FinSoul: 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.
FinSoul
Largest movements
- Cash -€420,318
down €420,318 (-63.9%), from €657,293 to €236,974
mainly Contributions, distributions and other (-€980,000) and Deferred charges and accrued income (-€388,982)
- Deferred charges and accrued income +€388,982
up €388,982 (+80.7%), from €482,206 to €871,188
- Current investments +€350,000
new in 2025: €350,000
- Tangible fixed assets -€81,721
down €81,721 (-52.9%), from €154,339 to €72,617
- Other debts +€289,913
up €289,913 (+42.0%), from €690,097 to €980,010
- Accrued charges and deferred income -€62,579
down €62,579 (-55.5%), from €112,731 to €50,152
- Current portion of long-term debt +€33,959
up €33,959 (+15.0%), from €226,617 to €260,577
- Gross operating margin +€313,102
up €313,102 (+18.2%), from €1.7m to €2.0m
- Depreciation +€22,195
up €22,195 (+7.1%), from €313,460 to €335,655
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 | €2,991,735 | €3,247,367 | +€255,632 | +8.5% |
| Fixed assets | 21/28 | €1,847,609 | €1,783,654 | -€63,955 | -3.5% |
| Intangible fixed assets | 21 | €1,693,270 | €1,711,036 | +€17,766 | +1.0% |
| Tangible fixed assets | 22/27 | €154,339 | €72,617 | -€81,721 | -52.9% |
| Furniture and vehicles | 24 | €154,339 | €72,617 | -€81,721 | -52.9% |
| Current assets | 29/58 | €1,144,126 | €1,463,713 | +€319,587 | +27.9% |
| Amounts receivable within one year | 40/41 | €4,627 | €5,551 | +€923 | +20.0% |
| Trade receivables | 40 | €600 | €5,551 | +€4,951 | +825% |
| Other amounts receivable | 41 | €4,027 | €0 | -€4,027 | -100% |
| Current investments | 50/53 | - | €350,000 | +€350,000 | |
| Cash at bank and in hand | 54/58 | €657,293 | €236,974 | -€420,318 | -63.9% |
| Deferred charges and accrued income | 490/1 | €482,206 | €871,188 | +€388,982 | +80.7% |
| Total equity and liabilities | 10/49 | €2,991,735 | €3,247,367 | +€255,632 | +8.5% |
| Equity | 10/15 | €23,952 | €27,833 | +€3,882 | +16.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €13,952 | €17,833 | +€3,882 | +27.8% |
| Distributable reserves | 133 | €13,952 | €17,833 | +€3,882 | +27.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €2,967,783 | €3,219,533 | +€251,750 | +8.5% |
| Amounts payable after more than one year | 17 | €1,853,012 | €1,861,821 | +€8,809 | +0.5% |
| Financial debts | 170/4 | €1,853,012 | €1,861,821 | +€8,809 | +0.5% |
| Amounts payable within one year | 42/48 | €1,002,039 | €1,307,560 | +€305,521 | +30.5% |
| Current portion of amounts payable after more than one year | 42 | €226,617 | €260,577 | +€33,959 | +15.0% |
| Trade debts | 44 | €7,359 | €4,592 | -€2,767 | -37.6% |
| Suppliers | 440/4 | €7,359 | €4,592 | -€2,767 | -37.6% |
| Taxes, remuneration and social security | 45 | €77,966 | €62,381 | -€15,585 | -20.0% |
| Taxes | 450/3 | €9,775 | €3,922 | -€5,852 | -59.9% |
| Remuneration and social security | 454/9 | €68,191 | €58,459 | -€9,733 | -14.3% |
| Other amounts payable | 47/48 | €690,097 | €980,010 | +€289,913 | +42.0% |
| Accrued charges and deferred income | 492/3 | €112,731 | €50,152 | -€62,579 | -55.5% |
| Non-recurring operating income | 76A | - | €5,710 | +€5,710 | |
| Remuneration, social security and pensions | 62 | €618,338 | €612,301 | -€6,037 | -1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €313,460 | €335,655 | +€22,195 | +7.1% |
| Other operating charges | 640/8 | €2,592 | €2,859 | +€267 | +10.3% |
| Non-recurring operating charges | 66A | €2,750 | €14,083 | +€11,333 | +412% |
| Gross operating margin | 9900 | €1,719,161 | €2,032,264 | +€313,102 | +18.2% |
| Operating profit (loss) | 9901 | €782,021 | €1,067,366 | +€285,345 | +36.5% |
| Financial income | 75/76B | €14,865 | €9,374 | -€5,491 | -36.9% |
| Recurring financial income | 75 | €14,865 | €9,374 | -€5,491 | -36.9% |
| Financial charges | 65/66B | €83,676 | €76,124 | -€7,552 | -9.0% |
| Recurring financial charges | 65 | €83,676 | €76,124 | -€7,552 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | €713,210 | €1,000,616 | +€287,406 | +40.3% |
| Income taxes | 67/77 | €15,687 | €16,735 | +€1,048 | +6.7% |
| Profit (loss) for the period | 9904 | €697,523 | €983,882 | +€286,359 | +41.1% |
| Profit (loss) for the period to be appropriated | 9905 | €697,523 | €983,882 | +€286,359 | +41.1% |
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 23 October 2026 via checked.be.