Fintechnicon: 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.
Fintechnicon
Largest movements
- Tangible fixed assets -€29,538
down €29,538 (-90.1%), from €32,787 to €3,250
of which Land and buildings: -€28,775
- Cash +€13,880
up €13,880 (+14.1%), from €98,274 to €112,154
mainly Investment in fixed assets (net) (+€27,802) and Deferred charges and accrued income (+€2,436)
- Deferred charges and accrued income -€2,436
down €2,436 (-95.8%), from €2,544 to €108
- Tax, wage and social debts -€17,503
down €17,503 (-50.7%), from €34,551 to €17,048
- Other debts -€2,736
down €2,736 (-35.3%), from €7,753 to €5,017
- Trade debts +€1,722
up €1,722 (+60.6%), from €2,840 to €4,563
- Taxes -€5,654
down €5,654 (-77.2%), from €7,324 to €1,669
- Depreciation -€3,576
down €3,576 (-67.3%), from €5,312 to €1,736
- Gross operating margin +€1,977
up €1,977 (+4.9%), from €40,717 to €42,694
- Financial charges -€822
down €822 (-40.9%), from €2,007 to €1,186
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 | €151,254 | €131,762 | -€19,492 | -12.9% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €32,787 | €3,250 | -€29,538 | -90.1% |
| Tangible fixed assets | 22/27 | €32,787 | €3,250 | -€29,538 | -90.1% |
| Land and buildings | 22 | €28,775 | €0 | -€28,775 | -100.0% |
| Furniture and vehicles | 24 | €4,012 | €3,250 | -€762 | -19.0% |
| Current assets | 29/58 | €118,466 | €128,512 | +€10,046 | +8.5% |
| Amounts receivable within one year | 40/41 | €17,649 | €16,250 | -€1,399 | -7.9% |
| Trade receivables | 40 | €17,565 | €16,250 | -€1,315 | -7.5% |
| Other amounts receivable | 41 | €84 | €0 | -€84 | -100.0% |
| Cash at bank and in hand | 54/58 | €98,274 | €112,154 | +€13,880 | +14.1% |
| Deferred charges and accrued income | 490/1 | €2,544 | €108 | -€2,436 | -95.8% |
| Total equity and liabilities | 10/49 | €151,254 | €131,762 | -€19,492 | -12.9% |
| Equity | 10/15 | €104,609 | €105,135 | +€525 | +0.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €99,609 | €100,135 | +€525 | +0.5% |
| Distributable reserves | 133 | €99,609 | €100,135 | +€525 | +0.5% |
| Amounts payable | 17/49 | €46,644 | €26,627 | -€20,017 | -42.9% |
| Amounts payable within one year | 42/48 | €45,144 | €26,627 | -€18,517 | -41.0% |
| Trade debts | 44 | €2,840 | €4,563 | +€1,722 | +60.6% |
| Suppliers | 440/4 | €2,840 | €4,563 | +€1,722 | +60.6% |
| Taxes, remuneration and social security | 45 | €34,551 | €17,048 | -€17,503 | -50.7% |
| Taxes | 450/3 | €34,551 | €17,048 | -€17,503 | -50.7% |
| Other amounts payable | 47/48 | €7,753 | €5,017 | -€2,736 | -35.3% |
| Accrued charges and deferred income | 492/3 | €1,500 | €0 | -€1,500 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,312 | €1,736 | -€3,576 | -67.3% |
| Other operating charges | 640/8 | €175 | €460 | +€285 | +163.1% |
| Non-recurring operating charges | 66A | - | €37,174 | +€37,174 | |
| Gross operating margin | 9900 | €40,717 | €42,694 | +€1,977 | +4.9% |
| Operating profit (loss) | 9901 | €35,230 | €3,324 | -€31,906 | -90.6% |
| Financial income | 75/76B | €5 | €57 | +€51 | +975.3% |
| Recurring financial income | 75 | €5 | €57 | +€51 | +975.3% |
| Financial charges | 65/66B | €2,007 | €1,186 | -€822 | -40.9% |
| Recurring financial charges | 65 | €2,007 | €1,186 | -€822 | -40.9% |
| Profit (loss) for the period before taxes | 9903 | €33,228 | €2,195 | -€31,033 | -93.4% |
| Income taxes | 67/77 | €7,324 | €1,669 | -€5,654 | -77.2% |
| Profit (loss) for the period | 9904 | €25,904 | €525 | -€25,379 | -98.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,904 | €525 | -€25,379 | -98.0% |
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 11 October 2026 via checked.be.