FinSource België: 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.
FinSource België
Largest movements
- Cash -€182,261
down €182,261 (-91.0%), from €200,214 to €17,953
mainly Current investments (-€173,659) and Tax, wage and social debts (-€38,712)
- Current investments +€173,659
new in 2025: €173,659
- Tangible fixed assets -€15,439
down €15,439 (-8.9%), from €173,526 to €158,086
of which Land and buildings: -€13,679
- Receivables within one year +€10,736
up €10,736 (+33.8%), from €31,757 to €42,493
of which Other amounts receivable: +€16,914
- Tax, wage and social debts -€38,712
down €38,712 (-99.6%), from €38,852 to €139
- Debts after one year -€20,400
down €20,400 (-100%), from €20,400 to €0
- Current portion of long-term debt +€20,400
up €20,400 (+100%), from €20,400 to €40,800
- Reserves +€12,984
up €12,984 (+4.1%), from €320,264 to €333,248
- Other debts +€12,091
new in 2025: €12,091
- Gross operating margin -€78,927
down €78,927 (-68.6%), from €115,034 to €36,107
- Taxes -€19,757
down €19,757 (-82.0%), from €24,094 to €4,338
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 | €405,897 | €392,266 | -€13,631 | -3.4% |
| Formation expenses | 20 | €290 | €0 | -€290 | -100% |
| Fixed assets | 21/28 | €173,526 | €158,086 | -€15,439 | -8.9% |
| Tangible fixed assets | 22/27 | €173,526 | €158,086 | -€15,439 | -8.9% |
| Land and buildings | 22 | €168,849 | €155,170 | -€13,679 | -8.1% |
| Furniture and vehicles | 24 | €4,676 | €2,916 | -€1,760 | -37.6% |
| Current assets | 29/58 | €232,081 | €234,180 | +€2,099 | +0.9% |
| Amounts receivable within one year | 40/41 | €31,757 | €42,493 | +€10,736 | +33.8% |
| Trade receivables | 40 | €30,546 | €24,367 | -€6,179 | -20.2% |
| Other amounts receivable | 41 | €1,211 | €18,126 | +€16,914 | +1,396% |
| Current investments | 50/53 | - | €173,659 | +€173,659 | |
| Cash at bank and in hand | 54/58 | €200,214 | €17,953 | -€182,261 | -91.0% |
| Deferred charges and accrued income | 490/1 | €110 | €75 | -€35 | -32.0% |
| Total equity and liabilities | 10/49 | €405,897 | €392,266 | -€13,631 | -3.4% |
| Equity | 10/15 | €321,764 | €334,748 | +€12,984 | +4.0% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €320,264 | €333,248 | +€12,984 | +4.1% |
| Distributable reserves | 133 | €320,264 | €333,248 | +€12,984 | +4.1% |
| Amounts payable | 17/49 | €84,133 | €57,518 | -€26,614 | -31.6% |
| Amounts payable after more than one year | 17 | €20,400 | €0 | -€20,400 | -100% |
| Financial debts | 170/4 | €20,400 | €0 | -€20,400 | -100% |
| Amounts payable within one year | 42/48 | €63,733 | €57,518 | -€6,214 | -9.8% |
| Current portion of amounts payable after more than one year | 42 | €20,400 | €40,800 | +€20,400 | +100% |
| Trade debts | 44 | €4,481 | €4,488 | +€7 | +0.2% |
| Suppliers | 440/4 | €4,481 | €4,488 | +€7 | +0.2% |
| Taxes, remuneration and social security | 45 | €38,852 | €139 | -€38,712 | -99.6% |
| Taxes | 450/3 | €38,852 | €139 | -€38,712 | -99.6% |
| Other amounts payable | 47/48 | - | €12,091 | +€12,091 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,855 | €15,730 | -€125 | -0.8% |
| Other operating charges | 640/8 | €1,594 | €2,714 | +€1,121 | +70.3% |
| Gross operating margin | 9900 | €115,034 | €36,107 | -€78,927 | -68.6% |
| Operating profit (loss) | 9901 | €97,586 | €17,663 | -€79,923 | -81.9% |
| Financial income | 75/76B | - | €761 | +€761 | |
| Recurring financial income | 75 | - | €761 | +€761 | |
| Financial charges | 65/66B | €1,536 | €1,102 | -€433 | -28.2% |
| Recurring financial charges | 65 | €1,536 | €1,102 | -€433 | -28.2% |
| Profit (loss) for the period before taxes | 9903 | €96,050 | €17,322 | -€78,729 | -82.0% |
| Income taxes | 67/77 | €24,094 | €4,338 | -€19,757 | -82.0% |
| Profit (loss) for the period | 9904 | €71,956 | €12,984 | -€58,972 | -82.0% |
| Profit (loss) for the period to be appropriated | 9905 | €71,956 | €12,984 | -€58,972 | -82.0% |
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 27 October 2026 via checked.be.