FinTrack: 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.
FinTrack
Largest movements
- Current investments -€61,189
down €61,189 (-70.5%), from €86,848 to €25,659
- Financial fixed assets +€50,000
new in 2025: €50,000
- Tangible fixed assets -€15,293
down €15,293 (-9.3%), from €165,168 to €149,874
of which Furniture and vehicles: -€16,429
- Receivables within one year +€11,279
up €11,279 (+16540.0%), from €68 to €11,347
of which Trade receivables: +€11,150
- Debts after one year -€26,525
down €26,525 (-26.6%), from €99,617 to €73,093
- Reserves +€7,179
up €7,179 (+10.2%), from €70,074 to €77,253
- Other debts +€5,929
up €5,929 (+18.9%), from €31,296 to €37,225
- Gross operating margin -€142,540
down €142,540 (-84.4%), from €168,943 to €26,404
- Financial charges -€62,655
down €62,655 (-87.5%), from €71,630 to €8,975
of which Non-recurring financial charges: -€68,291
- Taxes -€15,777
down €15,777 (-85.7%), from €18,411 to €2,634
- Financial income +€10,396
up €10,396 (+953795.4%), from €1 to €10,397
- Depreciation +€9,795
up €9,795 (+140.4%), from €6,977 to €16,772
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 | €265,325 | €249,114 | -€16,211 | -6.1% |
| Fixed assets | 21/28 | €165,168 | €199,874 | +€34,707 | +21.0% |
| Tangible fixed assets | 22/27 | €165,168 | €149,874 | -€15,293 | -9.3% |
| Land and buildings | 22 | €90,000 | €90,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | - | €1,136 | +€1,136 | |
| Furniture and vehicles | 24 | €75,168 | €58,739 | -€16,429 | -21.9% |
| Financial fixed assets | 28 | - | €50,000 | +€50,000 | |
| Current assets | 29/58 | €100,157 | €49,239 | -€50,918 | -50.8% |
| Amounts receivable within one year | 40/41 | €68 | €11,347 | +€11,279 | +16540.0% |
| Trade receivables | 40 | - | €11,150 | +€11,150 | |
| Other amounts receivable | 41 | €68 | €197 | +€129 | +188.9% |
| Current investments | 50/53 | €86,848 | €25,659 | -€61,189 | -70.5% |
| Cash at bank and in hand | 54/58 | €13,241 | €12,234 | -€1,007 | -7.6% |
| Total equity and liabilities | 10/49 | €265,325 | €249,114 | -€16,211 | -6.1% |
| Equity | 10/15 | €72,074 | €79,253 | +€7,179 | +10.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €70,074 | €77,253 | +€7,179 | +10.2% |
| Distributable reserves | 133 | €70,074 | €77,253 | +€7,179 | +10.2% |
| Amounts payable | 17/49 | €193,251 | €169,861 | -€23,390 | -12.1% |
| Amounts payable after more than one year | 17 | €99,617 | €73,093 | -€26,525 | -26.6% |
| Financial debts | 170/4 | €99,617 | €73,093 | -€26,525 | -26.6% |
| Amounts payable within one year | 42/48 | €93,634 | €96,768 | +€3,135 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €26,000 | €26,525 | +€525 | +2.0% |
| Trade debts | 44 | €3,385 | €1,051 | -€2,334 | -69.0% |
| Suppliers | 440/4 | €3,385 | €1,051 | -€2,334 | -69.0% |
| Taxes, remuneration and social security | 45 | €32,952 | €31,967 | -€985 | -3.0% |
| Taxes | 450/3 | €32,952 | €31,967 | -€985 | -3.0% |
| Other amounts payable | 47/48 | €31,296 | €37,225 | +€5,929 | +18.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,977 | €16,772 | +€9,795 | +140.4% |
| Other operating charges | 640/8 | €1,853 | €1,241 | -€613 | -33.1% |
| Gross operating margin | 9900 | €168,943 | €26,404 | -€142,540 | -84.4% |
| Operating profit (loss) | 9901 | €160,114 | €8,391 | -€151,722 | -94.8% |
| Financial income | 75/76B | €1 | €10,397 | +€10,396 | +953795.4% |
| Recurring financial income | 75 | €1 | €10,397 | +€10,396 | +953795.4% |
| Financial charges | 65/66B | €71,630 | €8,975 | -€62,655 | -87.5% |
| Recurring financial charges | 65 | €3,339 | €8,975 | +€5,636 | +168.8% |
| Non-recurring financial charges | 66B | €68,291 | - | -€68,291 | |
| Profit (loss) for the period before taxes | 9903 | €88,485 | €9,814 | -€78,671 | -88.9% |
| Income taxes | 67/77 | €18,411 | €2,634 | -€15,777 | -85.7% |
| Profit (loss) for the period | 9904 | €70,074 | €7,179 | -€62,894 | -89.8% |
| Profit (loss) for the period to be appropriated | 9905 | €70,074 | €7,179 | -€62,894 | -89.8% |
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 3 October 2026 via checked.be.