Fintel.Tax: 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.
Fintel.Tax
Largest movements
- Receivables within one year -€304,342
down €304,342 (-55.7%), from €546,193 to €241,851
of which Trade receivables: -€174,635
- Cash +€95,272
up €95,272 (+259%), from €36,722 to €131,994
mainly Receivables within one year (+€304,342) and Net result for the year (+€112,809)
- Financial fixed assets +€68,059
up €68,059 (+4,188%), from €1,625 to €69,684
- Accrued charges and deferred income -€132,100
down €132,100 (-49.3%), from €268,000 to €135,900
- Other debts +€99,682
new in 2025: €99,682
- Trade debts -€60,111
down €60,111 (-95.5%), from €62,955 to €2,844
- Tax, wage and social debts -€53,694
down €53,694 (-75.5%), from €71,132 to €17,438
of which Taxes: -€58,120
- Profit (loss) carried forward +€12,809
up €12,809 (+9.7%), from €132,727 to €145,536
- Gross operating margin +€159,447
up €159,447 (+197%), from €81,073 to €240,520
- Financial income +€64,849
new in 2025: €64,849
of which Financial income: +€63,941
- Financial charges +€63,387
up €63,387 (+6,142%), from €1,032 to €64,419
of which Non-recurring financial charges: +€64,419
- Taxes +€38,547
up €38,547 (+431%), from €8,953 to €47,500
- Write-downs +€35,628
new in 2025: €35,628
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 | €585,781 | €444,085 | -€141,696 | -24.2% |
| Fixed assets | 21/28 | €2,867 | €69,684 | +€66,818 | +2,331% |
| Tangible fixed assets | 22/27 | €1,242 | - | -€1,242 | |
| Furniture and vehicles | 24 | €1,242 | - | -€1,242 | |
| Financial fixed assets | 28 | €1,625 | €69,684 | +€68,059 | +4,188% |
| Current assets | 29/58 | €582,915 | €374,401 | -€208,514 | -35.8% |
| Amounts receivable within one year | 40/41 | €546,193 | €241,851 | -€304,342 | -55.7% |
| Trade receivables | 40 | €261,073 | €86,438 | -€174,635 | -66.9% |
| Other amounts receivable | 41 | €285,120 | €155,414 | -€129,706 | -45.5% |
| Cash at bank and in hand | 54/58 | €36,722 | €131,994 | +€95,272 | +259% |
| Deferred charges and accrued income | 490/1 | - | €556 | +€556 | |
| Total equity and liabilities | 10/49 | €585,781 | €444,085 | -€141,696 | -24.2% |
| Equity | 10/15 | €160,227 | €173,036 | +€12,809 | +8.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €132,727 | €145,536 | +€12,809 | +9.7% |
| Amounts payable | 17/49 | €425,555 | €271,049 | -€154,506 | -36.3% |
| Amounts payable within one year | 42/48 | €157,555 | €135,149 | -€22,406 | -14.2% |
| Current portion of amounts payable after more than one year | 42 | €23,467 | €15,184 | -€8,283 | -35.3% |
| Trade debts | 44 | €62,955 | €2,844 | -€60,111 | -95.5% |
| Suppliers | 440/4 | €62,955 | €2,844 | -€60,111 | -95.5% |
| Taxes, remuneration and social security | 45 | €71,132 | €17,438 | -€53,694 | -75.5% |
| Taxes | 450/3 | €68,851 | €10,731 | -€58,120 | -84.4% |
| Remuneration and social security | 454/9 | €2,281 | €6,707 | +€4,426 | +194% |
| Other amounts payable | 47/48 | - | €99,682 | +€99,682 | |
| Accrued charges and deferred income | 492/3 | €268,000 | €135,900 | -€132,100 | -49.3% |
| Remuneration, social security and pensions | 62 | €49,758 | €34,258 | -€15,499 | -31.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,242 | €1,242 | -€0 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €35,628 | +€35,628 | |
| Other operating charges | 640/8 | €4,616 | €9,513 | +€4,897 | +106% |
| Gross operating margin | 9900 | €81,073 | €240,520 | +€159,447 | +197% |
| Operating profit (loss) | 9901 | €25,458 | €159,879 | +€134,421 | +528% |
| Financial income | 75/76B | - | €64,849 | +€64,849 | |
| Recurring financial income | 75 | - | €63,941 | +€63,941 | |
| Non-recurring financial income | 76B | - | €908 | +€908 | |
| Financial charges | 65/66B | €1,032 | €64,419 | +€63,387 | +6,142% |
| Recurring financial charges | 65 | €1,032 | €64,419 | +€63,387 | +6,142% |
| Non-recurring financial charges | 66B | - | €64,419 | +€64,419 | |
| Profit (loss) for the period before taxes | 9903 | €24,426 | €160,309 | +€135,884 | +556% |
| Income taxes | 67/77 | €8,953 | €47,500 | +€38,547 | +431% |
| Profit (loss) for the period | 9904 | €15,472 | €112,809 | +€97,337 | +629% |
| Profit (loss) for the period to be appropriated | 9905 | €15,472 | €112,809 | +€97,337 | +629% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.