FINSOL: 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.
FINSOL
Largest movements
- Receivables within one year -€24,254
down €24,254 (-32.7%), from €74,260 to €50,005
of which Trade receivables: -€26,049
- Stocks and contracts -€15,555
down €15,555 (-12.7%), from €122,303 to €106,748
- Tangible fixed assets -€8,120
down €8,120 (-31.0%), from €26,181 to €18,061
of which Leasing and similar rights: -€7,162
- Profit (loss) carried forward -€50,542
new in 2025: -€50,542
- Other debts +€28,108
up €28,108 (+104.8%), from €26,809 to €54,917
- Tax, wage and social debts -€12,780
down €12,780 (-85.2%), from €14,999 to €2,219
of which Remuneration and social security: -€6,969
- Debts after one year -€8,123
down €8,123 (-53.9%), from €15,065 to €6,942
- Trade debts -€6,557
down €6,557 (-11.3%), from €58,187 to €51,630
- Gross operating margin -€112,870
down €112,870, from €67,560 to -€45,309
- Staff costs -€53,359
down €53,359, from €53,328 to -€31
- Financial income +€5,690
up €5,690 (+231.6%), from €2,457 to €8,148
- Financial charges -€2,629
down €2,629 (-35.2%), from €7,465 to €4,836
- Taxes -€2,361
no longer reported in 2025 (was €2,361)
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 | €224,823 | €174,814 | -€50,009 | -22.2% |
| Fixed assets | 21/28 | €26,181 | €18,061 | -€8,120 | -31.0% |
| Tangible fixed assets | 22/27 | €26,181 | €18,061 | -€8,120 | -31.0% |
| Plant, machinery and equipment | 23 | €5,087 | €4,129 | -€958 | -18.8% |
| Leasing and similar rights | 25 | €21,094 | €13,932 | -€7,162 | -34.0% |
| Current assets | 29/58 | €198,642 | €156,753 | -€41,889 | -21.1% |
| Stocks and contracts in progress | 3 | €122,303 | €106,748 | -€15,555 | -12.7% |
| Stocks | 30/36 | €122,303 | €106,748 | -€15,555 | -12.7% |
| Amounts receivable within one year | 40/41 | €74,260 | €50,005 | -€24,254 | -32.7% |
| Trade receivables | 40 | €67,485 | €41,436 | -€26,049 | -38.6% |
| Other amounts receivable | 41 | €6,775 | €8,569 | +€1,794 | +26.5% |
| Cash at bank and in hand | 54/58 | €2,080 | - | -€2,080 | |
| Total equity and liabilities | 10/49 | €224,823 | €174,814 | -€50,009 | -22.2% |
| Equity | 10/15 | €61,187 | €10,644 | -€50,542 | -82.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €42,587 | €42,587 | = | 0.0% |
| Distributable reserves | 133 | €42,587 | €42,587 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€50,542 | -€50,542 | |
| Amounts payable | 17/49 | €163,636 | €164,169 | +€533 | +0.3% |
| Amounts payable after more than one year | 17 | €15,065 | €6,942 | -€8,123 | -53.9% |
| Financial debts | 170/4 | €15,065 | €6,942 | -€8,123 | -53.9% |
| Amounts payable within one year | 42/48 | €148,571 | €157,228 | +€8,656 | +5.8% |
| Current portion of amounts payable after more than one year | 42 | €8,577 | €7,512 | -€1,065 | -12.4% |
| Financial debts | 43 | €40,000 | €40,099 | +€99 | +0.2% |
| Credit institutions | 430/8 | €40,000 | €40,099 | +€99 | +0.2% |
| Trade debts | 44 | €58,187 | €51,630 | -€6,557 | -11.3% |
| Suppliers | 440/4 | €58,187 | €51,630 | -€6,557 | -11.3% |
| Advances received on contracts in progress | 46 | - | €851 | +€851 | |
| Taxes, remuneration and social security | 45 | €14,999 | €2,219 | -€12,780 | -85.2% |
| Taxes | 450/3 | €8,030 | €2,219 | -€5,811 | -72.4% |
| Remuneration and social security | 454/9 | €6,969 | - | -€6,969 | |
| Other amounts payable | 47/48 | €26,809 | €54,917 | +€28,108 | +104.8% |
| Remuneration, social security and pensions | 62 | €53,328 | -€31 | -€53,359 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,120 | €8,120 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,887 | - | +€1,887 | |
| Other operating charges | 640/8 | €503 | €455 | -€48 | -9.5% |
| Gross operating margin | 9900 | €67,560 | -€45,309 | -€112,870 | |
| Operating profit (loss) | 9901 | €7,496 | -€53,854 | -€61,350 | |
| Financial income | 75/76B | €2,457 | €8,148 | +€5,690 | +231.6% |
| Recurring financial income | 75 | €2,457 | €8,148 | +€5,690 | +231.6% |
| Financial charges | 65/66B | €7,465 | €4,836 | -€2,629 | -35.2% |
| Recurring financial charges | 65 | €7,465 | €4,836 | -€2,629 | -35.2% |
| Profit (loss) for the period before taxes | 9903 | €2,488 | -€50,542 | -€53,031 | |
| Income taxes | 67/77 | €2,361 | - | -€2,361 | |
| Profit (loss) for the period | 9904 | €127 | -€50,542 | -€50,669 | |
| Profit (loss) for the period to be appropriated | 9905 | €127 | -€50,542 | -€50,669 |
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 10 October 2026 via checked.be.