FinUp: 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.
FinUp
Largest movements
- Receivables within one year +€20,569
up €20,569 (+210.0%), from €9,795 to €30,364
- Tangible fixed assets -€5,780
down €5,780 (-21.2%), from €27,273 to €21,493
- Cash +€3,901
up €3,901 (+70.7%), from €5,516 to €9,417
mainly Net result for the year (+€27,395) and Tax, wage and social debts (+€7,808)
- Deferred charges and accrued income +€1,664
up €1,664 (+172.5%), from €965 to €2,628
- Profit (loss) carried forward +€27,395
up €27,395 (+24.0%), from -€114,278 to -€86,883
- Other debts -€12,581
down €12,581 (-11.5%), from €109,582 to €97,001
- Tax, wage and social debts +€7,808
up €7,808 (+186.6%), from €4,184 to €11,993
- Debts after one year -€4,745
down €4,745 (-24.6%), from €19,309 to €14,564
- Current portion of long-term debt +€1,876
up €1,876 (+41.2%), from €4,551 to €6,427
- Gross operating margin +€29,435
up €29,435 (+142.6%), from €20,647 to €50,082
- Taxes +€8,740
up €8,740 (+272.7%), from €3,205 to €11,945
- Depreciation +€4,153
up €4,153 (+255.3%), from €1,627 to €5,780
- Financial charges +€2,257
up €2,257 (+552.5%), from €409 to €2,666
- Staff costs +€809
up €809 (+270.3%), from €299 to €1,108
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 | €43,983 | €64,336 | +€20,353 | +46.3% |
| Fixed assets | 21/28 | €27,707 | €21,927 | -€5,780 | -20.9% |
| Tangible fixed assets | 22/27 | €27,273 | €21,493 | -€5,780 | -21.2% |
| Furniture and vehicles | 24 | €27,273 | €21,493 | -€5,780 | -21.2% |
| Financial fixed assets | 28 | €434 | €434 | = | 0.0% |
| Current assets | 29/58 | €16,276 | €42,409 | +€26,133 | +160.6% |
| Amounts receivable within one year | 40/41 | €9,795 | €30,364 | +€20,569 | +210.0% |
| Trade receivables | 40 | €9,795 | €30,364 | +€20,569 | +210.0% |
| Cash at bank and in hand | 54/58 | €5,516 | €9,417 | +€3,901 | +70.7% |
| Deferred charges and accrued income | 490/1 | €965 | €2,628 | +€1,664 | +172.5% |
| Total equity and liabilities | 10/49 | €43,983 | €64,336 | +€20,353 | +46.3% |
| Equity | 10/15 | -€95,278 | -€67,883 | +€27,395 | +28.8% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€114,278 | -€86,883 | +€27,395 | +24.0% |
| Amounts payable | 17/49 | €139,261 | €132,220 | -€7,042 | -5.1% |
| Amounts payable after more than one year | 17 | €19,309 | €14,564 | -€4,745 | -24.6% |
| Financial debts | 170/4 | €19,309 | €14,564 | -€4,745 | -24.6% |
| Amounts payable within one year | 42/48 | €119,952 | €117,655 | -€2,297 | -1.9% |
| Current portion of amounts payable after more than one year | 42 | €4,551 | €6,427 | +€1,876 | +41.2% |
| Trade debts | 44 | €1,634 | €2,234 | +€600 | +36.7% |
| Suppliers | 440/4 | €1,634 | €2,234 | +€600 | +36.7% |
| Taxes, remuneration and social security | 45 | €4,184 | €11,993 | +€7,808 | +186.6% |
| Taxes | 450/3 | €4,184 | €11,993 | +€7,808 | +186.6% |
| Other amounts payable | 47/48 | €109,582 | €97,001 | -€12,581 | -11.5% |
| Remuneration, social security and pensions | 62 | €299 | €1,108 | +€809 | +270.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,627 | €5,780 | +€4,153 | +255.3% |
| Other operating charges | 640/8 | €520 | €1,187 | +€667 | +128.4% |
| Gross operating margin | 9900 | €20,647 | €50,082 | +€29,435 | +142.6% |
| Operating profit (loss) | 9901 | €18,201 | €42,006 | +€23,805 | +130.8% |
| Financial charges | 65/66B | €409 | €2,666 | +€2,257 | +552.5% |
| Recurring financial charges | 65 | €409 | €2,666 | +€2,257 | +552.5% |
| Profit (loss) for the period before taxes | 9903 | €17,792 | €39,340 | +€21,548 | +121.1% |
| Income taxes | 67/77 | €3,205 | €11,945 | +€8,740 | +272.7% |
| Profit (loss) for the period | 9904 | €14,587 | €27,395 | +€12,808 | +87.8% |
| Profit (loss) for the period to be appropriated | 9905 | €14,587 | €27,395 | +€12,808 | +87.8% |
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 8 October 2026 via checked.be.