FINUM HOLDING: 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.
FINUM HOLDING
Largest movements
- Receivables after one year +€246,335
new in 2025: €246,335
- Receivables within one year +€49,297
up €49,297 (+27.7%), from €178,000 to €227,297
of which Other amounts receivable: +€39,297
- Tangible fixed assets -€17,390
down €17,390 (-20.8%), from €83,564 to €66,174
of which Leasing and similar rights: -€15,159
- Other debts +€184,492
up €184,492 (+61.6%), from €299,383 to €483,875
- Reserves +€124,519
up €124,519 (+16.8%), from €741,830 to €866,349
of which Distributable reserves: +€124,519
- Financial income -€95,906
down €95,906 (-95.9%), from €99,965 to €4,059
- Gross operating margin +€12,010
up €12,010 (+6.5%), from €183,717 to €195,727
- Financial charges -€10,278
down €10,278 (-63.1%), from €16,289 to €6,011
- Depreciation +€4,686
up €4,686 (+36.9%), from €12,704 to €17,390
- Taxes -€4,292
down €4,292 (-7.8%), from €55,290 to €50,999
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 | €1,270,913 | €1,547,022 | +€276,109 | +21.7% |
| Fixed assets | 21/28 | €1,083,564 | €1,066,174 | -€17,390 | -1.6% |
| Tangible fixed assets | 22/27 | €83,564 | €66,174 | -€17,390 | -20.8% |
| Furniture and vehicles | 24 | €17,624 | €15,394 | -€2,231 | -12.7% |
| Leasing and similar rights | 25 | €65,939 | €50,780 | -€15,159 | -23.0% |
| Financial fixed assets | 28 | €1,000,000 | €1,000,000 | = | 0.0% |
| Current assets | 29/58 | €187,349 | €480,848 | +€293,499 | +157% |
| Amounts receivable after more than one year | 29 | - | €246,335 | +€246,335 | |
| Other amounts receivable | 291 | - | €246,335 | +€246,335 | |
| Amounts receivable within one year | 40/41 | €178,000 | €227,297 | +€49,297 | +27.7% |
| Trade receivables | 40 | €50,000 | €60,000 | +€10,000 | +20.0% |
| Other amounts receivable | 41 | €128,000 | €167,297 | +€39,297 | +30.7% |
| Cash at bank and in hand | 54/58 | €7,244 | €2,758 | -€4,487 | -61.9% |
| Deferred charges and accrued income | 490/1 | €2,105 | €4,459 | +€2,355 | +112% |
| Total equity and liabilities | 10/49 | €1,270,913 | €1,547,022 | +€276,109 | +21.7% |
| Equity | 10/15 | €788,915 | €913,433 | +€124,519 | +15.8% |
| Contributions | 10/11 | €27,500 | €27,500 | = | 0.0% |
| Reserves | 13 | €741,830 | €866,349 | +€124,519 | +16.8% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €723,080 | €847,599 | +€124,519 | +17.2% |
| Profit (loss) carried forward | 14 | €19,585 | €19,585 | = | 0.0% |
| Amounts payable | 17/49 | €481,998 | €633,588 | +€151,590 | +31.5% |
| Amounts payable after more than one year | 17 | €53,392 | €38,858 | -€14,534 | -27.2% |
| Financial debts | 170/4 | €53,392 | €38,858 | -€14,534 | -27.2% |
| Amounts payable within one year | 42/48 | €428,606 | €594,730 | +€166,124 | +38.8% |
| Current portion of amounts payable after more than one year | 42 | €25,000 | €34,288 | +€9,288 | +37.2% |
| Financial debts | 43 | €23,914 | €10,093 | -€13,821 | -57.8% |
| Credit institutions | 430/8 | €23,914 | €10,093 | -€13,821 | -57.8% |
| Trade debts | 44 | €2,058 | €1,744 | -€314 | -15.2% |
| Suppliers | 440/4 | €2,058 | €1,744 | -€314 | -15.2% |
| Taxes, remuneration and social security | 45 | €78,252 | €64,730 | -€13,521 | -17.3% |
| Taxes | 450/3 | €78,252 | €64,730 | -€13,521 | -17.3% |
| Other amounts payable | 47/48 | €299,383 | €483,875 | +€184,492 | +61.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,704 | €17,390 | +€4,686 | +36.9% |
| Other operating charges | 640/8 | €1,417 | €868 | -€550 | -38.8% |
| Gross operating margin | 9900 | €183,717 | €195,727 | +€12,010 | +6.5% |
| Operating profit (loss) | 9901 | €169,596 | €177,469 | +€7,873 | +4.6% |
| Financial income | 75/76B | €99,965 | €4,059 | -€95,906 | -95.9% |
| Recurring financial income | 75 | €99,965 | €4,059 | -€95,906 | -95.9% |
| Financial charges | 65/66B | €16,289 | €6,011 | -€10,278 | -63.1% |
| Recurring financial charges | 65 | €16,289 | €6,011 | -€10,278 | -63.1% |
| Profit (loss) for the period before taxes | 9903 | €253,272 | €175,517 | -€77,755 | -30.7% |
| Income taxes | 67/77 | €55,290 | €50,999 | -€4,292 | -7.8% |
| Profit (loss) for the period | 9904 | €197,982 | €124,519 | -€73,463 | -37.1% |
| Profit (loss) for the period to be appropriated | 9905 | €197,982 | €124,519 | -€73,463 | -37.1% |
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 28 October 2026 via checked.be.