FINTECT: 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.
FINTECT
Largest movements
- Financial fixed assets +€66,375
up €66,375 (+94.2%), from €70,499 to €136,874
- Cash -€52,709
down €52,709 (-69.1%), from €76,236 to €23,528
mainly Investment in fixed assets (net) (-€66,375) and Contributions, distributions and other (-€40,000)
- Receivables within one year -€11,798
down €11,798 (-15.2%), from €77,629 to €65,831
of which Other amounts receivable: -€11,798
- Tangible fixed assets -€5,487
down €5,487 (-3.3%), from €167,921 to €162,434
- Profit (loss) carried forward +€27,448
up €27,448 (+12.3%), from €222,916 to €250,364
- Trade debts -€19,151
down €19,151 (-57.5%), from €33,284 to €14,133
- Debts after one year -€12,170
down €12,170 (-39.1%), from €31,123 to €18,953
- Other debts -€7,550
down €7,550 (-80.7%), from €9,352 to €1,802
- Tax, wage and social debts +€7,195
up €7,195 (+14.7%), from €49,090 to €56,285
- Gross operating margin -€74,717
down €74,717 (-45.5%), from €164,284 to €89,567
- Taxes -€28,888
down €28,888 (-65.5%), from €44,090 to €15,202
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.
Derived cash bridge
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 | €396,635 | €392,767 | -€3,868 | -1.0% |
| Fixed assets | 21/28 | €238,420 | €299,308 | +€60,888 | +25.5% |
| Tangible fixed assets | 22/27 | €167,921 | €162,434 | -€5,487 | -3.3% |
| Land and buildings | 22 | €167,921 | €162,434 | -€5,487 | -3.3% |
| Financial fixed assets | 28 | €70,499 | €136,874 | +€66,375 | +94.2% |
| Current assets | 29/58 | €158,216 | €93,459 | -€64,757 | -40.9% |
| Amounts receivable within one year | 40/41 | €77,629 | €65,831 | -€11,798 | -15.2% |
| Trade receivables | 40 | €7,753 | €7,753 | = | 0.0% |
| Other amounts receivable | 41 | €69,876 | €58,078 | -€11,798 | -16.9% |
| Cash at bank and in hand | 54/58 | €76,236 | €23,528 | -€52,709 | -69.1% |
| Deferred charges and accrued income | 490/1 | €4,350 | €4,100 | -€250 | -5.7% |
| Total equity and liabilities | 10/49 | €396,635 | €392,767 | -€3,868 | -1.0% |
| Equity | 10/15 | €261,976 | €289,424 | +€27,448 | +10.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €32,860 | €32,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €31,000 | €31,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €222,916 | €250,364 | +€27,448 | +12.3% |
| Amounts payable | 17/49 | €134,660 | €103,343 | -€31,317 | -23.3% |
| Amounts payable after more than one year | 17 | €31,123 | €18,953 | -€12,170 | -39.1% |
| Financial debts | 170/4 | €31,123 | €18,953 | -€12,170 | -39.1% |
| Amounts payable within one year | 42/48 | €103,537 | €84,390 | -€19,147 | -18.5% |
| Current portion of amounts payable after more than one year | 42 | €11,811 | €12,170 | +€359 | +3.0% |
| Trade debts | 44 | €33,284 | €14,133 | -€19,151 | -57.5% |
| Suppliers | 440/4 | €33,284 | €14,133 | -€19,151 | -57.5% |
| Taxes, remuneration and social security | 45 | €49,090 | €56,285 | +€7,195 | +14.7% |
| Taxes | 450/3 | €49,090 | €56,285 | +€7,195 | +14.7% |
| Other amounts payable | 47/48 | €9,352 | €1,802 | -€7,550 | -80.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,483 | €5,487 | +€3 | +0.1% |
| Other operating charges | 640/8 | €85 | €63 | -€22 | -26.0% |
| Non-recurring operating charges | 66A | €4,547 | - | -€4,547 | |
| Gross operating margin | 9900 | €164,284 | €89,567 | -€74,717 | -45.5% |
| Operating profit (loss) | 9901 | €154,169 | €84,018 | -€70,151 | -45.5% |
| Financial income | 75/76B | €1,358 | €44 | -€1,314 | -96.8% |
| Recurring financial income | 75 | €1,358 | €44 | -€1,314 | -96.8% |
| Financial charges | 65/66B | €2,296 | €1,411 | -€885 | -38.5% |
| Recurring financial charges | 65 | €2,296 | €1,411 | -€885 | -38.5% |
| Profit (loss) for the period before taxes | 9903 | €153,230 | €82,650 | -€70,580 | -46.1% |
| Income taxes | 67/77 | €44,090 | €15,202 | -€28,888 | -65.5% |
| Profit (loss) for the period | 9904 | €109,140 | €67,448 | -€41,692 | -38.2% |
| Profit (loss) for the period to be appropriated | 9905 | €109,140 | €67,448 | -€41,692 | -38.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.