%), from €1,127 to €1,573
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 | €272,724 | €227,238 | -€45,486 | -16.7% |
| Fixed assets | 21/28 | €456 | €28,151 | +€27,695 | +6,074% |
| Tangible fixed assets | 22/27 | €456 | €28,151 | +€27,695 | +6,074% |
| Furniture and vehicles | 24 | €456 | €28,151 | +€27,695 | +6,074% |
| Current assets | 29/58 | €272,269 | €199,087 | -€73,182 | -26.9% |
| Amounts receivable within one year | 40/41 | - | €4,450 | +€4,450 | |
| Trade receivables | 40 | - | €1,451 | +€1,451 | |
| Other amounts receivable | 41 | - | €2,999 | +€2,999 | |
| Current investments | 50/53 | €124,545 | €112,540 | -€12,005 | -9.6% |
| Cash at bank and in hand | 54/58 | €146,823 | €82,097 | -€64,727 | -44.1% |
| Deferred charges and accrued income | 490/1 | €901 | - | -€901 | |
| Total equity and liabilities | 10/49 | €272,724 | €227,238 | -€45,486 | -16.7% |
| Equity | 10/15 | €225,067 | €221,962 | -€3,105 | -1.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €20,810 | €20,810 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Tax-exempt reserves | 132 | €18,950 | €18,950 | = | 0.0% |
| Profit (loss) carried forward | 14 | €185,657 | €182,553 | -€3,105 | -1.7% |
| Amounts payable | 17/49 | €47,657 | €5,276 | -€42,382 | -88.9% |
| Amounts payable within one year | 42/48 | €47,657 | €5,276 | -€42,382 | -88.9% |
| Trade debts | 44 | €660 | €489 | -€172 | -26.0% |
| Suppliers | 440/4 | €660 | €489 | -€172 | -26.0% |
| Taxes, remuneration and social security | 45 | €46,778 | €4,090 | -€42,688 | -91.3% |
| Taxes | 450/3 | €1,650 | - | -€1,650 | |
| Remuneration and social security | 454/9 | €45,127 | €4,090 | -€41,037 | -90.9% |
| Other amounts payable | 47/48 | €220 | €697 | +€478 | +218% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,907 | €1,870 | -€3,037 | -61.9% |
| Other operating charges | 640/8 | €1,127 | €1,573 | +€446 | +39.6% |
| Gross operating margin | 9900 | €15,628 | -€2,769 | -€18,397 | |
| Operating profit (loss) | 9901 | €9,595 | -€6,212 | -€15,807 | |
| Financial income | 75/76B | €3,500 | €4,544 | +€1,044 | +29.8% |
| Recurring financial income | 75 | €3,500 | €4,544 | +€1,044 | +29.8% |
| Financial charges | 65/66B | €555 | €1,615 | +€1,060 | +191% |
| Recurring financial charges | 65 | €555 | €1,615 | +€1,060 | +191% |
| Profit (loss) for the period before taxes | 9903 | €12,539 | -€3,283 | -€15,822 | |
| Income taxes | 67/77 | €215 | -€179 | -€394 | |
| Profit (loss) for the period | 9904 | €12,323 | -€3,105 | -€15,428 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,323 | -€3,105 | -€15,428 |
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 30 October 2026 via checked.be.