FINSTRACO: 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.
FINSTRACO
Largest movements
- Tangible fixed assets +€246,501
up €246,501 (+253.5%), from €97,246 to €343,747
of which Land and buildings: +€244,866
- Current investments -€93,177
down €93,177 (-96.9%), from €96,139 to €2,963
- Cash +€65,794
up €65,794 (+121.8%), from €54,029 to €119,823
mainly Net result for the year (+€144,397) and Other debts (+€100,197)
- Other debts +€100,197
up €100,197 (+299.1%), from €33,505 to €133,701
- Debts after one year +€100,000
new in 2025: €100,000
- Profit (loss) carried forward +€14,397
up €14,397 (+6.9%), from €208,042 to €222,439
- Depreciation +€31,451
up €31,451 (+887.4%), from €3,544 to €34,995
- Gross operating margin +€29,704
up €29,704 (+15.0%), from €197,590 to €227,294
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 | €282,356 | €503,652 | +€221,296 | +78.4% |
| Fixed assets | 21/28 | €97,246 | €343,747 | +€246,501 | +253.5% |
| Tangible fixed assets | 22/27 | €97,246 | €343,747 | +€246,501 | +253.5% |
| Land and buildings | 22 | €93,628 | €338,494 | +€244,866 | +261.5% |
| Plant, machinery and equipment | 23 | €541 | €214 | -€328 | -60.5% |
| Furniture and vehicles | 24 | €3,077 | €5,039 | +€1,962 | +63.8% |
| Current assets | 29/58 | €185,110 | €159,905 | -€25,205 | -13.6% |
| Amounts receivable within one year | 40/41 | €27,163 | €29,600 | +€2,437 | +9.0% |
| Trade receivables | 40 | €27,163 | €29,600 | +€2,437 | +9.0% |
| Current investments | 50/53 | €96,139 | €2,963 | -€93,177 | -96.9% |
| Cash at bank and in hand | 54/58 | €54,029 | €119,823 | +€65,794 | +121.8% |
| Deferred charges and accrued income | 490/1 | €7,779 | €7,520 | -€259 | -3.3% |
| Total equity and liabilities | 10/49 | €282,356 | €503,652 | +€221,296 | +78.4% |
| Equity | 10/15 | €228,502 | €242,899 | +€14,397 | +6.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €208,042 | €222,439 | +€14,397 | +6.9% |
| Amounts payable | 17/49 | €53,855 | €260,753 | +€206,899 | +384.2% |
| Amounts payable after more than one year | 17 | - | €100,000 | +€100,000 | |
| Financial debts | 170/4 | - | €100,000 | +€100,000 | |
| Amounts payable within one year | 42/48 | €53,855 | €159,165 | +€105,311 | +195.5% |
| Trade debts | 44 | €317 | €594 | +€277 | +87.4% |
| Suppliers | 440/4 | €317 | €594 | +€277 | +87.4% |
| Taxes, remuneration and social security | 45 | €20,033 | €24,870 | +€4,837 | +24.1% |
| Taxes | 450/3 | €20,033 | €24,870 | +€4,837 | +24.1% |
| Other amounts payable | 47/48 | €33,505 | €133,701 | +€100,197 | +299.1% |
| Accrued charges and deferred income | 492/3 | - | €1,588 | +€1,588 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,544 | €34,995 | +€31,451 | +887.4% |
| Other operating charges | 640/8 | €1,174 | €3,384 | +€2,210 | +188.2% |
| Gross operating margin | 9900 | €197,590 | €227,294 | +€29,704 | +15.0% |
| Operating profit (loss) | 9901 | €192,872 | €188,915 | -€3,957 | -2.1% |
| Financial income | 75/76B | €1,310 | €1,056 | -€254 | -19.4% |
| Recurring financial income | 75 | €1,310 | €1,056 | -€254 | -19.4% |
| Financial charges | 65/66B | €43 | €1,672 | +€1,629 | +3787.5% |
| Recurring financial charges | 65 | €43 | €1,672 | +€1,629 | +3787.5% |
| Profit (loss) for the period before taxes | 9903 | €194,139 | €188,299 | -€5,840 | -3.0% |
| Income taxes | 67/77 | €45,168 | €43,902 | -€1,266 | -2.8% |
| Profit (loss) for the period | 9904 | €148,971 | €144,397 | -€4,574 | -3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €148,971 | €144,397 | -€4,574 | -3.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.