Fintegriteit: 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.
Fintegriteit
Largest movements
- Intangible fixed assets -€33,070
down €33,070 (-18.8%), from €175,813 to €142,744
- Receivables within one year +€26,150
up €26,150 (+35.5%), from €73,658 to €99,808
of which Other amounts receivable: +€25,444
- Deferred charges and accrued income -€9,868
down €9,868 (-49.6%), from €19,903 to €10,035
- Cash -€8,685
down €8,685 (-70.9%), from €12,243 to €3,558
mainly Receivables within one year (-€26,150) and Tax, wage and social debts (-€24,274)
- Tangible fixed assets -€2,914
down €2,914 (-48.7%), from €5,984 to €3,071
of which Furniture and vehicles: -€1,604
- Tax, wage and social debts -€24,274
down €24,274 (-36.6%), from €66,364 to €42,090
of which Taxes: -€20,038
- Debts after one year -€19,984
down €19,984 (-23.7%), from €84,225 to €64,242
- Reserves +€10,654
up €10,654 (+21.7%), from €49,086 to €59,740
- Trade debts +€7,204
up €7,204 (+135%), from €5,347 to €12,551
- Gross operating margin -€45,046
down €45,046 (-23.4%), from €192,510 to €147,464
- Staff costs -€44,319
down €44,319 (-36.8%), from €120,583 to €76,264
- Depreciation -€4,040
down €4,040 (-9.8%), from €41,148 to €37,107
- Other operating charges +€3,235
up €3,235 (+489%), from €662 to €3,897
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 | €287,602 | €259,216 | -€28,386 | -9.9% |
| Fixed assets | 21/28 | €181,798 | €145,814 | -€35,984 | -19.8% |
| Intangible fixed assets | 21 | €175,813 | €142,744 | -€33,070 | -18.8% |
| Tangible fixed assets | 22/27 | €5,984 | €3,071 | -€2,914 | -48.7% |
| Land and buildings | 22 | €1,773 | €463 | -€1,310 | -73.9% |
| Furniture and vehicles | 24 | €4,211 | €2,607 | -€1,604 | -38.1% |
| Current assets | 29/58 | €105,804 | €113,402 | +€7,598 | +7.2% |
| Amounts receivable within one year | 40/41 | €73,658 | €99,808 | +€26,150 | +35.5% |
| Trade receivables | 40 | €195 | €901 | +€706 | +362% |
| Other amounts receivable | 41 | €73,463 | €98,907 | +€25,444 | +34.6% |
| Cash at bank and in hand | 54/58 | €12,243 | €3,558 | -€8,685 | -70.9% |
| Deferred charges and accrued income | 490/1 | €19,903 | €10,035 | -€9,868 | -49.6% |
| Total equity and liabilities | 10/49 | €287,602 | €259,216 | -€28,386 | -9.9% |
| Equity | 10/15 | €59,086 | €69,740 | +€10,654 | +18.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €49,086 | €59,740 | +€10,654 | +21.7% |
| Distributable reserves | 133 | €49,086 | €59,740 | +€10,654 | +21.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €228,516 | €189,476 | -€39,040 | -17.1% |
| Amounts payable after more than one year | 17 | €84,225 | €64,242 | -€19,984 | -23.7% |
| Financial debts | 170/4 | €84,225 | €64,242 | -€19,984 | -23.7% |
| Amounts payable within one year | 42/48 | €143,486 | €124,463 | -€19,024 | -13.3% |
| Current portion of amounts payable after more than one year | 42 | €30,553 | €29,984 | -€570 | -1.9% |
| Financial debts | 43 | €41,221 | €39,837 | -€1,384 | -3.4% |
| Credit institutions | 430/8 | €41,221 | €39,837 | -€1,384 | -3.4% |
| Trade debts | 44 | €5,347 | €12,551 | +€7,204 | +135% |
| Suppliers | 440/4 | €5,347 | €12,551 | +€7,204 | +135% |
| Taxes, remuneration and social security | 45 | €66,364 | €42,090 | -€24,274 | -36.6% |
| Taxes | 450/3 | €48,088 | €28,050 | -€20,038 | -41.7% |
| Remuneration and social security | 454/9 | €18,276 | €14,040 | -€4,236 | -23.2% |
| Accrued charges and deferred income | 492/3 | €805 | €772 | -€33 | -4.1% |
| Non-recurring operating income | 76A | - | €9,297 | +€9,297 | |
| Remuneration, social security and pensions | 62 | €120,583 | €76,264 | -€44,319 | -36.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,148 | €37,107 | -€4,040 | -9.8% |
| Other operating charges | 640/8 | €662 | €3,897 | +€3,235 | +489% |
| Non-recurring operating charges | 66A | €2,024 | €0 | -€2,024 | -100% |
| Gross operating margin | 9900 | €192,510 | €147,464 | -€45,046 | -23.4% |
| Operating profit (loss) | 9901 | €28,093 | €30,196 | +€2,103 | +7.5% |
| Financial income | 75/76B | €41 | €0 | -€41 | -100% |
| Recurring financial income | 75 | €41 | €0 | -€41 | -100% |
| Financial charges | 65/66B | €13,697 | €12,304 | -€1,393 | -10.2% |
| Recurring financial charges | 65 | €13,697 | €12,304 | -€1,393 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €14,437 | €17,892 | +€3,455 | +23.9% |
| Income taxes | 67/77 | €5,570 | €7,238 | +€1,668 | +29.9% |
| Profit (loss) for the period | 9904 | €8,867 | €10,654 | +€1,787 | +20.2% |
| Profit (loss) for the period to be appropriated | 9905 | €8,867 | €10,654 | +€1,787 | +20.2% |
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 14 October 2026 via checked.be.