Fintek: 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.
Fintek
Largest movements
- Tangible fixed assets -€53,824
down €53,824 (-11.6%), from €464,305 to €410,481
of which Land and buildings: -€43,199
- Receivables within one year -€14,660
down €14,660 (-35.2%), from €41,691 to €27,032
of which Trade receivables: -€14,660
- Other debts -€32,233
down €32,233 (-70.7%), from €45,617 to €13,383
- Reserves -€20,860
down €20,860 (-19.2%), from €108,860 to €88,000
of which Distributable reserves: -€19,000
- Debts after one year -€19,512
down €19,512 (-5.8%), from €338,058 to €318,546
- Depreciation +€41,100
up €41,100 (+118.4%), from €34,725 to €75,824
- Gross operating margin +€33,752
up €33,752 (+90.3%), from €37,376 to €71,129
- Financial charges +€9,113
up €9,113 (+325.7%), from €2,798 to €11,910
- Other operating charges +€1,910
up €1,910 (+177.6%), from €1,076 to €2,986
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 | €533,788 | €461,082 | -€72,706 | -13.6% |
| Fixed assets | 21/28 | €464,305 | €410,481 | -€53,824 | -11.6% |
| Tangible fixed assets | 22/27 | €464,305 | €410,481 | -€53,824 | -11.6% |
| Land and buildings | 22 | €431,146 | €387,947 | -€43,199 | -10.0% |
| Plant, machinery and equipment | 23 | €22,742 | €13,567 | -€9,174 | -40.3% |
| Furniture and vehicles | 24 | €2,318 | €867 | -€1,451 | -62.6% |
| Other tangible fixed assets | 26 | €8,100 | €8,100 | = | 0.0% |
| Current assets | 29/58 | €69,483 | €50,601 | -€18,882 | -27.2% |
| Amounts receivable within one year | 40/41 | €41,691 | €27,032 | -€14,660 | -35.2% |
| Trade receivables | 40 | €39,068 | €24,408 | -€14,660 | -37.5% |
| Other amounts receivable | 41 | €2,624 | €2,624 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €25,660 | €21,606 | -€4,054 | -15.8% |
| Deferred charges and accrued income | 490/1 | €2,132 | €1,963 | -€168 | -7.9% |
| Total equity and liabilities | 10/49 | €533,788 | €461,082 | -€72,706 | -13.6% |
| Equity | 10/15 | €115,251 | €95,015 | -€20,236 | -17.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €108,860 | €88,000 | -€20,860 | -19.2% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €107,000 | €88,000 | -€19,000 | -17.8% |
| Profit (loss) carried forward | 14 | €191 | €815 | +€624 | +326.8% |
| Amounts payable | 17/49 | €418,537 | €366,067 | -€52,470 | -12.5% |
| Amounts payable after more than one year | 17 | €338,058 | €318,546 | -€19,512 | -5.8% |
| Financial debts | 170/4 | €338,058 | €318,546 | -€19,512 | -5.8% |
| Amounts payable within one year | 42/48 | €80,479 | €47,521 | -€32,958 | -41.0% |
| Current portion of amounts payable after more than one year | 42 | €18,865 | €19,512 | +€647 | +3.4% |
| Trade debts | 44 | - | €1,357 | +€1,357 | |
| Suppliers | 440/4 | - | €1,357 | +€1,357 | |
| Taxes, remuneration and social security | 45 | €15,998 | €13,269 | -€2,728 | -17.1% |
| Taxes | 450/3 | €12,798 | €10,069 | -€2,728 | -21.3% |
| Remuneration and social security | 454/9 | €3,200 | €3,200 | = | 0.0% |
| Other amounts payable | 47/48 | €45,617 | €13,383 | -€32,233 | -70.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,725 | €75,824 | +€41,100 | +118.4% |
| Other operating charges | 640/8 | €1,076 | €2,986 | +€1,910 | +177.6% |
| Gross operating margin | 9900 | €37,376 | €71,129 | +€33,752 | +90.3% |
| Operating profit (loss) | 9901 | €1,576 | -€7,682 | -€9,257 | |
| Financial income | 75/76B | €8 | €34 | +€26 | +320.5% |
| Recurring financial income | 75 | €8 | €34 | +€26 | +320.5% |
| Financial charges | 65/66B | €2,798 | €11,910 | +€9,113 | +325.7% |
| Recurring financial charges | 65 | €2,798 | €11,910 | +€9,113 | +325.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,214 | -€19,558 | -€18,345 | -1511.5% |
| Income taxes | 67/77 | €1,376 | €678 | -€699 | -50.8% |
| Profit (loss) for the period | 9904 | -€2,590 | -€20,236 | -€17,646 | -681.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,590 | -€20,236 | -€17,646 | -681.3% |
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 1 October 2026 via checked.be.