Finstone: what changed
Two fiscal 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.
Finstone
Largest movements
- Receivables within one year +€66,083
up €66,083 (+301.9%), from €21,891 to €87,975
of which Trade receivables: +€61,156
- Receivables after one year +€5,000
up €5,000 (+31.3%), from €16,000 to €21,000
- Trade debts +€38,711
up €38,711 (+357.1%), from €10,840 to €49,550
- Profit (loss) carried forward +€34,324
up €34,324, from -€16,565 to €17,759
- Other debts -€5,000
down €5,000 (-100.0%), from €5,000 to €0
- Accrued charges and deferred income +€2,125
new in 2024: €2,125
- Gross operating margin +€65,491
up €65,491 (+262.9%), from €24,912 to €90,404
- Write-downs +€40,000
new in 2024: €40,000
- Taxes +€10,188
up €10,188 (+158.4%), from €6,430 to €16,618
- Financial income +€1,385
up €1,385 (+2591.2%), from €53 to €1,439
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €61,716 | €132,832 | +€71,116 | +115.2% |
| Fixed assets | 21/28 | €20,000 | €20,000 | = | 0.0% |
| Financial fixed assets | 28 | €20,000 | €20,000 | = | 0.0% |
| Current assets | 29/58 | €41,716 | €112,832 | +€71,116 | +170.5% |
| Amounts receivable after more than one year | 29 | €16,000 | €21,000 | +€5,000 | +31.3% |
| Other amounts receivable | 291 | €16,000 | €21,000 | +€5,000 | +31.3% |
| Amounts receivable within one year | 40/41 | €21,891 | €87,975 | +€66,083 | +301.9% |
| Trade receivables | 40 | €11,891 | €73,048 | +€61,156 | +514.3% |
| Other amounts receivable | 41 | €10,000 | €14,927 | +€4,927 | +49.3% |
| Cash at bank and in hand | 54/58 | €3,771 | €2,606 | -€1,165 | -30.9% |
| Deferred charges and accrued income | 490/1 | €53 | €1,251 | +€1,198 | +2246.2% |
| Total equity and liabilities | 10/49 | €61,716 | €132,832 | +€71,116 | +115.2% |
| Equity | 10/15 | €45,403 | €79,727 | +€34,324 | +75.6% |
| Contributions | 10/11 | €55,000 | €55,000 | = | 0.0% |
| Reserves | 13 | €6,968 | €6,968 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,968 | €6,968 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,565 | €17,759 | +€34,324 | |
| Amounts payable | 17/49 | €16,313 | €53,105 | +€36,793 | +225.5% |
| Amounts payable within one year | 42/48 | €16,313 | €50,980 | +€34,668 | +212.5% |
| Trade debts | 44 | €10,840 | €49,550 | +€38,711 | +357.1% |
| Suppliers | 440/4 | €10,840 | €49,550 | +€38,711 | +357.1% |
| Taxes, remuneration and social security | 45 | €473 | €1,430 | +€957 | +202.4% |
| Taxes | 450/3 | €473 | €1,430 | +€957 | +202.4% |
| Other amounts payable | 47/48 | €5,000 | €0 | -€5,000 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €2,125 | +€2,125 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €40,000 | +€40,000 | |
| Other operating charges | 640/8 | €601 | €1,393 | +€792 | +131.8% |
| Gross operating margin | 9900 | €24,912 | €90,404 | +€65,491 | +262.9% |
| Operating profit (loss) | 9901 | €24,312 | €49,011 | +€24,699 | +101.6% |
| Financial income | 75/76B | €53 | €1,439 | +€1,385 | +2591.2% |
| Recurring financial income | 75 | €53 | €1,439 | +€1,385 | +2591.2% |
| Financial charges | 65/66B | €52 | -€493 | -€545 | |
| Recurring financial charges | 65 | €52 | -€493 | -€545 | |
| Profit (loss) for the period before taxes | 9903 | €24,313 | €50,942 | +€26,629 | +109.5% |
| Income taxes | 67/77 | €6,430 | €16,618 | +€10,188 | +158.4% |
| Profit (loss) for the period | 9904 | €17,883 | €34,324 | +€16,441 | +91.9% |
| Profit (loss) for the period to be appropriated | 9905 | €17,883 | €34,324 | +€16,441 | +91.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.